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Advance Metering TechnologyBOM:534612 +6.05%57 3-Year ROIIC % is 58.52 as of Mar. 2026, which is 746% above its 10-year median of 6.92. GuruFocus rates BOM:534612 with a GF Score™ of 57/100 and a GF Value™ of ₹23.04 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 2,925 Industrial Products companies, Advance Metering Technology ranks better than 89.03% 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.
Advance Metering Technology's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 58.52%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Advance Metering Technology's 3-Year ROIIC % or its related term are showing as below:
BOM:534612's 3-Year ROIIC % is ranked better than 89.03% of 2925
companies
in the Industrial Products industry
Industry Median: 3.45
vs BOM:534612: 58.52
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.
Advance Metering Technology 3-Year ROIIC % Related Terms
Advance Metering Technology 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.
For the Electrical Equipment & Parts subindustry, Advance Metering Technology'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.
Advance Metering Technology 3-Year ROIIC % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Advance Metering Technology's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Advance Metering Technology'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.
Advance Metering Technology (BOM:534612) has a 3-Year ROIIC % of 58.52 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 Advance Metering Technology and its competitors. This is 746% above median its historical median of 6.92. According to the industry distribution chart, Advance Metering Technology ranks #321 out of 2925 companies in the Industrial Products industry, placing it in the top 11%.
Is Advance Metering Technology's 3-Year ROIIC % too high?
Advance Metering Technology's current 3-Year ROIIC % of 58.52 is 746% above median its 10-year median of 6.92. The Industrial Products industry median 3-Year ROIIC % is 3.45. Advance Metering Technology's value of 58.52 is 1596.2% above this industry median. Based on the distribution chart, Advance Metering Technology ranks #321 out of 2925 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Advance Metering Technology has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Advance Metering Technology's 3-Year ROIIC % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Advance Metering Technology ranks #321 out of 2925 companies for 3-Year ROIIC %. This places Advance Metering Technology in the top 11% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 3.45. Advance Metering Technology's value of 58.52 is 1596.2% above this benchmark. While the company's 10-year median is 6.92 vs. the industry median of 3.45, Advance Metering Technology 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 an Industrial Products company?
The median 3-Year ROIIC % among Industrial Products companies is 3.45, based on 2,925 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. Advance Metering Technology's current 3-Year ROIIC % of 58.52 is 1596.2% 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 Advance Metering Technology and its competitors. For the Industrial Products industry, the median 3-Year ROIIC % is 3.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Advance Metering Technology's current 3-Year ROIIC % is 58.52, which is 746% above median its own 10-year median of 6.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Advance Metering Technology stock overvalued right now?
Based on GuruFocus' analysis, Advance Metering Technology (BOM:534612) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹23.04, compared to a current price of ₹19.62 — trading 14.8% below its estimated fair value. The current 3-Year ROIIC % is 58.52, which is 746% above median its 10-year median of 6.92 and 1596.2% above the Industrial Products industry median of 3.45. Advance Metering Technology's overall GF Score™ is 57/100 with 5 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 Advance Metering Technology (BOM:534612), the current 3-Year ROIIC % is 58.52 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 Advance Metering Technology (BOM:534612) Overvalued in 2026?
Based on GuruFocus' analysis, Advance Metering Technology stock appears to be undervalued.
The current stock price of ₹19.62 is trading 14.8% below its estimated GF Value™ of ₹23.04.
GuruFocus considers Advance Metering Technology to be Modestly Undervalued.
Key valuation signals for BOM:534612:
3-Year ROIIC %: 58.52 (746% above median its 10-year median of 6.92)
GF Value™: ₹23.04 vs. price of ₹19.62 (14.8% below fair value)
Industry Position: 1596.2% above the Industrial Products median (#321 of 2925)
No single metric tells the full story. See the BOM:534612 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Advance Metering Technology Ltd is engaged in manufacturing and selling energy meters and providing related technical services. It also generates renewable power through windmills and other sources. The company operates in two segments: Renewable Power Generation, which sells electricity generated from wind, and Energy Meters & Others, which includes energy meter sales, rental income, installation services, estate management, and EPC work. Key business areas include meters, smart meters, molding & plastic, contract manufacturing/OEM, CT & LTCT sensors, EMS services, and power generation. The majority of its revenue comes from the Energy Meters & Others segment.
57GF Score
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