Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Nankai Chemical CoTSE:4040 -0.83%71 3-Year ROIIC % is 113.28 as of Mar. 2026, which is 589% above its 10-year median of 16.44. GuruFocus rates TSE:4040 with a GF Score™ of 71/100 and a GF Value™ of 円2,840.67 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,522 Chemicals companies, Nankai Chemical Co ranks better than 93.82% 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.
Nankai Chemical Co's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 113.28%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Nankai Chemical Co's 3-Year ROIIC % or its related term are showing as below:
TSE:4040's 3-Year ROIIC % is ranked better than 93.82% of 1522
companies
in the Chemicals industry
Industry Median: -0.01
vs TSE:4040: 113.28
Nankai Chemical Co (TSE:4040) 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.
Nankai Chemical Co 3-Year ROIIC % Related Terms
Nankai Chemical Co 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Nankai Chemical 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 Chemicals subindustry, Nankai Chemical 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.
Nankai Chemical Co 3-Year ROIIC % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Nankai Chemical Co's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Nankai Chemical Co's 3-Year ROIIC % falls into.
Nankai Chemical 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**
=
( 1166.2 (Mar. 2026) - 612.2832 (Mar. 2023) )
/
( 14600 (Mar. 2026) - 14111 (Mar. 2023) )
=
553.9168
/
489
=
113.28%***
* 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.
Nankai Chemical Co (TSE:4040) has a 3-Year ROIIC % of 113.28 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 Nankai Chemical Co and its competitors. This is 589% above median its historical median of 16.44. Over the past decade, Nankai Chemical Co's 3-Year ROIIC % has ranged from 6.92 to 113.28. According to the industry distribution chart, Nankai Chemical Co ranks #94 out of 1522 companies in the Chemicals industry, placing it in the top 6.2%.
Is Nankai Chemical Co's 3-Year ROIIC % too high?
Nankai Chemical Co's current 3-Year ROIIC % of 113.28 is 589% above median its 10-year median of 16.44. Over the past 10 years, this metric has ranged from a low of 6.92 to a high of 113.28. Based on the distribution chart, Nankai Chemical Co ranks #94 out of 1522 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Nankai Chemical Co has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nankai Chemical Co's 3-Year ROIIC % compare to DOW?
According to the Chemicals industry distribution chart, Nankai Chemical Co ranks #94 out of 1522 companies for 3-Year ROIIC %. This places Nankai Chemical Co in the top 6% of its industry — outperforming the majority of peers. Historically, Nankai Chemical Co's own 3-Year ROIIC % has ranged from 6.92 to 113.28 over the past decade. 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 Chemicals company?
A good 3-Year ROIIC % depends on the Chemicals 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 Nankai Chemical Co and its competitors. Nankai Chemical Co's current 3-Year ROIIC % is 113.28, which is 589% above median its own 10-year median of 16.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nankai Chemical Co stock overvalued right now?
Based on GuruFocus' analysis, Nankai Chemical Co (TSE:4040) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,840.67, compared to a current price of 円3,565.00 — trading 25.5% above its estimated fair value. The current 3-Year ROIIC % is 113.28, which is 589% above median its 10-year median of 16.44. Nankai Chemical Co's overall GF Score™ is 71/100 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 Nankai Chemical Co (TSE:4040), the current 3-Year ROIIC % is 113.28 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 Nankai Chemical Co (TSE:4040) Overvalued in 2026?
Based on GuruFocus' analysis, Nankai Chemical Co stock appears to be overvalued.
The current stock price of 円3,565.00 is trading 25.5% above its estimated GF Value™ of 円2,840.67.
GuruFocus considers Nankai Chemical Co to be Modestly Overvalued.
Key valuation signals for TSE:4040:
3-Year ROIIC %: 113.28 (589% above median its 10-year median of 16.44)
GF Value™: 円2,840.67 vs. price of 円3,565.00 (25.5% above fair value)
No single metric tells the full story. See the TSE:4040 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nankai Chemical Co Ltd is engaged in the manufacturing and sales of chemical products, agricultural products, quasi-drugs and food additives. collecting, transporting, and recycling of industrial wastes.
71GF Score
Get the complete analysis for TSE:4040
3-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:4040 has been successfully added to your 
