Tokyo Theatres Co (TSE:9633) 3-Year ROIIC % : 4.13% (As of Mar. 2026) — 69% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:9633 Tokyo Theatres Co Inc TSE:9633
66 GF Score
Price 円1,649.00
GF Value 円1,485.39
Valuation Modestly Overvalued
! 5 Warning Signs
View Full Analysis

What is Tokyo Theatres Co 3-Year ROIIC %?

Tokyo Theatres Co TSE:9633 +0.67% 66 3-Year ROIIC % is 4.13 as of Mar. 2026, which is 69% below its 10-year median of 13.18. GuruFocus rates TSE:9633 with a GF Score™ of 66/100 and a GF Value™ of 円1,485.39 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 531 Conglomerates companies, Tokyo Theatres Co ranks better than 58.76% 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. Tokyo Theatres Co's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 4.13%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

TSE:9633's 3-Year ROIIC % is ranked better than
58.76% of 531 companies
in the Conglomerates industry
Industry Median: 1.62 vs TSE:9633: 4.13

Tokyo Theatres Co  (TSE:9633) 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.


Tokyo Theatres Co 3-Year ROIIC % Related Terms


Tokyo Theatres Co 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Tokyo Theatres 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.

Tokyo Theatres Co 3-Year ROIIC % Chart

Tokyo Theatres Co 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 136.03 -27.28 185.38 17.39 4.13

Tokyo Theatres Co 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 185.38 0.00 17.39 0.00 4.13

TSE:9633 vs MMM, HON: 3-Year ROIIC % Comparison

For the Conglomerates subindustry, Tokyo Theatres 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.


Tokyo Theatres Co 3-Year ROIIC % vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Tokyo Theatres Co's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Tokyo Theatres Co's 3-Year ROIIC % falls into.


TSE:9633
66GF Score
Tokyo Theatres Co Inc TSE:9633
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tokyo Theatres Co 3-Year ROIIC % Calculation

Tokyo Theatres Co'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**
=( 254.549934 (Mar. 2026) - 62.0162858 (Mar. 2023) )/( 24098.072 (Mar. 2026) - 19440.909 (Mar. 2023) )
=192.5336482/4657.163
=4.13%***

* 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 4.13 mean?
Tokyo Theatres Co (TSE:9633) has a 3-Year ROIIC % of 4.13 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 Tokyo Theatres Co and its competitors. This is 69% below median its historical median of 13.18. According to the industry distribution chart, Tokyo Theatres Co ranks #219 out of 531 companies in the Conglomerates industry, placing it in the top 41.2%.
Is Tokyo Theatres Co's 3-Year ROIIC % too high?
Tokyo Theatres Co's current 3-Year ROIIC % of 4.13 is 69% below median its 10-year median of 13.18. The Conglomerates industry median 3-Year ROIIC % is 1.62. Tokyo Theatres Co's value of 4.13 is 154.9% above this industry median. Based on the distribution chart, Tokyo Theatres Co ranks #219 out of 531 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Tokyo Theatres Co has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tokyo Theatres Co's 3-Year ROIIC % compare to MMM and HON?
According to the Conglomerates industry distribution chart, Tokyo Theatres Co ranks #219 out of 531 companies for 3-Year ROIIC %. This puts Tokyo Theatres Co in the upper half of its industry. The industry median 3-Year ROIIC % is 1.62. Tokyo Theatres Co's value of 4.13 is 154.9% above this benchmark. While the company's 10-year median is 13.18 vs. the industry median of 1.62, Tokyo Theatres 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 Conglomerates company?
The median 3-Year ROIIC % among Conglomerates companies is 1.62, based on 531 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. Tokyo Theatres Co's current 3-Year ROIIC % of 4.13 is 154.9% 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 Tokyo Theatres Co and its competitors. For the Conglomerates industry, the median 3-Year ROIIC % is 1.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tokyo Theatres Co's current 3-Year ROIIC % is 4.13, which is 69% below median its own 10-year median of 13.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokyo Theatres Co stock overvalued right now?
Based on GuruFocus' analysis, Tokyo Theatres Co (TSE:9633) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,485.39, compared to a current price of 円1,649.00 — trading 11% above its estimated fair value. The current 3-Year ROIIC % is 4.13, which is 69% below median its 10-year median of 13.18 and 154.9% above the Conglomerates industry median of 1.62. Tokyo Theatres Co's overall GF Score™ is 66/100 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 Tokyo Theatres Co (TSE:9633), the current 3-Year ROIIC % is 4.13 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 Tokyo Theatres Co (TSE:9633) Overvalued in 2026?

Based on GuruFocus' analysis, Tokyo Theatres Co stock appears to be overvalued. The current stock price of 円1,649.00 is trading 11% above its estimated GF Value™ of 円1,485.39. GuruFocus considers Tokyo Theatres Co to be Modestly Overvalued.

Key valuation signals for TSE:9633:

  • 3-Year ROIIC %: 4.13 (69% below median its 10-year median of 13.18)
  • GF Value™: 円1,485.39 vs. price of 円1,649.00 (11% above fair value)
  • GF Score™: 66/100 with 5 warning signs
  • Industry Position: 154.9% above the Conglomerates median (#219 of 531)

No single metric tells the full story. See the TSE:9633 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tokyo Theatres Co Business Description

Address 1-16-1 Ginza, Chuo-ku, Tokyo, JPN, 104-0061
Tokyo Theatres Co Inc is engaged in the businesses of film entertainment, movie distribution, integrated advertisement, and event planning.
66GF Score

Get the complete analysis for TSE:9633

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

円1,649.00
Price
円1,485.39
GF Value