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SMT EngineeringBOM:538563 +4.55%43 3-Year ROIIC % is 12.41 as of Mar. 2026, which is 452% above its 10-year median of 2.25. GuruFocus rates BOM:538563 with a GF Score™ of 43/100. The stock has 2 warning signs investors should review. Among 660 Capital Markets companies, SMT Engineering ranks better than 68.94% 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.
SMT Engineering's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 12.41%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for SMT Engineering's 3-Year ROIIC % or its related term are showing as below:
BOM:538563's 3-Year ROIIC % is ranked better than 68.94% of 660
companies
in the Capital Markets industry
Industry Median: 2.315
vs BOM:538563: 12.41
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.
SMT Engineering 3-Year ROIIC % Related Terms
SMT Engineering 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for SMT Engineering'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.
BOM:538563 vs MS, GS, SCHW: 3-Year ROIIC % Comparison
For the Capital Markets subindustry, SMT Engineering'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.
SMT Engineering 3-Year ROIIC % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, SMT Engineering's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where SMT Engineering's 3-Year ROIIC % falls into.
SMT Engineering'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**
=
( 255.8737686 (Mar. 2026) - -2.659 (Mar. 2023) )
/
( 2215.044 (Mar. 2026) - 132.112 (Mar. 2023) )
=
258.5327686
/
2082.932
=
12.41%***
* 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.
SMT Engineering (BOM:538563) has a 3-Year ROIIC % of 12.41 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 SMT Engineering and its competitors. This is 452% above median its historical median of 2.25. According to the industry distribution chart, SMT Engineering ranks #205 out of 660 companies in the Capital Markets industry, placing it in the top 31.1%.
Is SMT Engineering's 3-Year ROIIC % too high?
SMT Engineering's current 3-Year ROIIC % of 12.41 is 452% above median its 10-year median of 2.25. The Capital Markets industry median 3-Year ROIIC % is 2.32. SMT Engineering's value of 12.41 is 436.1% above this industry median. Based on the distribution chart, SMT Engineering ranks #205 out of 660 companies in the Capital Markets industry, which is above the industry midpoint. Overall, SMT Engineering has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does SMT Engineering's 3-Year ROIIC % compare to MS and GS?
According to the Capital Markets industry distribution chart, SMT Engineering ranks #205 out of 660 companies for 3-Year ROIIC %. This puts SMT Engineering in the upper half of its industry. The industry median 3-Year ROIIC % is 2.32. SMT Engineering's value of 12.41 is 436.1% above this benchmark. While the company's 10-year median is 2.25 vs. the industry median of 2.32, SMT Engineering 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 Capital Markets company?
The median 3-Year ROIIC % among Capital Markets companies is 2.32, based on 660 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. SMT Engineering's current 3-Year ROIIC % of 12.41 is 436.1% 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 SMT Engineering and its competitors. For the Capital Markets industry, the median 3-Year ROIIC % is 2.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SMT Engineering's current 3-Year ROIIC % is 12.41, which is 452% above median its own 10-year median of 2.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SMT Engineering stock overvalued right now?
SMT Engineering (BOM:538563) has a current 3-Year ROIIC % of 12.41. The current 3-Year ROIIC % is 12.41, which is 452% above median its 10-year median of 2.25 and 436.1% above the Capital Markets industry median of 2.32. SMT Engineering's overall GF Score™ is 43/100 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 SMT Engineering (BOM:538563), the current 3-Year ROIIC % is 12.41 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.
SMT Engineering Ltd and its subsidiaries, the Group, operate in share trading, manufacturing plastic processing machinery globally, and other businesses. Through its subsidiary, the company specializes in HDPE and PVC extrusion systems, drip irrigation solutions, and related plastic pipe manufacturing machinery, with CNC facilities in Indore, India. The company is also engaged in trading commodities and investing in mutual funds, shares, and securities, with the majority of its revenue generated from sales of shares and securities.
43GF Score
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