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Micro Systemation ABFRA:W98 71 3-Year ROIIC % is 209.26 as of Dec. 2025, which is 954% above its 10-year median of 19.86. GuruFocus rates FRA:W98 with a GF Score™ of 71/100 and a GF Value™ of €6.28 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 2,623 Software companies, Micro Systemation AB ranks better than 94.17% 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.
Micro Systemation AB's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 209.26%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Micro Systemation AB's 3-Year ROIIC % or its related term are showing as below:
FRA:W98's 3-Year ROIIC % is ranked better than 94.17% of 2623
companies
in the Software industry
Industry Median: 5.36
vs FRA:W98: 209.26
Micro Systemation AB (FRA:W98) 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.
Micro Systemation AB 3-Year ROIIC % Related Terms
Micro Systemation AB 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Micro Systemation AB'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:W98 vs UBER, SHOP, CRM: 3-Year ROIIC % Comparison
For the Software - Application subindustry, Micro Systemation AB'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.
Micro Systemation AB 3-Year ROIIC % vs Software Industry
For the Software industry and Technology sector, Micro Systemation AB's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Micro Systemation AB's 3-Year ROIIC % falls into.
Micro Systemation AB'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**
=
( 4.8930666 (Dec. 2025) - 1.365606 (Dec. 2022) )
/
( 17.48 (Dec. 2025) - 15.641 (Dec. 2022) )
=
3.5274606
/
1.839
=
191.81%***
* 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.
Micro Systemation AB (FRA:W98) has a 3-Year ROIIC % of 209.26 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 Micro Systemation AB and its competitors. This is 954% above median its historical median of 19.86. According to the industry distribution chart, Micro Systemation AB ranks #153 out of 2623 companies in the Software industry, placing it in the top 5.8%.
Is Micro Systemation AB's 3-Year ROIIC % too high?
Micro Systemation AB's current 3-Year ROIIC % of 209.26 is 954% above median its 10-year median of 19.86. The Software industry median 3-Year ROIIC % is 5.36. Micro Systemation AB's value of 209.26 is 3804.1% above this industry median. Based on the distribution chart, Micro Systemation AB ranks #153 out of 2623 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Micro Systemation AB has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Micro Systemation AB's 3-Year ROIIC % compare to UBER and SHOP?
According to the Software industry distribution chart, Micro Systemation AB ranks #153 out of 2623 companies for 3-Year ROIIC %. This places Micro Systemation AB in the top 6% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 5.36. Micro Systemation AB's value of 209.26 is 3804.1% above this benchmark. While the company's 10-year median is 19.86 vs. the industry median of 5.36, Micro Systemation AB 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 5.36, 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. Micro Systemation AB's current 3-Year ROIIC % of 209.26 is 3804.1% 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 Micro Systemation AB and its competitors. For the Software industry, the median 3-Year ROIIC % is 5.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Micro Systemation AB's current 3-Year ROIIC % is 209.26, which is 954% above median its own 10-year median of 19.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Micro Systemation AB stock overvalued right now?
Based on GuruFocus' analysis, Micro Systemation AB (FRA:W98) is currently considered Modestly Overvalued. The stock's GF Value™ is €6.28, compared to a current price of €7.54 — trading 20.1% above its estimated fair value. The current 3-Year ROIIC % is 209.26, which is 954% above median its 10-year median of 19.86 and 3804.1% above the Software industry median of 5.36. Micro Systemation AB's overall GF Score™ is 71/100 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 Micro Systemation AB (FRA:W98), the current 3-Year ROIIC % is 209.26 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 Micro Systemation AB (FRA:W98) Overvalued in 2026?
Based on GuruFocus' analysis, Micro Systemation AB stock appears to be overvalued.
The current stock price of €7.54 is trading 20.1% above its estimated GF Value™ of €6.28.
GuruFocus considers Micro Systemation AB to be Modestly Overvalued.
Key valuation signals for FRA:W98:
3-Year ROIIC %: 209.26 (954% above median its 10-year median of 19.86)
GF Value™: €6.28 vs. price of €7.54 (20.1% above fair value)
Industry Position: 3804.1% above the Software median (#153 of 2623)
No single metric tells the full story. See the FRA:W98 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Micro Systemation AB is engaged in product development, production, and sales of solutions within the area of mobile digital forensics. It provides software products to extract, analyse, and present data from digital devices, predominantly mobile phones. The Group has three main product families: XRY, XAMN, and XEC. The products are used mainly by police, military, and intelligence agencies and are effective tools for securing evidence. The majority of the Group's sales are generated in the European market, with the United Kingdom being a substantial contributor; the rest comes from North America and other regions.
71GF Score
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