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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.
Millennium Online Solutions (India)'s 3-Year ROIIC % for the quarter that ended in Mar. 2026 was -41.05%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
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.
Millennium Online Solutions (India) 3-Year ROIIC % Related Terms
Millennium Online Solutions (India) 3-Year ROIIC % Historical Data
* 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:511187 vs SNX, ARW, AVT: 3-Year ROIIC % Comparison
For the Electronics & Computer Distribution subindustry, Millennium Online Solutions (India)'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.
Millennium Online Solutions (India) 3-Year ROIIC % vs Hardware Industry
For the Hardware industry and Technology sector, Millennium Online Solutions (India)'s 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Millennium Online Solutions (India)'s 3-Year ROIIC % falls into.
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( 0.0736848 (Mar. 2026) - -4.208568 (Mar. 2023) )
/
( 49.996 (Mar. 2026) - 60.429 (Mar. 2023) )
=
4.2822528
/
-10.433
=
-41.05%***
* 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.
Millennium Online Solutions (India) (BOM:511187) has a 3-Year ROIIC % of -41.05 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 Millennium Online Solutions (India) and its competitors. According to the industry distribution chart, Millennium Online Solutions (India) ranks #1984 out of 2370 companies in the Hardware industry, placing it in the top 83.7%.
Is Millennium Online Solutions (India)'s 3-Year ROIIC % too high?
Millennium Online Solutions (India)'s current 3-Year ROIIC % is -41.05. Based on the distribution chart, Millennium Online Solutions (India) ranks #1984 out of 2370 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Millennium Online Solutions (India) has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Millennium Online Solutions (India)'s 3-Year ROIIC % compare to SNX and ARW?
According to the Hardware industry distribution chart, Millennium Online Solutions (India) ranks #1984 out of 2370 companies for 3-Year ROIIC %. This places Millennium Online Solutions (India) in the lower half of its industry. The industry median 3-Year ROIIC % is 2.35. 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 2.35, 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 Millennium Online Solutions (India) and its competitors. For the Hardware industry, the median 3-Year ROIIC % is 2.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Millennium Online Solutions (India)'s current 3-Year ROIIC % is -41.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Millennium Online Solutions (India) stock overvalued right now?
Based on GuruFocus' analysis, Millennium Online Solutions (India) (BOM:511187) is currently considered Possible Value Trap. The stock's GF Value™ is ₹2.69, compared to a current price of ₹1.62 — trading 39.8% below its estimated fair value. The current 3-Year ROIIC % is -41.05. Millennium Online Solutions (India)'s overall GF Score™ is 61/100 with 2 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 Millennium Online Solutions (India) (BOM:511187), the current 3-Year ROIIC % is -41.05 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 Millennium Online Solutions (India) (BOM:511187) Overvalued in 2026?
Based on GuruFocus' analysis, Millennium Online Solutions (India) stock appears to be undervalued.
The current stock price of ₹1.62 is trading 39.8% below its estimated GF Value™ of ₹2.69.
GuruFocus considers Millennium Online Solutions (India) to be Possible Value Trap.
Key valuation signals for BOM:511187:
3-Year ROIIC %: -41.05
GF Value™: ₹2.69 vs. price of ₹1.62 (39.8% below fair value)
No single metric tells the full story. See the BOM:511187 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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