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.
Pick N Pay Stores's 3-Year ROIIC % for the quarter that ended in Feb. 2026 was 40.70%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Pick N Pay Stores's 3-Year ROIIC % or its related term are showing as below:
FRA:PIK's 3-Year ROIIC % is ranked better than 84.01% of 1057
companies
in the Retail - Cyclical industry
Industry Median: 4.64
vs FRA:PIK: 40.70
Pick N Pay Stores (FRA:PIK) 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.
Pick N Pay Stores 3-Year ROIIC % Related Terms
Pick N Pay Stores 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Pick N Pay Stores'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 Department Stores subindustry, Pick N Pay Stores'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.
Pick N Pay Stores 3-Year ROIIC % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Pick N Pay Stores's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Pick N Pay Stores's 3-Year ROIIC % falls into.
Pick N Pay Stores's 3-Year ROIIC % for the quarter that ended in Feb. 2026 is calculated as:
3-Year ROIIC %
=
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( -62.258 (Feb. 2026) - 27.9692075 (Feb. 2023) )
/
( 1556.248 (Feb. 2026) - 1754.115 (Feb. 2023) )
=
-90.2272075
/
-197.867
=
45.60%***
* 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.
Pick N Pay Stores (FRA:PIK) has a 3-Year ROIIC % of 40.70 as of Feb. 2026. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Pick N Pay Stores and its competitors. According to the industry distribution chart, Pick N Pay Stores ranks #169 out of 1057 companies in the Retail - Cyclical industry, placing it in the top 16%.
Is Pick N Pay Stores' 3-Year ROIIC % too high?
Pick N Pay Stores' current 3-Year ROIIC % is 40.70. The Retail - Cyclical industry median 3-Year ROIIC % is 4.64. Pick N Pay Stores' value of 40.70 is 777.2% above this industry median. Based on the distribution chart, Pick N Pay Stores ranks #169 out of 1057 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Pick N Pay Stores has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Pick N Pay Stores' 3-Year ROIIC % compare to DDS and M?
According to the Retail - Cyclical industry distribution chart, Pick N Pay Stores ranks #169 out of 1057 companies for 3-Year ROIIC %. This places Pick N Pay Stores in the top 16% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 4.64. Pick N Pay Stores' value of 40.70 is 777.2% above this benchmark. 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 4.64, 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. Pick N Pay Stores's current 3-Year ROIIC % of 40.70 is 777.2% 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 Pick N Pay Stores and its competitors. For the Retail - Cyclical industry, the median 3-Year ROIIC % is 4.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pick N Pay Stores's current 3-Year ROIIC % is 40.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pick N Pay Stores stock overvalued right now?
Based on GuruFocus' analysis, Pick N Pay Stores (FRA:PIK) is currently considered Modestly Undervalued. The stock's GF Value™ is €1.23, compared to a current price of €1.04 — trading 15.4% below its estimated fair value. The current 3-Year ROIIC % is 40.70 and 777.2% above the Retail - Cyclical industry median of 4.64. Pick N Pay Stores' overall GF Score™ is 63/100 with 2 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 Pick N Pay Stores (FRA:PIK), the current 3-Year ROIIC % is 40.70 as of Feb. 2026. 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 Pick N Pay Stores (FRA:PIK) Overvalued in 2026?
Based on GuruFocus' analysis, Pick N Pay Stores stock appears to be undervalued.
The current stock price of €1.04 is trading 15.4% below its estimated GF Value™ of €1.23.
GuruFocus considers Pick N Pay Stores to be Modestly Undervalued.
Key valuation signals for FRA:PIK:
3-Year ROIIC %: 40.70
GF Value™: €1.23 vs. price of €1.04 (15.4% below fair value)
Industry Position: 777.2% above the Retail - Cyclical median (#169 of 1057)
No single metric tells the full story. See the FRA:PIK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pick N Pay Stores Ltd is a South African multiformat and multichannel retailer. The company operates in South Africa, Namibia, Botswana, Zambia, Mauritius, Swaziland, and Lesotho. The company offers food and groceries, clothing, general merchandise, and services across multiple store formats, both franchised and owned. The customer base is mainly represented by middle-income South African consumer. The portfolio of stores is composed of supermarkets, hypermarkets, local shops, express shops, clothing shops, liquor stores, and others.
63GF Score
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