Kyowanissei Co (TSE:1981) 3-Year ROIIC % : 6.99% (As of Mar. 2026)


TSE:1981 Kyowanissei Co Ltd TSE:1981
54 GF Score
Price 円1,314.00
GF Value 円1,658.65
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Kyowanissei Co 3-Year ROIIC %?

Kyowanissei Co TSE:1981 -0.53% 54 3-Year ROIIC % is 6.99 as of Mar. 2026. GuruFocus rates TSE:1981 with a GF Score™ of 54/100 and a GF Value™ of 円1,658.65 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,682 Construction companies, Kyowanissei Co ranks better than 55.17% 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. Kyowanissei Co's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 6.99%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

TSE:1981's 3-Year ROIIC % is ranked better than
55.17% of 1682 companies
in the Construction industry
Industry Median: 4.63 vs TSE:1981: 6.99

Kyowanissei Co  (TSE:1981) 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.


Kyowanissei Co 3-Year ROIIC % Related Terms


Kyowanissei Co 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Kyowanissei 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.

Kyowanissei Co 3-Year ROIIC % Chart

Kyowanissei Co 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 156.84 0.03 -4.41 2.95 6.99

Kyowanissei Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 -4.41 0.00 2.95 0.00 6.99

TSE:1981 vs TT, JCI, CARR: 3-Year ROIIC % Comparison

For the Building Products & Equipment subindustry, Kyowanissei 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.


Kyowanissei Co 3-Year ROIIC % vs Construction Industry

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

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


TSE:1981
54GF Score
Kyowanissei Co Ltd TSE:1981
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kyowanissei Co 3-Year ROIIC % Calculation

Kyowanissei 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**
=( 1008.1309077 (Mar. 2026) - 800.890083 (Mar. 2023) )/( 16153.989 (Mar. 2026) - 13187.087 (Mar. 2023) )
=207.2408247/2966.902
=6.99%***

* 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 6.99 mean?
Kyowanissei Co (TSE:1981) has a 3-Year ROIIC % of 6.99 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 Kyowanissei Co and its competitors. According to the industry distribution chart, Kyowanissei Co ranks #754 out of 1682 companies in the Construction industry, placing it in the top 44.8%.
Is Kyowanissei Co's 3-Year ROIIC % too high?
Kyowanissei Co's current 3-Year ROIIC % is 6.99. The Construction industry median 3-Year ROIIC % is 4.63. Kyowanissei Co's value of 6.99 is 51% above this industry median. Based on the distribution chart, Kyowanissei Co ranks #754 out of 1682 companies in the Construction industry, which is above the industry midpoint. Overall, Kyowanissei Co has a GF Score™ of 54/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kyowanissei Co's 3-Year ROIIC % compare to TT and JCI?
According to the Construction industry distribution chart, Kyowanissei Co ranks #754 out of 1682 companies for 3-Year ROIIC %. This puts Kyowanissei Co in the upper half of its industry. The industry median 3-Year ROIIC % is 4.63. Kyowanissei Co's value of 6.99 is 51% above 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 4.63, based on 1,682 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. Kyowanissei Co's current 3-Year ROIIC % of 6.99 is 51% 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 Kyowanissei 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. Kyowanissei Co's current 3-Year ROIIC % is 6.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kyowanissei Co stock overvalued right now?
Based on GuruFocus' analysis, Kyowanissei Co (TSE:1981) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,658.65, compared to a current price of 円1,314.00 — trading 20.8% below its estimated fair value. The current 3-Year ROIIC % is 6.99 and 51% above the Construction industry median of 4.63. Kyowanissei Co's overall GF Score™ is 54/100 with 2 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 Kyowanissei Co (TSE:1981), the current 3-Year ROIIC % is 6.99 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 Kyowanissei Co (TSE:1981) Overvalued in 2026?

Based on GuruFocus' analysis, Kyowanissei Co stock appears to be undervalued. The current stock price of 円1,314.00 is trading 20.8% below its estimated GF Value™ of 円1,658.65. GuruFocus considers Kyowanissei Co to be Modestly Undervalued.

Key valuation signals for TSE:1981:

  • 3-Year ROIIC %: 6.99
  • GF Value™: 円1,658.65 vs. price of 円1,314.00 (20.8% below fair value)
  • GF Score™: 54/100 with 2 warning signs
  • Industry Position: 51% above the Construction median (#754 of 1682)

No single metric tells the full story. See the TSE:1981 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kyowanissei Co Business Description

Address 3-8-5, Irifune Chuo-Ku, Tokyo, JPN, 104-0042
Kyowanissei Co Ltd is engaged in the construction business in Japan. It constructs gas facilities & apartment buildings & plant facilities It also provides maintenance, repair & installation services for sanitary equipment & air conditioning equipment. Its gasworks includes interior and underground piping work; construction and facility work include construction work, water supply, and drainage work, the air-conditioning system work and interior finishing work; electrical facility and civil engineering work include underground burial of electric cables work, engineering work, as well as water and sewerage work. Its segments include: Construction facilities business; Gas equipment business; Gas pipeline business; and Electrical installation/civil engineering business.
54GF Score

Get the complete analysis for TSE:1981

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

円1,314.00
Price
円1,658.65
GF Value