Tokai Carbon CoTKCBF 63 3-Year ROIIC % is -8.69 as of Dec. 2025. GuruFocus rates TKCBF with a GF Score™ of 63/100 and a GF Value™ of $6.24 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,521 Chemicals companies, Tokai Carbon Co ranks worse than 65.68% 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.
Tokai Carbon Co's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was -8.69%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Tokai Carbon Co's 3-Year ROIIC % or its related term are showing as below:
TKCBF's 3-Year ROIIC % is ranked worse than 65.68% of 1521
companies
in the Chemicals industry
Industry Median: -0.04
vs TKCBF: -8.69
Tokai Carbon Co (OTCPK:TKCBF) 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.
Tokai Carbon Co 3-Year ROIIC % Related Terms
Tokai Carbon Co 3-Year ROIIC % Historical Data
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The historical data trend for Tokai Carbon Co'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 Specialty Chemicals subindustry, Tokai Carbon Co'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.
Tokai Carbon Co 3-Year ROIIC % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Tokai Carbon Co's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Tokai Carbon Co'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.
Tokai Carbon Co (TKCBF) has a 3-Year ROIIC % of -8.69 as of Dec. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Tokai Carbon Co and its competitors. According to the industry distribution chart, Tokai Carbon Co ranks #999 out of 1521 companies in the Chemicals industry, placing it in the top 65.7%.
Is Tokai Carbon Co's 3-Year ROIIC % too high?
Tokai Carbon Co's current 3-Year ROIIC % is -8.69. Based on the distribution chart, Tokai Carbon Co ranks #999 out of 1521 companies in the Chemicals industry, which is below the industry midpoint. Overall, Tokai Carbon Co has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tokai Carbon Co's 3-Year ROIIC % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Tokai Carbon Co ranks #999 out of 1521 companies for 3-Year ROIIC %. This places Tokai Carbon Co in the lower half of its industry. 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 Chemicals company?
A good 3-Year ROIIC % depends on the Chemicals industry context. 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 Tokai Carbon Co and its competitors. Tokai Carbon Co's current 3-Year ROIIC % is -8.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokai Carbon Co stock overvalued right now?
Based on GuruFocus' analysis, Tokai Carbon Co (TKCBF) is currently considered Significantly Overvalued. The stock's GF Value™ is $6.24, compared to a current price of $11.08 — trading 77.6% above its estimated fair value. The current 3-Year ROIIC % is -8.69. Tokai Carbon Co's overall GF Score™ is 63/100 with 9 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 Tokai Carbon Co (TKCBF), the current 3-Year ROIIC % is -8.69 as of Dec. 2025. 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 Tokai Carbon Co (TKCBF) Overvalued in 2026?
Based on GuruFocus' analysis, Tokai Carbon Co stock appears to be overvalued.
The current stock price of $11.08 is trading 77.6% above its estimated GF Value™ of $6.24.
GuruFocus considers Tokai Carbon Co to be Significantly Overvalued.
Key valuation signals for TKCBF:
3-Year ROIIC %: -8.69
GF Value™: $6.24 vs. price of $11.08 (77.6% above fair value)
No single metric tells the full story. See the TKCBF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tokai Carbon Co Ltd is a Japan-based manufacturer of carbon products which include, Carbon black, graphite electrodes, fine carbon friction material and manufactures industrial furnaces, and related products. It operates through three reportable segments, Carbon Black business, Carbon and Ceramics business, and Industrial Furnaces and Related Products business. Carbon black is mainly used as a reinforcing agent of industrial rubber products, typically auto tires. Carbon and Ceramics business segment produces artificial graphite electrodes for electric arc furnaces, fine carbon, carbon brush, impervious graphite, pencil lead-cores. Industrial Furnaces and Related Products segment include Industrial electric furnaces, gas furnaces, silicon carbide heating elements refractory, amongst others.
63GF Score
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