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.
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.
Arcs CoTSE:9948 +1.16%82 3-Year ROIIC % is 15.25 as of Feb. 2026, which is 11% above its 10-year median of 13.79. GuruFocus rates TSE:9948 with a GF Score™ of 82/100 and a GF Value™ of 円3,173.88 (Fairly Valued). The stock has 1 warning sign investors should review. Among 1,060 Retail - Cyclical companies, Arcs Co ranks better than 67.17% 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.
Arcs Co's 3-Year ROIIC % for the quarter that ended in Feb. 2026 was 15.25%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Arcs Co's 3-Year ROIIC % or its related term are showing as below:
TSE:9948's 3-Year ROIIC % is ranked better than 67.17% of 1060
companies
in the Retail - Cyclical industry
Industry Median: 4.54
vs TSE:9948: 15.25
Arcs Co (TSE:9948) 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.
Arcs Co 3-Year ROIIC % Related Terms
Arcs Co 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Arcs 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.
For the Department Stores subindustry, Arcs 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.
Arcs Co 3-Year ROIIC % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Arcs Co's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Arcs 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.
Arcs Co (TSE:9948) has a 3-Year ROIIC % of 15.25 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 Arcs Co and its competitors. This is 11% above median its historical median of 13.79. According to the industry distribution chart, Arcs Co ranks #348 out of 1060 companies in the Retail - Cyclical industry, placing it in the top 32.8%.
Is Arcs Co's 3-Year ROIIC % too high?
Arcs Co's current 3-Year ROIIC % of 15.25 is 11% above median its 10-year median of 13.79. The Retail - Cyclical industry median 3-Year ROIIC % is 4.54. Arcs Co's value of 15.25 is 235.9% above this industry median. Based on the distribution chart, Arcs Co ranks #348 out of 1060 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Arcs Co has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Arcs Co's 3-Year ROIIC % compare to DDS?
According to the Retail - Cyclical industry distribution chart, Arcs Co ranks #348 out of 1060 companies for 3-Year ROIIC %. This puts Arcs Co in the upper half of its industry. The industry median 3-Year ROIIC % is 4.54. Arcs Co's value of 15.25 is 235.9% above this benchmark. While the company's 10-year median is 13.79 vs. the industry median of 4.54, Arcs 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 Retail - Cyclical company?
The median 3-Year ROIIC % among Retail - Cyclical companies is 4.54, based on 1,060 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. Arcs Co's current 3-Year ROIIC % of 15.25 is 235.9% 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 Arcs Co and its competitors. For the Retail - Cyclical industry, the median 3-Year ROIIC % is 4.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Arcs Co's current 3-Year ROIIC % is 15.25, which is 11% above median its own 10-year median of 13.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arcs Co stock overvalued right now?
Based on GuruFocus' analysis, Arcs Co (TSE:9948) is currently considered Fairly Valued. The stock's GF Value™ is 円3,173.88, compared to a current price of 円3,495.00 — trading 10.1% above its estimated fair value. The current 3-Year ROIIC % is 15.25, which is 11% above median its 10-year median of 13.79 and 235.9% above the Retail - Cyclical industry median of 4.54. Arcs Co's overall GF Score™ is 82/100 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 Arcs Co (TSE:9948), the current 3-Year ROIIC % is 15.25 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 Arcs Co (TSE:9948) Overvalued in 2026?
Based on GuruFocus' analysis, Arcs Co stock appears to be overvalued.
The current stock price of 円3,495.00 is trading 10.1% above its estimated GF Value™ of 円3,173.88.
GuruFocus considers Arcs Co to be Fairly Valued.
Key valuation signals for TSE:9948:
3-Year ROIIC %: 15.25 (11% above median its 10-year median of 13.79)
GF Value™: 円3,173.88 vs. price of 円3,495.00 (10.1% above fair value)
Industry Position: 235.9% above the Retail - Cyclical median (#348 of 1060)
No single metric tells the full story. See the TSE:9948 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Arcs Co Ltd is a Japan-based company principally engaged in the supermarket business. The company also operates other businesses through subsidiaries, including tourism, building maintenance, real estate leasing, property and casualty insurance, life insurance agency, wholesale, food manufacturing, industrial and general waste collection, and construction businesses. The group operates in a single segment related to retail.
82GF Score
Get the complete analysis for TSE:9948
3-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:9948 has been successfully added to your 
