Associated British FoodsASBFY +0.66%76 3-Year ROIIC % is 45.42 as of Aug. 2025, which is 359% above its 10-year median of 9.89. GuruFocus rates ASBFY with a GF Score™ of 76/100 and a GF Value™ of $30.15 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,830 Consumer Packaged Goods companies, Associated British Foods ranks better than 84.7% on this metric.
3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year.
Associated British Foods's 3-Year ROIIC % for the quarter that ended in Aug. 2025 was 45.42%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Associated British Foods's 3-Year ROIIC % or its related term are showing as below:
ASBFY's 3-Year ROIIC % is ranked better than 84.7% of 1830
companies
in the Consumer Packaged Goods industry
Industry Median: 2.89
vs ASBFY: 45.42
Associated British Foods (OTCPK:ASBFY) 3-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.
Associated British Foods 3-Year ROIIC % Related Terms
Associated British Foods 3-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.
For the Packaged Foods subindustry, Associated British Foods's 3-Year ROIIC %, along with its competitors' market caps and 3-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.
Associated British Foods 3-Year ROIIC % vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Associated British Foods's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Associated British Foods's 3-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 3-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.
Associated British Foods (ASBFY) has a 3-Year ROIIC % of 45.42 as of Aug. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Associated British Foods and its competitors. This is 359% above median its historical median of 9.89. According to the industry distribution chart, Associated British Foods ranks #280 out of 1830 companies in the Consumer Packaged Goods industry, placing it in the top 15.3%.
Is Associated British Foods' 3-Year ROIIC % too high?
Associated British Foods' current 3-Year ROIIC % of 45.42 is 359% above median its 10-year median of 9.89. The Consumer Packaged Goods industry median 3-Year ROIIC % is 2.89. Associated British Foods' value of 45.42 is 1471.6% above this industry median. Based on the distribution chart, Associated British Foods ranks #280 out of 1830 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Associated British Foods has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Associated British Foods' 3-Year ROIIC % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Associated British Foods ranks #280 out of 1830 companies for 3-Year ROIIC %. This places Associated British Foods in the top 15% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 2.89. Associated British Foods' value of 45.42 is 1471.6% above this benchmark. While the company's 10-year median is 9.89 vs. the industry median of 2.89, Associated British Foods has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year ROIIC % for a Consumer Packaged Goods company?
The median 3-Year ROIIC % among Consumer Packaged Goods companies is 2.89, based on 1,830 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Associated British Foods's current 3-Year ROIIC % of 45.42 is 1471.6% 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 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Associated British Foods and its competitors. For the Consumer Packaged Goods industry, the median 3-Year ROIIC % is 2.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Associated British Foods's current 3-Year ROIIC % is 45.42, which is 359% above median its own 10-year median of 9.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Associated British Foods stock overvalued right now?
Based on GuruFocus' analysis, Associated British Foods (ASBFY) is currently considered Modestly Undervalued. The stock's GF Value™ is $30.15, compared to a current price of $25.88 — trading 14.2% below its estimated fair value. The current 3-Year ROIIC % is 45.42, which is 359% above median its 10-year median of 9.89 and 1471.6% above the Consumer Packaged Goods industry median of 2.89. Associated British Foods' overall GF Score™ is 76/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For Associated British Foods (ASBFY), the current 3-Year ROIIC % is 45.42 as of Aug. 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 Associated British Foods (ASBFY) Overvalued in 2026?
Based on GuruFocus' analysis, Associated British Foods stock appears to be undervalued.
The current stock price of $25.88 is trading 14.2% below its estimated GF Value™ of $30.15.
GuruFocus considers Associated British Foods to be Modestly Undervalued.
Key valuation signals for ASBFY:
3-Year ROIIC %: 45.42 (359% above median its 10-year median of 9.89)
GF Value™: $30.15 vs. price of $25.88 (14.2% below fair value)
Industry Position: 1471.6% above the Consumer Packaged Goods median (#280 of 1830)
No single metric tells the full story. See the ASBFY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Associated British Foods is a diversified international food, ingredients, and retail group with 138,000 employees and operations in 56 countries across Europe, Africa, the Americas, Asia, and Australia. The group sells branded groceries, grows and processes sugar, supplies farmers with crop input and animal feed, and runs the multinational Primark clothing retail chain. It also supplies ingredients like bakers' yeast, enzymes, lipids, and cereal specialties. In fiscal 2025, approximately 36% of sales came from the UK, and Primark accounted for around 60% of operating profit.On April 21, 2026, ABF announced it plans to separate Primark and the food businesses. Subject to approvals, the demerger is expected to become effective at the end of 2027.
76GF Score
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