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Traders Holdings CoTSE:8704 +3.66%85 3-Year ROIIC % is 1.25 as of Mar. 2026, which is 59% below its 10-year median of 3.06. GuruFocus rates TSE:8704 with a GF Score™ of 85/100 and a GF Value™ of 円1,041.59 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 658 Capital Markets companies, Traders Holdings Co ranks worse than 54.26% 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.
Traders Holdings Co's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 1.25%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Traders Holdings Co's 3-Year ROIIC % or its related term are showing as below:
TSE:8704's 3-Year ROIIC % is ranked worse than 54.26% of 658
companies
in the Capital Markets industry
Industry Median: 2.645
vs TSE:8704: 1.25
Traders Holdings Co (TSE:8704) 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.
Traders Holdings Co 3-Year ROIIC % Related Terms
Traders Holdings Co 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Traders Holdings 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:8704 vs MS, GS, SCHW: 3-Year ROIIC % Comparison
For the Capital Markets subindustry, Traders Holdings 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.
Traders Holdings Co 3-Year ROIIC % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Traders Holdings Co's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Traders Holdings Co's 3-Year ROIIC % falls into.
Traders Holdings 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**
=
( 4244.5304 (Mar. 2026) - 3319.9425 (Mar. 2023) )
/
( 156086 (Mar. 2026) - 82251 (Mar. 2023) )
=
924.5879
/
73835
=
1.25%***
* 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.
Traders Holdings Co (TSE:8704) has a 3-Year ROIIC % of 1.25 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 Traders Holdings Co and its competitors. This is 59% below median its historical median of 3.06. According to the industry distribution chart, Traders Holdings Co ranks #357 out of 658 companies in the Capital Markets industry, placing it in the top 54.3%.
Is Traders Holdings Co's 3-Year ROIIC % too high?
Traders Holdings Co's current 3-Year ROIIC % of 1.25 is 59% below median its 10-year median of 3.06. The Capital Markets industry median 3-Year ROIIC % is 2.65. Traders Holdings Co's value of 1.25 is 52.7% below this industry median. Based on the distribution chart, Traders Holdings Co ranks #357 out of 658 companies in the Capital Markets industry, which is below the industry midpoint. Overall, Traders Holdings Co has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Traders Holdings Co's 3-Year ROIIC % compare to MS and GS?
According to the Capital Markets industry distribution chart, Traders Holdings Co ranks #357 out of 658 companies for 3-Year ROIIC %. This places Traders Holdings Co in the lower half of its industry. The industry median 3-Year ROIIC % is 2.65. Traders Holdings Co's value of 1.25 is 52.7% below this benchmark. While the company's 10-year median is 3.06 vs. the industry median of 2.65, Traders Holdings Co has consistently been below 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 Capital Markets company?
The median 3-Year ROIIC % among Capital Markets companies is 2.65, based on 658 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. Traders Holdings Co's current 3-Year ROIIC % of 1.25 is 52.7% 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 Traders Holdings Co and its competitors. For the Capital Markets industry, the median 3-Year ROIIC % is 2.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Traders Holdings Co's current 3-Year ROIIC % is 1.25, which is 59% below median its own 10-year median of 3.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Traders Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Traders Holdings Co (TSE:8704) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,041.59, compared to a current price of 円1,247.00 — trading 19.7% above its estimated fair value. The current 3-Year ROIIC % is 1.25, which is 59% below median its 10-year median of 3.06 and 52.7% below the Capital Markets industry median of 2.65. Traders Holdings Co's overall GF Score™ is 85/100 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 Traders Holdings Co (TSE:8704), the current 3-Year ROIIC % is 1.25 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 Traders Holdings Co (TSE:8704) Overvalued in 2026?
Based on GuruFocus' analysis, Traders Holdings Co stock appears to be overvalued.
The current stock price of 円1,247.00 is trading 19.7% above its estimated GF Value™ of 円1,041.59.
GuruFocus considers Traders Holdings Co to be Modestly Overvalued.
Key valuation signals for TSE:8704:
3-Year ROIIC %: 1.25 (59% below median its 10-year median of 3.06)
GF Value™: 円1,041.59 vs. price of 円1,247.00 (19.7% above fair value)
Industry Position: 52.7% below the Capital Markets median (#357 of 658)
No single metric tells the full story. See the TSE:8704 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Traders Holdings Co Ltd is a holding company engaged in the provision of financial services. Through its subsidiaries, it offers foreign exchange and securities trading services. Its services comprise futures and options trading, spot trading, financial brokerage services, and online securities trading services, among others.
85GF Score
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