MTAR TechnologiesNSE:MTARTECH +2.34%74 3-Year ROIIC % is 0.27 as of Mar. 2026, which is 95% below its 10-year median of 5.59. GuruFocus rates NSE:MTARTECH with a GF Score™ of 74/100 and a GF Value™ of ₹3,414.52 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,937 Industrial Products companies, MTAR Technologies ranks worse than 55.36% 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.
MTAR Technologies's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 0.27%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for MTAR Technologies's 3-Year ROIIC % or its related term are showing as below:
NSE:MTARTECH's 3-Year ROIIC % is ranked worse than 55.36% of 2937
companies
in the Industrial Products industry
Industry Median: 3.36
vs NSE:MTARTECH: 0.27
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.
MTAR Technologies 3-Year ROIIC % Related Terms
MTAR Technologies 3-Year ROIIC % Historical Data
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The historical data trend for MTAR Technologies'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:MTARTECH vs GEV, ETN, PH: 3-Year ROIIC % Comparison
For the Specialty Industrial Machinery subindustry, MTAR Technologies'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.
MTAR Technologies 3-Year ROIIC % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, MTAR Technologies's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where MTAR Technologies'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.
MTAR Technologies (NSE:MTARTECH) has a 3-Year ROIIC % of 0.27 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 MTAR Technologies and its competitors. This is 95% below median its historical median of 5.59. Over the past decade, MTAR Technologies' 3-Year ROIIC % has ranged from 0.27 to 16.83. According to the industry distribution chart, MTAR Technologies ranks #1626 out of 2937 companies in the Industrial Products industry, placing it in the top 55.4%.
Is MTAR Technologies' 3-Year ROIIC % too high?
MTAR Technologies' current 3-Year ROIIC % of 0.27 is 95% below median its 10-year median of 5.59. Over the past 10 years, this metric has ranged from a low of 0.27 to a high of 16.83. The Industrial Products industry median 3-Year ROIIC % is 3.36. MTAR Technologies' value of 0.27 is 92% below this industry median. Based on the distribution chart, MTAR Technologies ranks #1626 out of 2937 companies in the Industrial Products industry, which is below the industry midpoint. Overall, MTAR Technologies has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MTAR Technologies' 3-Year ROIIC % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, MTAR Technologies ranks #1626 out of 2937 companies for 3-Year ROIIC %. This places MTAR Technologies in the lower half of its industry. The industry median 3-Year ROIIC % is 3.36. MTAR Technologies' value of 0.27 is 92% below this benchmark. Historically, MTAR Technologies' own 3-Year ROIIC % has ranged from 0.27 to 16.83 over the past decade. While the company's 10-year median is 5.59 vs. the industry median of 3.36, MTAR Technologies 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 an Industrial Products company?
The median 3-Year ROIIC % among Industrial Products companies is 3.36, based on 2,937 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. MTAR Technologies's current 3-Year ROIIC % of 0.27 is 92% 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 MTAR Technologies and its competitors. For the Industrial Products industry, the median 3-Year ROIIC % is 3.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MTAR Technologies's current 3-Year ROIIC % is 0.27, which is 95% below median its own 10-year median of 5.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MTAR Technologies stock overvalued right now?
Based on GuruFocus' analysis, MTAR Technologies (NSE:MTARTECH) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹3,414.52, compared to a current price of ₹7,101.00 — trading 108% above its estimated fair value. The current 3-Year ROIIC % is 0.27, which is 95% below median its 10-year median of 5.59 and 92% below the Industrial Products industry median of 3.36. MTAR Technologies' overall GF Score™ is 74/100 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 MTAR Technologies (NSE:MTARTECH), the current 3-Year ROIIC % is 0.27 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 MTAR Technologies (NSE:MTARTECH) Overvalued in 2026?
Based on GuruFocus' analysis, MTAR Technologies stock appears to be overvalued.
The current stock price of ₹7,101.00 is trading 108% above its estimated GF Value™ of ₹3,414.52.
GuruFocus considers MTAR Technologies to be Significantly Overvalued.
Key valuation signals for NSE:MTARTECH:
3-Year ROIIC %: 0.27 (95% below median its 10-year median of 5.59)
GF Value™: ₹3,414.52 vs. price of ₹7,101.00 (108% above fair value)
Industry Position: 92% below the Industrial Products median (#1626 of 2937)
No single metric tells the full story. See the NSE:MTARTECH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MTAR Technologies Ltd is a national player in the precision engineering industry. It is engaged in the manufacturing of mission-critical precision components with close tolerance and in critical assemblies through its precision machining, assembly, specialized fabrication, testing, and quality control processes. A wide range of complex product portfolios meets the varied requirements of the Nuclear, Space and Defence, and Clean Energy sector. Geographically, it operates in India as well as Outside India.
74GF Score
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