Effwa Infra & Research (NSE:EFFWA) 3-Year ROIIC % : 28.76% (As of Mar. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:EFFWA Effwa Infra & Research Ltd NSE:EFFWA
47 GF Score
Price ₹379.90
! 7 Warning Signs
View Full Analysis

What is Effwa Infra & Research 3-Year ROIIC %?

Effwa Infra & Research NSE:EFFWA -0.48% 47 3-Year ROIIC % is 28.76 as of Mar. 2026, which is at its 10-year median of 28.76. GuruFocus rates NSE:EFFWA with a GF Score™ of 47/100. The stock has 7 warning signs investors should review. Among 229 Waste Management companies, Effwa Infra & Research ranks better than 83.84% 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. Effwa Infra & Research's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 28.76%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Effwa Infra & Research's 3-Year ROIIC % or its related term are showing as below:

NSE:EFFWA's 3-Year ROIIC % is ranked better than
83.84% of 229 companies
in the Waste Management industry
Industry Median: 3.54 vs NSE:EFFWA: 28.76

Effwa Infra & Research  (NSE:EFFWA) 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.


Effwa Infra & Research 3-Year ROIIC % Related Terms


Effwa Infra & Research 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Effwa Infra & Research'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.

Effwa Infra & Research 3-Year ROIIC % Chart

Effwa Infra & Research Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
3-Year ROIIC %
Get a 7-Day Free Trial 0.00 0.00 50.70 22.63 28.76

Effwa Infra & Research Semi-Annual Data
Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
3-Year ROIIC % Get a 7-Day Free Trial 0.00 0.00 50.70 22.63 28.76

NSE:EFFWA vs WM, RSG, WCN: 3-Year ROIIC % Comparison

For the Waste Management subindustry, Effwa Infra & Research'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.


Effwa Infra & Research 3-Year ROIIC % vs Waste Management Industry

For the Waste Management industry and Industrials sector, Effwa Infra & Research's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Effwa Infra & Research's 3-Year ROIIC % falls into.


NSE:EFFWA
47GF Score
Effwa Infra & Research Ltd NSE:EFFWA
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Effwa Infra & Research 3-Year ROIIC % Calculation

Effwa Infra & Research'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**
=( 313.3856051 (Mar. 2026) - 63.3399988 (Mar. 2023) )/( 1288.8 (Mar. 2026) - 419.439 (Mar. 2023) )
=250.0456063/869.361
=28.76%***

* 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.

Frequently Asked Questions Learn more about 3-Year ROIIC % →
What does a 3-Year ROIIC % of 28.76 mean?
Effwa Infra & Research (NSE:EFFWA) has a 3-Year ROIIC % of 28.76 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 Effwa Infra & Research and its competitors. This is near median its historical median of 28.76. Over the past decade, Effwa Infra & Research's 3-Year ROIIC % has ranged from 22.63 to 50.70. According to the industry distribution chart, Effwa Infra & Research ranks #37 out of 229 companies in the Waste Management industry, placing it in the top 16.2%.
Is Effwa Infra & Research's 3-Year ROIIC % too high?
Effwa Infra & Research's current 3-Year ROIIC % of 28.76 is near median its 10-year median of 28.76. Over the past 10 years, this metric has ranged from a low of 22.63 to a high of 50.70. The Waste Management industry median 3-Year ROIIC % is 3.54. Effwa Infra & Research's value of 28.76 is 712.4% above this industry median. Based on the distribution chart, Effwa Infra & Research ranks #37 out of 229 companies in the Waste Management industry, which is in the top quartile — a strong position relative to peers. Overall, Effwa Infra & Research has a GF Score™ of 47/100, reflecting its overall financial health beyond just this single metric.
How does Effwa Infra & Research's 3-Year ROIIC % compare to WM and RSG?
According to the Waste Management industry distribution chart, Effwa Infra & Research ranks #37 out of 229 companies for 3-Year ROIIC %. This places Effwa Infra & Research in the top 16% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 3.54. Effwa Infra & Research's value of 28.76 is 712.4% above this benchmark. Historically, Effwa Infra & Research's own 3-Year ROIIC % has ranged from 22.63 to 50.70 over the past decade. While the company's 10-year median is 28.76 vs. the industry median of 3.54, Effwa Infra & Research 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 Waste Management company?
The median 3-Year ROIIC % among Waste Management companies is 3.54, based on 229 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. Effwa Infra & Research's current 3-Year ROIIC % of 28.76 is 712.4% 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 Effwa Infra & Research and its competitors. For the Waste Management industry, the median 3-Year ROIIC % is 3.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Effwa Infra & Research's current 3-Year ROIIC % is 28.76, which is near median its own 10-year median of 28.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Effwa Infra & Research stock overvalued right now?
Effwa Infra & Research (NSE:EFFWA) has a current 3-Year ROIIC % of 28.76. The current 3-Year ROIIC % is 28.76, which is near median its 10-year median of 28.76 and 712.4% above the Waste Management industry median of 3.54. Effwa Infra & Research's overall GF Score™ is 47/100 with 7 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 Effwa Infra & Research (NSE:EFFWA), the current 3-Year ROIIC % is 28.76 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.

Effwa Infra & Research Business Description

Address Lal Bahadur Shastri Marg, G. No. 7, Vardhman Industrial Complex, Gokul Nagar, Thane West, Thane, MH, IND, 400601
Effwa Infra & Research Ltd is engaged in the business of engineering, consultancy, procurement, construction and integrated project management services in water pollution control, encompassing sewage and industrial effluent treatment, solid waste treatment and disposal, ventilation systems, hazardous waste management, and water treatment plants. The company also functions as consultants and advisors, providing a range of services encompassing project organisation, management, equipment procurement, funding, and project execution.
47GF Score

Get the complete analysis for NSE:EFFWA

3-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹379.90
Price