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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.
B&M European Value Retail's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was -71.65%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for B&M European Value Retail's 3-Year ROIIC % or its related term are showing as below:
LSE:BME's 3-Year ROIIC % is ranked worse than 93.92% of 296
companies
in the Retail - Defensive industry
Industry Median: 6.01
vs LSE:BME: -71.65
B&M European Value Retail (LSE:BME) 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.
B&M European Value Retail 3-Year ROIIC % Related Terms
B&M European Value Retail 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.
LSE:BME vs WMT, COST, TGT: 3-Year ROIIC % Comparison
For the Discount Stores subindustry, B&M European Value Retail'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.
B&M European Value Retail 3-Year ROIIC % vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, B&M European Value Retail's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where B&M European Value Retail's 3-Year ROIIC % falls into.
B&M European Value Retail 3-Year ROIIC % Calculation
B&M European Value Retail's 3-Year ROIIC % for the quarter that ended in Mar. 2026 is calculated as:
3-Year ROIIC %
=
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( 270.215 (Mar. 2026) - 427.8352 (Mar. 2023) )
/
( 3060 (Mar. 2026) - 2840 (Mar. 2023) )
=
-157.6202
/
220
=
-71.65%***
* 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.
B&M European Value Retail (LSE:BME) has a 3-Year ROIIC % of -71.65 as of Mar. 2026. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on B&M European Value Retail and its competitors. According to the industry distribution chart, B&M European Value Retail ranks #278 out of 296 companies in the Retail - Defensive industry, placing it in the top 93.9%.
Is B&M European Value Retail's 3-Year ROIIC % too high?
B&M European Value Retail's current 3-Year ROIIC % is -71.65. Based on the distribution chart, B&M European Value Retail ranks #278 out of 296 companies in the Retail - Defensive industry, which is in the bottom quartile relative to peers. Overall, B&M European Value Retail has a GF Score™ of 65/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does B&M European Value Retail's 3-Year ROIIC % compare to WMT and COST?
According to the Retail - Defensive industry distribution chart, B&M European Value Retail ranks #278 out of 296 companies for 3-Year ROIIC %. This places B&M European Value Retail in the lower half of its industry. The industry median 3-Year ROIIC % is 6.01. 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 - Defensive company?
The median 3-Year ROIIC % among Retail - Defensive companies is 6.01, based on 296 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 B&M European Value Retail and its competitors. For the Retail - Defensive industry, the median 3-Year ROIIC % is 6.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. B&M European Value Retail's current 3-Year ROIIC % is -71.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is B&M European Value Retail stock overvalued right now?
Based on GuruFocus' analysis, B&M European Value Retail (LSE:BME) is currently considered Significantly Undervalued. The stock's GF Value™ is £3.95, compared to a current price of £1.99 — trading 49.7% below its estimated fair value. The current 3-Year ROIIC % is -71.65. B&M European Value Retail's overall GF Score™ is 65/100 with 5 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 B&M European Value Retail (LSE:BME), the current 3-Year ROIIC % is -71.65 as of Mar. 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 B&M European Value Retail (LSE:BME) Overvalued in 2026?
Based on GuruFocus' analysis, B&M European Value Retail stock appears to be undervalued.
The current stock price of £1.99 is trading 49.7% below its estimated GF Value™ of £3.95.
GuruFocus considers B&M European Value Retail to be Significantly Undervalued.
Key valuation signals for LSE:BME:
3-Year ROIIC %: -71.65
GF Value™: £3.95 vs. price of £1.99 (49.7% below fair value)
No single metric tells the full story. See the LSE:BME stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
B&M European Value Retail PLC is a retailer offering a targeted range of fast-moving consumer goods (FMCG) and general merchandise products at consistently low prices. It operates under an everyday low-price and cost-focused model, emphasizing operational efficiency and affordability for customers. The Group is a European variety discount retailer providing products at low prices through its stores. The Group operates through three segments: B&M UK, Heron UK, and B&M France, with B&M UK generating the maximum revenue.
65GF Score
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