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ASAX CoTSE:8772 -0.71%78 3-Year ROIIC % is 3.62 as of Mar. 2026, which is 83% above its 10-year median of 1.98. GuruFocus rates TSE:8772 with a GF Score™ of 78/100 and a GF Value™ of 円979.79 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 46 Banks companies, ASAX Co ranks better than 58.7% 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.
ASAX Co's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 3.62%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for ASAX Co's 3-Year ROIIC % or its related term are showing as below:
TSE:8772's 3-Year ROIIC % is ranked better than 58.7% of 46
companies
in the Banks industry
Industry Median: 2.37
vs TSE:8772: 3.62
ASAX Co (TSE:8772) 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.
ASAX Co 3-Year ROIIC % Related Terms
ASAX Co 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for ASAX 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:8772 vs RKT, FNMA, PFSI: 3-Year ROIIC % Comparison
For the Mortgage Finance subindustry, ASAX 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.
ASAX Co 3-Year ROIIC % vs Banks Industry
For the Banks industry and Financial Services sector, ASAX Co's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where ASAX 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.
ASAX Co (TSE:8772) has a 3-Year ROIIC % of 3.62 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 ASAX Co and its competitors. This is 83% above median its historical median of 1.98. According to the industry distribution chart, ASAX Co ranks #19 out of 46 companies in the Banks industry, placing it in the top 41.3%.
Is ASAX Co's 3-Year ROIIC % too high?
ASAX Co's current 3-Year ROIIC % of 3.62 is 83% above median its 10-year median of 1.98. The Banks industry median 3-Year ROIIC % is 2.37. ASAX Co's value of 3.62 is 52.7% above this industry median. Based on the distribution chart, ASAX Co ranks #19 out of 46 companies in the Banks industry, which is above the industry midpoint. Overall, ASAX Co has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ASAX Co's 3-Year ROIIC % compare to RKT and FNMA?
According to the Banks industry distribution chart, ASAX Co ranks #19 out of 46 companies for 3-Year ROIIC %. This puts ASAX Co in the upper half of its industry. The industry median 3-Year ROIIC % is 2.37. ASAX Co's value of 3.62 is 52.7% above this benchmark. While the company's 10-year median is 1.98 vs. the industry median of 2.37, ASAX 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 a Banks company?
The median 3-Year ROIIC % among Banks companies is 2.37, based on 46 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. ASAX Co's current 3-Year ROIIC % of 3.62 is 52.7% 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 ASAX Co and its competitors. For the Banks industry, the median 3-Year ROIIC % is 2.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ASAX Co's current 3-Year ROIIC % is 3.62, which is 83% above median its own 10-year median of 1.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ASAX Co stock overvalued right now?
Based on GuruFocus' analysis, ASAX Co (TSE:8772) is currently considered Modestly Undervalued. The stock's GF Value™ is 円979.79, compared to a current price of 円836.00 — trading 14.7% below its estimated fair value. The current 3-Year ROIIC % is 3.62, which is 83% above median its 10-year median of 1.98 and 52.7% above the Banks industry median of 2.37. ASAX 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 ASAX Co (TSE:8772), the current 3-Year ROIIC % is 3.62 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 ASAX Co (TSE:8772) Overvalued in 2026?
Based on GuruFocus' analysis, ASAX Co stock appears to be undervalued.
The current stock price of 円836.00 is trading 14.7% below its estimated GF Value™ of 円979.79.
GuruFocus considers ASAX Co to be Modestly Undervalued.
Key valuation signals for TSE:8772:
3-Year ROIIC %: 3.62 (83% above median its 10-year median of 1.98)
GF Value™: 円979.79 vs. price of 円836.00 (14.7% below fair value)
Industry Position: 52.7% above the Banks median (#19 of 46)
No single metric tells the full story. See the TSE:8772 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ASAX Co Ltd is a real estate secured loan provider. The company provides Real estate secured loans for businesses, Real estate secured loans for individuals, Property sale bridge loan, Real estate purchase/construction loan, and Real Estate agent loans.
78GF Score
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