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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.
HI-Green Carbon's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was -6.19%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for HI-Green Carbon's 3-Year ROIIC % or its related term are showing as below:
NSE:HIGREEN's 3-Year ROIIC % is ranked worse than 61.35% of 1529
companies
in the Chemicals industry
Industry Median: 0.02
vs NSE:HIGREEN: -6.19
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.
HI-Green Carbon 3-Year ROIIC % Related Terms
HI-Green Carbon 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for HI-Green Carbon'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:HIGREEN vs LIN, SHW, ECL: 3-Year ROIIC % Comparison
For the Specialty Chemicals subindustry, HI-Green Carbon'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.
HI-Green Carbon 3-Year ROIIC % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, HI-Green Carbon's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where HI-Green Carbon's 3-Year ROIIC % falls into.
* 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.
HI-Green Carbon (NSE:HIGREEN) has a 3-Year ROIIC % of -6.19 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 HI-Green Carbon and its competitors. According to the industry distribution chart, HI-Green Carbon ranks #938 out of 1529 companies in the Chemicals industry, placing it in the top 61.3%.
Is HI-Green Carbon's 3-Year ROIIC % too high?
HI-Green Carbon's current 3-Year ROIIC % is -6.19. Based on the distribution chart, HI-Green Carbon ranks #938 out of 1529 companies in the Chemicals industry, which is below the industry midpoint. Overall, HI-Green Carbon has a GF Score™ of 58/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does HI-Green Carbon's 3-Year ROIIC % compare to LIN and SHW?
According to the Chemicals industry distribution chart, HI-Green Carbon ranks #938 out of 1529 companies for 3-Year ROIIC %. This places HI-Green Carbon in the lower half of its industry. The industry median 3-Year ROIIC % is 0.02. 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 Chemicals company?
The median 3-Year ROIIC % among Chemicals companies is 0.02, based on 1,529 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. 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 HI-Green Carbon and its competitors. For the Chemicals industry, the median 3-Year ROIIC % is 0.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HI-Green Carbon's current 3-Year ROIIC % is -6.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HI-Green Carbon stock overvalued right now?
Based on GuruFocus' analysis, HI-Green Carbon (NSE:HIGREEN) is currently considered Possible Value Trap. The stock's GF Value™ is ₹338.83, compared to a current price of ₹122.55 — trading 63.8% below its estimated fair value. The current 3-Year ROIIC % is -6.19. HI-Green Carbon's overall GF Score™ is 58/100 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 HI-Green Carbon (NSE:HIGREEN), the current 3-Year ROIIC % is -6.19 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 HI-Green Carbon (NSE:HIGREEN) Overvalued in 2026?
Based on GuruFocus' analysis, HI-Green Carbon stock appears to be undervalued.
The current stock price of ₹122.55 is trading 63.8% below its estimated GF Value™ of ₹338.83.
GuruFocus considers HI-Green Carbon to be Possible Value Trap.
Key valuation signals for NSE:HIGREEN:
3-Year ROIIC %: -6.19
GF Value™: ₹338.83 vs. price of ₹122.55 (63.8% below fair value)
No single metric tells the full story. See the NSE:HIGREEN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hi-Green Carbon Ltd is engaged in the business of recycling waste tires using a continuous pyrolysis process at its manufacturing plant in Rajasthan, India. The process produces energy components and raw materials such as Recovered Carbon Black (rCB), steel wires, fuel oil, and synthesis gas. The company operates an integrated, automated plant with a capacity to recycle tons of waste tires per day and adheres to various environmental, health, safety, and quality certifications. Hi-Green Carbon is expanding its production capacity with plans for new manufacturing units to enhance production and sustainability efforts. Revenue comes from the sale of these recycled products and by-products.
58GF Score
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