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.
Tejas Networks's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was -9.86%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Tejas Networks's 3-Year ROIIC % or its related term are showing as below:
NSE:TEJASNET's 3-Year ROIIC % is ranked worse than 66.47% of 2371
companies
in the Hardware industry
Industry Median: 2.35
vs NSE:TEJASNET: -9.86
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.
Tejas Networks 3-Year ROIIC % Related Terms
Tejas Networks 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Tejas Networks'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:TEJASNET vs CSCO, CIEN, MSI: 3-Year ROIIC % Comparison
For the Communication Equipment subindustry, Tejas Networks'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.
Tejas Networks 3-Year ROIIC % vs Hardware Industry
For the Hardware industry and Technology sector, Tejas Networks's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Tejas Networks'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.
Tejas Networks (NSE:TEJASNET) has a 3-Year ROIIC % of -9.86 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 Tejas Networks and its competitors. According to the industry distribution chart, Tejas Networks ranks #1576 out of 2371 companies in the Hardware industry, placing it in the top 66.5%.
Is Tejas Networks' 3-Year ROIIC % too high?
Tejas Networks' current 3-Year ROIIC % is -9.86. Based on the distribution chart, Tejas Networks ranks #1576 out of 2371 companies in the Hardware industry, which is below the industry midpoint. Overall, Tejas Networks has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tejas Networks' 3-Year ROIIC % compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Tejas Networks ranks #1576 out of 2371 companies for 3-Year ROIIC %. This places Tejas Networks in the lower half of its industry. The industry median 3-Year ROIIC % is 2.35. 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 Hardware company?
The median 3-Year ROIIC % among Hardware companies is 2.35, based on 2,371 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 Tejas Networks and its competitors. For the Hardware industry, the median 3-Year ROIIC % is 2.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tejas Networks's current 3-Year ROIIC % is -9.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tejas Networks stock overvalued right now?
Based on GuruFocus' analysis, Tejas Networks (NSE:TEJASNET) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹358.65, compared to a current price of ₹603.55 — trading 68.3% above its estimated fair value. The current 3-Year ROIIC % is -9.86. Tejas Networks' overall GF Score™ is 54/100 with 11 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 Tejas Networks (NSE:TEJASNET), the current 3-Year ROIIC % is -9.86 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 Tejas Networks (NSE:TEJASNET) Overvalued in 2026?
Based on GuruFocus' analysis, Tejas Networks stock appears to be overvalued.
The current stock price of ₹603.55 is trading 68.3% above its estimated GF Value™ of ₹358.65.
GuruFocus considers Tejas Networks to be Significantly Overvalued.
Key valuation signals for NSE:TEJASNET:
3-Year ROIIC %: -9.86
GF Value™: ₹358.65 vs. price of ₹603.55 (68.3% above fair value)
No single metric tells the full story. See the NSE:TEJASNET stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tejas Networks Ltd is an optical and data networking products company. The company designs, develops, and manufactures high-performance products for building high-speed communication networks that carry voice, data, and video traffic from fixed-line, mobile, and broadband networks. It serves telecommunications service providers, internet service providers, utilities, defense, and government entities. It derives a majority of its revenue from India and the rest from International markets.
54GF Score
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