HDFC Asset Management Co (NSE:HDFCAMC) 3-Year ROIIC % : 60.73% (As of Mar. 2026) — 190% Above Median

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NSE:HDFCAMC HDFC Asset Management Co Ltd NSE:HDFCAMC
100 GF Score
Price ₹2,651.20
GF Value ₹2,995.81
Valuation Modestly Undervalued
! 2 Warning Signs
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What is HDFC Asset Management Co 3-Year ROIIC %?

HDFC Asset Management Co NSE:HDFCAMC +1.88% 100 3-Year ROIIC % is 60.73 as of Mar. 2026, which is 190% above its 10-year median of 20.97. GuruFocus rates NSE:HDFCAMC with a GF Score™ of 100/100 and a GF Value™ of ₹2,995.81 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 653 Asset Management companies, HDFC Asset Management Co ranks better than 83.77% 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. HDFC Asset Management Co's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 60.73%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for HDFC Asset Management Co's 3-Year ROIIC % or its related term are showing as below:

NSE:HDFCAMC's 3-Year ROIIC % is ranked better than
83.77% of 653 companies
in the Asset Management industry
Industry Median: 2.21 vs NSE:HDFCAMC: 60.73

HDFC Asset Management Co  (NSE:HDFCAMC) 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.


HDFC Asset Management Co 3-Year ROIIC % Related Terms


HDFC Asset Management Co 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for HDFC Asset Management Co'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.

HDFC Asset Management Co 3-Year ROIIC % Chart

HDFC Asset Management Co 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 15.38 0.82 22.49 42.30 60.73

HDFC Asset Management Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.00 0.00 0.00 60.73 0.00

NSE:HDFCAMC vs BLK, BX, KKR: 3-Year ROIIC % Comparison

For the Asset Management subindustry, HDFC Asset Management Co'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.


HDFC Asset Management Co 3-Year ROIIC % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, HDFC Asset Management Co's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where HDFC Asset Management Co's 3-Year ROIIC % falls into.


NSE:HDFCAMC
100GF Score
HDFC Asset Management Co Ltd NSE:HDFCAMC
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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HDFC Asset Management Co 3-Year ROIIC % Calculation

HDFC Asset Management Co'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**
=( 24830.98055 (Mar. 2026) - 11903.14734 (Mar. 2023) )/( 74292.1 (Mar. 2026) - 53003.5 (Mar. 2023) )
=12927.83321/21288.6
=60.73%***

* 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 60.73 mean?
HDFC Asset Management Co (NSE:HDFCAMC) has a 3-Year ROIIC % of 60.73 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 HDFC Asset Management Co and its competitors. This is 190% above median its historical median of 20.97. Over the past decade, HDFC Asset Management Co's 3-Year ROIIC % has ranged from 0.82 to 100.60. According to the industry distribution chart, HDFC Asset Management Co ranks #106 out of 653 companies in the Asset Management industry, placing it in the top 16.2%.
Is HDFC Asset Management Co's 3-Year ROIIC % too high?
HDFC Asset Management Co's current 3-Year ROIIC % of 60.73 is 190% above median its 10-year median of 20.97. Over the past 10 years, this metric has ranged from a low of 0.82 to a high of 100.60. The Asset Management industry median 3-Year ROIIC % is 2.21. HDFC Asset Management Co's value of 60.73 is 2648% above this industry median. Based on the distribution chart, HDFC Asset Management Co ranks #106 out of 653 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, HDFC Asset Management Co has a GF Score™ of 100/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does HDFC Asset Management Co's 3-Year ROIIC % compare to BLK and BX?
According to the Asset Management industry distribution chart, HDFC Asset Management Co ranks #106 out of 653 companies for 3-Year ROIIC %. This places HDFC Asset Management Co in the top 16% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 2.21. HDFC Asset Management Co's value of 60.73 is 2648% above this benchmark. Historically, HDFC Asset Management Co's own 3-Year ROIIC % has ranged from 0.82 to 100.60 over the past decade. While the company's 10-year median is 20.97 vs. the industry median of 2.21, HDFC Asset Management Co 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 an Asset Management company?
The median 3-Year ROIIC % among Asset Management companies is 2.21, based on 653 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. HDFC Asset Management Co's current 3-Year ROIIC % of 60.73 is 2648% 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 HDFC Asset Management Co and its competitors. For the Asset Management industry, the median 3-Year ROIIC % is 2.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HDFC Asset Management Co's current 3-Year ROIIC % is 60.73, which is 190% above median its own 10-year median of 20.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HDFC Asset Management Co stock overvalued right now?
Based on GuruFocus' analysis, HDFC Asset Management Co (NSE:HDFCAMC) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹2,995.81, compared to a current price of ₹2,651.20 — trading 11.5% below its estimated fair value. The current 3-Year ROIIC % is 60.73, which is 190% above median its 10-year median of 20.97 and 2648% above the Asset Management industry median of 2.21. HDFC Asset Management Co's overall GF Score™ is 100/100 with 2 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 HDFC Asset Management Co (NSE:HDFCAMC), the current 3-Year ROIIC % is 60.73 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 HDFC Asset Management Co (NSE:HDFCAMC) Overvalued in 2026?

Based on GuruFocus' analysis, HDFC Asset Management Co stock appears to be undervalued. The current stock price of ₹2,651.20 is trading 11.5% below its estimated GF Value™ of ₹2,995.81. GuruFocus considers HDFC Asset Management Co to be Modestly Undervalued.

Key valuation signals for NSE:HDFCAMC:

  • 3-Year ROIIC %: 60.73 (190% above median its 10-year median of 20.97)
  • GF Value™: ₹2,995.81 vs. price of ₹2,651.20 (11.5% below fair value)
  • GF Score™: 100/100 with 2 warning signs
  • Industry Position: 2648% above the Asset Management median (#106 of 653)

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


HDFC Asset Management Co Business Description

Other Exchanges 541729:India
Address H.T. Parekh Marg, HDFC House, 2nd Floor, 165-166, Backbay Reclamation, Churchgate, Mumbai, MH, IND, 400020
HDFC Asset Management Co Ltd is an asset management company engaged in providing asset management services to HDFC Mutual Fund, Portfolio Management Services, Advisory Services, and Investment Management Services to AIFs. The Group principally generates revenue from providing asset management services to Mutual Funds, Alternative Investment Funds (AIFs), and other clients. The majority of its revenue is derived from within India.
100GF Score

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

₹2,651.20
Price
₹2,995.81
GF Value