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Munjal Auto IndustriesBOM:520059 +0.45%72 3-Year ROIIC % is 81.68 as of Mar. 2026, which is 2605% above its 10-year median of 3.02. GuruFocus rates BOM:520059 with a GF Score™ of 72/100 and a GF Value™ of ₹109.64 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,254 Vehicles & Parts companies, Munjal Auto Industries ranks better than 91.55% 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.
Munjal Auto Industries's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 81.68%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Munjal Auto Industries's 3-Year ROIIC % or its related term are showing as below:
BOM:520059's 3-Year ROIIC % is ranked better than 91.55% of 1254
companies
in the Vehicles & Parts industry
Industry Median: 4.325
vs BOM:520059: 81.68
Munjal Auto Industries (BOM:520059) 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.
Munjal Auto Industries 3-Year ROIIC % Related Terms
Munjal Auto Industries 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Munjal Auto Industries'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:520059 vs ORLY, AZO: 3-Year ROIIC % Comparison
For the Auto Parts subindustry, Munjal Auto Industries'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.
Munjal Auto Industries 3-Year ROIIC % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Munjal Auto Industries's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Munjal Auto Industries'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.
Munjal Auto Industries (BOM:520059) has a 3-Year ROIIC % of 81.68 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 Munjal Auto Industries and its competitors. This is 2605% above median its historical median of 3.02. According to the industry distribution chart, Munjal Auto Industries ranks #106 out of 1254 companies in the Vehicles & Parts industry, placing it in the top 8.5%.
Is Munjal Auto Industries' 3-Year ROIIC % too high?
Munjal Auto Industries' current 3-Year ROIIC % of 81.68 is 2605% above median its 10-year median of 3.02. The Vehicles & Parts industry median 3-Year ROIIC % is 4.33. Munjal Auto Industries' value of 81.68 is 1788.6% above this industry median. Based on the distribution chart, Munjal Auto Industries ranks #106 out of 1254 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Munjal Auto Industries has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Munjal Auto Industries' 3-Year ROIIC % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Munjal Auto Industries ranks #106 out of 1254 companies for 3-Year ROIIC %. This places Munjal Auto Industries in the top 9% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 4.33. Munjal Auto Industries' value of 81.68 is 1788.6% above this benchmark. While the company's 10-year median is 3.02 vs. the industry median of 4.33, Munjal Auto Industries has consistently been above the industry average. 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 Vehicles & Parts company?
The median 3-Year ROIIC % among Vehicles & Parts companies is 4.33, based on 1,254 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. Munjal Auto Industries's current 3-Year ROIIC % of 81.68 is 1788.6% above the industry median. 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 Munjal Auto Industries and its competitors. For the Vehicles & Parts industry, the median 3-Year ROIIC % is 4.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Munjal Auto Industries's current 3-Year ROIIC % is 81.68, which is 2605% above median its own 10-year median of 3.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Munjal Auto Industries stock overvalued right now?
Based on GuruFocus' analysis, Munjal Auto Industries (BOM:520059) is currently considered Fairly Valued. The stock's GF Value™ is ₹109.64, compared to a current price of ₹112.30 — trading 2.4% above its estimated fair value. The current 3-Year ROIIC % is 81.68, which is 2605% above median its 10-year median of 3.02 and 1788.6% above the Vehicles & Parts industry median of 4.33. Munjal Auto Industries' overall GF Score™ is 72/100 with 4 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 Munjal Auto Industries (BOM:520059), the current 3-Year ROIIC % is 81.68 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 Munjal Auto Industries (BOM:520059) Overvalued in 2026?
Based on GuruFocus' analysis, Munjal Auto Industries stock appears to be overvalued.
The current stock price of ₹112.30 is trading 2.4% above its estimated GF Value™ of ₹109.64.
GuruFocus considers Munjal Auto Industries to be Fairly Valued.
Key valuation signals for BOM:520059:
3-Year ROIIC %: 81.68 (2605% above median its 10-year median of 3.02)
GF Value™: ₹109.64 vs. price of ₹112.30 (2.4% above fair value)
Industry Position: 1788.6% above the Vehicles & Parts median (#106 of 1254)
No single metric tells the full story. See the BOM:520059 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Munjal Auto Industries Ltd is an India-based company. It offers an exhaust system or mufflers for two-wheelers. The company is engaged in the manufacture of wheels, rims, fuel tanks, and other components for auto industries. Its product range for 2-3 wheelers includes Steel Wheel Rim and Spoke Wheel Rim. Its product range for four-wheelers includes fuel tank assembly, seat structure system, side step assembly, and other products. Some of the company's facilities offered by the company include an engineering and tool room, which includes a central tool room and technical center, a tool design center and tool manufacturing, and a fuel tank manufacturing line. Its operations fall under a single segment namely Manufacturing of Auto Components. The company generates majority revenue from India.
72GF Score
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