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10-Year Return on Invested Incremental Capital (10-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 10-year.
Hemang Resources's 10-Year ROIIC % for the quarter that ended in Mar. 2026 was 25.97%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Hemang Resources's 10-Year ROIIC % or its related term are showing as below:
BOM:531178's 10-Year ROIIC % is ranked better than 82.12% of 151
companies
in the Other Energy Sources industry
Industry Median: 1.93
vs BOM:531178: 25.97
Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.
High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Be Aware
It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.
Hemang Resources 10-Year ROIIC % Related Terms
Hemang Resources 10-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Hemang Resources's 10-Year ROIIC % 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 Thermal Coal subindustry, Hemang Resources's 10-Year ROIIC %, along with its competitors' market caps and 10-Year ROIIC % 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.
Hemang Resources 10-Year ROIIC % vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, Hemang Resources's 10-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Hemang Resources's 10-Year ROIIC % 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.
** Annual data of NOPAT and Invested Capital was used to calculate 10-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.
Hemang Resources (BOM:531178) has a 10-Year ROIIC % of 25.97 as of Mar. 2026. 10-Year ROIIC % measures the change in earnings as a percentage of change in investment over 10-year. View historical data on Hemang Resources and its competitors. According to the industry distribution chart, Hemang Resources ranks #27 out of 151 companies in the Other Energy Sources industry, placing it in the top 17.9%.
Is Hemang Resources' 10-Year ROIIC % too high?
Hemang Resources' current 10-Year ROIIC % is 25.97. The Other Energy Sources industry median 10-Year ROIIC % is 1.93. Hemang Resources' value of 25.97 is 1245.6% above this industry median. Based on the distribution chart, Hemang Resources ranks #27 out of 151 companies in the Other Energy Sources industry, which is in the top quartile — a strong position relative to peers. Overall, Hemang Resources has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hemang Resources' 10-Year ROIIC % compare to CNR?
According to the Other Energy Sources industry distribution chart, Hemang Resources ranks #27 out of 151 companies for 10-Year ROIIC %. This places Hemang Resources in the top 18% of its industry — outperforming the majority of peers. The industry median 10-Year ROIIC % is 1.93. Hemang Resources' value of 25.97 is 1245.6% 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 10-Year ROIIC % for an Other Energy Sources company?
The median 10-Year ROIIC % among Other Energy Sources companies is 1.93, based on 151 companies in the industry. Companies in the top quartile (top 25%) have a 10-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 10-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hemang Resources's current 10-Year ROIIC % of 25.97 is 1245.6% 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 10-Year ROIIC % mean?
A high 10-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 10-Year ROIIC % measures the change in earnings as a percentage of change in investment over 10-year. View historical data on Hemang Resources and its competitors. For the Other Energy Sources industry, the median 10-Year ROIIC % is 1.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hemang Resources's current 10-Year ROIIC % is 25.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hemang Resources stock overvalued right now?
Based on GuruFocus' analysis, Hemang Resources (BOM:531178) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹5.93, compared to a current price of ₹9.41 — trading 58.7% above its estimated fair value. The current 10-Year ROIIC % is 25.97 and 1245.6% above the Other Energy Sources industry median of 1.93. Hemang Resources' overall GF Score™ is 51/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 10-Year ROIIC % calculated?
10-Year ROIIC % is calculated from a company's financial statements. For Hemang Resources (BOM:531178), the current 10-Year ROIIC % is 25.97 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 Hemang Resources (BOM:531178) Overvalued in 2026?
Based on GuruFocus' analysis, Hemang Resources stock appears to be overvalued.
The current stock price of ₹9.41 is trading 58.7% above its estimated GF Value™ of ₹5.93.
GuruFocus considers Hemang Resources to be Significantly Overvalued.
Key valuation signals for BOM:531178:
10-Year ROIIC %: 25.97
GF Value™: ₹5.93 vs. price of ₹9.41 (58.7% above fair value)
Industry Position: 1245.6% above the Other Energy Sources median (#27 of 151)
No single metric tells the full story. See the BOM:531178 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hemang Resources Ltd is a company principally engaged in coal trading, stevedoring, logistic services, and land trading. The company's operating segments consist of the Coal Trading Division and the Infrastructure Division. The Coal Trading Division focuses on trading both imported and indigenous coal, selling to various industries in India. The Infrastructure Division operates in the real estate sector. The company generates the majority of its revenue from the sale of imported coal within the Coal Trading Division segment.
51GF Score
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