NAVER (NHNCF) 3-Year ROIIC % : 16.81% (As of Dec. 2025) — 1224% Above Median

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NHNCF NAVER Corp NHNCF
96 GF Score
Price $115.00
GF Value $158.47
! 3 Warning Signs
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What is NAVER 3-Year ROIIC %?

NAVER NHNCF 96 3-Year ROIIC % is 16.81 as of Dec. 2025, which is 1224% above its 10-year median of 1.27. GuruFocus rates NHNCF with a GF Score™ of 96/100 and a GF Value™ of $158.47. The stock has 3 warning signs investors should review. Among 530 Interactive Media companies, NAVER ranks better than 60% 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. NAVER's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 16.81%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for NAVER's 3-Year ROIIC % or its related term are showing as below:

NHNCF's 3-Year ROIIC % is ranked better than
60% of 530 companies
in the Interactive Media industry
Industry Median: 3.385 vs NHNCF: 16.81

NAVER  (OTCPK:NHNCF) 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.


NAVER 3-Year ROIIC % Related Terms


NAVER 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for NAVER'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.

NAVER 3-Year ROIIC % Chart

NAVER Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.59 0.21 0.71 28.93 16.81

NAVER Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
3-Year ROIIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 16.81 0.00

NHNCF vs GOOGL, META, SPOT: 3-Year ROIIC % Comparison

For the Internet Content & Information subindustry, NAVER'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.


NAVER 3-Year ROIIC % vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, NAVER's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where NAVER's 3-Year ROIIC % falls into.


NHNCF
96GF Score
NAVER Corp NHNCF
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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NAVER 3-Year ROIIC % Calculation

NAVER'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**
=( 1132.4330955 (Dec. 2025) - 626.5311384 (Dec. 2022) )/( 24976.509 (Dec. 2025) - 24389.385 (Dec. 2022) )
=505.9019571/587.124
=86.17%***

* 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.

Frequently Asked Questions Learn more about 3-Year ROIIC % →
What does a 3-Year ROIIC % of 16.81 mean?
NAVER (NHNCF) has a 3-Year ROIIC % of 16.81 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 NAVER and its competitors. This is 1224% above median its historical median of 1.27. According to the industry distribution chart, NAVER ranks #212 out of 530 companies in the Interactive Media industry, placing it in the top 40%.
Is NAVER's 3-Year ROIIC % too high?
NAVER's current 3-Year ROIIC % of 16.81 is 1224% above median its 10-year median of 1.27. The Interactive Media industry median 3-Year ROIIC % is 3.39. NAVER's value of 16.81 is 396.6% above this industry median. Based on the distribution chart, NAVER ranks #212 out of 530 companies in the Interactive Media industry, which is above the industry midpoint. Overall, NAVER has a GF Score™ of 96/100, reflecting its overall financial health beyond just this single metric.
How does NAVER's 3-Year ROIIC % compare to GOOGL and META?
According to the Interactive Media industry distribution chart, NAVER ranks #212 out of 530 companies for 3-Year ROIIC %. This puts NAVER in the upper half of its industry. The industry median 3-Year ROIIC % is 3.39. NAVER's value of 16.81 is 396.6% above this benchmark. While the company's 10-year median is 1.27 vs. the industry median of 3.39, NAVER 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 an Interactive Media company?
The median 3-Year ROIIC % among Interactive Media companies is 3.39, based on 530 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. NAVER's current 3-Year ROIIC % of 16.81 is 396.6% 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 NAVER and its competitors. For the Interactive Media industry, the median 3-Year ROIIC % is 3.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NAVER's current 3-Year ROIIC % is 16.81, which is 1224% above median its own 10-year median of 1.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NAVER stock overvalued right now?
NAVER (NHNCF) has a current 3-Year ROIIC % of 16.81. The stock's GF Value™ is $158.47, compared to a current price of $115.00 — trading 27.4% below its estimated fair value. The current 3-Year ROIIC % is 16.81, which is 1224% above median its 10-year median of 1.27 and 396.6% above the Interactive Media industry median of 3.39. NAVER's overall GF Score™ is 96/100 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 NAVER (NHNCF), the current 3-Year ROIIC % is 16.81 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 NAVER (NHNCF) Overvalued in 2026?

Based on GuruFocus' analysis, NAVER stock appears to be undervalued. The current stock price of $115.00 is trading 27.4% below its estimated GF Value™ of $158.47.

Key valuation signals for NHNCF:

  • 3-Year ROIIC %: 16.81 (1224% above median its 10-year median of 1.27)
  • GF Value™: $158.47 vs. price of $115.00 (27.4% below fair value)
  • GF Score™: 96/100 with 3 warning signs
  • Industry Position: 396.6% above the Interactive Media median (#212 of 530)

No single metric tells the full story. See the NHNCF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NAVER Business Description

Other Exchanges 035420:Korea
Address Naver 1784, 95 Jeongjail-ro, Bundang-gu, Gyeonggi Province, Seongnam, KOR, 13561
Naver has been the leading search portal in South Korea for many years. The company has also been evolving into an internet platform providing a variety of internet services, such as news, a dictionary, maps, digital comic content, social networking, e-commerce, videos, fintech services based on online payments, and Cloud services. Naver was also the incubator of Line Yahoo, the leading mobile messaging app in Japan, Taiwan, Thailand, and Indonesia, which merged with Z Holdings (Yahoo Japan), with Naver now owning 32.5% of the merged entity renamed LY. Naver is now launching AI products using its proprietary data.
96GF Score

Get the complete analysis for NHNCF

3-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$115.00
Price
$158.47
GF Value