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Budweiser Brewing Co APACBDWBY +1.72%76 3-Year ROIIC % is 23.10 as of Dec. 2025, which is 423% above its 10-year median of 4.42. GuruFocus rates BDWBY with a GF Score™ of 76/100 and a GF Value™ of $4.60 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 198 Beverages - Alcoholic companies, Budweiser Brewing Co APAC ranks better than 77.27% 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.
Budweiser Brewing Co APAC's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 23.10%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Budweiser Brewing Co APAC's 3-Year ROIIC % or its related term are showing as below:
BDWBY's 3-Year ROIIC % is ranked better than 77.27% of 198
companies
in the Beverages - Alcoholic industry
Industry Median: -0.1
vs BDWBY: 23.10
Budweiser Brewing Co APAC (OTCPK:BDWBY) 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.
Budweiser Brewing Co APAC 3-Year ROIIC % Related Terms
Budweiser Brewing Co APAC 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 Beverages - Brewers subindustry, Budweiser Brewing Co APAC'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.
Budweiser Brewing Co APAC 3-Year ROIIC % vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Budweiser Brewing Co APAC's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Budweiser Brewing Co APAC's 3-Year ROIIC % falls into.
Budweiser Brewing Co APAC 3-Year ROIIC % Calculation
Budweiser Brewing Co APAC's 3-Year ROIIC % for the quarter that ended in Dec. 2025 is calculated as:
3-Year ROIIC %
=
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( 516.726 (Dec. 2025) - 885.4209 (Dec. 2022) )
/
( 12505 (Dec. 2025) - 14095 (Dec. 2022) )
=
-368.6949
/
-1590
=
23.19%***
* 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.
Budweiser Brewing Co APAC (BDWBY) has a 3-Year ROIIC % of 23.10 as of Dec. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Budweiser Brewing Co APAC and its competitors. This is 423% above median its historical median of 4.42. According to the industry distribution chart, Budweiser Brewing Co APAC ranks #45 out of 198 companies in the Beverages - Alcoholic industry, placing it in the top 22.7%.
Is Budweiser Brewing Co APAC's 3-Year ROIIC % too high?
Budweiser Brewing Co APAC's current 3-Year ROIIC % of 23.10 is 423% above median its 10-year median of 4.42. Based on the distribution chart, Budweiser Brewing Co APAC ranks #45 out of 198 companies in the Beverages - Alcoholic industry, which is in the top quartile — a strong position relative to peers. Overall, Budweiser Brewing Co APAC has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Budweiser Brewing Co APAC's 3-Year ROIIC % compare to BUD and STZ?
According to the Beverages - Alcoholic industry distribution chart, Budweiser Brewing Co APAC ranks #45 out of 198 companies for 3-Year ROIIC %. This places Budweiser Brewing Co APAC in the top 23% of its industry — outperforming the majority of peers. 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 Beverages - Alcoholic company?
A good 3-Year ROIIC % depends on the Beverages - Alcoholic industry context. However, 3-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 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 Budweiser Brewing Co APAC and its competitors. Budweiser Brewing Co APAC's current 3-Year ROIIC % is 23.10, which is 423% above median its own 10-year median of 4.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Budweiser Brewing Co APAC stock overvalued right now?
Based on GuruFocus' analysis, Budweiser Brewing Co APAC (BDWBY) is currently considered Modestly Undervalued. The stock's GF Value™ is $4.60, compared to a current price of $3.36 — trading 27% below its estimated fair value. The current 3-Year ROIIC % is 23.10, which is 423% above median its 10-year median of 4.42. Budweiser Brewing Co APAC's overall GF Score™ is 76/100 with 5 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 Budweiser Brewing Co APAC (BDWBY), the current 3-Year ROIIC % is 23.10 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 Budweiser Brewing Co APAC (BDWBY) Overvalued in 2026?
Based on GuruFocus' analysis, Budweiser Brewing Co APAC stock appears to be undervalued.
The current stock price of $3.36 is trading 27% below its estimated GF Value™ of $4.60.
GuruFocus considers Budweiser Brewing Co APAC to be Modestly Undervalued.
Key valuation signals for BDWBY:
3-Year ROIIC %: 23.10 (423% above median its 10-year median of 4.42)
GF Value™: $4.60 vs. price of $3.36 (27% below fair value)
No single metric tells the full story. See the BDWBY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Budweiser APAC is the largest brewer in Asia by retail sales value and the second largest by volume, according to Euromonitor. After 10% of the business was listed on the Hong Kong exchange in 2019, parent Anheuser-Busch InBev owns close to 90% of the company's equity. Budweiser APAC's largest markets are China (roughly 75% of 2024 revenue), South Korea (20%), and India. The remaining comprises Japan, New Zealand, and other export markets in the Asia-Pacific region. The company predominantly produces, imports, markets, distributes, and sells a portfolio of more than 50 beer brands, both owned and licensed, including global brands Budweiser, Stella Artois, and Corona along with multicountry brands and local brands such as Hoegaarden, Cass, and Harbin.
76GF Score
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