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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.
Rajasthan Tube Manufacturing Co's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 5.82%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Rajasthan Tube Manufacturing Co (BOM:530253) 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.
Rajasthan Tube Manufacturing Co 3-Year ROIIC % Related Terms
Rajasthan Tube Manufacturing Co 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.
Rajasthan Tube Manufacturing Co 3-Year ROIIC % Chart
BOM:530253 vs NUE, STLD, RS: 3-Year ROIIC % Comparison
For the Steel subindustry, Rajasthan Tube Manufacturing Co'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.
Rajasthan Tube Manufacturing Co 3-Year ROIIC % vs Steel Industry
For the Steel industry and Basic Materials sector, Rajasthan Tube Manufacturing Co's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Rajasthan Tube Manufacturing Co'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.
Rajasthan Tube Manufacturing Co (BOM:530253) has a 3-Year ROIIC % of 5.82 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 Rajasthan Tube Manufacturing Co and its competitors. This is 15% below median its historical median of 6.85. According to the industry distribution chart, Rajasthan Tube Manufacturing Co ranks #227 out of 600 companies in the Steel industry, placing it in the top 37.8%.
Is Rajasthan Tube Manufacturing Co's 3-Year ROIIC % too high?
Rajasthan Tube Manufacturing Co's current 3-Year ROIIC % of 5.82 is 15% below median its 10-year median of 6.85. Based on the distribution chart, Rajasthan Tube Manufacturing Co ranks #227 out of 600 companies in the Steel industry, which is above the industry midpoint. Overall, Rajasthan Tube Manufacturing Co has a GF Score™ of 34/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Rajasthan Tube Manufacturing Co's 3-Year ROIIC % compare to NUE and STLD?
According to the Steel industry distribution chart, Rajasthan Tube Manufacturing Co ranks #227 out of 600 companies for 3-Year ROIIC %. This puts Rajasthan Tube Manufacturing Co in the upper 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 Rajasthan Tube Manufacturing Co and its competitors. Rajasthan Tube Manufacturing Co's current 3-Year ROIIC % is 5.82, which is 15% below median its own 10-year median of 6.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rajasthan Tube Manufacturing Co stock overvalued right now?
Based on GuruFocus' analysis, Rajasthan Tube Manufacturing Co (BOM:530253) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹0.56, compared to a current price of ₹10.19 — trading 1719.6% above its estimated fair value. The current 3-Year ROIIC % is 5.82, which is 15% below median its 10-year median of 6.85. Rajasthan Tube Manufacturing Co's overall GF Score™ is 34/100 with 3 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 Rajasthan Tube Manufacturing Co (BOM:530253), the current 3-Year ROIIC % is 5.82 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 Rajasthan Tube Manufacturing Co (BOM:530253) Overvalued in 2026?
Based on GuruFocus' analysis, Rajasthan Tube Manufacturing Co stock appears to be overvalued.
The current stock price of ₹10.19 is trading 1719.6% above its estimated GF Value™ of ₹0.56.
GuruFocus considers Rajasthan Tube Manufacturing Co to be Significantly Overvalued.
Key valuation signals for BOM:530253:
3-Year ROIIC %: 5.82 (15% below median its 10-year median of 6.85)
GF Value™: ₹0.56 vs. price of ₹10.19 (1719.6% above fair value)
No single metric tells the full story. See the BOM:530253 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Rajasthan Tube Manufacturing Co Ltd manufactures and trades in steel tubes, pipes, and sheets in India. It offers Electric Resistance Welding (ERW) steel black pipes, ERW steel galvanized pipes, and hot rolled steel sheets. Its steel black and galvanized steel pipes/tubes are used in various applications, such as water pipelines, water mains, sewerage systems, industrial water lines, crude oil piping, and cross-country pipelines. Its hot rolled steel sheets are used in making tubular products, including hot rolled coils, pipes, LPG cylinders, shuttering plates, and off late in the construction sector; as component in the making of pressure vessels, in buildings, and hull and steel structures, as well as in boiler usage; and making critical safety parts and automobile suspension.
34GF Score
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