atect (TSE:4241) 3-Year ROIIC % : 2.37% (As of Mar. 2026) — 32% Below Median

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Director of Data and Quant Analytics at GuruFocus
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.
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Charlie Tian
Founder & CEO of GuruFocus
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.

TSE:4241 atect Corp TSE:4241
61 GF Score
Price 円635.00
GF Value 円605.77
Valuation Fairly Valued
! 5 Warning Signs
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What is atect 3-Year ROIIC %?

atect TSE:4241 -0.16% 61 3-Year ROIIC % is 2.37 as of Mar. 2026, which is 32% below its 10-year median of 3.46. GuruFocus rates TSE:4241 with a GF Score™ of 61/100 and a GF Value™ of 円605.77 (Fairly Valued). The stock has 5 warning signs investors should review. Among 531 Conglomerates companies, atect ranks better than 53.11% 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. atect's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 2.37%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

TSE:4241's 3-Year ROIIC % is ranked better than
53.11% of 531 companies
in the Conglomerates industry
Industry Median: 1.62 vs TSE:4241: 2.37

atect  (TSE:4241) 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.


atect 3-Year ROIIC % Related Terms


atect 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for atect'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.

atect 3-Year ROIIC % Chart

atect 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 90.56 9.78 13.02 30.15 2.37

atect 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 13.02 0.00 30.15 0.00 2.37

TSE:4241 vs MMM, HON: 3-Year ROIIC % Comparison

For the Conglomerates subindustry, atect'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.


atect 3-Year ROIIC % vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, atect's 3-Year ROIIC % distribution charts can be found below:

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


TSE:4241
61GF Score
atect Corp TSE:4241
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

atect 3-Year ROIIC % Calculation

atect'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**
=( 126.4156324 (Mar. 2026) - 141.325232 (Mar. 2023) )/( 4553.745 (Mar. 2026) - 5181.97 (Mar. 2023) )
=-14.9095996/-628.225
=2.37%***

* 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 2.37 mean?
atect (TSE:4241) has a 3-Year ROIIC % of 2.37 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 atect and its competitors. This is 32% below median its historical median of 3.46. According to the industry distribution chart, atect ranks #249 out of 531 companies in the Conglomerates industry, placing it in the top 46.9%.
Is atect's 3-Year ROIIC % too high?
atect's current 3-Year ROIIC % of 2.37 is 32% below median its 10-year median of 3.46. The Conglomerates industry median 3-Year ROIIC % is 1.62. atect's value of 2.37 is 46.3% above this industry median. Based on the distribution chart, atect ranks #249 out of 531 companies in the Conglomerates industry, which is above the industry midpoint. Overall, atect has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does atect's 3-Year ROIIC % compare to MMM and HON?
According to the Conglomerates industry distribution chart, atect ranks #249 out of 531 companies for 3-Year ROIIC %. This puts atect in the upper half of its industry. The industry median 3-Year ROIIC % is 1.62. atect's value of 2.37 is 46.3% above this benchmark. While the company's 10-year median is 3.46 vs. the industry median of 1.62, atect 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 Conglomerates company?
The median 3-Year ROIIC % among Conglomerates companies is 1.62, based on 531 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. atect's current 3-Year ROIIC % of 2.37 is 46.3% 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 atect and its competitors. For the Conglomerates industry, the median 3-Year ROIIC % is 1.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. atect's current 3-Year ROIIC % is 2.37, which is 32% below median its own 10-year median of 3.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is atect stock overvalued right now?
Based on GuruFocus' analysis, atect (TSE:4241) is currently considered Fairly Valued. The stock's GF Value™ is 円605.77, compared to a current price of 円635.00 — trading 4.8% above its estimated fair value. The current 3-Year ROIIC % is 2.37, which is 32% below median its 10-year median of 3.46 and 46.3% above the Conglomerates industry median of 1.62. atect's overall GF Score™ is 61/100 with 5 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 atect (TSE:4241), the current 3-Year ROIIC % is 2.37 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 atect (TSE:4241) Overvalued in 2026?

Based on GuruFocus' analysis, atect stock appears to be overvalued. The current stock price of 円635.00 is trading 4.8% above its estimated GF Value™ of 円605.77. GuruFocus considers atect to be Fairly Valued.

Key valuation signals for TSE:4241:

  • 3-Year ROIIC %: 2.37 (32% below median its 10-year median of 3.46)
  • GF Value™: 円605.77 vs. price of 円635.00 (4.8% above fair value)
  • GF Score™: 61/100 with 5 warning signs
  • Industry Position: 46.3% above the Conglomerates median (#249 of 531)

No single metric tells the full story. See the TSE:4241 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


atect Business Description

Address 3275-1, Kami-haneda-cho, Shiga Prefecture, Higashi-omi, JPN, 578-0912
atect Corp is engaged in the sanitary business, which includes hygiene inspection equipment, semiconductor materials business, and PIM business.
61GF Score

Get the complete analysis for TSE:4241

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

円635.00
Price
円605.77
GF Value