Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
AIA EngineeringNSE:AIAENG +0.52%88 3-Year ROIIC % is 2.55 as of Mar. 2026, which is 60% below its 10-year median of 6.35. GuruFocus rates NSE:AIAENG with a GF Score™ of 88/100 and a GF Value™ of ₹3,582.93 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 2,932 Industrial Products companies, AIA Engineering ranks worse than 51.53% 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.
AIA Engineering's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 2.55%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for AIA Engineering's 3-Year ROIIC % or its related term are showing as below:
NSE:AIAENG's 3-Year ROIIC % is ranked worse than 51.53% of 2932
companies
in the Industrial Products industry
Industry Median: 3.46
vs NSE:AIAENG: 2.55
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.
AIA Engineering 3-Year ROIIC % Related Terms
AIA Engineering 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for AIA 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.
NSE:AIAENG vs GEV, ETN, PH: 3-Year ROIIC % Comparison
For the Specialty Industrial Machinery subindustry, AIA 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.
AIA Engineering 3-Year ROIIC % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, AIA Engineering's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where AIA Engineering'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.
AIA Engineering (NSE:AIAENG) has a 3-Year ROIIC % of 2.55 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 AIA Engineering and its competitors. This is 60% below median its historical median of 6.35. According to the industry distribution chart, AIA Engineering ranks #1511 out of 2932 companies in the Industrial Products industry, placing it in the top 51.5%.
Is AIA Engineering's 3-Year ROIIC % too high?
AIA Engineering's current 3-Year ROIIC % of 2.55 is 60% below median its 10-year median of 6.35. The Industrial Products industry median 3-Year ROIIC % is 3.46. AIA Engineering's value of 2.55 is 26.3% below this industry median. Based on the distribution chart, AIA Engineering ranks #1511 out of 2932 companies in the Industrial Products industry, which is below the industry midpoint. Overall, AIA Engineering has a GF Score™ of 88/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does AIA Engineering's 3-Year ROIIC % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, AIA Engineering ranks #1511 out of 2932 companies for 3-Year ROIIC %. This places AIA Engineering in the lower half of its industry. The industry median 3-Year ROIIC % is 3.46. AIA Engineering's value of 2.55 is 26.3% below this benchmark. While the company's 10-year median is 6.35 vs. the industry median of 3.46, AIA Engineering has consistently been below 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 an Industrial Products company?
The median 3-Year ROIIC % among Industrial Products companies is 3.46, based on 2,932 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. AIA Engineering's current 3-Year ROIIC % of 2.55 is 26.3% below 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 AIA Engineering and its competitors. For the Industrial Products industry, the median 3-Year ROIIC % is 3.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AIA Engineering's current 3-Year ROIIC % is 2.55, which is 60% below median its own 10-year median of 6.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AIA Engineering stock overvalued right now?
Based on GuruFocus' analysis, AIA Engineering (NSE:AIAENG) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹3,582.93, compared to a current price of ₹4,681.50 — trading 30.7% above its estimated fair value. The current 3-Year ROIIC % is 2.55, which is 60% below median its 10-year median of 6.35 and 26.3% below the Industrial Products industry median of 3.46. AIA Engineering's overall GF Score™ is 88/100 with 8 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 AIA Engineering (NSE:AIAENG), the current 3-Year ROIIC % is 2.55 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 AIA Engineering (NSE:AIAENG) Overvalued in 2026?
Based on GuruFocus' analysis, AIA Engineering stock appears to be overvalued.
The current stock price of ₹4,681.50 is trading 30.7% above its estimated GF Value™ of ₹3,582.93.
GuruFocus considers AIA Engineering to be Significantly Overvalued.
Key valuation signals for NSE:AIAENG:
3-Year ROIIC %: 2.55 (60% below median its 10-year median of 6.35)
GF Value™: ₹3,582.93 vs. price of ₹4,681.50 (30.7% above fair value)
Industry Position: 26.3% below the Industrial Products median (#1511 of 2932)
No single metric tells the full story. See the NSE:AIAENG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AIA Engineering Ltd is an India-based company that develops, manufactures, and distributes chromium consumable wear parts, including grinding media, shell liners, diaphragms, grinding tables, heat-resistant castings, cone crushers, and others. The Company operates in only one Segment which is Manufacturing of High Chrome Mill Internals. The company's products are applied in the crushing/grinding processes in the cement, mining, thermal power, and other sectors. AIA Engineering Ltd generates the majority of its sales from markets outside of India. Vega Industries, a wholly-owned subsidiary of this company, is responsible for distributing the company's products outside India.
88GF Score
Get the complete analysis for NSE:AIAENG
3-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:AIAENG has been successfully added to your 
