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IACE TravelTSE:343A -2.17%21 3-Year ROIIC % is 51.97 as of Mar. 2026, which is at its 10-year median of 51.97. GuruFocus rates TSE:343A with a GF Score™ of 21/100. Among 793 Travel & Leisure companies, IACE Travel ranks better than 83.73% 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.
IACE Travel's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 51.97%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for IACE Travel's 3-Year ROIIC % or its related term are showing as below:
TSE:343A's 3-Year ROIIC % is ranked better than 83.73% of 793
companies
in the Travel & Leisure industry
Industry Median: 3.82
vs TSE:343A: 51.97
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.
IACE Travel 3-Year ROIIC % Related Terms
IACE Travel 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for IACE Travel'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:343A vs BKNG, ABNB, RCL: 3-Year ROIIC % Comparison
For the Travel Services subindustry, IACE Travel'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.
IACE Travel 3-Year ROIIC % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, IACE Travel's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where IACE Travel's 3-Year ROIIC % falls into.
IACE Travel'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**
=
( 529.022195 (Mar. 2026) - 123.224 (Mar. 2023) )
/
( 3309.314 (Mar. 2026) - 2528.527 (Mar. 2023) )
=
405.798195
/
780.787
=
51.97%***
* 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.
IACE Travel (TSE:343A) has a 3-Year ROIIC % of 51.97 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 IACE Travel and its competitors. This is near median its historical median of 51.97. Over the past decade, IACE Travel's 3-Year ROIIC % has ranged from 51.97 to 51.97. According to the industry distribution chart, IACE Travel ranks #129 out of 793 companies in the Travel & Leisure industry, placing it in the top 16.3%.
Is IACE Travel's 3-Year ROIIC % too high?
IACE Travel's current 3-Year ROIIC % of 51.97 is near median its 10-year median of 51.97. Over the past 10 years, this metric has ranged from a low of 51.97 to a high of 51.97. The Travel & Leisure industry median 3-Year ROIIC % is 3.82. IACE Travel's value of 51.97 is 1260.5% above this industry median. Based on the distribution chart, IACE Travel ranks #129 out of 793 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, IACE Travel has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does IACE Travel's 3-Year ROIIC % compare to BKNG and ABNB?
According to the Travel & Leisure industry distribution chart, IACE Travel ranks #129 out of 793 companies for 3-Year ROIIC %. This places IACE Travel in the top 16% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 3.82. IACE Travel's value of 51.97 is 1260.5% above this benchmark. Historically, IACE Travel's own 3-Year ROIIC % has ranged from 51.97 to 51.97 over the past decade. While the company's 10-year median is 51.97 vs. the industry median of 3.82, IACE Travel 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 Travel & Leisure company?
The median 3-Year ROIIC % among Travel & Leisure companies is 3.82, based on 793 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. IACE Travel's current 3-Year ROIIC % of 51.97 is 1260.5% 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 IACE Travel and its competitors. For the Travel & Leisure industry, the median 3-Year ROIIC % is 3.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IACE Travel's current 3-Year ROIIC % is 51.97, which is near median its own 10-year median of 51.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IACE Travel stock overvalued right now?
IACE Travel (TSE:343A) has a current 3-Year ROIIC % of 51.97. The current 3-Year ROIIC % is 51.97, which is near median its 10-year median of 51.97 and 1260.5% above the Travel & Leisure industry median of 3.82. IACE Travel's overall GF Score™ is 21/100. 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 IACE Travel (TSE:343A), the current 3-Year ROIIC % is 51.97 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.
IACE Travel Corp is engaged in travel business that operates the cloud-based booking system Smart BTM and provides business travel management services.
21GF Score
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