Nareru Group (TSE:9163) 3-Year ROIIC % : 34.93% (As of Oct. 2025) — 14% Above Median

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TSE:9163 Nareru Group Inc TSE:9163
56 GF Score
Price 円2,354.00
GF Value 円3,101.52
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Nareru Group 3-Year ROIIC %?

Nareru Group TSE:9163 -0.17% 56 3-Year ROIIC % is 34.93 as of Oct. 2025, which is 14% above its 10-year median of 30.66. GuruFocus rates TSE:9163 with a GF Score™ of 56/100 and a GF Value™ of 円3,101.52 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,693 Construction companies, Nareru Group ranks better than 83.7% 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. Nareru Group's 3-Year ROIIC % for the quarter that ended in Oct. 2025 was 34.93%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Nareru Group's 3-Year ROIIC % or its related term are showing as below:

TSE:9163's 3-Year ROIIC % is ranked better than
83.7% of 1693 companies
in the Construction industry
Industry Median: 4.63 vs TSE:9163: 34.93

Nareru Group  (TSE:9163) 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.


Nareru Group 3-Year ROIIC % Related Terms


Nareru Group 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Nareru Group'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.

Nareru Group 3-Year ROIIC % Chart

Nareru Group Annual Data
Trend Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
3-Year ROIIC %
Get a 7-Day Free Trial 0.00 0.00 0.00 26.39 34.93

Nareru Group Quarterly Data
Oct20 Oct21 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Oct24 Apr25 Jul25 Oct25 Jan26 Apr26
3-Year ROIIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 34.93 0.00 0.00

TSE:9163 vs PWR, FIX, EME: 3-Year ROIIC % Comparison

For the Engineering & Construction subindustry, Nareru Group'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.


Nareru Group 3-Year ROIIC % vs Construction Industry

For the Construction industry and Industrials sector, Nareru Group's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Nareru Group's 3-Year ROIIC % falls into.


TSE:9163
56GF Score
Nareru Group Inc TSE:9163
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nareru Group 3-Year ROIIC % Calculation

Nareru Group's 3-Year ROIIC % for the quarter that ended in Oct. 2025 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 2138.7141924 (Oct. 2025) - 1368.601795 (Oct. 2022) )/( 22558.622 (Oct. 2025) - 20353.952 (Oct. 2022) )
=770.1123974/2204.67
=34.93%***

* 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.

Frequently Asked Questions Learn more about 3-Year ROIIC % →
What does a 3-Year ROIIC % of 34.93 mean?
Nareru Group (TSE:9163) has a 3-Year ROIIC % of 34.93 as of Oct. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Nareru Group and its competitors. This is 14% above median its historical median of 30.66. Over the past decade, Nareru Group's 3-Year ROIIC % has ranged from 26.39 to 34.93. According to the industry distribution chart, Nareru Group ranks #276 out of 1693 companies in the Construction industry, placing it in the top 16.3%.
Is Nareru Group's 3-Year ROIIC % too high?
Nareru Group's current 3-Year ROIIC % of 34.93 is 14% above median its 10-year median of 30.66. Over the past 10 years, this metric has ranged from a low of 26.39 to a high of 34.93. The Construction industry median 3-Year ROIIC % is 4.63. Nareru Group's value of 34.93 is 654.4% above this industry median. Based on the distribution chart, Nareru Group ranks #276 out of 1693 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Nareru Group has a GF Score™ of 56/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nareru Group's 3-Year ROIIC % compare to PWR and FIX?
According to the Construction industry distribution chart, Nareru Group ranks #276 out of 1693 companies for 3-Year ROIIC %. This places Nareru Group in the top 16% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 4.63. Nareru Group's value of 34.93 is 654.4% above this benchmark. Historically, Nareru Group's own 3-Year ROIIC % has ranged from 26.39 to 34.93 over the past decade. While the company's 10-year median is 30.66 vs. the industry median of 4.63, Nareru Group 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 Construction company?
The median 3-Year ROIIC % among Construction companies is 4.63, based on 1,693 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. Nareru Group's current 3-Year ROIIC % of 34.93 is 654.4% 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 Nareru Group and its competitors. For the Construction industry, the median 3-Year ROIIC % is 4.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nareru Group's current 3-Year ROIIC % is 34.93, which is 14% above median its own 10-year median of 30.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nareru Group stock overvalued right now?
Based on GuruFocus' analysis, Nareru Group (TSE:9163) is currently considered Modestly Undervalued. The stock's GF Value™ is 円3,101.52, compared to a current price of 円2,354.00 — trading 24.1% below its estimated fair value. The current 3-Year ROIIC % is 34.93, which is 14% above median its 10-year median of 30.66 and 654.4% above the Construction industry median of 4.63. Nareru Group's overall GF Score™ is 56/100 with 1 warning sign 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 Nareru Group (TSE:9163), the current 3-Year ROIIC % is 34.93 as of Oct. 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 Nareru Group (TSE:9163) Overvalued in 2026?

Based on GuruFocus' analysis, Nareru Group stock appears to be undervalued. The current stock price of 円2,354.00 is trading 24.1% below its estimated GF Value™ of 円3,101.52. GuruFocus considers Nareru Group to be Modestly Undervalued.

Key valuation signals for TSE:9163:

  • 3-Year ROIIC %: 34.93 (14% above median its 10-year median of 30.66)
  • GF Value™: 円3,101.52 vs. price of 円2,354.00 (24.1% below fair value)
  • GF Score™: 56/100 with 1 warning sign
  • Industry Position: 654.4% above the Construction median (#276 of 1693)

No single metric tells the full story. See the TSE:9163 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nareru Group Business Description

Address 3-5 Nibancho, 3rd Floor, Kojimachi Mitsuha Building, Chiyoda-ku, Tokyo, JPN, 102-0084
Nareru Group Inc is engaged in the Dispatching service of construction engineers and computer engineers. The company provides services in the areas of architecture, civil engineering, air conditioning and sanitary, and electrical equipment.
56GF Score

Get the complete analysis for TSE:9163

3-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円2,354.00
Price
円3,101.52
GF Value