Asahi India Glass (NSE:ASAHIINDIA) 3-Year ROIIC % : 1.83% (As of Mar. 2026) — 78% Above Median

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Director of Data and Quant Analytics at GuruFocus
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NSE:ASAHIINDIA Asahi India Glass Ltd NSE:ASAHIINDIA
74 GF Score
Price ₹951.55
GF Value ₹784.30
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Asahi India Glass 3-Year ROIIC %?

Asahi India Glass NSE:ASAHIINDIA -0.57% 74 3-Year ROIIC % is 1.83 as of Mar. 2026, which is 78% above its 10-year median of 1.03. GuruFocus rates NSE:ASAHIINDIA with a GF Score™ of 74/100 and a GF Value™ of ₹784.30 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 1,251 Vehicles & Parts companies, Asahi India Glass ranks worse than 54.92% 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. Asahi India Glass's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 1.83%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Asahi India Glass's 3-Year ROIIC % or its related term are showing as below:

NSE:ASAHIINDIA's 3-Year ROIIC % is ranked worse than
54.92% of 1251 companies
in the Vehicles & Parts industry
Industry Median: 4.24 vs NSE:ASAHIINDIA: 1.83

Asahi India Glass  (NSE:ASAHIINDIA) 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.


Asahi India Glass 3-Year ROIIC % Related Terms


Asahi India Glass 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Asahi India Glass'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.

Asahi India Glass 3-Year ROIIC % Chart

Asahi India Glass Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -91.05 155.27 17.52 0.22 1.83

Asahi India Glass Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
3-Year ROIIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 1.83 0.00

NSE:ASAHIINDIA vs ORLY, AZO: 3-Year ROIIC % Comparison

For the Auto Parts subindustry, Asahi India Glass'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.


Asahi India Glass 3-Year ROIIC % vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Asahi India Glass's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Asahi India Glass's 3-Year ROIIC % falls into.


NSE:ASAHIINDIA
74GF Score
Asahi India Glass Ltd NSE:ASAHIINDIA
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asahi India Glass 3-Year ROIIC % Calculation

Asahi India Glass's 3-Year ROIIC % for the quarter that ended in Mar. 2026 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 4762.89888 (Mar. 2026) - 4186.8672 (Mar. 2023) )/( 66356.3 (Mar. 2026) - 34928.7 (Mar. 2023) )
=576.03168/31427.6
=1.83%***

* 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.

Frequently Asked Questions Learn more about 3-Year ROIIC % →
What does a 3-Year ROIIC % of 1.83 mean?
Asahi India Glass (NSE:ASAHIINDIA) has a 3-Year ROIIC % of 1.83 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 Asahi India Glass and its competitors. This is 78% above median its historical median of 1.03. According to the industry distribution chart, Asahi India Glass ranks #687 out of 1251 companies in the Vehicles & Parts industry, placing it in the top 54.9%.
Is Asahi India Glass' 3-Year ROIIC % too high?
Asahi India Glass' current 3-Year ROIIC % of 1.83 is 78% above median its 10-year median of 1.03. The Vehicles & Parts industry median 3-Year ROIIC % is 4.24. Asahi India Glass' value of 1.83 is 56.8% below this industry median. Based on the distribution chart, Asahi India Glass ranks #687 out of 1251 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Asahi India Glass has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Asahi India Glass' 3-Year ROIIC % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Asahi India Glass ranks #687 out of 1251 companies for 3-Year ROIIC %. This places Asahi India Glass in the lower half of its industry. The industry median 3-Year ROIIC % is 4.24. Asahi India Glass' value of 1.83 is 56.8% below this benchmark. While the company's 10-year median is 1.03 vs. the industry median of 4.24, Asahi India Glass 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 a Vehicles & Parts company?
The median 3-Year ROIIC % among Vehicles & Parts companies is 4.24, based on 1,251 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. Asahi India Glass's current 3-Year ROIIC % of 1.83 is 56.8% 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 Asahi India Glass and its competitors. For the Vehicles & Parts industry, the median 3-Year ROIIC % is 4.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asahi India Glass's current 3-Year ROIIC % is 1.83, which is 78% above median its own 10-year median of 1.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asahi India Glass stock overvalued right now?
Based on GuruFocus' analysis, Asahi India Glass (NSE:ASAHIINDIA) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹784.30, compared to a current price of ₹951.55 — trading 21.3% above its estimated fair value. The current 3-Year ROIIC % is 1.83, which is 78% above median its 10-year median of 1.03 and 56.8% below the Vehicles & Parts industry median of 4.24. Asahi India Glass' overall GF Score™ is 74/100 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 Asahi India Glass (NSE:ASAHIINDIA), the current 3-Year ROIIC % is 1.83 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 Asahi India Glass (NSE:ASAHIINDIA) Overvalued in 2026?

Based on GuruFocus' analysis, Asahi India Glass stock appears to be overvalued. The current stock price of ₹951.55 is trading 21.3% above its estimated GF Value™ of ₹784.30. GuruFocus considers Asahi India Glass to be Modestly Overvalued.

Key valuation signals for NSE:ASAHIINDIA:

  • 3-Year ROIIC %: 1.83 (78% above median its 10-year median of 1.03)
  • GF Value™: ₹784.30 vs. price of ₹951.55 (21.3% above fair value)
  • GF Score™: 74/100 with 8 warning signs
  • Industry Position: 56.8% below the Vehicles & Parts median (#687 of 1251)

No single metric tells the full story. See the NSE:ASAHIINDIA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Asahi India Glass Business Description

Other Exchanges 515030:India
Address Mehrauli - Gurgaon Road, Global Business Park, Tower-D, 3rd and 11th Floor, Gurugram, HR, IND, 122 002
Asahi India Glass Ltd is a manufacturer of glass products and solutions. The company offers automotive glass products, architectural glass products, windshield repair and replacement services in India, commercial and private-living glass solutions, glass integration and installation services, and special-purpose glass solutions such as noise-canceling windows, energy-saving windows, and safety glasses. The Group has three segments namely a) Automotive, b) Building and Construction (Architectural), and c) Consumer Glass. Asahi India Glass business segment by revenue, automotive glass products, produces various glass windshields and integrated products and solutions, such as rain-sensor windshields, heated windshields, and other related products.
74GF Score

Get the complete analysis for NSE:ASAHIINDIA

3-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹951.55
Price
₹784.30
GF Value