Fevertree DrinksFQVTY -0.09%64 3-Year ROIIC % is 24.23 as of Dec. 2025, which is 286% above its 10-year median of 6.28. GuruFocus rates FQVTY with a GF Score™ of 64/100 and a GF Value™ of $12.25 (Fairly Valued). The stock has 6 warning signs investors should review. Among 106 Beverages - Non-Alcoholic companies, Fevertree Drinks ranks better than 70.75% 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.
Fevertree Drinks's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 24.23%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Fevertree Drinks's 3-Year ROIIC % or its related term are showing as below:
FQVTY's 3-Year ROIIC % is ranked better than 70.75% of 106
companies
in the Beverages - Non-Alcoholic industry
Industry Median: 10.505
vs FQVTY: 24.23
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.
Fevertree Drinks 3-Year ROIIC % Related Terms
Fevertree Drinks 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Fevertree Drinks'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.
For the Beverages - Non-Alcoholic subindustry, Fevertree Drinks'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.
Fevertree Drinks 3-Year ROIIC % vs Beverages - Non-Alcoholic Industry
For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Fevertree Drinks's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Fevertree Drinks'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.
Fevertree Drinks (FQVTY) has a 3-Year ROIIC % of 24.23 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 Fevertree Drinks and its competitors. This is 286% above median its historical median of 6.28. According to the industry distribution chart, Fevertree Drinks ranks #31 out of 106 companies in the Beverages - Non-Alcoholic industry, placing it in the top 29.2%.
Is Fevertree Drinks' 3-Year ROIIC % too high?
Fevertree Drinks' current 3-Year ROIIC % of 24.23 is 286% above median its 10-year median of 6.28. The Beverages - Non-Alcoholic industry median 3-Year ROIIC % is 10.51. Fevertree Drinks' value of 24.23 is 130.7% above this industry median. Based on the distribution chart, Fevertree Drinks ranks #31 out of 106 companies in the Beverages - Non-Alcoholic industry, which is above the industry midpoint. Overall, Fevertree Drinks has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Fevertree Drinks' 3-Year ROIIC % compare to KO and PEP?
According to the Beverages - Non-Alcoholic industry distribution chart, Fevertree Drinks ranks #31 out of 106 companies for 3-Year ROIIC %. This puts Fevertree Drinks in the upper half of its industry. The industry median 3-Year ROIIC % is 10.51. Fevertree Drinks' value of 24.23 is 130.7% above this benchmark. While the company's 10-year median is 6.28 vs. the industry median of 10.51, Fevertree Drinks 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 Beverages - Non-Alcoholic company?
The median 3-Year ROIIC % among Beverages - Non-Alcoholic companies is 10.51, based on 106 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. Fevertree Drinks's current 3-Year ROIIC % of 24.23 is 130.7% 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 Fevertree Drinks and its competitors. For the Beverages - Non-Alcoholic industry, the median 3-Year ROIIC % is 10.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fevertree Drinks's current 3-Year ROIIC % is 24.23, which is 286% above median its own 10-year median of 6.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fevertree Drinks stock overvalued right now?
Based on GuruFocus' analysis, Fevertree Drinks (FQVTY) is currently considered Fairly Valued. The stock's GF Value™ is $12.25, compared to a current price of $11.19 — trading 8.7% below its estimated fair value. The current 3-Year ROIIC % is 24.23, which is 286% above median its 10-year median of 6.28 and 130.7% above the Beverages - Non-Alcoholic industry median of 10.51. Fevertree Drinks' overall GF Score™ is 64/100 with 6 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 Fevertree Drinks (FQVTY), the current 3-Year ROIIC % is 24.23 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 Fevertree Drinks (FQVTY) Overvalued in 2026?
Based on GuruFocus' analysis, Fevertree Drinks stock appears to be undervalued.
The current stock price of $11.19 is trading 8.7% below its estimated GF Value™ of $12.25.
GuruFocus considers Fevertree Drinks to be Fairly Valued.
Key valuation signals for FQVTY:
3-Year ROIIC %: 24.23 (286% above median its 10-year median of 6.28)
GF Value™: $12.25 vs. price of $11.19 (8.7% below fair value)
Industry Position: 130.7% above the Beverages - Non-Alcoholic median (#31 of 106)
No single metric tells the full story. See the FQVTY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fevertree Drinks PLC is a UK based holding and investment company. The company is engaged in the business activity of developing and marketing premium mixer drinks. Its product portfolio includes Indian tonic water, Mediterranean tonic water, Elderflower tonic water, Aromatic tonic water, Clementine tonic water, Lemon tonic water, Ginger beer, Ginger ale, Smoky ginger ale, Spiced orange ginger ale, Madagascan cola, Sicilian lemonade, Lemonade, Premium Soda Water and Mediterranean Orange. Geographically, company is divided into two segments US segment representing profits from USA cities and Rest of Group segment which represents profits directly attributable to UK, European and RoW regions of which majority of the revenue is from the United Kingdom.
64GF Score
Get the complete analysis for FQVTY
3-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FQVTY has been successfully added to your 
