Ntt Data Intramart (TSE:3850) ROIC %: 13.87% (As of Mar. 2026)


TSE:3850 Ntt Data Intramart Corp TSE:3850
91 GF Score
Price 円3,125.00
GF Value 円3,483.51
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Ntt Data Intramart ROIC %?

Ntt Data Intramart TSE:3850 -0.79% 91 ROIC % is 13.87% as of Mar. 2026. GuruFocus rates TSE:3850 with a GF Score™ of 91/100 and a GF Value™ of 円3,483.51 (Modestly Undervalued). The stock has 2 warning signs investors should review.

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Ntt Data Intramart's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2026 was 13.87%.

As of today (2026-07-12), Ntt Data Intramart's WACC % is 1.98%. Ntt Data Intramart's ROIC % is 13.66% (calculated using TTM income statement data). Ntt Data Intramart generates higher returns on investment than it costs the company to raise the capital needed for that investment. It is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases.


Ntt Data Intramart  (TSE:3850) ROIC % Explanation

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROIC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Ntt Data Intramart's WACC % is 1.98%. Ntt Data Intramart's ROIC % is 13.66% (calculated using TTM income statement data). Ntt Data Intramart generates higher returns on investment than it costs the company to raise the capital needed for that investment. It is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases.


Be Aware

Like ROE % and ROA %, ROIC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.


Ntt Data Intramart ROIC % Related Terms


Ntt Data Intramart ROIC % Historical Data

* Premium members only.

The historical data trend for Ntt Data Intramart's ROIC % 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.

Ntt Data Intramart ROIC % Chart

Ntt Data Intramart Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.84 15.62 5.39 6.12 13.82

Ntt Data Intramart Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
ROIC % 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 9.45 3.04 8.43 13.26 13.87

TSE:3850 vs MSFT, ORCL, PLTR: ROIC % Comparison

For the Software - Infrastructure subindustry, Ntt Data Intramart's ROIC %, along with its competitors' market caps and ROIC % 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.


Ntt Data Intramart ROIC % vs Software Industry

For the Software industry and Technology sector, Ntt Data Intramart's ROIC % distribution charts can be found below:

* The bar in red indicates where Ntt Data Intramart's ROIC % falls into.


TSE:3850
91GF Score
Ntt Data Intramart Corp TSE:3850
ROIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Ntt Data Intramart ROIC % Calculation

Ntt Data Intramart's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Mar. 2026 is calculated as:

ROIC % (A: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Mar. 2025 ) + Invested Capital (A: Mar. 2026 ))/ count )
=1381.059 * ( 1 - 35.05% )/( (6346.227 + 6630.252)/ 2 )
=896.9978205/6488.2395
=13.82 %

where

Invested Capital(A: Mar. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=9272.523 - 1051.133 - ( 2519.987 - max(0, 3245.413 - 5120.576+2519.987))
=6346.227

Invested Capital(A: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=10996.051 - 2029.426 - ( 2336.373 - max(0, 4176.598 - 7107.011+2336.373))
=6630.252

Ntt Data Intramart's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Mar. 2026 is calculated as:

ROIC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=1393.336 * ( 1 - 33.5% )/( (6725.981 + 6630.252)/ 2 )
=926.56844/6678.1165
=13.87 %

where

Invested Capital(Q: Sep. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=10101.493 - 1008.77 - ( 3119.979 - max(0, 3728.118 - 6094.86+3119.979))
=6725.981

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=10996.051 - 2029.426 - ( 2336.373 - max(0, 4176.598 - 7107.011+2336.373))
=6630.252

Note: The Operating Income data used here is two times the semi-annual (Mar. 2026) data. The tax rate is limited to between 0% and 100%.

* 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.

Frequently Asked Questions Learn more about ROIC % →
What does a ROIC % of 13.87% mean?
Ntt Data Intramart (TSE:3850) has a ROIC % of 13.87% as of Mar. 2026. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Ntt Data Intramart and its competitors.
Is Ntt Data Intramart's ROIC % too high?
Ntt Data Intramart's current ROIC % is 13.87%. The Software industry median ROIC % is 3.09. Ntt Data Intramart's value of 13.87% is 348.9% above this industry median. Overall, Ntt Data Intramart has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ntt Data Intramart's ROIC % compare to MSFT and ORCL?
Ntt Data Intramart's ROIC % of 13.87% can be compared against companies in the Software industry. The industry median ROIC % is 3.09. Ntt Data Intramart's value of 13.87% is 348.9% 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 ROIC % for a Software company?
The median ROIC % among Software companies is 3.09, based on 2,829 companies in the industry. Companies in the top quartile (top 25%) have a ROIC % significantly above this median, while those in the bottom quartile fall well below. However, ROIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ntt Data Intramart's current ROIC % of 13.87% is 348.9% 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 ROIC % mean?
A high ROIC % can signal that a stock is expensive relative to its fundamentals. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Ntt Data Intramart and its competitors. For the Software industry, the median ROIC % is 3.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ntt Data Intramart's current ROIC % is 13.87%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ntt Data Intramart stock overvalued right now?
Based on GuruFocus' analysis, Ntt Data Intramart (TSE:3850) is currently considered Modestly Undervalued. The stock's GF Value™ is 円3,483.51, compared to a current price of 円3,125.00 — trading 10.3% below its estimated fair value. The current ROIC % is 13.87% and 348.9% above the Software industry median of 3.09. Ntt Data Intramart's overall GF Score™ is 91/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROIC % calculated?
ROIC % is calculated from a company's financial statements. For Ntt Data Intramart (TSE:3850), the current ROIC % is 13.87% 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 Ntt Data Intramart (TSE:3850) Overvalued in 2026?

Based on GuruFocus' analysis, Ntt Data Intramart stock appears to be undervalued. The current stock price of 円3,125.00 is trading 10.3% below its estimated GF Value™ of 円3,483.51. GuruFocus considers Ntt Data Intramart to be Modestly Undervalued.

Key valuation signals for TSE:3850:

  • ROIC %: 13.87%
  • GF Value™: 円3,483.51 vs. price of 円3,125.00 (10.3% below fair value)
  • GF Score™: 91/100 with 2 warning signs
  • Industry Position: 348.9% above the Software median

No single metric tells the full story. See the TSE:3850 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ntt Data Intramart Business Description

Address 15-1 Akasaka 4-chome, Akasaka Garden City, 5th floor, Minato-ku, Tokyo, JPN, 107-0052
Ntt Data Intramart Corp provides information technology products & services. It offers intra-mart package software, an application framework for web system integration, as well as provides maintenance, training, and administration services.
91GF Score

Get the complete analysis for TSE:3850

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

円3,125.00
Price
円3,483.51
GF Value