Alfa Ica (India) (BOM:530973) 3-Year ROIIC % : -4.10% (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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BOM:530973 Alfa Ica (India) Ltd BOM:530973
65 GF Score
Price ₹87.28
GF Value ₹101.62
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Alfa Ica (India) 3-Year ROIIC %?

Alfa Ica (India) BOM:530973 65 3-Year ROIIC % is -4.10 as of Mar. 2026. GuruFocus rates BOM:530973 with a GF Score™ of 65/100 and a GF Value™ of ₹101.62 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 410 Furnishings, Fixtures & Appliances companies, Alfa Ica (India) ranks worse than 60.49% 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. Alfa Ica (India)'s 3-Year ROIIC % for the quarter that ended in Mar. 2026 was -4.10%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Alfa Ica (India)'s 3-Year ROIIC % or its related term are showing as below:

BOM:530973's 3-Year ROIIC % is ranked worse than
60.49% of 410 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 2.3 vs BOM:530973: -4.10

Alfa Ica (India)  (BOM:530973) 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.


Alfa Ica (India) 3-Year ROIIC % Related Terms


Alfa Ica (India) 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Alfa Ica (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.

Alfa Ica (India) 3-Year ROIIC % Chart

Alfa Ica (India) Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.49 1.33 8.01 -4.37 -4.10

Alfa Ica (India) Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
3-Year ROIIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 -4.10 0.00

BOM:530973 vs SN, SGI, MHK: 3-Year ROIIC % Comparison

For the Furnishings, Fixtures & Appliances subindustry, Alfa Ica (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.


Alfa Ica (India) 3-Year ROIIC % vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Alfa Ica (India)'s 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Alfa Ica (India)'s 3-Year ROIIC % falls into.


BOM:530973
65GF Score
Alfa Ica (India) Ltd BOM:530973
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Alfa Ica (India) 3-Year ROIIC % Calculation

Alfa Ica (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**
=( 19.3407578 (Mar. 2026) - 22.674485 (Mar. 2023) )/( 440.1 (Mar. 2026) - 358.795 (Mar. 2023) )
=-3.3337272/81.305
=-4.10%***

* 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.

Frequently Asked Questions Learn more about 3-Year ROIIC % →
What does a 3-Year ROIIC % of -4.10 mean?
Alfa Ica (India) (BOM:530973) has a 3-Year ROIIC % of -4.10 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 Alfa Ica (India) and its competitors. According to the industry distribution chart, Alfa Ica (India) ranks #248 out of 410 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 60.5%.
Is Alfa Ica (India)'s 3-Year ROIIC % too high?
Alfa Ica (India)'s current 3-Year ROIIC % is -4.10. Based on the distribution chart, Alfa Ica (India) ranks #248 out of 410 companies in the Furnishings, Fixtures & Appliances industry, which is below the industry midpoint. Overall, Alfa Ica (India) has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Alfa Ica (India)'s 3-Year ROIIC % compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Alfa Ica (India) ranks #248 out of 410 companies for 3-Year ROIIC %. This places Alfa Ica (India) in the lower half of its industry. The industry median 3-Year ROIIC % is 2.30. 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 Furnishings, Fixtures & Appliances company?
The median 3-Year ROIIC % among Furnishings, Fixtures & Appliances companies is 2.30, based on 410 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. 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 Alfa Ica (India) and its competitors. For the Furnishings, Fixtures & Appliances industry, the median 3-Year ROIIC % is 2.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alfa Ica (India)'s current 3-Year ROIIC % is -4.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alfa Ica (India) stock overvalued right now?
Based on GuruFocus' analysis, Alfa Ica (India) (BOM:530973) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹101.62, compared to a current price of ₹87.28 — trading 14.1% below its estimated fair value. The current 3-Year ROIIC % is -4.10. Alfa Ica (India)'s overall GF Score™ is 65/100 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 Alfa Ica (India) (BOM:530973), the current 3-Year ROIIC % is -4.10 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 Alfa Ica (India) (BOM:530973) Overvalued in 2026?

Based on GuruFocus' analysis, Alfa Ica (India) stock appears to be undervalued. The current stock price of ₹87.28 is trading 14.1% below its estimated GF Value™ of ₹101.62. GuruFocus considers Alfa Ica (India) to be Modestly Undervalued.

Key valuation signals for BOM:530973:

  • 3-Year ROIIC %: -4.10
  • GF Value™: ₹101.62 vs. price of ₹87.28 (14.1% below fair value)
  • GF Score™: 65/100 with 2 warning signs

No single metric tells the full story. See the BOM:530973 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Alfa Ica (India) Business Description

Address Satellite Road, Alfa Pallazzo, Near Shivranjani Cross Road, Jodhpur Village, Ahmedabad, GJ, IND, 380015
Alfa Ica (India) Ltd is an India-based company engaged in the process of manufacturing High-Pressure Laminate Sheets and Compacts, which are available in different colors, designs, and textures. The Laminate sheets are used for various applications in areas including Furniture Covering, Wall Paneling, Partitions, Door Covering, and Shower Panels. It generates revenue from Decorative laminates. Geographically, it derives a majority of its revenue from its customers located outside India.
65GF Score

Get the complete analysis for BOM:530973

3-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹87.28
Price
₹101.62
GF Value