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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.
Vario Secure does not have enough data to calculate 10-Year ROIIC %.
Vario Secure (TSE:4494) 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.
Vario Secure 10-Year ROIIC % Related Terms
Vario Secure 10-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Vario Secure'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:4494 vs MSFT, ORCL, PLTR: 10-Year ROIIC % Comparison
For the Software - Infrastructure subindustry, Vario Secure'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.
Vario Secure 10-Year ROIIC % vs Software Industry
For the Software industry and Technology sector, Vario Secure's 10-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Vario Secure's 10-Year ROIIC % falls into.
Vario Secure's 10-Year ROIIC % for the quarter that ended in Feb. 2026 is calculated as:
10-Year ROIIC %
=
10-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
10-Year Incremental Invested Capital**
=
( 117.0412672 (Feb. 2026) - (Feb. 2016) )
/
( 6578.863 (Feb. 2026) - (Feb. 2016) )
=
/
=
N/A%***
* 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.
Vario Secure (TSE:4494) has a 10-Year ROIIC % of 11.37 as of Feb. 2026. 10-Year ROIIC % measures the change in earnings as a percentage of change in investment over 10-year. View historical data on Vario Secure and its competitors. According to the industry distribution chart, Vario Secure ranks #756 out of 2120 companies in the Software industry, placing it in the top 35.7%.
Is Vario Secure's 10-Year ROIIC % too high?
Vario Secure's current 10-Year ROIIC % is 11.37. The Software industry median 10-Year ROIIC % is 4.19. Vario Secure's value of 11.37 is 171.7% above this industry median. Based on the distribution chart, Vario Secure ranks #756 out of 2120 companies in the Software industry, which is above the industry midpoint. Overall, Vario Secure has a GF Score™ of 56/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vario Secure's 10-Year ROIIC % compare to MSFT and ORCL?
According to the Software industry distribution chart, Vario Secure ranks #756 out of 2120 companies for 10-Year ROIIC %. This puts Vario Secure in the upper half of its industry. The industry median 10-Year ROIIC % is 4.19. Vario Secure's value of 11.37 is 171.7% 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 4.19, based on 2,120 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. Vario Secure's current 10-Year ROIIC % of 11.37 is 171.7% 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 Vario Secure and its competitors. For the Software industry, the median 10-Year ROIIC % is 4.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vario Secure's current 10-Year ROIIC % is 11.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vario Secure stock overvalued right now?
Based on GuruFocus' analysis, Vario Secure (TSE:4494) is currently considered Modestly Undervalued. The stock's GF Value™ is 円760.08, compared to a current price of 円680.00 — trading 10.5% below its estimated fair value. The current 10-Year ROIIC % is 11.37 and 171.7% above the Software industry median of 4.19. Vario Secure's overall GF Score™ is 56/100 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 Vario Secure (TSE:4494), the current 10-Year ROIIC % is 11.37 as of Feb. 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 Vario Secure (TSE:4494) Overvalued in 2026?
Based on GuruFocus' analysis, Vario Secure stock appears to be undervalued.
The current stock price of 円680.00 is trading 10.5% below its estimated GF Value™ of 円760.08.
GuruFocus considers Vario Secure to be Modestly Undervalued.
Key valuation signals for TSE:4494:
10-Year ROIIC %: 11.37
GF Value™: 円760.08 vs. price of 円680.00 (10.5% below fair value)
Industry Position: 171.7% above the Software median (#756 of 2120)
No single metric tells the full story. See the TSE:4494 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vario Secure Inc is engaged in providing internet security services that protect the network environment of enterprises from various threats arising from internet usage, by utilizing its in-house developed security instruments and operating system. The company provides one-stop security services, from installation and implementation to operation, monitoring, and support, for small and medium-sized enterprises that struggle to spare dedicated personnel for IT issues, which are becoming increasingly sophisticated and complicated daily. The Company operates in a single segment, the Internet security services business.
56GF Score
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