Modern Plant Based FoodsMDRNF 3-Year ROIIC % is 243.38 as of Aug. 2025. The stock has 4 warning signs investors should review. Among 1,831 Consumer Packaged Goods companies, Modern Plant Based Foods ranks better than 96.45% 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.
Modern Plant Based Foods's 3-Year ROIIC % for the quarter that ended in Aug. 2025 was 243.38%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Modern Plant Based Foods's 3-Year ROIIC % or its related term are showing as below:
MDRNF's 3-Year ROIIC % is ranked better than 96.45% of 1831
companies
in the Consumer Packaged Goods industry
Industry Median: 2.92
vs MDRNF: 243.38
Modern Plant Based Foods (OTCPK:MDRNF) 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.
Modern Plant Based Foods 3-Year ROIIC % Related Terms
Modern Plant Based Foods 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.
For the Packaged Foods subindustry, Modern Plant Based Foods'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.
Modern Plant Based Foods 3-Year ROIIC % vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Modern Plant Based Foods's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Modern Plant Based Foods's 3-Year ROIIC % falls into.
Modern Plant Based Foods 3-Year ROIIC % Calculation
Modern Plant Based Foods's 3-Year ROIIC % for the quarter that ended in Aug. 2025 is calculated as:
3-Year ROIIC %
=
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( -0.373 (Aug. 2025) - -4.0852233 (Aug. 2022) )
/
( 1.912 (Aug. 2025) - 0.526 (Aug. 2022) )
=
3.7122233
/
1.386
=
267.84%***
* 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.
Modern Plant Based Foods (MDRNF) has a 3-Year ROIIC % of 243.38 as of Aug. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Modern Plant Based Foods and its competitors. According to the industry distribution chart, Modern Plant Based Foods ranks #65 out of 1831 companies in the Consumer Packaged Goods industry, placing it in the top 3.5%.
Is Modern Plant Based Foods' 3-Year ROIIC % too high?
Modern Plant Based Foods' current 3-Year ROIIC % is 243.38. The Consumer Packaged Goods industry median 3-Year ROIIC % is 2.92. Modern Plant Based Foods' value of 243.38 is 8234.9% above this industry median. Based on the distribution chart, Modern Plant Based Foods ranks #65 out of 1831 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers.
How does Modern Plant Based Foods' 3-Year ROIIC % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Modern Plant Based Foods ranks #65 out of 1831 companies for 3-Year ROIIC %. This places Modern Plant Based Foods in the top 4% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 2.92. Modern Plant Based Foods' value of 243.38 is 8234.9% 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 Consumer Packaged Goods company?
The median 3-Year ROIIC % among Consumer Packaged Goods companies is 2.92, based on 1,831 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. Modern Plant Based Foods's current 3-Year ROIIC % of 243.38 is 8234.9% 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 Modern Plant Based Foods and its competitors. For the Consumer Packaged Goods industry, the median 3-Year ROIIC % is 2.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Modern Plant Based Foods's current 3-Year ROIIC % is 243.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Modern Plant Based Foods stock overvalued right now?
Based on GuruFocus' analysis, Modern Plant Based Foods (MDRNF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.11, compared to a current price of $0.05 — trading 52.5% below its estimated fair value. The current 3-Year ROIIC % is 243.38 and 8234.9% above the Consumer Packaged Goods industry median of 2.92. 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 Modern Plant Based Foods (MDRNF), the current 3-Year ROIIC % is 243.38 as of Aug. 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.
Modern Plant Based Foods Inc is a Canadian food company engaged in developing and selling plant-based meat alternatives made from plants. It offers a portfolio of plant-based products including meat alternatives, dairy-free cheeses, homemade style soups and vegan snacks. The company's product lineup includes the modern burgers, modern crabcakes, modern meatballs, modern crumbles, and sauces. It offers its products through various retail locations in the British Columbia Lower Mainland, as well as on e-commerce platforms. The company's revenue consists of sales of plant-based and health food products to wholesale and retail customers. Geographically, it derives the maximum revenue from Canada.
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