Innovation Holdings Co (TSE:3484) 3-Year ROIIC % : 11.42% (As of Mar. 2026) — Near Median

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TSE:3484 Innovation Holdings Co Ltd TSE:3484
89 GF Score
Price 円1,103.00
GF Value 円1,376.22
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Innovation Holdings Co 3-Year ROIIC %?

Innovation Holdings Co TSE:3484 +0.64% 89 3-Year ROIIC % is 11.42 as of Mar. 2026, which is 4% below its 10-year median of 11.94. GuruFocus rates TSE:3484 with a GF Score™ of 89/100 and a GF Value™ of 円1,376.22 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,663 Real Estate companies, Innovation Holdings Co ranks better than 75.77% 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. Innovation Holdings Co's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 11.42%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

TSE:3484's 3-Year ROIIC % is ranked better than
75.77% of 1663 companies
in the Real Estate industry
Industry Median: 2.39 vs TSE:3484: 11.42

Innovation Holdings Co  (TSE:3484) 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.


Innovation Holdings Co 3-Year ROIIC % Related Terms


Innovation Holdings Co 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Innovation Holdings 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.

Innovation Holdings Co 3-Year ROIIC % Chart

Innovation Holdings 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 4.12 13.68 5.29 12.48 11.42

Innovation Holdings Co Semi-Annual Data
Mar16 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 5.29 0.00 12.48 0.00 11.42

TSE:3484 vs CBRE, BEKE, JLL: 3-Year ROIIC % Comparison

For the Real Estate Services subindustry, Innovation Holdings 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.


Innovation Holdings Co 3-Year ROIIC % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Innovation Holdings Co's 3-Year ROIIC % distribution charts can be found below:

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


TSE:3484
89GF Score
Innovation Holdings Co Ltd TSE:3484
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Innovation Holdings Co 3-Year ROIIC % Calculation

Innovation Holdings 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**
=( 1237.2458703 (Mar. 2026) - 847.5534592 (Mar. 2023) )/( 13214.391 (Mar. 2026) - 9802.345 (Mar. 2023) )
=389.6924111/3412.046
=11.42%***

* 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 11.42 mean?
Innovation Holdings Co (TSE:3484) has a 3-Year ROIIC % of 11.42 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 Innovation Holdings Co and its competitors. This is near median its historical median of 11.94. Over the past decade, Innovation Holdings Co's 3-Year ROIIC % has ranged from 4.12 to 13.83. According to the industry distribution chart, Innovation Holdings Co ranks #403 out of 1663 companies in the Real Estate industry, placing it in the top 24.2%.
Is Innovation Holdings Co's 3-Year ROIIC % too high?
Innovation Holdings Co's current 3-Year ROIIC % of 11.42 is near median its 10-year median of 11.94. Over the past 10 years, this metric has ranged from a low of 4.12 to a high of 13.83. The Real Estate industry median 3-Year ROIIC % is 2.39. Innovation Holdings Co's value of 11.42 is 377.8% above this industry median. Based on the distribution chart, Innovation Holdings Co ranks #403 out of 1663 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Innovation Holdings Co has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Innovation Holdings Co's 3-Year ROIIC % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Innovation Holdings Co ranks #403 out of 1663 companies for 3-Year ROIIC %. This places Innovation Holdings Co in the top 24% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 2.39. Innovation Holdings Co's value of 11.42 is 377.8% above this benchmark. Historically, Innovation Holdings Co's own 3-Year ROIIC % has ranged from 4.12 to 13.83 over the past decade. While the company's 10-year median is 11.94 vs. the industry median of 2.39, Innovation Holdings 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 a Real Estate company?
The median 3-Year ROIIC % among Real Estate companies is 2.39, based on 1,663 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. Innovation Holdings Co's current 3-Year ROIIC % of 11.42 is 377.8% 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 Innovation Holdings Co and its competitors. For the Real Estate industry, the median 3-Year ROIIC % is 2.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Innovation Holdings Co's current 3-Year ROIIC % is 11.42, which is near median its own 10-year median of 11.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Innovation Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Innovation Holdings Co (TSE:3484) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,376.22, compared to a current price of 円1,103.00 — trading 19.9% below its estimated fair value. The current 3-Year ROIIC % is 11.42, which is near median its 10-year median of 11.94 and 377.8% above the Real Estate industry median of 2.39. Innovation Holdings Co's overall GF Score™ is 89/100 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 Innovation Holdings Co (TSE:3484), the current 3-Year ROIIC % is 11.42 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 Innovation Holdings Co (TSE:3484) Overvalued in 2026?

Based on GuruFocus' analysis, Innovation Holdings Co stock appears to be undervalued. The current stock price of 円1,103.00 is trading 19.9% below its estimated GF Value™ of 円1,376.22. GuruFocus considers Innovation Holdings Co to be Modestly Undervalued.

Key valuation signals for TSE:3484:

  • 3-Year ROIIC %: 11.42 (near median its 10-year median of 11.94)
  • GF Value™: 円1,376.22 vs. price of 円1,103.00 (19.9% below fair value)
  • GF Score™: 89/100 with 3 warning signs
  • Industry Position: 377.8% above the Real Estate median (#403 of 1663)

No single metric tells the full story. See the TSE:3484 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Innovation Holdings Co Business Description

Address 4-1-6 Shinjuku, Shinjuku-ku, JR Shinjuku Miraina Tower 10th floor, Tokyo, JPN, 160-0022
Innovation Holdings Co Ltd is engaged in store leasing business. It rents store properties from real estate owners and sublet them to eating and drinking tenants.
89GF Score

Get the complete analysis for TSE:3484

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

円1,103.00
Price
円1,376.22
GF Value