Rebase (TSE:5138) 3-Year ROIIC % : -8.86% (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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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:5138 Rebase Inc TSE:5138
78 GF Score
Price 円400.00
GF Value 円1,621.15
Valuation Possible Value Trap
! 5 Warning Signs
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What is Rebase 3-Year ROIIC %?

Rebase TSE:5138 -4.08% 78 3-Year ROIIC % is -8.86 as of Mar. 2026. GuruFocus rates TSE:5138 with a GF Score™ of 78/100 and a GF Value™ of 円1,621.15 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 529 Interactive Media companies, Rebase ranks worse than 64.08% 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. Rebase's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was -8.86%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

TSE:5138's 3-Year ROIIC % is ranked worse than
64.08% of 529 companies
in the Interactive Media industry
Industry Median: 3.45 vs TSE:5138: -8.86

Rebase  (TSE:5138) 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.


Rebase 3-Year ROIIC % Related Terms


Rebase 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Rebase'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.

Rebase 3-Year ROIIC % Chart

Rebase Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
3-Year ROIIC %
Get a 7-Day Free Trial 0.00 0.00 37.84 56.53 -8.86

Rebase Semi-Annual Data
Mar21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
3-Year ROIIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only 37.84 0.00 56.53 0.00 -8.86

TSE:5138 vs GOOGL, META, SPOT: 3-Year ROIIC % Comparison

For the Internet Content & Information subindustry, Rebase'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.


Rebase 3-Year ROIIC % vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Rebase's 3-Year ROIIC % distribution charts can be found below:

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


TSE:5138
78GF Score
Rebase Inc TSE:5138
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Rebase 3-Year ROIIC % Calculation

Rebase'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**
=( 72.7354875 (Mar. 2026) - 162.8098848 (Mar. 2023) )/( 1363.233 (Mar. 2026) - 346.396 (Mar. 2023) )
=-90.0743973/1016.837
=-8.86%***

* 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 -8.86 mean?
Rebase (TSE:5138) has a 3-Year ROIIC % of -8.86 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 Rebase and its competitors. According to the industry distribution chart, Rebase ranks #339 out of 529 companies in the Interactive Media industry, placing it in the top 64.1%.
Is Rebase's 3-Year ROIIC % too high?
Rebase's current 3-Year ROIIC % is -8.86. Based on the distribution chart, Rebase ranks #339 out of 529 companies in the Interactive Media industry, which is below the industry midpoint. Overall, Rebase has a GF Score™ of 78/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Rebase's 3-Year ROIIC % compare to GOOGL and META?
According to the Interactive Media industry distribution chart, Rebase ranks #339 out of 529 companies for 3-Year ROIIC %. This places Rebase in the lower half of its industry. The industry median 3-Year ROIIC % is 3.45. 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 529 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 Rebase 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. Rebase's current 3-Year ROIIC % is -8.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rebase stock overvalued right now?
Based on GuruFocus' analysis, Rebase (TSE:5138) is currently considered Possible Value Trap. The stock's GF Value™ is 円1,621.15, compared to a current price of 円400.00 — trading 75.3% below its estimated fair value. The current 3-Year ROIIC % is -8.86. Rebase's overall GF Score™ is 78/100 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 Rebase (TSE:5138), the current 3-Year ROIIC % is -8.86 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 Rebase (TSE:5138) Overvalued in 2026?

Based on GuruFocus' analysis, Rebase stock appears to be undervalued. The current stock price of 円400.00 is trading 75.3% below its estimated GF Value™ of 円1,621.15. GuruFocus considers Rebase to be Possible Value Trap.

Key valuation signals for TSE:5138:

  • 3-Year ROIIC %: -8.86
  • GF Value™: 円1,621.15 vs. price of 円400.00 (75.3% below fair value)
  • GF Score™: 78/100 with 5 warning signs

No single metric tells the full story. See the TSE:5138 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Rebase Business Description

Address 4-26-18 Jingumae, 5th Floor, Harajuku Piazza Building, Shibuya-ku, Tokyo, JPN, 150-0001
Rebase Inc is engaged in the development and operation of the online marketplace Instabase, a platform for matching open rooms to users who can rent them either on an hourly or daily basis, as well as other related businesses. It is a matching service offering that allows customers to make reservations online from their computer or smartphone. Instabase offers a wide variety of spaces, including conference rooms, telework spaces, old houses, photography studios, and dance studios, depending on the usage scenario. In addition, the space can be used for business purposes such as meetings, business negotiations, seminars, training, and study sessions, as well as yoga and dance lessons, photography, home activities, and more.
78GF Score

Get the complete analysis for TSE:5138

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

円400.00
Price
円1,621.15
GF Value