Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
RHI Magnesita IndiaNSE:RHIM -0.02%79 3-Year ROIIC % is 8.17 as of Mar. 2026, which is 39% below its 10-year median of 13.42. GuruFocus rates NSE:RHIM with a GF Score™ of 79/100 and a GF Value™ of ₹620.58 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 2,932 Industrial Products companies, RHI Magnesita India ranks better than 58.97% 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.
RHI Magnesita India's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 8.17%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for RHI Magnesita India's 3-Year ROIIC % or its related term are showing as below:
NSE:RHIM's 3-Year ROIIC % is ranked better than 58.97% of 2932
companies
in the Industrial Products industry
Industry Median: 3.425
vs NSE:RHIM: 8.17
RHI Magnesita India (NSE:RHIM) 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.
RHI Magnesita India 3-Year ROIIC % Related Terms
RHI Magnesita India 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for RHI Magnesita India'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:RHIM vs CRS, ATI, MLI: 3-Year ROIIC % Comparison
For the Metal Fabrication subindustry, RHI Magnesita India'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.
RHI Magnesita India 3-Year ROIIC % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, RHI Magnesita India's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where RHI Magnesita India's 3-Year ROIIC % falls into.
RHI Magnesita India'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**
=
( 2448.779 (Mar. 2026) - 3186.343 (Mar. 2023) )
/
( 37863.955 (Mar. 2026) - 46889.257 (Mar. 2023) )
=
-737.564
/
-9025.302
=
8.17%***
* 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.
RHI Magnesita India (NSE:RHIM) has a 3-Year ROIIC % of 8.17 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 RHI Magnesita India and its competitors. This is 39% below median its historical median of 13.42. According to the industry distribution chart, RHI Magnesita India ranks #1203 out of 2932 companies in the Industrial Products industry, placing it in the top 41%.
Is RHI Magnesita India's 3-Year ROIIC % too high?
RHI Magnesita India's current 3-Year ROIIC % of 8.17 is 39% below median its 10-year median of 13.42. The Industrial Products industry median 3-Year ROIIC % is 3.43. RHI Magnesita India's value of 8.17 is 138.5% above this industry median. Based on the distribution chart, RHI Magnesita India ranks #1203 out of 2932 companies in the Industrial Products industry, which is above the industry midpoint. Overall, RHI Magnesita India has a GF Score™ of 79/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does RHI Magnesita India's 3-Year ROIIC % compare to CRS and ATI?
According to the Industrial Products industry distribution chart, RHI Magnesita India ranks #1203 out of 2932 companies for 3-Year ROIIC %. This puts RHI Magnesita India in the upper half of its industry. The industry median 3-Year ROIIC % is 3.43. RHI Magnesita India's value of 8.17 is 138.5% above this benchmark. While the company's 10-year median is 13.42 vs. the industry median of 3.43, RHI Magnesita India 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 3.43, based on 2,932 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. RHI Magnesita India's current 3-Year ROIIC % of 8.17 is 138.5% 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 RHI Magnesita India and its competitors. For the Industrial Products industry, the median 3-Year ROIIC % is 3.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RHI Magnesita India's current 3-Year ROIIC % is 8.17, which is 39% below median its own 10-year median of 13.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RHI Magnesita India stock overvalued right now?
Based on GuruFocus' analysis, RHI Magnesita India (NSE:RHIM) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹620.58, compared to a current price of ₹405.90 — trading 34.6% below its estimated fair value. The current 3-Year ROIIC % is 8.17, which is 39% below median its 10-year median of 13.42 and 138.5% above the Industrial Products industry median of 3.43. RHI Magnesita India's overall GF Score™ is 79/100 with 3 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 RHI Magnesita India (NSE:RHIM), the current 3-Year ROIIC % is 8.17 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 RHI Magnesita India (NSE:RHIM) Overvalued in 2026?
Based on GuruFocus' analysis, RHI Magnesita India stock appears to be undervalued.
The current stock price of ₹405.90 is trading 34.6% below its estimated GF Value™ of ₹620.58.
GuruFocus considers RHI Magnesita India to be Significantly Undervalued.
Key valuation signals for NSE:RHIM:
3-Year ROIIC %: 8.17 (39% below median its 10-year median of 13.42)
GF Value™: ₹620.58 vs. price of ₹405.90 (34.6% below fair value)
Industry Position: 138.5% above the Industrial Products median (#1203 of 2932)
No single metric tells the full story. See the NSE:RHIM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
RHI Magnesita India Ltd is engaged in the business of manufacturing and trading refractories, monolithics, bricks, and ceramic paper, and rendering management services. Its product offerings include isostatically pressed continuous casting refractories, slide gate plates, nozzles and well blocks, tundish nozzles, bottom purging refractories and top purging lances, slag arresting darts, basic spray mass for tundish working lining, and castables. The company's products are used in steel, cement and lime, non-ferrous metals, glass, and other industries. It operates in the Indian and international markets, of which a majority of its revenue is generated within India.
79GF Score
Get the complete analysis for NSE:RHIM
3-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:RHIM has been successfully added to your 
