Shoppers Stop (NSE:SHOPERSTOP) 10-Year ROIIC % : 4.35% (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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NSE:SHOPERSTOP Shoppers Stop Ltd NSE:SHOPERSTOP
62 GF Score
Price ₹420.05
GF Value ₹766.73
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Shoppers Stop 10-Year ROIIC %?

Shoppers Stop NSE:SHOPERSTOP +0.13% 62 10-Year ROIIC % is 4.35 as of Mar. 2026. GuruFocus rates NSE:SHOPERSTOP with a GF Score™ of 62/100 and a GF Value™ of ₹766.73 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 920 Retail - Cyclical companies, Shoppers Stop ranks better than 51.96% 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. Shoppers Stop's 10-Year ROIIC % for the quarter that ended in Mar. 2026 was 4.35%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

NSE:SHOPERSTOP's 10-Year ROIIC % is ranked better than
51.96% of 920 companies
in the Retail - Cyclical industry
Industry Median: 3.52 vs NSE:SHOPERSTOP: 4.35

Shoppers Stop  (NSE:SHOPERSTOP) 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.


Shoppers Stop 10-Year ROIIC % Related Terms


Shoppers Stop 10-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Shoppers Stop'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.

Shoppers Stop 10-Year ROIIC % Chart

Shoppers Stop Annual Data
Trend Mar17 Mar18 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 10.60 6.17 4.19 4.35

Shoppers Stop Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.00 0.00 0.00 4.35 0.00

NSE:SHOPERSTOP vs DDS, M: 10-Year ROIIC % Comparison

For the Department Stores subindustry, Shoppers Stop'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.


Shoppers Stop 10-Year ROIIC % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Shoppers Stop's 10-Year ROIIC % distribution charts can be found below:

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


NSE:SHOPERSTOP
62GF Score
Shoppers Stop Ltd NSE:SHOPERSTOP
10-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shoppers Stop 10-Year ROIIC % Calculation

Shoppers Stop'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**
=( 1554.56965 (Mar. 2026) - 506.669 (Mar. 2016) )/( 42746.2 (Mar. 2026) - 18659.696 (Mar. 2016) )
=1047.90065/24086.504
=4.35%***

* 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 4.35 mean?
Shoppers Stop (NSE:SHOPERSTOP) has a 10-Year ROIIC % of 4.35 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 Shoppers Stop and its competitors. According to the industry distribution chart, Shoppers Stop ranks #442 out of 920 companies in the Retail - Cyclical industry, placing it in the top 48%.
Is Shoppers Stop's 10-Year ROIIC % too high?
Shoppers Stop's current 10-Year ROIIC % is 4.35. The Retail - Cyclical industry median 10-Year ROIIC % is 3.52. Shoppers Stop's value of 4.35 is 23.6% above this industry median. Based on the distribution chart, Shoppers Stop ranks #442 out of 920 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Shoppers Stop has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Shoppers Stop's 10-Year ROIIC % compare to DDS and M?
According to the Retail - Cyclical industry distribution chart, Shoppers Stop ranks #442 out of 920 companies for 10-Year ROIIC %. This puts Shoppers Stop in the upper half of its industry. The industry median 10-Year ROIIC % is 3.52. Shoppers Stop's value of 4.35 is 23.6% 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 a Retail - Cyclical company?
The median 10-Year ROIIC % among Retail - Cyclical companies is 3.52, based on 920 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. Shoppers Stop's current 10-Year ROIIC % of 4.35 is 23.6% 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 Shoppers Stop and its competitors. For the Retail - Cyclical industry, the median 10-Year ROIIC % is 3.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shoppers Stop's current 10-Year ROIIC % is 4.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shoppers Stop stock overvalued right now?
Based on GuruFocus' analysis, Shoppers Stop (NSE:SHOPERSTOP) is currently considered Possible Value Trap. The stock's GF Value™ is ₹766.73, compared to a current price of ₹420.05 — trading 45.2% below its estimated fair value. The current 10-Year ROIIC % is 4.35 and 23.6% above the Retail - Cyclical industry median of 3.52. Shoppers Stop's overall GF Score™ is 62/100 with 4 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 Shoppers Stop (NSE:SHOPERSTOP), the current 10-Year ROIIC % is 4.35 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 Shoppers Stop (NSE:SHOPERSTOP) Overvalued in 2026?

Based on GuruFocus' analysis, Shoppers Stop stock appears to be undervalued. The current stock price of ₹420.05 is trading 45.2% below its estimated GF Value™ of ₹766.73. GuruFocus considers Shoppers Stop to be Possible Value Trap.

Key valuation signals for NSE:SHOPERSTOP:

  • 10-Year ROIIC %: 4.35
  • GF Value™: ₹766.73 vs. price of ₹420.05 (45.2% below fair value)
  • GF Score™: 62/100 with 4 warning signs
  • Industry Position: 23.6% above the Retail - Cyclical median (#442 of 920)

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


Shoppers Stop Business Description

Other Exchanges 532638:India
Address Mindspace, Off. Link Road, Umang Tower, 5th Floor, Malad (West), Mumbai, MH, IND, 400064
Shoppers Stop Ltd is an India-based company engaged in the business of retailing a variety of household and consumer products through departmental stores. The group's products include apparels and non-apparels. The Non-Apparel includes Cosmetics, Personal Accessories, Jewellery, and Leather goods, Home Wares, Electronics, Books, and Music.
62GF Score

Get the complete analysis for NSE:SHOPERSTOP

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

₹420.05
Price
₹766.73
GF Value