Payroll

Payroll ROIC

Delisted

The Return on Invested Capital (ROIC) of Payroll (4489.T) as of Nov 5, 2026 is 5.98 %. In the previous year, Return on Invested Capital (ROIC) was 5.53 % — a change of 8.15% (higher).

ROIC

5.98 %

YoY

8.15%

Last updated:

Return on Invested Capital (ROIC) of Payroll is 2024 5.98 % . Return on Invested Capital (ROIC) of Payroll was 2023 5.53 % . It decreases by 8.15% higher compared to the previous year.

The Payroll ROIC history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

ROIC
Date
ROIC
Jan 1, 2019
3.78 JPY
Jan 1, 2020
4.15 JPY
Jan 1, 2021
4.32 JPY
Jan 1, 2022
5.87 JPY
Jan 1, 2023
5.53 JPY
Jan 1, 2024
5.98 JPY
The Payroll ROIC history
YEARROICYoY
5.98 %+8.15%
5.53 %-5.85%
5.87 %+36.03%
4.32 %+4.14%
4.15 %+9.65%
3.78 %—

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Payroll Stock analysis

What does Payroll do? Payroll, Inc. generates revenue through its BPO segment, which offers full-scope outsourcing services for human resources-related tasks including payroll calculation, year-end adjustment assistance, and my number management. The company provides payroll business outsourcing services such as payroll services, payroll optional services, welfare counter services, and direct response services, alongside my number management services like my number operation and management, and my number appendix services. These offerings are primarily purchased by businesses seeking comprehensive HR support without in-house expertise. The firm's services target organizations requiring efficient payroll processing and compliance with Japanese administrative systems, particularly those managing employee data under the my number system. Payroll, Inc. caters to clients needing end-to-end solutions for payroll operations, from initial design to ongoing management, with a focus on accuracy and regulatory adherence in Japan's complex HR environment. Revenue streams include contracts for payroll services, optional add-ons, and specialized my number management tasks. Clients range from small businesses to large enterprises across various industries, all aiming to outsource non-core HR functions to streamline operations and reduce administrative burdens. Payroll is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Payroll stock

Return on Invested Capital (ROIC) of Payroll is 5.98 % in 2024.

Return on Invested Capital (ROIC) of Payroll changed from 5.53 % to 5.98 %, representing a 8.15% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Return on Invested Capital (ROIC) Payroll since 2006 – with annual values, charts, and detailed analysis.

ROIC measures how effectively a company uses its invested capital to generate profits. A ROIC above the cost of capital creates shareholder value.

ROIC = NOPAT / Invested Capital

A 'good' varies by industry and company stage. On Eulerpool, you can compare Return on Invested Capital (ROIC)'s Payroll with sector peers and the industry average to assess whether it is attractive.

To evaluate Return on Invested Capital (ROIC)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Return on Invested Capital (ROIC).

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Profitability — Payroll

All Key Metrics — Payroll