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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.
Happiest Minds Technologies's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was -0.03%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Happiest Minds Technologies's 3-Year ROIIC % or its related term are showing as below:
NSE:HAPPSTMNDS's 3-Year ROIIC % is ranked worse than 58.94% of 2623
companies
in the Software industry
Industry Median: 5.36
vs NSE:HAPPSTMNDS: -0.03
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.
Happiest Minds Technologies 3-Year ROIIC % Related Terms
Happiest Minds Technologies 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.
NSE:HAPPSTMNDS vs IBM, ACN, FISV: 3-Year ROIIC % Comparison
For the Information Technology Services subindustry, Happiest Minds Technologies'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.
Happiest Minds Technologies 3-Year ROIIC % vs Software Industry
For the Software industry and Technology sector, Happiest Minds Technologies's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Happiest Minds Technologies's 3-Year ROIIC % falls into.
* 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.
Happiest Minds Technologies (NSE:HAPPSTMNDS) has a 3-Year ROIIC % of -0.03 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 Happiest Minds Technologies and its competitors. According to the industry distribution chart, Happiest Minds Technologies ranks #1546 out of 2623 companies in the Software industry, placing it in the top 58.9%.
Is Happiest Minds Technologies' 3-Year ROIIC % too high?
Happiest Minds Technologies' current 3-Year ROIIC % is -0.03. Based on the distribution chart, Happiest Minds Technologies ranks #1546 out of 2623 companies in the Software industry, which is below the industry midpoint. Overall, Happiest Minds Technologies has a GF Score™ of 68/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Happiest Minds Technologies' 3-Year ROIIC % compare to IBM and ACN?
According to the Software industry distribution chart, Happiest Minds Technologies ranks #1546 out of 2623 companies for 3-Year ROIIC %. This places Happiest Minds Technologies in the lower half of its industry. The industry median 3-Year ROIIC % is 5.36. 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. 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 Happiest Minds Technologies 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. Happiest Minds Technologies's current 3-Year ROIIC % is -0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Happiest Minds Technologies stock overvalued right now?
Based on GuruFocus' analysis, Happiest Minds Technologies (NSE:HAPPSTMNDS) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹1,011.52, compared to a current price of ₹376.30 — trading 62.8% below its estimated fair value. The current 3-Year ROIIC % is -0.03. Happiest Minds Technologies' overall GF Score™ is 68/100 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 Happiest Minds Technologies (NSE:HAPPSTMNDS), the current 3-Year ROIIC % is -0.03 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.
Is Happiest Minds Technologies (NSE:HAPPSTMNDS) Overvalued in 2026?
Based on GuruFocus' analysis, Happiest Minds Technologies stock appears to be undervalued.
The current stock price of ₹376.30 is trading 62.8% below its estimated GF Value™ of ₹1,011.52.
GuruFocus considers Happiest Minds Technologies to be Significantly Undervalued.
Key valuation signals for NSE:HAPPSTMNDS:
3-Year ROIIC %: -0.03
GF Value™: ₹1,011.52 vs. price of ₹376.30 (62.8% below fair value)
No single metric tells the full story. See the NSE:HAPPSTMNDS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Happiest Minds Technologies Ltd is an information technology (IT) company intended to deliver seamless customer experiences, business efficiency, and actionable insights to users. The company leverages a spectrum of disruptive technologies like artificial intelligence, blockchain, cloud, digital process automation, internet of things, robotics/drones, security, virtual/augmented reality, and more, enabling users in industry sectors like automotive, banking, financial services and insurance (BFSI), consumer packaged goods, e-commerce, edutech, engineering research and development (R&D), hi-tech, manufacturing, retail, and travel/transportation/hospitality to undergo digital transformation. Geographically, the company generates its key revenue from the United States of America.
68GF Score
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