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Step CoTSE:9795 -2.03%74 3-Year ROIIC % is 2.70 as of Sep. 2025, which is 83% below its 10-year median of 15.98. GuruFocus rates TSE:9795 with a GF Score™ of 74/100 and a GF Value™ of 円2,373.79 (Fairly Valued). Among 241 Education companies, Step Co ranks worse than 50.21% 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.
Step Co's 3-Year ROIIC % for the quarter that ended in Sep. 2025 was 2.70%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Step Co's 3-Year ROIIC % or its related term are showing as below:
TSE:9795's 3-Year ROIIC % is ranked worse than 50.21% of 241
companies
in the Education industry
Industry Median: 2.7
vs TSE:9795: 2.70
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.
Step Co 3-Year ROIIC % Related Terms
Step Co 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Step 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:9795 vs EDU, TAL, LAUR: 3-Year ROIIC % Comparison
For the Education & Training Services subindustry, Step 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.
Step Co 3-Year ROIIC % vs Education Industry
For the Education industry and Consumer Defensive sector, Step Co's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Step Co's 3-Year ROIIC % falls into.
* 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.
Step Co (TSE:9795) has a 3-Year ROIIC % of 2.70 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 Step Co and its competitors. This is 83% below median its historical median of 15.98. According to the industry distribution chart, Step Co ranks #121 out of 241 companies in the Education industry, placing it in the top 50.2%.
Is Step Co's 3-Year ROIIC % too high?
Step Co's current 3-Year ROIIC % of 2.70 is 83% below median its 10-year median of 15.98. The Education industry median 3-Year ROIIC % is 2.70. Step Co's value of 2.70 is 0% at this industry median. Based on the distribution chart, Step Co ranks #121 out of 241 companies in the Education industry, which is below the industry midpoint. Overall, Step Co has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Step Co's 3-Year ROIIC % compare to EDU and TAL?
According to the Education industry distribution chart, Step Co ranks #121 out of 241 companies for 3-Year ROIIC %. This places Step Co in the lower half of its industry. The industry median 3-Year ROIIC % is 2.70. Step Co's value of 2.70 is 0% at this benchmark. While the company's 10-year median is 15.98 vs. the industry median of 2.70, Step Co has consistently been at 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 an Education company?
The median 3-Year ROIIC % among Education companies is 2.70, based on 241 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. Step Co's current 3-Year ROIIC % of 2.70 is 0% at 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 Step Co and its competitors. For the Education industry, the median 3-Year ROIIC % is 2.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Step Co's current 3-Year ROIIC % is 2.70, which is 83% below median its own 10-year median of 15.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Step Co stock overvalued right now?
Based on GuruFocus' analysis, Step Co (TSE:9795) is currently considered Fairly Valued. The stock's GF Value™ is 円2,373.79, compared to a current price of 円2,175.00 — trading 8.4% below its estimated fair value. The current 3-Year ROIIC % is 2.70, which is 83% below median its 10-year median of 15.98 and 0% at the Education industry median of 2.70. Step Co's overall GF Score™ is 74/100. 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 Step Co (TSE:9795), the current 3-Year ROIIC % is 2.70 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 Step Co (TSE:9795) Overvalued in 2026?
Based on GuruFocus' analysis, Step Co stock appears to be undervalued.
The current stock price of 円2,175.00 is trading 8.4% below its estimated GF Value™ of 円2,373.79.
GuruFocus considers Step Co to be Fairly Valued.
Key valuation signals for TSE:9795:
3-Year ROIIC %: 2.70 (83% below median its 10-year median of 15.98)
GF Value™: 円2,373.79 vs. price of 円2,175.00 (8.4% below fair value)
Industry Position: 0% at the Education median (#121 of 241)
No single metric tells the full story. See the TSE:9795 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Step Co Ltd is a Japan-based company engaged in the operation of private preparatory schools. The company operates cram schools and after-school care facilities, and produces and edits educational materials, as well as prints and binds books. The company is engaged in providing high school entrance exam preparation courses, Teaching Materials Research Division produces manuscripts and original plates for teaching materials, academic programs, physical education, and shogi (Japanese chess), and other activities.
74GF Score
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