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Pulstec Industrial CoTSE:6894 -0.24%78 3-Year ROIIC % is 14.11 as of Mar. 2026, which is 49% above its 10-year median of 9.47. GuruFocus rates TSE:6894 with a GF Score™ of 78/100 and a GF Value™ of 円1,761.88 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 2,932 Industrial Products companies, Pulstec Industrial Co ranks better than 67.91% 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.
Pulstec Industrial Co's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 14.11%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Pulstec Industrial Co's 3-Year ROIIC % or its related term are showing as below:
TSE:6894's 3-Year ROIIC % is ranked better than 67.91% of 2932
companies
in the Industrial Products industry
Industry Median: 3.45
vs TSE:6894: 14.11
Pulstec Industrial Co (TSE:6894) 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.
Pulstec Industrial Co 3-Year ROIIC % Related Terms
Pulstec Industrial Co 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Pulstec Industrial 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.
For the Electrical Equipment & Parts subindustry, Pulstec Industrial 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.
Pulstec Industrial Co 3-Year ROIIC % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Pulstec Industrial Co's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Pulstec Industrial 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.
Pulstec Industrial Co (TSE:6894) has a 3-Year ROIIC % of 14.11 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 Pulstec Industrial Co and its competitors. This is 49% above median its historical median of 9.47. According to the industry distribution chart, Pulstec Industrial Co ranks #941 out of 2932 companies in the Industrial Products industry, placing it in the top 32.1%.
Is Pulstec Industrial Co's 3-Year ROIIC % too high?
Pulstec Industrial Co's current 3-Year ROIIC % of 14.11 is 49% above median its 10-year median of 9.47. The Industrial Products industry median 3-Year ROIIC % is 3.45. Pulstec Industrial Co's value of 14.11 is 309% above this industry median. Based on the distribution chart, Pulstec Industrial Co ranks #941 out of 2932 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Pulstec Industrial Co has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pulstec Industrial Co's 3-Year ROIIC % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Pulstec Industrial Co ranks #941 out of 2932 companies for 3-Year ROIIC %. This puts Pulstec Industrial Co in the upper half of its industry. The industry median 3-Year ROIIC % is 3.45. Pulstec Industrial Co's value of 14.11 is 309% above this benchmark. While the company's 10-year median is 9.47 vs. the industry median of 3.45, Pulstec Industrial 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 an Industrial Products company?
The median 3-Year ROIIC % among Industrial Products companies is 3.45, based on 2,932 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. Pulstec Industrial Co's current 3-Year ROIIC % of 14.11 is 309% 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 Pulstec Industrial 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. Pulstec Industrial Co's current 3-Year ROIIC % is 14.11, which is 49% above median its own 10-year median of 9.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pulstec Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Pulstec Industrial Co (TSE:6894) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,761.88, compared to a current price of 円2,120.00 — trading 20.3% above its estimated fair value. The current 3-Year ROIIC % is 14.11, which is 49% above median its 10-year median of 9.47 and 309% above the Industrial Products industry median of 3.45. Pulstec Industrial Co's overall GF Score™ is 78/100 with 3 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 Pulstec Industrial Co (TSE:6894), the current 3-Year ROIIC % is 14.11 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 Pulstec Industrial Co (TSE:6894) Overvalued in 2026?
Based on GuruFocus' analysis, Pulstec Industrial Co stock appears to be overvalued.
The current stock price of 円2,120.00 is trading 20.3% above its estimated GF Value™ of 円1,761.88.
GuruFocus considers Pulstec Industrial Co to be Modestly Overvalued.
Key valuation signals for TSE:6894:
3-Year ROIIC %: 14.11 (49% above median its 10-year median of 9.47)
GF Value™: 円1,761.88 vs. price of 円2,120.00 (20.3% above fair value)
Industry Position: 309% above the Industrial Products median (#941 of 2932)
No single metric tells the full story. See the TSE:6894 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pulstec Industrial Co Ltd is a Japan-based company engaged in the manufacture and sale of electronic applied equipment and systems. Its products include X-ray application, optical application, optical disc, and scanner series. The company is also engaged in engaged in the manufacture and sale of portable X-ray residual stress measuring devices, healthcare, manufacturing of medical equipment, 3D scanners, various measurement, control and data processing devices, and other electronic application devices and equipment.
78GF Score
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