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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.
Jayaswal NECO Industries's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was -11.33%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Jayaswal NECO Industries's 3-Year ROIIC % or its related term are showing as below:
BOM:522285's 3-Year ROIIC % is ranked worse than 68.26% of 605
companies
in the Steel industry
Industry Median: -0.23
vs BOM:522285: -11.33
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.
Jayaswal NECO Industries 3-Year ROIIC % Related Terms
Jayaswal NECO Industries 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:522285 vs NUE, STLD, RS: 3-Year ROIIC % Comparison
For the Steel subindustry, Jayaswal NECO 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.
Jayaswal NECO Industries 3-Year ROIIC % vs Steel Industry
For the Steel industry and Basic Materials sector, Jayaswal NECO Industries's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Jayaswal NECO Industries's 3-Year ROIIC % falls into.
Jayaswal NECO Industries'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**
=
( 7877.97492 (Mar. 2026) - 5546.798 (Mar. 2023) )
/
( 52732.2 (Mar. 2026) - 73308.226 (Mar. 2023) )
=
2331.17692
/
-20576.026
=
-11.33%***
* 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.
Jayaswal NECO Industries (BOM:522285) has a 3-Year ROIIC % of -11.33 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 Jayaswal NECO Industries and its competitors. According to the industry distribution chart, Jayaswal NECO Industries ranks #413 out of 605 companies in the Steel industry, placing it in the top 68.3%.
Is Jayaswal NECO Industries' 3-Year ROIIC % too high?
Jayaswal NECO Industries' current 3-Year ROIIC % is -11.33. Based on the distribution chart, Jayaswal NECO Industries ranks #413 out of 605 companies in the Steel industry, which is below the industry midpoint. Overall, Jayaswal NECO Industries has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jayaswal NECO Industries' 3-Year ROIIC % compare to NUE and STLD?
According to the Steel industry distribution chart, Jayaswal NECO Industries ranks #413 out of 605 companies for 3-Year ROIIC %. This places Jayaswal NECO Industries in the lower half of its industry. 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 Jayaswal NECO Industries and its competitors. Jayaswal NECO Industries's current 3-Year ROIIC % is -11.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jayaswal NECO Industries stock overvalued right now?
Based on GuruFocus' analysis, Jayaswal NECO Industries (BOM:522285) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹61.23, compared to a current price of ₹85.51 — trading 39.7% above its estimated fair value. The current 3-Year ROIIC % is -11.33. Jayaswal NECO Industries' overall GF Score™ is 61/100 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 Jayaswal NECO Industries (BOM:522285), the current 3-Year ROIIC % is -11.33 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 Jayaswal NECO Industries (BOM:522285) Overvalued in 2026?
Based on GuruFocus' analysis, Jayaswal NECO Industries stock appears to be overvalued.
The current stock price of ₹85.51 is trading 39.7% above its estimated GF Value™ of ₹61.23.
GuruFocus considers Jayaswal NECO Industries to be Significantly Overvalued.
Key valuation signals for BOM:522285:
3-Year ROIIC %: -11.33
GF Value™: ₹61.23 vs. price of ₹85.51 (39.7% above fair value)
No single metric tells the full story. See the BOM:522285 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jayaswal NECO Industries Ltd is engaged in the manufacture and supply of pig iron, sponge iron, pellet, steel, and Iron and steel casting. It specializes in the manufacture and supply of graded steels made in the form of billets, blooms and slabs from virgin metal. The company supplies steel in cast, rolled, wire, annealed, and bright bar forms catering to the demands of various engineering, industrial, construction, automotive, power, and railway industries. Its product-wise operating segments are Steel which derives key revenue, Iron and Steel Castings, and Others. Geographically, the company caters to both Indian and international markets of which, a majority of its revenue is generated from its business in India.
61GF Score
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