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VSF ProjectsBOM:519331 -0.11%21 3-Year ROIIC % is -0.76 as of Mar. 2026. GuruFocus rates BOM:519331 with a GF Score™ of 21/100. The stock has 1 warning sign investors should review. Among 1,684 Construction companies, VSF Projects ranks worse than 62.17% 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.
VSF Projects's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was -0.76%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for VSF Projects's 3-Year ROIIC % or its related term are showing as below:
BOM:519331's 3-Year ROIIC % is ranked worse than 62.17% of 1684
companies
in the Construction industry
Industry Median: 4.615
vs BOM:519331: -0.76
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.
VSF Projects 3-Year ROIIC % Related Terms
VSF Projects 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for VSF Projects'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:519331 vs PWR, FIX, EME: 3-Year ROIIC % Comparison
For the Engineering & Construction subindustry, VSF Projects'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.
VSF Projects 3-Year ROIIC % vs Construction Industry
For the Construction industry and Industrials sector, VSF Projects's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where VSF Projects's 3-Year ROIIC % falls into.
VSF Projects'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**
=
( -8.702 (Mar. 2026) - 0.158343 (Mar. 2023) )
/
( 1825.875 (Mar. 2026) - 656.954 (Mar. 2023) )
=
-8.860343
/
1168.921
=
-0.76%***
* 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.
VSF Projects (BOM:519331) has a 3-Year ROIIC % of -0.76 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 VSF Projects and its competitors. According to the industry distribution chart, VSF Projects ranks #1047 out of 1684 companies in the Construction industry, placing it in the top 62.2%.
Is VSF Projects' 3-Year ROIIC % too high?
VSF Projects' current 3-Year ROIIC % is -0.76. Based on the distribution chart, VSF Projects ranks #1047 out of 1684 companies in the Construction industry, which is below the industry midpoint. Overall, VSF Projects has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does VSF Projects' 3-Year ROIIC % compare to PWR and FIX?
According to the Construction industry distribution chart, VSF Projects ranks #1047 out of 1684 companies for 3-Year ROIIC %. This places VSF Projects in the lower half of its industry. The industry median 3-Year ROIIC % is 4.62. 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 Construction company?
The median 3-Year ROIIC % among Construction companies is 4.62, based on 1,684 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 VSF Projects and its competitors. For the Construction industry, the median 3-Year ROIIC % is 4.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VSF Projects's current 3-Year ROIIC % is -0.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VSF Projects stock overvalued right now?
VSF Projects (BOM:519331) has a current 3-Year ROIIC % of -0.76. The current 3-Year ROIIC % is -0.76. VSF Projects' overall GF Score™ is 21/100 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 VSF Projects (BOM:519331), the current 3-Year ROIIC % is -0.76 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.
VSF Projects Ltd operates as an integrated construction, infrastructure development, and execution company in India. It operates through one segment: Construction and Infrastructure development and aquaculture. The company offers engineering and construction services for various projects, including thermal, solar, irrigation, water supply, and industrial projects, as well as roads and bridges.
21GF Score
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