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What is China Resources Beer (Holdings) Co 3-Year ROIIC %?
China Resources Beer (Holdings) CoFRA:CHK +3.17%90 3-Year ROIIC % is 3.39 as of Dec. 2025, which is 34% below its 10-year median of 5.11. GuruFocus rates FRA:CHK with a GF Score™ of 90/100 and a GF Value™ of €3.28 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 197 Beverages - Alcoholic companies, China Resources Beer (Holdings) Co ranks better than 55.84% 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.
China Resources Beer (Holdings) Co's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 3.39%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
FRA:CHK's 3-Year ROIIC % is ranked better than 55.84% of 197
companies
in the Beverages - Alcoholic industry
Industry Median: -0.05
vs FRA:CHK: 3.39
China Resources Beer (Holdings) Co (FRA:CHK) 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.
China Resources Beer (Holdings) Co 3-Year ROIIC % Related Terms
China Resources Beer (Holdings) Co 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.
China Resources Beer (Holdings) Co 3-Year ROIIC % Chart
FRA:CHK vs BUD, STZ, TAP: 3-Year ROIIC % Comparison
For the Beverages - Brewers subindustry, China Resources Beer (Holdings) Co'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.
China Resources Beer (Holdings) Co 3-Year ROIIC % vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, China Resources Beer (Holdings) Co's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where China Resources Beer (Holdings) Co'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.
China Resources Beer (Holdings) Co (FRA:CHK) has a 3-Year ROIIC % of 3.39 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 China Resources Beer (Holdings) Co and its competitors. This is 34% below median its historical median of 5.11. According to the industry distribution chart, China Resources Beer (Holdings) Co ranks #87 out of 197 companies in the Beverages - Alcoholic industry, placing it in the top 44.2%.
Is China Resources Beer (Holdings) Co's 3-Year ROIIC % too high?
China Resources Beer (Holdings) Co's current 3-Year ROIIC % of 3.39 is 34% below median its 10-year median of 5.11. Based on the distribution chart, China Resources Beer (Holdings) Co ranks #87 out of 197 companies in the Beverages - Alcoholic industry, which is above the industry midpoint. Overall, China Resources Beer (Holdings) Co has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Resources Beer (Holdings) Co's 3-Year ROIIC % compare to BUD and STZ?
According to the Beverages - Alcoholic industry distribution chart, China Resources Beer (Holdings) Co ranks #87 out of 197 companies for 3-Year ROIIC %. This puts China Resources Beer (Holdings) Co in the upper half of its industry. 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 China Resources Beer (Holdings) Co and its competitors. China Resources Beer (Holdings) Co's current 3-Year ROIIC % is 3.39, which is 34% below median its own 10-year median of 5.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Resources Beer (Holdings) Co stock overvalued right now?
Based on GuruFocus' analysis, China Resources Beer (Holdings) Co (FRA:CHK) is currently considered Modestly Undervalued. The stock's GF Value™ is €3.28, compared to a current price of €2.70 — trading 17.7% below its estimated fair value. The current 3-Year ROIIC % is 3.39, which is 34% below median its 10-year median of 5.11. China Resources Beer (Holdings) Co's overall GF Score™ is 90/100 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 China Resources Beer (Holdings) Co (FRA:CHK), the current 3-Year ROIIC % is 3.39 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 China Resources Beer (Holdings) Co (FRA:CHK) Overvalued in 2026?
Based on GuruFocus' analysis, China Resources Beer (Holdings) Co stock appears to be undervalued.
The current stock price of €2.70 is trading 17.7% below its estimated GF Value™ of €3.28.
GuruFocus considers China Resources Beer (Holdings) Co to be Modestly Undervalued.
Key valuation signals for FRA:CHK:
3-Year ROIIC %: 3.39 (34% below median its 10-year median of 5.11)
GF Value™: €3.28 vs. price of €2.70 (17.7% below fair value)
No single metric tells the full story. See the FRA:CHK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Resources Beer (Holdings) Co Business Description
China Resources Beer, or CR Beer, was originally a conglomerate enterprise with operations across retail, beer, food, and beverage industries. In September 2015, the company disposed of all its non-beer businesses and became a pure beer producer. Through a series of mergers and acquisitions, the company achieved its leadership position in China's beer industry. Amid the premiumization trend in the domestic beer market, CR Beer acquired Heineken China in 2019, which allows CR Beer access to a premium international beer brand and also leverages its sophisticated distribution network to grow Heineken's sales and market share. CR Beer is now China's largest brewer, with a volume share of about 26%, versus 15% of Tsingtao and 19% of Budweiser APAC, based on Euromonitor data.
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