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Nova MSC BhdXKLS:0026 -14.29% 3-Year ROIIC % is 19.63 as of Mar. 2024, which is 7% below its 10-year median of 21.09. The stock has 7 warning signs investors should review. Among 2,624 Software companies, Nova MSC Bhd ranks better than 67.45% 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.
Nova MSC Bhd's 3-Year ROIIC % for the quarter that ended in Mar. 2024 was 19.63%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Nova MSC Bhd's 3-Year ROIIC % or its related term are showing as below:
XKLS:0026's 3-Year ROIIC % is ranked better than 67.45% of 2624
companies
in the Software industry
Industry Median: 5.355
vs XKLS:0026: 19.63
Nova MSC Bhd (XKLS:0026) 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.
Nova MSC Bhd 3-Year ROIIC % Related Terms
Nova MSC Bhd 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Nova MSC Bhd'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.
XKLS:0026 vs UBER, SHOP, CRM: 3-Year ROIIC % Comparison
For the Software - Application subindustry, Nova MSC Bhd'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.
Nova MSC Bhd 3-Year ROIIC % vs Software Industry
For the Software industry and Technology sector, Nova MSC Bhd's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Nova MSC Bhd's 3-Year ROIIC % falls into.
Nova MSC Bhd's 3-Year ROIIC % for the quarter that ended in Mar. 2024 is calculated as:
3-Year ROIIC %
=
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( -5.279 (Mar. 2024) - -4.076 (Mar. 2021) )
/
( 54.601 (Mar. 2024) - 60.73 (Mar. 2021) )
=
-1.203
/
-6.129
=
19.63%***
* 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.
Nova MSC Bhd (XKLS:0026) has a 3-Year ROIIC % of 19.63 as of Mar. 2024. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Nova MSC Bhd and its competitors. This is near median its historical median of 21.09. According to the industry distribution chart, Nova MSC Bhd ranks #854 out of 2624 companies in the Software industry, placing it in the top 32.5%.
Is Nova MSC Bhd's 3-Year ROIIC % too high?
Nova MSC Bhd's current 3-Year ROIIC % of 19.63 is near median its 10-year median of 21.09. The Software industry median 3-Year ROIIC % is 5.36. Nova MSC Bhd's value of 19.63 is 266.6% above this industry median. Based on the distribution chart, Nova MSC Bhd ranks #854 out of 2624 companies in the Software industry, which is above the industry midpoint.
How does Nova MSC Bhd's 3-Year ROIIC % compare to UBER and SHOP?
According to the Software industry distribution chart, Nova MSC Bhd ranks #854 out of 2624 companies for 3-Year ROIIC %. This puts Nova MSC Bhd in the upper half of its industry. The industry median 3-Year ROIIC % is 5.36. Nova MSC Bhd's value of 19.63 is 266.6% above this benchmark. While the company's 10-year median is 21.09 vs. the industry median of 5.36, Nova MSC Bhd 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. Nova MSC Bhd's current 3-Year ROIIC % of 19.63 is 266.6% 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 Nova MSC Bhd 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. Nova MSC Bhd's current 3-Year ROIIC % is 19.63, which is near median its own 10-year median of 21.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nova MSC Bhd stock overvalued right now?
Based on GuruFocus' analysis, Nova MSC Bhd (XKLS:0026) is currently considered Modestly Overvalued. The stock's GF Value™ is RM0.05, compared to a current price of RM0.06 — trading 20% above its estimated fair value. The current 3-Year ROIIC % is 19.63, which is near median its 10-year median of 21.09 and 266.6% above the Software industry median of 5.36. 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 Nova MSC Bhd (XKLS:0026), the current 3-Year ROIIC % is 19.63 as of Mar. 2024. 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.
Nova MSC Bhd is an investment holding company engaged in software research and development and the provision of e-business solutions through application software and professional services. The Group operates one segment, E-Business Solutions, covering software development, e-business solutions, and software-related consultancy services. Its products include Pavo for online submissions, Fornax for electronic plan checking, Vesalius for hospital functions, Avicenna for cloud-based patient management, EyScan for retinal photo analysis using SELENA+, and Dexie, a social robot for dementia care. The Company also provides consultancy, training, maintenance and customization services in Malaysia and Singapore.
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