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Nihon Kagakungyo CoTSE:4094 -0.72%63 3-Year ROIIC % is 2.85 as of Mar. 2026, which is 57% below its 10-year median of 6.61. GuruFocus rates TSE:4094 with a GF Score™ of 63/100 and a GF Value™ of 円1,861.89 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,522 Chemicals companies, Nihon Kagakungyo Co ranks better than 55.52% 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.
Nihon Kagakungyo Co's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 2.85%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Nihon Kagakungyo Co's 3-Year ROIIC % or its related term are showing as below:
TSE:4094's 3-Year ROIIC % is ranked better than 55.52% of 1522
companies
in the Chemicals industry
Industry Median: -0.01
vs TSE:4094: 2.85
Nihon Kagakungyo Co (TSE:4094) 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.
Nihon Kagakungyo Co 3-Year ROIIC % Related Terms
Nihon Kagakungyo Co 3-Year ROIIC % Historical Data
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The historical data trend for Nihon Kagakungyo 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:4094 vs LIN, SHW, ECL: 3-Year ROIIC % Comparison
For the Specialty Chemicals subindustry, Nihon Kagakungyo 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.
Nihon Kagakungyo Co 3-Year ROIIC % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Nihon Kagakungyo Co's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Nihon Kagakungyo 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.
Nihon Kagakungyo Co (TSE:4094) has a 3-Year ROIIC % of 2.85 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 Nihon Kagakungyo Co and its competitors. This is 57% below median its historical median of 6.61. According to the industry distribution chart, Nihon Kagakungyo Co ranks #677 out of 1522 companies in the Chemicals industry, placing it in the top 44.5%.
Is Nihon Kagakungyo Co's 3-Year ROIIC % too high?
Nihon Kagakungyo Co's current 3-Year ROIIC % of 2.85 is 57% below median its 10-year median of 6.61. Based on the distribution chart, Nihon Kagakungyo Co ranks #677 out of 1522 companies in the Chemicals industry, which is above the industry midpoint. Overall, Nihon Kagakungyo Co has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nihon Kagakungyo Co's 3-Year ROIIC % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Nihon Kagakungyo Co ranks #677 out of 1522 companies for 3-Year ROIIC %. This puts Nihon Kagakungyo Co in the upper half of its industry. 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 Nihon Kagakungyo Co and its competitors. Nihon Kagakungyo Co's current 3-Year ROIIC % is 2.85, which is 57% below median its own 10-year median of 6.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nihon Kagakungyo Co stock overvalued right now?
Based on GuruFocus' analysis, Nihon Kagakungyo Co (TSE:4094) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,861.89, compared to a current price of 円2,081.00 — trading 11.8% above its estimated fair value. The current 3-Year ROIIC % is 2.85, which is 57% below median its 10-year median of 6.61. Nihon Kagakungyo Co's overall GF Score™ is 63/100 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 Nihon Kagakungyo Co (TSE:4094), the current 3-Year ROIIC % is 2.85 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 Nihon Kagakungyo Co (TSE:4094) Overvalued in 2026?
Based on GuruFocus' analysis, Nihon Kagakungyo Co stock appears to be overvalued.
The current stock price of 円2,081.00 is trading 11.8% above its estimated GF Value™ of 円1,861.89.
GuruFocus considers Nihon Kagakungyo Co to be Modestly Overvalued.
Key valuation signals for TSE:4094:
3-Year ROIIC %: 2.85 (57% below median its 10-year median of 6.61)
GF Value™: 円1,861.89 vs. price of 円2,081.00 (11.8% above fair value)
No single metric tells the full story. See the TSE:4094 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nihon Kagaku Sangyo Co Ltd is a Japan-based chemical manufacturer. Its business activities are divided into two divisions including Chemical business which is engaged in production and sales of organic and inorganic industrial chemicals. And Building Materials business which offers metal products. Its chemical product offerings include copper compounds, tin compounds, nickel compounds, cobalt compounds, metallic soaps, among others. The building materials division offers products including plancier air vent, nent roof, finish hardware, mail post, approach stainless steel, handrails, heat exchanger, metal eaves fascia and cold rolling forming hardware.
63GF Score
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