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Arman HoldingsBOM:538556 -1.04%66 3-Year ROIIC % is 172.87 as of Mar. 2026, which is 10841% above its 10-year median of 1.58. GuruFocus rates BOM:538556 with a GF Score™ of 66/100 and a GF Value™ of ₹475.05 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 2,297 Metals & Mining companies, Arman Holdings ranks better than 91.12% 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.
Arman Holdings's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 172.87%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Arman Holdings's 3-Year ROIIC % or its related term are showing as below:
BOM:538556's 3-Year ROIIC % is ranked better than 91.12% of 2297
companies
in the Metals & Mining industry
Industry Median: -2.59
vs BOM:538556: 172.87
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.
Arman Holdings 3-Year ROIIC % Related Terms
Arman Holdings 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Arman Holdings'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 Other Precious Metals & Mining subindustry, Arman Holdings'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.
Arman Holdings 3-Year ROIIC % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Arman Holdings's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Arman Holdings's 3-Year ROIIC % falls into.
Arman Holdings'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**
=
( 9.508967 (Mar. 2026) - 0.210504 (Mar. 2023) )
/
( 64.555 (Mar. 2026) - 59.176 (Mar. 2023) )
=
9.298463
/
5.379
=
172.87%***
* 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.
Arman Holdings (BOM:538556) has a 3-Year ROIIC % of 172.87 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 Arman Holdings and its competitors. This is 10841% above median its historical median of 1.58. According to the industry distribution chart, Arman Holdings ranks #204 out of 2297 companies in the Metals & Mining industry, placing it in the top 8.9%.
Is Arman Holdings' 3-Year ROIIC % too high?
Arman Holdings' current 3-Year ROIIC % of 172.87 is 10841% above median its 10-year median of 1.58. Based on the distribution chart, Arman Holdings ranks #204 out of 2297 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Arman Holdings has a GF Score™ of 66/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Arman Holdings' 3-Year ROIIC % compare to HL?
According to the Metals & Mining industry distribution chart, Arman Holdings ranks #204 out of 2297 companies for 3-Year ROIIC %. This places Arman Holdings in the top 9% of its industry — outperforming the majority of peers. 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 Metals & Mining company?
A good 3-Year ROIIC % depends on the Metals & Mining 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 Arman Holdings and its competitors. Arman Holdings's current 3-Year ROIIC % is 172.87, which is 10841% above median its own 10-year median of 1.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arman Holdings stock overvalued right now?
Based on GuruFocus' analysis, Arman Holdings (BOM:538556) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹475.05, compared to a current price of ₹113.65 — trading 76.1% below its estimated fair value. The current 3-Year ROIIC % is 172.87, which is 10841% above median its 10-year median of 1.58. Arman Holdings' overall GF Score™ is 66/100 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 Arman Holdings (BOM:538556), the current 3-Year ROIIC % is 172.87 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 Arman Holdings (BOM:538556) Overvalued in 2026?
Based on GuruFocus' analysis, Arman Holdings stock appears to be undervalued.
The current stock price of ₹113.65 is trading 76.1% below its estimated GF Value™ of ₹475.05.
GuruFocus considers Arman Holdings to be Significantly Undervalued.
Key valuation signals for BOM:538556:
3-Year ROIIC %: 172.87 (10841% above median its 10-year median of 1.58)
GF Value™: ₹475.05 vs. price of ₹113.65 (76.1% below fair value)
No single metric tells the full story. See the BOM:538556 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Arman Holdings Ltd is an India-based company involved in carrying and undertaking the business of trading, exporting, importing, wholesaling, exhibiting, buying, and selling and otherwise dealing in chemicals, textiles, paper, oil, cement, plastic, automobile, Jute, tea, sugar, gold, diamonds, precious stones, and others. Its segments are Textiles Products; Plastic Products; and Precious Metal & Stones. The product profile in the textile business includes grey fabrics, knitted fabrics, fancy fabrics, cotton fabrics, polyester fabrics, and linen fabrics. A vast majority of the revenue comes from the Precious Metal and Stones segment.
66GF Score
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