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JM Holdings CoTSE:3539 +2.67%78 3-Year ROIIC % is 25.53 as of Jul. 2025, which is 50% above its 10-year median of 17.07. GuruFocus rates TSE:3539 with a GF Score™ of 78/100 and a GF Value™ of 円1,458.86 (Fairly Valued). The stock has 2 warning signs investors should review. Among 295 Retail - Defensive companies, JM Holdings Co ranks better than 80.34% 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.
JM Holdings Co's 3-Year ROIIC % for the quarter that ended in Jul. 2025 was 25.53%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for JM Holdings Co's 3-Year ROIIC % or its related term are showing as below:
TSE:3539's 3-Year ROIIC % is ranked better than 80.34% of 295
companies
in the Retail - Defensive industry
Industry Median: 6.07
vs TSE:3539: 25.53
JM Holdings Co (TSE:3539) 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.
JM Holdings Co 3-Year ROIIC % Related Terms
JM Holdings Co 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for JM 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.
For the Grocery Stores subindustry, JM 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.
JM Holdings Co 3-Year ROIIC % vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, JM Holdings Co's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where JM Holdings Co's 3-Year ROIIC % falls into.
JM Holdings Co's 3-Year ROIIC % for the quarter that ended in Jul. 2025 is calculated as:
3-Year ROIIC %
=
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( 6610.2322 (Jul. 2025) - 4128.4384 (Jul. 2022) )
/
( 44294 (Jul. 2025) - 34573 (Jul. 2022) )
=
2481.7938
/
9721
=
25.53%***
* 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.
JM Holdings Co (TSE:3539) has a 3-Year ROIIC % of 25.53 as of Jul. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on JM Holdings Co and its competitors. This is 50% above median its historical median of 17.07. Over the past decade, JM Holdings Co's 3-Year ROIIC % has ranged from 2.69 to 55.84. According to the industry distribution chart, JM Holdings Co ranks #58 out of 295 companies in the Retail - Defensive industry, placing it in the top 19.7%.
Is JM Holdings Co's 3-Year ROIIC % too high?
JM Holdings Co's current 3-Year ROIIC % of 25.53 is 50% above median its 10-year median of 17.07. Over the past 10 years, this metric has ranged from a low of 2.69 to a high of 55.84. The Retail - Defensive industry median 3-Year ROIIC % is 6.07. JM Holdings Co's value of 25.53 is 320.6% above this industry median. Based on the distribution chart, JM Holdings Co ranks #58 out of 295 companies in the Retail - Defensive industry, which is in the top quartile — a strong position relative to peers. Overall, JM Holdings Co has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does JM Holdings Co's 3-Year ROIIC % compare to KR?
According to the Retail - Defensive industry distribution chart, JM Holdings Co ranks #58 out of 295 companies for 3-Year ROIIC %. This places JM Holdings Co in the top 20% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 6.07. JM Holdings Co's value of 25.53 is 320.6% above this benchmark. Historically, JM Holdings Co's own 3-Year ROIIC % has ranged from 2.69 to 55.84 over the past decade. While the company's 10-year median is 17.07 vs. the industry median of 6.07, JM 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 Retail - Defensive company?
The median 3-Year ROIIC % among Retail - Defensive companies is 6.07, based on 295 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. JM Holdings Co's current 3-Year ROIIC % of 25.53 is 320.6% 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 JM Holdings Co and its competitors. For the Retail - Defensive industry, the median 3-Year ROIIC % is 6.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JM Holdings Co's current 3-Year ROIIC % is 25.53, which is 50% above median its own 10-year median of 17.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JM Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, JM Holdings Co (TSE:3539) is currently considered Fairly Valued. The stock's GF Value™ is 円1,458.86, compared to a current price of 円1,423.00 — trading 2.5% below its estimated fair value. The current 3-Year ROIIC % is 25.53, which is 50% above median its 10-year median of 17.07 and 320.6% above the Retail - Defensive industry median of 6.07. JM Holdings Co's overall GF Score™ is 78/100 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 JM Holdings Co (TSE:3539), the current 3-Year ROIIC % is 25.53 as of Jul. 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 JM Holdings Co (TSE:3539) Overvalued in 2026?
Based on GuruFocus' analysis, JM Holdings Co stock appears to be undervalued.
The current stock price of 円1,423.00 is trading 2.5% below its estimated GF Value™ of 円1,458.86.
GuruFocus considers JM Holdings Co to be Fairly Valued.
Key valuation signals for TSE:3539:
3-Year ROIIC %: 25.53 (50% above median its 10-year median of 17.07)
GF Value™: 円1,458.86 vs. price of 円1,423.00 (2.5% below fair value)
Industry Position: 320.6% above the Retail - Defensive median (#58 of 295)
No single metric tells the full story. See the TSE:3539 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
JM Holdings Co Ltd operates food supermarkets that retail meat products, fresh vegetables, fishes and other daily food products. The company also manages beef barbecue restaurants. It offers meat products, including meat processed goods, and frozen and refrigerated processed products, as well as meat of cow, chicken, and ham, as well as pork; food products comprising seasonings, processed foods, rice, bread, sake, noodles, eggs, dairy products; and vegetables, fruits, vegetables and fruits processed products, fresh juices, and cakes. It also provides fish products, sushi, dried fish, seaweed, shellfish, crustaceans, marine processing; and prepared foods, including lunch and fried foods, and tonkatsu, as well as salads, boiled foods, pottery, steamed foods.
78GF Score
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