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Net Avenue TechnologiesNSE:CBAZAAR 28 3-Year ROIIC % is 286.81 as of Mar. 2026, which is 16% below its 10-year median of 341.68. GuruFocus rates NSE:CBAZAAR with a GF Score™ of 28/100. The stock has 3 warning signs investors should review. Among 1,059 Retail - Cyclical companies, Net Avenue Technologies ranks better than 96.69% 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.
Net Avenue Technologies's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 286.81%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Net Avenue Technologies's 3-Year ROIIC % or its related term are showing as below:
NSE:CBAZAAR's 3-Year ROIIC % is ranked better than 96.69% of 1059
companies
in the Retail - Cyclical industry
Industry Median: 3.98
vs NSE:CBAZAAR: 286.81
Net Avenue Technologies (NSE:CBAZAAR) 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.
Net Avenue Technologies 3-Year ROIIC % Related Terms
Net Avenue Technologies 3-Year ROIIC % Historical Data
* 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:CBAZAAR vs AMZN, BABA, PDD: 3-Year ROIIC % Comparison
For the Internet Retail subindustry, Net Avenue 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.
Net Avenue Technologies 3-Year ROIIC % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Net Avenue Technologies's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Net Avenue Technologies's 3-Year ROIIC % falls into.
Net Avenue Technologies 3-Year ROIIC % Calculation
Net Avenue Technologies'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**
=
( -33.789 (Mar. 2026) - 13.256 (Mar. 2023) )
/
( 66.673 (Mar. 2026) - 83.076 (Mar. 2023) )
=
-47.045
/
-16.403
=
286.81%***
* 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.
Net Avenue Technologies (NSE:CBAZAAR) has a 3-Year ROIIC % of 286.81 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 Net Avenue Technologies and its competitors. This is 16% below median its historical median of 341.68. Over the past decade, Net Avenue Technologies' 3-Year ROIIC % has ranged from 286.81 to 396.54. According to the industry distribution chart, Net Avenue Technologies ranks #35 out of 1059 companies in the Retail - Cyclical industry, placing it in the top 3.3%.
Is Net Avenue Technologies' 3-Year ROIIC % too high?
Net Avenue Technologies' current 3-Year ROIIC % of 286.81 is 16% below median its 10-year median of 341.68. Over the past 10 years, this metric has ranged from a low of 286.81 to a high of 396.54. The Retail - Cyclical industry median 3-Year ROIIC % is 3.98. Net Avenue Technologies' value of 286.81 is 7106.3% above this industry median. Based on the distribution chart, Net Avenue Technologies ranks #35 out of 1059 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Net Avenue Technologies has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does Net Avenue Technologies' 3-Year ROIIC % compare to AMZN and BABA?
According to the Retail - Cyclical industry distribution chart, Net Avenue Technologies ranks #35 out of 1059 companies for 3-Year ROIIC %. This places Net Avenue Technologies in the top 3% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 3.98. Net Avenue Technologies' value of 286.81 is 7106.3% above this benchmark. Historically, Net Avenue Technologies' own 3-Year ROIIC % has ranged from 286.81 to 396.54 over the past decade. While the company's 10-year median is 341.68 vs. the industry median of 3.98, Net Avenue 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 Retail - Cyclical company?
The median 3-Year ROIIC % among Retail - Cyclical companies is 3.98, based on 1,059 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. Net Avenue Technologies's current 3-Year ROIIC % of 286.81 is 7106.3% 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 Net Avenue Technologies and its competitors. For the Retail - Cyclical industry, the median 3-Year ROIIC % is 3.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Net Avenue Technologies's current 3-Year ROIIC % is 286.81, which is 16% below median its own 10-year median of 341.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Net Avenue Technologies stock overvalued right now?
Net Avenue Technologies (NSE:CBAZAAR) has a current 3-Year ROIIC % of 286.81. The current 3-Year ROIIC % is 286.81, which is 16% below median its 10-year median of 341.68 and 7106.3% above the Retail - Cyclical industry median of 3.98. Net Avenue Technologies' overall GF Score™ is 28/100 with 3 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 Net Avenue Technologies (NSE:CBAZAAR), the current 3-Year ROIIC % is 286.81 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.
Net Avenue Technologies Ltd is engaged in an online digital direct-to-consumer business for Indian Ethnic wear and accessories. Its core business sells Indian Ethnic wear and accessories, catering to the South Asian Diaspora, and its product range includes Indian ethnic wear and accessories for women, men, teens, and kids. The company distributes its products through various prominent E-commerce platforms, including but not limited to Myntra, Nykaa, and Ajio, among others. Its primary markets are the United States, the United Kingdom, Canada, Australia, and India.
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