KBJWAR:KBJ +3.00%78 3-Year ROIIC % is 12.15 as of Dec. 2025, which is 1% below its 10-year median of 12.26. GuruFocus rates WAR:KBJ with a GF Score™ of 78/100 and a GF Value™ of zł20.03 (Fairly Valued). The stock has 6 warning signs investors should review. Among 2,625 Software companies, KBJ ranks better than 60.34% 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.
KBJ's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 12.15%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for KBJ's 3-Year ROIIC % or its related term are showing as below:
WAR:KBJ's 3-Year ROIIC % is ranked better than 60.34% of 2625
companies
in the Software industry
Industry Median: 5.24
vs WAR:KBJ: 12.15
KBJ (WAR:KBJ) 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.
KBJ 3-Year ROIIC % Related Terms
KBJ 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for KBJ'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.
WAR:KBJ vs IBM, ACN, FISV: 3-Year ROIIC % Comparison
For the Information Technology Services subindustry, KBJ'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.
KBJ 3-Year ROIIC % vs Software Industry
For the Software industry and Technology sector, KBJ's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where KBJ's 3-Year ROIIC % falls into.
KBJ's 3-Year ROIIC % for the quarter that ended in Dec. 2025 is calculated as:
3-Year ROIIC %
=
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( 5.47 (Dec. 2025) - 2.697111 (Dec. 2022) )
/
( 48.671 (Dec. 2025) - 25.854 (Dec. 2022) )
=
2.772889
/
22.817
=
12.15%***
* 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.
KBJ (WAR:KBJ) has a 3-Year ROIIC % of 12.15 as of Dec. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on KBJ and its competitors. This is near median its historical median of 12.26. According to the industry distribution chart, KBJ ranks #1041 out of 2625 companies in the Software industry, placing it in the top 39.7%.
Is KBJ's 3-Year ROIIC % too high?
KBJ's current 3-Year ROIIC % of 12.15 is near median its 10-year median of 12.26. The Software industry median 3-Year ROIIC % is 5.24. KBJ's value of 12.15 is 131.9% above this industry median. Based on the distribution chart, KBJ ranks #1041 out of 2625 companies in the Software industry, which is above the industry midpoint. Overall, KBJ has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does KBJ's 3-Year ROIIC % compare to IBM and ACN?
According to the Software industry distribution chart, KBJ ranks #1041 out of 2625 companies for 3-Year ROIIC %. This puts KBJ in the upper half of its industry. The industry median 3-Year ROIIC % is 5.24. KBJ's value of 12.15 is 131.9% above this benchmark. While the company's 10-year median is 12.26 vs. the industry median of 5.24, KBJ 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 5.24, 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. KBJ's current 3-Year ROIIC % of 12.15 is 131.9% 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 KBJ and its competitors. For the Software industry, the median 3-Year ROIIC % is 5.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KBJ's current 3-Year ROIIC % is 12.15, which is near median its own 10-year median of 12.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KBJ stock overvalued right now?
Based on GuruFocus' analysis, KBJ (WAR:KBJ) is currently considered Fairly Valued. The stock's GF Value™ is zł20.03, compared to a current price of zł20.60 — trading 2.8% above its estimated fair value. The current 3-Year ROIIC % is 12.15, which is near median its 10-year median of 12.26 and 131.9% above the Software industry median of 5.24. KBJ's overall GF Score™ is 78/100 with 6 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 KBJ (WAR:KBJ), the current 3-Year ROIIC % is 12.15 as of Dec. 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 KBJ (WAR:KBJ) Overvalued in 2026?
Based on GuruFocus' analysis, KBJ stock appears to be overvalued.
The current stock price of zł20.60 is trading 2.8% above its estimated GF Value™ of zł20.03.
GuruFocus considers KBJ to be Fairly Valued.
Key valuation signals for WAR:KBJ:
3-Year ROIIC %: 12.15 (near median its 10-year median of 12.26)
GF Value™: zł20.03 vs. price of zł20.60 (2.8% above fair value)
Industry Position: 131.9% above the Software median (#1041 of 2625)
No single metric tells the full story. See the WAR:KBJ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
KBJ SA is engaged in providing implementation and consulting services as well as building dedicated IT solutions that are compliant with individual customer needs. The company services include Business Intelligence & Big Data, SAP Development, ERP S/4 HANA, SAP application service, e-Drugs, E-JPK, HR Cloud Portal, and Research & Development.
78GF Score
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