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Blue StarBOM:500067 -0.71%89 3-Year ROIIC % is 13.20 as of Mar. 2026, which is 12% below its 10-year median of 14.94. GuruFocus rates BOM:500067 with a GF Score™ of 89/100 and a GF Value™ of ₹1,934.92 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,686 Construction companies, Blue Star ranks better than 65.36% on this metric.
3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year.
Blue Star's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 13.20%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Blue Star's 3-Year ROIIC % or its related term are showing as below:
BOM:500067's 3-Year ROIIC % is ranked better than 65.36% of 1686
companies
in the Construction industry
Industry Median: 4.63
vs BOM:500067: 13.20
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.
Blue Star 3-Year ROIIC % Related Terms
Blue Star 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Blue Star's 3-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.
BOM:500067 vs TT, JCI, CARR: 3-Year ROIIC % Comparison
For the Building Products & Equipment subindustry, Blue Star's 3-Year ROIIC %, along with its competitors' market caps and 3-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.
Blue Star 3-Year ROIIC % vs Construction Industry
For the Construction industry and Industrials sector, Blue Star's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Blue Star's 3-Year ROIIC % falls into.
Blue Star's 3-Year ROIIC % for the quarter that ended in Mar. 2026 is calculated as:
3-Year ROIIC %
=
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( 5925.75 (Mar. 2026) - 3054.5424 (Mar. 2023) )
/
( 45727.8 (Mar. 2026) - 23977.9 (Mar. 2023) )
=
2871.2076
/
21749.9
=
13.20%***
* 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 3-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.
Blue Star (BOM:500067) has a 3-Year ROIIC % of 13.20 as of Mar. 2026. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Blue Star and its competitors. This is 12% below median its historical median of 14.94. According to the industry distribution chart, Blue Star ranks #584 out of 1686 companies in the Construction industry, placing it in the top 34.6%.
Is Blue Star's 3-Year ROIIC % too high?
Blue Star's current 3-Year ROIIC % of 13.20 is 12% below median its 10-year median of 14.94. The Construction industry median 3-Year ROIIC % is 4.63. Blue Star's value of 13.20 is 185.1% above this industry median. Based on the distribution chart, Blue Star ranks #584 out of 1686 companies in the Construction industry, which is above the industry midpoint. Overall, Blue Star has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Blue Star's 3-Year ROIIC % compare to TT and JCI?
According to the Construction industry distribution chart, Blue Star ranks #584 out of 1686 companies for 3-Year ROIIC %. This puts Blue Star in the upper half of its industry. The industry median 3-Year ROIIC % is 4.63. Blue Star's value of 13.20 is 185.1% above this benchmark. While the company's 10-year median is 14.94 vs. the industry median of 4.63, Blue Star has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year ROIIC % for a Construction company?
The median 3-Year ROIIC % among Construction companies is 4.63, based on 1,686 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Blue Star's current 3-Year ROIIC % of 13.20 is 185.1% 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 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Blue Star and its competitors. For the Construction industry, the median 3-Year ROIIC % is 4.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Blue Star's current 3-Year ROIIC % is 13.20, which is 12% below median its own 10-year median of 14.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blue Star stock overvalued right now?
Based on GuruFocus' analysis, Blue Star (BOM:500067) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹1,934.92, compared to a current price of ₹1,681.00 — trading 13.1% below its estimated fair value. The current 3-Year ROIIC % is 13.20, which is 12% below median its 10-year median of 14.94 and 185.1% above the Construction industry median of 4.63. Blue Star's overall GF Score™ is 89/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For Blue Star (BOM:500067), the current 3-Year ROIIC % is 13.20 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 Blue Star (BOM:500067) Overvalued in 2026?
Based on GuruFocus' analysis, Blue Star stock appears to be undervalued.
The current stock price of ₹1,681.00 is trading 13.1% below its estimated GF Value™ of ₹1,934.92.
GuruFocus considers Blue Star to be Modestly Undervalued.
Key valuation signals for BOM:500067:
3-Year ROIIC %: 13.20 (12% below median its 10-year median of 14.94)
GF Value™: ₹1,934.92 vs. price of ₹1,681.00 (13.1% below fair value)
Industry Position: 185.1% above the Construction median (#584 of 1686)
No single metric tells the full story. See the BOM:500067 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Blue Star Ltd is an India-based air conditioning and commercial refrigeration company. It serves corporate, commercial, and residential entities. The company's operating segment includes Electro-Mechanical Projects and Commercial Air Conditioning Systems; Unitary Products and Professional Electronics and Industrial Systems. It generates maximum revenue from the Electro-Mechanical Projects and Commercial Air-conditioning Systems segment which includes central air-conditioning projects, Electrical Contracting business, and Packaged air-conditioning businesses including manufacturing and after-sales service. Geographically, the company generates a majority of its revenue from its operations in India.
89GF Score
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