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Tick Trading Software AGFRA:TBX0 78 3-Year ROIIC % is 38.06 as of Sep. 2025, which is 480% above its 10-year median of 6.56. GuruFocus rates FRA:TBX0 with a GF Score™ of 78/100 and a GF Value™ of €9.25. The stock has 5 warning signs investors should review. Among 2,624 Software companies, Tick Trading Software AG ranks better than 78.01% 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.
Tick Trading Software AG's 3-Year ROIIC % for the quarter that ended in Sep. 2025 was 38.06%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Tick Trading Software AG's 3-Year ROIIC % or its related term are showing as below:
FRA:TBX0's 3-Year ROIIC % is ranked better than 78.01% of 2624
companies
in the Software industry
Industry Median: 5.085
vs FRA:TBX0: 38.06
Tick Trading Software AG (FRA:TBX0) 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.
Tick Trading Software AG 3-Year ROIIC % Related Terms
Tick Trading Software AG 3-Year ROIIC % Historical Data
* 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:TBX0 vs CRM, SHOP, UBER: 3-Year ROIIC % Comparison
For the Software - Application subindustry, Tick Trading Software AG'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.
Tick Trading Software AG 3-Year ROIIC % vs Software Industry
For the Software industry and Technology sector, Tick Trading Software AG's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Tick Trading Software AG's 3-Year ROIIC % falls into.
Tick Trading Software AG 3-Year ROIIC % Calculation
Tick Trading Software AG's 3-Year ROIIC % for the quarter that ended in Sep. 2025 is calculated as:
3-Year ROIIC %
=
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( 2.057607 (Sep. 2025) - 1.7017266 (Sep. 2022) )
/
( 2.849 (Sep. 2025) - 1.914 (Sep. 2022) )
=
0.3558804
/
0.935
=
38.06%***
* 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.
Tick Trading Software AG (FRA:TBX0) has a 3-Year ROIIC % of 38.06 as of Sep. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Tick Trading Software AG and its competitors. This is 480% above median its historical median of 6.56. According to the industry distribution chart, Tick Trading Software AG ranks #577 out of 2624 companies in the Software industry, placing it in the top 22%.
Is Tick Trading Software AG's 3-Year ROIIC % too high?
Tick Trading Software AG's current 3-Year ROIIC % of 38.06 is 480% above median its 10-year median of 6.56. The Software industry median 3-Year ROIIC % is 5.09. Tick Trading Software AG's value of 38.06 is 648.5% above this industry median. Based on the distribution chart, Tick Trading Software AG ranks #577 out of 2624 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Tick Trading Software AG has a GF Score™ of 78/100, reflecting its overall financial health beyond just this single metric.
How does Tick Trading Software AG's 3-Year ROIIC % compare to CRM and SHOP?
According to the Software industry distribution chart, Tick Trading Software AG ranks #577 out of 2624 companies for 3-Year ROIIC %. This places Tick Trading Software AG in the top 22% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 5.09. Tick Trading Software AG's value of 38.06 is 648.5% above this benchmark. While the company's 10-year median is 6.56 vs. the industry median of 5.09, Tick Trading Software AG 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 5.09, based on 2,624 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. Tick Trading Software AG's current 3-Year ROIIC % of 38.06 is 648.5% 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 Tick Trading Software AG and its competitors. For the Software industry, the median 3-Year ROIIC % is 5.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tick Trading Software AG's current 3-Year ROIIC % is 38.06, which is 480% above median its own 10-year median of 6.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tick Trading Software AG stock overvalued right now?
Tick Trading Software AG (FRA:TBX0) has a current 3-Year ROIIC % of 38.06. The stock's GF Value™ is €9.25, compared to a current price of €7.25 — trading 21.6% below its estimated fair value. The current 3-Year ROIIC % is 38.06, which is 480% above median its 10-year median of 6.56 and 648.5% above the Software industry median of 5.09. Tick Trading Software AG's overall GF Score™ is 78/100 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 Tick Trading Software AG (FRA:TBX0), the current 3-Year ROIIC % is 38.06 as of Sep. 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 Tick Trading Software AG (FRA:TBX0) Overvalued in 2026?
Based on GuruFocus' analysis, Tick Trading Software AG stock appears to be undervalued.
The current stock price of €7.25 is trading 21.6% below its estimated GF Value™ of €9.25.
Key valuation signals for FRA:TBX0:
3-Year ROIIC %: 38.06 (480% above median its 10-year median of 6.56)
GF Value™: €9.25 vs. price of €7.25 (21.6% below fair value)
Industry Position: 648.5% above the Software median (#577 of 2624)
No single metric tells the full story. See the FRA:TBX0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tick Trading Software AG develops and distributes software packages for professional trading. The company's products are the TBMX Trading Platform, tick-TS Cloud, e-Trading Compliance Monitor, and others. tick Trading Software AG is active in the field of programming IT software; The focus here is on the programming of EDP software in the financial services segment (stock market software, trading software, etc.). In addition, it offers its customers "Software as a Service" housing and hosting of complex server systems for stock exchange trading in combination with its software solutions.
78GF Score
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