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CarTrade TechNSE:CARTRADE -1.33%78 3-Year ROIIC % is 25.97 as of Mar. 2026, which is 1065% above its 10-year median of 2.23. GuruFocus rates NSE:CARTRADE with a GF Score™ of 78/100 and a GF Value™ of ₹1,852.12 (Significantly Overvalued). Among 1,253 Vehicles & Parts companies, CarTrade Tech ranks better than 77.97% 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.
CarTrade Tech's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 25.97%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for CarTrade Tech's 3-Year ROIIC % or its related term are showing as below:
NSE:CARTRADE's 3-Year ROIIC % is ranked better than 77.97% of 1253
companies
in the Vehicles & Parts industry
Industry Median: 4.24
vs NSE:CARTRADE: 25.97
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.
CarTrade Tech 3-Year ROIIC % Related Terms
CarTrade Tech 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for CarTrade Tech'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:CARTRADE vs CVNA, PAG, ALTB: 3-Year ROIIC % Comparison
For the Auto & Truck Dealerships subindustry, CarTrade Tech'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.
CarTrade Tech 3-Year ROIIC % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, CarTrade Tech's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where CarTrade Tech'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.
CarTrade Tech (NSE:CARTRADE) has a 3-Year ROIIC % of 25.97 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 CarTrade Tech and its competitors. This is 1065% above median its historical median of 2.23. According to the industry distribution chart, CarTrade Tech ranks #276 out of 1253 companies in the Vehicles & Parts industry, placing it in the top 22%.
Is CarTrade Tech's 3-Year ROIIC % too high?
CarTrade Tech's current 3-Year ROIIC % of 25.97 is 1065% above median its 10-year median of 2.23. The Vehicles & Parts industry median 3-Year ROIIC % is 4.24. CarTrade Tech's value of 25.97 is 512.5% above this industry median. Based on the distribution chart, CarTrade Tech ranks #276 out of 1253 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, CarTrade Tech has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CarTrade Tech's 3-Year ROIIC % compare to CVNA and PAG?
According to the Vehicles & Parts industry distribution chart, CarTrade Tech ranks #276 out of 1253 companies for 3-Year ROIIC %. This places CarTrade Tech in the top 22% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 4.24. CarTrade Tech's value of 25.97 is 512.5% above this benchmark. While the company's 10-year median is 2.23 vs. the industry median of 4.24, CarTrade Tech 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 Vehicles & Parts company?
The median 3-Year ROIIC % among Vehicles & Parts companies is 4.24, based on 1,253 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. CarTrade Tech's current 3-Year ROIIC % of 25.97 is 512.5% 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 CarTrade Tech 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. CarTrade Tech's current 3-Year ROIIC % is 25.97, which is 1065% above median its own 10-year median of 2.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CarTrade Tech stock overvalued right now?
Based on GuruFocus' analysis, CarTrade Tech (NSE:CARTRADE) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹1,852.12, compared to a current price of ₹2,656.40 — trading 43.4% above its estimated fair value. The current 3-Year ROIIC % is 25.97, which is 1065% above median its 10-year median of 2.23 and 512.5% above the Vehicles & Parts industry median of 4.24. CarTrade Tech's overall GF Score™ is 78/100. 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 CarTrade Tech (NSE:CARTRADE), the current 3-Year ROIIC % is 25.97 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 CarTrade Tech (NSE:CARTRADE) Overvalued in 2026?
Based on GuruFocus' analysis, CarTrade Tech stock appears to be overvalued.
The current stock price of ₹2,656.40 is trading 43.4% above its estimated GF Value™ of ₹1,852.12.
GuruFocus considers CarTrade Tech to be Significantly Overvalued.
Key valuation signals for NSE:CARTRADE:
3-Year ROIIC %: 25.97 (1065% above median its 10-year median of 2.23)
GF Value™: ₹1,852.12 vs. price of ₹2,656.40 (43.4% above fair value)
Industry Position: 512.5% above the Vehicles & Parts median (#276 of 1253)
No single metric tells the full story. See the NSE:CARTRADE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CarTrade Tech Ltd is a multi-channel auto platform provider company. The company operates brands such as CarWale, CarTrade, Shriram Automall, BikeWale, CarTradeExchange, Adroit Auto, and AutoBiz. The platform connects new and used automobile customers, vehicle dealers, vehicle OEMs, and other businesses to buy and sell different types of vehicles. The company operates within three segments: the Consumer Group, Remarketing Group, and Classifieds Group.
78GF Score
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