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Chaman MetallicsNSE:CMNL +5.11%61 3-Year ROIIC % is 0.32 as of Mar. 2026, which is at its 10-year median of 0.32. GuruFocus rates NSE:CMNL with a GF Score™ of 61/100 and a GF Value™ of ₹349.64 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 605 Steel companies, Chaman Metallics ranks better than 50.91% 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.
Chaman Metallics's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 0.32%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Chaman Metallics's 3-Year ROIIC % or its related term are showing as below:
NSE:CMNL's 3-Year ROIIC % is ranked better than 50.91% of 605
companies
in the Steel industry
Industry Median: -0.23
vs NSE:CMNL: 0.32
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.
Chaman Metallics 3-Year ROIIC % Related Terms
Chaman Metallics 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Chaman Metallics'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:CMNL vs NUE, STLD, RS: 3-Year ROIIC % Comparison
For the Steel subindustry, Chaman Metallics'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.
Chaman Metallics 3-Year ROIIC % vs Steel Industry
For the Steel industry and Basic Materials sector, Chaman Metallics's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Chaman Metallics'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.
Chaman Metallics (NSE:CMNL) has a 3-Year ROIIC % of 0.32 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 Chaman Metallics and its competitors. This is near median its historical median of 0.32. Over the past decade, Chaman Metallics' 3-Year ROIIC % has ranged from 0.11 to 2.83. According to the industry distribution chart, Chaman Metallics ranks #297 out of 605 companies in the Steel industry, placing it in the top 49.1%.
Is Chaman Metallics' 3-Year ROIIC % too high?
Chaman Metallics' current 3-Year ROIIC % of 0.32 is near median its 10-year median of 0.32. Over the past 10 years, this metric has ranged from a low of 0.11 to a high of 2.83. Based on the distribution chart, Chaman Metallics ranks #297 out of 605 companies in the Steel industry, which is above the industry midpoint. Overall, Chaman Metallics has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Chaman Metallics' 3-Year ROIIC % compare to NUE and STLD?
According to the Steel industry distribution chart, Chaman Metallics ranks #297 out of 605 companies for 3-Year ROIIC %. This puts Chaman Metallics in the upper half of its industry. Historically, Chaman Metallics' own 3-Year ROIIC % has ranged from 0.11 to 2.83 over the past decade. 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 Steel company?
A good 3-Year ROIIC % depends on the Steel industry context. 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 Chaman Metallics and its competitors. Chaman Metallics's current 3-Year ROIIC % is 0.32, which is near median its own 10-year median of 0.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chaman Metallics stock overvalued right now?
Based on GuruFocus' analysis, Chaman Metallics (NSE:CMNL) is currently considered Possible Value Trap. The stock's GF Value™ is ₹349.64, compared to a current price of ₹98.80 — trading 71.7% below its estimated fair value. The current 3-Year ROIIC % is 0.32, which is near median its 10-year median of 0.32. Chaman Metallics' overall GF Score™ is 61/100 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 Chaman Metallics (NSE:CMNL), the current 3-Year ROIIC % is 0.32 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 Chaman Metallics (NSE:CMNL) Overvalued in 2026?
Based on GuruFocus' analysis, Chaman Metallics stock appears to be undervalued.
The current stock price of ₹98.80 is trading 71.7% below its estimated GF Value™ of ₹349.64.
GuruFocus considers Chaman Metallics to be Possible Value Trap.
Key valuation signals for NSE:CMNL:
3-Year ROIIC %: 0.32 (near median its 10-year median of 0.32)
GF Value™: ₹349.64 vs. price of ₹98.80 (71.7% below fair value)
No single metric tells the full story. See the NSE:CMNL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chaman Metallics Ltd is engaged in the business of selling Iron and Steel. The company is engaged in manufacturing and selling Direct Reduced Iron (i.e., sponge iron), which is used as a raw material for making steel in electric arc furnaces and induction furnaces.
61GF Score
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