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Atsugi CoTSE:3529 -1.18%50 3-Year ROIIC % is 87.97 as of Mar. 2026, which is 269% above its 10-year median of 23.81. GuruFocus rates TSE:3529 with a GF Score™ of 50/100 and a GF Value™ of 円949.89 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,015 Manufacturing - Apparel & Accessories companies, Atsugi Co ranks better than 92.61% 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.
Atsugi Co's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 87.97%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Atsugi Co's 3-Year ROIIC % or its related term are showing as below:
TSE:3529's 3-Year ROIIC % is ranked better than 92.61% of 1015
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.52
vs TSE:3529: 87.97
Atsugi Co (TSE:3529) 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.
Atsugi Co 3-Year ROIIC % Related Terms
Atsugi Co 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Atsugi 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:3529 vs RL, LEVI, VFC: 3-Year ROIIC % Comparison
For the Apparel Manufacturing subindustry, Atsugi 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.
Atsugi Co 3-Year ROIIC % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Atsugi Co's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Atsugi Co's 3-Year ROIIC % falls into.
Atsugi 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**
=
( -1019 (Mar. 2026) - -2131 (Mar. 2023) )
/
( 35070 (Mar. 2026) - 33806 (Mar. 2023) )
=
1112
/
1264
=
87.97%***
* 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.
Atsugi Co (TSE:3529) has a 3-Year ROIIC % of 87.97 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 Atsugi Co and its competitors. This is 269% above median its historical median of 23.81. According to the industry distribution chart, Atsugi Co ranks #75 out of 1015 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 7.4%.
Is Atsugi Co's 3-Year ROIIC % too high?
Atsugi Co's current 3-Year ROIIC % of 87.97 is 269% above median its 10-year median of 23.81. The Manufacturing - Apparel & Accessories industry median 3-Year ROIIC % is 1.52. Atsugi Co's value of 87.97 is 5687.5% above this industry median. Based on the distribution chart, Atsugi Co ranks #75 out of 1015 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Atsugi Co has a GF Score™ of 50/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Atsugi Co's 3-Year ROIIC % compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Atsugi Co ranks #75 out of 1015 companies for 3-Year ROIIC %. This places Atsugi Co in the top 7% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 1.52. Atsugi Co's value of 87.97 is 5687.5% above this benchmark. While the company's 10-year median is 23.81 vs. the industry median of 1.52, Atsugi 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 Manufacturing - Apparel & Accessories company?
The median 3-Year ROIIC % among Manufacturing - Apparel & Accessories companies is 1.52, based on 1,015 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. Atsugi Co's current 3-Year ROIIC % of 87.97 is 5687.5% 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 Atsugi Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median 3-Year ROIIC % is 1.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Atsugi Co's current 3-Year ROIIC % is 87.97, which is 269% above median its own 10-year median of 23.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Atsugi Co stock overvalued right now?
Based on GuruFocus' analysis, Atsugi Co (TSE:3529) is currently considered Modestly Overvalued. The stock's GF Value™ is 円949.89, compared to a current price of 円1,093.00 — trading 15.1% above its estimated fair value. The current 3-Year ROIIC % is 87.97, which is 269% above median its 10-year median of 23.81 and 5687.5% above the Manufacturing - Apparel & Accessories industry median of 1.52. Atsugi Co's overall GF Score™ is 50/100 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 Atsugi Co (TSE:3529), the current 3-Year ROIIC % is 87.97 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.
Is Atsugi Co (TSE:3529) Overvalued in 2026?
Based on GuruFocus' analysis, Atsugi Co stock appears to be overvalued.
The current stock price of 円1,093.00 is trading 15.1% above its estimated GF Value™ of 円949.89.
GuruFocus considers Atsugi Co to be Modestly Overvalued.
Key valuation signals for TSE:3529:
3-Year ROIIC %: 87.97 (269% above median its 10-year median of 23.81)
GF Value™: 円949.89 vs. price of 円1,093.00 (15.1% above fair value)
Industry Position: 5687.5% above the Manufacturing - Apparel & Accessories median (#75 of 1015)
No single metric tells the full story. See the TSE:3529 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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