Panasonic Carbon India Co (BOM:508941) 3-Year ROIIC % : -25.59% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:508941 Panasonic Carbon India Co Ltd BOM:508941
71 GF Score
Price ₹466.60
GF Value ₹511.65
Valuation Fairly Valued
! 1 Warning Sign
View Full Analysis

What is Panasonic Carbon India Co 3-Year ROIIC %?

Panasonic Carbon India Co BOM:508941 +0.83% 71 3-Year ROIIC % is -25.59 as of Mar. 2026. GuruFocus rates BOM:508941 with a GF Score™ of 71/100 and a GF Value™ of ₹511.65 (Fairly Valued). The stock has 1 warning sign investors should review. Among 2,370 Hardware companies, Panasonic Carbon India Co ranks worse than 78.1% 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. Panasonic Carbon India Co's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was -25.59%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Panasonic Carbon India Co's 3-Year ROIIC % or its related term are showing as below:

BOM:508941's 3-Year ROIIC % is ranked worse than
78.1% of 2370 companies
in the Hardware industry
Industry Median: 2.375 vs BOM:508941: -25.59

Panasonic Carbon India Co  (BOM:508941) 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.


Panasonic Carbon India Co 3-Year ROIIC % Related Terms


Panasonic Carbon India Co 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Panasonic Carbon India Co'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.

Panasonic Carbon India Co 3-Year ROIIC % Chart

Panasonic Carbon India Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -199.22 -12.40 -247.60 18.14 -25.59

Panasonic Carbon India Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
3-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 18.14 0.00 0.00 0.00 -25.59

BOM:508941 vs APH, GLW, TEL: 3-Year ROIIC % Comparison

For the Electronic Components subindustry, Panasonic Carbon India Co'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.


Panasonic Carbon India Co 3-Year ROIIC % vs Hardware Industry

For the Hardware industry and Technology sector, Panasonic Carbon India Co's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Panasonic Carbon India Co's 3-Year ROIIC % falls into.


BOM:508941
71GF Score
Panasonic Carbon India Co Ltd BOM:508941
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Panasonic Carbon India Co 3-Year ROIIC % Calculation

Panasonic Carbon India Co'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**
=( 122.8267484 (Mar. 2026) - 74.0042457 (Mar. 2023) )/( 384.83 (Mar. 2026) - 575.653 (Mar. 2023) )
=48.8225027/-190.823
=-25.59%***

* 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.

Frequently Asked Questions Learn more about 3-Year ROIIC % →
What does a 3-Year ROIIC % of -25.59 mean?
Panasonic Carbon India Co (BOM:508941) has a 3-Year ROIIC % of -25.59 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 Panasonic Carbon India Co and its competitors. According to the industry distribution chart, Panasonic Carbon India Co ranks #1851 out of 2370 companies in the Hardware industry, placing it in the top 78.1%.
Is Panasonic Carbon India Co's 3-Year ROIIC % too high?
Panasonic Carbon India Co's current 3-Year ROIIC % is -25.59. Based on the distribution chart, Panasonic Carbon India Co ranks #1851 out of 2370 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Panasonic Carbon India Co has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Panasonic Carbon India Co's 3-Year ROIIC % compare to APH and GLW?
According to the Hardware industry distribution chart, Panasonic Carbon India Co ranks #1851 out of 2370 companies for 3-Year ROIIC %. This places Panasonic Carbon India Co in the lower half of its industry. The industry median 3-Year ROIIC % is 2.38. 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 Hardware company?
The median 3-Year ROIIC % among Hardware companies is 2.38, based on 2,370 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. 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 Panasonic Carbon India Co and its competitors. For the Hardware industry, the median 3-Year ROIIC % is 2.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Panasonic Carbon India Co's current 3-Year ROIIC % is -25.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Panasonic Carbon India Co stock overvalued right now?
Based on GuruFocus' analysis, Panasonic Carbon India Co (BOM:508941) is currently considered Fairly Valued. The stock's GF Value™ is ₹511.65, compared to a current price of ₹466.60 — trading 8.8% below its estimated fair value. The current 3-Year ROIIC % is -25.59. Panasonic Carbon India Co's overall GF Score™ is 71/100 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 Panasonic Carbon India Co (BOM:508941), the current 3-Year ROIIC % is -25.59 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 Panasonic Carbon India Co (BOM:508941) Overvalued in 2026?

Based on GuruFocus' analysis, Panasonic Carbon India Co stock appears to be undervalued. The current stock price of ₹466.60 is trading 8.8% below its estimated GF Value™ of ₹511.65. GuruFocus considers Panasonic Carbon India Co to be Fairly Valued.

Key valuation signals for BOM:508941:

  • 3-Year ROIIC %: -25.59
  • GF Value™: ₹511.65 vs. price of ₹466.60 (8.8% below fair value)
  • GF Score™: 71/100 with 1 warning sign

No single metric tells the full story. See the BOM:508941 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Panasonic Carbon India Co Business Description

Address Nungambakkam High Road, Pottipati Plaza, 77 (Old. No.35), Third Floor, Nungambakkam, Chennai, TN, IND, 600034
Panasonic Carbon India Co Ltd is engaged in the manufacture of carbon rods/carbon electrodes, which are used as a key component in dry cell batteries, catering to both domestic and export markets, including supplies to Panasonic group companies. Its product is carbon rods. The Company operates a manufacturing facility in Nellore District, Andhra Pradesh, and supplies its products to battery manufacturers in India as well as to overseas customers. Geographically, the Company operates in India and the rest of the world, with India generating maximum revenue.
71GF Score

Get the complete analysis for BOM:508941

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

₹466.60
Price
₹511.65
GF Value