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Parin EnterprisesNSE:PARIN -0.47%85 3-Year ROIIC % is 8.78 as of Mar. 2026, which is 25% above its 10-year median of 7.05. GuruFocus rates NSE:PARIN with a GF Score™ of 85/100 and a GF Value™ of ₹652.05 (Fairly Valued). The stock has 7 warning signs investors should review. Among 410 Furnishings, Fixtures & Appliances companies, Parin Enterprises ranks better than 57.8% 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.
Parin Enterprises's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 8.78%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Parin Enterprises's 3-Year ROIIC % or its related term are showing as below:
NSE:PARIN's 3-Year ROIIC % is ranked better than 57.8% of 410
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 2.3
vs NSE:PARIN: 8.78
Parin Enterprises (NSE:PARIN) 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.
Parin Enterprises 3-Year ROIIC % Related Terms
Parin Enterprises 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Parin Enterprises'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:PARIN vs SN, SGI, MHK: 3-Year ROIIC % Comparison
For the Furnishings, Fixtures & Appliances subindustry, Parin Enterprises'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.
Parin Enterprises 3-Year ROIIC % vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Parin Enterprises's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Parin Enterprises'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.
Parin Enterprises (NSE:PARIN) has a 3-Year ROIIC % of 8.78 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 Parin Enterprises and its competitors. This is 25% above median its historical median of 7.05. According to the industry distribution chart, Parin Enterprises ranks #173 out of 410 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 42.2%.
Is Parin Enterprises' 3-Year ROIIC % too high?
Parin Enterprises' current 3-Year ROIIC % of 8.78 is 25% above median its 10-year median of 7.05. The Furnishings, Fixtures & Appliances industry median 3-Year ROIIC % is 2.30. Parin Enterprises' value of 8.78 is 281.7% above this industry median. Based on the distribution chart, Parin Enterprises ranks #173 out of 410 companies in the Furnishings, Fixtures & Appliances industry, which is above the industry midpoint. Overall, Parin Enterprises has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Parin Enterprises' 3-Year ROIIC % compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Parin Enterprises ranks #173 out of 410 companies for 3-Year ROIIC %. This puts Parin Enterprises in the upper half of its industry. The industry median 3-Year ROIIC % is 2.30. Parin Enterprises' value of 8.78 is 281.7% above this benchmark. While the company's 10-year median is 7.05 vs. the industry median of 2.30, Parin Enterprises 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 Furnishings, Fixtures & Appliances company?
The median 3-Year ROIIC % among Furnishings, Fixtures & Appliances companies is 2.30, based on 410 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. Parin Enterprises's current 3-Year ROIIC % of 8.78 is 281.7% 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 Parin Enterprises and its competitors. For the Furnishings, Fixtures & Appliances industry, the median 3-Year ROIIC % is 2.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Parin Enterprises's current 3-Year ROIIC % is 8.78, which is 25% above median its own 10-year median of 7.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Parin Enterprises stock overvalued right now?
Based on GuruFocus' analysis, Parin Enterprises (NSE:PARIN) is currently considered Fairly Valued. The stock's GF Value™ is ₹652.05, compared to a current price of ₹697.95 — trading 7% above its estimated fair value. The current 3-Year ROIIC % is 8.78, which is 25% above median its 10-year median of 7.05 and 281.7% above the Furnishings, Fixtures & Appliances industry median of 2.30. Parin Enterprises' overall GF Score™ is 85/100 with 7 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 Parin Enterprises (NSE:PARIN), the current 3-Year ROIIC % is 8.78 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 Parin Enterprises (NSE:PARIN) Overvalued in 2026?
Based on GuruFocus' analysis, Parin Enterprises stock appears to be overvalued.
The current stock price of ₹697.95 is trading 7% above its estimated GF Value™ of ₹652.05.
GuruFocus considers Parin Enterprises to be Fairly Valued.
Key valuation signals for NSE:PARIN:
3-Year ROIIC %: 8.78 (25% above median its 10-year median of 7.05)
GF Value™: ₹652.05 vs. price of ₹697.95 (7% above fair value)
Industry Position: 281.7% above the Furnishings, Fixtures & Appliances median (#173 of 410)
No single metric tells the full story. See the NSE:PARIN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Parin Enterprises Ltd formerly, Parin Furniture Ltd is engaged in manufacturing furniture, fixtures & related items. The company offers home furniture, office furniture, hospital furniture, educational furniture, and Institutional furniture. It generates its revenue from the sale of furniture products and interest income. The company is based in Rajkot with its presence at Rajkot, Ahmedabad, Surat, Mumbai, Kolkata, Junagadh, Mehsana, Kodinar, and Bhubaneshwar. It is spread across a wide area and includes different units such as procurement, designing, quality control, warehousing & packaging, etc.
85GF Score
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