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Steel Strips WheelsNSE:SSWL +1.07%87 3-Year ROIIC % is 3.92 as of Mar. 2026, which is 34% below its 10-year median of 5.94. GuruFocus rates NSE:SSWL with a GF Score™ of 87/100 and a GF Value™ of ₹270.97 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,252 Vehicles & Parts companies, Steel Strips Wheels ranks worse than 50.96% 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.
Steel Strips Wheels's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 3.92%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Steel Strips Wheels's 3-Year ROIIC % or its related term are showing as below:
NSE:SSWL's 3-Year ROIIC % is ranked worse than 50.96% of 1252
companies
in the Vehicles & Parts industry
Industry Median: 4.235
vs NSE:SSWL: 3.92
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.
Steel Strips Wheels 3-Year ROIIC % Related Terms
Steel Strips Wheels 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Steel Strips Wheels'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.
For the Auto Parts subindustry, Steel Strips Wheels'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.
Steel Strips Wheels 3-Year ROIIC % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Steel Strips Wheels's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Steel Strips Wheels'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.
Steel Strips Wheels (NSE:SSWL) has a 3-Year ROIIC % of 3.92 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 Steel Strips Wheels and its competitors. This is 34% below median its historical median of 5.94. According to the industry distribution chart, Steel Strips Wheels ranks #638 out of 1252 companies in the Vehicles & Parts industry, placing it in the top 51%.
Is Steel Strips Wheels' 3-Year ROIIC % too high?
Steel Strips Wheels' current 3-Year ROIIC % of 3.92 is 34% below median its 10-year median of 5.94. The Vehicles & Parts industry median 3-Year ROIIC % is 4.24. Steel Strips Wheels' value of 3.92 is 7.4% below this industry median. Based on the distribution chart, Steel Strips Wheels ranks #638 out of 1252 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Steel Strips Wheels has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Steel Strips Wheels' 3-Year ROIIC % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Steel Strips Wheels ranks #638 out of 1252 companies for 3-Year ROIIC %. This places Steel Strips Wheels in the lower half of its industry. The industry median 3-Year ROIIC % is 4.24. Steel Strips Wheels' value of 3.92 is 7.4% below this benchmark. While the company's 10-year median is 5.94 vs. the industry median of 4.24, Steel Strips Wheels has consistently been below 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 a Vehicles & Parts company?
The median 3-Year ROIIC % among Vehicles & Parts companies is 4.24, based on 1,252 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. Steel Strips Wheels's current 3-Year ROIIC % of 3.92 is 7.4% below 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 Steel Strips Wheels and its competitors. For the Vehicles & Parts industry, the median 3-Year ROIIC % is 4.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Steel Strips Wheels's current 3-Year ROIIC % is 3.92, which is 34% below median its own 10-year median of 5.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Steel Strips Wheels stock overvalued right now?
Based on GuruFocus' analysis, Steel Strips Wheels (NSE:SSWL) is currently considered Fairly Valued. The stock's GF Value™ is ₹270.97, compared to a current price of ₹279.30 — trading 3.1% above its estimated fair value. The current 3-Year ROIIC % is 3.92, which is 34% below median its 10-year median of 5.94 and 7.4% below the Vehicles & Parts industry median of 4.24. Steel Strips Wheels' overall GF Score™ is 87/100 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 Steel Strips Wheels (NSE:SSWL), the current 3-Year ROIIC % is 3.92 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 Steel Strips Wheels (NSE:SSWL) Overvalued in 2026?
Based on GuruFocus' analysis, Steel Strips Wheels stock appears to be overvalued.
The current stock price of ₹279.30 is trading 3.1% above its estimated GF Value™ of ₹270.97.
GuruFocus considers Steel Strips Wheels to be Fairly Valued.
Key valuation signals for NSE:SSWL:
3-Year ROIIC %: 3.92 (34% below median its 10-year median of 5.94)
GF Value™: ₹270.97 vs. price of ₹279.30 (3.1% above fair value)
Industry Position: 7.4% below the Vehicles & Parts median (#638 of 1252)
No single metric tells the full story. See the NSE:SSWL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Steel Strips Wheels Ltd is an India-based automotive steel wheel manufacturing company. It is engaged in the designing and manufacturing business of Steel wheel rims and Alloy wheel rims catering to different segments of the automobile industry. The company operates in India and has a presence in international markets as well. The group generates the majority of its revenue from India.
87GF Score
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