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West Japan Railway CoWJRYF +2.54%68 3-Year ROIIC % is 27.92 as of Mar. 2026, which is 211% above its 10-year median of 8.99. GuruFocus rates WJRYF with a GF Score™ of 68/100 and a GF Value™ of $21.01 (Fairly Valued). The stock has 3 warning signs investors should review. Among 940 Transportation companies, West Japan Railway Co ranks better than 82.23% 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.
West Japan Railway Co's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 27.92%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for West Japan Railway Co's 3-Year ROIIC % or its related term are showing as below:
WJRYF's 3-Year ROIIC % is ranked better than 82.23% of 940
companies
in the Transportation industry
Industry Median: 2.005
vs WJRYF: 27.92
West Japan Railway Co (OTCPK:WJRYF) 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.
West Japan Railway Co 3-Year ROIIC % Related Terms
West Japan Railway Co 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for West Japan Railway 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 Railroads subindustry, West Japan Railway 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.
West Japan Railway Co 3-Year ROIIC % vs Transportation Industry
For the Transportation industry and Industrials sector, West Japan Railway Co's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where West Japan Railway Co's 3-Year ROIIC % falls into.
West Japan Railway 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**
=
( 928.099154 (Mar. 2026) - 628.223 (Mar. 2023) )
/
( 23176.735 (Mar. 2026) - 25818.525 (Mar. 2023) )
=
299.876154
/
-2641.79
=
-11.35%***
* 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.
West Japan Railway Co (WJRYF) has a 3-Year ROIIC % of 27.92 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 West Japan Railway Co and its competitors. This is 211% above median its historical median of 8.99. According to the industry distribution chart, West Japan Railway Co ranks #167 out of 940 companies in the Transportation industry, placing it in the top 17.8%.
Is West Japan Railway Co's 3-Year ROIIC % too high?
West Japan Railway Co's current 3-Year ROIIC % of 27.92 is 211% above median its 10-year median of 8.99. The Transportation industry median 3-Year ROIIC % is 2.01. West Japan Railway Co's value of 27.92 is 1292.5% above this industry median. Based on the distribution chart, West Japan Railway Co ranks #167 out of 940 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, West Japan Railway Co has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does West Japan Railway Co's 3-Year ROIIC % compare to UNP and CSX?
According to the Transportation industry distribution chart, West Japan Railway Co ranks #167 out of 940 companies for 3-Year ROIIC %. This places West Japan Railway Co in the top 18% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 2.01. West Japan Railway Co's value of 27.92 is 1292.5% above this benchmark. While the company's 10-year median is 8.99 vs. the industry median of 2.01, West Japan Railway 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 Transportation company?
The median 3-Year ROIIC % among Transportation companies is 2.01, based on 940 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. West Japan Railway Co's current 3-Year ROIIC % of 27.92 is 1292.5% 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 West Japan Railway Co and its competitors. For the Transportation industry, the median 3-Year ROIIC % is 2.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. West Japan Railway Co's current 3-Year ROIIC % is 27.92, which is 211% above median its own 10-year median of 8.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is West Japan Railway Co stock overvalued right now?
Based on GuruFocus' analysis, West Japan Railway Co (WJRYF) is currently considered Fairly Valued. The stock's GF Value™ is $21.01, compared to a current price of $19.56 — trading 6.9% below its estimated fair value. The current 3-Year ROIIC % is 27.92, which is 211% above median its 10-year median of 8.99 and 1292.5% above the Transportation industry median of 2.01. West Japan Railway Co's overall GF Score™ is 68/100 with 3 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 West Japan Railway Co (WJRYF), the current 3-Year ROIIC % is 27.92 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 West Japan Railway Co (WJRYF) Overvalued in 2026?
Based on GuruFocus' analysis, West Japan Railway Co stock appears to be undervalued.
The current stock price of $19.56 is trading 6.9% below its estimated GF Value™ of $21.01.
GuruFocus considers West Japan Railway Co to be Fairly Valued.
Key valuation signals for WJRYF:
3-Year ROIIC %: 27.92 (211% above median its 10-year median of 8.99)
GF Value™: $21.01 vs. price of $19.56 (6.9% below fair value)
Industry Position: 1292.5% above the Transportation median (#167 of 940)
No single metric tells the full story. See the WJRYF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
West Japan Railway, or JR West, is the main railway operator in Western Japan, headquartered in Osaka. It was originally established when the government-owned nationwide railway operator underwent a six-way territorial split in 1987. Its main assets are the Sanyo Shinkansen, which stretches from Osaka to Fukuoka, and the urban rail network in the Osaka-Kobe-Kyoto metropolitan area. Its nearly 5,000 kilometers of rail track covers a third of Japan's population and a fifth of its land area. Rail operations contribute more than half of revenue, with most of the balance from retail operations, real estate investments, travel agencies, and hotels.
68GF Score
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