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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.
Okayama Paper Industries Co's 5-Year ROIIC % for the quarter that ended in May. 2026 was 2.24%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Okayama Paper Industries Co's 5-Year ROIIC % or its related term are showing as below:
TSE:3892's 5-Year ROIIC % is ranked better than 58.78% of 262
companies
in the Forest Products industry
Industry Median: 0.04
vs TSE:3892: 2.24
Okayama Paper Industries Co (TSE:3892) 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.
Okayama Paper Industries Co 5-Year ROIIC % Related Terms
Okayama Paper Industries Co 5-Year ROIIC % Historical Data
* 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.
Okayama Paper Industries Co 5-Year ROIIC % Competitor Comparison
For the Paper & Paper Products subindustry, Okayama Paper Industries 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.
Okayama Paper Industries Co 5-Year ROIIC % vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Okayama Paper Industries Co's 5-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Okayama Paper Industries 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.
Okayama Paper Industries Co (TSE:3892) has a 5-Year ROIIC % of 2.24 as of May. 2026. 5-Year ROIIC % measures the change in earnings as a percentage of change in investment over 5-year. View historical data on Okayama Paper Industries Co and its competitors. According to the industry distribution chart, Okayama Paper Industries Co ranks #108 out of 262 companies in the Forest Products industry, placing it in the top 41.2%.
Is Okayama Paper Industries Co's 5-Year ROIIC % too high?
Okayama Paper Industries Co's current 5-Year ROIIC % is 2.24. The Forest Products industry median 5-Year ROIIC % is 0.04. Okayama Paper Industries Co's value of 2.24 is 5500% above this industry median. Based on the distribution chart, Okayama Paper Industries Co ranks #108 out of 262 companies in the Forest Products industry, which is above the industry midpoint. Overall, Okayama Paper Industries Co has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Okayama Paper Industries Co's 5-Year ROIIC % compare to competitors?
According to the Forest Products industry distribution chart, Okayama Paper Industries Co ranks #108 out of 262 companies for 5-Year ROIIC %. This puts Okayama Paper Industries Co in the upper half of its industry. The industry median 5-Year ROIIC % is 0.04. Okayama Paper Industries Co's value of 2.24 is 5500% 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 Forest Products company?
The median 5-Year ROIIC % among Forest Products companies is 0.04, based on 262 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. Okayama Paper Industries Co's current 5-Year ROIIC % of 2.24 is 5500% 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 Okayama Paper Industries Co and its competitors. For the Forest Products industry, the median 5-Year ROIIC % is 0.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Okayama Paper Industries Co's current 5-Year ROIIC % is 2.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Okayama Paper Industries Co stock overvalued right now?
Based on GuruFocus' analysis, Okayama Paper Industries Co (TSE:3892) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,423.51, compared to a current price of 円1,600.00 — trading 12.4% above its estimated fair value. The current 5-Year ROIIC % is 2.24 and 5500% above the Forest Products industry median of 0.04. Okayama Paper Industries Co's overall GF Score™ is 75/100 with 4 warning signs 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 Okayama Paper Industries Co (TSE:3892), the current 5-Year ROIIC % is 2.24 as of May. 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 Okayama Paper Industries Co (TSE:3892) Overvalued in 2026?
Based on GuruFocus' analysis, Okayama Paper Industries Co stock appears to be overvalued.
The current stock price of 円1,600.00 is trading 12.4% above its estimated GF Value™ of 円1,423.51.
GuruFocus considers Okayama Paper Industries Co to be Modestly Overvalued.
Key valuation signals for TSE:3892:
5-Year ROIIC %: 2.24
GF Value™: 円1,423.51 vs. price of 円1,600.00 (12.4% above fair value)
Industry Position: 5500% above the Forest Products median (#108 of 262)
No single metric tells the full story. See the TSE:3892 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Okayama Paper Industries Co Ltd is engaged in manufacturing and sales of SMIC raw paper, paper tube base paper, flat sheet. It is in a packaging material field as a manufacturer of cardboard and decorative corrugated cardboard made of core paper and paper tube base paper. It offers products such as base papers, containerboard, stencil paper tubes, paper tube base papers, and cardboard plates.
75GF Score
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