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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.
Sandur Manganese And Iron Ores's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 18.94%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Sandur Manganese And Iron Ores (NSE:SANDUMA) 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.
Sandur Manganese And Iron Ores 3-Year ROIIC % Related Terms
Sandur Manganese And Iron Ores 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.
Sandur Manganese And Iron Ores 3-Year ROIIC % Chart
NSE:SANDUMA vs NUE, STLD, RS: 3-Year ROIIC % Comparison
For the Steel subindustry, Sandur Manganese And Iron Ores'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.
Sandur Manganese And Iron Ores 3-Year ROIIC % vs Steel Industry
For the Steel industry and Basic Materials sector, Sandur Manganese And Iron Ores's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Sandur Manganese And Iron Ores'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.
Sandur Manganese And Iron Ores (NSE:SANDUMA) has a 3-Year ROIIC % of 18.94 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 Sandur Manganese And Iron Ores and its competitors. This is 102% above median its historical median of 9.37. According to the industry distribution chart, Sandur Manganese And Iron Ores ranks #140 out of 605 companies in the Steel industry, placing it in the top 23.1%.
Is Sandur Manganese And Iron Ores' 3-Year ROIIC % too high?
Sandur Manganese And Iron Ores' current 3-Year ROIIC % of 18.94 is 102% above median its 10-year median of 9.37. Based on the distribution chart, Sandur Manganese And Iron Ores ranks #140 out of 605 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Sandur Manganese And Iron Ores has a GF Score™ of 76/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sandur Manganese And Iron Ores' 3-Year ROIIC % compare to NUE and STLD?
According to the Steel industry distribution chart, Sandur Manganese And Iron Ores ranks #140 out of 605 companies for 3-Year ROIIC %. This places Sandur Manganese And Iron Ores in the top 23% of its industry — outperforming the majority of peers. 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 Sandur Manganese And Iron Ores and its competitors. Sandur Manganese And Iron Ores's current 3-Year ROIIC % is 18.94, which is 102% above median its own 10-year median of 9.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sandur Manganese And Iron Ores stock overvalued right now?
Based on GuruFocus' analysis, Sandur Manganese And Iron Ores (NSE:SANDUMA) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹302.84, compared to a current price of ₹212.84 — trading 29.7% below its estimated fair value. The current 3-Year ROIIC % is 18.94, which is 102% above median its 10-year median of 9.37. Sandur Manganese And Iron Ores' overall GF Score™ is 76/100 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 Sandur Manganese And Iron Ores (NSE:SANDUMA), the current 3-Year ROIIC % is 18.94 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 Sandur Manganese And Iron Ores (NSE:SANDUMA) Overvalued in 2026?
Based on GuruFocus' analysis, Sandur Manganese And Iron Ores stock appears to be undervalued.
The current stock price of ₹212.84 is trading 29.7% below its estimated GF Value™ of ₹302.84.
GuruFocus considers Sandur Manganese And Iron Ores to be Significantly Undervalued.
Key valuation signals for NSE:SANDUMA:
3-Year ROIIC %: 18.94 (102% above median its 10-year median of 9.37)
GF Value™: ₹302.84 vs. price of ₹212.84 (29.7% below fair value)
No single metric tells the full story. See the NSE:SANDUMA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sandur Manganese And Iron Ores Ltd is a mining company. It is engaged in the mining of manganese and iron ores in Deogiri village of Sandur taluk, Ballari District, Karnataka. The Company is also engaged in the manufacture of ferroalloys, and coke and energy at Vyasanakere, Hosapete. Its operating segment includes Mining and Ferroalloys, and Coke and Energy. The company generates maximum revenue from the Mining segment. Geographically, it derives all of its revenue from within India.
76GF Score
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