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NSD CoTSE:9759 +3.13%96 3-Year ROIIC % is 14.87 as of Mar. 2026, which is 3% below its 10-year median of 15.29. GuruFocus rates TSE:9759 with a GF Score™ of 96/100 and a GF Value™ of 円3,902.88 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 2,625 Software companies, NSD Co ranks better than 63.2% 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.
NSD Co's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 14.87%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for NSD Co's 3-Year ROIIC % or its related term are showing as below:
TSE:9759's 3-Year ROIIC % is ranked better than 63.2% of 2625
companies
in the Software industry
Industry Median: 5.2
vs TSE:9759: 14.87
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.
NSD Co 3-Year ROIIC % Related Terms
NSD Co 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for NSD Co'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:9759 vs QH, SHOP, UBER: 3-Year ROIIC % Comparison
For the Software - Application subindustry, NSD Co'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.
NSD Co 3-Year ROIIC % vs Software Industry
For the Software industry and Technology sector, NSD Co's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where NSD Co's 3-Year ROIIC % falls into.
NSD Co'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**
=
( 13266.8412 (Mar. 2026) - 8762.229 (Mar. 2023) )
/
( 53211 (Mar. 2026) - 22912 (Mar. 2023) )
=
4504.6122
/
30299
=
14.87%***
* 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.
NSD Co (TSE:9759) has a 3-Year ROIIC % of 14.87 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 NSD Co and its competitors. This is near median its historical median of 15.29. According to the industry distribution chart, NSD Co ranks #966 out of 2625 companies in the Software industry, placing it in the top 36.8%.
Is NSD Co's 3-Year ROIIC % too high?
NSD Co's current 3-Year ROIIC % of 14.87 is near median its 10-year median of 15.29. The Software industry median 3-Year ROIIC % is 5.20. NSD Co's value of 14.87 is 186% above this industry median. Based on the distribution chart, NSD Co ranks #966 out of 2625 companies in the Software industry, which is above the industry midpoint. Overall, NSD Co has a GF Score™ of 96/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does NSD Co's 3-Year ROIIC % compare to QH and SHOP?
According to the Software industry distribution chart, NSD Co ranks #966 out of 2625 companies for 3-Year ROIIC %. This puts NSD Co in the upper half of its industry. The industry median 3-Year ROIIC % is 5.20. NSD Co's value of 14.87 is 186% above this benchmark. While the company's 10-year median is 15.29 vs. the industry median of 5.20, NSD Co 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 5.20, based on 2,625 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. NSD Co's current 3-Year ROIIC % of 14.87 is 186% 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 NSD Co and its competitors. For the Software industry, the median 3-Year ROIIC % is 5.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NSD Co's current 3-Year ROIIC % is 14.87, which is near median its own 10-year median of 15.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NSD Co stock overvalued right now?
Based on GuruFocus' analysis, NSD Co (TSE:9759) is currently considered Modestly Undervalued. The stock's GF Value™ is 円3,902.88, compared to a current price of 円2,753.00 — trading 29.5% below its estimated fair value. The current 3-Year ROIIC % is 14.87, which is near median its 10-year median of 15.29 and 186% above the Software industry median of 5.20. NSD Co's overall GF Score™ is 96/100 with 1 warning sign 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 NSD Co (TSE:9759), the current 3-Year ROIIC % is 14.87 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 NSD Co (TSE:9759) Overvalued in 2026?
Based on GuruFocus' analysis, NSD Co stock appears to be undervalued.
The current stock price of 円2,753.00 is trading 29.5% below its estimated GF Value™ of 円3,902.88.
GuruFocus considers NSD Co to be Modestly Undervalued.
Key valuation signals for TSE:9759:
3-Year ROIIC %: 14.87 (near median its 10-year median of 15.29)
GF Value™: 円3,902.88 vs. price of 円2,753.00 (29.5% below fair value)
Industry Position: 186% above the Software median (#966 of 2625)
No single metric tells the full story. See the TSE:9759 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NSD Co Ltd is a Japan-based software company. It is engaged in the development of software, as well as the operation and management of computer labs and the provision of information processing services. The company's major service includes System Analysis and Design, Customized Development of Software Programs Administration of Facilities Management, Sales of Packaged Software and Solutions. NSD provides the IT systems support that is essential to its customers' development and growth. The company is active across such wide-ranging fields as financing, manufacturing, telecommunications, distribution and the public sector.
96GF Score
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