Business Engineering (TSE:4828) 3-Year ROIIC % : 97.22% (As of Mar. 2026) — 34% Above Median

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TSE:4828 Business Engineering Corp TSE:4828
87 GF Score
Price 円1,225.00
GF Value 円1,037.19
Valuation Modestly Overvalued
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What is Business Engineering 3-Year ROIIC %?

Business Engineering TSE:4828 +0.66% 87 3-Year ROIIC % is 97.22 as of Mar. 2026, which is 34% above its 10-year median of 72.73. GuruFocus rates TSE:4828 with a GF Score™ of 87/100 and a GF Value™ of 円1,037.19 (Modestly Overvalued). Among 2,621 Software companies, Business Engineering ranks better than 88.33% 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. Business Engineering's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 97.22%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

TSE:4828's 3-Year ROIIC % is ranked better than
88.33% of 2621 companies
in the Software industry
Industry Median: 5.33 vs TSE:4828: 97.22

Business Engineering  (TSE:4828) 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.


Business Engineering 3-Year ROIIC % Related Terms


Business Engineering 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Business Engineering'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.

Business Engineering 3-Year ROIIC % Chart

Business Engineering Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -247.14 463.69 156.33 78.62 97.22

Business Engineering Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 Premium Member Only Premium Member Only 78.62 0.00 0.00 0.00 97.22

TSE:4828 vs QH, SHOP, UBER: 3-Year ROIIC % Comparison

For the Software - Application subindustry, Business Engineering'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.


Business Engineering 3-Year ROIIC % vs Software Industry

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

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


TSE:4828
87GF Score
Business Engineering Corp TSE:4828
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Business Engineering 3-Year ROIIC % Calculation

Business Engineering'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**
=( 4698.5582464 (Mar. 2026) - 2325.3977526 (Mar. 2023) )/( 8244.357 (Mar. 2026) - 5803.405 (Mar. 2023) )
=2373.1604938/2440.952
=97.22%***

* 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 97.22 mean?
Business Engineering (TSE:4828) has a 3-Year ROIIC % of 97.22 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 Business Engineering and its competitors. This is 34% above median its historical median of 72.73. According to the industry distribution chart, Business Engineering ranks #306 out of 2621 companies in the Software industry, placing it in the top 11.7%.
Is Business Engineering's 3-Year ROIIC % too high?
Business Engineering's current 3-Year ROIIC % of 97.22 is 34% above median its 10-year median of 72.73. The Software industry median 3-Year ROIIC % is 5.33. Business Engineering's value of 97.22 is 1724% above this industry median. Based on the distribution chart, Business Engineering ranks #306 out of 2621 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Business Engineering has a GF Score™ of 87/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Business Engineering's 3-Year ROIIC % compare to QH and SHOP?
According to the Software industry distribution chart, Business Engineering ranks #306 out of 2621 companies for 3-Year ROIIC %. This places Business Engineering in the top 12% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 5.33. Business Engineering's value of 97.22 is 1724% above this benchmark. While the company's 10-year median is 72.73 vs. the industry median of 5.33, Business Engineering 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 2,621 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. Business Engineering's current 3-Year ROIIC % of 97.22 is 1724% 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 Business Engineering 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. Business Engineering's current 3-Year ROIIC % is 97.22, which is 34% above median its own 10-year median of 72.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Business Engineering stock overvalued right now?
Based on GuruFocus' analysis, Business Engineering (TSE:4828) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,037.19, compared to a current price of 円1,225.00 — trading 18.1% above its estimated fair value. The current 3-Year ROIIC % is 97.22, which is 34% above median its 10-year median of 72.73 and 1724% above the Software industry median of 5.33. Business Engineering's overall GF Score™ is 87/100. 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 Business Engineering (TSE:4828), the current 3-Year ROIIC % is 97.22 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 Business Engineering (TSE:4828) Overvalued in 2026?

Based on GuruFocus' analysis, Business Engineering stock appears to be overvalued. The current stock price of 円1,225.00 is trading 18.1% above its estimated GF Value™ of 円1,037.19. GuruFocus considers Business Engineering to be Modestly Overvalued.

Key valuation signals for TSE:4828:

  • 3-Year ROIIC %: 97.22 (34% above median its 10-year median of 72.73)
  • GF Value™: 円1,037.19 vs. price of 円1,225.00 (18.1% above fair value)
  • GF Score™: 87/100
  • Industry Position: 1724% above the Software median (#306 of 2621)

No single metric tells the full story. See the TSE:4828 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Business Engineering Business Description

Address 1-8-1 Otemachi, Chiyoda-ku, KDDI Otemachi Building, Tokyo, JPN, 100-0004
Business Engineering Corp is a Japan-based company engaged in providing enterprise software solutions. The solutions offered by the company include Wide line up solutions, Oracle, Mcframe, Mcframe cloud, Global MES, SAP, Mcframe motion VR learning.
87GF Score

Get the complete analysis for TSE:4828

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

円1,225.00
Price
円1,037.19
GF Value