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3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year.
Black Pearl Group's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was -38.75%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Black Pearl Group's 3-Year ROIIC % or its related term are showing as below:
ASX:BPG's 3-Year ROIIC % is ranked worse than 83% of 2623
companies
in the Software industry
Industry Median: 5.36
vs ASX:BPG: -38.75
Black Pearl Group (ASX:BPG) 3-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.
Black Pearl Group 3-Year ROIIC % Related Terms
Black Pearl Group 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Black Pearl Group's 3-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.
ASX:BPG vs UBER, SHOP, CRM: 3-Year ROIIC % Comparison
For the Software - Application subindustry, Black Pearl Group's 3-Year ROIIC %, along with its competitors' market caps and 3-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.
Black Pearl Group 3-Year ROIIC % vs Software Industry
For the Software industry and Technology sector, Black Pearl Group's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Black Pearl Group's 3-Year ROIIC % falls into.
Black Pearl Group's 3-Year ROIIC % for the quarter that ended in Mar. 2026 is calculated as:
3-Year ROIIC %
=
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( -14.357 (Mar. 2026) - -6.712 (Mar. 2023) )
/
( 27.216 (Mar. 2026) - 6.35 (Mar. 2023) )
=
-7.645
/
20.866
=
-36.64%***
* 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 3-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.
Black Pearl Group (ASX:BPG) has a 3-Year ROIIC % of -38.75 as of Mar. 2026. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Black Pearl Group and its competitors. According to the industry distribution chart, Black Pearl Group ranks #2177 out of 2623 companies in the Software industry, placing it in the top 83%.
Is Black Pearl Group's 3-Year ROIIC % too high?
Black Pearl Group's current 3-Year ROIIC % is -38.75. Based on the distribution chart, Black Pearl Group ranks #2177 out of 2623 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Black Pearl Group has a GF Score™ of 15/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Black Pearl Group's 3-Year ROIIC % compare to UBER and SHOP?
According to the Software industry distribution chart, Black Pearl Group ranks #2177 out of 2623 companies for 3-Year ROIIC %. This places Black Pearl Group in the lower half of its industry. The industry median 3-Year ROIIC % is 5.36. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year ROIIC % for a Software company?
The median 3-Year ROIIC % among Software companies is 5.36, based on 2,623 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 3-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 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Black Pearl Group and its competitors. For the Software industry, the median 3-Year ROIIC % is 5.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Black Pearl Group's current 3-Year ROIIC % is -38.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Black Pearl Group stock overvalued right now?
Based on GuruFocus' analysis, Black Pearl Group (ASX:BPG) is currently considered Possible Value Trap. The stock's GF Value™ is A$1.62, compared to a current price of A$0.40 — trading 75.3% below its estimated fair value. The current 3-Year ROIIC % is -38.75. Black Pearl Group's overall GF Score™ is 15/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For Black Pearl Group (ASX:BPG), the current 3-Year ROIIC % is -38.75 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 Black Pearl Group (ASX:BPG) Overvalued in 2026?
Based on GuruFocus' analysis, Black Pearl Group stock appears to be undervalued.
The current stock price of A$0.40 is trading 75.3% below its estimated GF Value™ of A$1.62.
GuruFocus considers Black Pearl Group to be Possible Value Trap.
Key valuation signals for ASX:BPG:
3-Year ROIIC %: -38.75
GF Value™: A$1.62 vs. price of A$0.40 (75.3% below fair value)
No single metric tells the full story. See the ASX:BPG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Black Pearl Group Ltd is a data technology company that builds, acquires, and markets data-driven cloud services, consisting of a suite of productivity and demand generation applications for small and medium-sized businesses. The company had two reportable segments based on the company's product subscriptions available during the year: Pearl Diver and Newoldstamp. The company makes the majority of its revenue from subscriptions to Pearl Diver.
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