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5-Year Return on Invested Incremental Capital (5-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 5-year.
Mukat Pipes's 5-Year ROIIC % for the quarter that ended in Mar. 2026 was 4.72%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Mukat Pipes's 5-Year ROIIC % or its related term are showing as below:
BOM:523832's 5-Year ROIIC % is ranked better than 56.26% of 567
companies
in the Steel industry
Industry Median: 2.51
vs BOM:523832: 4.72
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.
Mukat Pipes 5-Year ROIIC % Related Terms
Mukat Pipes 5-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Mukat Pipes's 5-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.
BOM:523832 vs NUE, STLD, RS: 5-Year ROIIC % Comparison
For the Steel subindustry, Mukat Pipes's 5-Year ROIIC %, along with its competitors' market caps and 5-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.
Mukat Pipes 5-Year ROIIC % vs Steel Industry
For the Steel industry and Basic Materials sector, Mukat Pipes's 5-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Mukat Pipes's 5-Year ROIIC % falls into.
Mukat Pipes's 5-Year ROIIC % for the quarter that ended in Mar. 2026 is calculated as:
5-Year ROIIC %
=
5-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
5-Year Incremental Invested Capital**
=
( -4.415 (Mar. 2026) - -3.796 (Mar. 2021) )
/
( 30.89 (Mar. 2026) - 44.008 (Mar. 2021) )
=
-0.619
/
-13.118
=
4.72%***
* 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 5-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.
Mukat Pipes (BOM:523832) has a 5-Year ROIIC % of 4.72 as of Mar. 2026. 5-Year ROIIC % measures the change in earnings as a percentage of change in investment over 5-year. View historical data on Mukat Pipes and its competitors. According to the industry distribution chart, Mukat Pipes ranks #248 out of 567 companies in the Steel industry, placing it in the top 43.7%.
Is Mukat Pipes' 5-Year ROIIC % too high?
Mukat Pipes' current 5-Year ROIIC % is 4.72. The Steel industry median 5-Year ROIIC % is 2.51. Mukat Pipes' value of 4.72 is 88% above this industry median. Based on the distribution chart, Mukat Pipes ranks #248 out of 567 companies in the Steel industry, which is above the industry midpoint. Overall, Mukat Pipes has a GF Score™ of 53/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Mukat Pipes' 5-Year ROIIC % compare to NUE and STLD?
According to the Steel industry distribution chart, Mukat Pipes ranks #248 out of 567 companies for 5-Year ROIIC %. This puts Mukat Pipes in the upper half of its industry. The industry median 5-Year ROIIC % is 2.51. Mukat Pipes' value of 4.72 is 88% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 5-Year ROIIC % for a Steel company?
The median 5-Year ROIIC % among Steel companies is 2.51, based on 567 companies in the industry. Companies in the top quartile (top 25%) have a 5-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 5-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mukat Pipes's current 5-Year ROIIC % of 4.72 is 88% 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 5-Year ROIIC % mean?
A high 5-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 5-Year ROIIC % measures the change in earnings as a percentage of change in investment over 5-year. View historical data on Mukat Pipes and its competitors. For the Steel industry, the median 5-Year ROIIC % is 2.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mukat Pipes's current 5-Year ROIIC % is 4.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mukat Pipes stock overvalued right now?
Based on GuruFocus' analysis, Mukat Pipes (BOM:523832) is currently considered Possible Value Trap. The stock's GF Value™ is ₹22.03, compared to a current price of ₹15.02 — trading 31.8% below its estimated fair value. The current 5-Year ROIIC % is 4.72 and 88% above the Steel industry median of 2.51. Mukat Pipes' overall GF Score™ is 53/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 5-Year ROIIC % calculated?
5-Year ROIIC % is calculated from a company's financial statements. For Mukat Pipes (BOM:523832), the current 5-Year ROIIC % is 4.72 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 Mukat Pipes (BOM:523832) Overvalued in 2026?
Based on GuruFocus' analysis, Mukat Pipes stock appears to be undervalued.
The current stock price of ₹15.02 is trading 31.8% below its estimated GF Value™ of ₹22.03.
GuruFocus considers Mukat Pipes to be Possible Value Trap.
Key valuation signals for BOM:523832:
5-Year ROIIC %: 4.72
GF Value™: ₹22.03 vs. price of ₹15.02 (31.8% below fair value)
Industry Position: 88% above the Steel median (#248 of 567)
No single metric tells the full story. See the BOM:523832 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mukat Pipes Ltd is an India-based company that operates in the steel pipe business. The company is involved in the manufacturing of Longitudinal and Helical pipes. The products offered by the company include MS shells for Infrastructure, Longitudinal Submerged Arc Welded (SAW) pipes, Spiral SAW pipes, Site pipe fabrication, and Penstock pipes. It has a single primary business segment, which is Longitudinal and Helical Pipes. Geographically, the company operates in India.
53GF Score
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