Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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.
Finolex Cables's 5-Year ROIIC % for the quarter that ended in Mar. 2026 was 8.10%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Finolex Cables's 5-Year ROIIC % or its related term are showing as below:
NSE:FINCABLES's 5-Year ROIIC % is ranked better than 59.62% of 2776
companies
in the Industrial Products industry
Industry Median: 4.605
vs NSE:FINCABLES: 8.10
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.
Finolex Cables 5-Year ROIIC % Related Terms
Finolex Cables 5-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Finolex Cables'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.
NSE:FINCABLES vs VRT, BE: 5-Year ROIIC % Comparison
For the Electrical Equipment & Parts subindustry, Finolex Cables'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.
Finolex Cables 5-Year ROIIC % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Finolex Cables's 5-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Finolex Cables's 5-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 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.
Finolex Cables (NSE:FINCABLES) has a 5-Year ROIIC % of 8.10 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 Finolex Cables and its competitors. According to the industry distribution chart, Finolex Cables ranks #1121 out of 2776 companies in the Industrial Products industry, placing it in the top 40.4%.
Is Finolex Cables' 5-Year ROIIC % too high?
Finolex Cables' current 5-Year ROIIC % is 8.10. The Industrial Products industry median 5-Year ROIIC % is 4.61. Finolex Cables' value of 8.10 is 75.9% above this industry median. Based on the distribution chart, Finolex Cables ranks #1121 out of 2776 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Finolex Cables has a GF Score™ of 94/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Finolex Cables' 5-Year ROIIC % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Finolex Cables ranks #1121 out of 2776 companies for 5-Year ROIIC %. This puts Finolex Cables in the upper half of its industry. The industry median 5-Year ROIIC % is 4.61. Finolex Cables' value of 8.10 is 75.9% 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 an Industrial Products company?
The median 5-Year ROIIC % among Industrial Products companies is 4.61, based on 2,776 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. Finolex Cables's current 5-Year ROIIC % of 8.10 is 75.9% 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 Finolex Cables and its competitors. For the Industrial Products industry, the median 5-Year ROIIC % is 4.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Finolex Cables's current 5-Year ROIIC % is 8.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Finolex Cables stock overvalued right now?
Based on GuruFocus' analysis, Finolex Cables (NSE:FINCABLES) is currently considered Fairly Valued. The stock's GF Value™ is ₹1,315.07, compared to a current price of ₹1,249.30 — trading 5% below its estimated fair value. The current 5-Year ROIIC % is 8.10 and 75.9% above the Industrial Products industry median of 4.61. Finolex Cables' overall GF Score™ is 94/100 with 9 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 Finolex Cables (NSE:FINCABLES), the current 5-Year ROIIC % is 8.10 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 Finolex Cables (NSE:FINCABLES) Overvalued in 2026?
Based on GuruFocus' analysis, Finolex Cables stock appears to be undervalued.
The current stock price of ₹1,249.30 is trading 5% below its estimated GF Value™ of ₹1,315.07.
GuruFocus considers Finolex Cables to be Fairly Valued.
Key valuation signals for NSE:FINCABLES:
5-Year ROIIC %: 8.10
GF Value™: ₹1,315.07 vs. price of ₹1,249.30 (5% below fair value)
Industry Position: 75.9% above the Industrial Products median (#1121 of 2776)
No single metric tells the full story. See the NSE:FINCABLES stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Finolex Cables Ltd is an electronic components company. The operating segments of the group are Electrical cables, Communication cables, Copper rods, and Others - Trading of Electrical and other goods. It derives a majority of its revenue from the Electrical cables segment. The group offers products like wires and cables, optical fibre cables, switches, LED lightings, fans, MCBs, water heaters, and other products. Geographically, the company caters to both the Indian and the international markets of which, a majority of its revenue is derived from its business in India.
94GF Score
Get the complete analysis for NSE:FINCABLES
5-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:FINCABLES has been successfully added to your 
