Forval RealStraight (TSE:9423) 3-Year ROIIC % : -2.12% (As of Mar. 2026)

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TSE:9423 Forval RealStraight Inc TSE:9423
75 GF Score
Price 円104.00
GF Value 円157.38
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Forval RealStraight 3-Year ROIIC %?

Forval RealStraight TSE:9423 -0.95% 75 3-Year ROIIC % is -2.12 as of Mar. 2026. GuruFocus rates TSE:9423 with a GF Score™ of 75/100 and a GF Value™ of 円157.38 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,664 Real Estate companies, Forval RealStraight ranks worse than 68.15% 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. Forval RealStraight's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was -2.12%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

TSE:9423's 3-Year ROIIC % is ranked worse than
68.15% of 1664 companies
in the Real Estate industry
Industry Median: 2.365 vs TSE:9423: -2.12

Forval RealStraight  (TSE:9423) 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.


Forval RealStraight 3-Year ROIIC % Related Terms


Forval RealStraight 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Forval RealStraight'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.

Forval RealStraight 3-Year ROIIC % Chart

Forval RealStraight Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 365.31 58.47 45.81 33.64 -2.12

Forval RealStraight Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 Premium Member Only Premium Member Only Premium Member Only 45.81 0.00 33.64 0.00 -2.12

TSE:9423 vs CBRE, BEKE, JLL: 3-Year ROIIC % Comparison

For the Real Estate Services subindustry, Forval RealStraight'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.


Forval RealStraight 3-Year ROIIC % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Forval RealStraight's 3-Year ROIIC % distribution charts can be found below:

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


TSE:9423
75GF Score
Forval RealStraight Inc TSE:9423
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Forval RealStraight 3-Year ROIIC % Calculation

Forval RealStraight'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**
=( 104.1391116 (Mar. 2026) - 106.3118086 (Mar. 2023) )/( 361.507 (Mar. 2026) - 258.924 (Mar. 2023) )
=-2.172697/102.583
=-2.12%***

* 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 -2.12 mean?
Forval RealStraight (TSE:9423) has a 3-Year ROIIC % of -2.12 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 Forval RealStraight and its competitors. According to the industry distribution chart, Forval RealStraight ranks #1134 out of 1664 companies in the Real Estate industry, placing it in the top 68.1%.
Is Forval RealStraight's 3-Year ROIIC % too high?
Forval RealStraight's current 3-Year ROIIC % is -2.12. Based on the distribution chart, Forval RealStraight ranks #1134 out of 1664 companies in the Real Estate industry, which is below the industry midpoint. Overall, Forval RealStraight has a GF Score™ of 75/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Forval RealStraight's 3-Year ROIIC % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Forval RealStraight ranks #1134 out of 1664 companies for 3-Year ROIIC %. This places Forval RealStraight in the lower half of its industry. The industry median 3-Year ROIIC % is 2.37. 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 Real Estate company?
The median 3-Year ROIIC % among Real Estate companies is 2.37, based on 1,664 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. 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 Forval RealStraight and its competitors. For the Real Estate 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. Forval RealStraight's current 3-Year ROIIC % is -2.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forval RealStraight stock overvalued right now?
Based on GuruFocus' analysis, Forval RealStraight (TSE:9423) is currently considered Significantly Undervalued. The stock's GF Value™ is 円157.38, compared to a current price of 円104.00 — trading 33.9% below its estimated fair value. The current 3-Year ROIIC % is -2.12. Forval RealStraight's overall GF Score™ is 75/100 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 Forval RealStraight (TSE:9423), the current 3-Year ROIIC % is -2.12 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 Forval RealStraight (TSE:9423) Overvalued in 2026?

Based on GuruFocus' analysis, Forval RealStraight stock appears to be undervalued. The current stock price of 円104.00 is trading 33.9% below its estimated GF Value™ of 円157.38. GuruFocus considers Forval RealStraight to be Significantly Undervalued.

Key valuation signals for TSE:9423:

  • 3-Year ROIIC %: -2.12
  • GF Value™: 円157.38 vs. price of 円104.00 (33.9% below fair value)
  • GF Score™: 75/100 with 3 warning signs

No single metric tells the full story. See the TSE:9423 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Forval RealStraight Business Description

Address 3-23-2 Kanda Jinbocho, Kinmei Building 4th Floor, Chiyoda-ku, Tokyo, JPN, 101-0051
Forval RealStraight Inc is a real estate service provider. The business of the company includes real estate brokerage, office relocation support services, and sales of OA communication equipment.
75GF Score

Get the complete analysis for TSE:9423

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

円104.00
Price
円157.38
GF Value