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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.
Den Networks's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 52.45%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Den Networks's 3-Year ROIIC % or its related term are showing as below:
NSE:DEN's 3-Year ROIIC % is ranked better than 85.74% of 947
companies
in the Media - Diversified industry
Industry Median: 1.36
vs NSE:DEN: 52.45
Den Networks (NSE:DEN) 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.
Den Networks 3-Year ROIIC % Related Terms
Den Networks 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Den Networks'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:DEN vs NFLX, DIS, WBD: 3-Year ROIIC % Comparison
For the Entertainment subindustry, Den Networks'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.
Den Networks 3-Year ROIIC % vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Den Networks's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Den Networks's 3-Year ROIIC % falls into.
Den Networks'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**
=
( -181.823355 (Mar. 2026) - 331.13 (Mar. 2023) )
/
( 8746.38 (Mar. 2026) - 9724.34 (Mar. 2023) )
=
-512.953355
/
-977.96
=
52.45%***
* 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.
Den Networks (NSE:DEN) has a 3-Year ROIIC % of 52.45 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 Den Networks and its competitors. According to the industry distribution chart, Den Networks ranks #135 out of 947 companies in the Media - Diversified industry, placing it in the top 14.3%.
Is Den Networks' 3-Year ROIIC % too high?
Den Networks' current 3-Year ROIIC % is 52.45. The Media - Diversified industry median 3-Year ROIIC % is 1.36. Den Networks' value of 52.45 is 3756.6% above this industry median. Based on the distribution chart, Den Networks ranks #135 out of 947 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, Den Networks has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Den Networks' 3-Year ROIIC % compare to NFLX and DIS?
According to the Media - Diversified industry distribution chart, Den Networks ranks #135 out of 947 companies for 3-Year ROIIC %. This places Den Networks in the top 14% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 1.36. Den Networks' value of 52.45 is 3756.6% above this benchmark. 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 Media - Diversified company?
The median 3-Year ROIIC % among Media - Diversified companies is 1.36, based on 947 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. Den Networks's current 3-Year ROIIC % of 52.45 is 3756.6% 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 Den Networks and its competitors. For the Media - Diversified industry, the median 3-Year ROIIC % is 1.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Den Networks's current 3-Year ROIIC % is 52.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Den Networks stock overvalued right now?
Based on GuruFocus' analysis, Den Networks (NSE:DEN) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹37.44, compared to a current price of ₹27.16 — trading 27.5% below its estimated fair value. The current 3-Year ROIIC % is 52.45 and 3756.6% above the Media - Diversified industry median of 1.36. Den Networks' overall GF Score™ is 70/100 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 Den Networks (NSE:DEN), the current 3-Year ROIIC % is 52.45 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 Den Networks (NSE:DEN) Overvalued in 2026?
Based on GuruFocus' analysis, Den Networks stock appears to be undervalued.
The current stock price of ₹27.16 is trading 27.5% below its estimated GF Value™ of ₹37.44.
GuruFocus considers Den Networks to be Modestly Undervalued.
Key valuation signals for NSE:DEN:
3-Year ROIIC %: 52.45
GF Value™: ₹37.44 vs. price of ₹27.16 (27.5% below fair value)
Industry Position: 3756.6% above the Media - Diversified median (#135 of 947)
No single metric tells the full story. See the NSE:DEN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Den Networks Ltd is a cable television company in India that distributes analog and digital cable television services. It provides visual entertainment to its customers through cable TV, over-the-top entertainment, telecommerce, and broadband services. The business segments of the company consist mainly of Cable and Broadband. Its Cable segment includes the distribution and promotion of television channels and the Broadband segment consists of providing internet services. The company generates the majority of its revenue from its cable segment. Geographically, it derives revenue from India.
70GF Score
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