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Manoj JewellersBOM:544400 -1.71%50 3-Year ROIIC % is 19.89 as of Mar. 2026, which is 13% below its 10-year median of 22.84. GuruFocus rates BOM:544400 with a GF Score™ of 50/100. The stock has 5 warning signs investors should review. Among 1,054 Retail - Cyclical companies, Manoj Jewellers ranks better than 71.82% 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.
Manoj Jewellers's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 19.89%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Manoj Jewellers's 3-Year ROIIC % or its related term are showing as below:
BOM:544400's 3-Year ROIIC % is ranked better than 71.82% of 1054
companies
in the Retail - Cyclical industry
Industry Median: 4.265
vs BOM:544400: 19.89
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.
Manoj Jewellers 3-Year ROIIC % Related Terms
Manoj Jewellers 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Manoj Jewellers'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 Luxury Goods subindustry, Manoj Jewellers'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.
Manoj Jewellers 3-Year ROIIC % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Manoj Jewellers's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Manoj Jewellers'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.
Manoj Jewellers (BOM:544400) has a 3-Year ROIIC % of 19.89 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 Manoj Jewellers and its competitors. This is 13% below median its historical median of 22.84. According to the industry distribution chart, Manoj Jewellers ranks #297 out of 1054 companies in the Retail - Cyclical industry, placing it in the top 28.2%.
Is Manoj Jewellers' 3-Year ROIIC % too high?
Manoj Jewellers' current 3-Year ROIIC % of 19.89 is 13% below median its 10-year median of 22.84. The Retail - Cyclical industry median 3-Year ROIIC % is 4.27. Manoj Jewellers' value of 19.89 is 366.4% above this industry median. Based on the distribution chart, Manoj Jewellers ranks #297 out of 1054 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Manoj Jewellers has a GF Score™ of 50/100, reflecting its overall financial health beyond just this single metric.
How does Manoj Jewellers' 3-Year ROIIC % compare to TPR?
According to the Retail - Cyclical industry distribution chart, Manoj Jewellers ranks #297 out of 1054 companies for 3-Year ROIIC %. This puts Manoj Jewellers in the upper half of its industry. The industry median 3-Year ROIIC % is 4.27. Manoj Jewellers' value of 19.89 is 366.4% above this benchmark. While the company's 10-year median is 22.84 vs. the industry median of 4.27, Manoj Jewellers 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 4.27, based on 1,054 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. Manoj Jewellers's current 3-Year ROIIC % of 19.89 is 366.4% 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 Manoj Jewellers and its competitors. For the Retail - Cyclical industry, the median 3-Year ROIIC % is 4.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manoj Jewellers's current 3-Year ROIIC % is 19.89, which is 13% below median its own 10-year median of 22.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manoj Jewellers stock overvalued right now?
Manoj Jewellers (BOM:544400) has a current 3-Year ROIIC % of 19.89. The current 3-Year ROIIC % is 19.89, which is 13% below median its 10-year median of 22.84 and 366.4% above the Retail - Cyclical industry median of 4.27. Manoj Jewellers' overall GF Score™ is 50/100 with 5 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 Manoj Jewellers (BOM:544400), the current 3-Year ROIIC % is 19.89 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.
Manoj Jewellers Ltd is engaged in the retail and wholesale business of jewellery and ornaments made from gold and diamonds, embellished with precious and semiprecious stones. Its extensive portfolio includes a wide range of items such as rings, earrings, armlets, pendants, nose rings, bracelets, chains, necklaces, bangles, and other wedding jewellery pieces. Its diverse collection caters to various tastes and occasions, offering customers a selection of exquisite pieces to choose from. The company aims to provide high-quality and beautifully crafted jewellery to meet the needs and preferences of its clients.
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