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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.
CMK's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 1.12%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for CMK's 3-Year ROIIC % or its related term are showing as below:
TSE:6958's 3-Year ROIIC % is ranked worse than 52.24% of 2370
companies
in the Hardware industry
Industry Median: 2.345
vs TSE:6958: 1.12
CMK (TSE:6958) 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.
CMK 3-Year ROIIC % Related Terms
CMK 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for CMK'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:6958 vs APH, GLW, TEL: 3-Year ROIIC % Comparison
For the Electronic Components subindustry, CMK'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.
CMK 3-Year ROIIC % vs Hardware Industry
For the Hardware industry and Technology sector, CMK's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where CMK's 3-Year ROIIC % falls into.
CMK'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**
=
( 2225.6604 (Mar. 2026) - 1814.2972 (Mar. 2023) )
/
( 114959 (Mar. 2026) - 78110 (Mar. 2023) )
=
411.3632
/
36849
=
1.12%***
* 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.
CMK (TSE:6958) has a 3-Year ROIIC % of 1.12 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 CMK and its competitors. According to the industry distribution chart, CMK ranks #1238 out of 2370 companies in the Hardware industry, placing it in the top 52.2%.
Is CMK's 3-Year ROIIC % too high?
CMK's current 3-Year ROIIC % is 1.12. The Hardware industry median 3-Year ROIIC % is 2.35. CMK's value of 1.12 is 52.2% below this industry median. Based on the distribution chart, CMK ranks #1238 out of 2370 companies in the Hardware industry, which is below the industry midpoint. Overall, CMK has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CMK's 3-Year ROIIC % compare to APH and GLW?
According to the Hardware industry distribution chart, CMK ranks #1238 out of 2370 companies for 3-Year ROIIC %. This places CMK in the lower half of its industry. The industry median 3-Year ROIIC % is 2.35. CMK's value of 1.12 is 52.2% below 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 a Hardware company?
The median 3-Year ROIIC % among Hardware companies is 2.35, based on 2,370 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. CMK's current 3-Year ROIIC % of 1.12 is 52.2% below 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 CMK and its competitors. For the Hardware industry, the median 3-Year ROIIC % is 2.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CMK's current 3-Year ROIIC % is 1.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CMK stock overvalued right now?
Based on GuruFocus' analysis, CMK (TSE:6958) is currently considered Modestly Overvalued. The stock's GF Value™ is 円522.35, compared to a current price of 円578.00 — trading 10.7% above its estimated fair value. The current 3-Year ROIIC % is 1.12 and 52.2% below the Hardware industry median of 2.35. CMK's overall GF Score™ is 73/100 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 CMK (TSE:6958), the current 3-Year ROIIC % is 1.12 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 CMK (TSE:6958) Overvalued in 2026?
Based on GuruFocus' analysis, CMK stock appears to be overvalued.
The current stock price of 円578.00 is trading 10.7% above its estimated GF Value™ of 円522.35.
GuruFocus considers CMK to be Modestly Overvalued.
Key valuation signals for TSE:6958:
3-Year ROIIC %: 1.12
GF Value™: 円522.35 vs. price of 円578.00 (10.7% above fair value)
Industry Position: 52.2% below the Hardware median (#1238 of 2370)
No single metric tells the full story. See the TSE:6958 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CMK Corp engages in manufacturing, development, production, and marketing of printed circuit boards and electronic devices for a consumer and industrial use. Its product portfolio includes super fine PPBU, Craft, SEPT series, Zerowarp, CMK automotive printed wiring board, Cu inlay printed wiring board, Rigid Flex Series, ALIVH series, E-Spec environmentally friendly printed wiring boards, IVH multilayer printed wiring boards, through-hole multilayer printed wiring boards, and Double sided through-hole printed wiring boards. Its products are used in automobiles, digital cameras, video cameras, mobile communication devices, and audio-video visual equipments.
73GF Score
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