I dove with a Citizens Aqualand for many years. It had most things on it a computer does, but no calculation for NDL. I used it as a backup for my computer. It displayed BT, water temp, dive time. depth, and average depth.
I sold that, and now dive two computers. A watch generally will not replace a computer. I guess you could say my Aeris Epic is a watch, but it's more of a dive computer based on the advanced functionality and ability to monitor tank pressure, and calculate NDL on multiple gas mixes.
A watch is not a replacement for a computer, more of a backup set of gauges. I think a watch becomes a dive computer if it calculated NDL.