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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.
Shiva Texyarn's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was -56.60%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Shiva Texyarn's 3-Year ROIIC % or its related term are showing as below:
BOM:511108's 3-Year ROIIC % is ranked worse than 89.94% of 1014
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.525
vs BOM:511108: -56.60
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.
Shiva Texyarn 3-Year ROIIC % Related Terms
Shiva Texyarn 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Shiva Texyarn'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.
For the Textile Manufacturing subindustry, Shiva Texyarn'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.
Shiva Texyarn 3-Year ROIIC % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Shiva Texyarn's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Shiva Texyarn's 3-Year ROIIC % falls into.
Shiva Texyarn'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**
=
( 148.2852868 (Mar. 2026) - -47.226 (Mar. 2023) )
/
( 2467.647 (Mar. 2026) - 2813.07 (Mar. 2023) )
=
195.5112868
/
-345.423
=
-56.60%***
* 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.
Shiva Texyarn (BOM:511108) has a 3-Year ROIIC % of -56.60 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 Shiva Texyarn and its competitors. According to the industry distribution chart, Shiva Texyarn ranks #912 out of 1014 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 89.9%.
Is Shiva Texyarn's 3-Year ROIIC % too high?
Shiva Texyarn's current 3-Year ROIIC % is -56.60. Based on the distribution chart, Shiva Texyarn ranks #912 out of 1014 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Shiva Texyarn has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shiva Texyarn's 3-Year ROIIC % compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Shiva Texyarn ranks #912 out of 1014 companies for 3-Year ROIIC %. This places Shiva Texyarn in the lower half of its industry. The industry median 3-Year ROIIC % is 1.53. 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 Manufacturing - Apparel & Accessories company?
The median 3-Year ROIIC % among Manufacturing - Apparel & Accessories companies is 1.53, based on 1,014 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 Shiva Texyarn and its competitors. For the Manufacturing - Apparel & Accessories industry, the median 3-Year ROIIC % is 1.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shiva Texyarn's current 3-Year ROIIC % is -56.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shiva Texyarn stock overvalued right now?
Based on GuruFocus' analysis, Shiva Texyarn (BOM:511108) is currently considered Fairly Valued. The stock's GF Value™ is ₹176.12, compared to a current price of ₹162.50 — trading 7.7% below its estimated fair value. The current 3-Year ROIIC % is -56.60. Shiva Texyarn's overall GF Score™ is 63/100 with 3 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 Shiva Texyarn (BOM:511108), the current 3-Year ROIIC % is -56.60 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 Shiva Texyarn (BOM:511108) Overvalued in 2026?
Based on GuruFocus' analysis, Shiva Texyarn stock appears to be undervalued.
The current stock price of ₹162.50 is trading 7.7% below its estimated GF Value™ of ₹176.12.
GuruFocus considers Shiva Texyarn to be Fairly Valued.
Key valuation signals for BOM:511108:
3-Year ROIIC %: -56.60
GF Value™: ₹176.12 vs. price of ₹162.50 (7.7% below fair value)
No single metric tells the full story. See the BOM:511108 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shiva Texyarn Ltd is engaged in the manufacturing of yarn and technical textile products like coated and laminated fabrics, garments, and other value-added products. The company's products are marketed through brands like Quick Dry, Quick Fit, Q Club, Stylfin, Paw Paw, and Indishape. Geographically, it derives maximum revenue from India, and also exports its products to other markets.
63GF Score
Get the complete analysis for BOM:511108
3-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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