Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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.
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.
Nazara Technologies's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was -0.64%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Nazara Technologies's 3-Year ROIIC % or its related term are showing as below:
BOM:543280's 3-Year ROIIC % is ranked worse than 54.37% of 526
companies
in the Interactive Media industry
Industry Median: 3.485
vs BOM:543280: -0.64
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.
Nazara Technologies 3-Year ROIIC % Related Terms
Nazara Technologies 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Nazara Technologies'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.
BOM:543280 vs NTES, EA, TTWO: 3-Year ROIIC % Comparison
For the Electronic Gaming & Multimedia subindustry, Nazara Technologies'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.
Nazara Technologies 3-Year ROIIC % vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Nazara Technologies's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Nazara Technologies's 3-Year ROIIC % falls into.
Nazara Technologies'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**
=
( 242.5 (Mar. 2026) - 405.31023 (Mar. 2023) )
/
( 33593.4 (Mar. 2026) - 8303 (Mar. 2023) )
=
-162.81023
/
25290.4
=
-0.64%***
* 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.
Nazara Technologies (BOM:543280) has a 3-Year ROIIC % of -0.64 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 Nazara Technologies and its competitors. According to the industry distribution chart, Nazara Technologies ranks #286 out of 526 companies in the Interactive Media industry, placing it in the top 54.4%.
Is Nazara Technologies' 3-Year ROIIC % too high?
Nazara Technologies' current 3-Year ROIIC % is -0.64. Based on the distribution chart, Nazara Technologies ranks #286 out of 526 companies in the Interactive Media industry, which is below the industry midpoint. Overall, Nazara Technologies has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nazara Technologies' 3-Year ROIIC % compare to NTES and EA?
According to the Interactive Media industry distribution chart, Nazara Technologies ranks #286 out of 526 companies for 3-Year ROIIC %. This places Nazara Technologies in the lower half of its industry. The industry median 3-Year ROIIC % is 3.49. 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 an Interactive Media company?
The median 3-Year ROIIC % among Interactive Media companies is 3.49, based on 526 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 Nazara Technologies and its competitors. For the Interactive Media industry, the median 3-Year ROIIC % is 3.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nazara Technologies's current 3-Year ROIIC % is -0.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nazara Technologies stock overvalued right now?
Based on GuruFocus' analysis, Nazara Technologies (BOM:543280) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹292.79, compared to a current price of ₹348.05 — trading 18.9% above its estimated fair value. The current 3-Year ROIIC % is -0.64. Nazara Technologies' overall GF Score™ is 84/100 with 8 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 Nazara Technologies (BOM:543280), the current 3-Year ROIIC % is -0.64 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 Nazara Technologies (BOM:543280) Overvalued in 2026?
Based on GuruFocus' analysis, Nazara Technologies stock appears to be overvalued.
The current stock price of ₹348.05 is trading 18.9% above its estimated GF Value™ of ₹292.79.
GuruFocus considers Nazara Technologies to be Modestly Overvalued.
Key valuation signals for BOM:543280:
3-Year ROIIC %: -0.64
GF Value™: ₹292.79 vs. price of ₹348.05 (18.9% above fair value)
No single metric tells the full story. See the BOM:543280 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nazara Technologies Ltd is a mobile game company in India. The company has offerings across the interactive gaming, eSports, ad-tech, and gamified early learning ecosystems including World Cricket Championship (WCC) and CarromClash in mobile games, Kiddopia in gamified early learning, Nodwin, PublishMe and Sportskeeda in eSports and eSports media, OpenPlay, Halaplay and Qunami in skill-based, fantasy and trivia games, and Datawrkz in digital ad tech. The company's segment includes Gaming; eSports; and Ad tech. It generates maximum revenue from the eSports segment. Geographically, it derives a majority of its revenue from the USA.
84GF Score
Get the complete analysis for BOM:543280
3-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BOM:543280 has been successfully added to your 
