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Prakash SteelageNSE:PRAKASHSTL 73 3-Year ROIIC % is 11.12 as of Mar. 2026, which is 3734% above its 10-year median of 0.29. GuruFocus rates NSE:PRAKASHSTL with a GF Score™ of 73/100 and a GF Value™ of ₹6.93 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 605 Steel companies, Prakash Steelage ranks better than 70.41% 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.
Prakash Steelage's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 11.12%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Prakash Steelage's 3-Year ROIIC % or its related term are showing as below:
NSE:PRAKASHSTL's 3-Year ROIIC % is ranked better than 70.41% of 605
companies
in the Steel industry
Industry Median: -0.23
vs NSE:PRAKASHSTL: 11.12
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.
Prakash Steelage 3-Year ROIIC % Related Terms
Prakash Steelage 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Prakash Steelage'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:PRAKASHSTL vs NUE, STLD, RS: 3-Year ROIIC % Comparison
For the Steel subindustry, Prakash Steelage'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.
Prakash Steelage 3-Year ROIIC % vs Steel Industry
For the Steel industry and Basic Materials sector, Prakash Steelage's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Prakash Steelage's 3-Year ROIIC % falls into.
Prakash Steelage'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**
=
( 6.1866016 (Mar. 2026) - 34.022 (Mar. 2023) )
/
( 167.816 (Mar. 2026) - 418.245 (Mar. 2023) )
=
-27.8353984
/
-250.429
=
11.12%***
* 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.
Prakash Steelage (NSE:PRAKASHSTL) has a 3-Year ROIIC % of 11.12 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 Prakash Steelage and its competitors. This is 3734% above median its historical median of 0.29. According to the industry distribution chart, Prakash Steelage ranks #179 out of 605 companies in the Steel industry, placing it in the top 29.6%.
Is Prakash Steelage's 3-Year ROIIC % too high?
Prakash Steelage's current 3-Year ROIIC % of 11.12 is 3734% above median its 10-year median of 0.29. Based on the distribution chart, Prakash Steelage ranks #179 out of 605 companies in the Steel industry, which is above the industry midpoint. Overall, Prakash Steelage has a GF Score™ of 73/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Prakash Steelage's 3-Year ROIIC % compare to NUE and STLD?
According to the Steel industry distribution chart, Prakash Steelage ranks #179 out of 605 companies for 3-Year ROIIC %. This puts Prakash Steelage in the upper half of its industry. 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 Steel company?
A good 3-Year ROIIC % depends on the Steel industry context. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 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 Prakash Steelage and its competitors. Prakash Steelage's current 3-Year ROIIC % is 11.12, which is 3734% above median its own 10-year median of 0.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Prakash Steelage stock overvalued right now?
Based on GuruFocus' analysis, Prakash Steelage (NSE:PRAKASHSTL) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹6.93, compared to a current price of ₹4.01 — trading 42.1% below its estimated fair value. The current 3-Year ROIIC % is 11.12, which is 3734% above median its 10-year median of 0.29. Prakash Steelage's overall GF Score™ is 73/100 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 Prakash Steelage (NSE:PRAKASHSTL), the current 3-Year ROIIC % is 11.12 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 Prakash Steelage (NSE:PRAKASHSTL) Overvalued in 2026?
Based on GuruFocus' analysis, Prakash Steelage stock appears to be undervalued.
The current stock price of ₹4.01 is trading 42.1% below its estimated GF Value™ of ₹6.93.
GuruFocus considers Prakash Steelage to be Significantly Undervalued.
Key valuation signals for NSE:PRAKASHSTL:
3-Year ROIIC %: 11.12 (3734% above median its 10-year median of 0.29)
GF Value™: ₹6.93 vs. price of ₹4.01 (42.1% below fair value)
No single metric tells the full story. See the NSE:PRAKASHSTL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Prakash Steelage Ltd is a company, which is predominantly related to the manufacturing and trading of stainless steel tubes and pipes. The products of the company are available in various conditions, such as welded pipes, large-diameter pipes, welded tubes, welded instrumentation tubes, welded heat exchanger tubes, and welded EFW pipes. Geographically, all the group's business activity is operated through India's region.
73GF Score
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