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.
Glass House Brands's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was -46.23%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Glass House Brands's 3-Year ROIIC % or its related term are showing as below:
GLASF's 3-Year ROIIC % is ranked worse than 84% of 944
companies
in the Drug Manufacturers industry
Industry Median: 3.815
vs GLASF: -46.23
Glass House Brands (OTCPK:GLASF) 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.
Glass House Brands 3-Year ROIIC % Related Terms
Glass House Brands 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Glass House Brands'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 Drug Manufacturers - Specialty & Generic subindustry, Glass House Brands'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.
Glass House Brands 3-Year ROIIC % vs Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Glass House Brands's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Glass House Brands's 3-Year ROIIC % falls into.
Glass House Brands'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**
=
( -14.633 (Dec. 2025) - -44.6092518 (Dec. 2022) )
/
( 262.737 (Dec. 2025) - 327.576 (Dec. 2022) )
=
29.9762518
/
-64.839
=
-46.23%***
* 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.
Glass House Brands (GLASF) has a 3-Year ROIIC % of -46.23 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 Glass House Brands and its competitors. According to the industry distribution chart, Glass House Brands ranks #793 out of 944 companies in the Drug Manufacturers industry, placing it in the top 84%.
Is Glass House Brands' 3-Year ROIIC % too high?
Glass House Brands' current 3-Year ROIIC % is -46.23. Based on the distribution chart, Glass House Brands ranks #793 out of 944 companies in the Drug Manufacturers industry, which is in the bottom quartile relative to peers. Overall, Glass House Brands has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Glass House Brands' 3-Year ROIIC % compare to ZTS?
According to the Drug Manufacturers industry distribution chart, Glass House Brands ranks #793 out of 944 companies for 3-Year ROIIC %. This places Glass House Brands in the lower half of its industry. The industry median 3-Year ROIIC % is 3.82. 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 Drug Manufacturers company?
The median 3-Year ROIIC % among Drug Manufacturers companies is 3.82, based on 944 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 Glass House Brands and its competitors. For the Drug Manufacturers industry, the median 3-Year ROIIC % is 3.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Glass House Brands's current 3-Year ROIIC % is -46.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Glass House Brands stock overvalued right now?
Based on GuruFocus' analysis, Glass House Brands (GLASF) is currently considered Significantly Overvalued. The stock's GF Value™ is $6.13, compared to a current price of $12.21 — trading 99.2% above its estimated fair value. The current 3-Year ROIIC % is -46.23. Glass House Brands' overall GF Score™ is 44/100 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 Glass House Brands (GLASF), the current 3-Year ROIIC % is -46.23 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 Glass House Brands (GLASF) Overvalued in 2026?
Based on GuruFocus' analysis, Glass House Brands stock appears to be overvalued.
The current stock price of $12.21 is trading 99.2% above its estimated GF Value™ of $6.13.
GuruFocus considers Glass House Brands to be Significantly Overvalued.
Key valuation signals for GLASF:
3-Year ROIIC %: -46.23
GF Value™: $6.13 vs. price of $12.21 (99.2% above fair value)
No single metric tells the full story. See the GLASF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Glass House Brands Inc is an integrated cannabis company that operates exclusively in the state of California. Its portfolio of brands includes Glass House Farms, Forbidden Flowers, and Mama Sue Wellness. It cultivates, manufactures, and distributes cannabis bulk flower and trim to wholesalers and consumer packaged goods to third-party retail stores. It also owns and operates retail cannabis stores in the state of California. It has three reportable segments: Retail, Wholesale Biomass, and Cannabis-related consumer packaged goods. It generates the majority of its revenue from the Wholesale Biomass segment.
44GF Score
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