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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.
Kobelco Wire Co's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was -5.23%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Kobelco Wire Co's 3-Year ROIIC % or its related term are showing as below:
TSE:5660's 3-Year ROIIC % is ranked worse than 60.89% of 606
companies
in the Steel industry
Industry Median: -0.25
vs TSE:5660: -5.23
Kobelco Wire Co (TSE:5660) 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.
Kobelco Wire Co 3-Year ROIIC % Related Terms
Kobelco Wire Co 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Kobelco Wire 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:5660 vs NUE, STLD, RS: 3-Year ROIIC % Comparison
For the Steel subindustry, Kobelco Wire 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.
Kobelco Wire Co 3-Year ROIIC % vs Steel Industry
For the Steel industry and Basic Materials sector, Kobelco Wire Co's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Kobelco Wire Co's 3-Year ROIIC % falls into.
Kobelco Wire 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**
=
( 519.224 (Mar. 2026) - 670.784 (Mar. 2023) )
/
( 39067 (Mar. 2026) - 36168 (Mar. 2023) )
=
-151.56
/
2899
=
-5.23%***
* 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.
Kobelco Wire Co (TSE:5660) has a 3-Year ROIIC % of -5.23 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 Kobelco Wire Co and its competitors. According to the industry distribution chart, Kobelco Wire Co ranks #369 out of 606 companies in the Steel industry, placing it in the top 60.9%.
Is Kobelco Wire Co's 3-Year ROIIC % too high?
Kobelco Wire Co's current 3-Year ROIIC % is -5.23. Based on the distribution chart, Kobelco Wire Co ranks #369 out of 606 companies in the Steel industry, which is below the industry midpoint. Overall, Kobelco Wire Co has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kobelco Wire Co's 3-Year ROIIC % compare to NUE and STLD?
According to the Steel industry distribution chart, Kobelco Wire Co ranks #369 out of 606 companies for 3-Year ROIIC %. This places Kobelco Wire Co in the lower 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 Kobelco Wire Co and its competitors. Kobelco Wire Co's current 3-Year ROIIC % is -5.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kobelco Wire Co stock overvalued right now?
Based on GuruFocus' analysis, Kobelco Wire Co (TSE:5660) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,266.10, compared to a current price of 円1,943.00 — trading 53.5% above its estimated fair value. The current 3-Year ROIIC % is -5.23. Kobelco Wire Co's overall GF Score™ is 62/100 with 8 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 Kobelco Wire Co (TSE:5660), the current 3-Year ROIIC % is -5.23 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 Kobelco Wire Co (TSE:5660) Overvalued in 2026?
Based on GuruFocus' analysis, Kobelco Wire Co stock appears to be overvalued.
The current stock price of 円1,943.00 is trading 53.5% above its estimated GF Value™ of 円1,266.10.
GuruFocus considers Kobelco Wire Co to be Significantly Overvalued.
Key valuation signals for TSE:5660:
3-Year ROIIC %: -5.23
GF Value™: 円1,266.10 vs. price of 円1,943.00 (53.5% above fair value)
No single metric tells the full story. See the TSE:5660 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kobelco Wire Co Ltd formerly Shinko Wire Co Ltd is a comprehensive manufacturer of steel wire products. The company is organized in three business segments - Steel Wire, Wire Rope, and Engineering business. Its Steel Wire business is engaged in the production and sale of PC steel wire, unbonded and afterbond PC steel wire, stainless steel wire, oil tempered wire, and nickel plated steel wire. The Wire rope business manufactures general rope, special rope, stainless steel rope, and wire rope processed item. The Engineering business is involved in the manufacturing and selling of steel wire processing products, plant engineering, and falling bridge prevention cable.
62GF Score
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