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10-Year Return on Invested Incremental Capital (10-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 10-year.
China Tourism Group Duty Free's 10-Year ROIIC % for the quarter that ended in Dec. 2025 was 8.38%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
China Tourism Group Duty Free (OTCPK:CTGDF) 10-Year ROIIC % Explanation
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.
China Tourism Group Duty Free 10-Year ROIIC % Related Terms
China Tourism Group Duty Free 10-Year ROIIC % Historical Data
* 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.
China Tourism Group Duty Free 10-Year ROIIC % Chart
CTGDF vs CASY, WSM, ULTA: 10-Year ROIIC % Comparison
For the Specialty Retail subindustry, China Tourism Group Duty Free's 10-Year ROIIC %, along with its competitors' market caps and 10-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.
China Tourism Group Duty Free 10-Year ROIIC % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, China Tourism Group Duty Free's 10-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where China Tourism Group Duty Free's 10-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 10-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.
China Tourism Group Duty Free (CTGDF) has a 10-Year ROIIC % of 8.38 as of Dec. 2025. 10-Year ROIIC % measures the change in earnings as a percentage of change in investment over 10-year. View historical data on China Tourism Group Duty Free and its competitors. According to the industry distribution chart, China Tourism Group Duty Free ranks #357 out of 920 companies in the Retail - Cyclical industry, placing it in the top 38.8%.
Is China Tourism Group Duty Free's 10-Year ROIIC % too high?
China Tourism Group Duty Free's current 10-Year ROIIC % is 8.38. The Retail - Cyclical industry median 10-Year ROIIC % is 3.60. China Tourism Group Duty Free's value of 8.38 is 133.1% above this industry median. Based on the distribution chart, China Tourism Group Duty Free ranks #357 out of 920 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, China Tourism Group Duty Free has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Tourism Group Duty Free's 10-Year ROIIC % compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, China Tourism Group Duty Free ranks #357 out of 920 companies for 10-Year ROIIC %. This puts China Tourism Group Duty Free in the upper half of its industry. The industry median 10-Year ROIIC % is 3.60. China Tourism Group Duty Free's value of 8.38 is 133.1% 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 10-Year ROIIC % for a Retail - Cyclical company?
The median 10-Year ROIIC % among Retail - Cyclical companies is 3.60, based on 920 companies in the industry. Companies in the top quartile (top 25%) have a 10-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 10-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. China Tourism Group Duty Free's current 10-Year ROIIC % of 8.38 is 133.1% 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 10-Year ROIIC % mean?
A high 10-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 10-Year ROIIC % measures the change in earnings as a percentage of change in investment over 10-year. View historical data on China Tourism Group Duty Free and its competitors. For the Retail - Cyclical industry, the median 10-Year ROIIC % is 3.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Tourism Group Duty Free's current 10-Year ROIIC % is 8.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Tourism Group Duty Free stock overvalued right now?
Based on GuruFocus' analysis, China Tourism Group Duty Free (CTGDF) is currently considered Modestly Undervalued. The stock's GF Value™ is $8.07, compared to a current price of $6.25 — trading 22.6% below its estimated fair value. The current 10-Year ROIIC % is 8.38 and 133.1% above the Retail - Cyclical industry median of 3.60. China Tourism Group Duty Free's overall GF Score™ is 61/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 10-Year ROIIC % calculated?
10-Year ROIIC % is calculated from a company's financial statements. For China Tourism Group Duty Free (CTGDF), the current 10-Year ROIIC % is 8.38 as of Dec. 2025. 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 China Tourism Group Duty Free (CTGDF) Overvalued in 2026?
Based on GuruFocus' analysis, China Tourism Group Duty Free stock appears to be undervalued.
The current stock price of $6.25 is trading 22.6% below its estimated GF Value™ of $8.07.
GuruFocus considers China Tourism Group Duty Free to be Modestly Undervalued.
Key valuation signals for CTGDF:
10-Year ROIIC %: 8.38
GF Value™: $8.07 vs. price of $6.25 (22.6% below fair value)
Industry Position: 133.1% above the Retail - Cyclical median (#357 of 920)
No single metric tells the full story. See the CTGDF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Established in 1984, China Tourism Group Duty Free is China's largest and the world's second-largest travel retailer in 2025 with revenue of CNY 54 billion. The company primarily operates duty-free stores at airports, border crossings, offshore, downtown, and on flights, cruises and ships, with about 200 stores spanning over 33 provinces in China, as well as overseas. The company also operates a duty-paid business. Its 2025 revenue mix was 73% duty-free sales and 27% duty-paid sales and others. CTG Duty Free is 50% owned by China Tourism Group, a state-owned enterprise that falls directly under the State-owned Assets Supervision and Administration Commission of the State Council.
61GF Score
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