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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.
NIPPON KINZOKU Co's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 4.83%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for NIPPON KINZOKU Co's 3-Year ROIIC % or its related term are showing as below:
TSE:5491's 3-Year ROIIC % is ranked better than 61.3% of 602
companies
in the Steel industry
Industry Median: -0.25
vs TSE:5491: 4.83
NIPPON KINZOKU Co (TSE:5491) 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.
NIPPON KINZOKU Co 3-Year ROIIC % Related Terms
NIPPON KINZOKU Co 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for NIPPON KINZOKU 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:5491 vs NUE, STLD, RS: 3-Year ROIIC % Comparison
For the Steel subindustry, NIPPON KINZOKU 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.
NIPPON KINZOKU Co 3-Year ROIIC % vs Steel Industry
For the Steel industry and Basic Materials sector, NIPPON KINZOKU Co's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where NIPPON KINZOKU Co's 3-Year ROIIC % falls into.
NIPPON KINZOKU 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**
=
( 479.544 (Mar. 2026) - 872.5741 (Mar. 2023) )
/
( 48323 (Mar. 2026) - 56467 (Mar. 2023) )
=
-393.0301
/
-8144
=
4.83%***
* 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.
NIPPON KINZOKU Co (TSE:5491) has a 3-Year ROIIC % of 4.83 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 NIPPON KINZOKU Co and its competitors. According to the industry distribution chart, NIPPON KINZOKU Co ranks #233 out of 602 companies in the Steel industry, placing it in the top 38.7%.
Is NIPPON KINZOKU Co's 3-Year ROIIC % too high?
NIPPON KINZOKU Co's current 3-Year ROIIC % is 4.83. Based on the distribution chart, NIPPON KINZOKU Co ranks #233 out of 602 companies in the Steel industry, which is above the industry midpoint. Overall, NIPPON KINZOKU Co has a GF Score™ of 62/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NIPPON KINZOKU Co's 3-Year ROIIC % compare to NUE and STLD?
According to the Steel industry distribution chart, NIPPON KINZOKU Co ranks #233 out of 602 companies for 3-Year ROIIC %. This puts NIPPON KINZOKU Co in the upper half of its industry. 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 Steel company?
A good 3-Year ROIIC % depends on the Steel industry context. 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 NIPPON KINZOKU Co and its competitors. NIPPON KINZOKU Co's current 3-Year ROIIC % is 4.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NIPPON KINZOKU Co stock overvalued right now?
Based on GuruFocus' analysis, NIPPON KINZOKU Co (TSE:5491) is currently considered Modestly Overvalued. The stock's GF Value™ is 円789.37, compared to a current price of 円951.00 — trading 20.5% above its estimated fair value. The current 3-Year ROIIC % is 4.83. NIPPON KINZOKU Co's overall GF Score™ is 62/100 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 NIPPON KINZOKU Co (TSE:5491), the current 3-Year ROIIC % is 4.83 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 NIPPON KINZOKU Co (TSE:5491) Overvalued in 2026?
Based on GuruFocus' analysis, NIPPON KINZOKU Co stock appears to be overvalued.
The current stock price of 円951.00 is trading 20.5% above its estimated GF Value™ of 円789.37.
GuruFocus considers NIPPON KINZOKU Co to be Modestly Overvalued.
Key valuation signals for TSE:5491:
3-Year ROIIC %: 4.83
GF Value™: 円789.37 vs. price of 円951.00 (20.5% above fair value)
No single metric tells the full story. See the TSE:5491 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NIPPON KINZOKU Co Ltd is a Japanese based company engaged in the steel business. It is involved in the manufacturing of cold-rolled stainless steel strip polishing magnesium alloy belt and stainless steel processed products and other titanium alloy magnesium metal products.
62GF Score
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