Fuluhashi Epo (TSE:9221) 5-Year ROIIC % : 7.31% (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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TSE:9221 Fuluhashi Epo Corp TSE:9221
75 GF Score
Price 円1,232.00
GF Value 円1,137.26
Valuation Fairly Valued
! 2 Warning Signs
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What is Fuluhashi Epo 5-Year ROIIC %?

Fuluhashi Epo TSE:9221 -0.73% 75 5-Year ROIIC % is 7.31 as of Mar. 2026. GuruFocus rates TSE:9221 with a GF Score™ of 75/100 and a GF Value™ of 円1,137.26 (Fairly Valued). The stock has 2 warning signs investors should review. Among 213 Waste Management companies, Fuluhashi Epo ranks better than 65.26% 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. Fuluhashi Epo's 5-Year ROIIC % for the quarter that ended in Mar. 2026 was 7.31%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

TSE:9221's 5-Year ROIIC % is ranked better than
65.26% of 213 companies
in the Waste Management industry
Industry Median: 1.34 vs TSE:9221: 7.31

Fuluhashi Epo  (TSE:9221) 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.


Fuluhashi Epo 5-Year ROIIC % Related Terms


Fuluhashi Epo 5-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Fuluhashi Epo'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.

Fuluhashi Epo 5-Year ROIIC % Chart

Fuluhashi Epo Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
5-Year ROIIC %
Get a 7-Day Free Trial 0.00 0.00 0.00 16.47 7.31

Fuluhashi Epo Quarterly Data
Mar20 Mar21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 16.47 0.00 0.00 0.00 7.31

TSE:9221 vs WM, RSG, WCN: 5-Year ROIIC % Comparison

For the Waste Management subindustry, Fuluhashi Epo'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.


Fuluhashi Epo 5-Year ROIIC % vs Waste Management Industry

For the Waste Management industry and Industrials sector, Fuluhashi Epo's 5-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Fuluhashi Epo's 5-Year ROIIC % falls into.


TSE:9221
75GF Score
Fuluhashi Epo Corp TSE:9221
5-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fuluhashi Epo 5-Year ROIIC % Calculation

Fuluhashi Epo's 5-Year ROIIC % for the quarter that ended in Mar. 2026 is calculated as:

5-Year ROIIC %=5-Year Incremental Net Operating Profit After Taxes (NOPAT)**/5-Year Incremental Invested Capital**
=( 835.1454148 (Mar. 2026) - 403.2896725 (Mar. 2021) )/( 15689.275 (Mar. 2026) - 9783.414 (Mar. 2021) )
=431.8557423/5905.861
=7.31%***

* 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 7.31 mean?
Fuluhashi Epo (TSE:9221) has a 5-Year ROIIC % of 7.31 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 Fuluhashi Epo and its competitors. According to the industry distribution chart, Fuluhashi Epo ranks #74 out of 213 companies in the Waste Management industry, placing it in the top 34.7%.
Is Fuluhashi Epo's 5-Year ROIIC % too high?
Fuluhashi Epo's current 5-Year ROIIC % is 7.31. The Waste Management industry median 5-Year ROIIC % is 1.34. Fuluhashi Epo's value of 7.31 is 445.5% above this industry median. Based on the distribution chart, Fuluhashi Epo ranks #74 out of 213 companies in the Waste Management industry, which is above the industry midpoint. Overall, Fuluhashi Epo has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Fuluhashi Epo's 5-Year ROIIC % compare to WM and RSG?
According to the Waste Management industry distribution chart, Fuluhashi Epo ranks #74 out of 213 companies for 5-Year ROIIC %. This puts Fuluhashi Epo in the upper half of its industry. The industry median 5-Year ROIIC % is 1.34. Fuluhashi Epo's value of 7.31 is 445.5% 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 Waste Management company?
The median 5-Year ROIIC % among Waste Management companies is 1.34, based on 213 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. Fuluhashi Epo's current 5-Year ROIIC % of 7.31 is 445.5% 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 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 Fuluhashi Epo and its competitors. For the Waste Management industry, the median 5-Year ROIIC % is 1.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fuluhashi Epo's current 5-Year ROIIC % is 7.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fuluhashi Epo stock overvalued right now?
Based on GuruFocus' analysis, Fuluhashi Epo (TSE:9221) is currently considered Fairly Valued. The stock's GF Value™ is 円1,137.26, compared to a current price of 円1,232.00 — trading 8.3% above its estimated fair value. The current 5-Year ROIIC % is 7.31 and 445.5% above the Waste Management industry median of 1.34. Fuluhashi Epo's overall GF Score™ is 75/100 with 2 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 Fuluhashi Epo (TSE:9221), the current 5-Year ROIIC % is 7.31 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 Fuluhashi Epo (TSE:9221) Overvalued in 2026?

Based on GuruFocus' analysis, Fuluhashi Epo stock appears to be overvalued. The current stock price of 円1,232.00 is trading 8.3% above its estimated GF Value™ of 円1,137.26. GuruFocus considers Fuluhashi Epo to be Fairly Valued.

Key valuation signals for TSE:9221:

  • 5-Year ROIIC %: 7.31
  • GF Value™: 円1,137.26 vs. price of 円1,232.00 (8.3% above fair value)
  • GF Score™: 75/100 with 2 warning signs
  • Industry Position: 445.5% above the Waste Management median (#74 of 213)

No single metric tells the full story. See the TSE:9221 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fuluhashi Epo Business Description

Address 1-13-13 Kanayama, Kanayama Place, Naka-ku, Nagoya, JPN, 460-0022
Fuluhashi Epo Corp provides environmental solutions, such as recycling wood waste, selling recycled wood chips as fuel or raw material products, and recycling construction by-products generated at construction sites. In addition, it is involved in manufacturing and selling logistics equipment that takes into consideration the entire process from collection to recycling, and purchasing and selling used logistics equipment. The group's reportable segments are the biomaterials business and the resource recycling business. The majority of its revenue is generated from the biomaterials business, which is engaged in the contract processing of wood waste materials and the manufacture and sale of wood resource chips (raw material chips and fuel chips).
75GF Score

Get the complete analysis for TSE:9221

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

円1,232.00
Price
円1,137.26
GF Value