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VoltasNSE:VOLTAS -2.29%88 10-Year ROIIC % is 2.75 as of Mar. 2026. GuruFocus rates NSE:VOLTAS with a GF Score™ of 88/100 and a GF Value™ of ₹1,448.36 (Fairly Valued). The stock has 6 warning signs investors should review. Among 363 Furnishings, Fixtures & Appliances companies, Voltas ranks worse than 51.24% 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.
Voltas's 10-Year ROIIC % for the quarter that ended in Mar. 2026 was 2.75%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Voltas's 10-Year ROIIC % or its related term are showing as below:
NSE:VOLTAS's 10-Year ROIIC % is ranked worse than 51.24% of 363
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 2.84
vs NSE:VOLTAS: 2.75
Voltas (NSE:VOLTAS) 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.
Voltas 10-Year ROIIC % Related Terms
Voltas 10-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Voltas'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:VOLTAS vs SN, SGI, MHK: 10-Year ROIIC % Comparison
For the Furnishings, Fixtures & Appliances subindustry, Voltas'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.
Voltas 10-Year ROIIC % vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Voltas's 10-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Voltas'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.
Voltas (NSE:VOLTAS) has a 10-Year ROIIC % of 2.75 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 Voltas and its competitors. According to the industry distribution chart, Voltas ranks #186 out of 363 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 51.2%.
Is Voltas' 10-Year ROIIC % too high?
Voltas' current 10-Year ROIIC % is 2.75. The Furnishings, Fixtures & Appliances industry median 10-Year ROIIC % is 2.84. Voltas' value of 2.75 is 3.2% below this industry median. Based on the distribution chart, Voltas ranks #186 out of 363 companies in the Furnishings, Fixtures & Appliances industry, which is below the industry midpoint. Overall, Voltas has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Voltas' 10-Year ROIIC % compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Voltas ranks #186 out of 363 companies for 10-Year ROIIC %. This places Voltas in the lower half of its industry. The industry median 10-Year ROIIC % is 2.84. Voltas' value of 2.75 is 3.2% below 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 Furnishings, Fixtures & Appliances company?
The median 10-Year ROIIC % among Furnishings, Fixtures & Appliances companies is 2.84, based on 363 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. Voltas's current 10-Year ROIIC % of 2.75 is 3.2% below 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 Voltas and its competitors. For the Furnishings, Fixtures & Appliances industry, the median 10-Year ROIIC % is 2.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Voltas's current 10-Year ROIIC % is 2.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Voltas stock overvalued right now?
Based on GuruFocus' analysis, Voltas (NSE:VOLTAS) is currently considered Fairly Valued. The stock's GF Value™ is ₹1,448.36, compared to a current price of ₹1,342.40 — trading 7.3% below its estimated fair value. The current 10-Year ROIIC % is 2.75 and 3.2% below the Furnishings, Fixtures & Appliances industry median of 2.84. Voltas' overall GF Score™ is 88/100 with 6 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 Voltas (NSE:VOLTAS), the current 10-Year ROIIC % is 2.75 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 Voltas (NSE:VOLTAS) Overvalued in 2026?
Based on GuruFocus' analysis, Voltas stock appears to be undervalued.
The current stock price of ₹1,342.40 is trading 7.3% below its estimated GF Value™ of ₹1,448.36.
GuruFocus considers Voltas to be Fairly Valued.
Key valuation signals for NSE:VOLTAS:
10-Year ROIIC %: 2.75
GF Value™: ₹1,448.36 vs. price of ₹1,342.40 (7.3% below fair value)
Industry Position: 3.2% below the Furnishings, Fixtures & Appliances median (#186 of 363)
No single metric tells the full story. See the NSE:VOLTAS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Voltas Ltd is one of India's air conditioning companies. It provides engineering solutions for heating, ventilation, and air conditioning, refrigeration, textile machinery, and heavy equipment. Voltas has three operating segments: Unitary Cooling Products for Comfort and Commercial use, Engineering Products and Services, and Electro-Mechanical Projects and Services. The majority of its revenue is generated from the Unitary Cooling Products for Comfort and Commercial use segment. Remote monitoring and maintenance systems keep track of performance and strengthen relationships with customers. The majority of revenue comes from India, with the remainder split among the Middle East, Singapore, and other regions.
88GF Score
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