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Vario SecureTSE:4494 +3.98%51 3-Year ROIIC % is 1,442.77 as of Feb. 2026, which is 4932% above its 10-year median of 28.67. GuruFocus rates TSE:4494 with a GF Score™ of 51/100 and a GF Value™ of 円760.08 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 2,623 Software companies, Vario Secure ranks better than 99.05% 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.
Vario Secure's 3-Year ROIIC % for the quarter that ended in Feb. 2026 was 1,442.77%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Vario Secure's 3-Year ROIIC % or its related term are showing as below:
TSE:4494's 3-Year ROIIC % is ranked better than 99.05% of 2623
companies
in the Software industry
Industry Median: 5.25
vs TSE:4494: 1442.77
Vario Secure (TSE:4494) 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.
Vario Secure 3-Year ROIIC % Related Terms
Vario Secure 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Vario Secure'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:4494 vs MSFT, ORCL, PLTR: 3-Year ROIIC % Comparison
For the Software - Infrastructure subindustry, Vario Secure'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.
Vario Secure 3-Year ROIIC % vs Software Industry
For the Software industry and Technology sector, Vario Secure's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Vario Secure'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.
Vario Secure (TSE:4494) has a 3-Year ROIIC % of 1,442.77 as of Feb. 2026. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Vario Secure and its competitors. This is 4932% above median its historical median of 28.67. According to the industry distribution chart, Vario Secure ranks #25 out of 2623 companies in the Software industry, placing it in the top 1%.
Is Vario Secure's 3-Year ROIIC % too high?
Vario Secure's current 3-Year ROIIC % of 1,442.77 is 4932% above median its 10-year median of 28.67. The Software industry median 3-Year ROIIC % is 5.25. Vario Secure's value of 1,442.77 is 27381.3% above this industry median. Based on the distribution chart, Vario Secure ranks #25 out of 2623 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Vario Secure has a GF Score™ of 51/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vario Secure's 3-Year ROIIC % compare to MSFT and ORCL?
According to the Software industry distribution chart, Vario Secure ranks #25 out of 2623 companies for 3-Year ROIIC %. This places Vario Secure in the top 1% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 5.25. Vario Secure's value of 1,442.77 is 27381.3% above this benchmark. While the company's 10-year median is 28.67 vs. the industry median of 5.25, Vario Secure 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 5.25, 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. Vario Secure's current 3-Year ROIIC % of 1,442.77 is 27381.3% 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 Vario Secure and its competitors. For the Software industry, the median 3-Year ROIIC % is 5.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vario Secure's current 3-Year ROIIC % is 1,442.77, which is 4932% above median its own 10-year median of 28.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vario Secure stock overvalued right now?
Based on GuruFocus' analysis, Vario Secure (TSE:4494) is currently considered Modestly Undervalued. The stock's GF Value™ is 円760.08, compared to a current price of 円680.00 — trading 10.5% below its estimated fair value. The current 3-Year ROIIC % is 1,442.77, which is 4932% above median its 10-year median of 28.67 and 27381.3% above the Software industry median of 5.25. Vario Secure's overall GF Score™ is 51/100 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 Vario Secure (TSE:4494), the current 3-Year ROIIC % is 1,442.77 as of Feb. 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 Vario Secure (TSE:4494) Overvalued in 2026?
Based on GuruFocus' analysis, Vario Secure stock appears to be undervalued.
The current stock price of 円680.00 is trading 10.5% below its estimated GF Value™ of 円760.08.
GuruFocus considers Vario Secure to be Modestly Undervalued.
Key valuation signals for TSE:4494:
3-Year ROIIC %: 1,442.77 (4932% above median its 10-year median of 28.67)
GF Value™: 円760.08 vs. price of 円680.00 (10.5% below fair value)
Industry Position: 27381.3% above the Software median (#25 of 2623)
No single metric tells the full story. See the TSE:4494 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vario Secure Inc is engaged in providing internet security services that protect the network environment of enterprises from various threats arising from internet usage, by utilizing its in-house developed security instruments and operating system. The company provides one-stop security services, from installation and implementation to operation, monitoring, and support, for small and medium-sized enterprises that struggle to spare dedicated personnel for IT issues, which are becoming increasingly sophisticated and complicated daily. The Company operates in a single segment, the Internet security services business.
51GF Score
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