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NITCHITSU CoTSE:7021 +0.19%64 3-Year ROIIC % is 6.54 as of Mar. 2026, which is 52% below its 10-year median of 13.70. GuruFocus rates TSE:7021 with a GF Score™ of 64/100 and a GF Value™ of 円1,950.98 (Fairly Valued). The stock has 5 warning signs investors should review. Among 2,925 Industrial Products companies, NITCHITSU Co ranks better than 55.97% 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.
NITCHITSU Co's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 6.54%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for NITCHITSU Co's 3-Year ROIIC % or its related term are showing as below:
TSE:7021's 3-Year ROIIC % is ranked better than 55.97% of 2925
companies
in the Industrial Products industry
Industry Median: 3.47
vs TSE:7021: 6.54
NITCHITSU Co (TSE:7021) 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.
NITCHITSU Co 3-Year ROIIC % Related Terms
NITCHITSU Co 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for NITCHITSU 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.
TSE:7021 vs GEV, ETN, PH: 3-Year ROIIC % Comparison
For the Specialty Industrial Machinery subindustry, NITCHITSU 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.
NITCHITSU Co 3-Year ROIIC % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, NITCHITSU Co's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where NITCHITSU Co's 3-Year ROIIC % falls into.
NITCHITSU Co'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**
=
( 175.605165 (Mar. 2026) - -38.997 (Mar. 2023) )
/
( 13237.084 (Mar. 2026) - 9954.153 (Mar. 2023) )
=
214.602165
/
3282.931
=
6.54%***
* 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.
NITCHITSU Co (TSE:7021) has a 3-Year ROIIC % of 6.54 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 NITCHITSU Co and its competitors. This is 52% below median its historical median of 13.70. According to the industry distribution chart, NITCHITSU Co ranks #1288 out of 2925 companies in the Industrial Products industry, placing it in the top 44%.
Is NITCHITSU Co's 3-Year ROIIC % too high?
NITCHITSU Co's current 3-Year ROIIC % of 6.54 is 52% below median its 10-year median of 13.70. The Industrial Products industry median 3-Year ROIIC % is 3.47. NITCHITSU Co's value of 6.54 is 88.5% above this industry median. Based on the distribution chart, NITCHITSU Co ranks #1288 out of 2925 companies in the Industrial Products industry, which is above the industry midpoint. Overall, NITCHITSU Co has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does NITCHITSU Co's 3-Year ROIIC % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, NITCHITSU Co ranks #1288 out of 2925 companies for 3-Year ROIIC %. This puts NITCHITSU Co in the upper half of its industry. The industry median 3-Year ROIIC % is 3.47. NITCHITSU Co's value of 6.54 is 88.5% above this benchmark. While the company's 10-year median is 13.70 vs. the industry median of 3.47, NITCHITSU 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 3.47, based on 2,925 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. NITCHITSU Co's current 3-Year ROIIC % of 6.54 is 88.5% 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 NITCHITSU Co and its competitors. For the Industrial Products industry, the median 3-Year ROIIC % is 3.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NITCHITSU Co's current 3-Year ROIIC % is 6.54, which is 52% below median its own 10-year median of 13.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NITCHITSU Co stock overvalued right now?
Based on GuruFocus' analysis, NITCHITSU Co (TSE:7021) is currently considered Fairly Valued. The stock's GF Value™ is 円1,950.98, compared to a current price of 円2,151.00 — trading 10.3% above its estimated fair value. The current 3-Year ROIIC % is 6.54, which is 52% below median its 10-year median of 13.70 and 88.5% above the Industrial Products industry median of 3.47. NITCHITSU Co's overall GF Score™ is 64/100 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 NITCHITSU Co (TSE:7021), the current 3-Year ROIIC % is 6.54 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 NITCHITSU Co (TSE:7021) Overvalued in 2026?
Based on GuruFocus' analysis, NITCHITSU Co stock appears to be overvalued.
The current stock price of 円2,151.00 is trading 10.3% above its estimated GF Value™ of 円1,950.98.
GuruFocus considers NITCHITSU Co to be Fairly Valued.
Key valuation signals for TSE:7021:
3-Year ROIIC %: 6.54 (52% below median its 10-year median of 13.70)
GF Value™: 円1,950.98 vs. price of 円2,151.00 (10.3% above fair value)
Industry Position: 88.5% above the Industrial Products median (#1288 of 2925)
No single metric tells the full story. See the TSE:7021 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NITCHITSU Co Ltd is a diversified industrial machinery manufacturing company. It is organized into four business units - Machinery related business, Resource related business, Real estate-related business, and Material related business. The Machinery related business manufactures and sells air preheaters and their elements, marine equipment and industrial equipment. The Resource business is engaged in the mining, processing and selling of crystalline limestone. The Real estate-related business is engaged in property leasing activities. The Material division manufactures and sells heat-resistant paints and purchases, processes and sell of linatex.
64GF Score
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