MGP Ingredients (FRA:M1I) 3-Year ROIIC % : -26.16% (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:M1I MGP Ingredients Inc FRA:M1I
57 GF Score
Price €15.50
GF Value €27.21
! 7 Warning Signs
View Full Analysis

What is MGP Ingredients 3-Year ROIIC %?

MGP Ingredients FRA:M1I 57 3-Year ROIIC % is -26.16 as of Dec. 2025. GuruFocus rates FRA:M1I with a GF Score™ of 57/100 and a GF Value™ of €27.21. The stock has 7 warning signs investors should review. Among 198 Beverages - Alcoholic companies, MGP Ingredients ranks worse than 75.76% 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. MGP Ingredients's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was -26.16%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for MGP Ingredients's 3-Year ROIIC % or its related term are showing as below:

FRA:M1I's 3-Year ROIIC % is ranked worse than
75.76% of 198 companies
in the Beverages - Alcoholic industry
Industry Median: 0.38 vs FRA:M1I: -26.16

MGP Ingredients  (FRA:M1I) 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.


MGP Ingredients 3-Year ROIIC % Related Terms


MGP Ingredients 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for MGP Ingredients'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.

MGP Ingredients 3-Year ROIIC % Chart

MGP Ingredients Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.32 10.29 9.25 0.07 -26.16

MGP Ingredients Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
3-Year ROIIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 -26.16 0.00

FRA:M1I vs AGCC, SNDL, CWGL: 3-Year ROIIC % Comparison

For the Beverages - Wineries & Distilleries subindustry, MGP Ingredients'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.


MGP Ingredients 3-Year ROIIC % vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, MGP Ingredients's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where MGP Ingredients's 3-Year ROIIC % falls into.


FRA:M1I
57GF Score
MGP Ingredients Inc FRA:M1I
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MGP Ingredients 3-Year ROIIC % Calculation

MGP Ingredients'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**
=( 71.315 (Dec. 2025) - 109.2218841 (Dec. 2022) )/( 976.25 (Dec. 2025) - 962.958 (Dec. 2022) )
=-37.9068841/13.292
=-285.19%***

* 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.

Frequently Asked Questions Learn more about 3-Year ROIIC % →
What does a 3-Year ROIIC % of -26.16 mean?
MGP Ingredients (FRA:M1I) has a 3-Year ROIIC % of -26.16 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 MGP Ingredients and its competitors. According to the industry distribution chart, MGP Ingredients ranks #150 out of 198 companies in the Beverages - Alcoholic industry, placing it in the top 75.8%.
Is MGP Ingredients' 3-Year ROIIC % too high?
MGP Ingredients' current 3-Year ROIIC % is -26.16. Based on the distribution chart, MGP Ingredients ranks #150 out of 198 companies in the Beverages - Alcoholic industry, which is in the bottom quartile relative to peers. Overall, MGP Ingredients has a GF Score™ of 57/100, reflecting its overall financial health beyond just this single metric.
How does MGP Ingredients' 3-Year ROIIC % compare to AGCC and SNDL?
According to the Beverages - Alcoholic industry distribution chart, MGP Ingredients ranks #150 out of 198 companies for 3-Year ROIIC %. This places MGP Ingredients in the lower half of its industry. The industry median 3-Year ROIIC % is 0.38. 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?
The median 3-Year ROIIC % among Beverages - Alcoholic companies is 0.38, based on 198 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. 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 MGP Ingredients and its competitors. For the Beverages - Alcoholic industry, the median 3-Year ROIIC % is 0.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MGP Ingredients's current 3-Year ROIIC % is -26.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MGP Ingredients stock overvalued right now?
MGP Ingredients (FRA:M1I) has a current 3-Year ROIIC % of -26.16. The stock's GF Value™ is €27.21, compared to a current price of €15.50 — trading 43% below its estimated fair value. The current 3-Year ROIIC % is -26.16. MGP Ingredients' overall GF Score™ is 57/100 with 7 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 MGP Ingredients (FRA:M1I), the current 3-Year ROIIC % is -26.16 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 MGP Ingredients (FRA:M1I) Overvalued in 2026?

Based on GuruFocus' analysis, MGP Ingredients stock appears to be undervalued. The current stock price of €15.50 is trading 43% below its estimated GF Value™ of €27.21.

Key valuation signals for FRA:M1I:

  • 3-Year ROIIC %: -26.16
  • GF Value™: €27.21 vs. price of €15.50 (43% below fair value)
  • GF Score™: 57/100 with 7 warning signs

No single metric tells the full story. See the FRA:M1I stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MGP Ingredients Business Description

Other Exchanges MGPI:USA
Address 100 Commercial Street, Box 130, Atchison, KS, USA, 66002
MGP Ingredients Inc is a producer and supplier of distilled spirits, specialty wheat protein, and starch food ingredients based in the United States. It operates in three reportable segments: Distillery Solutions, Branded Spirits Segment, and Ingredient Solutions. Maximum revenue is generated from the Branded Spirits segment, which consists of a portfolio of brands that it produces through its distilleries and bottling facilities and sells to distributors or to state governments that directly control the sale of alcohol. MGP's branded spirits include various brands across numerous categories and price tiers, such as Penelope Bourbon, Yellowstone Bourbon, Minor Case Straight Rye Whiskey, Brady's Irish Cream, Exotico Tequila, Arrow Cordials, Canada House Canadian Whisky, Lady Bligh Rum, etc.
57GF Score

Get the complete analysis for FRA:M1I

3-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€15.50
Price
€27.21
GF Value