Dev Accelerator (NSE:DEVX) 3-Year ROIIC % : 11.23% (As of Mar. 2026) — 41% Above Median


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What is Dev Accelerator 3-Year ROIIC %?

Dev Accelerator NSE:DEVX +1.41% 10 3-Year ROIIC % is 11.23 as of Mar. 2026, which is 41% above its 10-year median of 7.95. GuruFocus rates NSE:DEVX with a GF Score™ of 10/100. The stock has 4 warning signs investors should review. Among 1,664 Real Estate companies, Dev Accelerator ranks better than 75.54% 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. Dev Accelerator's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 11.23%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

NSE:DEVX's 3-Year ROIIC % is ranked better than
75.54% of 1664 companies
in the Real Estate industry
Industry Median: 2.315 vs NSE:DEVX: 11.23

Dev Accelerator  (NSE:DEVX) 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.


Dev Accelerator 3-Year ROIIC % Related Terms


Dev Accelerator 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Dev Accelerator'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.

Dev Accelerator 3-Year ROIIC % Chart

Dev Accelerator Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
3-Year ROIIC %
0.00 0.00 0.00 4.67 11.23

Dev Accelerator Quarterly Data
Mar22 Mar23 Mar24 Sep24 Dec24 Mar25 Sep25 Dec25 Mar26
3-Year ROIIC % Get a 7-Day Free Trial Premium Member Only 0.00 4.67 0.00 0.00 11.23

NSE:DEVX vs CBRE, BEKE, JLL: 3-Year ROIIC % Comparison

For the Real Estate Services subindustry, Dev Accelerator'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.


Dev Accelerator 3-Year ROIIC % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Dev Accelerator's 3-Year ROIIC % distribution charts can be found below:

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


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Dev Accelerator 3-Year ROIIC % Calculation

Dev Accelerator's 3-Year ROIIC % for the quarter that ended in Mar. 2026 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 283.6717002 (Mar. 2026) - -2.334832 (Mar. 2023) )/( 5660.73 (Mar. 2026) - 3113.01 (Mar. 2023) )
=286.0065322/2547.72
=11.23%***

* 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 11.23 mean?
Dev Accelerator (NSE:DEVX) has a 3-Year ROIIC % of 11.23 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 Dev Accelerator and its competitors. This is 41% above median its historical median of 7.95. Over the past decade, Dev Accelerator's 3-Year ROIIC % has ranged from 4.67 to 11.23. According to the industry distribution chart, Dev Accelerator ranks #407 out of 1664 companies in the Real Estate industry, placing it in the top 24.5%.
Is Dev Accelerator's 3-Year ROIIC % too high?
Dev Accelerator's current 3-Year ROIIC % of 11.23 is 41% above median its 10-year median of 7.95. Over the past 10 years, this metric has ranged from a low of 4.67 to a high of 11.23. The Real Estate industry median 3-Year ROIIC % is 2.32. Dev Accelerator's value of 11.23 is 385.1% above this industry median. Based on the distribution chart, Dev Accelerator ranks #407 out of 1664 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Dev Accelerator has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Dev Accelerator's 3-Year ROIIC % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Dev Accelerator ranks #407 out of 1664 companies for 3-Year ROIIC %. This places Dev Accelerator in the top 25% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 2.32. Dev Accelerator's value of 11.23 is 385.1% above this benchmark. Historically, Dev Accelerator's own 3-Year ROIIC % has ranged from 4.67 to 11.23 over the past decade. While the company's 10-year median is 7.95 vs. the industry median of 2.32, Dev Accelerator 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 Real Estate company?
The median 3-Year ROIIC % among Real Estate companies is 2.32, based on 1,664 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. Dev Accelerator's current 3-Year ROIIC % of 11.23 is 385.1% 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 Dev Accelerator and its competitors. For the Real Estate industry, the median 3-Year ROIIC % is 2.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dev Accelerator's current 3-Year ROIIC % is 11.23, which is 41% above median its own 10-year median of 7.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dev Accelerator stock overvalued right now?
Dev Accelerator (NSE:DEVX) has a current 3-Year ROIIC % of 11.23. The current 3-Year ROIIC % is 11.23, which is 41% above median its 10-year median of 7.95 and 385.1% above the Real Estate industry median of 2.32. Dev Accelerator's overall GF Score™ is 10/100 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 Dev Accelerator (NSE:DEVX), the current 3-Year ROIIC % is 11.23 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.

Dev Accelerator Business Description

Other Exchanges 544513:India
Address Near Shivalik High-Street, A - 1101, B - 1101, The First, Behind Keshavbaug Party Plot, Vastrapur, Ahmedabad, GJ, IND, 380015
Dev Accelerator Ltd is one of the flex space operators. Its comprehensive office space solutions include sourcing office spaces, customizing designs, developing spaces and providing technology solutions to providing complete asset management. Its clientele comprises of large corporates, MNCs and SMEs, to whom the company offers a variety of flexible office space solutions such as managed office spaces and coworking spaces as well as design and execution services through its Subsidiary. The flexible workspace solutions provided by the company at its Centers are divided in the following segments: Managed office spaces, Coworking spaces, Design and execution services, Payroll management services, Facility management services, and IT/ITes services.
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