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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.
Shin Nippon Air Technologies Co's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 27.20%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Shin Nippon Air Technologies Co (TSE:1952) 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.
Shin Nippon Air Technologies Co 3-Year ROIIC % Related Terms
Shin Nippon Air Technologies 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.
Shin Nippon Air Technologies Co 3-Year ROIIC % Chart
TSE:1952 vs TT, JCI, CARR: 3-Year ROIIC % Comparison
For the Building Products & Equipment subindustry, Shin Nippon Air Technologies 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.
Shin Nippon Air Technologies Co 3-Year ROIIC % vs Construction Industry
For the Construction industry and Industrials sector, Shin Nippon Air Technologies Co's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Shin Nippon Air Technologies 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.
Shin Nippon Air Technologies Co (TSE:1952) has a 3-Year ROIIC % of 27.20 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 Shin Nippon Air Technologies Co and its competitors. This is 344% above median its historical median of 6.13. According to the industry distribution chart, Shin Nippon Air Technologies Co ranks #341 out of 1686 companies in the Construction industry, placing it in the top 20.2%.
Is Shin Nippon Air Technologies Co's 3-Year ROIIC % too high?
Shin Nippon Air Technologies Co's current 3-Year ROIIC % of 27.20 is 344% above median its 10-year median of 6.13. The Construction industry median 3-Year ROIIC % is 4.63. Shin Nippon Air Technologies Co's value of 27.20 is 487.5% above this industry median. Based on the distribution chart, Shin Nippon Air Technologies Co ranks #341 out of 1686 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Shin Nippon Air Technologies Co has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shin Nippon Air Technologies Co's 3-Year ROIIC % compare to TT and JCI?
According to the Construction industry distribution chart, Shin Nippon Air Technologies Co ranks #341 out of 1686 companies for 3-Year ROIIC %. This places Shin Nippon Air Technologies Co in the top 20% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 4.63. Shin Nippon Air Technologies Co's value of 27.20 is 487.5% above this benchmark. While the company's 10-year median is 6.13 vs. the industry median of 4.63, Shin Nippon Air Technologies Co 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 Construction company?
The median 3-Year ROIIC % among Construction companies is 4.63, based on 1,686 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. Shin Nippon Air Technologies Co's current 3-Year ROIIC % of 27.20 is 487.5% 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 Shin Nippon Air Technologies Co and its competitors. For the Construction industry, the median 3-Year ROIIC % is 4.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shin Nippon Air Technologies Co's current 3-Year ROIIC % is 27.20, which is 344% above median its own 10-year median of 6.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shin Nippon Air Technologies Co stock overvalued right now?
Based on GuruFocus' analysis, Shin Nippon Air Technologies Co (TSE:1952) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,361.40, compared to a current price of 円3,270.00 — trading 38.5% above its estimated fair value. The current 3-Year ROIIC % is 27.20, which is 344% above median its 10-year median of 6.13 and 487.5% above the Construction industry median of 4.63. Shin Nippon Air Technologies Co's overall GF Score™ is 84/100. 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 Shin Nippon Air Technologies Co (TSE:1952), the current 3-Year ROIIC % is 27.20 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 Shin Nippon Air Technologies Co (TSE:1952) Overvalued in 2026?
Based on GuruFocus' analysis, Shin Nippon Air Technologies Co stock appears to be overvalued.
The current stock price of 円3,270.00 is trading 38.5% above its estimated GF Value™ of 円2,361.40.
GuruFocus considers Shin Nippon Air Technologies Co to be Significantly Overvalued.
Key valuation signals for TSE:1952:
3-Year ROIIC %: 27.20 (344% above median its 10-year median of 6.13)
GF Value™: 円2,361.40 vs. price of 円3,270.00 (38.5% above fair value)
Industry Position: 487.5% above the Construction median (#341 of 1686)
No single metric tells the full story. See the TSE:1952 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shin Nippon Air Technologies Co Ltd engages in the design, installation, management, and contract work for air conditioning systems, ventilation, environmental protection, temperature and humidity adjustment, dust removal, disinfection, water supply and drainage, sanitation equipment, and electrical equipment.
84GF Score
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