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The Hi-Tech GearsBOM:522073 72 3-Year ROIIC % is 20.12 as of Mar. 2026, which is 231% above its 10-year median of 6.08. GuruFocus rates BOM:522073 with a GF Score™ of 72/100 and a GF Value™ of ₹665.96 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,251 Vehicles & Parts companies, The Hi-Tech Gears ranks better than 72.82% 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.
The Hi-Tech Gears's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 20.12%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for The Hi-Tech Gears's 3-Year ROIIC % or its related term are showing as below:
BOM:522073's 3-Year ROIIC % is ranked better than 72.82% of 1251
companies
in the Vehicles & Parts industry
Industry Median: 4.24
vs BOM:522073: 20.12
The Hi-Tech Gears (BOM:522073) 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.
The Hi-Tech Gears 3-Year ROIIC % Related Terms
The Hi-Tech Gears 3-Year ROIIC % Historical Data
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The historical data trend for The Hi-Tech Gears'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:522073 vs ORLY, AZO: 3-Year ROIIC % Comparison
For the Auto Parts subindustry, The Hi-Tech Gears'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.
The Hi-Tech Gears 3-Year ROIIC % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, The Hi-Tech Gears's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where The Hi-Tech Gears'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.
The Hi-Tech Gears (BOM:522073) has a 3-Year ROIIC % of 20.12 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 The Hi-Tech Gears and its competitors. This is 231% above median its historical median of 6.08. According to the industry distribution chart, The Hi-Tech Gears ranks #340 out of 1251 companies in the Vehicles & Parts industry, placing it in the top 27.2%.
Is The Hi-Tech Gears' 3-Year ROIIC % too high?
The Hi-Tech Gears' current 3-Year ROIIC % of 20.12 is 231% above median its 10-year median of 6.08. The Vehicles & Parts industry median 3-Year ROIIC % is 4.24. The Hi-Tech Gears' value of 20.12 is 374.5% above this industry median. Based on the distribution chart, The Hi-Tech Gears ranks #340 out of 1251 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, The Hi-Tech Gears has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does The Hi-Tech Gears' 3-Year ROIIC % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, The Hi-Tech Gears ranks #340 out of 1251 companies for 3-Year ROIIC %. This puts The Hi-Tech Gears in the upper half of its industry. The industry median 3-Year ROIIC % is 4.24. The Hi-Tech Gears' value of 20.12 is 374.5% above this benchmark. While the company's 10-year median is 6.08 vs. the industry median of 4.24, The Hi-Tech Gears 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 4.24, based on 1,251 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. The Hi-Tech Gears's current 3-Year ROIIC % of 20.12 is 374.5% 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 The Hi-Tech Gears and its competitors. For the Vehicles & Parts industry, the median 3-Year ROIIC % is 4.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Hi-Tech Gears's current 3-Year ROIIC % is 20.12, which is 231% above median its own 10-year median of 6.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Hi-Tech Gears stock overvalued right now?
Based on GuruFocus' analysis, The Hi-Tech Gears (BOM:522073) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹665.96, compared to a current price of ₹541.00 — trading 18.8% below its estimated fair value. The current 3-Year ROIIC % is 20.12, which is 231% above median its 10-year median of 6.08 and 374.5% above the Vehicles & Parts industry median of 4.24. The Hi-Tech Gears' overall GF Score™ is 72/100 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 The Hi-Tech Gears (BOM:522073), the current 3-Year ROIIC % is 20.12 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 The Hi-Tech Gears (BOM:522073) Overvalued in 2026?
Based on GuruFocus' analysis, The Hi-Tech Gears stock appears to be undervalued.
The current stock price of ₹541.00 is trading 18.8% below its estimated GF Value™ of ₹665.96.
GuruFocus considers The Hi-Tech Gears to be Modestly Undervalued.
Key valuation signals for BOM:522073:
3-Year ROIIC %: 20.12 (231% above median its 10-year median of 6.08)
GF Value™: ₹665.96 vs. price of ₹541.00 (18.8% below fair value)
Industry Position: 374.5% above the Vehicles & Parts median (#340 of 1251)
No single metric tells the full story. See the BOM:522073 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
The Hi-Tech Gears Ltd is a manufacturer of auto components. The company is engaged in the business of gears and transmission components. It provides diverse parts and accessories for motor vehicles such as brakes, gearboxes, axles, road wheels, suspension shock absorbers, radiators, silencers, exhaust pipes, catalyzers, clutches, steering wheels, steering columns, and steering boxes. The company's product includes power takeoff, car transmission, and driveline components, precision forging or precision machining, and machined sintered components. Geographically, it derives a majority of revenue from India and also has its presence in America and Other countries.
72GF Score
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