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MBK CoTSE:3121 +0.46%60 3-Year ROIIC % is 2.09 as of Oct. 2025, which is 40% above its 10-year median of 1.49. GuruFocus rates TSE:3121 with a GF Score™ of 60/100 and a GF Value™ of 円219.29 (Fairly Valued). The stock has 9 warning signs investors should review. Among 658 Asset Management companies, MBK Co ranks better than 50.15% 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.
MBK Co's 3-Year ROIIC % for the quarter that ended in Oct. 2025 was 2.09%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for MBK Co's 3-Year ROIIC % or its related term are showing as below:
TSE:3121's 3-Year ROIIC % is ranked better than 50.15% of 658
companies
in the Asset Management industry
Industry Median: 1.915
vs TSE:3121: 2.09
MBK Co (TSE:3121) 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.
MBK Co 3-Year ROIIC % Related Terms
MBK Co 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for MBK 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:3121 vs BLK, BX, KKR: 3-Year ROIIC % Comparison
For the Asset Management subindustry, MBK 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.
MBK Co 3-Year ROIIC % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, MBK Co's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where MBK Co's 3-Year ROIIC % falls into.
MBK Co's 3-Year ROIIC % for the quarter that ended in Oct. 2025 is calculated as:
3-Year ROIIC %
=
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( 285.23 (Oct. 2025) - 215.435864 (Mar. 2022) )
/
( 13729.658 (Oct. 2025) - 10389.264 (Mar. 2022) )
=
69.794136
/
3340.394
=
2.09%***
* 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.
MBK Co (TSE:3121) has a 3-Year ROIIC % of 2.09 as of Oct. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on MBK Co and its competitors. This is 40% above median its historical median of 1.49. According to the industry distribution chart, MBK Co ranks #328 out of 658 companies in the Asset Management industry, placing it in the top 49.8%.
Is MBK Co's 3-Year ROIIC % too high?
MBK Co's current 3-Year ROIIC % of 2.09 is 40% above median its 10-year median of 1.49. The Asset Management industry median 3-Year ROIIC % is 1.92. MBK Co's value of 2.09 is 9.1% above this industry median. Based on the distribution chart, MBK Co ranks #328 out of 658 companies in the Asset Management industry, which is above the industry midpoint. Overall, MBK Co has a GF Score™ of 60/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does MBK Co's 3-Year ROIIC % compare to BLK and BX?
According to the Asset Management industry distribution chart, MBK Co ranks #328 out of 658 companies for 3-Year ROIIC %. This puts MBK Co in the upper half of its industry. The industry median 3-Year ROIIC % is 1.92. MBK Co's value of 2.09 is 9.1% above this benchmark. While the company's 10-year median is 1.49 vs. the industry median of 1.92, MBK 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 Asset Management company?
The median 3-Year ROIIC % among Asset Management companies is 1.92, based on 658 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. MBK Co's current 3-Year ROIIC % of 2.09 is 9.1% 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 MBK Co and its competitors. For the Asset Management industry, the median 3-Year ROIIC % is 1.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MBK Co's current 3-Year ROIIC % is 2.09, which is 40% above median its own 10-year median of 1.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MBK Co stock overvalued right now?
Based on GuruFocus' analysis, MBK Co (TSE:3121) is currently considered Fairly Valued. The stock's GF Value™ is 円219.29, compared to a current price of 円218.00 — trading 0.6% below its estimated fair value. The current 3-Year ROIIC % is 2.09, which is 40% above median its 10-year median of 1.49 and 9.1% above the Asset Management industry median of 1.92. MBK Co's overall GF Score™ is 60/100 with 9 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 MBK Co (TSE:3121), the current 3-Year ROIIC % is 2.09 as of Oct. 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 MBK Co (TSE:3121) Overvalued in 2026?
Based on GuruFocus' analysis, MBK Co stock appears to be undervalued.
The current stock price of 円218.00 is trading 0.6% below its estimated GF Value™ of 円219.29.
GuruFocus considers MBK Co to be Fairly Valued.
Key valuation signals for TSE:3121:
3-Year ROIIC %: 2.09 (40% above median its 10-year median of 1.49)
GF Value™: 円219.29 vs. price of 円218.00 (0.6% below fair value)
Industry Position: 9.1% above the Asset Management median (#328 of 658)
No single metric tells the full story. See the TSE:3121 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MBK Co Ltd provides investment advice to business and domestic companies to invest in real estate, fund management and advisory services, and operates hotels and sports facilities. The company's division includes the Merchant Banking Business and Operation Business. The company generates the majority of its revenue from the Merchant Banking Business.
60GF Score
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