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Gammon IndiaNSE:GAMMONIND 3-Year ROIIC % is 1.40 as of Mar. 2026, which is 83% below its 10-year median of 8.46. The stock has 6 warning signs investors should review.
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.
Gammon India's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 1.40%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Gammon India's 3-Year ROIIC % or its related term are showing as below:
NSE:GAMMONIND's 3-Year ROIIC % is not ranked
in the Construction industry.
Industry Median: 4.76
vs NSE:GAMMONIND: 1.40
Gammon India (NSE:GAMMONIND) 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.
Gammon India 3-Year ROIIC % Related Terms
Gammon India 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Gammon India'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:GAMMONIND vs PWR, J: 3-Year ROIIC % Comparison
For the Engineering & Construction subindustry, Gammon India'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.
Gammon India 3-Year ROIIC % vs Construction Industry
For the Construction industry and Industrials sector, Gammon India's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Gammon India's 3-Year ROIIC % falls into.
Gammon India'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**
=
( 633.6 (Mar. 2026) - -414.47805 (Mar. 2023) )
/
( 152210.7 (Mar. 2026) - 77127.4 (Mar. 2023) )
=
1048.07805
/
75083.3
=
1.40%***
* 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.
Gammon India (NSE:GAMMONIND) has a 3-Year ROIIC % of 1.40 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 Gammon India and its competitors. This is 83% below median its historical median of 8.46.
Is Gammon India's 3-Year ROIIC % too high?
Gammon India's current 3-Year ROIIC % of 1.40 is 83% below median its 10-year median of 8.46. The Construction industry median 3-Year ROIIC % is 4.76. Gammon India's value of 1.40 is 70.6% below this industry median.
How does Gammon India's 3-Year ROIIC % compare to PWR and J?
Gammon India's 3-Year ROIIC % of 1.40 can be compared against companies in the Construction industry. The industry median 3-Year ROIIC % is 4.76. Gammon India's value of 1.40 is 70.6% below this benchmark. While the company's 10-year median is 8.46 vs. the industry median of 4.76, Gammon India has consistently been below 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 Construction company?
The median 3-Year ROIIC % among Construction companies is 4.76, based on 1,685 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. Gammon India's current 3-Year ROIIC % of 1.40 is 70.6% below 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 Gammon India and its competitors. For the Construction industry, the median 3-Year ROIIC % is 4.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gammon India's current 3-Year ROIIC % is 1.40, which is 83% below median its own 10-year median of 8.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gammon India stock overvalued right now?
Gammon India (NSE:GAMMONIND) has a current 3-Year ROIIC % of 1.40. The current 3-Year ROIIC % is 1.40, which is 83% below median its 10-year median of 8.46 and 70.6% below the Construction industry median of 4.76. 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 Gammon India (NSE:GAMMONIND), the current 3-Year ROIIC % is 1.40 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.
Gammon India Ltd is engaged in the engineering, procurement, and construction of steam and power generation boilers, water and waste treatment, and flameless combustion technology for the oil and gas, power, and industrial sectors. It undertakes EPC projects including highways, water pipelines, and residential and commercial buildings. Its operations include construction, engineering, designing, material supply, installation, development, project management, and maintenance. The company's operating segments are Real Estate Development and Construction and Engineering, with maximum revenue from the Construction and Engineering segment, and a majority of revenue generated in India.
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