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Sharp IndiaBOM:523449 22 3-Year ROIIC % is 1.46 as of Mar. 2026, which is 56% below its 10-year median of 3.31. GuruFocus rates BOM:523449 with a GF Score™ of 22/100. The stock has 4 warning signs investors should review. Among 2,369 Hardware companies, Sharp India ranks worse than 51.84% 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.
Sharp India's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 1.46%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Sharp India's 3-Year ROIIC % or its related term are showing as below:
BOM:523449's 3-Year ROIIC % is ranked worse than 51.84% of 2369
companies
in the Hardware industry
Industry Median: 2.39
vs BOM:523449: 1.46
Sharp India (BOM:523449) 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.
Sharp India 3-Year ROIIC % Related Terms
Sharp India 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Sharp India'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.
For the Consumer Electronics subindustry, Sharp India'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.
Sharp India 3-Year ROIIC % vs Hardware Industry
For the Hardware industry and Technology sector, Sharp India's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Sharp India's 3-Year ROIIC % falls into.
Sharp India'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**
=
( -81.218 (Mar. 2026) - -89.977 (Mar. 2023) )
/
( 1452.015 (Mar. 2026) - 853.161 (Mar. 2023) )
=
8.759
/
598.854
=
1.46%***
* 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.
Sharp India (BOM:523449) has a 3-Year ROIIC % of 1.46 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 Sharp India and its competitors. This is 56% below median its historical median of 3.31. According to the industry distribution chart, Sharp India ranks #1228 out of 2369 companies in the Hardware industry, placing it in the top 51.8%.
Is Sharp India's 3-Year ROIIC % too high?
Sharp India's current 3-Year ROIIC % of 1.46 is 56% below median its 10-year median of 3.31. The Hardware industry median 3-Year ROIIC % is 2.39. Sharp India's value of 1.46 is 38.9% below this industry median. Based on the distribution chart, Sharp India ranks #1228 out of 2369 companies in the Hardware industry, which is below the industry midpoint. Overall, Sharp India has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Sharp India's 3-Year ROIIC % compare to AAPL?
According to the Hardware industry distribution chart, Sharp India ranks #1228 out of 2369 companies for 3-Year ROIIC %. This places Sharp India in the lower half of its industry. The industry median 3-Year ROIIC % is 2.39. Sharp India's value of 1.46 is 38.9% below this benchmark. While the company's 10-year median is 3.31 vs. the industry median of 2.39, Sharp India has consistently been below 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 Hardware company?
The median 3-Year ROIIC % among Hardware companies is 2.39, based on 2,369 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. Sharp India's current 3-Year ROIIC % of 1.46 is 38.9% below 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 Sharp India and its competitors. For the Hardware industry, the median 3-Year ROIIC % is 2.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sharp India's current 3-Year ROIIC % is 1.46, which is 56% below median its own 10-year median of 3.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sharp India stock overvalued right now?
Sharp India (BOM:523449) has a current 3-Year ROIIC % of 1.46. The current 3-Year ROIIC % is 1.46, which is 56% below median its 10-year median of 3.31 and 38.9% below the Hardware industry median of 2.39. Sharp India's overall GF Score™ is 22/100 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 Sharp India (BOM:523449), the current 3-Year ROIIC % is 1.46 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.
Sharp India Ltd is engaged in the business of consumer electronics. It is principally engaged in the manufacture and sale of light-emitting diode televisions (LED TVs) and air-conditioners (ACs). The company also provides feasibility study services to group companies in India.
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