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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.
SMC Global Securities's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was -3.38%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for SMC Global Securities's 3-Year ROIIC % or its related term are showing as below:
NSE:SMCGLOBAL's 3-Year ROIIC % is ranked worse than 65.2% of 658
companies
in the Capital Markets industry
Industry Median: 2.645
vs NSE:SMCGLOBAL: -3.38
SMC Global Securities (NSE:SMCGLOBAL) 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.
SMC Global Securities 3-Year ROIIC % Related Terms
SMC Global Securities 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for SMC Global Securities'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:SMCGLOBAL vs MS, GS, SCHW: 3-Year ROIIC % Comparison
For the Capital Markets subindustry, SMC Global Securities'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.
SMC Global Securities 3-Year ROIIC % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, SMC Global Securities's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where SMC Global Securities'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.
SMC Global Securities (NSE:SMCGLOBAL) has a 3-Year ROIIC % of -3.38 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 SMC Global Securities and its competitors. According to the industry distribution chart, SMC Global Securities ranks #429 out of 658 companies in the Capital Markets industry, placing it in the top 65.2%.
Is SMC Global Securities' 3-Year ROIIC % too high?
SMC Global Securities' current 3-Year ROIIC % is -3.38. Based on the distribution chart, SMC Global Securities ranks #429 out of 658 companies in the Capital Markets industry, which is below the industry midpoint. Overall, SMC Global Securities has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SMC Global Securities' 3-Year ROIIC % compare to MS and GS?
According to the Capital Markets industry distribution chart, SMC Global Securities ranks #429 out of 658 companies for 3-Year ROIIC %. This places SMC Global Securities in the lower half of its industry. The industry median 3-Year ROIIC % is 2.65. 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 Capital Markets company?
The median 3-Year ROIIC % among Capital Markets companies is 2.65, based on 658 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. 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 SMC Global Securities and its competitors. For the Capital Markets industry, the median 3-Year ROIIC % is 2.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SMC Global Securities's current 3-Year ROIIC % is -3.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SMC Global Securities stock overvalued right now?
Based on GuruFocus' analysis, SMC Global Securities (NSE:SMCGLOBAL) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹70.67, compared to a current price of ₹80.83 — trading 14.4% above its estimated fair value. The current 3-Year ROIIC % is -3.38. SMC Global Securities' overall GF Score™ is 76/100 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 SMC Global Securities (NSE:SMCGLOBAL), the current 3-Year ROIIC % is -3.38 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 SMC Global Securities (NSE:SMCGLOBAL) Overvalued in 2026?
Based on GuruFocus' analysis, SMC Global Securities stock appears to be overvalued.
The current stock price of ₹80.83 is trading 14.4% above its estimated GF Value™ of ₹70.67.
GuruFocus considers SMC Global Securities to be Modestly Overvalued.
Key valuation signals for NSE:SMCGLOBAL:
3-Year ROIIC %: -3.38
GF Value™: ₹70.67 vs. price of ₹80.83 (14.4% above fair value)
No single metric tells the full story. See the NSE:SMCGLOBAL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SMC Global Securities Ltd is a diversified financial services company in India. It provides broking, distribution and trading services, including brokerage services in equity, derivative, commodity and currency segments on stock exchanges in India and abroad, clearing services, depository participant services, fund management, wealth management, distribution of financial products such as mutual funds and initial public offerings, financing, mortgage and loan advisory, real estate brokerage, and investment banking services for middle-class to high-net-worth individuals. Its primary business segments are Broking, Distribution and Trading, Insurance Broking Services, and Financing Activities. The company generates the majority of its revenue from the Broking, Distribution and Trading segment.
76GF Score
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