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Ad-Sol NissinTSE:3837 -0.13%93 3-Year ROIIC % is 87.64 as of Mar. 2026, which is 259% above its 10-year median of 24.41. GuruFocus rates TSE:3837 with a GF Score™ of 93/100 and a GF Value™ of 円1,275.04 (Modestly Overvalued). Among 2,622 Software companies, Ad-Sol Nissin ranks better than 87.57% 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.
Ad-Sol Nissin's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 87.64%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Ad-Sol Nissin's 3-Year ROIIC % or its related term are showing as below:
TSE:3837's 3-Year ROIIC % is ranked better than 87.57% of 2622
companies
in the Software industry
Industry Median: 5.33
vs TSE:3837: 87.64
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.
Ad-Sol Nissin 3-Year ROIIC % Related Terms
Ad-Sol Nissin 3-Year ROIIC % Historical Data
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The historical data trend for Ad-Sol Nissin'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.
TSE:3837 vs IBM, ACN, FISV: 3-Year ROIIC % Comparison
For the Information Technology Services subindustry, Ad-Sol Nissin'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.
Ad-Sol Nissin 3-Year ROIIC % vs Software Industry
For the Software industry and Technology sector, Ad-Sol Nissin's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Ad-Sol Nissin'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.
Ad-Sol Nissin (TSE:3837) has a 3-Year ROIIC % of 87.64 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 Ad-Sol Nissin and its competitors. This is 259% above median its historical median of 24.41. According to the industry distribution chart, Ad-Sol Nissin ranks #326 out of 2622 companies in the Software industry, placing it in the top 12.4%.
Is Ad-Sol Nissin's 3-Year ROIIC % too high?
Ad-Sol Nissin's current 3-Year ROIIC % of 87.64 is 259% above median its 10-year median of 24.41. The Software industry median 3-Year ROIIC % is 5.33. Ad-Sol Nissin's value of 87.64 is 1544.3% above this industry median. Based on the distribution chart, Ad-Sol Nissin ranks #326 out of 2622 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Ad-Sol Nissin has a GF Score™ of 93/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ad-Sol Nissin's 3-Year ROIIC % compare to IBM and ACN?
According to the Software industry distribution chart, Ad-Sol Nissin ranks #326 out of 2622 companies for 3-Year ROIIC %. This places Ad-Sol Nissin in the top 12% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 5.33. Ad-Sol Nissin's value of 87.64 is 1544.3% above this benchmark. While the company's 10-year median is 24.41 vs. the industry median of 5.33, Ad-Sol Nissin 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 5.33, based on 2,622 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. Ad-Sol Nissin's current 3-Year ROIIC % of 87.64 is 1544.3% 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 Ad-Sol Nissin and its competitors. For the Software industry, the median 3-Year ROIIC % is 5.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ad-Sol Nissin's current 3-Year ROIIC % is 87.64, which is 259% above median its own 10-year median of 24.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ad-Sol Nissin stock overvalued right now?
Based on GuruFocus' analysis, Ad-Sol Nissin (TSE:3837) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,275.04, compared to a current price of 円1,532.00 — trading 20.2% above its estimated fair value. The current 3-Year ROIIC % is 87.64, which is 259% above median its 10-year median of 24.41 and 1544.3% above the Software industry median of 5.33. Ad-Sol Nissin's overall GF Score™ is 93/100. 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 Ad-Sol Nissin (TSE:3837), the current 3-Year ROIIC % is 87.64 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 Ad-Sol Nissin (TSE:3837) Overvalued in 2026?
Based on GuruFocus' analysis, Ad-Sol Nissin stock appears to be overvalued.
The current stock price of 円1,532.00 is trading 20.2% above its estimated GF Value™ of 円1,275.04.
GuruFocus considers Ad-Sol Nissin to be Modestly Overvalued.
Key valuation signals for TSE:3837:
3-Year ROIIC %: 87.64 (259% above median its 10-year median of 24.41)
GF Value™: 円1,275.04 vs. price of 円1,532.00 (20.2% above fair value)
Industry Position: 1544.3% above the Software median (#326 of 2622)
No single metric tells the full story. See the TSE:3837 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ad-Sol Nissin Corp develops information systems for enterprises. The company's segments include: Social Infrastructure Business, Advanced Industry Business. The Social Infrastructure Business develops system integration services in social infrastructures such as energy, road, aerospace, and others. Advanced Industry Business promotes Next Generation EV Vehicle, Industrial Equipment, and others.
93GF Score
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