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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.
Nuvama Wealth Management's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 6.03%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Nuvama Wealth Management's 3-Year ROIIC % or its related term are showing as below:
NSE:NUVAMA's 3-Year ROIIC % is ranked better than 57.99% of 657
companies
in the Asset Management industry
Industry Median: 1.8
vs NSE:NUVAMA: 6.03
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.
Nuvama Wealth Management 3-Year ROIIC % Related Terms
Nuvama Wealth Management 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.
NSE:NUVAMA vs BLK, BX, KKR: 3-Year ROIIC % Comparison
For the Asset Management subindustry, Nuvama Wealth Management'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.
Nuvama Wealth Management 3-Year ROIIC % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Nuvama Wealth Management's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Nuvama Wealth Management's 3-Year ROIIC % falls into.
Nuvama Wealth Management'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**
=
( -42.36204 (Mar. 2026) - -724.1568 (Mar. 2023) )
/
( 84168.7 (Mar. 2026) - 72864.03 (Mar. 2023) )
=
681.79476
/
11304.67
=
6.03%***
* 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.
Nuvama Wealth Management (NSE:NUVAMA) has a 3-Year ROIIC % of 6.03 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 Nuvama Wealth Management and its competitors. This is near median its historical median of 6.03. Over the past decade, Nuvama Wealth Management's 3-Year ROIIC % has ranged from 6.03 to 6.03. According to the industry distribution chart, Nuvama Wealth Management ranks #276 out of 657 companies in the Asset Management industry, placing it in the top 42%.
Is Nuvama Wealth Management's 3-Year ROIIC % too high?
Nuvama Wealth Management's current 3-Year ROIIC % of 6.03 is near median its 10-year median of 6.03. Over the past 10 years, this metric has ranged from a low of 6.03 to a high of 6.03. The Asset Management industry median 3-Year ROIIC % is 1.80. Nuvama Wealth Management's value of 6.03 is 235% above this industry median. Based on the distribution chart, Nuvama Wealth Management ranks #276 out of 657 companies in the Asset Management industry, which is above the industry midpoint. Overall, Nuvama Wealth Management has a GF Score™ of 28/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nuvama Wealth Management's 3-Year ROIIC % compare to BLK and BX?
According to the Asset Management industry distribution chart, Nuvama Wealth Management ranks #276 out of 657 companies for 3-Year ROIIC %. This puts Nuvama Wealth Management in the upper half of its industry. The industry median 3-Year ROIIC % is 1.80. Nuvama Wealth Management's value of 6.03 is 235% above this benchmark. Historically, Nuvama Wealth Management's own 3-Year ROIIC % has ranged from 6.03 to 6.03 over the past decade. While the company's 10-year median is 6.03 vs. the industry median of 1.80, Nuvama Wealth Management 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 Asset Management company?
The median 3-Year ROIIC % among Asset Management companies is 1.80, based on 657 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. Nuvama Wealth Management's current 3-Year ROIIC % of 6.03 is 235% 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 Nuvama Wealth Management and its competitors. For the Asset Management industry, the median 3-Year ROIIC % is 1.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nuvama Wealth Management's current 3-Year ROIIC % is 6.03, which is near median its own 10-year median of 6.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nuvama Wealth Management stock overvalued right now?
Based on GuruFocus' analysis, Nuvama Wealth Management (NSE:NUVAMA) is currently considered Fairly Valued. The stock's GF Value™ is ₹1,611.45, compared to a current price of ₹1,750.00 — trading 8.6% above its estimated fair value. The current 3-Year ROIIC % is 6.03, which is near median its 10-year median of 6.03 and 235% above the Asset Management industry median of 1.80. Nuvama Wealth Management's overall GF Score™ is 28/100 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 Nuvama Wealth Management (NSE:NUVAMA), the current 3-Year ROIIC % is 6.03 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 Nuvama Wealth Management (NSE:NUVAMA) Overvalued in 2026?
Based on GuruFocus' analysis, Nuvama Wealth Management stock appears to be overvalued.
The current stock price of ₹1,750.00 is trading 8.6% above its estimated GF Value™ of ₹1,611.45.
GuruFocus considers Nuvama Wealth Management to be Fairly Valued.
Key valuation signals for NSE:NUVAMA:
3-Year ROIIC %: 6.03 (near median its 10-year median of 6.03)
GF Value™: ₹1,611.45 vs. price of ₹1,750.00 (8.6% above fair value)
Industry Position: 235% above the Asset Management median (#276 of 657)
No single metric tells the full story. See the NSE:NUVAMA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nuvama Wealth Management Ltd is an India-based wealth management solution provider with a presence across wealth and investment management, institutional securities, and custodial and advisory services. The company's reporting segments are: Wealth Management, Asset Management, and Capital Markets. Maximum revenue is generated from its Wealth Management segment, which is engaged in the distribution of financial products, Investment advisory, lending against securities, and securities broking for clients. The Capital Market business comprises institutional broking business, merchant banking business, advisory, and clearing services, and the Asset management business comprises investment management for alternative investment funds, and portfolio management services (PMS) across strategies.
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