NichiasNICFF 70 3-Year ROIIC % is 18.67 as of Mar. 2026, which is 23% below its 10-year median of 24.27. GuruFocus rates NICFF with a GF Score™ of 70/100 and a GF Value™ of $11.59 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 531 Conglomerates companies, Nichias ranks better than 79.1% 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.
Nichias's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 18.67%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Nichias's 3-Year ROIIC % or its related term are showing as below:
NICFF's 3-Year ROIIC % is ranked better than 79.1% of 531
companies
in the Conglomerates industry
Industry Median: 1.6
vs NICFF: 18.67
Nichias (OTCPK:NICFF) 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.
Nichias 3-Year ROIIC % Related Terms
Nichias 3-Year ROIIC % Historical Data
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The historical data trend for Nichias'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.
For the Conglomerates subindustry, Nichias'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.
Nichias 3-Year ROIIC % vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Nichias's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Nichias's 3-Year ROIIC % falls into.
* 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.
Nichias (NICFF) has a 3-Year ROIIC % of 18.67 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 Nichias and its competitors. This is 23% below median its historical median of 24.27. According to the industry distribution chart, Nichias ranks #111 out of 531 companies in the Conglomerates industry, placing it in the top 20.9%.
Is Nichias' 3-Year ROIIC % too high?
Nichias' current 3-Year ROIIC % of 18.67 is 23% below median its 10-year median of 24.27. The Conglomerates industry median 3-Year ROIIC % is 1.60. Nichias' value of 18.67 is 1066.9% above this industry median. Based on the distribution chart, Nichias ranks #111 out of 531 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers. Overall, Nichias has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nichias' 3-Year ROIIC % compare to HON and MMM?
According to the Conglomerates industry distribution chart, Nichias ranks #111 out of 531 companies for 3-Year ROIIC %. This places Nichias in the top 21% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 1.60. Nichias' value of 18.67 is 1066.9% above this benchmark. While the company's 10-year median is 24.27 vs. the industry median of 1.60, Nichias has consistently been above the industry average. 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 Conglomerates company?
The median 3-Year ROIIC % among Conglomerates companies is 1.60, based on 531 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. Nichias's current 3-Year ROIIC % of 18.67 is 1066.9% above the industry median. 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 Nichias and its competitors. For the Conglomerates industry, the median 3-Year ROIIC % is 1.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nichias's current 3-Year ROIIC % is 18.67, which is 23% below median its own 10-year median of 24.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nichias stock overvalued right now?
Based on GuruFocus' analysis, Nichias (NICFF) is currently considered Significantly Overvalued. The stock's GF Value™ is $11.59, compared to a current price of $22.13 — trading 90.9% above its estimated fair value. The current 3-Year ROIIC % is 18.67, which is 23% below median its 10-year median of 24.27 and 1066.9% above the Conglomerates industry median of 1.60. Nichias' overall GF Score™ is 70/100 with 6 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 Nichias (NICFF), the current 3-Year ROIIC % is 18.67 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 Nichias (NICFF) Overvalued in 2026?
Based on GuruFocus' analysis, Nichias stock appears to be overvalued.
The current stock price of $22.13 is trading 90.9% above its estimated GF Value™ of $11.59.
GuruFocus considers Nichias to be Significantly Overvalued.
Key valuation signals for NICFF:
3-Year ROIIC %: 18.67 (23% below median its 10-year median of 24.27)
GF Value™: $11.59 vs. price of $22.13 (90.9% above fair value)
Industry Position: 1066.9% above the Conglomerates median (#111 of 531)
No single metric tells the full story. See the NICFF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nichias Corp is engaged in the development, manufacturing, and sale of a wide range of thermal insulation and industrial materials. The company operates through five reportable segments: Construction and Sales for Plants, Industrial Products, High-Performance Products, Automotive Parts, and Construction Materials. Its business activities include providing thermal insulation and disaster prevention works for electric power and petrochemical plants, as well as producing sealing materials, fluoroplastic molding products, and non-combustible building materials for industrial and infrastructure applications. It generates the majority of its revenue from the Construction and Sales for Plants segment.
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