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.
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.
Kyowa Electronic Instruments Co's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 14.77%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
TSE:6853's 3-Year ROIIC % is ranked better than 66.22% of 2371
companies
in the Hardware industry
Industry Median: 2.34
vs TSE:6853: 14.77
Kyowa Electronic Instruments Co (TSE:6853) 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.
Kyowa Electronic Instruments Co 3-Year ROIIC % Related Terms
Kyowa Electronic Instruments Co 3-Year ROIIC % Historical Data
* 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.
Kyowa Electronic Instruments Co 3-Year ROIIC % Chart
TSE:6853 vs COHR, KEYS, GRMN: 3-Year ROIIC % Comparison
For the Scientific & Technical Instruments subindustry, Kyowa Electronic Instruments 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.
Kyowa Electronic Instruments Co 3-Year ROIIC % vs Hardware Industry
For the Hardware industry and Technology sector, Kyowa Electronic Instruments Co's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Kyowa Electronic Instruments Co'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.
Kyowa Electronic Instruments Co (TSE:6853) has a 3-Year ROIIC % of 14.77 as of Dec. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Kyowa Electronic Instruments Co and its competitors. This is 28% below median its historical median of 20.62. According to the industry distribution chart, Kyowa Electronic Instruments Co ranks #801 out of 2371 companies in the Hardware industry, placing it in the top 33.8%.
Is Kyowa Electronic Instruments Co's 3-Year ROIIC % too high?
Kyowa Electronic Instruments Co's current 3-Year ROIIC % of 14.77 is 28% below median its 10-year median of 20.62. The Hardware industry median 3-Year ROIIC % is 2.34. Kyowa Electronic Instruments Co's value of 14.77 is 531.2% above this industry median. Based on the distribution chart, Kyowa Electronic Instruments Co ranks #801 out of 2371 companies in the Hardware industry, which is above the industry midpoint. Overall, Kyowa Electronic Instruments Co has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kyowa Electronic Instruments Co's 3-Year ROIIC % compare to COHR and KEYS?
According to the Hardware industry distribution chart, Kyowa Electronic Instruments Co ranks #801 out of 2371 companies for 3-Year ROIIC %. This puts Kyowa Electronic Instruments Co in the upper half of its industry. The industry median 3-Year ROIIC % is 2.34. Kyowa Electronic Instruments Co's value of 14.77 is 531.2% above this benchmark. While the company's 10-year median is 20.62 vs. the industry median of 2.34, Kyowa Electronic Instruments Co 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 a Hardware company?
The median 3-Year ROIIC % among Hardware companies is 2.34, based on 2,371 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. Kyowa Electronic Instruments Co's current 3-Year ROIIC % of 14.77 is 531.2% 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 Kyowa Electronic Instruments Co and its competitors. For the Hardware industry, the median 3-Year ROIIC % is 2.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kyowa Electronic Instruments Co's current 3-Year ROIIC % is 14.77, which is 28% below median its own 10-year median of 20.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kyowa Electronic Instruments Co stock overvalued right now?
Based on GuruFocus' analysis, Kyowa Electronic Instruments Co (TSE:6853) is currently considered Significantly Overvalued. The stock's GF Value™ is 円498.14, compared to a current price of 円773.00 — trading 55.2% above its estimated fair value. The current 3-Year ROIIC % is 14.77, which is 28% below median its 10-year median of 20.62 and 531.2% above the Hardware industry median of 2.34. Kyowa Electronic Instruments Co's overall GF Score™ is 71/100 with 1 warning sign 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 Kyowa Electronic Instruments Co (TSE:6853), the current 3-Year ROIIC % is 14.77 as of Dec. 2025. 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 Kyowa Electronic Instruments Co (TSE:6853) Overvalued in 2026?
Based on GuruFocus' analysis, Kyowa Electronic Instruments Co stock appears to be overvalued.
The current stock price of 円773.00 is trading 55.2% above its estimated GF Value™ of 円498.14.
GuruFocus considers Kyowa Electronic Instruments Co to be Significantly Overvalued.
Key valuation signals for TSE:6853:
3-Year ROIIC %: 14.77 (28% below median its 10-year median of 20.62)
GF Value™: 円498.14 vs. price of 円773.00 (55.2% above fair value)
Industry Position: 531.2% above the Hardware median (#801 of 2371)
No single metric tells the full story. See the TSE:6853 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kyowa Electronic Instruments Co Business Description
Kyowa Electronic Instruments Co Ltd is engaged in the manufacturing and distribution of stress measurement devices in experimental research fields of government offices, corporations, and universities. It is also involved in the manufacturing and distribution of various measurement devices for civil engineering and construction. In addition to product and system development, design and fabrication, the company also offers a comprehensive services from proposals for measurement technology tailored to specific issues to technical support and maintenance. It mainly serves the government and municipal offices, national, public, and private universities, construction industry, textile/ chemical industry, petroleum industry, and rubber industry.
71GF Score
Get the complete analysis for TSE:6853
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:6853 has been successfully added to your 
