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FSN E-Commerce VenturesBOM:543384 +0.85%84 3-Year ROIIC % is 21.34 as of Mar. 2026, which is 373% above its 10-year median of 4.51. GuruFocus rates BOM:543384 with a GF Score™ of 84/100 and a GF Value™ of ₹306.73 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,057 Retail - Cyclical companies, FSN E-Commerce Ventures ranks better than 73.98% 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.
FSN E-Commerce Ventures's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 21.34%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for FSN E-Commerce Ventures's 3-Year ROIIC % or its related term are showing as below:
BOM:543384's 3-Year ROIIC % is ranked better than 73.98% of 1057
companies
in the Retail - Cyclical industry
Industry Median: 3.96
vs BOM:543384: 21.34
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.
FSN E-Commerce Ventures 3-Year ROIIC % Related Terms
FSN E-Commerce Ventures 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:543384 vs AMZN, BABA, PDD: 3-Year ROIIC % Comparison
For the Internet Retail subindustry, FSN E-Commerce Ventures'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.
FSN E-Commerce Ventures 3-Year ROIIC % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, FSN E-Commerce Ventures's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where FSN E-Commerce Ventures'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.
FSN E-Commerce Ventures (BOM:543384) has a 3-Year ROIIC % of 21.34 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 FSN E-Commerce Ventures and its competitors. This is 373% above median its historical median of 4.51. According to the industry distribution chart, FSN E-Commerce Ventures ranks #275 out of 1057 companies in the Retail - Cyclical industry, placing it in the top 26%.
Is FSN E-Commerce Ventures' 3-Year ROIIC % too high?
FSN E-Commerce Ventures' current 3-Year ROIIC % of 21.34 is 373% above median its 10-year median of 4.51. The Retail - Cyclical industry median 3-Year ROIIC % is 3.96. FSN E-Commerce Ventures' value of 21.34 is 438.9% above this industry median. Based on the distribution chart, FSN E-Commerce Ventures ranks #275 out of 1057 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, FSN E-Commerce Ventures has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does FSN E-Commerce Ventures' 3-Year ROIIC % compare to AMZN and BABA?
According to the Retail - Cyclical industry distribution chart, FSN E-Commerce Ventures ranks #275 out of 1057 companies for 3-Year ROIIC %. This puts FSN E-Commerce Ventures in the upper half of its industry. The industry median 3-Year ROIIC % is 3.96. FSN E-Commerce Ventures' value of 21.34 is 438.9% above this benchmark. While the company's 10-year median is 4.51 vs. the industry median of 3.96, FSN E-Commerce Ventures 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 Retail - Cyclical company?
The median 3-Year ROIIC % among Retail - Cyclical companies is 3.96, based on 1,057 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. FSN E-Commerce Ventures's current 3-Year ROIIC % of 21.34 is 438.9% 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 FSN E-Commerce Ventures and its competitors. For the Retail - Cyclical industry, the median 3-Year ROIIC % is 3.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FSN E-Commerce Ventures's current 3-Year ROIIC % is 21.34, which is 373% above median its own 10-year median of 4.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FSN E-Commerce Ventures stock overvalued right now?
Based on GuruFocus' analysis, FSN E-Commerce Ventures (BOM:543384) is currently considered Fairly Valued. The stock's GF Value™ is ₹306.73, compared to a current price of ₹332.80 — trading 8.5% above its estimated fair value. The current 3-Year ROIIC % is 21.34, which is 373% above median its 10-year median of 4.51 and 438.9% above the Retail - Cyclical industry median of 3.96. FSN E-Commerce Ventures' overall GF Score™ is 84/100 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 FSN E-Commerce Ventures (BOM:543384), the current 3-Year ROIIC % is 21.34 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 FSN E-Commerce Ventures (BOM:543384) Overvalued in 2026?
Based on GuruFocus' analysis, FSN E-Commerce Ventures stock appears to be overvalued.
The current stock price of ₹332.80 is trading 8.5% above its estimated GF Value™ of ₹306.73.
GuruFocus considers FSN E-Commerce Ventures to be Fairly Valued.
Key valuation signals for BOM:543384:
3-Year ROIIC %: 21.34 (373% above median its 10-year median of 4.51)
GF Value™: ₹306.73 vs. price of ₹332.80 (8.5% above fair value)
Industry Position: 438.9% above the Retail - Cyclical median (#275 of 1057)
No single metric tells the full story. See the BOM:543384 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
FSN E-Commerce Ventures Ltd is engaged in the business of manufacturing, selling and distributing beauty, wellness, fitness, personal care, health care, skin care, hair care products, fashion garments, fashion accessories and equipments on the online portals or websites such as e-commerce, m-commerce, internet, intranet as well as through physical stores, stalls, general trade and modern trade etc. In addition, it also provides marketing support services. The group operates in the following segments: Beauty, Fashion, and Others. The majority of its revenue is generated from the Beauty segment, which comprises online beauty platform, beauty-owned brands, physical retail stores, eB2B distribution business, and Nykaa Man BPC business. Geographically, the group derives key revenue from India.
84GF Score
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