Benefit Japan Co (TSE:3934) 3-Year ROIIC % : 17.93% (As of Mar. 2026) — 130% Above Median

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TSE:3934 Benefit Japan Co Ltd TSE:3934
83 GF Score
Price 円2,228.00
GF Value 円1,896.08
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Benefit Japan Co 3-Year ROIIC %?

Benefit Japan Co TSE:3934 +3.10% 83 3-Year ROIIC % is 17.93 as of Mar. 2026, which is 130% above its 10-year median of 7.79. GuruFocus rates TSE:3934 with a GF Score™ of 83/100 and a GF Value™ of 円1,896.08 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 351 Telecommunication Services companies, Benefit Japan Co ranks better than 75.5% 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. Benefit Japan Co's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 17.93%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

TSE:3934's 3-Year ROIIC % is ranked better than
75.5% of 351 companies
in the Telecommunication Services industry
Industry Median: 1.61 vs TSE:3934: 17.93

Benefit Japan Co  (TSE:3934) 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.


Benefit Japan Co 3-Year ROIIC % Related Terms


Benefit Japan Co 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Benefit Japan 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.

Benefit Japan Co 3-Year ROIIC % Chart

Benefit Japan 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 27.26 -12.52 -50.57 -66.03 17.93

Benefit Japan Co Semi-Annual Data
Sep16 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 -50.57 0.00 -66.03 0.00 17.93

TSE:3934 vs VZ, TMUS, T: 3-Year ROIIC % Comparison

For the Telecom Services subindustry, Benefit Japan 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.


Benefit Japan Co 3-Year ROIIC % vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Benefit Japan Co's 3-Year ROIIC % distribution charts can be found below:

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


TSE:3934
83GF Score
Benefit Japan Co Ltd TSE:3934
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Benefit Japan Co 3-Year ROIIC % Calculation

Benefit Japan 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**
=( 990.4206 (Mar. 2026) - 642.8302062 (Mar. 2023) )/( 8385.836 (Mar. 2026) - 6447.585 (Mar. 2023) )
=347.5903938/1938.251
=17.93%***

* 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 17.93 mean?
Benefit Japan Co (TSE:3934) has a 3-Year ROIIC % of 17.93 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 Benefit Japan Co and its competitors. This is 130% above median its historical median of 7.79. According to the industry distribution chart, Benefit Japan Co ranks #86 out of 351 companies in the Telecommunication Services industry, placing it in the top 24.5%.
Is Benefit Japan Co's 3-Year ROIIC % too high?
Benefit Japan Co's current 3-Year ROIIC % of 17.93 is 130% above median its 10-year median of 7.79. The Telecommunication Services industry median 3-Year ROIIC % is 1.61. Benefit Japan Co's value of 17.93 is 1013.7% above this industry median. Based on the distribution chart, Benefit Japan Co ranks #86 out of 351 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers. Overall, Benefit Japan Co has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Benefit Japan Co's 3-Year ROIIC % compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, Benefit Japan Co ranks #86 out of 351 companies for 3-Year ROIIC %. This places Benefit Japan Co in the top 25% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 1.61. Benefit Japan Co's value of 17.93 is 1013.7% above this benchmark. While the company's 10-year median is 7.79 vs. the industry median of 1.61, Benefit Japan 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 Telecommunication Services company?
The median 3-Year ROIIC % among Telecommunication Services companies is 1.61, based on 351 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. Benefit Japan Co's current 3-Year ROIIC % of 17.93 is 1013.7% 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 Benefit Japan Co and its competitors. For the Telecommunication Services industry, the median 3-Year ROIIC % is 1.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Benefit Japan Co's current 3-Year ROIIC % is 17.93, which is 130% above median its own 10-year median of 7.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Benefit Japan Co stock overvalued right now?
Based on GuruFocus' analysis, Benefit Japan Co (TSE:3934) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,896.08, compared to a current price of 円2,228.00 — trading 17.5% above its estimated fair value. The current 3-Year ROIIC % is 17.93, which is 130% above median its 10-year median of 7.79 and 1013.7% above the Telecommunication Services industry median of 1.61. Benefit Japan Co's overall GF Score™ is 83/100 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 Benefit Japan Co (TSE:3934), the current 3-Year ROIIC % is 17.93 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 Benefit Japan Co (TSE:3934) Overvalued in 2026?

Based on GuruFocus' analysis, Benefit Japan Co stock appears to be overvalued. The current stock price of 円2,228.00 is trading 17.5% above its estimated GF Value™ of 円1,896.08. GuruFocus considers Benefit Japan Co to be Modestly Overvalued.

Key valuation signals for TSE:3934:

  • 3-Year ROIIC %: 17.93 (130% above median its 10-year median of 7.79)
  • GF Value™: 円1,896.08 vs. price of 円2,228.00 (17.5% above fair value)
  • GF Score™: 83/100 with 2 warning signs
  • Industry Position: 1013.7% above the Telecommunication Services median (#86 of 351)

No single metric tells the full story. See the TSE:3934 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Benefit Japan Co Business Description

Address Doshomachi 1-chome, 5-18, Asahi Seimei Doshomachi Building, 8th Floor, Chuo-ku, Osaka, JPN, 150-988
Benefit Japan Co Ltd provides communication services. The company is a mobile virtual network operator, as well as an FVNO (virtual fixed-line telecommunications operator) servicer and provides internet options services and content, and support services. It provides its services under the Only Service brand name. The company's reportable segments are the Internet communication services business and the robotics business. The company generates the majority of its revenue from the Internet communication services business.
83GF Score

Get the complete analysis for TSE:3934

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

円2,228.00
Price
円1,896.08
GF Value