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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.
Mercantile VenturesNSE:MERCANTILE -1.80%63 3-Year ROIIC % is 4.81 as of Mar. 2026, which is 2572% above its 10-year median of 0.18. GuruFocus rates NSE:MERCANTILE with a GF Score™ of 63/100 and a GF Value™ of ₹37.40 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 1,660 Real Estate companies, Mercantile Ventures ranks better than 61.33% 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.
Mercantile Ventures's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 4.81%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Mercantile Ventures's 3-Year ROIIC % or its related term are showing as below:
NSE:MERCANTILE's 3-Year ROIIC % is ranked better than 61.33% of 1660
companies
in the Real Estate industry
Industry Median: 2.235
vs NSE:MERCANTILE: 4.81
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.
Mercantile Ventures 3-Year ROIIC % Related Terms
Mercantile Ventures 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Mercantile Ventures'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 Real Estate Services subindustry, Mercantile Ventures'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.
Mercantile Ventures 3-Year ROIIC % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Mercantile Ventures's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Mercantile Ventures'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.
Mercantile Ventures (NSE:MERCANTILE) has a 3-Year ROIIC % of 4.81 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 Mercantile Ventures and its competitors. This is 2572% above median its historical median of 0.18. According to the industry distribution chart, Mercantile Ventures ranks #642 out of 1660 companies in the Real Estate industry, placing it in the top 38.7%.
Is Mercantile Ventures' 3-Year ROIIC % too high?
Mercantile Ventures' current 3-Year ROIIC % of 4.81 is 2572% above median its 10-year median of 0.18. The Real Estate industry median 3-Year ROIIC % is 2.24. Mercantile Ventures' value of 4.81 is 115.2% above this industry median. Based on the distribution chart, Mercantile Ventures ranks #642 out of 1660 companies in the Real Estate industry, which is above the industry midpoint. Overall, Mercantile Ventures has a GF Score™ of 63/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mercantile Ventures' 3-Year ROIIC % compare to ?
According to the Real Estate industry distribution chart, Mercantile Ventures ranks #642 out of 1660 companies for 3-Year ROIIC %. This puts Mercantile Ventures in the upper half of its industry. The industry median 3-Year ROIIC % is 2.24. Mercantile Ventures' value of 4.81 is 115.2% above this benchmark. While the company's 10-year median is 0.18 vs. the industry median of 2.24, Mercantile Ventures 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 Real Estate company?
The median 3-Year ROIIC % among Real Estate companies is 2.24, based on 1,660 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. Mercantile Ventures's current 3-Year ROIIC % of 4.81 is 115.2% 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 Mercantile Ventures and its competitors. For the Real Estate industry, the median 3-Year ROIIC % is 2.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mercantile Ventures's current 3-Year ROIIC % is 4.81, which is 2572% above median its own 10-year median of 0.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mercantile Ventures stock overvalued right now?
Based on GuruFocus' analysis, Mercantile Ventures (NSE:MERCANTILE) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹37.40, compared to a current price of ₹24.05 — trading 35.7% below its estimated fair value. The current 3-Year ROIIC % is 4.81, which is 2572% above median its 10-year median of 0.18 and 115.2% above the Real Estate industry median of 2.24. Mercantile Ventures' overall GF Score™ is 63/100 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 Mercantile Ventures (NSE:MERCANTILE), the current 3-Year ROIIC % is 4.81 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 Mercantile Ventures (NSE:MERCANTILE) Overvalued in 2026?
Based on GuruFocus' analysis, Mercantile Ventures stock appears to be undervalued.
The current stock price of ₹24.05 is trading 35.7% below its estimated GF Value™ of ₹37.40.
GuruFocus considers Mercantile Ventures to be Significantly Undervalued.
Key valuation signals for NSE:MERCANTILE:
3-Year ROIIC %: 4.81 (2572% above median its 10-year median of 0.18)
GF Value™: ₹37.40 vs. price of ₹24.05 (35.7% below fair value)
Industry Position: 115.2% above the Real Estate median (#642 of 1660)
No single metric tells the full story. See the NSE:MERCANTILE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mercantile Ventures Ltd operates as a property management company in India. The company is engaged in the business of leasing of properties and manpower supply services. The Company operates in one primary business segment: Sale of Services that includes the provision of Renting of property and related services, Manpower supply services, and Facilities management services. The revenue under this segment is derived from contracts for rental and related services provided to clients. The company generates the majority of its revenue from Manpower Services.
63GF Score
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