Shri Balaji Valve Components (BOM:544074) 3-Year ROIIC % : 15.86% (As of Mar. 2024)

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What is Shri Balaji Valve Components 3-Year ROIIC %?

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. Shri Balaji Valve Components's 3-Year ROIIC % for the quarter that ended in Mar. 2024 was 15.86%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Shri Balaji Valve Components's 3-Year ROIIC % or its related term are showing as below:

BOM:544074's 3-Year ROIIC % is ranked better than
67.73% of 2947 companies
in the Industrial Products industry
Industry Median: 5.44 vs BOM:544074: 15.86

Shri Balaji Valve Components 3-Year ROIIC % Historical Data

The historical data trend for Shri Balaji Valve Components'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.

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Shri Balaji Valve Components 3-Year ROIIC % Chart

Shri Balaji Valve Components Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

3-Year ROIIC %

15.86

Shri Balaji Valve Components Semi-Annual Data
	Mar21	Mar22	Mar23	Sep23	Mar24	Sep24
3-Year ROIIC %	Get a 7-Day Free Trial			-	-	-	15.86	-

Competitive Comparison of Shri Balaji Valve Components's 3-Year ROIIC %

For the Specialty Industrial Machinery subindustry, Shri Balaji Valve Components'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.

Shri Balaji Valve Components's 3-Year ROIIC % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shri Balaji Valve Components's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Shri Balaji Valve Components's 3-Year ROIIC % falls into.

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Shri Balaji Valve Components 3-Year ROIIC % Calculation

Shri Balaji Valve Components's 3-Year ROIIC % for the quarter that ended in Mar. 2024 is calculated as:

3-Year ROIIC %	=	3-Year Incremental Net Operating Profit After Taxes (NOPAT)^**	/	3-Year Incremental Invested Capital^**
	=	( 90.3604163 (Mar. 2024) - 6.3518468 (Mar. 2021) )	/	( 670.616 (Mar. 2024) - 140.987 (Mar. 2021) )
	=	84.0085695	/	529.629
	=	15.86%^***

** 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.

Shri Balaji Valve Components (BOM:544074) 3-Year ROIIC % Explanation

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.

Shri Balaji Valve Components 3-Year ROIIC % Related Terms

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Shri Balaji Valve Components Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shri Balaji Valve Components Ltd (BOM:544074) » Definitions » 3-Year ROIIC %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot No - PAP B 31, Phase - 2 Khed, Block A, 1st & 2nd Floor, Chakan MIDC, PCNTDA Green Building, Bhamboli, Pune, MH, IND, 410501

Website

https://www.balajivalvecomponents.com

Shri Balaji Valve Components Ltd is engaged in the business of manufacturing ready-to-assemble valve components catering to manufacturing of the valves which are used in different industries and different sizes depending on the customer's specifications. It manufactures and supplies various types of valve components that are used in the manufacturing of ball valves, butterfly valves, and other valves including forging products. Its valve components are used to manufacture valves that serve industries which are in different sectors.

Shri Balaji Valve Components Headlines

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