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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.
Maruken Lease Co's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 1.74%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Maruken Lease Co's 3-Year ROIIC % or its related term are showing as below:
TSE:9763's 3-Year ROIIC % is ranked worse than 59.11% of 1010
companies
in the Business Services industry
Industry Median: 5.14
vs TSE:9763: 1.74
Maruken Lease Co (TSE:9763) 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.
Maruken Lease Co 3-Year ROIIC % Related Terms
Maruken Lease Co 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Maruken Lease 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:9763 vs URI, SUNB, AER: 3-Year ROIIC % Comparison
For the Rental & Leasing Services subindustry, Maruken Lease 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.
Maruken Lease Co 3-Year ROIIC % vs Business Services Industry
For the Business Services industry and Industrials sector, Maruken Lease Co's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Maruken Lease Co's 3-Year ROIIC % falls into.
Maruken Lease 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**
=
( 1010.7317 (Mar. 2026) - 855.7354 (Mar. 2023) )
/
( 34024 (Mar. 2026) - 25104 (Mar. 2023) )
=
154.9963
/
8920
=
1.74%***
* 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.
Maruken Lease Co (TSE:9763) has a 3-Year ROIIC % of 1.74 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 Maruken Lease Co and its competitors. According to the industry distribution chart, Maruken Lease Co ranks #597 out of 1010 companies in the Business Services industry, placing it in the top 59.1%.
Is Maruken Lease Co's 3-Year ROIIC % too high?
Maruken Lease Co's current 3-Year ROIIC % is 1.74. The Business Services industry median 3-Year ROIIC % is 5.14. Maruken Lease Co's value of 1.74 is 66.1% below this industry median. Based on the distribution chart, Maruken Lease Co ranks #597 out of 1010 companies in the Business Services industry, which is below the industry midpoint. Overall, Maruken Lease Co has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Maruken Lease Co's 3-Year ROIIC % compare to URI and SUNB?
According to the Business Services industry distribution chart, Maruken Lease Co ranks #597 out of 1010 companies for 3-Year ROIIC %. This places Maruken Lease Co in the lower half of its industry. The industry median 3-Year ROIIC % is 5.14. Maruken Lease Co's value of 1.74 is 66.1% below this benchmark. 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 5.14, based on 1,010 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. Maruken Lease Co's current 3-Year ROIIC % of 1.74 is 66.1% 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 Maruken Lease Co and its competitors. For the Business Services industry, the median 3-Year ROIIC % is 5.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maruken Lease Co's current 3-Year ROIIC % is 1.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maruken Lease Co stock overvalued right now?
Based on GuruFocus' analysis, Maruken Lease Co (TSE:9763) is currently considered Fairly Valued. The stock's GF Value™ is 円1,225.35, compared to a current price of 円1,325.00 — trading 8.1% above its estimated fair value. The current 3-Year ROIIC % is 1.74 and 66.1% below the Business Services industry median of 5.14. Maruken Lease Co's overall GF Score™ is 73/100 with 2 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 Maruken Lease Co (TSE:9763), the current 3-Year ROIIC % is 1.74 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 Maruken Lease Co (TSE:9763) Overvalued in 2026?
Based on GuruFocus' analysis, Maruken Lease Co stock appears to be overvalued.
The current stock price of 円1,325.00 is trading 8.1% above its estimated GF Value™ of 円1,225.35.
GuruFocus considers Maruken Lease Co to be Fairly Valued.
Key valuation signals for TSE:9763:
3-Year ROIIC %: 1.74
GF Value™: 円1,225.35 vs. price of 円1,325.00 (8.1% above fair value)
Industry Position: 66.1% below the Business Services median (#597 of 1010)
No single metric tells the full story. See the TSE:9763 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Maruken Lease Co Ltd is engaged in Rental, sales, repair, processing, etc. of heavy temporary steel materials for construction (steel sheet piles, H-beams, steel retaining walls, road surface lining plates, steel plates, etc.), as well as the installation of these piles, retaining walls, and underground diaphragm wall construction.
73GF Score
Get the complete analysis for TSE:9763
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