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Marisa LojasBSP:AMAR3 26 3-Year ROIIC % is 638.86 as of Dec. 2025, which is 11665% above its 10-year median of 5.43. GuruFocus rates BSP:AMAR3 with a GF Score™ of 26/100 and a GF Value™ of R$0.34 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,057 Retail - Cyclical companies, Marisa Lojas ranks better than 98.11% 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.
Marisa Lojas's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 638.86%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Marisa Lojas's 3-Year ROIIC % or its related term are showing as below:
BSP:AMAR3's 3-Year ROIIC % is ranked better than 98.11% of 1057
companies
in the Retail - Cyclical industry
Industry Median: 4.82
vs BSP:AMAR3: 638.86
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.
Marisa Lojas 3-Year ROIIC % Related Terms
Marisa Lojas 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Marisa Lojas's 3-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.
BSP:AMAR3 vs TJX, ROST, BURL: 3-Year ROIIC % Comparison
For the Apparel Retail subindustry, Marisa Lojas'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.
Marisa Lojas 3-Year ROIIC % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Marisa Lojas's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Marisa Lojas's 3-Year ROIIC % falls into.
Marisa Lojas'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**
=
( 257.746 (Dec. 2025) - -6.002 (Dec. 2022) )
/
( 1907.094 (Dec. 2025) - 1865.81 (Dec. 2022) )
=
263.748
/
41.284
=
638.86%***
* 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.
Marisa Lojas (BSP:AMAR3) has a 3-Year ROIIC % of 638.86 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 Marisa Lojas and its competitors. This is 11665% above median its historical median of 5.43. According to the industry distribution chart, Marisa Lojas ranks #20 out of 1057 companies in the Retail - Cyclical industry, placing it in the top 1.9%.
Is Marisa Lojas' 3-Year ROIIC % too high?
Marisa Lojas' current 3-Year ROIIC % of 638.86 is 11665% above median its 10-year median of 5.43. The Retail - Cyclical industry median 3-Year ROIIC % is 4.82. Marisa Lojas' value of 638.86 is 13154.4% above this industry median. Based on the distribution chart, Marisa Lojas ranks #20 out of 1057 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Marisa Lojas has a GF Score™ of 26/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Marisa Lojas' 3-Year ROIIC % compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, Marisa Lojas ranks #20 out of 1057 companies for 3-Year ROIIC %. This places Marisa Lojas in the top 2% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 4.82. Marisa Lojas' value of 638.86 is 13154.4% above this benchmark. While the company's 10-year median is 5.43 vs. the industry median of 4.82, Marisa Lojas 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 Retail - Cyclical company?
The median 3-Year ROIIC % among Retail - Cyclical companies is 4.82, based on 1,057 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. Marisa Lojas's current 3-Year ROIIC % of 638.86 is 13154.4% 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 Marisa Lojas and its competitors. For the Retail - Cyclical industry, the median 3-Year ROIIC % is 4.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marisa Lojas's current 3-Year ROIIC % is 638.86, which is 11665% above median its own 10-year median of 5.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marisa Lojas stock overvalued right now?
Based on GuruFocus' analysis, Marisa Lojas (BSP:AMAR3) is currently considered Significantly Overvalued. The stock's GF Value™ is R$0.34, compared to a current price of R$0.62 — trading 82.4% above its estimated fair value. The current 3-Year ROIIC % is 638.86, which is 11665% above median its 10-year median of 5.43 and 13154.4% above the Retail - Cyclical industry median of 4.82. Marisa Lojas' overall GF Score™ is 26/100 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 Marisa Lojas (BSP:AMAR3), the current 3-Year ROIIC % is 638.86 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 Marisa Lojas (BSP:AMAR3) Overvalued in 2026?
Based on GuruFocus' analysis, Marisa Lojas stock appears to be overvalued.
The current stock price of R$0.62 is trading 82.4% above its estimated GF Value™ of R$0.34.
GuruFocus considers Marisa Lojas to be Significantly Overvalued.
Key valuation signals for BSP:AMAR3:
3-Year ROIIC %: 638.86 (11665% above median its 10-year median of 5.43)
GF Value™: R$0.34 vs. price of R$0.62 (82.4% above fair value)
Industry Position: 13154.4% above the Retail - Cyclical median (#20 of 1057)
No single metric tells the full story. See the BSP:AMAR3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Marisa Lojas SA is a retail store operator in Brazil. Its stores offer products related to fashion, underwear, footwear, and accessories for women, men, and children. Its products also include beds, tablecloths, children's bathrobes, and towels for home use. The company's income derives from three operating segments. The retail segment, which is the key revenue generator, includes the sale of clothing items, perfumes, beauty products, and watches, in physical stores and e-commerce. The credit card transactions segment is managed by the subsidiary and offered to the company's clients for the credit purchase of products, insurance, and payment of bills. The consumer credit segment offers personal loans to the company's consumers.
26GF Score
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