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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.
Densan Co's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 161.82%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Densan Co's 3-Year ROIIC % or its related term are showing as below:
TSE:3640's 3-Year ROIIC % is ranked better than 93.97% of 995
companies
in the Semiconductors industry
Industry Median: -0.18
vs TSE:3640: 161.82
Densan Co (TSE:3640) 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.
Densan Co 3-Year ROIIC % Related Terms
Densan Co 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Densan 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:3640 vs NVDA, AVGO, MU: 3-Year ROIIC % Comparison
For the Semiconductors subindustry, Densan 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.
Densan Co 3-Year ROIIC % vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Densan Co's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Densan Co's 3-Year ROIIC % falls into.
* 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.
Densan Co (TSE:3640) has a 3-Year ROIIC % of 161.82 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 Densan Co and its competitors. According to the industry distribution chart, Densan Co ranks #60 out of 995 companies in the Semiconductors industry, placing it in the top 6%.
Is Densan Co's 3-Year ROIIC % too high?
Densan Co's current 3-Year ROIIC % is 161.82. Based on the distribution chart, Densan Co ranks #60 out of 995 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Densan Co has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Densan Co's 3-Year ROIIC % compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Densan Co ranks #60 out of 995 companies for 3-Year ROIIC %. This places Densan Co in the top 6% of its industry — outperforming the majority of peers. 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 Semiconductors company?
A good 3-Year ROIIC % depends on the Semiconductors industry context. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 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 Densan Co and its competitors. Densan Co's current 3-Year ROIIC % is 161.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Densan Co stock overvalued right now?
Based on GuruFocus' analysis, Densan Co (TSE:3640) is currently considered Fairly Valued. The stock's GF Value™ is 円2,537.13, compared to a current price of 円2,500.00 — trading 1.5% below its estimated fair value. The current 3-Year ROIIC % is 161.82. Densan Co's overall GF Score™ is 69/100. 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 Densan Co (TSE:3640), the current 3-Year ROIIC % is 161.82 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 Densan Co (TSE:3640) Overvalued in 2026?
Based on GuruFocus' analysis, Densan Co stock appears to be undervalued.
The current stock price of 円2,500.00 is trading 1.5% below its estimated GF Value™ of 円2,537.13.
GuruFocus considers Densan Co to be Fairly Valued.
Key valuation signals for TSE:3640:
3-Year ROIIC %: 161.82
GF Value™: 円2,537.13 vs. price of 円2,500.00 (1.5% below fair value)
No single metric tells the full story. See the TSE:3640 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Densan Co Ltd is engaged in the development and provision of information systems and related services. Its reporting segments include the Public Sector and the Industrial Sector. In the Public Sector, it serves local governments and related organizations by developing, selling, and supporting package systems, as well as offering equipment sales and information processing services. The Industrial Sector focuses on private enterprises and medical and welfare institutions, offering software development, equipment sales, and various information services. It also includes internet connectivity services for general consumers. It generates the majority of its revenue from the Public Sector segment.
69GF Score
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