Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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.
Newgen Software Technologies's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 55.21%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
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.
Newgen Software Technologies 3-Year ROIIC % Related Terms
Newgen Software 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:NEWGEN vs MSFT, ORCL, PLTR: 3-Year ROIIC % Comparison
For the Software - Infrastructure subindustry, Newgen Software 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.
Newgen Software Technologies 3-Year ROIIC % vs Software Industry
For the Software industry and Technology sector, Newgen Software Technologies's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Newgen Software 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.
Newgen Software Technologies (NSE:NEWGEN) has a 3-Year ROIIC % of 55.21 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 Newgen Software Technologies and its competitors. This is 93% above median its historical median of 28.58. Over the past decade, Newgen Software Technologies' 3-Year ROIIC % has ranged from 3.54 to 55.21. According to the industry distribution chart, Newgen Software Technologies ranks #464 out of 2624 companies in the Software industry, placing it in the top 17.7%.
Is Newgen Software Technologies' 3-Year ROIIC % too high?
Newgen Software Technologies' current 3-Year ROIIC % of 55.21 is 93% above median its 10-year median of 28.58. Over the past 10 years, this metric has ranged from a low of 3.54 to a high of 55.21. The Software industry median 3-Year ROIIC % is 5.34. Newgen Software Technologies' value of 55.21 is 934.9% above this industry median. Based on the distribution chart, Newgen Software Technologies ranks #464 out of 2624 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Newgen Software Technologies has a GF Score™ of 91/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Newgen Software Technologies' 3-Year ROIIC % compare to MSFT and ORCL?
According to the Software industry distribution chart, Newgen Software Technologies ranks #464 out of 2624 companies for 3-Year ROIIC %. This places Newgen Software Technologies in the top 18% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 5.34. Newgen Software Technologies' value of 55.21 is 934.9% above this benchmark. Historically, Newgen Software Technologies' own 3-Year ROIIC % has ranged from 3.54 to 55.21 over the past decade. While the company's 10-year median is 28.58 vs. the industry median of 5.34, Newgen Software Technologies 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 5.34, based on 2,624 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. Newgen Software Technologies's current 3-Year ROIIC % of 55.21 is 934.9% 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 Newgen Software Technologies and its competitors. For the Software industry, the median 3-Year ROIIC % is 5.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Newgen Software Technologies's current 3-Year ROIIC % is 55.21, which is 93% above median its own 10-year median of 28.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Newgen Software Technologies stock overvalued right now?
Based on GuruFocus' analysis, Newgen Software Technologies (NSE:NEWGEN) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹1,056.23, compared to a current price of ₹505.70 — trading 52.1% below its estimated fair value. The current 3-Year ROIIC % is 55.21, which is 93% above median its 10-year median of 28.58 and 934.9% above the Software industry median of 5.34. Newgen Software Technologies' overall GF Score™ is 91/100 with 1 warning sign 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 Newgen Software Technologies (NSE:NEWGEN), the current 3-Year ROIIC % is 55.21 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 Newgen Software Technologies (NSE:NEWGEN) Overvalued in 2026?
Based on GuruFocus' analysis, Newgen Software Technologies stock appears to be undervalued.
The current stock price of ₹505.70 is trading 52.1% below its estimated GF Value™ of ₹1,056.23.
GuruFocus considers Newgen Software Technologies to be Significantly Undervalued.
Key valuation signals for NSE:NEWGEN:
3-Year ROIIC %: 55.21 (93% above median its 10-year median of 28.58)
GF Value™: ₹1,056.23 vs. price of ₹505.70 (52.1% below fair value)
Industry Position: 934.9% above the Software median (#464 of 2624)
No single metric tells the full story. See the NSE:NEWGEN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Newgen Software Technologies Ltd is a software company. It is engaged in software product development including designing and delivering end-to-end software solutions covering the entire spectrum of software services from workflow automation to Document management to imaging. The entity's geographical segments are India; USA, and Africa (EMEA); Asia Pacific (APAC); and the United States of America (USA). It generates key revenue from India and the EMEA region. The company's NewgenONE Platform is a unified low-code platform for end-to-end automation at scale for enterprises. The platform offerings include Contextual Content Services (ECM), Intelligent Process Automation (BPM), Omnichannel Customer Engagement (CCM), and Low Code Application Development.
91GF Score
Get the complete analysis for NSE:NEWGEN
3-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:NEWGEN has been successfully added to your 
