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Shinto Paint CoTSE:4615 50 3-Year ROIIC % is 107.11 as of Mar. 2026, which is 95% above its 10-year median of 54.86. GuruFocus rates TSE:4615 with a GF Score™ of 50/100 and a GF Value™ of 円129.73 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,523 Chemicals companies, Shinto Paint Co ranks better than 93.57% 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.
Shinto Paint Co's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 107.11%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Shinto Paint Co's 3-Year ROIIC % or its related term are showing as below:
TSE:4615's 3-Year ROIIC % is ranked better than 93.57% of 1523
companies
in the Chemicals industry
Industry Median: 0.02
vs TSE:4615: 107.11
Shinto Paint Co (TSE:4615) 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.
Shinto Paint Co 3-Year ROIIC % Related Terms
Shinto Paint Co 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Shinto Paint 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:4615 vs LIN, SHW, ECL: 3-Year ROIIC % Comparison
For the Specialty Chemicals subindustry, Shinto Paint 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.
Shinto Paint Co 3-Year ROIIC % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Shinto Paint Co's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Shinto Paint Co's 3-Year ROIIC % falls into.
Shinto Paint 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**
=
( 261 (Mar. 2026) - -1200 (Mar. 2023) )
/
( 26581 (Mar. 2026) - 25217 (Mar. 2023) )
=
1461
/
1364
=
107.11%***
* 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.
Shinto Paint Co (TSE:4615) has a 3-Year ROIIC % of 107.11 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 Shinto Paint Co and its competitors. This is 95% above median its historical median of 54.86. According to the industry distribution chart, Shinto Paint Co ranks #98 out of 1523 companies in the Chemicals industry, placing it in the top 6.4%.
Is Shinto Paint Co's 3-Year ROIIC % too high?
Shinto Paint Co's current 3-Year ROIIC % of 107.11 is 95% above median its 10-year median of 54.86. The Chemicals industry median 3-Year ROIIC % is 0.02. Shinto Paint Co's value of 107.11 is 535450% above this industry median. Based on the distribution chart, Shinto Paint Co ranks #98 out of 1523 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Shinto Paint Co has a GF Score™ of 50/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shinto Paint Co's 3-Year ROIIC % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Shinto Paint Co ranks #98 out of 1523 companies for 3-Year ROIIC %. This places Shinto Paint Co in the top 6% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 0.02. Shinto Paint Co's value of 107.11 is 535450% above this benchmark. While the company's 10-year median is 54.86 vs. the industry median of 0.02, Shinto Paint 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 Chemicals company?
The median 3-Year ROIIC % among Chemicals companies is 0.02, based on 1,523 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. Shinto Paint Co's current 3-Year ROIIC % of 107.11 is 535450% 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 Shinto Paint Co and its competitors. For the Chemicals industry, the median 3-Year ROIIC % is 0.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shinto Paint Co's current 3-Year ROIIC % is 107.11, which is 95% above median its own 10-year median of 54.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shinto Paint Co stock overvalued right now?
Based on GuruFocus' analysis, Shinto Paint Co (TSE:4615) is currently considered Fairly Valued. The stock's GF Value™ is 円129.73, compared to a current price of 円128.00 — trading 1.3% below its estimated fair value. The current 3-Year ROIIC % is 107.11, which is 95% above median its 10-year median of 54.86 and 535450% above the Chemicals industry median of 0.02. Shinto Paint Co's overall GF Score™ is 50/100 with 6 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 Shinto Paint Co (TSE:4615), the current 3-Year ROIIC % is 107.11 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 Shinto Paint Co (TSE:4615) Overvalued in 2026?
Based on GuruFocus' analysis, Shinto Paint Co stock appears to be undervalued.
The current stock price of 円128.00 is trading 1.3% below its estimated GF Value™ of 円129.73.
GuruFocus considers Shinto Paint Co to be Fairly Valued.
Key valuation signals for TSE:4615:
3-Year ROIIC %: 107.11 (95% above median its 10-year median of 54.86)
GF Value™: 円129.73 vs. price of 円128.00 (1.3% below fair value)
Industry Position: 535450% above the Chemicals median (#98 of 1523)
No single metric tells the full story. See the TSE:4615 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shinto Paint Co Ltd is engaged in manufacturing, processing and selling paints, pigments, synthetic fats/oils, fats/oils, and chemicals in Japan and internationally. It also provides electronic equipment, optical communication equipment, magnetic equipment, parts, components, and their materials; painting facilities, related machinery equipment, tools, devices, and materials; and civil engineering and construction materials, as well as housing materials.
50GF Score
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