Felix Industries (NSE:FELIX) 3-Year ROIIC % : 7.92% (As of Mar. 2026) — 79% Above Median

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NSE:FELIX Felix Industries Ltd NSE:FELIX
85 GF Score
Price ₹187.40
GF Value ₹301.73
Valuation Possible Value Trap
! 4 Warning Signs
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What is Felix Industries 3-Year ROIIC %?

Felix Industries NSE:FELIX -2.14% 85 3-Year ROIIC % is 7.92 as of Mar. 2026, which is 79% above its 10-year median of 4.43. GuruFocus rates NSE:FELIX with a GF Score™ of 85/100 and a GF Value™ of ₹301.73 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 230 Waste Management companies, Felix Industries ranks better than 62.17% 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. Felix Industries's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 7.92%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Felix Industries's 3-Year ROIIC % or its related term are showing as below:

NSE:FELIX's 3-Year ROIIC % is ranked better than
62.17% of 230 companies
in the Waste Management industry
Industry Median: 3.175 vs NSE:FELIX: 7.92

Felix Industries  (NSE:FELIX) 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.


Felix Industries 3-Year ROIIC % Related Terms


Felix Industries 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Felix Industries'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.

Felix Industries 3-Year ROIIC % Chart

Felix Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 69.50 13.65 8.84 3.87 7.92

Felix Industries Quarterly Data
Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
3-Year ROIIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.87 0.00 0.00 0.00 7.92

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

For the Waste Management subindustry, Felix Industries'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.


Felix Industries 3-Year ROIIC % vs Waste Management Industry

For the Waste Management industry and Industrials sector, Felix Industries's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Felix Industries's 3-Year ROIIC % falls into.


NSE:FELIX
85GF Score
Felix Industries Ltd NSE:FELIX
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Felix Industries 3-Year ROIIC % Calculation

Felix Industries'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**
=( 178.4679519 (Mar. 2026) - 15.4691432 (Mar. 2023) )/( 2280.839 (Mar. 2026) - 222.474 (Mar. 2023) )
=162.9988087/2058.365
=7.92%***

* 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 7.92 mean?
Felix Industries (NSE:FELIX) has a 3-Year ROIIC % of 7.92 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 Felix Industries and its competitors. This is 79% above median its historical median of 4.43. According to the industry distribution chart, Felix Industries ranks #87 out of 230 companies in the Waste Management industry, placing it in the top 37.8%.
Is Felix Industries' 3-Year ROIIC % too high?
Felix Industries' current 3-Year ROIIC % of 7.92 is 79% above median its 10-year median of 4.43. The Waste Management industry median 3-Year ROIIC % is 3.18. Felix Industries' value of 7.92 is 149.4% above this industry median. Based on the distribution chart, Felix Industries ranks #87 out of 230 companies in the Waste Management industry, which is above the industry midpoint. Overall, Felix Industries has a GF Score™ of 85/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Felix Industries' 3-Year ROIIC % compare to WM and RSG?
According to the Waste Management industry distribution chart, Felix Industries ranks #87 out of 230 companies for 3-Year ROIIC %. This puts Felix Industries in the upper half of its industry. The industry median 3-Year ROIIC % is 3.18. Felix Industries' value of 7.92 is 149.4% above this benchmark. While the company's 10-year median is 4.43 vs. the industry median of 3.18, Felix Industries 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 3.18, based on 230 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. Felix Industries's current 3-Year ROIIC % of 7.92 is 149.4% 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 Felix Industries and its competitors. For the Waste Management industry, the median 3-Year ROIIC % is 3.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Felix Industries's current 3-Year ROIIC % is 7.92, which is 79% above median its own 10-year median of 4.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Felix Industries stock overvalued right now?
Based on GuruFocus' analysis, Felix Industries (NSE:FELIX) is currently considered Possible Value Trap. The stock's GF Value™ is ₹301.73, compared to a current price of ₹187.40 — trading 37.9% below its estimated fair value. The current 3-Year ROIIC % is 7.92, which is 79% above median its 10-year median of 4.43 and 149.4% above the Waste Management industry median of 3.18. Felix Industries' overall GF Score™ is 85/100 with 4 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 Felix Industries (NSE:FELIX), the current 3-Year ROIIC % is 7.92 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 Felix Industries (NSE:FELIX) Overvalued in 2026?

Based on GuruFocus' analysis, Felix Industries stock appears to be undervalued. The current stock price of ₹187.40 is trading 37.9% below its estimated GF Value™ of ₹301.73. GuruFocus considers Felix Industries to be Possible Value Trap.

Key valuation signals for NSE:FELIX:

  • 3-Year ROIIC %: 7.92 (79% above median its 10-year median of 4.43)
  • GF Value™: ₹301.73 vs. price of ₹187.40 (37.9% below fair value)
  • GF Score™: 85/100 with 4 warning signs
  • Industry Position: 149.4% above the Waste Management median (#87 of 230)

No single metric tells the full story. See the NSE:FELIX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Felix Industries Business Description

Address Piplaj Pirana Road, Plot No. 123, Devraj Industrial Park, Pirana, Ahmedabad, GJ, IND, 382405
Felix Industries Ltd is an Indian company engaged in water collection, treatment, and supply. It offers solutions for water and wastewater management by way of Reverse Osmosis Systems, Effluent Recycling Systems, and Zero Liquid Discharge Systems. The company provides services in the areas of water and wastewater engineering, industrial piping division, and E-waste recycling. The group operates in two different geographical territories, i.e., India and Oman. It generates the majority of its revenue within India.
85GF Score

Get the complete analysis for NSE:FELIX

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

₹187.40
Price
₹301.73
GF Value