Capex-to-Operating-Income measures a company's investments in physical assets such as property, industrial buildings or equipment to its operating income.
Capex-to-Operating-Income assesses how much emphasis a company is placing upon investing in capital-intensive projects. The ratio is generally a good gauge to quantify how much focus on growth a company has. Typically, smaller companies that are still growing and expanding will have a higher Capex to Operating Income Ratio, since such businesses are likely investing more in physical assets. Lower ratios could indicate that a company has reached maturity and it is no longer pursuing aggressive growth.
V-Guard Industries Capex-to-Operating-Income Related Terms
V-Guard Industries Capex-to-Operating-Income Historical Data
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The historical data trend for V-Guard Industries's Capex-to-Operating-Income 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.
NSE:VGUARD vs VRT, BE: Capex-to-Operating-Income Comparison
For the Electrical Equipment & Parts subindustry, V-Guard Industries's Capex-to-Operating-Income, along with its competitors' market caps and Capex-to-Operating-Income 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.
V-Guard Industries Capex-to-Operating-Income vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, V-Guard Industries's Capex-to-Operating-Income distribution charts can be found below:
* The bar in red indicates where V-Guard Industries's Capex-to-Operating-Income falls into.
* 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.
What does a Capex-to-Operating-Income of 0.00 mean?
V-Guard Industries (NSE:VGUARD) has a Capex-to-Operating-Income of 0.00 as of Mar. 2026. Capex to Operating Income ratio measures a company's investments in physical assets to its operating income. View historical data on V-Guard Industries and its competitors. Over the past decade, V-Guard Industries' Capex-to-Operating-Income has ranged from 0.22 to 0.43. According to the industry distribution chart, V-Guard Industries ranks #999999 out of 1913 companies in the Industrial Products industry.
Is V-Guard Industries' Capex-to-Operating-Income too high?
V-Guard Industries' current Capex-to-Operating-Income is 0.00. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 0.43. Based on the distribution chart, V-Guard Industries ranks #999999 out of 1913 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, V-Guard Industries has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does V-Guard Industries' Capex-to-Operating-Income compare to VRT and BE?
According to the Industrial Products industry distribution chart, V-Guard Industries ranks #999999 out of 1913 companies for Capex-to-Operating-Income. This places V-Guard Industries in the lower half of its industry. The industry median Capex-to-Operating-Income is 0.48. Historically, V-Guard Industries' own Capex-to-Operating-Income has ranged from 0.22 to 0.43 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Capex-to-Operating-Income for an Industrial Products company?
The median Capex-to-Operating-Income among Industrial Products companies is 0.48, based on 1,913 companies in the industry. Companies in the top quartile (top 25%) have a Capex-to-Operating-Income significantly above this median, while those in the bottom quartile fall well below. However, Capex-to-Operating-Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Capex-to-Operating-Income mean?
A high Capex-to-Operating-Income can signal that a stock is expensive relative to its fundamentals. Capex to Operating Income ratio measures a company's investments in physical assets to its operating income. View historical data on V-Guard Industries and its competitors. For the Industrial Products industry, the median Capex-to-Operating-Income is 0.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. V-Guard Industries's current Capex-to-Operating-Income is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is V-Guard Industries stock overvalued right now?
Based on GuruFocus' analysis, V-Guard Industries (NSE:VGUARD) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹416.89, compared to a current price of ₹311.55 — trading 25.3% below its estimated fair value. The current Capex-to-Operating-Income is 0.00. V-Guard Industries' overall GF Score™ is 88/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Capex-to-Operating-Income calculated?
Capex-to-Operating-Income is calculated from a company's financial statements. For V-Guard Industries (NSE:VGUARD), the current Capex-to-Operating-Income is 0.00 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 V-Guard Industries (NSE:VGUARD) Overvalued in 2026?
Based on GuruFocus' analysis, V-Guard Industries stock appears to be undervalued.
The current stock price of ₹311.55 is trading 25.3% below its estimated GF Value™ of ₹416.89.
GuruFocus considers V-Guard Industries to be Modestly Undervalued.
Key valuation signals for NSE:VGUARD:
Capex-to-Operating-Income: 0.00
GF Value™: ₹416.89 vs. price of ₹311.55 (25.3% below fair value)
No single metric tells the full story. See the NSE:VGUARD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
V-Guard Industries Ltd is an India-based consumer electrical and electronics company. It is involved in the manufacturing, trading, and selling of consumer electrical products. Its business segments are Electricals segment which includes PVC Insulated Cables, Switch Gears, Pumps and Modular Switches. The Electronics segment includes Stabilizers, Digital UPS and Solar Inverters. The Consumer segment Durables includes Fans, Water Heaters, Kitchen Appliances, Air Coolers, and Sunflame segment includes products sold under trademark Sunflame and Superflame. The group derives a majority of the revenue from the Electricals segment. Geographically, the company has operations in India.
88GF Score
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