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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.
SPML Infra's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was -6.74%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for SPML Infra's 3-Year ROIIC % or its related term are showing as below:
NSE:SPMLINFRA's 3-Year ROIIC % is ranked worse than 71.61% of 1687
companies
in the Construction industry
Industry Median: 4.65
vs NSE:SPMLINFRA: -6.74
SPML Infra (NSE:SPMLINFRA) 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.
SPML Infra 3-Year ROIIC % Related Terms
SPML Infra 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for SPML Infra'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:SPMLINFRA vs PWR, FIX, EME: 3-Year ROIIC % Comparison
For the Engineering & Construction subindustry, SPML Infra'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.
SPML Infra 3-Year ROIIC % vs Construction Industry
For the Construction industry and Industrials sector, SPML Infra's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where SPML Infra's 3-Year ROIIC % falls into.
SPML Infra'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**
=
( 637.749 (Mar. 2026) - 10.082457 (Mar. 2023) )
/
( 13811.418 (Mar. 2026) - 23121.203 (Mar. 2023) )
=
627.666543
/
-9309.785
=
-6.74%***
* 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.
SPML Infra (NSE:SPMLINFRA) has a 3-Year ROIIC % of -6.74 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 SPML Infra and its competitors. According to the industry distribution chart, SPML Infra ranks #1208 out of 1687 companies in the Construction industry, placing it in the top 71.6%.
Is SPML Infra's 3-Year ROIIC % too high?
SPML Infra's current 3-Year ROIIC % is -6.74. Based on the distribution chart, SPML Infra ranks #1208 out of 1687 companies in the Construction industry, which is below the industry midpoint. Overall, SPML Infra has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SPML Infra's 3-Year ROIIC % compare to PWR and FIX?
According to the Construction industry distribution chart, SPML Infra ranks #1208 out of 1687 companies for 3-Year ROIIC %. This places SPML Infra in the lower half of its industry. The industry median 3-Year ROIIC % is 4.65. 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 Construction company?
The median 3-Year ROIIC % among Construction companies is 4.65, based on 1,687 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 SPML Infra and its competitors. For the Construction industry, the median 3-Year ROIIC % is 4.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SPML Infra's current 3-Year ROIIC % is -6.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SPML Infra stock overvalued right now?
Based on GuruFocus' analysis, SPML Infra (NSE:SPMLINFRA) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹111.12, compared to a current price of ₹196.59 — trading 76.9% above its estimated fair value. The current 3-Year ROIIC % is -6.74. SPML Infra's overall GF Score™ is 54/100 with 5 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 SPML Infra (NSE:SPMLINFRA), the current 3-Year ROIIC % is -6.74 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 SPML Infra (NSE:SPMLINFRA) Overvalued in 2026?
Based on GuruFocus' analysis, SPML Infra stock appears to be overvalued.
The current stock price of ₹196.59 is trading 76.9% above its estimated GF Value™ of ₹111.12.
GuruFocus considers SPML Infra to be Significantly Overvalued.
Key valuation signals for NSE:SPMLINFRA:
3-Year ROIIC %: -6.74
GF Value™: ₹111.12 vs. price of ₹196.59 (76.9% above fair value)
No single metric tells the full story. See the NSE:SPMLINFRA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SPML Infra Ltd is an Indian-based infrastructure development company. It is engaged in providing infrastructure solutions for water management, water infrastructure development, wastewater treatment, power generation, transmission and distribution, solid waste management, and other civil infrastructures. The company's operating segment includes Construction, Hydro Power Generation, Waste Management, and Others. Geographically, it operates only in India.
54GF Score
Get the complete analysis for NSE:SPMLINFRA
3-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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