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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.
Softfront Holdings's 10-Year ROIIC % for the quarter that ended in Mar. 2026 was 199.96%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Softfront Holdings's 10-Year ROIIC % or its related term are showing as below:
TSE:2321's 10-Year ROIIC % is ranked better than 95.83% of 2112
companies
in the Software industry
Industry Median: 4.335
vs TSE:2321: 199.96
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.
Softfront Holdings 10-Year ROIIC % Related Terms
Softfront Holdings 10-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Softfront Holdings'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.
TSE:2321 vs CRM, SHOP, UBER: 10-Year ROIIC % Comparison
For the Software - Application subindustry, Softfront Holdings'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.
Softfront Holdings 10-Year ROIIC % vs Software Industry
For the Software industry and Technology sector, Softfront Holdings's 10-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Softfront Holdings's 10-Year ROIIC % falls into.
Softfront Holdings'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**
=
( -117.888 (Mar. 2026) - -452.868 (Mar. 2016) )
/
( 431.801 (Mar. 2026) - 264.279 (Mar. 2016) )
=
334.98
/
167.522
=
199.96%***
* 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.
Softfront Holdings (TSE:2321) has a 10-Year ROIIC % of 199.96 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 Softfront Holdings and its competitors. According to the industry distribution chart, Softfront Holdings ranks #88 out of 2112 companies in the Software industry, placing it in the top 4.2%.
Is Softfront Holdings' 10-Year ROIIC % too high?
Softfront Holdings' current 10-Year ROIIC % is 199.96. The Software industry median 10-Year ROIIC % is 4.34. Softfront Holdings' value of 199.96 is 4512.7% above this industry median. Based on the distribution chart, Softfront Holdings ranks #88 out of 2112 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Softfront Holdings has a GF Score™ of 38/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Softfront Holdings' 10-Year ROIIC % compare to CRM and SHOP?
According to the Software industry distribution chart, Softfront Holdings ranks #88 out of 2112 companies for 10-Year ROIIC %. This places Softfront Holdings in the top 4% of its industry — outperforming the majority of peers. The industry median 10-Year ROIIC % is 4.34. Softfront Holdings' value of 199.96 is 4512.7% 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 10-Year ROIIC % for a Software company?
The median 10-Year ROIIC % among Software companies is 4.34, based on 2,112 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. Softfront Holdings's current 10-Year ROIIC % of 199.96 is 4512.7% 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 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 Softfront Holdings and its competitors. For the Software industry, the median 10-Year ROIIC % is 4.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Softfront Holdings's current 10-Year ROIIC % is 199.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Softfront Holdings stock overvalued right now?
Based on GuruFocus' analysis, Softfront Holdings (TSE:2321) is currently considered Significantly Overvalued. The stock's GF Value™ is 円66.65, compared to a current price of 円161.00 — trading 141.6% above its estimated fair value. The current 10-Year ROIIC % is 199.96 and 4512.7% above the Software industry median of 4.34. Softfront Holdings' overall GF Score™ is 38/100 with 4 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 Softfront Holdings (TSE:2321), the current 10-Year ROIIC % is 199.96 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 Softfront Holdings (TSE:2321) Overvalued in 2026?
Based on GuruFocus' analysis, Softfront Holdings stock appears to be overvalued.
The current stock price of 円161.00 is trading 141.6% above its estimated GF Value™ of 円66.65.
GuruFocus considers Softfront Holdings to be Significantly Overvalued.
Key valuation signals for TSE:2321:
10-Year ROIIC %: 199.96
GF Value™: 円66.65 vs. price of 円161.00 (141.6% above fair value)
Industry Position: 4512.7% above the Software median (#88 of 2112)
No single metric tells the full story. See the TSE:2321 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Softfront Holdings is engaged in contract development consultation in Japan. It also provides technical assistance for the software development environment that provides the core technology and SIP / VoIP. Its core activity includes communications technology. The group operates in a single segment, the communications platform-related business.
38GF Score
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