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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.
Niigata Kotsu Co's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 13.63%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Niigata Kotsu Co's 3-Year ROIIC % or its related term are showing as below:
TSE:9017's 3-Year ROIIC % is ranked better than 71.96% of 938
companies
in the Transportation industry
Industry Median: 2.005
vs TSE:9017: 13.63
Niigata Kotsu Co (TSE:9017) 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.
Niigata Kotsu Co 3-Year ROIIC % Related Terms
Niigata Kotsu Co 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Niigata Kotsu 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:9017 vs UNP, CSX, NSC: 3-Year ROIIC % Comparison
For the Railroads subindustry, Niigata Kotsu 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.
Niigata Kotsu Co 3-Year ROIIC % vs Transportation Industry
For the Transportation industry and Industrials sector, Niigata Kotsu Co's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Niigata Kotsu 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.
Niigata Kotsu Co (TSE:9017) has a 3-Year ROIIC % of 13.63 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 Niigata Kotsu Co and its competitors. According to the industry distribution chart, Niigata Kotsu Co ranks #263 out of 938 companies in the Transportation industry, placing it in the top 28%.
Is Niigata Kotsu Co's 3-Year ROIIC % too high?
Niigata Kotsu Co's current 3-Year ROIIC % is 13.63. The Transportation industry median 3-Year ROIIC % is 2.01. Niigata Kotsu Co's value of 13.63 is 579.8% above this industry median. Based on the distribution chart, Niigata Kotsu Co ranks #263 out of 938 companies in the Transportation industry, which is above the industry midpoint. Overall, Niigata Kotsu Co has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Niigata Kotsu Co's 3-Year ROIIC % compare to UNP and CSX?
According to the Transportation industry distribution chart, Niigata Kotsu Co ranks #263 out of 938 companies for 3-Year ROIIC %. This puts Niigata Kotsu Co in the upper half of its industry. The industry median 3-Year ROIIC % is 2.01. Niigata Kotsu Co's value of 13.63 is 579.8% above 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 Transportation company?
The median 3-Year ROIIC % among Transportation companies is 2.01, based on 938 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. Niigata Kotsu Co's current 3-Year ROIIC % of 13.63 is 579.8% 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 Niigata Kotsu Co and its competitors. For the Transportation industry, the median 3-Year ROIIC % is 2.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Niigata Kotsu Co's current 3-Year ROIIC % is 13.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Niigata Kotsu Co stock overvalued right now?
Based on GuruFocus' analysis, Niigata Kotsu Co (TSE:9017) is currently considered Fairly Valued. The stock's GF Value™ is 円2,193.16, compared to a current price of 円2,001.00 — trading 8.8% below its estimated fair value. The current 3-Year ROIIC % is 13.63 and 579.8% above the Transportation industry median of 2.01. Niigata Kotsu Co's overall GF Score™ is 67/100 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 Niigata Kotsu Co (TSE:9017), the current 3-Year ROIIC % is 13.63 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 Niigata Kotsu Co (TSE:9017) Overvalued in 2026?
Based on GuruFocus' analysis, Niigata Kotsu Co stock appears to be undervalued.
The current stock price of 円2,001.00 is trading 8.8% below its estimated GF Value™ of 円2,193.16.
GuruFocus considers Niigata Kotsu Co to be Fairly Valued.
Key valuation signals for TSE:9017:
3-Year ROIIC %: 13.63
GF Value™: 円2,193.16 vs. price of 円2,001.00 (8.8% below fair value)
Industry Position: 579.8% above the Transportation median (#263 of 938)
No single metric tells the full story. See the TSE:9017 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Niigata Kotsu Co Ltd provides passenger transport services in Japan. The company's core business activities are categorised into four key segments - Transport, Real Estate, Products Sales, and Ryokan Business. The majority of its revenue is derived from the Transport business segment. It offers stagecoach bus and coach services; hotel and restaurant services; advertising agency services; air transport agency services. In addition, the company is involved in the parking lot management.
67GF Score
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