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Neogrid ParticipacoesBSP:NGRD3 78 3-Year ROIIC % is 25.26 as of Dec. 2025, which is 563% above its 10-year median of 3.81. GuruFocus rates BSP:NGRD3 with a GF Score™ of 78/100 and a GF Value™ of R$32.18 (Fairly Valued). The stock has 6 warning signs investors should review. Among 2,625 Software companies, Neogrid Participacoes ranks better than 72.15% on this metric.
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.
Neogrid Participacoes's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 25.26%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Neogrid Participacoes's 3-Year ROIIC % or its related term are showing as below:
BSP:NGRD3's 3-Year ROIIC % is ranked better than 72.15% of 2625
companies
in the Software industry
Industry Median: 5.04
vs BSP:NGRD3: 25.26
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.
Neogrid Participacoes 3-Year ROIIC % Related Terms
Neogrid Participacoes 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Neogrid Participacoes'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.
BSP:NGRD3 vs QH, SHOP, UBER: 3-Year ROIIC % Comparison
For the Software - Application subindustry, Neogrid Participacoes'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.
Neogrid Participacoes 3-Year ROIIC % vs Software Industry
For the Software industry and Technology sector, Neogrid Participacoes's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Neogrid Participacoes's 3-Year ROIIC % falls into.
Neogrid Participacoes's 3-Year ROIIC % for the quarter that ended in Dec. 2025 is calculated as:
3-Year ROIIC %
=
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( -19.846 (Dec. 2025) - 1.451 (Dec. 2022) )
/
( 388.453 (Dec. 2025) - 472.749 (Dec. 2022) )
=
-21.297
/
-84.296
=
25.26%***
* 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.
Neogrid Participacoes (BSP:NGRD3) has a 3-Year ROIIC % of 25.26 as of Dec. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Neogrid Participacoes and its competitors. This is 563% above median its historical median of 3.81. According to the industry distribution chart, Neogrid Participacoes ranks #731 out of 2625 companies in the Software industry, placing it in the top 27.8%.
Is Neogrid Participacoes' 3-Year ROIIC % too high?
Neogrid Participacoes' current 3-Year ROIIC % of 25.26 is 563% above median its 10-year median of 3.81. The Software industry median 3-Year ROIIC % is 5.04. Neogrid Participacoes' value of 25.26 is 401.2% above this industry median. Based on the distribution chart, Neogrid Participacoes ranks #731 out of 2625 companies in the Software industry, which is above the industry midpoint. Overall, Neogrid Participacoes has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Neogrid Participacoes' 3-Year ROIIC % compare to QH and SHOP?
According to the Software industry distribution chart, Neogrid Participacoes ranks #731 out of 2625 companies for 3-Year ROIIC %. This puts Neogrid Participacoes in the upper half of its industry. The industry median 3-Year ROIIC % is 5.04. Neogrid Participacoes' value of 25.26 is 401.2% above this benchmark. While the company's 10-year median is 3.81 vs. the industry median of 5.04, Neogrid Participacoes has consistently been above the industry average. 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 5.04, based on 2,625 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. Neogrid Participacoes's current 3-Year ROIIC % of 25.26 is 401.2% 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 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 Neogrid Participacoes and its competitors. For the Software industry, the median 3-Year ROIIC % is 5.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Neogrid Participacoes's current 3-Year ROIIC % is 25.26, which is 563% above median its own 10-year median of 3.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neogrid Participacoes stock overvalued right now?
Based on GuruFocus' analysis, Neogrid Participacoes (BSP:NGRD3) is currently considered Fairly Valued. The stock's GF Value™ is R$32.18, compared to a current price of R$34.28 — trading 6.5% above its estimated fair value. The current 3-Year ROIIC % is 25.26, which is 563% above median its 10-year median of 3.81 and 401.2% above the Software industry median of 5.04. Neogrid Participacoes' overall GF Score™ is 78/100 with 6 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 Neogrid Participacoes (BSP:NGRD3), the current 3-Year ROIIC % is 25.26 as of Dec. 2025. 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 Neogrid Participacoes (BSP:NGRD3) Overvalued in 2026?
Based on GuruFocus' analysis, Neogrid Participacoes stock appears to be overvalued.
The current stock price of R$34.28 is trading 6.5% above its estimated GF Value™ of R$32.18.
GuruFocus considers Neogrid Participacoes to be Fairly Valued.
Key valuation signals for BSP:NGRD3:
3-Year ROIIC %: 25.26 (563% above median its 10-year median of 3.81)
GF Value™: R$32.18 vs. price of R$34.28 (6.5% above fair value)
Industry Position: 401.2% above the Software median (#731 of 2625)
No single metric tells the full story. See the BSP:NGRD3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Neogrid Participacoes SA and its subsidiaries are engaged in the development, licensing, and implementation of customized software for the management and synchronization of supply chains. Additionally, the Group provides related technical advisory and training services, and is also engaged in the provision of technical IT support services, installation, configuration, and maintenance of software and databases. Geographically, it generates maximum revenue from Brazil and also has its presence, to a lesser extent, in international markets.
78GF Score
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