VLC Holdings Co (NGO:2467) 10-Year ROIIC % : -162.40% (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

NGO:2467 VLC Holdings Co Ltd NGO:2467
49 GF Score
Price 円210.00
GF Value 円141.25
Valuation Significantly Overvalued
! 5 Warning Signs
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What is VLC Holdings Co 10-Year ROIIC %?

VLC Holdings Co NGO:2467 +1.94% 49 10-Year ROIIC % is -162.40 as of Mar. 2026. GuruFocus rates NGO:2467 with a GF Score™ of 49/100 and a GF Value™ of 円141.25 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,121 Software companies, VLC Holdings Co ranks worse than 95.05% on this metric.

10-Year Return on Invested Incremental Capital (10-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 10-year. VLC Holdings Co's 10-Year ROIIC % for the quarter that ended in Mar. 2026 was -162.40%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for VLC Holdings Co's 10-Year ROIIC % or its related term are showing as below:

NGO:2467's 10-Year ROIIC % is ranked worse than
95.05% of 2121 companies
in the Software industry
Industry Median: 4.2 vs NGO:2467: -162.40

VLC Holdings Co  (NGO:2467) 10-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.


VLC Holdings Co 10-Year ROIIC % Related Terms


VLC Holdings Co 10-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for VLC Holdings Co's 10-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.

VLC Holdings Co 10-Year ROIIC % Chart

VLC Holdings Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
10-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.78 16.65 268.49 0.00 -162.40

VLC Holdings Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
10-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 268.49 0.00 0.00 0.00 -162.40

NGO:2467 vs IBM, ACN, FISV: 10-Year ROIIC % Comparison

For the Information Technology Services subindustry, VLC Holdings Co's 10-Year ROIIC %, along with its competitors' market caps and 10-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.


VLC Holdings Co 10-Year ROIIC % vs Software Industry

For the Software industry and Technology sector, VLC Holdings Co's 10-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where VLC Holdings Co's 10-Year ROIIC % falls into.


NGO:2467
49GF Score
VLC Holdings Co Ltd NGO:2467
10-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

VLC Holdings Co 10-Year ROIIC % Calculation

VLC Holdings Co's 10-Year ROIIC % for the quarter that ended in Mar. 2026 is calculated as:

10-Year ROIIC %=10-Year Incremental Net Operating Profit After Taxes (NOPAT)**/10-Year Incremental Invested Capital**
=( -319.144656 (Mar. 2026) - 56.711456 (Mar. 2016) )/( 964.515 (Mar. 2026) - 733.074 (Mar. 2016) )
=-375.856112/231.441
=-162.40%***

* 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 10-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 10-Year ROIIC % →
What does a 10-Year ROIIC % of -162.40 mean?
VLC Holdings Co (NGO:2467) has a 10-Year ROIIC % of -162.40 as of Mar. 2026. 10-Year ROIIC % measures the change in earnings as a percentage of change in investment over 10-year. View historical data on VLC Holdings Co and its competitors. According to the industry distribution chart, VLC Holdings Co ranks #2016 out of 2121 companies in the Software industry, placing it in the top 95%.
Is VLC Holdings Co's 10-Year ROIIC % too high?
VLC Holdings Co's current 10-Year ROIIC % is -162.40. Based on the distribution chart, VLC Holdings Co ranks #2016 out of 2121 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, VLC Holdings Co has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does VLC Holdings Co's 10-Year ROIIC % compare to IBM and ACN?
According to the Software industry distribution chart, VLC Holdings Co ranks #2016 out of 2121 companies for 10-Year ROIIC %. This places VLC Holdings Co in the lower half of its industry. The industry median 10-Year ROIIC % is 4.20. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 10-Year ROIIC % for a Software company?
The median 10-Year ROIIC % among Software companies is 4.20, based on 2,121 companies in the industry. Companies in the top quartile (top 25%) have a 10-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 10-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 10-Year ROIIC % mean?
A high 10-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 10-Year ROIIC % measures the change in earnings as a percentage of change in investment over 10-year. View historical data on VLC Holdings Co and its competitors. For the Software industry, the median 10-Year ROIIC % is 4.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VLC Holdings Co's current 10-Year ROIIC % is -162.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VLC Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, VLC Holdings Co (NGO:2467) is currently considered Significantly Overvalued. The stock's GF Value™ is 円141.25, compared to a current price of 円210.00 — trading 48.7% above its estimated fair value. The current 10-Year ROIIC % is -162.40. VLC Holdings Co's overall GF Score™ is 49/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 10-Year ROIIC % calculated?
10-Year ROIIC % is calculated from a company's financial statements. For VLC Holdings Co (NGO:2467), the current 10-Year ROIIC % is -162.40 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 VLC Holdings Co (NGO:2467) Overvalued in 2026?

Based on GuruFocus' analysis, VLC Holdings Co stock appears to be overvalued. The current stock price of 円210.00 is trading 48.7% above its estimated GF Value™ of 円141.25. GuruFocus considers VLC Holdings Co to be Significantly Overvalued.

Key valuation signals for NGO:2467:

  • 10-Year ROIIC %: -162.40
  • GF Value™: 円141.25 vs. price of 円210.00 (48.7% above fair value)
  • GF Score™: 49/100 with 5 warning signs

No single metric tells the full story. See the NGO:2467 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


VLC Holdings Co Business Description

Address No. 2, No. 2, Chuo-ku Nihombashi Bashoku-cho, Asahi Mutual Life Insurance Building, Chuo-ku, Tokyo, JPN, 103-0002
VLC Holdings Co Ltd provides consultancy services. It also offers compliance management, internet marketing research and other survey services. Its consulting business includes information security, marketing research through internet and sales promotion. It provides other services related to cybersecurity products.
49GF Score

Get the complete analysis for NGO:2467

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

円210.00
Price
円141.25
GF Value