OKANO VALVE MFG Co (TSE:6492) 3-Year ROIIC % : 471.80% (As of Nov. 2023)

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TSE:6492 OKANO VALVE MFG Co Ltd TSE:6492
56 GF Score
Price 円13,950.00
GF Value 円6,686.01
Valuation Significantly Overvalued
View Full Analysis

What is OKANO VALVE MFG Co 3-Year ROIIC %?

OKANO VALVE MFG Co TSE:6492 -0.57% 56 3-Year ROIIC % is 471.80 as of Nov. 2023. GuruFocus rates TSE:6492 with a GF Score™ of 56/100 and a GF Value™ of 円6,686.01 (Significantly Overvalued). Among 2,934 Industrial Products companies, OKANO VALVE MFG Co ranks better than 98.43% 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. OKANO VALVE MFG Co's 3-Year ROIIC % for the quarter that ended in Nov. 2023 was 471.80%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

TSE:6492's 3-Year ROIIC % is ranked better than
98.43% of 2934 companies
in the Industrial Products industry
Industry Median: 3.45 vs TSE:6492: 471.80

OKANO VALVE MFG Co  (TSE:6492) 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.


OKANO VALVE MFG Co 3-Year ROIIC % Related Terms


OKANO VALVE MFG Co 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for OKANO VALVE MFG 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.

OKANO VALVE MFG Co 3-Year ROIIC % Chart

OKANO VALVE MFG Co Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -179.69 -5.29 -11.12 -68.57 471.80

OKANO VALVE MFG Co Semi-Annual Data
May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Mar26
3-Year ROIIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 471.80 0.00 85.79 0.00 0.00

TSE:6492 vs GEV, ETN, PH: 3-Year ROIIC % Comparison

For the Specialty Industrial Machinery subindustry, OKANO VALVE MFG 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.


OKANO VALVE MFG Co 3-Year ROIIC % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, OKANO VALVE MFG Co's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where OKANO VALVE MFG Co's 3-Year ROIIC % falls into.


TSE:6492
56GF Score
OKANO VALVE MFG Co Ltd TSE:6492
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

OKANO VALVE MFG Co 3-Year ROIIC % Calculation

OKANO VALVE MFG Co's 3-Year ROIIC % for the quarter that ended in Nov. 2023 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 622.804 (Nov. 2023) - 151 (Nov. 2020) )/( 8670 (Nov. 2023) - 8570 (Nov. 2020) )
=471.804/100
=471.80%***

* 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 471.80 mean?
OKANO VALVE MFG Co (TSE:6492) has a 3-Year ROIIC % of 471.80 as of Nov. 2023. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on OKANO VALVE MFG Co and its competitors. According to the industry distribution chart, OKANO VALVE MFG Co ranks #46 out of 2934 companies in the Industrial Products industry, placing it in the top 1.6%.
Is OKANO VALVE MFG Co's 3-Year ROIIC % too high?
OKANO VALVE MFG Co's current 3-Year ROIIC % is 471.80. The Industrial Products industry median 3-Year ROIIC % is 3.45. OKANO VALVE MFG Co's value of 471.80 is 13575.4% above this industry median. Based on the distribution chart, OKANO VALVE MFG Co ranks #46 out of 2934 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, OKANO VALVE MFG Co has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does OKANO VALVE MFG Co's 3-Year ROIIC % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, OKANO VALVE MFG Co ranks #46 out of 2934 companies for 3-Year ROIIC %. This places OKANO VALVE MFG Co in the top 2% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 3.45. OKANO VALVE MFG Co's value of 471.80 is 13575.4% above this benchmark. 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 Industrial Products company?
The median 3-Year ROIIC % among Industrial Products companies is 3.45, based on 2,934 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. OKANO VALVE MFG Co's current 3-Year ROIIC % of 471.80 is 13575.4% 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 OKANO VALVE MFG Co and its competitors. For the Industrial Products 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. OKANO VALVE MFG Co's current 3-Year ROIIC % is 471.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OKANO VALVE MFG Co stock overvalued right now?
Based on GuruFocus' analysis, OKANO VALVE MFG Co (TSE:6492) is currently considered Significantly Overvalued. The stock's GF Value™ is 円6,686.01, compared to a current price of 円13,950.00 — trading 108.6% above its estimated fair value. The current 3-Year ROIIC % is 471.80 and 13575.4% above the Industrial Products industry median of 3.45. OKANO VALVE MFG Co's overall GF Score™ is 56/100. 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 OKANO VALVE MFG Co (TSE:6492), the current 3-Year ROIIC % is 471.80 as of Nov. 2023. 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 OKANO VALVE MFG Co (TSE:6492) Overvalued in 2026?

Based on GuruFocus' analysis, OKANO VALVE MFG Co stock appears to be overvalued. The current stock price of 円13,950.00 is trading 108.6% above its estimated GF Value™ of 円6,686.01. GuruFocus considers OKANO VALVE MFG Co to be Significantly Overvalued.

Key valuation signals for TSE:6492:

  • 3-Year ROIIC %: 471.80
  • GF Value™: 円6,686.01 vs. price of 円13,950.00 (108.6% above fair value)
  • GF Score™: 56/100
  • Industry Position: 13575.4% above the Industrial Products median (#46 of 2934)

No single metric tells the full story. See the TSE:6492 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


OKANO VALVE MFG Co Business Description

Address 1-14, Nakamachi, Moji Ward, Fukuoka Prefecture, Kitakyushu, JPN, 800-8601
OKANO VALVE MFG Co Ltd is engaged in the development, manufacturing and maintenance of high temperature and high-pressure valves for industrial applications. It manufactures other industrial products and parts using its foundry capabilities. The company also carries out various construction and maintenance works in industrial plants. It Implements and supports condition monitoring of industrial valves using current signature analysis technology.
56GF Score

Get the complete analysis for TSE:6492

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

円13,950.00
Price
円6,686.01
GF Value