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.
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.
NHK Spring Co's 5-Year ROIIC % for the quarter that ended in Mar. 2026 was 14.88%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for NHK Spring Co's 5-Year ROIIC % or its related term are showing as below:
FRA:NHK's 5-Year ROIIC % is ranked better than 69.54% of 1195
companies
in the Vehicles & Parts industry
Industry Median: 5.9
vs FRA:NHK: 14.88
NHK Spring Co (FRA:NHK) 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.
NHK Spring Co 5-Year ROIIC % Related Terms
NHK Spring Co 5-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for NHK Spring 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.
For the Auto Parts subindustry, NHK Spring 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.
NHK Spring Co 5-Year ROIIC % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, NHK Spring Co's 5-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where NHK Spring Co's 5-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 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.
NHK Spring Co (FRA:NHK) has a 5-Year ROIIC % of 14.88 as of Mar. 2026. 5-Year ROIIC % measures the change in earnings as a percentage of change in investment over 5-year. View historical data on NHK Spring Co and its competitors. According to the industry distribution chart, NHK Spring Co ranks #364 out of 1195 companies in the Vehicles & Parts industry, placing it in the top 30.5%.
Is NHK Spring Co's 5-Year ROIIC % too high?
NHK Spring Co's current 5-Year ROIIC % is 14.88. The Vehicles & Parts industry median 5-Year ROIIC % is 5.90. NHK Spring Co's value of 14.88 is 152.2% above this industry median. Based on the distribution chart, NHK Spring Co ranks #364 out of 1195 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, NHK Spring Co has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does NHK Spring Co's 5-Year ROIIC % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, NHK Spring Co ranks #364 out of 1195 companies for 5-Year ROIIC %. This puts NHK Spring Co in the upper half of its industry. The industry median 5-Year ROIIC % is 5.90. NHK Spring Co's value of 14.88 is 152.2% 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 Vehicles & Parts company?
The median 5-Year ROIIC % among Vehicles & Parts companies is 5.90, based on 1,195 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. NHK Spring Co's current 5-Year ROIIC % of 14.88 is 152.2% 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 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 NHK Spring Co and its competitors. For the Vehicles & Parts industry, the median 5-Year ROIIC % is 5.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NHK Spring Co's current 5-Year ROIIC % is 14.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NHK Spring Co stock overvalued right now?
NHK Spring Co (FRA:NHK) has a current 5-Year ROIIC % of 14.88. The stock's GF Value™ is €10.36, compared to a current price of €18.60 — trading 79.5% above its estimated fair value. The current 5-Year ROIIC % is 14.88 and 152.2% above the Vehicles & Parts industry median of 5.90. NHK Spring Co's overall GF Score™ is 77/100 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 NHK Spring Co (FRA:NHK), the current 5-Year ROIIC % is 14.88 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 NHK Spring Co (FRA:NHK) Overvalued in 2026?
Based on GuruFocus' analysis, NHK Spring Co stock appears to be overvalued.
The current stock price of €18.60 is trading 79.5% above its estimated GF Value™ of €10.36.
Key valuation signals for FRA:NHK:
5-Year ROIIC %: 14.88
GF Value™: €10.36 vs. price of €18.60 (79.5% above fair value)
Industry Position: 152.2% above the Vehicles & Parts median (#364 of 1195)
No single metric tells the full story. See the FRA:NHK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NHK Spring Co Ltd is a Japanese manufacturer of suspension springs for automobiles and precision springs used in hard disk drive components. The company operates through five segments. The Disc drive suspension (DDS) segment covers disc drive suspension products. The Industrial Equipment segment includes semiconductor process parts, ceramic products, spring mechanisms, piping support devices, parking devices, and other equipment. The Precision Parts segment handles HDD components, wire, and thin plate springs, motor cores, probe units, fasteners, and other precision products. The Sheet segment provides automobile seats, seat mechanisms, and interior parts, while the Suspension Spring segment offers coil springs, leaf springs, stabilizers, accumulators, torsion bars, and related components.
77GF Score
Get the complete analysis for FRA:NHK
5-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
FRA:NHK has been successfully added to your 
