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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.
Rathi Steel & Power's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was -15.23%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Rathi Steel & Power's 3-Year ROIIC % or its related term are showing as below:
BOM:504903's 3-Year ROIIC % is ranked worse than 72.55% of 601
companies
in the Steel industry
Industry Median: -0.21
vs BOM:504903: -15.23
Rathi Steel & Power (BOM:504903) 3-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.
Rathi Steel & Power 3-Year ROIIC % Related Terms
Rathi Steel & Power 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Rathi Steel & Power'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:504903 vs NUE, STLD, RS: 3-Year ROIIC % Comparison
For the Steel subindustry, Rathi Steel & Power'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.
Rathi Steel & Power 3-Year ROIIC % vs Steel Industry
For the Steel industry and Basic Materials sector, Rathi Steel & Power's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Rathi Steel & Power's 3-Year ROIIC % falls into.
Rathi Steel & Power'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**
=
( 198.436 (Mar. 2026) - 232.6806648 (Mar. 2023) )
/
( 2305.606 (Mar. 2026) - 2080.727 (Mar. 2023) )
=
-34.2446648
/
224.879
=
-15.23%***
* 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.
Rathi Steel & Power (BOM:504903) has a 3-Year ROIIC % of -15.23 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 Rathi Steel & Power and its competitors. According to the industry distribution chart, Rathi Steel & Power ranks #436 out of 601 companies in the Steel industry, placing it in the top 72.5%.
Is Rathi Steel & Power's 3-Year ROIIC % too high?
Rathi Steel & Power's current 3-Year ROIIC % is -15.23. Based on the distribution chart, Rathi Steel & Power ranks #436 out of 601 companies in the Steel industry, which is below the industry midpoint. Overall, Rathi Steel & Power has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Rathi Steel & Power's 3-Year ROIIC % compare to NUE and STLD?
According to the Steel industry distribution chart, Rathi Steel & Power ranks #436 out of 601 companies for 3-Year ROIIC %. This places Rathi Steel & Power in the lower half of its industry. 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 Steel company?
A good 3-Year ROIIC % depends on the Steel industry context. However, 3-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 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 Rathi Steel & Power and its competitors. Rathi Steel & Power's current 3-Year ROIIC % is -15.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rathi Steel & Power stock overvalued right now?
Based on GuruFocus' analysis, Rathi Steel & Power (BOM:504903) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹32.27, compared to a current price of ₹25.91 — trading 19.7% below its estimated fair value. The current 3-Year ROIIC % is -15.23. Rathi Steel & Power's overall GF Score™ is 61/100 with 6 warning signs 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 Rathi Steel & Power (BOM:504903), the current 3-Year ROIIC % is -15.23 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 Rathi Steel & Power (BOM:504903) Overvalued in 2026?
Based on GuruFocus' analysis, Rathi Steel & Power stock appears to be undervalued.
The current stock price of ₹25.91 is trading 19.7% below its estimated GF Value™ of ₹32.27.
GuruFocus considers Rathi Steel & Power to be Modestly Undervalued.
Key valuation signals for BOM:504903:
3-Year ROIIC %: -15.23
GF Value™: ₹32.27 vs. price of ₹25.91 (19.7% below fair value)
No single metric tells the full story. See the BOM:504903 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Rathi Steel & Power Ltd is engaged in manufacturing steel and steel-based products. Its products include rebars and wire rods which are used in all key concrete constructions such as buildings, bridges, reservoirs, roads, irrigation and power structures, dock and harbor structures, foundations, piles, and precast concrete.
61GF Score
Get the complete analysis for BOM:504903
3-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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