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UltraTech CementUCLQF 95 3-Year ROIIC % is 7.83 as of Mar. 2026, which is 5% above its 10-year median of 7.47. GuruFocus rates UCLQF with a GF Score™ of 95/100 and a GF Value™ of $118.79. The stock has 3 warning signs investors should review. Among 382 Building Materials companies, UltraTech Cement ranks better than 54.71% 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.
UltraTech Cement's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 7.83%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for UltraTech Cement's 3-Year ROIIC % or its related term are showing as below:
UCLQF's 3-Year ROIIC % is ranked better than 54.71% of 382
companies
in the Building Materials industry
Industry Median: 5.185
vs UCLQF: 7.83
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.
UltraTech Cement 3-Year ROIIC % Related Terms
UltraTech Cement 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for UltraTech Cement'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 Building Materials subindustry, UltraTech Cement'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.
UltraTech Cement 3-Year ROIIC % vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, UltraTech Cement's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where UltraTech Cement'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.
UltraTech Cement (UCLQF) has a 3-Year ROIIC % of 7.83 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 UltraTech Cement and its competitors. This is near median its historical median of 7.47. According to the industry distribution chart, UltraTech Cement ranks #173 out of 382 companies in the Building Materials industry, placing it in the top 45.3%.
Is UltraTech Cement's 3-Year ROIIC % too high?
UltraTech Cement's current 3-Year ROIIC % of 7.83 is near median its 10-year median of 7.47. The Building Materials industry median 3-Year ROIIC % is 5.19. UltraTech Cement's value of 7.83 is 51% above this industry median. Based on the distribution chart, UltraTech Cement ranks #173 out of 382 companies in the Building Materials industry, which is above the industry midpoint. Overall, UltraTech Cement has a GF Score™ of 95/100, reflecting its overall financial health beyond just this single metric.
How does UltraTech Cement's 3-Year ROIIC % compare to CRH and VMC?
According to the Building Materials industry distribution chart, UltraTech Cement ranks #173 out of 382 companies for 3-Year ROIIC %. This puts UltraTech Cement in the upper half of its industry. The industry median 3-Year ROIIC % is 5.19. UltraTech Cement's value of 7.83 is 51% above this benchmark. While the company's 10-year median is 7.47 vs. the industry median of 5.19, UltraTech Cement has consistently been above 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 Building Materials company?
The median 3-Year ROIIC % among Building Materials companies is 5.19, based on 382 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. UltraTech Cement's current 3-Year ROIIC % of 7.83 is 51% above 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 UltraTech Cement and its competitors. For the Building Materials industry, the median 3-Year ROIIC % is 5.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. UltraTech Cement's current 3-Year ROIIC % is 7.83, which is near median its own 10-year median of 7.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is UltraTech Cement stock overvalued right now?
UltraTech Cement (UCLQF) has a current 3-Year ROIIC % of 7.83. The stock's GF Value™ is $118.79, compared to a current price of $103.00 — trading 13.3% below its estimated fair value. The current 3-Year ROIIC % is 7.83, which is near median its 10-year median of 7.47 and 51% above the Building Materials industry median of 5.19. UltraTech Cement's overall GF Score™ is 95/100 with 3 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 UltraTech Cement (UCLQF), the current 3-Year ROIIC % is 7.83 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 UltraTech Cement (UCLQF) Overvalued in 2026?
Based on GuruFocus' analysis, UltraTech Cement stock appears to be undervalued.
The current stock price of $103.00 is trading 13.3% below its estimated GF Value™ of $118.79.
Key valuation signals for UCLQF:
3-Year ROIIC %: 7.83 (near median its 10-year median of 7.47)
GF Value™: $118.79 vs. price of $103.00 (13.3% below fair value)
Industry Position: 51% above the Building Materials median (#173 of 382)
No single metric tells the full story. See the UCLQF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
UltraTech Cement Ltd produces and sells cement and cement-related products. The company generates the vast majority of its revenue in India. The company's product portfolio includes Ordinary Portland cement, Portland blast-furnace slag cement, and Portland Pozzolana cement. Ordinary Portland cement is used for a wide range of applications including concrete products, masonry, and plastering. The firm's customers are in the building and construction industries. Geographically, it operates in India as well as in other countries, of which India derives key revenue.
95GF Score
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