Happy Square Outsourcing Services (NSE:WHITEFORCE) 3-Year ROIIC % : 9.62% (As of Mar. 2026) — Near Median


NSE:WHITEFORCE Happy Square Outsourcing Services Ltd NSE:WHITEFORCE
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What is Happy Square Outsourcing Services 3-Year ROIIC %?

Happy Square Outsourcing Services NSE:WHITEFORCE -2.61% 30 3-Year ROIIC % is 9.62 as of Mar. 2026, which is at its 10-year median of 9.62. GuruFocus rates NSE:WHITEFORCE with a GF Score™ of 30/100. The stock has 5 warning signs investors should review. Among 1,008 Business Services companies, Happy Square Outsourcing Services ranks better than 59.62% 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. Happy Square Outsourcing Services's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 9.62%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

NSE:WHITEFORCE's 3-Year ROIIC % is ranked better than
59.62% of 1008 companies
in the Business Services industry
Industry Median: 4.985 vs NSE:WHITEFORCE: 9.62

Happy Square Outsourcing Services  (NSE:WHITEFORCE) 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.


Happy Square Outsourcing Services 3-Year ROIIC % Related Terms


Happy Square Outsourcing Services 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Happy Square Outsourcing Services'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.

Happy Square Outsourcing Services 3-Year ROIIC % Chart

Happy Square Outsourcing Services Annual Data
Trend Mar23 Mar24 Mar25 Mar26
3-Year ROIIC %
0.00 0.00 0.00 9.62

Happy Square Outsourcing Services Semi-Annual Data
Mar23 Mar24 Mar25 Mar26
3-Year ROIIC % 0.00 0.00 0.00 9.62

NSE:WHITEFORCE vs KFY, RHI, TNET: 3-Year ROIIC % Comparison

For the Staffing & Employment Services subindustry, Happy Square Outsourcing Services'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.


Happy Square Outsourcing Services 3-Year ROIIC % vs Business Services Industry

For the Business Services industry and Industrials sector, Happy Square Outsourcing Services's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Happy Square Outsourcing Services's 3-Year ROIIC % falls into.


NSE:WHITEFORCE
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Happy Square Outsourcing Services Ltd NSE:WHITEFORCE
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Happy Square Outsourcing Services 3-Year ROIIC % Calculation

Happy Square Outsourcing Services'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**
=( 63.845 (Mar. 2026) - 20.1267212 (Mar. 2023) )/( 540.163 (Mar. 2026) - 85.77 (Mar. 2023) )
=43.7182788/454.393
=9.62%***

* 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 9.62 mean?
Happy Square Outsourcing Services (NSE:WHITEFORCE) has a 3-Year ROIIC % of 9.62 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 Happy Square Outsourcing Services and its competitors. This is near median its historical median of 9.62. Over the past decade, Happy Square Outsourcing Services' 3-Year ROIIC % has ranged from 9.62 to 9.62. According to the industry distribution chart, Happy Square Outsourcing Services ranks #407 out of 1008 companies in the Business Services industry, placing it in the top 40.4%.
Is Happy Square Outsourcing Services' 3-Year ROIIC % too high?
Happy Square Outsourcing Services' current 3-Year ROIIC % of 9.62 is near median its 10-year median of 9.62. Over the past 10 years, this metric has ranged from a low of 9.62 to a high of 9.62. The Business Services industry median 3-Year ROIIC % is 4.99. Happy Square Outsourcing Services' value of 9.62 is 93% above this industry median. Based on the distribution chart, Happy Square Outsourcing Services ranks #407 out of 1008 companies in the Business Services industry, which is above the industry midpoint. Overall, Happy Square Outsourcing Services has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Happy Square Outsourcing Services' 3-Year ROIIC % compare to KFY and RHI?
According to the Business Services industry distribution chart, Happy Square Outsourcing Services ranks #407 out of 1008 companies for 3-Year ROIIC %. This puts Happy Square Outsourcing Services in the upper half of its industry. The industry median 3-Year ROIIC % is 4.99. Happy Square Outsourcing Services' value of 9.62 is 93% above this benchmark. Historically, Happy Square Outsourcing Services' own 3-Year ROIIC % has ranged from 9.62 to 9.62 over the past decade. While the company's 10-year median is 9.62 vs. the industry median of 4.99, Happy Square Outsourcing Services 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 Business Services company?
The median 3-Year ROIIC % among Business Services companies is 4.99, based on 1,008 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. Happy Square Outsourcing Services's current 3-Year ROIIC % of 9.62 is 93% 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 Happy Square Outsourcing Services and its competitors. For the Business Services industry, the median 3-Year ROIIC % is 4.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Happy Square Outsourcing Services's current 3-Year ROIIC % is 9.62, which is near median its own 10-year median of 9.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Happy Square Outsourcing Services stock overvalued right now?
Happy Square Outsourcing Services (NSE:WHITEFORCE) has a current 3-Year ROIIC % of 9.62. The current 3-Year ROIIC % is 9.62, which is near median its 10-year median of 9.62 and 93% above the Business Services industry median of 4.99. Happy Square Outsourcing Services' overall GF Score™ is 30/100 with 5 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 Happy Square Outsourcing Services (NSE:WHITEFORCE), the current 3-Year ROIIC % is 9.62 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.

Happy Square Outsourcing Services Business Description

Address Nagpur Road, Rajpal Tower 240, Madan Mahal, Jabalpur, MP, IND, 482008
Happy Square Outsourcing Services Ltd is a technology-based consulting firm, involved in tech-based human resource outsourcing business, which focuses on end-to-end solutions. It offers a wide array of services such as Recruitment, Payroll, Onboarding, and flexible staffing. Its comprehensive network, structured processes, professionalism, and work ethics ensure that the company remains at the top on the domestic scale. The company satisfies firms' staffing and recruitment needs in India through its specialized, rich knowledge.
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