TOTO (TOTDF) 3-Year ROIIC % : 2.60% (As of Mar. 2026)


TOTDF TOTO Ltd TOTDF
68 GF Score
Price $50.41
GF Value $26.72
Valuation Significantly Overvalued
! 7 Warning Signs
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What is TOTO 3-Year ROIIC %?

TOTO TOTDF -8.68% 68 3-Year ROIIC % is 2.60 as of Mar. 2026. GuruFocus rates TOTDF with a GF Score™ of 68/100 and a GF Value™ of $26.72 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,680 Construction companies, TOTO ranks worse than 54.4% 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. TOTO's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 2.60%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

TOTDF's 3-Year ROIIC % is ranked worse than
54.4% of 1680 companies
in the Construction industry
Industry Median: 4.64 vs TOTDF: 2.60

TOTO  (OTCPK:TOTDF) 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.


TOTO 3-Year ROIIC % Related Terms


TOTO 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for TOTO'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.

TOTO 3-Year ROIIC % Chart

TOTO 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 13.24 6.00 1.45 -8.69 2.60

TOTO Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 -8.69 0.00 0.00 0.00 2.60

TOTDF vs TT, JCI, CARR: 3-Year ROIIC % Comparison

For the Building Products & Equipment subindustry, TOTO'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.


TOTO 3-Year ROIIC % vs Construction Industry

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

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


TOTDF
68GF Score
TOTO Ltd TOTDF
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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TOTO 3-Year ROIIC % Calculation

TOTO'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**
=( 220.7510028 (Mar. 2026) - 251.734075 (Mar. 2023) )/( 3676.034 (Mar. 2026) - 3966.834 (Mar. 2023) )
=-30.9830722/-290.8
=10.65%***

* 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 2.60 mean?
TOTO (TOTDF) has a 3-Year ROIIC % of 2.60 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 TOTO and its competitors. According to the industry distribution chart, TOTO ranks #914 out of 1680 companies in the Construction industry, placing it in the top 54.4%.
Is TOTO's 3-Year ROIIC % too high?
TOTO's current 3-Year ROIIC % is 2.60. The Construction industry median 3-Year ROIIC % is 4.64. TOTO's value of 2.60 is 44% below this industry median. Based on the distribution chart, TOTO ranks #914 out of 1680 companies in the Construction industry, which is below the industry midpoint. Overall, TOTO has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TOTO's 3-Year ROIIC % compare to TT and JCI?
According to the Construction industry distribution chart, TOTO ranks #914 out of 1680 companies for 3-Year ROIIC %. This places TOTO in the lower half of its industry. The industry median 3-Year ROIIC % is 4.64. TOTO's value of 2.60 is 44% below this benchmark. 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 Construction company?
The median 3-Year ROIIC % among Construction companies is 4.64, based on 1,680 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. TOTO's current 3-Year ROIIC % of 2.60 is 44% below 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 TOTO and its competitors. For the Construction industry, the median 3-Year ROIIC % is 4.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TOTO's current 3-Year ROIIC % is 2.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TOTO stock overvalued right now?
Based on GuruFocus' analysis, TOTO (TOTDF) is currently considered Significantly Overvalued. The stock's GF Value™ is $26.72, compared to a current price of $50.41 — trading 88.6% above its estimated fair value. The current 3-Year ROIIC % is 2.60 and 44% below the Construction industry median of 4.64. TOTO's overall GF Score™ is 68/100 with 7 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 TOTO (TOTDF), the current 3-Year ROIIC % is 2.60 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 TOTO (TOTDF) Overvalued in 2026?

Based on GuruFocus' analysis, TOTO stock appears to be overvalued. The current stock price of $50.41 is trading 88.6% above its estimated GF Value™ of $26.72. GuruFocus considers TOTO to be Significantly Overvalued.

Key valuation signals for TOTDF:

  • 3-Year ROIIC %: 2.60
  • GF Value™: $26.72 vs. price of $50.41 (88.6% above fair value)
  • GF Score™: 68/100 with 7 warning signs
  • Industry Position: 44% below the Construction median (#914 of 1680)

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


TOTO Business Description

Other Exchanges TOTDY:USA5332:Japan
Address 2-1-1 Nakajima, Kokurakita Ward, Fukuoka Prefecture, Kitakyushu, JPN, 802-8601
TOTO Ltd manufactures and sells bathroom materials for maintenance, improvement, construction, and home improvement projects. The company's product portfolio includes toilets, urinals, sinks, plumbing accessories, bathtubs, unit bathrooms, faucets, drain fittings, marble counters, and electric water heaters, and others.. The firm organizes itself based on geography and operates through six business segments, which include the Japan Housing Equipment Business segment, the Mainland China Business segment, the Asia and Oceania Business segment, the Americas Business segment, the Europe Business segment, and the New field business - Ceramic business.. It generates the majority of its revenue from the Japan Housing Equipment Business segment.
68GF Score

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

$50.41
Price
$26.72
GF Value