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.
TOSE CoTSE:4728 61 3-Year ROIIC % is 20.47 as of Aug. 2025, which is 1025% above its 10-year median of 1.82. GuruFocus rates TSE:4728 with a GF Score™ of 61/100 and a GF Value™ of 円865.57 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 531 Interactive Media companies, TOSE Co ranks better than 63.65% 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.
TOSE Co's 3-Year ROIIC % for the quarter that ended in Aug. 2025 was 20.47%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for TOSE Co's 3-Year ROIIC % or its related term are showing as below:
TSE:4728's 3-Year ROIIC % is ranked better than 63.65% of 531
companies
in the Interactive Media industry
Industry Median: 3.45
vs TSE:4728: 20.47
TOSE Co (TSE:4728) 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.
TOSE Co 3-Year ROIIC % Related Terms
TOSE Co 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for TOSE 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:4728 vs NTES, EA, TTWO: 3-Year ROIIC % Comparison
For the Electronic Gaming & Multimedia subindustry, TOSE 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.
TOSE Co 3-Year ROIIC % vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, TOSE Co's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where TOSE 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.
TOSE Co (TSE:4728) has a 3-Year ROIIC % of 20.47 as of Aug. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on TOSE Co and its competitors. This is 1025% above median its historical median of 1.82. According to the industry distribution chart, TOSE Co ranks #193 out of 531 companies in the Interactive Media industry, placing it in the top 36.3%.
Is TOSE Co's 3-Year ROIIC % too high?
TOSE Co's current 3-Year ROIIC % of 20.47 is 1025% above median its 10-year median of 1.82. The Interactive Media industry median 3-Year ROIIC % is 3.45. TOSE Co's value of 20.47 is 493.3% above this industry median. Based on the distribution chart, TOSE Co ranks #193 out of 531 companies in the Interactive Media industry, which is above the industry midpoint. Overall, TOSE Co has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TOSE Co's 3-Year ROIIC % compare to NTES and EA?
According to the Interactive Media industry distribution chart, TOSE Co ranks #193 out of 531 companies for 3-Year ROIIC %. This puts TOSE Co in the upper half of its industry. The industry median 3-Year ROIIC % is 3.45. TOSE Co's value of 20.47 is 493.3% above this benchmark. While the company's 10-year median is 1.82 vs. the industry median of 3.45, TOSE 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 an Interactive Media company?
The median 3-Year ROIIC % among Interactive Media companies is 3.45, 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. TOSE Co's current 3-Year ROIIC % of 20.47 is 493.3% 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 TOSE Co and its competitors. For the Interactive Media industry, the median 3-Year ROIIC % is 3.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TOSE Co's current 3-Year ROIIC % is 20.47, which is 1025% above median its own 10-year median of 1.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TOSE Co stock overvalued right now?
Based on GuruFocus' analysis, TOSE Co (TSE:4728) is currently considered Modestly Undervalued. The stock's GF Value™ is 円865.57, compared to a current price of 円640.00 — trading 26.1% below its estimated fair value. The current 3-Year ROIIC % is 20.47, which is 1025% above median its 10-year median of 1.82 and 493.3% above the Interactive Media industry median of 3.45. TOSE Co's overall GF Score™ is 61/100 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 TOSE Co (TSE:4728), the current 3-Year ROIIC % is 20.47 as of Aug. 2025. 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 TOSE Co (TSE:4728) Overvalued in 2026?
Based on GuruFocus' analysis, TOSE Co stock appears to be undervalued.
The current stock price of 円640.00 is trading 26.1% below its estimated GF Value™ of 円865.57.
GuruFocus considers TOSE Co to be Modestly Undervalued.
Key valuation signals for TSE:4728:
3-Year ROIIC %: 20.47 (1025% above median its 10-year median of 1.82)
GF Value™: 円865.57 vs. price of 円640.00 (26.1% below fair value)
Industry Position: 493.3% above the Interactive Media median (#193 of 531)
No single metric tells the full story. See the TSE:4728 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TOSE Co Ltd is engaged in the planning, development and operation of game software and mobile contents. It is well known for the development of Nintendo's Mr. Game and Watch Gallery series, as well as working on several other Nintendo products.
61GF Score
Get the complete analysis for TSE:4728
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:4728 has been successfully added to your 
