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.
AzbilTSE:6845 +1.02%88 3-Year ROIIC % is 59.33 as of Mar. 2026, which is 141% above its 10-year median of 24.62. GuruFocus rates TSE:6845 with a GF Score™ of 88/100 and a GF Value™ of 円1,308.40 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 2,934 Industrial Products companies, Azbil ranks better than 89.26% 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.
Azbil's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 59.33%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Azbil's 3-Year ROIIC % or its related term are showing as below:
TSE:6845's 3-Year ROIIC % is ranked better than 89.26% of 2934
companies
in the Industrial Products industry
Industry Median: 3.45
vs TSE:6845: 59.33
Azbil (TSE:6845) 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.
Azbil 3-Year ROIIC % Related Terms
Azbil 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Azbil'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:6845 vs GEV, ETN, PH: 3-Year ROIIC % Comparison
For the Specialty Industrial Machinery subindustry, Azbil'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.
Azbil 3-Year ROIIC % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Azbil's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Azbil's 3-Year ROIIC % falls into.
* 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.
Azbil (TSE:6845) has a 3-Year ROIIC % of 59.33 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 Azbil and its competitors. This is 141% above median its historical median of 24.62. According to the industry distribution chart, Azbil ranks #315 out of 2934 companies in the Industrial Products industry, placing it in the top 10.7%.
Is Azbil's 3-Year ROIIC % too high?
Azbil's current 3-Year ROIIC % of 59.33 is 141% above median its 10-year median of 24.62. The Industrial Products industry median 3-Year ROIIC % is 3.45. Azbil's value of 59.33 is 1619.7% above this industry median. Based on the distribution chart, Azbil ranks #315 out of 2934 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Azbil has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Azbil's 3-Year ROIIC % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Azbil ranks #315 out of 2934 companies for 3-Year ROIIC %. This places Azbil in the top 11% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 3.45. Azbil's value of 59.33 is 1619.7% above this benchmark. While the company's 10-year median is 24.62 vs. the industry median of 3.45, Azbil has consistently been above the industry average. 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. Azbil's current 3-Year ROIIC % of 59.33 is 1619.7% 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 Azbil 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. Azbil's current 3-Year ROIIC % is 59.33, which is 141% above median its own 10-year median of 24.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Azbil stock overvalued right now?
Based on GuruFocus' analysis, Azbil (TSE:6845) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,308.40, compared to a current price of 円1,634.50 — trading 24.9% above its estimated fair value. The current 3-Year ROIIC % is 59.33, which is 141% above median its 10-year median of 24.62 and 1619.7% above the Industrial Products industry median of 3.45. Azbil's overall GF Score™ is 88/100 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 Azbil (TSE:6845), the current 3-Year ROIIC % is 59.33 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 Azbil (TSE:6845) Overvalued in 2026?
Based on GuruFocus' analysis, Azbil stock appears to be overvalued.
The current stock price of 円1,634.50 is trading 24.9% above its estimated GF Value™ of 円1,308.40.
GuruFocus considers Azbil to be Modestly Overvalued.
Key valuation signals for TSE:6845:
3-Year ROIIC %: 59.33 (141% above median its 10-year median of 24.62)
GF Value™: 円1,308.40 vs. price of 円1,634.50 (24.9% above fair value)
Industry Position: 1619.7% above the Industrial Products median (#315 of 2934)
No single metric tells the full story. See the TSE:6845 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Azbil Corp is a Japan-based company engaged in the automation business. The company operates through three reportable segments: Building Automation Business, Advanced Automation Business, and Life Automation Business. The Building Automation Business provides products, engineering, and services such as automatic air conditioning control and security systems for commercial buildings and production facilities. The Advanced Automation Business offers control systems, switches, and sensors, along with engineering and maintenance services for factories and plants. The Life Automation Business manufactures and sells meters, measuring instruments, and residential air conditioning systems for home builders. It generates the majority of its revenue from the Building Automation Business segment.
88GF Score
Get the complete analysis for TSE:6845
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:6845 has been successfully added to your 
