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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.
Shiv Aum Steels's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was -15.18%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Shiv Aum Steels's 3-Year ROIIC % or its related term are showing as below:
NSE:SHIVAUM's 3-Year ROIIC % is ranked worse than 72.79% of 599
companies
in the Steel industry
Industry Median: -0.21
vs NSE:SHIVAUM: -15.18
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.
Shiv Aum Steels 3-Year ROIIC % Related Terms
Shiv Aum Steels 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Shiv Aum Steels'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:SHIVAUM vs NUE, STLD, RS: 3-Year ROIIC % Comparison
For the Steel subindustry, Shiv Aum Steels'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.
Shiv Aum Steels 3-Year ROIIC % vs Steel Industry
For the Steel industry and Basic Materials sector, Shiv Aum Steels's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Shiv Aum Steels'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.
Shiv Aum Steels (NSE:SHIVAUM) has a 3-Year ROIIC % of -15.18 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 Shiv Aum Steels and its competitors. According to the industry distribution chart, Shiv Aum Steels ranks #436 out of 599 companies in the Steel industry, placing it in the top 72.8%.
Is Shiv Aum Steels' 3-Year ROIIC % too high?
Shiv Aum Steels' current 3-Year ROIIC % is -15.18. Based on the distribution chart, Shiv Aum Steels ranks #436 out of 599 companies in the Steel industry, which is below the industry midpoint. Overall, Shiv Aum Steels has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shiv Aum Steels' 3-Year ROIIC % compare to NUE and STLD?
According to the Steel industry distribution chart, Shiv Aum Steels ranks #436 out of 599 companies for 3-Year ROIIC %. This places Shiv Aum Steels in the lower 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 Shiv Aum Steels and its competitors. Shiv Aum Steels's current 3-Year ROIIC % is -15.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shiv Aum Steels stock overvalued right now?
Based on GuruFocus' analysis, Shiv Aum Steels (NSE:SHIVAUM) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹318.94, compared to a current price of ₹465.40 — trading 45.9% above its estimated fair value. The current 3-Year ROIIC % is -15.18. Shiv Aum Steels' overall GF Score™ is 64/100 with 8 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 Shiv Aum Steels (NSE:SHIVAUM), the current 3-Year ROIIC % is -15.18 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 Shiv Aum Steels (NSE:SHIVAUM) Overvalued in 2026?
Based on GuruFocus' analysis, Shiv Aum Steels stock appears to be overvalued.
The current stock price of ₹465.40 is trading 45.9% above its estimated GF Value™ of ₹318.94.
GuruFocus considers Shiv Aum Steels to be Significantly Overvalued.
Key valuation signals for NSE:SHIVAUM:
3-Year ROIIC %: -15.18
GF Value™: ₹318.94 vs. price of ₹465.40 (45.9% above fair value)
No single metric tells the full story. See the NSE:SHIVAUM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shiv Aum Steels Ltd is engaged in the business of iron and steel products, dealing in structural steel, coils, and plates. It trades mild steel products such as beams, angles, plates, channels, coils, and thermo mechanically treated (TMT) bars. Operating as a trader, stockist, and distributor, it offers various steel products, including I-Beams, H-Beams, C Channels, Angles, T-Angles, Coils, and Plates in different sizes as per customer requirements. The Company is an authorized distributor for premium steel brands like Jindal Steel & Power Limited (JSPL), Steel Authority of India (SAIL), and Rashtriya Ispat Nigam Limited (RINL), among others. It serves a broad customer base across India, ranging from small steel processing units to large EPC companies and real estate developers.
64GF Score
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