Cox Co (TSE:9876) 3-Year ROIIC % : 30.92% (As of Feb. 2026) — 503% Above Median

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TSE:9876 Cox Co Ltd TSE:9876
64 GF Score
Price 円234.00
GF Value 円204.02
Valuation Modestly Overvalued
! 2 Warning Signs
View Full Analysis

What is Cox Co 3-Year ROIIC %?

Cox Co TSE:9876 +2.18% 64 3-Year ROIIC % is 30.92 as of Feb. 2026, which is 503% above its 10-year median of 5.13. GuruFocus rates TSE:9876 with a GF Score™ of 64/100 and a GF Value™ of 円204.02 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,015 Manufacturing - Apparel & Accessories companies, Cox Co ranks better than 81.38% 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. Cox Co's 3-Year ROIIC % for the quarter that ended in Feb. 2026 was 30.92%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

TSE:9876's 3-Year ROIIC % is ranked better than
81.38% of 1015 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.52 vs TSE:9876: 30.92

Cox Co  (TSE:9876) 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.


Cox Co 3-Year ROIIC % Related Terms


Cox Co 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Cox 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.

Cox Co 3-Year ROIIC % Chart

Cox Co Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.76 -18.99 -1,391.39 210.29 30.92

Cox Co Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 -1,391.39 0.00 210.29 0.00 30.92

TSE:9876 vs RL, LEVI, VFC: 3-Year ROIIC % Comparison

For the Apparel Manufacturing subindustry, Cox 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.


Cox Co 3-Year ROIIC % vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Cox Co's 3-Year ROIIC % distribution charts can be found below:

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


TSE:9876
64GF Score
Cox Co Ltd TSE:9876
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cox Co 3-Year ROIIC % Calculation

Cox Co's 3-Year ROIIC % for the quarter that ended in Feb. 2026 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 999.211512 (Feb. 2026) - 209.0621376 (Feb. 2023) )/( 8836.402 (Feb. 2026) - 6281.066 (Feb. 2023) )
=790.1493744/2555.336
=30.92%***

* 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 30.92 mean?
Cox Co (TSE:9876) has a 3-Year ROIIC % of 30.92 as of Feb. 2026. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Cox Co and its competitors. This is 503% above median its historical median of 5.13. According to the industry distribution chart, Cox Co ranks #189 out of 1015 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 18.6%.
Is Cox Co's 3-Year ROIIC % too high?
Cox Co's current 3-Year ROIIC % of 30.92 is 503% above median its 10-year median of 5.13. The Manufacturing - Apparel & Accessories industry median 3-Year ROIIC % is 1.52. Cox Co's value of 30.92 is 1934.2% above this industry median. Based on the distribution chart, Cox Co ranks #189 out of 1015 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Cox Co has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cox Co's 3-Year ROIIC % compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Cox Co ranks #189 out of 1015 companies for 3-Year ROIIC %. This places Cox Co in the top 19% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 1.52. Cox Co's value of 30.92 is 1934.2% above this benchmark. While the company's 10-year median is 5.13 vs. the industry median of 1.52, Cox 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 Manufacturing - Apparel & Accessories company?
The median 3-Year ROIIC % among Manufacturing - Apparel & Accessories companies is 1.52, based on 1,015 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. Cox Co's current 3-Year ROIIC % of 30.92 is 1934.2% 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 Cox Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median 3-Year ROIIC % is 1.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cox Co's current 3-Year ROIIC % is 30.92, which is 503% above median its own 10-year median of 5.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cox Co stock overvalued right now?
Based on GuruFocus' analysis, Cox Co (TSE:9876) is currently considered Modestly Overvalued. The stock's GF Value™ is 円204.02, compared to a current price of 円234.00 — trading 14.7% above its estimated fair value. The current 3-Year ROIIC % is 30.92, which is 503% above median its 10-year median of 5.13 and 1934.2% above the Manufacturing - Apparel & Accessories industry median of 1.52. Cox Co's overall GF Score™ is 64/100 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 Cox Co (TSE:9876), the current 3-Year ROIIC % is 30.92 as of Feb. 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 Cox Co (TSE:9876) Overvalued in 2026?

Based on GuruFocus' analysis, Cox Co stock appears to be overvalued. The current stock price of 円234.00 is trading 14.7% above its estimated GF Value™ of 円204.02. GuruFocus considers Cox Co to be Modestly Overvalued.

Key valuation signals for TSE:9876:

  • 3-Year ROIIC %: 30.92 (503% above median its 10-year median of 5.13)
  • GF Value™: 円204.02 vs. price of 円234.00 (14.7% above fair value)
  • GF Score™: 64/100 with 2 warning signs
  • Industry Position: 1934.2% above the Manufacturing - Apparel & Accessories median (#189 of 1015)

No single metric tells the full story. See the TSE:9876 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cox Co Business Description

Address 1-2-1 Nihonbashi Hamacho, Chuo-ku, Tokyo, JPN, 103-0007
Cox Co Ltd is engaged in planning, manufacturing, and sale of men's apparel, ladies' apparel, children's clothing, and miscellaneous good products.
64GF Score

Get the complete analysis for TSE:9876

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

円234.00
Price
円204.02
GF Value