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Nishio Holdings CoTSE:9699 +0.24%78 3-Year ROIIC % is 15.43 as of Sep. 2025, which is 184% above its 10-year median of 5.44. GuruFocus rates TSE:9699 with a GF Score™ of 78/100 and a GF Value™ of 円4,828.23 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,012 Business Services companies, Nishio Holdings Co ranks better than 68.58% 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.
Nishio Holdings Co's 3-Year ROIIC % for the quarter that ended in Sep. 2025 was 15.43%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Nishio Holdings Co's 3-Year ROIIC % or its related term are showing as below:
TSE:9699's 3-Year ROIIC % is ranked better than 68.58% of 1012
companies
in the Business Services industry
Industry Median: 5.005
vs TSE:9699: 15.43
Nishio Holdings Co (TSE:9699) 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.
Nishio Holdings Co 3-Year ROIIC % Related Terms
Nishio Holdings Co 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Nishio Holdings 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.
TSE:9699 vs URI, SUNB, AER: 3-Year ROIIC % Comparison
For the Rental & Leasing Services subindustry, Nishio Holdings 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.
Nishio Holdings Co 3-Year ROIIC % vs Business Services Industry
For the Business Services industry and Industrials sector, Nishio Holdings Co's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Nishio Holdings Co's 3-Year ROIIC % falls into.
Nishio Holdings Co's 3-Year ROIIC % for the quarter that ended in Sep. 2025 is calculated as:
3-Year ROIIC %
=
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( 13221.062 (Sep. 2025) - 9745.505 (Sep. 2022) )
/
( 220049 (Sep. 2025) - 197528 (Sep. 2022) )
=
3475.557
/
22521
=
15.43%***
* 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.
Nishio Holdings Co (TSE:9699) has a 3-Year ROIIC % of 15.43 as of Sep. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Nishio Holdings Co and its competitors. This is 184% above median its historical median of 5.44. According to the industry distribution chart, Nishio Holdings Co ranks #318 out of 1012 companies in the Business Services industry, placing it in the top 31.4%.
Is Nishio Holdings Co's 3-Year ROIIC % too high?
Nishio Holdings Co's current 3-Year ROIIC % of 15.43 is 184% above median its 10-year median of 5.44. The Business Services industry median 3-Year ROIIC % is 5.01. Nishio Holdings Co's value of 15.43 is 208.3% above this industry median. Based on the distribution chart, Nishio Holdings Co ranks #318 out of 1012 companies in the Business Services industry, which is above the industry midpoint. Overall, Nishio Holdings Co has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nishio Holdings Co's 3-Year ROIIC % compare to URI and SUNB?
According to the Business Services industry distribution chart, Nishio Holdings Co ranks #318 out of 1012 companies for 3-Year ROIIC %. This puts Nishio Holdings Co in the upper half of its industry. The industry median 3-Year ROIIC % is 5.01. Nishio Holdings Co's value of 15.43 is 208.3% above this benchmark. While the company's 10-year median is 5.44 vs. the industry median of 5.01, Nishio Holdings 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 Business Services company?
The median 3-Year ROIIC % among Business Services companies is 5.01, based on 1,012 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. Nishio Holdings Co's current 3-Year ROIIC % of 15.43 is 208.3% 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 Nishio Holdings Co and its competitors. For the Business Services industry, the median 3-Year ROIIC % is 5.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nishio Holdings Co's current 3-Year ROIIC % is 15.43, which is 184% above median its own 10-year median of 5.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nishio Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Nishio Holdings Co (TSE:9699) is currently considered Modestly Undervalued. The stock's GF Value™ is 円4,828.23, compared to a current price of 円4,160.00 — trading 13.8% below its estimated fair value. The current 3-Year ROIIC % is 15.43, which is 184% above median its 10-year median of 5.44 and 208.3% above the Business Services industry median of 5.01. Nishio Holdings Co's overall GF Score™ is 78/100 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 Nishio Holdings Co (TSE:9699), the current 3-Year ROIIC % is 15.43 as of Sep. 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 Nishio Holdings Co (TSE:9699) Overvalued in 2026?
Based on GuruFocus' analysis, Nishio Holdings Co stock appears to be undervalued.
The current stock price of 円4,160.00 is trading 13.8% below its estimated GF Value™ of 円4,828.23.
GuruFocus considers Nishio Holdings Co to be Modestly Undervalued.
Key valuation signals for TSE:9699:
3-Year ROIIC %: 15.43 (184% above median its 10-year median of 5.44)
GF Value™: 円4,828.23 vs. price of 円4,160.00 (13.8% below fair value)
Industry Position: 208.3% above the Business Services median (#318 of 1012)
No single metric tells the full story. See the TSE:9699 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nishio Holdings Co Ltd is a provider of rental construction and industrial machinery. The company offers rental solutions for construction and industrial machinery, mounting and tunnelling machines for mining operations, and water purification and recycling equipment. The company, through its subsidiaries, also designs, manufactures, and repairs tunnelling machines and other special vehicles, such as special transfer locomotives and battery-driven vehicles at construction sites. The company operates in Asia.
78GF Score
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