Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Triton Valves's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2026 was 9.35%.
As of today (2026-07-15), Triton Valves's WACC % is 9.42%. Triton Valves's ROIC % is 7.86% (calculated using TTM income statement data).
Triton Valves earns returns that do not match up to its cost of capital. It will destroy value as it grows.
Triton Valves (BOM:505978) ROIC % Explanation
ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.
There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.
Why is ROIC % important?
Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.
As of today, Triton Valves's WACC % is 9.42%. Triton Valves's ROIC % is 7.86% (calculated using TTM income statement data).
Triton Valves earns returns that do not match up to its cost of capital. It will destroy value as it grows.
Be Aware
Like ROE % and ROA %, ROIC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Triton Valves ROIC % Related Terms
Triton Valves ROIC % Historical Data
* Premium members only.
The historical data trend for Triton Valves's ROIC % 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.
For the Auto Parts subindustry, Triton Valves's ROIC %, along with its competitors' market caps and ROIC % 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.
Triton Valves ROIC % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Triton Valves's ROIC % distribution charts can be found below:
* The bar in red indicates where Triton Valves's ROIC % falls into.
Note:
The Operating Income data used here is four times the quarterly (Mar. 2026) data.
The tax rate is limited to between 0% and 100%.
* 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.
Triton Valves (BOM:505978) has a ROIC % of 9.35% as of Mar. 2026. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Triton Valves and its competitors.
Is Triton Valves' ROIC % too high?
Triton Valves' current ROIC % is 9.35%. The Vehicles & Parts industry median ROIC % is 5.05. Triton Valves' value of 9.35% is 85.1% above this industry median. Overall, Triton Valves has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Triton Valves' ROIC % compare to ORLY and AZO?
Triton Valves' ROIC % of 9.35% can be compared against companies in the Vehicles & Parts industry. The industry median ROIC % is 5.05. Triton Valves' value of 9.35% is 85.1% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROIC % for a Vehicles & Parts company?
The median ROIC % among Vehicles & Parts companies is 5.05, based on 1,310 companies in the industry. Companies in the top quartile (top 25%) have a ROIC % significantly above this median, while those in the bottom quartile fall well below. However, ROIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Triton Valves's current ROIC % of 9.35% is 85.1% 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 ROIC % mean?
A high ROIC % can signal that a stock is expensive relative to its fundamentals. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Triton Valves and its competitors. For the Vehicles & Parts industry, the median ROIC % is 5.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Triton Valves's current ROIC % is 9.35%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Triton Valves stock overvalued right now?
Based on GuruFocus' analysis, Triton Valves (BOM:505978) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹893.96, compared to a current price of ₹1,100.60 — trading 23.1% above its estimated fair value. The current ROIC % is 9.35% and 85.1% above the Vehicles & Parts industry median of 5.05. Triton Valves' overall GF Score™ is 63/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROIC % calculated?
ROIC % is calculated from a company's financial statements. For Triton Valves (BOM:505978), the current ROIC % is 9.35% 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 Triton Valves (BOM:505978) Overvalued in 2026?
Based on GuruFocus' analysis, Triton Valves stock appears to be overvalued.
The current stock price of ₹1,100.60 is trading 23.1% above its estimated GF Value™ of ₹893.96.
GuruFocus considers Triton Valves to be Modestly Overvalued.
Key valuation signals for BOM:505978:
ROIC %: 9.35%
GF Value™: ₹893.96 vs. price of ₹1,100.60 (23.1% above fair value)
Industry Position: 85.1% above the Vehicles & Parts median
No single metric tells the full story. See the BOM:505978 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Triton Valves Ltd is engaged in the business of manufacturing valves and cores for automobile tubes and supplies to tyre, tube, and original equipment manufacturers. Its product portfolio comprises valves for tubes, flash buster, pressure relief valve, air conditioner valve, valve cores, auto-air conditioning valves, and related accessories (including brass rods and rings), among others. The company has two reportable geographic segments: India, its key revenue-generating market, and the Rest of the world.
63GF Score
Get the complete analysis for BOM:505978
ROIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BOM:505978 has been successfully added to your 
