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Laxmi DentalNSE:LAXMIDENTL +0.28%16 3-Year ROIIC % is 24.31 as of Mar. 2026, which is 24% below its 10-year median of 31.94. GuruFocus rates NSE:LAXMIDENTL with a GF Score™ of 16/100. The stock has 4 warning signs investors should review. Among 796 Medical Devices & Instruments companies, Laxmi Dental ranks better than 73.37% 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.
Laxmi Dental's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 24.31%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Laxmi Dental's 3-Year ROIIC % or its related term are showing as below:
NSE:LAXMIDENTL's 3-Year ROIIC % is ranked better than 73.37% of 796
companies
in the Medical Devices & Instruments industry
Industry Median: 1.52
vs NSE:LAXMIDENTL: 24.31
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.
Laxmi Dental 3-Year ROIIC % Related Terms
Laxmi Dental 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Laxmi Dental'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:LAXMIDENTL vs ISRG, BDX, MDLN: 3-Year ROIIC % Comparison
For the Medical Instruments & Supplies subindustry, Laxmi Dental'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.
Laxmi Dental 3-Year ROIIC % vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Laxmi Dental's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Laxmi Dental's 3-Year ROIIC % falls into.
Laxmi Dental'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**
=
( 251.495925 (Mar. 2026) - 2.23 (Mar. 2023) )
/
( 1792.48 (Mar. 2026) - 767.18 (Mar. 2023) )
=
249.265925
/
1025.3
=
24.31%***
* 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.
Laxmi Dental (NSE:LAXMIDENTL) has a 3-Year ROIIC % of 24.31 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 Laxmi Dental and its competitors. This is 24% below median its historical median of 31.94. Over the past decade, Laxmi Dental's 3-Year ROIIC % has ranged from 24.31 to 39.56. According to the industry distribution chart, Laxmi Dental ranks #212 out of 796 companies in the Medical Devices & Instruments industry, placing it in the top 26.6%.
Is Laxmi Dental's 3-Year ROIIC % too high?
Laxmi Dental's current 3-Year ROIIC % of 24.31 is 24% below median its 10-year median of 31.94. Over the past 10 years, this metric has ranged from a low of 24.31 to a high of 39.56. The Medical Devices & Instruments industry median 3-Year ROIIC % is 1.52. Laxmi Dental's value of 24.31 is 1499.3% above this industry median. Based on the distribution chart, Laxmi Dental ranks #212 out of 796 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, Laxmi Dental has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Laxmi Dental's 3-Year ROIIC % compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Laxmi Dental ranks #212 out of 796 companies for 3-Year ROIIC %. This puts Laxmi Dental in the upper half of its industry. The industry median 3-Year ROIIC % is 1.52. Laxmi Dental's value of 24.31 is 1499.3% above this benchmark. Historically, Laxmi Dental's own 3-Year ROIIC % has ranged from 24.31 to 39.56 over the past decade. While the company's 10-year median is 31.94 vs. the industry median of 1.52, Laxmi Dental 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 a Medical Devices & Instruments company?
The median 3-Year ROIIC % among Medical Devices & Instruments companies is 1.52, based on 796 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. Laxmi Dental's current 3-Year ROIIC % of 24.31 is 1499.3% 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 Laxmi Dental and its competitors. For the Medical Devices & Instruments industry, the median 3-Year ROIIC % is 1.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Laxmi Dental's current 3-Year ROIIC % is 24.31, which is 24% below median its own 10-year median of 31.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Laxmi Dental stock overvalued right now?
Laxmi Dental (NSE:LAXMIDENTL) has a current 3-Year ROIIC % of 24.31. The current 3-Year ROIIC % is 24.31, which is 24% below median its 10-year median of 31.94 and 1499.3% above the Medical Devices & Instruments industry median of 1.52. Laxmi Dental's overall GF Score™ is 16/100 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 Laxmi Dental (NSE:LAXMIDENTL), the current 3-Year ROIIC % is 24.31 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.
Laxmi Dental Ltd is an end-to-end integrated dental products company. Its products include custom-made crowns and bridges, branded dental products such as clear aligners, thermoforming sheets, and aligner-related products as a part of aligner solutions, and paediatric dental products. The Group has three reportable segments: Laboratory Business segment comprises dental prostheses, such as metal-free crowns & bridges, Porcelain Fused to Metal (PFM) Crowns and Bridges, and Dentures. The Aligners Business segment comprises dental aligners, Retainers, Raw Materials for Aligners, Sport Guards, Night Guards, and Sleep Apnea Devices. The Other Business segment comprises Dental distribution products used in Dental Laboratory, Dental Clinical Services, and Dental Educational Courses.
16GF Score
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