Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Lemon Tree HotelsNSE:LEMONTREE +1.04%81 3-Year ROIIC % is 56.19 as of Mar. 2026, which is 354% above its 10-year median of 12.39. GuruFocus rates NSE:LEMONTREE with a GF Score™ of 81/100 and a GF Value™ of ₹180.75 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 791 Travel & Leisure companies, Lemon Tree Hotels ranks better than 84.83% 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.
Lemon Tree Hotels's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 56.19%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Lemon Tree Hotels's 3-Year ROIIC % or its related term are showing as below:
NSE:LEMONTREE's 3-Year ROIIC % is ranked better than 84.83% of 791
companies
in the Travel & Leisure industry
Industry Median: 3.94
vs NSE:LEMONTREE: 56.19
Lemon Tree Hotels (NSE:LEMONTREE) 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.
Lemon Tree Hotels 3-Year ROIIC % Related Terms
Lemon Tree Hotels 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Lemon Tree Hotels'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:LEMONTREE vs MAR, HLT, H: 3-Year ROIIC % Comparison
For the Lodging subindustry, Lemon Tree Hotels'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.
Lemon Tree Hotels 3-Year ROIIC % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Lemon Tree Hotels's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Lemon Tree Hotels'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.
Lemon Tree Hotels (NSE:LEMONTREE) has a 3-Year ROIIC % of 56.19 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 Lemon Tree Hotels and its competitors. This is 354% above median its historical median of 12.39. According to the industry distribution chart, Lemon Tree Hotels ranks #120 out of 791 companies in the Travel & Leisure industry, placing it in the top 15.2%.
Is Lemon Tree Hotels' 3-Year ROIIC % too high?
Lemon Tree Hotels' current 3-Year ROIIC % of 56.19 is 354% above median its 10-year median of 12.39. The Travel & Leisure industry median 3-Year ROIIC % is 3.94. Lemon Tree Hotels' value of 56.19 is 1326.1% above this industry median. Based on the distribution chart, Lemon Tree Hotels ranks #120 out of 791 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Lemon Tree Hotels has a GF Score™ of 81/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lemon Tree Hotels' 3-Year ROIIC % compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, Lemon Tree Hotels ranks #120 out of 791 companies for 3-Year ROIIC %. This places Lemon Tree Hotels in the top 15% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 3.94. Lemon Tree Hotels' value of 56.19 is 1326.1% above this benchmark. While the company's 10-year median is 12.39 vs. the industry median of 3.94, Lemon Tree Hotels 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 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. Lemon Tree Hotels's current 3-Year ROIIC % of 56.19 is 1326.1% 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 Lemon Tree Hotels 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. Lemon Tree Hotels's current 3-Year ROIIC % is 56.19, which is 354% above median its own 10-year median of 12.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lemon Tree Hotels stock overvalued right now?
Based on GuruFocus' analysis, Lemon Tree Hotels (NSE:LEMONTREE) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹180.75, compared to a current price of ₹110.04 — trading 39.1% below its estimated fair value. The current 3-Year ROIIC % is 56.19, which is 354% above median its 10-year median of 12.39 and 1326.1% above the Travel & Leisure industry median of 3.94. Lemon Tree Hotels' overall GF Score™ is 81/100 with 1 warning sign 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 Lemon Tree Hotels (NSE:LEMONTREE), the current 3-Year ROIIC % is 56.19 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 Lemon Tree Hotels (NSE:LEMONTREE) Overvalued in 2026?
Based on GuruFocus' analysis, Lemon Tree Hotels stock appears to be undervalued.
The current stock price of ₹110.04 is trading 39.1% below its estimated GF Value™ of ₹180.75.
GuruFocus considers Lemon Tree Hotels to be Significantly Undervalued.
Key valuation signals for NSE:LEMONTREE:
3-Year ROIIC %: 56.19 (354% above median its 10-year median of 12.39)
GF Value™: ₹180.75 vs. price of ₹110.04 (39.1% below fair value)
Industry Position: 1326.1% above the Travel & Leisure median (#120 of 791)
No single metric tells the full story. See the NSE:LEMONTREE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lemon Tree Hotels Ltd operates hotels across the upscale, upper-midscale, midscale, and economy segments under seven brands catering to varied guest needs. These include Aurika Hotels and Resorts (upscale), Lemon Tree Premier and Keys Prima (upper-midscale), Lemon Tree Hotels and Keys Select (midscale), and Red Fox and Keys Lite (economy). The company generates revenue by owning, leasing, and managing hotels, earning through room rentals and management commissions. Its operations span metro regions and tier cities across India, with international presence in countries like the United Arab Emirates, Bhutan, and Nepal, focusing on delivering differentiated service and value offerings to a broad customer base.
81GF Score
Get the complete analysis for NSE:LEMONTREE
3-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:LEMONTREE has been successfully added to your 
