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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.
Venus Pipes & Tubes does not have enough data to calculate 10-Year ROIIC %.
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.
Venus Pipes & Tubes 10-Year ROIIC % Related Terms
Venus Pipes & Tubes 10-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Venus Pipes & Tubes'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.
NSE:VENUSPIPES vs NUE, STLD, RS: 10-Year ROIIC % Comparison
For the Steel subindustry, Venus Pipes & Tubes'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.
Venus Pipes & Tubes 10-Year ROIIC % vs Steel Industry
For the Steel industry and Basic Materials sector, Venus Pipes & Tubes's 10-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Venus Pipes & Tubes's 10-Year ROIIC % falls into.
Venus Pipes & Tubes'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**
=
( 1239.952725 (Mar. 2026) - (Mar. 2016) )
/
( 9488.06 (Mar. 2026) - (Mar. 2016) )
=
/
=
N/A%***
* 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.
Venus Pipes & Tubes (NSE:VENUSPIPES) has a 10-Year ROIIC % of 0.00 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 Venus Pipes & Tubes and its competitors. According to the industry distribution chart, Venus Pipes & Tubes ranks #999999 out of 540 companies in the Steel industry.
Is Venus Pipes & Tubes' 10-Year ROIIC % too high?
Venus Pipes & Tubes' current 10-Year ROIIC % is 0.00. Based on the distribution chart, Venus Pipes & Tubes ranks #999999 out of 540 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Venus Pipes & Tubes has a GF Score™ of 94/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Venus Pipes & Tubes' 10-Year ROIIC % compare to NUE and STLD?
According to the Steel industry distribution chart, Venus Pipes & Tubes ranks #999999 out of 540 companies for 10-Year ROIIC %. This places Venus Pipes & Tubes in the lower half of its industry. The industry median 10-Year ROIIC % is 3.26. 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 Steel company?
The median 10-Year ROIIC % among Steel companies is 3.26, based on 540 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. 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 Venus Pipes & Tubes and its competitors. For the Steel industry, the median 10-Year ROIIC % is 3.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Venus Pipes & Tubes's current 10-Year ROIIC % 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 Venus Pipes & Tubes stock overvalued right now?
Based on GuruFocus' analysis, Venus Pipes & Tubes (NSE:VENUSPIPES) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹2,308.25, compared to a current price of ₹1,700.40 — trading 26.3% below its estimated fair value. The current 10-Year ROIIC % is 0.00. Venus Pipes & Tubes' overall GF Score™ is 94/100 with 7 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 Venus Pipes & Tubes (NSE:VENUSPIPES), the current 10-Year ROIIC % is 0.00 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 Venus Pipes & Tubes (NSE:VENUSPIPES) Overvalued in 2026?
Based on GuruFocus' analysis, Venus Pipes & Tubes stock appears to be undervalued.
The current stock price of ₹1,700.40 is trading 26.3% below its estimated GF Value™ of ₹2,308.25.
GuruFocus considers Venus Pipes & Tubes to be Modestly Undervalued.
Key valuation signals for NSE:VENUSPIPES:
10-Year ROIIC %: 0.00
GF Value™: ₹2,308.25 vs. price of ₹1,700.40 (26.3% below fair value)
No single metric tells the full story. See the NSE:VENUSPIPES stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Venus Pipes & Tubes Ltd is a manufacturer and exporter of stainless steel pipes and tubes. It manufactures stainless steel tube products in two broad categories, namely seamless tubes/pipes and welded tubes/pipes, under which five categories of products are manufactured, namely, stainless steel high precision and heat exchanger tubes, stainless steel hydraulic and instrumentation tubes, stainless steel seamless pipes, stainless steel welded pipes, and stainless steel lsaw pipes. The company distributes its products through direct supply, traders, stockists, and selected marketing representatives. Geographically, it derives a majority of its revenue from India and also engages in exporting its products to other countries.
94GF Score
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