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Waaree Renewable TechnologiesBOM:534618 +0.47%65 3-Year ROIIC % is 42.91 as of Mar. 2026, which is 10% above its 10-year median of 38.95. GuruFocus rates BOM:534618 with a GF Score™ of 65/100. The stock has 4 warning signs investors should review. Among 1,695 Construction companies, Waaree Renewable Technologies ranks better than 86.19% 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.
Waaree Renewable Technologies's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 42.91%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
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.
Waaree Renewable Technologies 3-Year ROIIC % Related Terms
Waaree Renewable Technologies 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:534618 vs PWR, FIX, EME: 3-Year ROIIC % Comparison
For the Engineering & Construction subindustry, Waaree Renewable Technologies'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.
Waaree Renewable Technologies 3-Year ROIIC % vs Construction Industry
For the Construction industry and Industrials sector, Waaree Renewable Technologies's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Waaree Renewable Technologies'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.
Waaree Renewable Technologies (BOM:534618) has a 3-Year ROIIC % of 42.91 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 Waaree Renewable Technologies and its competitors. This is 10% above median its historical median of 38.95. Over the past decade, Waaree Renewable Technologies' 3-Year ROIIC % has ranged from 2.79 to 160.33. According to the industry distribution chart, Waaree Renewable Technologies ranks #234 out of 1695 companies in the Construction industry, placing it in the top 13.8%.
Is Waaree Renewable Technologies' 3-Year ROIIC % too high?
Waaree Renewable Technologies' current 3-Year ROIIC % of 42.91 is 10% above median its 10-year median of 38.95. Over the past 10 years, this metric has ranged from a low of 2.79 to a high of 160.33. The Construction industry median 3-Year ROIIC % is 4.63. Waaree Renewable Technologies' value of 42.91 is 826.8% above this industry median. Based on the distribution chart, Waaree Renewable Technologies ranks #234 out of 1695 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Waaree Renewable Technologies has a GF Score™ of 65/100, reflecting its overall financial health beyond just this single metric.
How does Waaree Renewable Technologies' 3-Year ROIIC % compare to PWR and FIX?
According to the Construction industry distribution chart, Waaree Renewable Technologies ranks #234 out of 1695 companies for 3-Year ROIIC %. This places Waaree Renewable Technologies in the top 14% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 4.63. Waaree Renewable Technologies' value of 42.91 is 826.8% above this benchmark. Historically, Waaree Renewable Technologies' own 3-Year ROIIC % has ranged from 2.79 to 160.33 over the past decade. While the company's 10-year median is 38.95 vs. the industry median of 4.63, Waaree Renewable Technologies 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 a Construction company?
The median 3-Year ROIIC % among Construction companies is 4.63, based on 1,695 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. Waaree Renewable Technologies's current 3-Year ROIIC % of 42.91 is 826.8% 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 Waaree Renewable Technologies and its competitors. For the Construction industry, the median 3-Year ROIIC % is 4.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Waaree Renewable Technologies's current 3-Year ROIIC % is 42.91, which is 10% above median its own 10-year median of 38.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Waaree Renewable Technologies stock overvalued right now?
Waaree Renewable Technologies (BOM:534618) has a current 3-Year ROIIC % of 42.91. The current 3-Year ROIIC % is 42.91, which is 10% above median its 10-year median of 38.95 and 826.8% above the Construction industry median of 4.63. Waaree Renewable Technologies' overall GF Score™ is 65/100 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 Waaree Renewable Technologies (BOM:534618), the current 3-Year ROIIC % is 42.91 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.
Waaree Renewable Technologies Ltd is engaged in the business of generation of power and providing consultancy services. It offers sustainable partnerships by providing renewable energy solutions to industrial, institutional, and commercial sectors and improves their profitability through the long-term renewable power supply. It generates maximum revenue from the EPC Contracts. Its projects include Ground Mounted, Rooftop Solar and Floating Solar.
65GF Score
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