Indo Borax & ChemicalsNSE:INDOBORAX +4.65%76 3-Year ROIIC % is 28.98 as of Mar. 2026, which is 17% above its 10-year median of 24.86. GuruFocus rates NSE:INDOBORAX with a GF Score™ of 76/100 and a GF Value™ of ₹218.45 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,522 Chemicals companies, Indo Borax & Chemicals ranks better than 82.19% 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.
Indo Borax & Chemicals's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 28.98%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Indo Borax & Chemicals's 3-Year ROIIC % or its related term are showing as below:
NSE:INDOBORAX's 3-Year ROIIC % is ranked better than 82.19% of 1522
companies
in the Chemicals industry
Industry Median: -0.04
vs NSE:INDOBORAX: 28.98
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.
Indo Borax & Chemicals 3-Year ROIIC % Related Terms
Indo Borax & Chemicals 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Indo Borax & Chemicals'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.
For the Chemicals subindustry, Indo Borax & Chemicals'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.
Indo Borax & Chemicals 3-Year ROIIC % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Indo Borax & Chemicals's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Indo Borax & Chemicals'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.
Indo Borax & Chemicals (NSE:INDOBORAX) has a 3-Year ROIIC % of 28.98 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 Indo Borax & Chemicals and its competitors. This is 17% above median its historical median of 24.86. According to the industry distribution chart, Indo Borax & Chemicals ranks #271 out of 1522 companies in the Chemicals industry, placing it in the top 17.8%.
Is Indo Borax & Chemicals' 3-Year ROIIC % too high?
Indo Borax & Chemicals' current 3-Year ROIIC % of 28.98 is 17% above median its 10-year median of 24.86. Based on the distribution chart, Indo Borax & Chemicals ranks #271 out of 1522 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Indo Borax & Chemicals has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Indo Borax & Chemicals' 3-Year ROIIC % compare to DOW?
According to the Chemicals industry distribution chart, Indo Borax & Chemicals ranks #271 out of 1522 companies for 3-Year ROIIC %. This places Indo Borax & Chemicals in the top 18% 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 a Chemicals company?
A good 3-Year ROIIC % depends on the Chemicals 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 Indo Borax & Chemicals and its competitors. Indo Borax & Chemicals's current 3-Year ROIIC % is 28.98, which is 17% above median its own 10-year median of 24.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indo Borax & Chemicals stock overvalued right now?
Based on GuruFocus' analysis, Indo Borax & Chemicals (NSE:INDOBORAX) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹218.45, compared to a current price of ₹453.80 — trading 107.7% above its estimated fair value. The current 3-Year ROIIC % is 28.98, which is 17% above median its 10-year median of 24.86. Indo Borax & Chemicals' overall GF Score™ is 76/100 with 9 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 Indo Borax & Chemicals (NSE:INDOBORAX), the current 3-Year ROIIC % is 28.98 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 Indo Borax & Chemicals (NSE:INDOBORAX) Overvalued in 2026?
Based on GuruFocus' analysis, Indo Borax & Chemicals stock appears to be overvalued.
The current stock price of ₹453.80 is trading 107.7% above its estimated GF Value™ of ₹218.45.
GuruFocus considers Indo Borax & Chemicals to be Significantly Overvalued.
Key valuation signals for NSE:INDOBORAX:
3-Year ROIIC %: 28.98 (17% above median its 10-year median of 24.86)
GF Value™: ₹218.45 vs. price of ₹453.80 (107.7% above fair value)
No single metric tells the full story. See the NSE:INDOBORAX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Indo Borax & Chemicals Ltd is engaged in the manufacturing and selling of chemical products. The company's product offerings include Boric acid powder, Boric acid granular, Boric acid, Borax decahydrate granular and Borax decahydrate crystal. The company is operating in a single reportable segment i.e. manufacturing and selling of Chemicals. Its products Boric acid powder has applications in metallurgical operation, electroplating industry, nylon dyeing, nylon manufacturing and agricultural use. It derives revenues from the sale of manufactured goods, traded goods and related services.
76GF Score
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