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Pitti EngineeringNSE:PITTIENG -0.08%90 3-Year ROIIC % is 5.27 as of Mar. 2026, which is 64% below its 10-year median of 14.62. GuruFocus rates NSE:PITTIENG with a GF Score™ of 90/100 and a GF Value™ of ₹1,142.01 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 2,933 Industrial Products companies, Pitti Engineering ranks better than 53.46% 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.
Pitti Engineering's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 5.27%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Pitti Engineering's 3-Year ROIIC % or its related term are showing as below:
NSE:PITTIENG's 3-Year ROIIC % is ranked better than 53.46% of 2933
companies
in the Industrial Products industry
Industry Median: 3.47
vs NSE:PITTIENG: 5.27
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.
Pitti Engineering 3-Year ROIIC % Related Terms
Pitti Engineering 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Pitti Engineering'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:PITTIENG vs CRS, ATI, MLI: 3-Year ROIIC % Comparison
For the Metal Fabrication subindustry, Pitti Engineering'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.
Pitti Engineering 3-Year ROIIC % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Pitti Engineering's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Pitti Engineering'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.
Pitti Engineering (NSE:PITTIENG) has a 3-Year ROIIC % of 5.27 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 Pitti Engineering and its competitors. This is 64% below median its historical median of 14.62. Over the past decade, Pitti Engineering's 3-Year ROIIC % has ranged from 0.22 to 24.66. According to the industry distribution chart, Pitti Engineering ranks #1365 out of 2933 companies in the Industrial Products industry, placing it in the top 46.5%.
Is Pitti Engineering's 3-Year ROIIC % too high?
Pitti Engineering's current 3-Year ROIIC % of 5.27 is 64% below median its 10-year median of 14.62. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 24.66. The Industrial Products industry median 3-Year ROIIC % is 3.47. Pitti Engineering's value of 5.27 is 51.9% above this industry median. Based on the distribution chart, Pitti Engineering ranks #1365 out of 2933 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Pitti Engineering has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Pitti Engineering's 3-Year ROIIC % compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Pitti Engineering ranks #1365 out of 2933 companies for 3-Year ROIIC %. This puts Pitti Engineering in the upper half of its industry. The industry median 3-Year ROIIC % is 3.47. Pitti Engineering's value of 5.27 is 51.9% above this benchmark. Historically, Pitti Engineering's own 3-Year ROIIC % has ranged from 0.22 to 24.66 over the past decade. While the company's 10-year median is 14.62 vs. the industry median of 3.47, Pitti Engineering 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 3.47, based on 2,933 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. Pitti Engineering's current 3-Year ROIIC % of 5.27 is 51.9% 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 Pitti Engineering and its competitors. For the Industrial Products industry, the median 3-Year ROIIC % is 3.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pitti Engineering's current 3-Year ROIIC % is 5.27, which is 64% below median its own 10-year median of 14.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pitti Engineering stock overvalued right now?
Based on GuruFocus' analysis, Pitti Engineering (NSE:PITTIENG) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹1,142.01, compared to a current price of ₹927.70 — trading 18.8% below its estimated fair value. The current 3-Year ROIIC % is 5.27, which is 64% below median its 10-year median of 14.62 and 51.9% above the Industrial Products industry median of 3.47. Pitti Engineering's overall GF Score™ is 90/100 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 Pitti Engineering (NSE:PITTIENG), the current 3-Year ROIIC % is 5.27 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 Pitti Engineering (NSE:PITTIENG) Overvalued in 2026?
Based on GuruFocus' analysis, Pitti Engineering stock appears to be undervalued.
The current stock price of ₹927.70 is trading 18.8% below its estimated GF Value™ of ₹1,142.01.
GuruFocus considers Pitti Engineering to be Modestly Undervalued.
Key valuation signals for NSE:PITTIENG:
3-Year ROIIC %: 5.27 (64% below median its 10-year median of 14.62)
GF Value™: ₹1,142.01 vs. price of ₹927.70 (18.8% below fair value)
Industry Position: 51.9% above the Industrial Products median (#1365 of 2933)
No single metric tells the full story. See the NSE:PITTIENG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pitti Engineering Ltd is engaged in the manufacturing of engineering products of iron and steel including castings, electrical steel laminations stator & rotor core assemblies sub-assemblies pole assemblies die-cast rotors press tools and high precision machining of various metal components. The company's products have applications in industrial motors, alternators, hydroelectric and thermal power generators, wind power generators, DC machines, railway traction motors, pumps, medical diagnostic equipment, and aeronautic wing control motors. It sells its products both in domestic and international markets and generates maximum revenue from India.
90GF Score
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