Pulz Electronics (NSE:PULZ) 10-Year ROIIC % : 16.07% (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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NSE:PULZ Pulz Electronics Ltd NSE:PULZ
77 GF Score
Price ₹22.35
GF Value ₹39.70
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Pulz Electronics 10-Year ROIIC %?

Pulz Electronics NSE:PULZ 77 10-Year ROIIC % is 16.07 as of Mar. 2026. GuruFocus rates NSE:PULZ with a GF Score™ of 77/100 and a GF Value™ of ₹39.70 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 2,158 Hardware companies, Pulz Electronics ranks better than 74.56% on this metric.

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. Pulz Electronics's 10-Year ROIIC % for the quarter that ended in Mar. 2026 was 16.07%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Pulz Electronics's 10-Year ROIIC % or its related term are showing as below:

NSE:PULZ's 10-Year ROIIC % is ranked better than
74.56% of 2158 companies
in the Hardware industry
Industry Median: 4.255 vs NSE:PULZ: 16.07

Pulz Electronics  (NSE:PULZ) 10-Year ROIIC % Explanation

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.


Pulz Electronics 10-Year ROIIC % Related Terms


Pulz Electronics 10-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Pulz Electronics'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.

Pulz Electronics 10-Year ROIIC % Chart

Pulz Electronics Annual Data
Trend Mar16 Mar17 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
10-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 28.50 35.24 26.45 16.07

Pulz Electronics Semi-Annual Data
Mar14 Mar15 Mar16 Mar17 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
10-Year ROIIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 35.24 0.00 26.45 0.00 16.07

NSE:PULZ vs AAPL: 10-Year ROIIC % Comparison

For the Consumer Electronics subindustry, Pulz Electronics'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.


Pulz Electronics 10-Year ROIIC % vs Hardware Industry

For the Hardware industry and Technology sector, Pulz Electronics's 10-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Pulz Electronics's 10-Year ROIIC % falls into.


NSE:PULZ
77GF Score
Pulz Electronics Ltd NSE:PULZ
10-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pulz Electronics 10-Year ROIIC % Calculation

Pulz Electronics's 10-Year ROIIC % for the quarter that ended in Mar. 2026 is calculated as:

10-Year ROIIC %=10-Year Incremental Net Operating Profit After Taxes (NOPAT)**/10-Year Incremental Invested Capital**
=( 37.1515325 (Mar. 2026) - 6.9107802 (Mar. 2016) )/( 269.271 (Mar. 2026) - 81.05 (Mar. 2016) )
=30.2407523/188.221
=16.07%***

* 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.

Frequently Asked Questions Learn more about 10-Year ROIIC % →
What does a 10-Year ROIIC % of 16.07 mean?
Pulz Electronics (NSE:PULZ) has a 10-Year ROIIC % of 16.07 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 Pulz Electronics and its competitors. According to the industry distribution chart, Pulz Electronics ranks #549 out of 2158 companies in the Hardware industry, placing it in the top 25.4%.
Is Pulz Electronics' 10-Year ROIIC % too high?
Pulz Electronics' current 10-Year ROIIC % is 16.07. The Hardware industry median 10-Year ROIIC % is 4.26. Pulz Electronics' value of 16.07 is 277.7% above this industry median. Based on the distribution chart, Pulz Electronics ranks #549 out of 2158 companies in the Hardware industry, which is above the industry midpoint. Overall, Pulz Electronics has a GF Score™ of 77/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Pulz Electronics' 10-Year ROIIC % compare to AAPL?
According to the Hardware industry distribution chart, Pulz Electronics ranks #549 out of 2158 companies for 10-Year ROIIC %. This puts Pulz Electronics in the upper half of its industry. The industry median 10-Year ROIIC % is 4.26. Pulz Electronics' value of 16.07 is 277.7% 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 a Hardware company?
The median 10-Year ROIIC % among Hardware companies is 4.26, based on 2,158 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. Pulz Electronics's current 10-Year ROIIC % of 16.07 is 277.7% 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 Pulz Electronics and its competitors. For the Hardware industry, the median 10-Year ROIIC % is 4.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pulz Electronics's current 10-Year ROIIC % is 16.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pulz Electronics stock overvalued right now?
Based on GuruFocus' analysis, Pulz Electronics (NSE:PULZ) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹39.70, compared to a current price of ₹22.35 — trading 43.7% below its estimated fair value. The current 10-Year ROIIC % is 16.07 and 277.7% above the Hardware industry median of 4.26. Pulz Electronics' overall GF Score™ is 77/100 with 2 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 Pulz Electronics (NSE:PULZ), the current 10-Year ROIIC % is 16.07 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 Pulz Electronics (NSE:PULZ) Overvalued in 2026?

Based on GuruFocus' analysis, Pulz Electronics stock appears to be undervalued. The current stock price of ₹22.35 is trading 43.7% below its estimated GF Value™ of ₹39.70. GuruFocus considers Pulz Electronics to be Significantly Undervalued.

Key valuation signals for NSE:PULZ:

  • 10-Year ROIIC %: 16.07
  • GF Value™: ₹39.70 vs. price of ₹22.35 (43.7% below fair value)
  • GF Score™: 77/100 with 2 warning signs
  • Industry Position: 277.7% above the Hardware median (#549 of 2158)

No single metric tells the full story. See the NSE:PULZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Pulz Electronics Business Description

Address Veera Desai Road, Kailashpati, 2nd Floor, Plot No. 10A, Andheri (West), Mumbai, MH, IND, 400 053
Pulz Electronics Ltd develops, manufactures, and sells audio systems and solutions to the cinema, pro-audio, studio, and home audio industries in India and internationally. The technologies offered by the company include Line Source, IsoWave, WaveDrive, AeroWave, and Point Source Precision. The company's business falls within a single business segment of Audio Systems. Geographically, the company generates the majority of its revenue from India.
77GF Score

Get the complete analysis for NSE:PULZ

10-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹22.35
Price
₹39.70
GF Value