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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.
Birla Cable's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was -26.17%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Birla Cable's 3-Year ROIIC % or its related term are showing as below:
NSE:BIRLACABLE's 3-Year ROIIC % is ranked worse than 78.34% of 2373
companies
in the Hardware industry
Industry Median: 2.34
vs NSE:BIRLACABLE: -26.17
Birla Cable (NSE:BIRLACABLE) 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.
Birla Cable 3-Year ROIIC % Related Terms
Birla Cable 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Birla Cable'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:BIRLACABLE vs CSCO, CIEN, MSI: 3-Year ROIIC % Comparison
For the Communication Equipment subindustry, Birla Cable'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.
Birla Cable 3-Year ROIIC % vs Hardware Industry
For the Hardware industry and Technology sector, Birla Cable's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Birla Cable'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.
Birla Cable (NSE:BIRLACABLE) has a 3-Year ROIIC % of -26.17 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 Birla Cable and its competitors. According to the industry distribution chart, Birla Cable ranks #1859 out of 2373 companies in the Hardware industry, placing it in the top 78.3%.
Is Birla Cable's 3-Year ROIIC % too high?
Birla Cable's current 3-Year ROIIC % is -26.17. Based on the distribution chart, Birla Cable ranks #1859 out of 2373 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Birla Cable has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Birla Cable's 3-Year ROIIC % compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Birla Cable ranks #1859 out of 2373 companies for 3-Year ROIIC %. This places Birla Cable in the lower half of its industry. The industry median 3-Year ROIIC % is 2.34. 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 2.34, based on 2,373 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. 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 Birla Cable and its competitors. For the Hardware industry, the median 3-Year ROIIC % is 2.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Birla Cable's current 3-Year ROIIC % is -26.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Birla Cable stock overvalued right now?
Based on GuruFocus' analysis, Birla Cable (NSE:BIRLACABLE) is currently considered Fairly Valued. The stock's GF Value™ is ₹211.38, compared to a current price of ₹197.35 — trading 6.6% below its estimated fair value. The current 3-Year ROIIC % is -26.17. Birla Cable's overall GF Score™ is 79/100 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 Birla Cable (NSE:BIRLACABLE), the current 3-Year ROIIC % is -26.17 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 Birla Cable (NSE:BIRLACABLE) Overvalued in 2026?
Based on GuruFocus' analysis, Birla Cable stock appears to be undervalued.
The current stock price of ₹197.35 is trading 6.6% below its estimated GF Value™ of ₹211.38.
GuruFocus considers Birla Cable to be Fairly Valued.
Key valuation signals for NSE:BIRLACABLE:
3-Year ROIIC %: -26.17
GF Value™: ₹211.38 vs. price of ₹197.35 (6.6% below fair value)
No single metric tells the full story. See the NSE:BIRLACABLE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Birla Cable Ltd is engaged in the manufacturing and sale of telecommunication cables, consisting of both copper and optical fiber, and other types of specialty wires and cables. Its geographical segments include Domestic Market (within India) and Overseas Market (outside India). The firm offers products in various categories such as optical fiber cables, including armored and unarmored, di-electric self-supporting aerial, figure-8 type aerial, drop, and interconnect cables. It also offers specialty cables, such as stainless steel wire armored tactical, coaxial, switchboard, screened PCM, and CAT cables, as well as automobile wires. In addition, the company provides telecom fiber accessories comprising connectors, adapters, pigtails, and cable accessories.
79GF Score
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