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J-Star Holding CoYMAT -0.76%11 3-Year ROIIC % is 247.38 as of Dec. 2025, which is 1035% above its 10-year median of 21.79. GuruFocus rates YMAT with a GF Score™ of 11/100. The stock has 8 warning signs investors should review. Among 1,528 Chemicals companies, J-Star Holding Co ranks better than 96.47% 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.
J-Star Holding Co's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 247.38%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for J-Star Holding Co's 3-Year ROIIC % or its related term are showing as below:
YMAT's 3-Year ROIIC % is ranked better than 96.47% of 1528
companies
in the Chemicals industry
Industry Median: 0.07
vs YMAT: 247.38
J-Star Holding Co (NAS:YMAT) 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.
J-Star Holding Co 3-Year ROIIC % Related Terms
J-Star Holding Co 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for J-Star Holding 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.
YMAT vs SNES, GLGI, BON: 3-Year ROIIC % Comparison
For the Specialty Chemicals subindustry, J-Star Holding 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.
J-Star Holding Co 3-Year ROIIC % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, J-Star Holding Co's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where J-Star Holding Co's 3-Year ROIIC % falls into.
J-Star Holding Co's 3-Year ROIIC % for the quarter that ended in Dec. 2025 is calculated as:
3-Year ROIIC %
=
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( -20.622 (Dec. 2025) - 0.00969 (Dec. 2022) )
/
( 13.32 (Dec. 2025) - 21.66 (Dec. 2022) )
=
-20.63169
/
-8.34
=
247.38%***
* 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.
J-Star Holding Co (YMAT) has a 3-Year ROIIC % of 247.38 as of Dec. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on J-Star Holding Co and its competitors. This is 1035% above median its historical median of 21.79. According to the industry distribution chart, J-Star Holding Co ranks #54 out of 1528 companies in the Chemicals industry, placing it in the top 3.5%.
Is J-Star Holding Co's 3-Year ROIIC % too high?
J-Star Holding Co's current 3-Year ROIIC % of 247.38 is 1035% above median its 10-year median of 21.79. The Chemicals industry median 3-Year ROIIC % is 0.07. J-Star Holding Co's value of 247.38 is 353300% above this industry median. Based on the distribution chart, J-Star Holding Co ranks #54 out of 1528 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, J-Star Holding Co has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does J-Star Holding Co's 3-Year ROIIC % compare to SNES and GLGI?
According to the Chemicals industry distribution chart, J-Star Holding Co ranks #54 out of 1528 companies for 3-Year ROIIC %. This places J-Star Holding Co in the top 4% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 0.07. J-Star Holding Co's value of 247.38 is 353300% above this benchmark. While the company's 10-year median is 21.79 vs. the industry median of 0.07, J-Star Holding 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 Chemicals company?
The median 3-Year ROIIC % among Chemicals companies is 0.07, based on 1,528 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. J-Star Holding Co's current 3-Year ROIIC % of 247.38 is 353300% 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 J-Star Holding Co and its competitors. For the Chemicals industry, the median 3-Year ROIIC % is 0.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. J-Star Holding Co's current 3-Year ROIIC % is 247.38, which is 1035% above median its own 10-year median of 21.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is J-Star Holding Co stock overvalued right now?
J-Star Holding Co (YMAT) has a current 3-Year ROIIC % of 247.38. The current 3-Year ROIIC % is 247.38, which is 1035% above median its 10-year median of 21.79 and 353300% above the Chemicals industry median of 0.07. J-Star Holding Co's overall GF Score™ is 11/100 with 8 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 J-Star Holding Co (YMAT), the current 3-Year ROIIC % is 247.38 as of Dec. 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.
J-Star Holding Co Ltd is engaged in the research, development, and manufacturing of carbon fiber for a wide variety-of-products including carbon bicycles, carbon rackets, automotive parts, outdoor sports gears, and healthcare products. The company has five segments: Bicycle frame, Racket, Crank, Service provision, and Others. The majority of its revenue is generated from the Bicycle frame segment. Geographically, the company operates in Taiwan, China, and other regions.
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