TeamSpirit (TSE:4397) 3-Year ROIIC % : 30.53% (As of Aug. 2025) — 513% Above Median

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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Founder & CEO of GuruFocus
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.

TSE:4397 TeamSpirit Inc TSE:4397
62 GF Score
Price 円396.00
GF Value 円578.83
Valuation Possible Value Trap
! 5 Warning Signs
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What is TeamSpirit 3-Year ROIIC %?

TeamSpirit TSE:4397 +1.02% 62 3-Year ROIIC % is 30.53 as of Aug. 2025, which is 513% above its 10-year median of 4.98. GuruFocus rates TSE:4397 with a GF Score™ of 62/100 and a GF Value™ of 円578.83 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 2,624 Software companies, TeamSpirit ranks better than 74.43% 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. TeamSpirit's 3-Year ROIIC % for the quarter that ended in Aug. 2025 was 30.53%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

TSE:4397's 3-Year ROIIC % is ranked better than
74.43% of 2624 companies
in the Software industry
Industry Median: 5.355 vs TSE:4397: 30.53

TeamSpirit  (TSE:4397) 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.


TeamSpirit 3-Year ROIIC % Related Terms


TeamSpirit 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for TeamSpirit'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.

TeamSpirit 3-Year ROIIC % Chart

TeamSpirit Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.98 -28.53 -37.19 -17.72 30.53

TeamSpirit Semi-Annual Data
Aug16 Aug17 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
3-Year ROIIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 -17.72 0.00 30.53 0.00

TSE:4397 vs UBER, SHOP, CRM: 3-Year ROIIC % Comparison

For the Software - Application subindustry, TeamSpirit'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.


TeamSpirit 3-Year ROIIC % vs Software Industry

For the Software industry and Technology sector, TeamSpirit's 3-Year ROIIC % distribution charts can be found below:

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


TSE:4397
62GF Score
TeamSpirit Inc TSE:4397
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TeamSpirit 3-Year ROIIC % Calculation

TeamSpirit's 3-Year ROIIC % for the quarter that ended in Aug. 2025 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 269.832 (Aug. 2025) - -84.5427645 (Aug. 2022) )/( 3512.887 (Aug. 2025) - 2352.316 (Aug. 2022) )
=354.3747645/1160.571
=30.53%***

* 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 30.53 mean?
TeamSpirit (TSE:4397) has a 3-Year ROIIC % of 30.53 as of Aug. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on TeamSpirit and its competitors. This is 513% above median its historical median of 4.98. According to the industry distribution chart, TeamSpirit ranks #671 out of 2624 companies in the Software industry, placing it in the top 25.6%.
Is TeamSpirit's 3-Year ROIIC % too high?
TeamSpirit's current 3-Year ROIIC % of 30.53 is 513% above median its 10-year median of 4.98. The Software industry median 3-Year ROIIC % is 5.36. TeamSpirit's value of 30.53 is 470.1% above this industry median. Based on the distribution chart, TeamSpirit ranks #671 out of 2624 companies in the Software industry, which is above the industry midpoint. Overall, TeamSpirit has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does TeamSpirit's 3-Year ROIIC % compare to UBER and SHOP?
According to the Software industry distribution chart, TeamSpirit ranks #671 out of 2624 companies for 3-Year ROIIC %. This puts TeamSpirit in the upper half of its industry. The industry median 3-Year ROIIC % is 5.36. TeamSpirit's value of 30.53 is 470.1% above this benchmark. While the company's 10-year median is 4.98 vs. the industry median of 5.36, TeamSpirit 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 5.36, 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. TeamSpirit's current 3-Year ROIIC % of 30.53 is 470.1% 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 TeamSpirit 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. TeamSpirit's current 3-Year ROIIC % is 30.53, which is 513% above median its own 10-year median of 4.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TeamSpirit stock overvalued right now?
Based on GuruFocus' analysis, TeamSpirit (TSE:4397) is currently considered Possible Value Trap. The stock's GF Value™ is 円578.83, compared to a current price of 円396.00 — trading 31.6% below its estimated fair value. The current 3-Year ROIIC % is 30.53, which is 513% above median its 10-year median of 4.98 and 470.1% above the Software industry median of 5.36. TeamSpirit's overall GF Score™ is 62/100 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 TeamSpirit (TSE:4397), the current 3-Year ROIIC % is 30.53 as of Aug. 2025. 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 TeamSpirit (TSE:4397) Overvalued in 2026?

Based on GuruFocus' analysis, TeamSpirit stock appears to be undervalued. The current stock price of 円396.00 is trading 31.6% below its estimated GF Value™ of 円578.83. GuruFocus considers TeamSpirit to be Possible Value Trap.

Key valuation signals for TSE:4397:

  • 3-Year ROIIC %: 30.53 (513% above median its 10-year median of 4.98)
  • GF Value™: 円578.83 vs. price of 円396.00 (31.6% below fair value)
  • GF Score™: 62/100 with 5 warning signs
  • Industry Position: 470.1% above the Software median (#671 of 2624)

No single metric tells the full story. See the TSE:4397 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TeamSpirit Business Description

Address 2-1-6 Uchisaiwaicho, Chiyoda-ku, Tokyo, JPN, 104-0031
TeamSpirit Inc provides Software-as-a-Service (SaaS) solutions, including the TeamSpirit platform, for business customers. It offers Team Success Platform, a SaaS solution that aims to improve the productivity of human capital from the perspective of maximizing team capabilities. The company also provides professional services related to the implementation and operation of its SaaS solutions.
62GF Score

Get the complete analysis for TSE:4397

3-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円396.00
Price
円578.83
GF Value