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Chugai Ro CoTSE:1964 +2.39%78 3-Year ROIIC % is 15.56 as of Mar. 2026, which is 106% above its 10-year median of 7.56. GuruFocus rates TSE:1964 with a GF Score™ of 78/100 and a GF Value™ of 円4,037.85 (Fairly Valued). The stock has 3 warning signs investors should review. Among 2,933 Industrial Products companies, Chugai Ro Co ranks better than 69.79% 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.
Chugai Ro Co's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 15.56%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Chugai Ro Co's 3-Year ROIIC % or its related term are showing as below:
TSE:1964's 3-Year ROIIC % is ranked better than 69.79% of 2933
companies
in the Industrial Products industry
Industry Median: 3.47
vs TSE:1964: 15.56
Chugai Ro Co (TSE:1964) 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.
Chugai Ro Co 3-Year ROIIC % Related Terms
Chugai Ro Co 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Chugai Ro 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.
TSE:1964 vs GEV, ETN, PH: 3-Year ROIIC % Comparison
For the Specialty Industrial Machinery subindustry, Chugai Ro 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.
Chugai Ro Co 3-Year ROIIC % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Chugai Ro Co's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Chugai Ro Co's 3-Year ROIIC % falls into.
Chugai Ro Co'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**
=
( 2084.9718 (Mar. 2026) - 998.5052 (Mar. 2023) )
/
( 32122 (Mar. 2026) - 25139 (Mar. 2023) )
=
1086.4666
/
6983
=
15.56%***
* 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.
Chugai Ro Co (TSE:1964) has a 3-Year ROIIC % of 15.56 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 Chugai Ro Co and its competitors. This is 106% above median its historical median of 7.56. According to the industry distribution chart, Chugai Ro Co ranks #886 out of 2933 companies in the Industrial Products industry, placing it in the top 30.2%.
Is Chugai Ro Co's 3-Year ROIIC % too high?
Chugai Ro Co's current 3-Year ROIIC % of 15.56 is 106% above median its 10-year median of 7.56. The Industrial Products industry median 3-Year ROIIC % is 3.47. Chugai Ro Co's value of 15.56 is 348.4% above this industry median. Based on the distribution chart, Chugai Ro Co ranks #886 out of 2933 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Chugai Ro Co has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Chugai Ro Co's 3-Year ROIIC % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Chugai Ro Co ranks #886 out of 2933 companies for 3-Year ROIIC %. This puts Chugai Ro Co in the upper half of its industry. The industry median 3-Year ROIIC % is 3.47. Chugai Ro Co's value of 15.56 is 348.4% above this benchmark. While the company's 10-year median is 7.56 vs. the industry median of 3.47, Chugai Ro 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 an Industrial Products company?
The median 3-Year ROIIC % among Industrial Products companies is 3.47, based on 2,933 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. Chugai Ro Co's current 3-Year ROIIC % of 15.56 is 348.4% 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 Chugai Ro Co and its competitors. For the Industrial Products industry, the median 3-Year ROIIC % is 3.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chugai Ro Co's current 3-Year ROIIC % is 15.56, which is 106% above median its own 10-year median of 7.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chugai Ro Co stock overvalued right now?
Based on GuruFocus' analysis, Chugai Ro Co (TSE:1964) is currently considered Fairly Valued. The stock's GF Value™ is 円4,037.85, compared to a current price of 円4,070.00 — trading 0.8% above its estimated fair value. The current 3-Year ROIIC % is 15.56, which is 106% above median its 10-year median of 7.56 and 348.4% above the Industrial Products industry median of 3.47. Chugai Ro Co's overall GF Score™ is 78/100 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 Chugai Ro Co (TSE:1964), the current 3-Year ROIIC % is 15.56 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 Chugai Ro Co (TSE:1964) Overvalued in 2026?
Based on GuruFocus' analysis, Chugai Ro Co stock appears to be overvalued.
The current stock price of 円4,070.00 is trading 0.8% above its estimated GF Value™ of 円4,037.85.
GuruFocus considers Chugai Ro Co to be Fairly Valued.
Key valuation signals for TSE:1964:
3-Year ROIIC %: 15.56 (106% above median its 10-year median of 7.56)
GF Value™: 円4,037.85 vs. price of 円4,070.00 (0.8% above fair value)
Industry Position: 348.4% above the Industrial Products median (#886 of 2933)
No single metric tells the full story. See the TSE:1964 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chugai Ro Co Ltd is engaged in the development of technologies in the thermal technology field. The company operates through three segments namely Energy, Environmental preservation, and Information or communications. It offers various products including heat treatment furnaces for automobile machine parts, steel and nonferrous-metal heating furnaces, gas burner, film coating and drying equipment and environmental equipment and others.
78GF Score
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