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Suraj ProductsBOM:518075 -1.98%74 3-Year ROIIC % is 44.91 as of Mar. 2026, which is 179% above its 10-year median of 16.08. GuruFocus rates BOM:518075 with a GF Score™ of 74/100 and a GF Value™ of ₹352.13 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 600 Steel companies, Suraj Products ranks better than 85.5% 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.
Suraj Products's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 44.91%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Suraj Products's 3-Year ROIIC % or its related term are showing as below:
BOM:518075's 3-Year ROIIC % is ranked better than 85.5% of 600
companies
in the Steel industry
Industry Median: -0.22
vs BOM:518075: 44.91
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.
Suraj Products 3-Year ROIIC % Related Terms
Suraj Products 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Suraj Products'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:518075 vs NUE, STLD, RS: 3-Year ROIIC % Comparison
For the Steel subindustry, Suraj Products'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.
Suraj Products 3-Year ROIIC % vs Steel Industry
For the Steel industry and Basic Materials sector, Suraj Products's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Suraj Products's 3-Year ROIIC % falls into.
* 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.
Suraj Products (BOM:518075) has a 3-Year ROIIC % of 44.91 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 Suraj Products and its competitors. This is 179% above median its historical median of 16.08. According to the industry distribution chart, Suraj Products ranks #87 out of 600 companies in the Steel industry, placing it in the top 14.5%.
Is Suraj Products' 3-Year ROIIC % too high?
Suraj Products' current 3-Year ROIIC % of 44.91 is 179% above median its 10-year median of 16.08. Based on the distribution chart, Suraj Products ranks #87 out of 600 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Suraj Products has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Suraj Products' 3-Year ROIIC % compare to NUE and STLD?
According to the Steel industry distribution chart, Suraj Products ranks #87 out of 600 companies for 3-Year ROIIC %. This places Suraj Products in the top 15% of its industry — outperforming the majority of peers. 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 Suraj Products and its competitors. Suraj Products's current 3-Year ROIIC % is 44.91, which is 179% above median its own 10-year median of 16.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Suraj Products stock overvalued right now?
Based on GuruFocus' analysis, Suraj Products (BOM:518075) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹352.13, compared to a current price of ₹262.00 — trading 25.6% below its estimated fair value. The current 3-Year ROIIC % is 44.91, which is 179% above median its 10-year median of 16.08. Suraj Products' overall GF Score™ is 74/100 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 Suraj Products (BOM:518075), the current 3-Year ROIIC % is 44.91 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 Suraj Products (BOM:518075) Overvalued in 2026?
Based on GuruFocus' analysis, Suraj Products stock appears to be undervalued.
The current stock price of ₹262.00 is trading 25.6% below its estimated GF Value™ of ₹352.13.
GuruFocus considers Suraj Products to be Modestly Undervalued.
Key valuation signals for BOM:518075:
3-Year ROIIC %: 44.91 (179% above median its 10-year median of 16.08)
GF Value™: ₹352.13 vs. price of ₹262.00 (25.6% below fair value)
No single metric tells the full story. See the BOM:518075 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Suraj Products Ltd is in production of Sponge Iron. The company has a single business segment finished products from Iron Ore. The company has products namely TMT Bar, Pig Iron, Sponge Iron, MS Ingot, and others.
74GF Score
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