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.
Tess Holdings CoTSE:5074 -2.49%65 3-Year ROIIC % is -1.22 as of Jun. 2025. GuruFocus rates TSE:5074 with a GF Score™ of 65/100 and a GF Value™ of 円628.65 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 397 Utilities - Independent Power Producers companies, Tess Holdings Co ranks worse than 61.21% 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.
Tess Holdings Co's 3-Year ROIIC % for the quarter that ended in Jun. 2025 was -1.22%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Tess Holdings Co's 3-Year ROIIC % or its related term are showing as below:
Tess Holdings Co (TSE:5074) 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.
Tess Holdings Co 3-Year ROIIC % Related Terms
Tess Holdings Co 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Tess Holdings 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.
Tess Holdings Co 3-Year ROIIC % Competitor Comparison
For the Utilities - Renewable subindustry, Tess Holdings 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.
Tess Holdings Co 3-Year ROIIC % vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Tess Holdings Co's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Tess Holdings Co's 3-Year ROIIC % falls into.
Tess Holdings Co's 3-Year ROIIC % for the quarter that ended in Jun. 2025 is calculated as:
3-Year ROIIC %
=
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( 2548 (Jun. 2025) - 3295.4984 (Jun. 2022) )
/
( 135970 (Jun. 2025) - 74664 (Jun. 2022) )
=
-747.4984
/
61306
=
-1.22%***
* 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.
Tess Holdings Co (TSE:5074) has a 3-Year ROIIC % of -1.22 as of Jun. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Tess Holdings Co and its competitors. According to the industry distribution chart, Tess Holdings Co ranks #243 out of 397 companies in the Utilities - Independent Power Producers industry, placing it in the top 61.2%.
Is Tess Holdings Co's 3-Year ROIIC % too high?
Tess Holdings Co's current 3-Year ROIIC % is -1.22. Based on the distribution chart, Tess Holdings Co ranks #243 out of 397 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, Tess Holdings Co has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tess Holdings Co's 3-Year ROIIC % compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Tess Holdings Co ranks #243 out of 397 companies for 3-Year ROIIC %. This places Tess Holdings Co in the lower half of its industry. The industry median 3-Year ROIIC % is 1.15. 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 Utilities - Independent Power Producers company?
The median 3-Year ROIIC % among Utilities - Independent Power Producers companies is 1.15, based on 397 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. 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 Tess Holdings Co and its competitors. For the Utilities - Independent Power Producers industry, the median 3-Year ROIIC % is 1.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tess Holdings Co's current 3-Year ROIIC % is -1.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tess Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Tess Holdings Co (TSE:5074) is currently considered Modestly Overvalued. The stock's GF Value™ is 円628.65, compared to a current price of 円705.00 — trading 12.1% above its estimated fair value. The current 3-Year ROIIC % is -1.22. Tess Holdings Co's overall GF Score™ is 65/100 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 Tess Holdings Co (TSE:5074), the current 3-Year ROIIC % is -1.22 as of Jun. 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 Tess Holdings Co (TSE:5074) Overvalued in 2026?
Based on GuruFocus' analysis, Tess Holdings Co stock appears to be overvalued.
The current stock price of 円705.00 is trading 12.1% above its estimated GF Value™ of 円628.65.
GuruFocus considers Tess Holdings Co to be Modestly Overvalued.
Key valuation signals for TSE:5074:
3-Year ROIIC %: -1.22
GF Value™: 円628.65 vs. price of 円705.00 (12.1% above fair value)
No single metric tells the full story. See the TSE:5074 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tess Holdings Co Ltd is engaged in the development and electricity sales of renewable power plants and power retailing business. Further, it is also involved in the operation and maintenance of cogeneration and other environmental energy-saving systems.
65GF Score
Get the complete analysis for TSE:5074
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:5074 has been successfully added to your 
