Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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.
Nihon House Holdings CoTSE:1873 +0.65%62 3-Year ROIIC % is 20.23 as of Apr. 2026, which is at its 10-year median of 20.23. GuruFocus rates TSE:1873 with a GF Score™ of 62/100 and a GF Value™ of 円259.40 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 87 Homebuilding & Construction companies, Nihon House Holdings Co ranks better than 78.16% 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.
Nihon House Holdings Co's 3-Year ROIIC % for the quarter that ended in Apr. 2026 was 20.23%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Nihon House Holdings Co's 3-Year ROIIC % or its related term are showing as below:
TSE:1873's 3-Year ROIIC % is ranked better than 78.16% of 87
companies
in the Homebuilding & Construction industry
Industry Median: -0.14
vs TSE:1873: 20.23
Nihon House Holdings Co (TSE:1873) 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.
Nihon House Holdings Co 3-Year ROIIC % Related Terms
Nihon House Holdings Co 3-Year ROIIC % Historical Data
* 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.
TSE:1873 vs DHI, PHM, LEN: 3-Year ROIIC % Comparison
For the Residential Construction subindustry, Nihon House Holdings 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.
Nihon House Holdings Co 3-Year ROIIC % vs Homebuilding & Construction Industry
For the Homebuilding & Construction industry and Consumer Cyclical sector, Nihon House Holdings Co's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Nihon House Holdings Co's 3-Year ROIIC % falls into.
Nihon House Holdings Co 3-Year ROIIC % Calculation
Nihon House Holdings Co's 3-Year ROIIC % for the quarter that ended in Apr. 2026 is calculated as:
3-Year ROIIC %
=
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( 1518.1256 (Apr. 2026) - 1628.9896 (Oct. 2022) )
/
( 39830 (Apr. 2026) - 40378 (Oct. 2022) )
=
-110.864
/
-548
=
20.23%***
* 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.
Nihon House Holdings Co (TSE:1873) has a 3-Year ROIIC % of 20.23 as of Apr. 2026. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Nihon House Holdings Co and its competitors. This is near median its historical median of 20.23. According to the industry distribution chart, Nihon House Holdings Co ranks #19 out of 87 companies in the Homebuilding & Construction industry, placing it in the top 21.8%.
Is Nihon House Holdings Co's 3-Year ROIIC % too high?
Nihon House Holdings Co's current 3-Year ROIIC % of 20.23 is near median its 10-year median of 20.23. Based on the distribution chart, Nihon House Holdings Co ranks #19 out of 87 companies in the Homebuilding & Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Nihon House Holdings Co has a GF Score™ of 62/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nihon House Holdings Co's 3-Year ROIIC % compare to DHI and PHM?
According to the Homebuilding & Construction industry distribution chart, Nihon House Holdings Co ranks #19 out of 87 companies for 3-Year ROIIC %. This places Nihon House Holdings Co in the top 22% of its industry — outperforming the majority of peers. 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 Homebuilding & Construction company?
A good 3-Year ROIIC % depends on the Homebuilding & Construction 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 Nihon House Holdings Co and its competitors. Nihon House Holdings Co's current 3-Year ROIIC % is 20.23, which is near median its own 10-year median of 20.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nihon House Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Nihon House Holdings Co (TSE:1873) is currently considered Modestly Overvalued. The stock's GF Value™ is 円259.40, compared to a current price of 円309.00 — trading 19.1% above its estimated fair value. The current 3-Year ROIIC % is 20.23, which is near median its 10-year median of 20.23. Nihon House Holdings Co's overall GF Score™ is 62/100 with 3 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 Nihon House Holdings Co (TSE:1873), the current 3-Year ROIIC % is 20.23 as of Apr. 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 Nihon House Holdings Co (TSE:1873) Overvalued in 2026?
Based on GuruFocus' analysis, Nihon House Holdings Co stock appears to be overvalued.
The current stock price of 円309.00 is trading 19.1% above its estimated GF Value™ of 円259.40.
GuruFocus considers Nihon House Holdings Co to be Modestly Overvalued.
Key valuation signals for TSE:1873:
3-Year ROIIC %: 20.23 (near median its 10-year median of 20.23)
GF Value™: 円259.40 vs. price of 円309.00 (19.1% above fair value)
No single metric tells the full story. See the TSE:1873 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nihon House Holdings Co Ltd is engaged in businesses related to the residential lifestyle and service industries, such as the housing business, which focuses on contract construction of housing and the development and sale of residential land, and the hotel business, which operates hotel and leisure facilities.
62GF Score
Get the complete analysis for TSE:1873
3-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:1873 has been successfully added to your 
