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VIP IndustriesNSE:VIPIND +1.19%71 Capex-to-Operating-Income is 0.00 as of Jun. 2026. GuruFocus rates NSE:VIPIND with a GF Score™ of 71/100 and a GF Value™ of ₹391.82 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 462 Manufacturing - Apparel & Accessories companies, VIP Industries ranks worse than 216450% on this metric.
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.
VIP Industries Capex-to-Operating-Income Related Terms
VIP Industries Capex-to-Operating-Income Historical Data
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The historical data trend for VIP 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:VIPIND vs NKE, DECK, ONON: Capex-to-Operating-Income Comparison
For the Footwear & Accessories subindustry, VIP 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.
VIP Industries Capex-to-Operating-Income vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, VIP Industries's Capex-to-Operating-Income distribution charts can be found below:
* The bar in red indicates where VIP 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?
VIP Industries (NSE:VIPIND) has a Capex-to-Operating-Income of 0.00 as of Jun. 2026. Capex to Operating Income ratio measures a company's investments in physical assets to its operating income. View historical data on VIP Industries and its competitors. Over the past decade, VIP Industries' Capex-to-Operating-Income has ranged from 0.08 to 0.96. According to the industry distribution chart, VIP Industries ranks #999999 out of 462 companies in the Manufacturing - Apparel & Accessories industry.
Is VIP Industries' Capex-to-Operating-Income too high?
VIP Industries' current Capex-to-Operating-Income is 0.00. Over the past 10 years, this metric has ranged from a low of 0.08 to a high of 0.96. Based on the distribution chart, VIP Industries ranks #999999 out of 462 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, VIP Industries has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does VIP Industries' Capex-to-Operating-Income compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, VIP Industries ranks #999999 out of 462 companies for Capex-to-Operating-Income. This places VIP Industries in the lower half of its industry. The industry median Capex-to-Operating-Income is 0.47. Historically, VIP Industries' own Capex-to-Operating-Income has ranged from 0.08 to 0.96 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 a Manufacturing - Apparel & Accessories company?
The median Capex-to-Operating-Income among Manufacturing - Apparel & Accessories companies is 0.47, based on 462 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 VIP Industries and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Capex-to-Operating-Income is 0.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VIP 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 VIP Industries stock overvalued right now?
Based on GuruFocus' analysis, VIP Industries (NSE:VIPIND) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹391.82, compared to a current price of ₹314.05 — trading 19.8% below its estimated fair value. The current Capex-to-Operating-Income is 0.00. VIP Industries' overall GF Score™ is 71/100 with 7 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 VIP Industries (NSE:VIPIND), the current Capex-to-Operating-Income is 0.00 as of Jun. 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 VIP Industries (NSE:VIPIND) Overvalued in 2026?
Based on GuruFocus' analysis, VIP Industries stock appears to be undervalued.
The current stock price of ₹314.05 is trading 19.8% below its estimated GF Value™ of ₹391.82.
GuruFocus considers VIP Industries to be Modestly Undervalued.
Key valuation signals for NSE:VIPIND:
Capex-to-Operating-Income: 0.00
GF Value™: ₹391.82 vs. price of ₹314.05 (19.8% below fair value)
No single metric tells the full story. See the NSE:VIPIND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
VIP Industries Ltd is a luggage manufacturer based in India. The company's only segment is the manufacturing and marketing of luggage, bags, and accessories. Geographically, it derives a majority of revenue from India. VIP has a range of brands across luggage categories including Carlton, VIP Bags, Skybags, Aristocrat, Alfa, and Caprese through which it sells trolleys, rucksacks, backpacks, duffel bags, laptop bags, travel accessories, short-haul essentials, soft uprights, vanity cases, hard suitcases, briefcases, and others.
71GF Score
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