Mie Kotsu Group Holdings (TSE:3232) 3-Year ROIIC % : 8.44% (As of Mar. 2026) — 30% Below Median

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TSE:3232 Mie Kotsu Group Holdings Inc TSE:3232
79 GF Score
Price 円536.00
GF Value 円592.07
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Mie Kotsu Group Holdings 3-Year ROIIC %?

Mie Kotsu Group Holdings TSE:3232 -1.11% 79 3-Year ROIIC % is 8.44 as of Mar. 2026, which is 30% below its 10-year median of 12.08. GuruFocus rates TSE:3232 with a GF Score™ of 79/100 and a GF Value™ of 円592.07 (Fairly Valued). The stock has 2 warning signs investors should review. Among 532 Conglomerates companies, Mie Kotsu Group Holdings ranks better than 66.92% 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. Mie Kotsu Group Holdings's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 8.44%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Mie Kotsu Group Holdings's 3-Year ROIIC % or its related term are showing as below:

TSE:3232's 3-Year ROIIC % is ranked better than
66.92% of 532 companies
in the Conglomerates industry
Industry Median: 1.595 vs TSE:3232: 8.44

Mie Kotsu Group Holdings  (TSE:3232) 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.


Mie Kotsu Group Holdings 3-Year ROIIC % Related Terms


Mie Kotsu Group Holdings 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Mie Kotsu Group Holdings'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.

Mie Kotsu Group Holdings 3-Year ROIIC % Chart

Mie Kotsu Group Holdings 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 59.43 -1.91 26.38 18.72 8.44

Mie Kotsu Group Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 18.72 0.00 0.00 0.00 8.44

TSE:3232 vs HON, MMM: 3-Year ROIIC % Comparison

For the Conglomerates subindustry, Mie Kotsu Group Holdings'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.


Mie Kotsu Group Holdings 3-Year ROIIC % vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Mie Kotsu Group Holdings's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Mie Kotsu Group Holdings's 3-Year ROIIC % falls into.


TSE:3232
79GF Score
Mie Kotsu Group Holdings Inc TSE:3232
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mie Kotsu Group Holdings 3-Year ROIIC % Calculation

Mie Kotsu Group Holdings'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**
=( 6916.163091 (Mar. 2026) - 4326.3113883 (Mar. 2023) )/( 195585.799 (Mar. 2026) - 164898.339 (Mar. 2023) )
=2589.8517027/30687.46
=8.44%***

* 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 8.44 mean?
Mie Kotsu Group Holdings (TSE:3232) has a 3-Year ROIIC % of 8.44 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 Mie Kotsu Group Holdings and its competitors. This is 30% below median its historical median of 12.08. According to the industry distribution chart, Mie Kotsu Group Holdings ranks #176 out of 532 companies in the Conglomerates industry, placing it in the top 33.1%.
Is Mie Kotsu Group Holdings' 3-Year ROIIC % too high?
Mie Kotsu Group Holdings' current 3-Year ROIIC % of 8.44 is 30% below median its 10-year median of 12.08. The Conglomerates industry median 3-Year ROIIC % is 1.60. Mie Kotsu Group Holdings' value of 8.44 is 429.2% above this industry median. Based on the distribution chart, Mie Kotsu Group Holdings ranks #176 out of 532 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Mie Kotsu Group Holdings has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mie Kotsu Group Holdings' 3-Year ROIIC % compare to HON and MMM?
According to the Conglomerates industry distribution chart, Mie Kotsu Group Holdings ranks #176 out of 532 companies for 3-Year ROIIC %. This puts Mie Kotsu Group Holdings in the upper half of its industry. The industry median 3-Year ROIIC % is 1.60. Mie Kotsu Group Holdings' value of 8.44 is 429.2% above this benchmark. While the company's 10-year median is 12.08 vs. the industry median of 1.60, Mie Kotsu Group Holdings 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 a Conglomerates company?
The median 3-Year ROIIC % among Conglomerates companies is 1.60, based on 532 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. Mie Kotsu Group Holdings's current 3-Year ROIIC % of 8.44 is 429.2% 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 Mie Kotsu Group Holdings and its competitors. For the Conglomerates industry, the median 3-Year ROIIC % is 1.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mie Kotsu Group Holdings's current 3-Year ROIIC % is 8.44, which is 30% below median its own 10-year median of 12.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mie Kotsu Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Mie Kotsu Group Holdings (TSE:3232) is currently considered Fairly Valued. The stock's GF Value™ is 円592.07, compared to a current price of 円536.00 — trading 9.5% below its estimated fair value. The current 3-Year ROIIC % is 8.44, which is 30% below median its 10-year median of 12.08 and 429.2% above the Conglomerates industry median of 1.60. Mie Kotsu Group Holdings' overall GF Score™ is 79/100 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 Mie Kotsu Group Holdings (TSE:3232), the current 3-Year ROIIC % is 8.44 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 Mie Kotsu Group Holdings (TSE:3232) Overvalued in 2026?

Based on GuruFocus' analysis, Mie Kotsu Group Holdings stock appears to be undervalued. The current stock price of 円536.00 is trading 9.5% below its estimated GF Value™ of 円592.07. GuruFocus considers Mie Kotsu Group Holdings to be Fairly Valued.

Key valuation signals for TSE:3232:

  • 3-Year ROIIC %: 8.44 (30% below median its 10-year median of 12.08)
  • GF Value™: 円592.07 vs. price of 円536.00 (9.5% below fair value)
  • GF Score™: 79/100 with 2 warning signs
  • Industry Position: 429.2% above the Conglomerates median (#176 of 532)

No single metric tells the full story. See the TSE:3232 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mie Kotsu Group Holdings Business Description

Address No. 1, No. 1 Tsu City, Mie, JPN
Mie Kotsu Group Holdings Inc is a Japan-based company mainly engaged in the provision of transportation services. The company operates through four businesses namely real estate, transportation, distribution and leisure services. Its real estate business is involved in the trading and leasing of real estates. The transportation business offers bus, taxi, railway transportation, and automobile maintenance services. Its distribution business consists of delivering goods and services. The leisure services market operates hotels and golf courses as well as tourism consulting services.
79GF Score

Get the complete analysis for TSE:3232

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

円536.00
Price
円592.07
GF Value