Banners Co (TSE:3011) 3-Year ROIIC % : 12.24% (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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TSE:3011 Banners Co Ltd TSE:3011
72 GF Score
Price 円146.00
GF Value 円164.07
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Banners Co 3-Year ROIIC %?

Banners Co TSE:3011 +1.39% 72 3-Year ROIIC % is 12.24 as of Mar. 2026. GuruFocus rates TSE:3011 with a GF Score™ of 72/100 and a GF Value™ of 円164.07 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,252 Vehicles & Parts companies, Banners Co ranks better than 63.66% 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. Banners Co's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 12.24%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

TSE:3011's 3-Year ROIIC % is ranked better than
63.66% of 1252 companies
in the Vehicles & Parts industry
Industry Median: 4.235 vs TSE:3011: 12.24

Banners Co  (TSE:3011) 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.


Banners Co 3-Year ROIIC % Related Terms


Banners Co 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Banners 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.

Banners Co 3-Year ROIIC % Chart

Banners 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 3.86 52.92 -61.63 -31.53 12.24

Banners 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 -61.63 0.00 -31.53 0.00 12.24

TSE:3011 vs CVNA, PAG, KMX: 3-Year ROIIC % Comparison

For the Auto & Truck Dealerships subindustry, Banners 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.


Banners Co 3-Year ROIIC % vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Banners Co's 3-Year ROIIC % distribution charts can be found below:

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


TSE:3011
72GF Score
Banners Co Ltd TSE:3011
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Banners Co 3-Year ROIIC % Calculation

Banners 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**
=( 224.8406946 (Mar. 2026) - 175.717432 (Mar. 2023) )/( 8135.133 (Mar. 2026) - 7733.658 (Mar. 2023) )
=49.1232626/401.475
=12.24%***

* 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 12.24 mean?
Banners Co (TSE:3011) has a 3-Year ROIIC % of 12.24 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 Banners Co and its competitors. According to the industry distribution chart, Banners Co ranks #455 out of 1252 companies in the Vehicles & Parts industry, placing it in the top 36.3%.
Is Banners Co's 3-Year ROIIC % too high?
Banners Co's current 3-Year ROIIC % is 12.24. The Vehicles & Parts industry median 3-Year ROIIC % is 4.24. Banners Co's value of 12.24 is 189% above this industry median. Based on the distribution chart, Banners Co ranks #455 out of 1252 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Banners Co has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Banners Co's 3-Year ROIIC % compare to CVNA and PAG?
According to the Vehicles & Parts industry distribution chart, Banners Co ranks #455 out of 1252 companies for 3-Year ROIIC %. This puts Banners Co in the upper half of its industry. The industry median 3-Year ROIIC % is 4.24. Banners Co's value of 12.24 is 189% 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 Vehicles & Parts company?
The median 3-Year ROIIC % among Vehicles & Parts companies is 4.24, based on 1,252 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. Banners Co's current 3-Year ROIIC % of 12.24 is 189% 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 Banners Co and its competitors. For the Vehicles & Parts industry, the median 3-Year ROIIC % is 4.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Banners Co's current 3-Year ROIIC % is 12.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Banners Co stock overvalued right now?
Based on GuruFocus' analysis, Banners Co (TSE:3011) is currently considered Modestly Undervalued. The stock's GF Value™ is 円164.07, compared to a current price of 円146.00 — trading 11% below its estimated fair value. The current 3-Year ROIIC % is 12.24 and 189% above the Vehicles & Parts industry median of 4.24. Banners Co's overall GF Score™ is 72/100 with 4 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 Banners Co (TSE:3011), the current 3-Year ROIIC % is 12.24 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 Banners Co (TSE:3011) Overvalued in 2026?

Based on GuruFocus' analysis, Banners Co stock appears to be undervalued. The current stock price of 円146.00 is trading 11% below its estimated GF Value™ of 円164.07. GuruFocus considers Banners Co to be Modestly Undervalued.

Key valuation signals for TSE:3011:

  • 3-Year ROIIC %: 12.24
  • GF Value™: 円164.07 vs. price of 円146.00 (11% below fair value)
  • GF Score™: 72/100 with 4 warning signs
  • Industry Position: 189% above the Vehicles & Parts median (#455 of 1252)

No single metric tells the full story. See the TSE:3011 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Banners Co Business Description

Address 102 Ishihara 1-chome, Kumagaya-shi, Saitama, JPN, 3600816
Banners Co Ltd is a Japan-based company. The company operates its business activities in three divisions including real estate utilization business, automobile sales business and musical instrument sales business. In the real estate utilization business, the company mainly rent tenants. In the automobile sales business, it sells Honda Vehicles and non-life insurance. In the musical instrument sales business, it imports and sells oboe and bathoons as a specialty store of double reed musical instruments. It also provides maintenance and after-sales services.
72GF Score

Get the complete analysis for TSE:3011

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

円146.00
Price
円164.07
GF Value