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Time People Group ABNGM:TPGR 50 3-Year ROIIC % is 50.70 as of Apr. 2026, which is 124% above its 10-year median of 22.63. GuruFocus rates NGM:TPGR with a GF Score™ of 50/100 and a GF Value™ of kr4.04 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 2,625 Software companies, Time People Group AB ranks better than 81.45% 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.
Time People Group AB's 3-Year ROIIC % for the quarter that ended in Apr. 2026 was 50.70%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Time People Group AB's 3-Year ROIIC % or its related term are showing as below:
NGM:TPGR's 3-Year ROIIC % is ranked better than 81.45% of 2625
companies
in the Software industry
Industry Median: 5.1
vs NGM:TPGR: 50.70
Time People Group AB (NGM:TPGR) 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.
Time People Group AB 3-Year ROIIC % Related Terms
Time People Group AB 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Time People Group 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.
NGM:TPGR vs IBM, ACN, FISV: 3-Year ROIIC % Comparison
For the Information Technology Services subindustry, Time People Group 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.
Time People Group AB 3-Year ROIIC % vs Software Industry
For the Software industry and Technology sector, Time People Group AB's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Time People Group AB's 3-Year ROIIC % falls into.
Time People Group AB's 3-Year ROIIC % for the quarter that ended in Apr. 2026 is calculated as:
3-Year ROIIC %
=
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( -14.431 (Apr. 2026) - 8.2451282 (Apr. 2023) )
/
( 45.776 (Apr. 2026) - 90.502 (Apr. 2023) )
=
-22.6761282
/
-44.726
=
50.70%***
* 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.
Time People Group AB (NGM:TPGR) has a 3-Year ROIIC % of 50.70 as of Apr. 2026. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Time People Group AB and its competitors. This is 124% above median its historical median of 22.63. According to the industry distribution chart, Time People Group AB ranks #487 out of 2625 companies in the Software industry, placing it in the top 18.6%.
Is Time People Group AB's 3-Year ROIIC % too high?
Time People Group AB's current 3-Year ROIIC % of 50.70 is 124% above median its 10-year median of 22.63. The Software industry median 3-Year ROIIC % is 5.10. Time People Group AB's value of 50.70 is 894.1% above this industry median. Based on the distribution chart, Time People Group AB ranks #487 out of 2625 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Time People Group AB has a GF Score™ of 50/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Time People Group AB's 3-Year ROIIC % compare to IBM and ACN?
According to the Software industry distribution chart, Time People Group AB ranks #487 out of 2625 companies for 3-Year ROIIC %. This places Time People Group AB in the top 19% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 5.10. Time People Group AB's value of 50.70 is 894.1% above this benchmark. While the company's 10-year median is 22.63 vs. the industry median of 5.10, Time People Group 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 5.10, based on 2,625 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. Time People Group AB's current 3-Year ROIIC % of 50.70 is 894.1% 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 Time People Group AB and its competitors. For the Software industry, the median 3-Year ROIIC % is 5.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Time People Group AB's current 3-Year ROIIC % is 50.70, which is 124% above median its own 10-year median of 22.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Time People Group AB stock overvalued right now?
Based on GuruFocus' analysis, Time People Group AB (NGM:TPGR) is currently considered Significantly Undervalued. The stock's GF Value™ is kr4.04, compared to a current price of kr0.70 — trading 82.7% below its estimated fair value. The current 3-Year ROIIC % is 50.70, which is 124% above median its 10-year median of 22.63 and 894.1% above the Software industry median of 5.10. Time People Group AB's overall GF Score™ is 50/100 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 Time People Group AB (NGM:TPGR), the current 3-Year ROIIC % is 50.70 as of Apr. 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 Time People Group AB (NGM:TPGR) Overvalued in 2026?
Based on GuruFocus' analysis, Time People Group AB stock appears to be undervalued.
The current stock price of kr0.70 is trading 82.7% below its estimated GF Value™ of kr4.04.
GuruFocus considers Time People Group AB to be Significantly Undervalued.
Key valuation signals for NGM:TPGR:
3-Year ROIIC %: 50.70 (124% above median its 10-year median of 22.63)
GF Value™: kr4.04 vs. price of kr0.70 (82.7% below fair value)
Industry Position: 894.1% above the Software median (#487 of 2625)
No single metric tells the full story. See the NGM:TPGR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Time People Group AB conducts consulting activities in Stockholm. It offers services that cover the entire chain from plan, change and project management, programs, and system and method development, to test engagement and management. The group operates under its own brands with a clear focus and expertise in IT and Management.
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