CommVault SystemsCVLT +0.05%81 3-Year ROIIC % is 5.10 as of Mar. 2026, which is 50% below its 10-year median of 10.20. GuruFocus rates CVLT with a GF Score™ of 81/100 and a GF Value™ of $158.71 (Fairly Valued). The stock has 5 warning signs investors should review. Among 2,621 Software companies, CommVault Systems ranks worse than 50.13% 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.
CommVault Systems's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 5.10%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for CommVault Systems's 3-Year ROIIC % or its related term are showing as below:
CVLT's 3-Year ROIIC % is ranked worse than 50.13% of 2621
companies
in the Software industry
Industry Median: 5.24
vs CVLT: 5.10
CommVault Systems (NAS:CVLT) 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.
CommVault Systems 3-Year ROIIC % Related Terms
CommVault Systems 3-Year ROIIC % Historical Data
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The historical data trend for CommVault Systems'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.
CVLT vs NAVN, ESTC, PCTY: 3-Year ROIIC % Comparison
For the Software - Application subindustry, CommVault Systems'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.
CommVault Systems 3-Year ROIIC % vs Software Industry
For the Software industry and Technology sector, CommVault Systems's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where CommVault Systems's 3-Year ROIIC % falls into.
CommVault Systems'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**
=
( 80.994433 (Mar. 2026) - 53.048 (Mar. 2023) )
/
( 1091.731 (Mar. 2026) - 543.74 (Mar. 2023) )
=
27.946433
/
547.991
=
5.10%***
* 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.
CommVault Systems (CVLT) has a 3-Year ROIIC % of 5.10 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 CommVault Systems and its competitors. This is 50% below median its historical median of 10.20. According to the industry distribution chart, CommVault Systems ranks #1314 out of 2621 companies in the Software industry, placing it in the top 50.1%.
Is CommVault Systems' 3-Year ROIIC % too high?
CommVault Systems' current 3-Year ROIIC % of 5.10 is 50% below median its 10-year median of 10.20. The Software industry median 3-Year ROIIC % is 5.24. CommVault Systems' value of 5.10 is 2.7% below this industry median. Based on the distribution chart, CommVault Systems ranks #1314 out of 2621 companies in the Software industry, which is below the industry midpoint. Overall, CommVault Systems has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CommVault Systems' 3-Year ROIIC % compare to NAVN and ESTC?
According to the Software industry distribution chart, CommVault Systems ranks #1314 out of 2621 companies for 3-Year ROIIC %. This places CommVault Systems in the lower half of its industry. The industry median 3-Year ROIIC % is 5.24. CommVault Systems' value of 5.10 is 2.7% below this benchmark. While the company's 10-year median is 10.20 vs. the industry median of 5.24, CommVault Systems has consistently been below 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 5.24, based on 2,621 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. CommVault Systems's current 3-Year ROIIC % of 5.10 is 2.7% below 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 CommVault Systems and its competitors. For the Software industry, the median 3-Year ROIIC % is 5.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CommVault Systems's current 3-Year ROIIC % is 5.10, which is 50% below median its own 10-year median of 10.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CommVault Systems stock overvalued right now?
Based on GuruFocus' analysis, CommVault Systems (CVLT) is currently considered Fairly Valued. The stock's GF Value™ is $158.71, compared to a current price of $150.05 — trading 5.5% below its estimated fair value. The current 3-Year ROIIC % is 5.10, which is 50% below median its 10-year median of 10.20 and 2.7% below the Software industry median of 5.24. CommVault Systems' overall GF Score™ is 81/100 with 5 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 CommVault Systems (CVLT), the current 3-Year ROIIC % is 5.10 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 CommVault Systems (CVLT) Overvalued in 2026?
Based on GuruFocus' analysis, CommVault Systems stock appears to be undervalued.
The current stock price of $150.05 is trading 5.5% below its estimated GF Value™ of $158.71.
GuruFocus considers CommVault Systems to be Fairly Valued.
Key valuation signals for CVLT:
3-Year ROIIC %: 5.10 (50% below median its 10-year median of 10.20)
GF Value™: $158.71 vs. price of $150.05 (5.5% below fair value)
Industry Position: 2.7% below the Software median (#1314 of 2621)
No single metric tells the full story. See the CVLT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CommVault Systems Inc provides cyber resiliency solutions designed to help the enterprise protect, secure, and recover its data, applications, and identity systems in a world of increasing cyber threats and attacks. Its offerings provide cyber resilience, including data protection, cyber recovery, data security, and governance, aiming to enable customers to continue business. The company delivers its solutions through Commvault Cloud, a cloud native platform that unifies data security, cyber recovery and identity resilience across on-premises, hybrid, multi-cloud, and software-as-a-service environments. It sells its offerings through subscription-based arrangements, including SaaS and term-based subscriptions, and also offers perpetual licenses, customer support, and professional services.
81GF Score
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