Usha Martin (NSE:USHAMART) 3-Year RORE % : -6.66% (As of Mar. 2026)


NSE:USHAMART Usha Martin Ltd NSE:USHAMART
76 GF Score
Price ₹489.65
GF Value ₹412.21
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Usha Martin 3-Year RORE %?

Usha Martin NSE:USHAMART -3.45% 76 3-Year RORE % is -6.66 as of Mar. 2026. GuruFocus rates NSE:USHAMART with a GF Score™ of 76/100 and a GF Value™ of ₹412.21 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 600 Steel companies, Usha Martin ranks worse than 55.67% on this metric.

Return on Retained Earnings (RORE) is an indicator of a company's growth potential, it shows how much a company earns by reinvesting its retained earnings, i.e. profits after dividend payments. Usha Martin's 3-Year RORE % for the quarter that ended in Mar. 2026 was -6.66%.

The industry rank for Usha Martin's 3-Year RORE % or its related term are showing as below:

NSE:USHAMART's 3-Year RORE % is ranked worse than
55.67% of 600 companies
in the Steel industry
Industry Median: 0.57 vs NSE:USHAMART: -6.66

Usha Martin  (NSE:USHAMART) 3-Year RORE % Explanation

Return on Retained Earnings (RORE) is important to investors because it reveals a company's efficiency and growth potential. A higher RORE indicates a higher return. A high RORE indicates that the company should reinvest profits into the business. A lower RORE suggests that the company should distribute profits to shareholders by paying out dividends, since those dollars aren't generating much additional growth for the company.

There are a several different ways to arrive at the Return on Retained Earnings. The simplest way to calculate it is by using published information on Earnings per Share (EPS) and Dividend per Share (DPS) over a selected period. Here, 3-year period is chosen.

Be Aware

Please keep in mind that the RORE is relative to the nature of the business and its competitors. If another company in the same sector is producing a lower return on retained earnings, it doesn’t necessarily mean it’s a bad investment. It may just suggest the company is older and no longer in a high growth stage. At such a stage in the business cycle, it would be expected to see a lower RORE and higher dividend payout.


Usha Martin 3-Year RORE % Related Terms


Usha Martin 3-Year RORE % Historical Data

* Premium members only.

The historical data trend for Usha Martin's 3-Year RORE % 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.

Usha Martin 3-Year RORE % Chart

Usha Martin Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -14.87 46.93 11.10 -18.81 -6.66

Usha Martin Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Mar26
3-Year RORE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -18.56 -18.81 1.91 0.30 -6.66

NSE:USHAMART vs NUE, STLD, RS: 3-Year RORE % Comparison

For the Steel subindustry, Usha Martin's 3-Year RORE %, along with its competitors' market caps and 3-Year RORE % 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.


Usha Martin 3-Year RORE % vs Steel Industry

For the Steel industry and Basic Materials sector, Usha Martin's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Usha Martin's 3-Year RORE % falls into.


NSE:USHAMART
76GF Score
Usha Martin Ltd NSE:USHAMART
3-Year RORE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Usha Martin 3-Year RORE % Calculation

Usha Martin's 3-Year RORE % for the quarter that ended in Mar. 2026 is calculated as:

3-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 3-year -Cumulative Dividends per Share for 3-year )
=( 11.68-13.92 )/( 41.872-8.25 )
=-2.24/33.622
=-6.66 %

* 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.

In the calculation of 3-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Mar. 2026 and 3-year before.

Frequently Asked Questions Learn more about 3-Year RORE % →
What does a 3-Year RORE % of -6.66 mean?
Usha Martin (NSE:USHAMART) has a 3-Year RORE % of -6.66 as of Mar. 2026. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on Usha Martin and its competitors. According to the industry distribution chart, Usha Martin ranks #334 out of 600 companies in the Steel industry, placing it in the top 55.7%.
Is Usha Martin's 3-Year RORE % too high?
Usha Martin's current 3-Year RORE % is -6.66. Based on the distribution chart, Usha Martin ranks #334 out of 600 companies in the Steel industry, which is below the industry midpoint. Overall, Usha Martin has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Usha Martin's 3-Year RORE % compare to NUE and STLD?
According to the Steel industry distribution chart, Usha Martin ranks #334 out of 600 companies for 3-Year RORE %. This places Usha Martin in the lower half of its industry. The industry median 3-Year RORE % is 0.57. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year RORE % for a Steel company?
The median 3-Year RORE % among Steel companies is 0.57, based on 600 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year RORE % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year RORE % 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 RORE % mean?
A high 3-Year RORE % can signal that a stock is expensive relative to its fundamentals. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on Usha Martin and its competitors. For the Steel industry, the median 3-Year RORE % is 0.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Usha Martin's current 3-Year RORE % is -6.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Usha Martin stock overvalued right now?
Based on GuruFocus' analysis, Usha Martin (NSE:USHAMART) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹412.21, compared to a current price of ₹489.65 — trading 18.8% above its estimated fair value. The current 3-Year RORE % is -6.66. Usha Martin's overall GF Score™ is 76/100 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 RORE % calculated?
3-Year RORE % is calculated from a company's financial statements. For Usha Martin (NSE:USHAMART), the current 3-Year RORE % is -6.66 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 Usha Martin (NSE:USHAMART) Overvalued in 2026?

Based on GuruFocus' analysis, Usha Martin stock appears to be overvalued. The current stock price of ₹489.65 is trading 18.8% above its estimated GF Value™ of ₹412.21. GuruFocus considers Usha Martin to be Modestly Overvalued.

Key valuation signals for NSE:USHAMART:

  • 3-Year RORE %: -6.66
  • GF Value™: ₹412.21 vs. price of ₹489.65 (18.8% above fair value)
  • GF Score™: 76/100 with 3 warning signs

No single metric tells the full story. See the NSE:USHAMART stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Usha Martin Business Description

Other Exchanges 517146:India
Address 2A, Shakespeare Sarani, Mangal Kalash, Kolkata, WB, IND, 700 071
Usha Martin Ltd is engaged in the business of the production of wire rope. The company's operating segment includes Wire and wire ropes and others. It generates maximum revenue from the Wire and wire ropes segment. The wire and wire ropes segment manufactures and sells steel wires, strands, wire ropes, cords, related accessories, and others. Its Others segment includes the manufacturing and selling of wire drawing and allied machines and corporate office. Geographically, it derives a majority of revenue from India and also has its presence outside India.
76GF Score

Get the complete analysis for NSE:USHAMART

3-Year RORE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹489.65
Price
₹412.21
GF Value