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Forside CoTSE:2330 54 3-Year ROIIC % is -557.06 as of Dec. 2025. GuruFocus rates TSE:2330 with a GF Score™ of 54/100 and a GF Value™ of 円266.06 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 792 Travel & Leisure companies, Forside Co ranks worse than 98.86% 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.
Forside Co's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was -557.06%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Forside Co's 3-Year ROIIC % or its related term are showing as below:
TSE:2330's 3-Year ROIIC % is ranked worse than 98.86% of 792
companies
in the Travel & Leisure industry
Industry Median: 3.995
vs TSE:2330: -557.06
Forside Co (TSE:2330) 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.
Forside Co 3-Year ROIIC % Related Terms
Forside Co 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Forside 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:2330 vs AS, HAS, LTH: 3-Year ROIIC % Comparison
For the Leisure subindustry, Forside 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.
Forside Co 3-Year ROIIC % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Forside Co's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Forside Co's 3-Year ROIIC % falls into.
Forside Co's 3-Year ROIIC % for the quarter that ended in Dec. 2025 is calculated as:
3-Year ROIIC %
=
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( 415.5250605 (Dec. 2025) - -75.359 (Dec. 2022) )
/
( 1858.907 (Dec. 2025) - 1947.027 (Dec. 2022) )
=
490.8840605
/
-88.12
=
-557.06%***
* 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.
Forside Co (TSE:2330) has a 3-Year ROIIC % of -557.06 as of Dec. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Forside Co and its competitors. According to the industry distribution chart, Forside Co ranks #783 out of 792 companies in the Travel & Leisure industry, placing it in the top 98.9%.
Is Forside Co's 3-Year ROIIC % too high?
Forside Co's current 3-Year ROIIC % is -557.06. Based on the distribution chart, Forside Co ranks #783 out of 792 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Forside Co has a GF Score™ of 54/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Forside Co's 3-Year ROIIC % compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Forside Co ranks #783 out of 792 companies for 3-Year ROIIC %. This places Forside Co in the lower half of its industry. The industry median 3-Year ROIIC % is 4.00. 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 Travel & Leisure company?
The median 3-Year ROIIC % among Travel & Leisure companies is 4.00, based on 792 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. 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 Forside Co and its competitors. For the Travel & Leisure industry, the median 3-Year ROIIC % is 4.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forside Co's current 3-Year ROIIC % is -557.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forside Co stock overvalued right now?
Based on GuruFocus' analysis, Forside Co (TSE:2330) is currently considered Significantly Undervalued. The stock's GF Value™ is 円266.06, compared to a current price of 円73.00 — trading 72.6% below its estimated fair value. The current 3-Year ROIIC % is -557.06. Forside Co's overall GF Score™ is 54/100 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 Forside Co (TSE:2330), the current 3-Year ROIIC % is -557.06 as of Dec. 2025. 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 Forside Co (TSE:2330) Overvalued in 2026?
Based on GuruFocus' analysis, Forside Co stock appears to be undervalued.
The current stock price of 円73.00 is trading 72.6% below its estimated GF Value™ of 円266.06.
GuruFocus considers Forside Co to be Significantly Undervalued.
Key valuation signals for TSE:2330:
3-Year ROIIC %: -557.06
GF Value™: 円266.06 vs. price of 円73.00 (72.6% below fair value)
No single metric tells the full story. See the TSE:2330 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Forside Co Ltd is a Japan-based company engaged in the content business. The company provides guidance in the areas concerning investment banking, merger and acquisition, financing and other related financial services. Its reportable segments are Prize Business, Real Estate-Related Business, Content Business, Event Business, Master Rights Business, AI-Related Business, and Logistics-Related Business.
54GF Score
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