Micronics Japan Co (FRA:MJ3) 5-Year ROIIC % : 32.82% (As of Dec. 2024)

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FRA:MJ3 Micronics Japan Co Ltd FRA:MJ3
85 GF Score
Price €74.50
GF Value €36.74
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Micronics Japan Co 5-Year ROIIC %?

Micronics Japan Co FRA:MJ3 -11.83% 85 5-Year ROIIC % is 32.82 as of Dec. 2024. GuruFocus rates FRA:MJ3 with a GF Score™ of 85/100 and a GF Value™ of €36.74 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 916 Semiconductors companies, Micronics Japan Co ranks better than 84.5% on this metric.

5-Year Return on Invested Incremental Capital (5-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 5-year. Micronics Japan Co's 5-Year ROIIC % for the quarter that ended in Dec. 2024 was 32.82%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Micronics Japan Co's 5-Year ROIIC % or its related term are showing as below:

FRA:MJ3's 5-Year ROIIC % is ranked better than
84.5% of 916 companies
in the Semiconductors industry
Industry Median: 2.7 vs FRA:MJ3: 32.82

Micronics Japan Co  (FRA:MJ3) 5-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.


Micronics Japan Co 5-Year ROIIC % Related Terms


Micronics Japan Co 5-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Micronics Japan Co's 5-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.

Micronics Japan Co 5-Year ROIIC % Chart

Micronics Japan Co Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Dec21 Dec22 Dec23 Dec24
5-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -222.43 188.37 128.30 12.71 32.82

Micronics Japan Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
5-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 0.00 0.00 0.00 24.01 0.00

FRA:MJ3 vs AMAT, LRCX, KLAC: 5-Year ROIIC % Comparison

For the Semiconductor Equipment & Materials subindustry, Micronics Japan Co's 5-Year ROIIC %, along with its competitors' market caps and 5-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.


Micronics Japan Co 5-Year ROIIC % vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Micronics Japan Co's 5-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Micronics Japan Co's 5-Year ROIIC % falls into.


FRA:MJ3
85GF Score
Micronics Japan Co Ltd FRA:MJ3
5-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Micronics Japan Co 5-Year ROIIC % Calculation

Micronics Japan Co's 5-Year ROIIC % for the quarter that ended in Dec. 2024 is calculated as:

5-Year ROIIC %=5-Year Incremental Net Operating Profit After Taxes (NOPAT)**/5-Year Incremental Invested Capital**
=( 57.3484779 (Dec. 2024) - 6.7404612 (Sep. 2019) )/( 265.531 (Dec. 2024) - 144.011 (Sep. 2019) )
=50.6080167/121.52
=41.65%***

* 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 5-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 5-Year ROIIC % →
What does a 5-Year ROIIC % of 32.82 mean?
Micronics Japan Co (FRA:MJ3) has a 5-Year ROIIC % of 32.82 as of Dec. 2024. 5-Year ROIIC % measures the change in earnings as a percentage of change in investment over 5-year. View historical data on Micronics Japan Co and its competitors. According to the industry distribution chart, Micronics Japan Co ranks #142 out of 916 companies in the Semiconductors industry, placing it in the top 15.5%.
Is Micronics Japan Co's 5-Year ROIIC % too high?
Micronics Japan Co's current 5-Year ROIIC % is 32.82. The Semiconductors industry median 5-Year ROIIC % is 2.70. Micronics Japan Co's value of 32.82 is 1115.6% above this industry median. Based on the distribution chart, Micronics Japan Co ranks #142 out of 916 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Micronics Japan Co has a GF Score™ of 85/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Micronics Japan Co's 5-Year ROIIC % compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Micronics Japan Co ranks #142 out of 916 companies for 5-Year ROIIC %. This places Micronics Japan Co in the top 16% of its industry — outperforming the majority of peers. The industry median 5-Year ROIIC % is 2.70. Micronics Japan Co's value of 32.82 is 1115.6% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 5-Year ROIIC % for a Semiconductors company?
The median 5-Year ROIIC % among Semiconductors companies is 2.70, based on 916 companies in the industry. Companies in the top quartile (top 25%) have a 5-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 5-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Micronics Japan Co's current 5-Year ROIIC % of 32.82 is 1115.6% 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 5-Year ROIIC % mean?
A high 5-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 5-Year ROIIC % measures the change in earnings as a percentage of change in investment over 5-year. View historical data on Micronics Japan Co and its competitors. For the Semiconductors industry, the median 5-Year ROIIC % is 2.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Micronics Japan Co's current 5-Year ROIIC % is 32.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Micronics Japan Co stock overvalued right now?
Based on GuruFocus' analysis, Micronics Japan Co (FRA:MJ3) is currently considered Significantly Overvalued. The stock's GF Value™ is €36.74, compared to a current price of €74.50 — trading 102.8% above its estimated fair value. The current 5-Year ROIIC % is 32.82 and 1115.6% above the Semiconductors industry median of 2.70. Micronics Japan Co's overall GF Score™ is 85/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 5-Year ROIIC % calculated?
5-Year ROIIC % is calculated from a company's financial statements. For Micronics Japan Co (FRA:MJ3), the current 5-Year ROIIC % is 32.82 as of Dec. 2024. 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 Micronics Japan Co (FRA:MJ3) Overvalued in 2026?

Based on GuruFocus' analysis, Micronics Japan Co stock appears to be overvalued. The current stock price of €74.50 is trading 102.8% above its estimated GF Value™ of €36.74. GuruFocus considers Micronics Japan Co to be Significantly Overvalued.

Key valuation signals for FRA:MJ3:

  • 5-Year ROIIC %: 32.82
  • GF Value™: €36.74 vs. price of €74.50 (102.8% above fair value)
  • GF Score™: 85/100 with 1 warning sign
  • Industry Position: 1115.6% above the Semiconductors median (#142 of 916)

No single metric tells the full story. See the FRA:MJ3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Micronics Japan Co Business Description

Address 2-6-8 Kichijoji Hon-cho, Musashino-shi, Tokyo, JPN, 180 8508
Micronics Japan Co Ltd is a Japanese company which is engaged in manufacturing of semiconductor and related products. It mainly produces probe cards for testing the electrical properties of wafers, testing equipment and test sockets for property testing after packaging, and a wafer prober, which is used for evaluation and analysis of devices. The company also offers products such as array probers, which are used for testing the electrical properties of flat panel displays (FDP), automated optical inspection equipment used for the display inspection of panels, and probe units that send electrical signals to test panels. Its product portfolio includes probe cards, package probe, semiconductor test equipment, automated optical inspection equipment, probe units, and FDP prober products.
85GF Score

Get the complete analysis for FRA:MJ3

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

€74.50
Price
€36.74
GF Value