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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.
Meridian Holdings's 10-Year ROIIC % for the quarter that ended in Dec. 2025 was -1.46%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Meridian Holdings's 10-Year ROIIC % or its related term are showing as below:
MRDN's 10-Year ROIIC % is ranked worse than 63.26% of 694
companies
in the Travel & Leisure industry
Industry Median: 2.255
vs MRDN: -1.46
Meridian Holdings (NAS:MRDN) 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.
Meridian Holdings 10-Year ROIIC % Related Terms
Meridian Holdings 10-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Meridian Holdings's 10-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.
MRDN vs INSE, ROLR, GRSD: 10-Year ROIIC % Comparison
For the Gambling subindustry, Meridian Holdings'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.
Meridian Holdings 10-Year ROIIC % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Meridian Holdings's 10-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Meridian Holdings's 10-Year ROIIC % falls into.
Meridian Holdings's 10-Year ROIIC % for the quarter that ended in Dec. 2025 is calculated as:
10-Year ROIIC %
=
10-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
10-Year Incremental Invested Capital**
=
( -3.4307 (Dec. 2025) - -2.04 (Jul. 2015) )
/
( 98.061 (Dec. 2025) - 2.769 (Jul. 2015) )
=
-1.3907
/
95.292
=
-1.46%***
* 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.
Meridian Holdings (MRDN) has a 10-Year ROIIC % of -1.46 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 Meridian Holdings and its competitors. According to the industry distribution chart, Meridian Holdings ranks #439 out of 694 companies in the Travel & Leisure industry, placing it in the top 63.3%.
Is Meridian Holdings' 10-Year ROIIC % too high?
Meridian Holdings' current 10-Year ROIIC % is -1.46. Based on the distribution chart, Meridian Holdings ranks #439 out of 694 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Meridian Holdings has a GF Score™ of 74/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Meridian Holdings' 10-Year ROIIC % compare to INSE and ROLR?
According to the Travel & Leisure industry distribution chart, Meridian Holdings ranks #439 out of 694 companies for 10-Year ROIIC %. This places Meridian Holdings in the lower half of its industry. The industry median 10-Year ROIIC % is 2.26. 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 Travel & Leisure company?
The median 10-Year ROIIC % among Travel & Leisure companies is 2.26, based on 694 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. 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 Meridian Holdings and its competitors. For the Travel & Leisure industry, the median 10-Year ROIIC % is 2.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Meridian Holdings's current 10-Year ROIIC % is -1.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meridian Holdings stock overvalued right now?
Based on GuruFocus' analysis, Meridian Holdings (MRDN) is currently considered Possible Value Trap. The stock's GF Value™ is $25.12, compared to a current price of $14.30 — trading 43.1% below its estimated fair value. The current 10-Year ROIIC % is -1.46. Meridian Holdings' overall GF Score™ is 74/100 with 8 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 Meridian Holdings (MRDN), the current 10-Year ROIIC % is -1.46 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 Meridian Holdings (MRDN) Overvalued in 2026?
Based on GuruFocus' analysis, Meridian Holdings stock appears to be undervalued.
The current stock price of $14.30 is trading 43.1% below its estimated GF Value™ of $25.12.
GuruFocus considers Meridian Holdings to be Possible Value Trap.
Key valuation signals for MRDN:
10-Year ROIIC %: -1.46
GF Value™: $25.12 vs. price of $14.30 (43.1% below fair value)
No single metric tells the full story. See the MRDN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Meridian Holdings Inc is engaged in the online gaming and betting business, providing sports betting, online casino, and gaming operations across multiple jurisdictions in Europe, Africa, and Central and South America. The company has three reportable segments: MeridianBet Group, GMAG, and RKings & CFAC. The MeridianBet Group segment includes retail and online sports betting, casinos, and related gaming operations. The GMAG segment focuses on the resale of third-party gaming content, mainly serving customers in the Asia-Pacific region. The RKings & CFAC segment is involved in pay-to-enter prize competitions and trade promotions conducted in the United Kingdom and Australia. It generates the majority of its revenue from the MeridianBet Group segment.
74GF Score
Get the complete analysis for MRDN
10-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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