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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.
Hindustan Petroleum's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 74.35%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Hindustan Petroleum's 3-Year ROIIC % or its related term are showing as below:
NSE:HINDPETRO's 3-Year ROIIC % is ranked better than 89.06% of 932
companies
in the Oil & Gas industry
Industry Median: -0.085
vs NSE:HINDPETRO: 74.35
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.
Hindustan Petroleum 3-Year ROIIC % Related Terms
Hindustan Petroleum 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Hindustan Petroleum'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:HINDPETRO vs MPC, VLO, PSX: 3-Year ROIIC % Comparison
For the Oil & Gas Refining & Marketing subindustry, Hindustan Petroleum'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.
Hindustan Petroleum 3-Year ROIIC % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Hindustan Petroleum's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Hindustan Petroleum'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.
Hindustan Petroleum (NSE:HINDPETRO) has a 3-Year ROIIC % of 74.35 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 Hindustan Petroleum and its competitors. This is 1727% above median its historical median of 4.07. According to the industry distribution chart, Hindustan Petroleum ranks #102 out of 932 companies in the Oil & Gas industry, placing it in the top 10.9%.
Is Hindustan Petroleum's 3-Year ROIIC % too high?
Hindustan Petroleum's current 3-Year ROIIC % of 74.35 is 1727% above median its 10-year median of 4.07. Based on the distribution chart, Hindustan Petroleum ranks #102 out of 932 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Hindustan Petroleum has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hindustan Petroleum's 3-Year ROIIC % compare to MPC and VLO?
According to the Oil & Gas industry distribution chart, Hindustan Petroleum ranks #102 out of 932 companies for 3-Year ROIIC %. This places Hindustan Petroleum in the top 11% of its industry — outperforming the majority of peers. 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 Oil & Gas company?
A good 3-Year ROIIC % depends on the Oil & Gas industry context. 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 Hindustan Petroleum and its competitors. Hindustan Petroleum's current 3-Year ROIIC % is 74.35, which is 1727% above median its own 10-year median of 4.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hindustan Petroleum stock overvalued right now?
Based on GuruFocus' analysis, Hindustan Petroleum (NSE:HINDPETRO) is currently considered Fairly Valued. The stock's GF Value™ is ₹410.79, compared to a current price of ₹393.15 — trading 4.3% below its estimated fair value. The current 3-Year ROIIC % is 74.35, which is 1727% above median its 10-year median of 4.07. Hindustan Petroleum's overall GF Score™ is 70/100 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 Hindustan Petroleum (NSE:HINDPETRO), the current 3-Year ROIIC % is 74.35 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 Hindustan Petroleum (NSE:HINDPETRO) Overvalued in 2026?
Based on GuruFocus' analysis, Hindustan Petroleum stock appears to be undervalued.
The current stock price of ₹393.15 is trading 4.3% below its estimated GF Value™ of ₹410.79.
GuruFocus considers Hindustan Petroleum to be Fairly Valued.
Key valuation signals for NSE:HINDPETRO:
3-Year ROIIC %: 74.35 (1727% above median its 10-year median of 4.07)
GF Value™: ₹410.79 vs. price of ₹393.15 (4.3% below fair value)
No single metric tells the full story. See the NSE:HINDPETRO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hindustan Petroleum Corp Ltd. (HPCL) is an Indian government enterprise that refines crude oil and manufactures petroleum-based products. The company operates a diverse group of refineries that process several grades of lubes, specialties, and greases along with a variety of petroleum products. HPCL also controls an extensive network of pipelines in India that transport a variety of hydrocarbon-based products. In tandem with its host of pipelines, marketing and distribution efforts are carried out through a group of terminals, service stations, bottling plants, marketing offices, and other facilities. Hindustan's products are sold throughout India. The business is divided into downstream and other operations, with downstream activities generating the maximum revenue.
70GF Score
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