SpyrosoftFRA:2NP -0.65%69 3-Year ROIIC % is 21.76 as of Dec. 2025, which is 30% below its 10-year median of 31.18. GuruFocus rates FRA:2NP with a GF Score™ of 69/100 and a GF Value™ of €156.74 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 2,621 Software companies, Spyrosoft ranks better than 69.4% 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.
Spyrosoft's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 21.76%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Spyrosoft's 3-Year ROIIC % or its related term are showing as below:
FRA:2NP's 3-Year ROIIC % is ranked better than 69.4% of 2621
companies
in the Software industry
Industry Median: 5.24
vs FRA:2NP: 21.76
Spyrosoft (FRA:2NP) 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.
Spyrosoft 3-Year ROIIC % Related Terms
Spyrosoft 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Spyrosoft'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.
FRA:2NP vs UBER, SHOP, CRM: 3-Year ROIIC % Comparison
For the Software - Application subindustry, Spyrosoft'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.
Spyrosoft 3-Year ROIIC % vs Software Industry
For the Software industry and Technology sector, Spyrosoft's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Spyrosoft's 3-Year ROIIC % falls into.
Spyrosoft'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**
=
( 12.774517 (Dec. 2025) - 8.8349413 (Dec. 2022) )
/
( 40.306 (Dec. 2025) - 22.194 (Dec. 2022) )
=
3.9395757
/
18.112
=
21.75%***
* 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.
Spyrosoft (FRA:2NP) has a 3-Year ROIIC % of 21.76 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 Spyrosoft and its competitors. This is 30% below median its historical median of 31.18. Over the past decade, Spyrosoft's 3-Year ROIIC % has ranged from 16.10 to 57.72. According to the industry distribution chart, Spyrosoft ranks #802 out of 2621 companies in the Software industry, placing it in the top 30.6%.
Is Spyrosoft's 3-Year ROIIC % too high?
Spyrosoft's current 3-Year ROIIC % of 21.76 is 30% below median its 10-year median of 31.18. Over the past 10 years, this metric has ranged from a low of 16.10 to a high of 57.72. The Software industry median 3-Year ROIIC % is 5.24. Spyrosoft's value of 21.76 is 315.3% above this industry median. Based on the distribution chart, Spyrosoft ranks #802 out of 2621 companies in the Software industry, which is above the industry midpoint. Overall, Spyrosoft has a GF Score™ of 69/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Spyrosoft's 3-Year ROIIC % compare to UBER and SHOP?
According to the Software industry distribution chart, Spyrosoft ranks #802 out of 2621 companies for 3-Year ROIIC %. This puts Spyrosoft in the upper half of its industry. The industry median 3-Year ROIIC % is 5.24. Spyrosoft's value of 21.76 is 315.3% above this benchmark. Historically, Spyrosoft's own 3-Year ROIIC % has ranged from 16.10 to 57.72 over the past decade. While the company's 10-year median is 31.18 vs. the industry median of 5.24, Spyrosoft 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 5.24, 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. Spyrosoft's current 3-Year ROIIC % of 21.76 is 315.3% 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 Spyrosoft 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. Spyrosoft's current 3-Year ROIIC % is 21.76, which is 30% below median its own 10-year median of 31.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spyrosoft stock overvalued right now?
Based on GuruFocus' analysis, Spyrosoft (FRA:2NP) is currently considered Significantly Undervalued. The stock's GF Value™ is €156.74, compared to a current price of €91.40 — trading 41.7% below its estimated fair value. The current 3-Year ROIIC % is 21.76, which is 30% below median its 10-year median of 31.18 and 315.3% above the Software industry median of 5.24. Spyrosoft's overall GF Score™ is 69/100 with 3 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 Spyrosoft (FRA:2NP), the current 3-Year ROIIC % is 21.76 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 Spyrosoft (FRA:2NP) Overvalued in 2026?
Based on GuruFocus' analysis, Spyrosoft stock appears to be undervalued.
The current stock price of €91.40 is trading 41.7% below its estimated GF Value™ of €156.74.
GuruFocus considers Spyrosoft to be Significantly Undervalued.
Key valuation signals for FRA:2NP:
3-Year ROIIC %: 21.76 (30% below median its 10-year median of 31.18)
GF Value™: €156.74 vs. price of €91.40 (41.7% below fair value)
Industry Position: 315.3% above the Software median (#802 of 2621)
No single metric tells the full story. See the FRA:2NP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Spyrosoft SA is engaged in providing information technology services. The company has expertise in Automotive, Financial Services, and Geospatial services among other sectors. The services offered by the company include Cloud, Embedded software engineering, Enterprise software engineering, Managed Services and Business and product design among others.
69GF Score
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