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High Liner FoodsFRA:28Y +2.27%82 3-Year ROIIC % is 31.95 as of Dec. 2025, which is 477% above its 10-year median of 5.54. GuruFocus rates FRA:28Y with a GF Score™ of 82/100 and a GF Value™ of €10.34. The stock has 4 warning signs investors should review. Among 1,831 Consumer Packaged Goods companies, High Liner Foods ranks better than 79.68% 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.
High Liner Foods's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 31.95%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for High Liner Foods's 3-Year ROIIC % or its related term are showing as below:
FRA:28Y's 3-Year ROIIC % is ranked better than 79.68% of 1831
companies
in the Consumer Packaged Goods industry
Industry Median: 2.72
vs FRA:28Y: 31.95
High Liner Foods (FRA:28Y) 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.
High Liner Foods 3-Year ROIIC % Related Terms
High Liner Foods 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for High Liner Foods'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 Packaged Foods subindustry, High Liner 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.
High Liner Foods 3-Year ROIIC % vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, High Liner Foods's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where High Liner Foods's 3-Year ROIIC % falls into.
High Liner Foods'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**
=
( 45.410194 (Dec. 2025) - 60.631317 (Dec. 2022) )
/
( 666.644 (Dec. 2025) - 778.545 (Dec. 2022) )
=
-15.221123
/
-111.901
=
13.60%***
* 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.
High Liner Foods (FRA:28Y) has a 3-Year ROIIC % of 31.95 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 High Liner Foods and its competitors. This is 477% above median its historical median of 5.54. According to the industry distribution chart, High Liner Foods ranks #372 out of 1831 companies in the Consumer Packaged Goods industry, placing it in the top 20.3%.
Is High Liner Foods' 3-Year ROIIC % too high?
High Liner Foods' current 3-Year ROIIC % of 31.95 is 477% above median its 10-year median of 5.54. The Consumer Packaged Goods industry median 3-Year ROIIC % is 2.72. High Liner Foods' value of 31.95 is 1074.6% above this industry median. Based on the distribution chart, High Liner Foods ranks #372 out of 1831 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, High Liner Foods has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does High Liner Foods' 3-Year ROIIC % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, High Liner Foods ranks #372 out of 1831 companies for 3-Year ROIIC %. This places High Liner Foods in the top 20% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 2.72. High Liner Foods' value of 31.95 is 1074.6% above this benchmark. While the company's 10-year median is 5.54 vs. the industry median of 2.72, High Liner 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 2.72, based on 1,831 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. High Liner Foods's current 3-Year ROIIC % of 31.95 is 1074.6% 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 High Liner Foods and its competitors. For the Consumer Packaged Goods industry, the median 3-Year ROIIC % is 2.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. High Liner Foods's current 3-Year ROIIC % is 31.95, which is 477% above median its own 10-year median of 5.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is High Liner Foods stock overvalued right now?
High Liner Foods (FRA:28Y) has a current 3-Year ROIIC % of 31.95. The stock's GF Value™ is €10.34, compared to a current price of €9.00 — trading 13% below its estimated fair value. The current 3-Year ROIIC % is 31.95, which is 477% above median its 10-year median of 5.54 and 1074.6% above the Consumer Packaged Goods industry median of 2.72. High Liner Foods' overall GF Score™ is 82/100 with 4 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 High Liner Foods (FRA:28Y), the current 3-Year ROIIC % is 31.95 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 High Liner Foods (FRA:28Y) Overvalued in 2026?
Based on GuruFocus' analysis, High Liner Foods stock appears to be undervalued.
The current stock price of €9.00 is trading 13% below its estimated GF Value™ of €10.34.
Key valuation signals for FRA:28Y:
3-Year ROIIC %: 31.95 (477% above median its 10-year median of 5.54)
GF Value™: €10.34 vs. price of €9.00 (13% below fair value)
Industry Position: 1074.6% above the Consumer Packaged Goods median (#372 of 1831)
No single metric tells the full story. See the FRA:28Y stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
High Liner Foods Inc is a Canadian company that is mainly engaged in the processing and marketing of prepared and packaged frozen seafood products. The company's retail branded products are sold throughout the United States and Canada under the High Liner, Sea Cuisine, Mrs. Paul's, Van de Kamp's, Fisher Boy, C.Wirthy, Mirabel, and Catch of the Day labels, and are available in grocery and club stores. It also sells branded products under the High Liner, Icelandic Seafood, Mirabel, and FPI labels to restaurants and institutions, and is a supplier of private-label, value-added frozen seafood products to North American food retailers and foodservice distributors.
82GF Score
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