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WavestoneFRA:2WSA 96 3-Year ROIIC % is 7.64 as of Mar. 2026, which is 8% below its 10-year median of 8.30. GuruFocus rates FRA:2WSA with a GF Score™ of 96/100 and a GF Value™ of €59.72 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 2,623 Software companies, Wavestone ranks better than 54.33% 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.
Wavestone's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 7.64%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Wavestone's 3-Year ROIIC % or its related term are showing as below:
FRA:2WSA's 3-Year ROIIC % is ranked better than 54.33% of 2623
companies
in the Software industry
Industry Median: 5.34
vs FRA:2WSA: 7.64
Wavestone (FRA:2WSA) 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.
Wavestone 3-Year ROIIC % Related Terms
Wavestone 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Wavestone'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:2WSA vs IBM, ACN, FISV: 3-Year ROIIC % Comparison
For the Information Technology Services subindustry, Wavestone'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.
Wavestone 3-Year ROIIC % vs Software Industry
For the Software industry and Technology sector, Wavestone's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Wavestone's 3-Year ROIIC % falls into.
* 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.
Wavestone (FRA:2WSA) has a 3-Year ROIIC % of 7.64 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 Wavestone and its competitors. This is near median its historical median of 8.30. According to the industry distribution chart, Wavestone ranks #1198 out of 2623 companies in the Software industry, placing it in the top 45.7%.
Is Wavestone's 3-Year ROIIC % too high?
Wavestone's current 3-Year ROIIC % of 7.64 is near median its 10-year median of 8.30. The Software industry median 3-Year ROIIC % is 5.34. Wavestone's value of 7.64 is 43.1% above this industry median. Based on the distribution chart, Wavestone ranks #1198 out of 2623 companies in the Software industry, which is above the industry midpoint. Overall, Wavestone has a GF Score™ of 96/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Wavestone's 3-Year ROIIC % compare to IBM and ACN?
According to the Software industry distribution chart, Wavestone ranks #1198 out of 2623 companies for 3-Year ROIIC %. This puts Wavestone in the upper half of its industry. The industry median 3-Year ROIIC % is 5.34. Wavestone's value of 7.64 is 43.1% above this benchmark. While the company's 10-year median is 8.30 vs. the industry median of 5.34, Wavestone 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 5.34, 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. Wavestone's current 3-Year ROIIC % of 7.64 is 43.1% 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 Wavestone and its competitors. For the Software industry, the median 3-Year ROIIC % is 5.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wavestone's current 3-Year ROIIC % is 7.64, which is near median its own 10-year median of 8.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wavestone stock overvalued right now?
Based on GuruFocus' analysis, Wavestone (FRA:2WSA) is currently considered Significantly Undervalued. The stock's GF Value™ is €59.72, compared to a current price of €37.65 — trading 37% below its estimated fair value. The current 3-Year ROIIC % is 7.64, which is near median its 10-year median of 8.30 and 43.1% above the Software industry median of 5.34. Wavestone's overall GF Score™ is 96/100 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 Wavestone (FRA:2WSA), the current 3-Year ROIIC % is 7.64 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 Wavestone (FRA:2WSA) Overvalued in 2026?
Based on GuruFocus' analysis, Wavestone stock appears to be undervalued.
The current stock price of €37.65 is trading 37% below its estimated GF Value™ of €59.72.
GuruFocus considers Wavestone to be Significantly Undervalued.
Key valuation signals for FRA:2WSA:
3-Year ROIIC %: 7.64 (near median its 10-year median of 8.30)
GF Value™: €59.72 vs. price of €37.65 (37% below fair value)
Industry Position: 43.1% above the Software median (#1198 of 2623)
No single metric tells the full story. See the FRA:2WSA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wavestone SA is a management and Information Technology consulting firm. The company serves Services, Consumer goods and distribution, Energy and Utilities, Manufacturing, Public sector and International Institutions, and the Transport and Travel sector. Its technologies include IT and Data architecture, Cybersecurity and digital trust, and others. It provides services such as financial risks and purchases, management and financing of innovation, supply chain, and others. Geographically, it generates the majority of its revenue from France.
96GF Score
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