San Holdings (TSE:9628) 3-Year ROIIC % : 2.61% (As of Mar. 2025) — 90% Below Median

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TSE:9628 San Holdings Inc TSE:9628
79 GF Score
Price 円1,482.00
GF Value 円2,111.79
Valuation Significantly Undervalued
! 5 Warning Signs
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What is San Holdings 3-Year ROIIC %?

San Holdings TSE:9628 +3.71% 79 3-Year ROIIC % is 2.61 as of Mar. 2025, which is 90% below its 10-year median of 27.10. GuruFocus rates TSE:9628 with a GF Score™ of 79/100 and a GF Value™ of 円2,111.79 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 87 Personal Services companies, San Holdings ranks worse than 52.87% 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. San Holdings's 3-Year ROIIC % for the quarter that ended in Mar. 2025 was 2.61%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

TSE:9628's 3-Year ROIIC % is ranked worse than
52.87% of 87 companies
in the Personal Services industry
Industry Median: 2.92 vs TSE:9628: 2.61

San Holdings  (TSE:9628) 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.


San Holdings 3-Year ROIIC % Related Terms


San Holdings 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for San Holdings'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.

San Holdings 3-Year ROIIC % Chart

San Holdings 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 -20.81 104.48 50.87 2.61 0.00

San Holdings 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 50.87 0.00 2.61 0.00 0.00

TSE:9628 vs ROL, SCI, HRB: 3-Year ROIIC % Comparison

For the Personal Services subindustry, San Holdings'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.


San Holdings 3-Year ROIIC % vs Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, San Holdings's 3-Year ROIIC % distribution charts can be found below:

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


TSE:9628
79GF Score
San Holdings Inc TSE:9628
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

San Holdings 3-Year ROIIC % Calculation

San Holdings's 3-Year ROIIC % for the quarter that ended in Mar. 2025 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 2873.375 (Mar. 2025) - 2174.6592 (Mar. 2022) )/( 52646 (Mar. 2025) - 25907 (Mar. 2022) )
=698.7158/26739
=2.61%***

* 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 2.61 mean?
San Holdings (TSE:9628) has a 3-Year ROIIC % of 2.61 as of Mar. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on San Holdings and its competitors. This is 90% below median its historical median of 27.10. According to the industry distribution chart, San Holdings ranks #46 out of 87 companies in the Personal Services industry, placing it in the top 52.9%.
Is San Holdings' 3-Year ROIIC % too high?
San Holdings' current 3-Year ROIIC % of 2.61 is 90% below median its 10-year median of 27.10. The Personal Services industry median 3-Year ROIIC % is 2.92. San Holdings' value of 2.61 is 10.6% below this industry median. Based on the distribution chart, San Holdings ranks #46 out of 87 companies in the Personal Services industry, which is below the industry midpoint. Overall, San Holdings has a GF Score™ of 79/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does San Holdings' 3-Year ROIIC % compare to ROL and SCI?
According to the Personal Services industry distribution chart, San Holdings ranks #46 out of 87 companies for 3-Year ROIIC %. This places San Holdings in the lower half of its industry. The industry median 3-Year ROIIC % is 2.92. San Holdings' value of 2.61 is 10.6% below this benchmark. While the company's 10-year median is 27.10 vs. the industry median of 2.92, San Holdings has consistently been below 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 Personal Services company?
The median 3-Year ROIIC % among Personal Services companies is 2.92, based on 87 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. San Holdings's current 3-Year ROIIC % of 2.61 is 10.6% below 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 San Holdings and its competitors. For the Personal Services industry, the median 3-Year ROIIC % is 2.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. San Holdings's current 3-Year ROIIC % is 2.61, which is 90% below median its own 10-year median of 27.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is San Holdings stock overvalued right now?
Based on GuruFocus' analysis, San Holdings (TSE:9628) is currently considered Significantly Undervalued. The stock's GF Value™ is 円2,111.79, compared to a current price of 円1,482.00 — trading 29.8% below its estimated fair value. The current 3-Year ROIIC % is 2.61, which is 90% below median its 10-year median of 27.10 and 10.6% below the Personal Services industry median of 2.92. San Holdings' overall GF Score™ is 79/100 with 5 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 San Holdings (TSE:9628), the current 3-Year ROIIC % is 2.61 as of Mar. 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 San Holdings (TSE:9628) Overvalued in 2026?

Based on GuruFocus' analysis, San Holdings stock appears to be undervalued. The current stock price of 円1,482.00 is trading 29.8% below its estimated GF Value™ of 円2,111.79. GuruFocus considers San Holdings to be Significantly Undervalued.

Key valuation signals for TSE:9628:

  • 3-Year ROIIC %: 2.61 (90% below median its 10-year median of 27.10)
  • GF Value™: 円2,111.79 vs. price of 円1,482.00 (29.8% below fair value)
  • GF Score™: 79/100 with 5 warning signs
  • Industry Position: 10.6% below the Personal Services median (#46 of 87)

No single metric tells the full story. See the TSE:9628 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


San Holdings Business Description

Address 1-1-1 Minami Aoyama, Shin-Aoyama Building, West Wing 14th floor, Minato-ku, Tokyo, JPN
San Holdings Inc is a Japan-based holding company along with its subsidiaries the firm is engaged in funerary business. It arranges funerals and provides funerary services according to individual customers.
79GF Score

Get the complete analysis for TSE:9628

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

円1,482.00
Price
円2,111.79
GF Value