Taiho Transportation (NGO:9040) 3-Year ROIIC % : -15.63% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NGO:9040 Taiho Transportation NGO:9040
64 GF Score
Price 円4,185.00
GF Value 円3,934.26
Valuation Fairly Valued
! 4 Warning Signs
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What is Taiho Transportation 3-Year ROIIC %?

Taiho Transportation NGO:9040 64 3-Year ROIIC % is -15.63 as of Mar. 2026. GuruFocus rates NGO:9040 with a GF Score™ of 64/100 and a GF Value™ of 円3,934.26 (Fairly Valued). The stock has 4 warning signs investors should review. Among 938 Transportation companies, Taiho Transportation ranks worse than 76.55% on this metric.

3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year. Taiho Transportation's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was -15.63%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Taiho Transportation's 3-Year ROIIC % or its related term are showing as below:

NGO:9040's 3-Year ROIIC % is ranked worse than
76.55% of 938 companies
in the Transportation industry
Industry Median: 2.005 vs NGO:9040: -15.63

Taiho Transportation  (NGO:9040) 3-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.


Taiho Transportation 3-Year ROIIC % Related Terms


Taiho Transportation 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Taiho Transportation's 3-Year ROIIC % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Taiho Transportation 3-Year ROIIC % Chart

Taiho Transportation Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 72.30 -10.82 -3.72 -5.28 -15.63

Taiho Transportation Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
3-Year ROIIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -3.72 0.00 -5.28 0.00 -15.63

NGO:9040 vs ODFL, XPO, KNX: 3-Year ROIIC % Comparison

For the Trucking subindustry, Taiho Transportation's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Taiho Transportation 3-Year ROIIC % vs Transportation Industry

For the Transportation industry and Industrials sector, Taiho Transportation's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Taiho Transportation's 3-Year ROIIC % falls into.


NGO:9040
64GF Score
Taiho Transportation NGO:9040
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Taiho Transportation 3-Year ROIIC % Calculation

Taiho Transportation's 3-Year ROIIC % for the quarter that ended in Mar. 2026 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 198.3761453 (Mar. 2026) - 148.3763346 (Mar. 2023) )/( 6832.754 (Mar. 2026) - 7152.742 (Mar. 2023) )
=49.9998107/-319.988
=-15.63%***

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.

Frequently Asked Questions Learn more about 3-Year ROIIC % →
What does a 3-Year ROIIC % of -15.63 mean?
Taiho Transportation (NGO:9040) has a 3-Year ROIIC % of -15.63 as of Mar. 2026. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Taiho Transportation and its competitors. According to the industry distribution chart, Taiho Transportation ranks #718 out of 938 companies in the Transportation industry, placing it in the top 76.5%.
Is Taiho Transportation's 3-Year ROIIC % too high?
Taiho Transportation's current 3-Year ROIIC % is -15.63. Based on the distribution chart, Taiho Transportation ranks #718 out of 938 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Taiho Transportation has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Taiho Transportation's 3-Year ROIIC % compare to ODFL and XPO?
According to the Transportation industry distribution chart, Taiho Transportation ranks #718 out of 938 companies for 3-Year ROIIC %. This places Taiho Transportation in the lower half of its industry. The industry median 3-Year ROIIC % is 2.01. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year ROIIC % for a Transportation company?
The median 3-Year ROIIC % among Transportation companies is 2.01, based on 938 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Taiho Transportation and its competitors. For the Transportation industry, the median 3-Year ROIIC % is 2.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiho Transportation's current 3-Year ROIIC % is -15.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiho Transportation stock overvalued right now?
Based on GuruFocus' analysis, Taiho Transportation (NGO:9040) is currently considered Fairly Valued. The stock's GF Value™ is 円3,934.26, compared to a current price of 円4,185.00 — trading 6.4% above its estimated fair value. The current 3-Year ROIIC % is -15.63. Taiho Transportation's overall GF Score™ is 64/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For Taiho Transportation (NGO:9040), the current 3-Year ROIIC % is -15.63 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Taiho Transportation (NGO:9040) Overvalued in 2026?

Based on GuruFocus' analysis, Taiho Transportation stock appears to be overvalued. The current stock price of 円4,185.00 is trading 6.4% above its estimated GF Value™ of 円3,934.26. GuruFocus considers Taiho Transportation to be Fairly Valued.

Key valuation signals for NGO:9040:

  • 3-Year ROIIC %: -15.63
  • GF Value™: 円3,934.26 vs. price of 円4,185.00 (6.4% above fair value)
  • GF Score™: 64/100 with 4 warning signs

No single metric tells the full story. See the NGO:9040 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Taiho Transportation Business Description

Address 5 - 3, 17 Kanayama Naka-ku, Nagoya, JPN, 460-0022
Taiho Transportation is a Japanese company engaged in the general cargo transportation business. It provides general freight handling, automobile maintenance, buying and selling of new and used vehicles, used vehicle parts insurance agency and various vehicle leasing services. The company is also engaged in the general worker and specified worker dispatching business.
64GF Score

Get the complete analysis for NGO:9040

3-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円4,185.00
Price
円3,934.26
GF Value