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Mangal Electrical IndustriesNSE:MEIL +0.25%19 3-Year ROIIC % is 3.89 as of Mar. 2026, which is 76% below its 10-year median of 16.39. GuruFocus rates NSE:MEIL with a GF Score™ of 19/100. The stock has 4 warning signs investors should review. Among 2,932 Industrial Products companies, Mangal Electrical Industries ranks better than 51.06% 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.
Mangal Electrical Industries's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 3.89%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
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.
Mangal Electrical Industries 3-Year ROIIC % Related Terms
Mangal Electrical Industries 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.
For the Electrical Equipment & Parts subindustry, Mangal Electrical Industries'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.
Mangal Electrical Industries 3-Year ROIIC % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Mangal Electrical Industries's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Mangal Electrical Industries'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.
Mangal Electrical Industries (NSE:MEIL) has a 3-Year ROIIC % of 3.89 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 Mangal Electrical Industries and its competitors. This is 76% below median its historical median of 16.39. Over the past decade, Mangal Electrical Industries' 3-Year ROIIC % has ranged from 3.89 to 28.89. According to the industry distribution chart, Mangal Electrical Industries ranks #1435 out of 2932 companies in the Industrial Products industry, placing it in the top 48.9%.
Is Mangal Electrical Industries' 3-Year ROIIC % too high?
Mangal Electrical Industries' current 3-Year ROIIC % of 3.89 is 76% below median its 10-year median of 16.39. Over the past 10 years, this metric has ranged from a low of 3.89 to a high of 28.89. The Industrial Products industry median 3-Year ROIIC % is 3.43. Mangal Electrical Industries' value of 3.89 is 13.6% above this industry median. Based on the distribution chart, Mangal Electrical Industries ranks #1435 out of 2932 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Mangal Electrical Industries has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Mangal Electrical Industries' 3-Year ROIIC % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Mangal Electrical Industries ranks #1435 out of 2932 companies for 3-Year ROIIC %. This puts Mangal Electrical Industries in the upper half of its industry. The industry median 3-Year ROIIC % is 3.43. Mangal Electrical Industries' value of 3.89 is 13.6% above this benchmark. Historically, Mangal Electrical Industries' own 3-Year ROIIC % has ranged from 3.89 to 28.89 over the past decade. While the company's 10-year median is 16.39 vs. the industry median of 3.43, Mangal Electrical Industries 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 an Industrial Products company?
The median 3-Year ROIIC % among Industrial Products companies is 3.43, based on 2,932 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. Mangal Electrical Industries's current 3-Year ROIIC % of 3.89 is 13.6% 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 Mangal Electrical Industries and its competitors. For the Industrial Products industry, the median 3-Year ROIIC % is 3.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mangal Electrical Industries's current 3-Year ROIIC % is 3.89, which is 76% below median its own 10-year median of 16.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mangal Electrical Industries stock overvalued right now?
Mangal Electrical Industries (NSE:MEIL) has a current 3-Year ROIIC % of 3.89. The current 3-Year ROIIC % is 3.89, which is 76% below median its 10-year median of 16.39 and 13.6% above the Industrial Products industry median of 3.43. Mangal Electrical Industries' overall GF Score™ is 19/100 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 Mangal Electrical Industries (NSE:MEIL), the current 3-Year ROIIC % is 3.89 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.
Mangal Electrical Industries Ltd is mainly involved in the manufacturing of electrical transformers, CRGO, electrical accessories, and related items, and also executes EPC contracts involving electrical items. The company specializes in processing transformer components such as transformer laminations, CRGO slit coils, amorphous cores, coil and core assemblies, wound and toroidal cores, and oil-immersed circuit breakers. It also trades in CRGO and CRNO coils and amorphous ribbons. Additionally, the company manufactures transformers and customized products for the power infrastructure industry, with a range spanning from single-phase 5 KVA to three-phase 10 MVA units, and provides EPC services for setting up electrical substations serving the power sector.
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