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Le Travenues TechnologyNSE:IXIGO -1.18%40 3-Year ROIIC % is 2.11 as of Mar. 2026, which is 73% below its 10-year median of 7.89. GuruFocus rates NSE:IXIGO with a GF Score™ of 40/100. The stock has 2 warning signs investors should review. Among 791 Travel & Leisure companies, Le Travenues Technology ranks worse than 53.48% 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.
Le Travenues Technology's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 2.11%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Le Travenues Technology's 3-Year ROIIC % or its related term are showing as below:
NSE:IXIGO's 3-Year ROIIC % is ranked worse than 53.48% of 791
companies
in the Travel & Leisure industry
Industry Median: 3.94
vs NSE:IXIGO: 2.11
Le Travenues Technology (NSE:IXIGO) 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.
Le Travenues Technology 3-Year ROIIC % Related Terms
Le Travenues Technology 3-Year ROIIC % Historical Data
* 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:IXIGO vs BKNG, ABNB, RCL: 3-Year ROIIC % Comparison
For the Travel Services subindustry, Le Travenues Technology'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.
Le Travenues Technology 3-Year ROIIC % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Le Travenues Technology's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Le Travenues Technology's 3-Year ROIIC % falls into.
Le Travenues Technology 3-Year ROIIC % Calculation
Le Travenues Technology'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**
=
( 468.112905 (Mar. 2026) - 225.42 (Mar. 2023) )
/
( 15436.05 (Mar. 2026) - 3923.79 (Mar. 2023) )
=
242.692905
/
11512.26
=
2.11%***
* 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.
Le Travenues Technology (NSE:IXIGO) has a 3-Year ROIIC % of 2.11 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 Le Travenues Technology and its competitors. This is 73% below median its historical median of 7.89. Over the past decade, Le Travenues Technology's 3-Year ROIIC % has ranged from 2.11 to 110.00. According to the industry distribution chart, Le Travenues Technology ranks #423 out of 791 companies in the Travel & Leisure industry, placing it in the top 53.5%.
Is Le Travenues Technology's 3-Year ROIIC % too high?
Le Travenues Technology's current 3-Year ROIIC % of 2.11 is 73% below median its 10-year median of 7.89. Over the past 10 years, this metric has ranged from a low of 2.11 to a high of 110.00. The Travel & Leisure industry median 3-Year ROIIC % is 3.94. Le Travenues Technology's value of 2.11 is 46.4% below this industry median. Based on the distribution chart, Le Travenues Technology ranks #423 out of 791 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Le Travenues Technology has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does Le Travenues Technology's 3-Year ROIIC % compare to BKNG and ABNB?
According to the Travel & Leisure industry distribution chart, Le Travenues Technology ranks #423 out of 791 companies for 3-Year ROIIC %. This places Le Travenues Technology in the lower half of its industry. The industry median 3-Year ROIIC % is 3.94. Le Travenues Technology's value of 2.11 is 46.4% below this benchmark. Historically, Le Travenues Technology's own 3-Year ROIIC % has ranged from 2.11 to 110.00 over the past decade. While the company's 10-year median is 7.89 vs. the industry median of 3.94, Le Travenues Technology 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 Travel & Leisure company?
The median 3-Year ROIIC % among Travel & Leisure companies is 3.94, based on 791 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. Le Travenues Technology's current 3-Year ROIIC % of 2.11 is 46.4% 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 Le Travenues Technology and its competitors. For the Travel & Leisure industry, the median 3-Year ROIIC % is 3.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Le Travenues Technology's current 3-Year ROIIC % is 2.11, which is 73% below median its own 10-year median of 7.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Le Travenues Technology stock overvalued right now?
Le Travenues Technology (NSE:IXIGO) has a current 3-Year ROIIC % of 2.11. The current 3-Year ROIIC % is 2.11, which is 73% below median its 10-year median of 7.89 and 46.4% below the Travel & Leisure industry median of 3.94. Le Travenues Technology's overall GF Score™ is 40/100 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 Le Travenues Technology (NSE:IXIGO), the current 3-Year ROIIC % is 2.11 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.
Le Travenues Technology Ltd is a technology company focused on empowering Indian travelers to plan, book, and manage their trips across rail, air, buses, and hotels. It assists travelers in making smarter travel decisions by leveraging artificial intelligence, machine learning, and data science-led innovations on the OTA platforms, comprising its websites and mobile applications. The company's reportable segments include Flight, Train, Bus, and Other services. Maximum revenue is generated from its Train ticketing services followed by the Flight and other segments. Geographically, it predominantly provides services to customers in India.
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