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.
Arham TechnologiesNSE:ARHAM -0.17%90 3-Year ROIIC % is 9.79 as of Mar. 2026, which is 19% below its 10-year median of 12.09. GuruFocus rates NSE:ARHAM with a GF Score™ of 90/100 and a GF Value™ of ₹224.26 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 2,370 Hardware companies, Arham Technologies ranks better than 60.89% 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.
Arham Technologies's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 9.79%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Arham Technologies's 3-Year ROIIC % or its related term are showing as below:
NSE:ARHAM's 3-Year ROIIC % is ranked better than 60.89% of 2370
companies
in the Hardware industry
Industry Median: 2.35
vs NSE:ARHAM: 9.79
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.
Arham Technologies 3-Year ROIIC % Related Terms
Arham Technologies 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Arham Technologies'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 Consumer Electronics subindustry, Arham Technologies'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.
Arham Technologies 3-Year ROIIC % vs Hardware Industry
For the Hardware industry and Technology sector, Arham Technologies's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Arham Technologies'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.
Arham Technologies (NSE:ARHAM) has a 3-Year ROIIC % of 9.79 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 Arham Technologies and its competitors. This is 19% below median its historical median of 12.09. Over the past decade, Arham Technologies' 3-Year ROIIC % has ranged from 9.79 to 15.39. According to the industry distribution chart, Arham Technologies ranks #927 out of 2370 companies in the Hardware industry, placing it in the top 39.1%.
Is Arham Technologies' 3-Year ROIIC % too high?
Arham Technologies' current 3-Year ROIIC % of 9.79 is 19% below median its 10-year median of 12.09. Over the past 10 years, this metric has ranged from a low of 9.79 to a high of 15.39. The Hardware industry median 3-Year ROIIC % is 2.35. Arham Technologies' value of 9.79 is 316.6% above this industry median. Based on the distribution chart, Arham Technologies ranks #927 out of 2370 companies in the Hardware industry, which is above the industry midpoint. Overall, Arham Technologies has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Arham Technologies' 3-Year ROIIC % compare to AAPL?
According to the Hardware industry distribution chart, Arham Technologies ranks #927 out of 2370 companies for 3-Year ROIIC %. This puts Arham Technologies in the upper half of its industry. The industry median 3-Year ROIIC % is 2.35. Arham Technologies' value of 9.79 is 316.6% above this benchmark. Historically, Arham Technologies' own 3-Year ROIIC % has ranged from 9.79 to 15.39 over the past decade. While the company's 10-year median is 12.09 vs. the industry median of 2.35, Arham Technologies 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 Hardware company?
The median 3-Year ROIIC % among Hardware companies is 2.35, based on 2,370 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. Arham Technologies's current 3-Year ROIIC % of 9.79 is 316.6% 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 Arham Technologies and its competitors. For the Hardware industry, the median 3-Year ROIIC % is 2.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Arham Technologies's current 3-Year ROIIC % is 9.79, which is 19% below median its own 10-year median of 12.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arham Technologies stock overvalued right now?
Based on GuruFocus' analysis, Arham Technologies (NSE:ARHAM) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹224.26, compared to a current price of ₹171.80 — trading 23.4% below its estimated fair value. The current 3-Year ROIIC % is 9.79, which is 19% below median its 10-year median of 12.09 and 316.6% above the Hardware industry median of 2.35. Arham Technologies' overall GF Score™ is 90/100 with 7 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 Arham Technologies (NSE:ARHAM), the current 3-Year ROIIC % is 9.79 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 Arham Technologies (NSE:ARHAM) Overvalued in 2026?
Based on GuruFocus' analysis, Arham Technologies stock appears to be undervalued.
The current stock price of ₹171.80 is trading 23.4% below its estimated GF Value™ of ₹224.26.
GuruFocus considers Arham Technologies to be Modestly Undervalued.
Key valuation signals for NSE:ARHAM:
3-Year ROIIC %: 9.79 (19% below median its 10-year median of 12.09)
GF Value™: ₹224.26 vs. price of ₹171.80 (23.4% below fair value)
Industry Position: 316.6% above the Hardware median (#927 of 2370)
No single metric tells the full story. See the NSE:ARHAM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Arham Technologies Ltd is engaged in the manufacturing of LED Smart Televisions. The company manufactures LED Televisions with different screen sizes under the brand STARSHINE. Its business segment is manufacturing and supplying quality refractory material and its principal geographical segment is India. The company also manufactures Fans, Air Coolers, and Mixer Grinders through third-party manufacturers.
90GF Score
Get the complete analysis for NSE:ARHAM
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:ARHAM has been successfully added to your 
