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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.
TOIN's 3-Year ROIIC % for the quarter that ended in Mar. 2025 was 33.27%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for TOIN's 3-Year ROIIC % or its related term are showing as below:
TSE:7923's 3-Year ROIIC % is not ranked
in the Packaging & Containers industry.
Industry Median: 1.35
vs TSE:7923: 33.27
TOIN (TSE:7923) 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.
TOIN 3-Year ROIIC % Related Terms
TOIN 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for TOIN'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:7923 vs SW, PKG, IP: 3-Year ROIIC % Comparison
For the Packaging & Containers subindustry, TOIN'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.
TOIN 3-Year ROIIC % vs Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, TOIN's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where TOIN's 3-Year ROIIC % falls into.
TOIN's 3-Year ROIIC % for the quarter that ended in Mar. 2025 is calculated as:
3-Year ROIIC %
=
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( 662.533072 (Mar. 2025) - -97.55 (Mar. 2022) )
/
( 16566.673 (Mar. 2025) - 14282.084 (Mar. 2022) )
=
760.083072
/
2284.589
=
33.27%***
* 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.
TOIN (TSE:7923) has a 3-Year ROIIC % of 33.27 as of Mar. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on TOIN and its competitors. This is 138% above median its historical median of 13.97.
Is TOIN's 3-Year ROIIC % too high?
TOIN's current 3-Year ROIIC % of 33.27 is 138% above median its 10-year median of 13.97. The Packaging & Containers industry median 3-Year ROIIC % is 1.35. TOIN's value of 33.27 is 2364.4% above this industry median. Overall, TOIN has a GF Score™ of 50/100, reflecting its overall financial health beyond just this single metric.
How does TOIN's 3-Year ROIIC % compare to SW and PKG?
TOIN's 3-Year ROIIC % of 33.27 can be compared against companies in the Packaging & Containers industry. The industry median 3-Year ROIIC % is 1.35. TOIN's value of 33.27 is 2364.4% above this benchmark. While the company's 10-year median is 13.97 vs. the industry median of 1.35, TOIN 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 Packaging & Containers company?
The median 3-Year ROIIC % among Packaging & Containers companies is 1.35, based on 385 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. TOIN's current 3-Year ROIIC % of 33.27 is 2364.4% 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 TOIN and its competitors. For the Packaging & Containers industry, the median 3-Year ROIIC % is 1.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TOIN's current 3-Year ROIIC % is 33.27, which is 138% above median its own 10-year median of 13.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TOIN stock overvalued right now?
TOIN (TSE:7923) has a current 3-Year ROIIC % of 33.27. The stock's GF Value™ is 円719.30, compared to a current price of 円1,178.00 — trading 63.8% above its estimated fair value. The current 3-Year ROIIC % is 33.27, which is 138% above median its 10-year median of 13.97 and 2364.4% above the Packaging & Containers industry median of 1.35. TOIN's overall GF Score™ is 50/100 with 8 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 TOIN (TSE:7923), the current 3-Year ROIIC % is 33.27 as of Mar. 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 TOIN (TSE:7923) Overvalued in 2026?
Based on GuruFocus' analysis, TOIN stock appears to be overvalued.
The current stock price of 円1,178.00 is trading 63.8% above its estimated GF Value™ of 円719.30.
Key valuation signals for TSE:7923:
3-Year ROIIC %: 33.27 (138% above median its 10-year median of 13.97)
GF Value™: 円719.30 vs. price of 円1,178.00 (63.8% above fair value)
Industry Position: 2364.4% above the Packaging & Containers median
No single metric tells the full story. See the TSE:7923 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TOIN Corp is engaged in manufacturing of paper containers like food, confectionary, cosmetics, pharmaceuticals, and resin packages. The company is also engaged in the manufacture and sale of labels, contract packaging of quasi-drugs, and food, and precision coating contract work for electronic equipment components such as functional films, and is working to expand its business in a diversified manner based on printing technology.
50GF Score
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