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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.
Hiroshima Electric Railway Co's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 15.15%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
TSE:9033's 3-Year ROIIC % is ranked better than 74.18% of 941
companies
in the Transportation industry
Industry Median: 1.95
vs TSE:9033: 15.15
Hiroshima Electric Railway Co (TSE:9033) 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.
Hiroshima Electric Railway Co 3-Year ROIIC % Related Terms
Hiroshima Electric Railway Co 3-Year ROIIC % Historical Data
* 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.
Hiroshima Electric Railway Co 3-Year ROIIC % Chart
TSE:9033 vs UNP, CSX, NSC: 3-Year ROIIC % Comparison
For the Railroads subindustry, Hiroshima Electric Railway 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.
Hiroshima Electric Railway Co 3-Year ROIIC % vs Transportation Industry
For the Transportation industry and Industrials sector, Hiroshima Electric Railway Co's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Hiroshima Electric Railway Co's 3-Year ROIIC % falls into.
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( -259.84 (Mar. 2026) - -2705.9097 (Mar. 2023) )
/
( 113265 (Mar. 2026) - 97118 (Mar. 2023) )
=
2446.0697
/
16147
=
15.15%***
* 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.
Hiroshima Electric Railway Co (TSE:9033) has a 3-Year ROIIC % of 15.15 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 Hiroshima Electric Railway Co and its competitors. This is 96% above median its historical median of 7.73. According to the industry distribution chart, Hiroshima Electric Railway Co ranks #243 out of 941 companies in the Transportation industry, placing it in the top 25.8%.
Is Hiroshima Electric Railway Co's 3-Year ROIIC % too high?
Hiroshima Electric Railway Co's current 3-Year ROIIC % of 15.15 is 96% above median its 10-year median of 7.73. The Transportation industry median 3-Year ROIIC % is 1.95. Hiroshima Electric Railway Co's value of 15.15 is 676.9% above this industry median. Based on the distribution chart, Hiroshima Electric Railway Co ranks #243 out of 941 companies in the Transportation industry, which is above the industry midpoint. Overall, Hiroshima Electric Railway Co has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hiroshima Electric Railway Co's 3-Year ROIIC % compare to UNP and CSX?
According to the Transportation industry distribution chart, Hiroshima Electric Railway Co ranks #243 out of 941 companies for 3-Year ROIIC %. This puts Hiroshima Electric Railway Co in the upper half of its industry. The industry median 3-Year ROIIC % is 1.95. Hiroshima Electric Railway Co's value of 15.15 is 676.9% above this benchmark. While the company's 10-year median is 7.73 vs. the industry median of 1.95, Hiroshima Electric Railway 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 Transportation company?
The median 3-Year ROIIC % among Transportation companies is 1.95, based on 941 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. Hiroshima Electric Railway Co's current 3-Year ROIIC % of 15.15 is 676.9% 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 Hiroshima Electric Railway Co and its competitors. For the Transportation industry, the median 3-Year ROIIC % is 1.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hiroshima Electric Railway Co's current 3-Year ROIIC % is 15.15, which is 96% above median its own 10-year median of 7.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hiroshima Electric Railway Co stock overvalued right now?
Based on GuruFocus' analysis, Hiroshima Electric Railway Co (TSE:9033) is currently considered Modestly Undervalued. The stock's GF Value™ is 円782.78, compared to a current price of 円622.00 — trading 20.5% below its estimated fair value. The current 3-Year ROIIC % is 15.15, which is 96% above median its 10-year median of 7.73 and 676.9% above the Transportation industry median of 1.95. Hiroshima Electric Railway Co's overall GF Score™ is 65/100 with 4 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 Hiroshima Electric Railway Co (TSE:9033), the current 3-Year ROIIC % is 15.15 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 Hiroshima Electric Railway Co (TSE:9033) Overvalued in 2026?
Based on GuruFocus' analysis, Hiroshima Electric Railway Co stock appears to be undervalued.
The current stock price of 円622.00 is trading 20.5% below its estimated GF Value™ of 円782.78.
GuruFocus considers Hiroshima Electric Railway Co to be Modestly Undervalued.
Key valuation signals for TSE:9033:
3-Year ROIIC %: 15.15 (96% above median its 10-year median of 7.73)
GF Value™: 円782.78 vs. price of 円622.00 (20.5% below fair value)
Industry Position: 676.9% above the Transportation median (#243 of 941)
No single metric tells the full story. See the TSE:9033 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hiroshima Electric Railway Co Business Description
Hiroshima Electric Railway Co Ltd operates in various sectors such as Transportation which includes railway and railroad business, Bus business, ropeway, air transport agency, and hire business; Distribution business includes merchandise sales; Real estate business includes rental and sales business; Construction includes civil engineering, telecommunication construction; and Leisure business includes catering, bowling, golf and travel business.
65GF Score
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3-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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