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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.
Meiji Holdings Co's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was -2.54%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Meiji Holdings Co's 3-Year ROIIC % or its related term are showing as below:
TSE:2269's 3-Year ROIIC % is ranked worse than 60.93% of 1830
companies
in the Consumer Packaged Goods industry
Industry Median: 2.705
vs TSE:2269: -2.54
Meiji Holdings Co (TSE:2269) 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.
Meiji Holdings Co 3-Year ROIIC % Related Terms
Meiji Holdings Co 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Meiji Holdings Co'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 Packaged Foods subindustry, Meiji Holdings Co'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.
Meiji Holdings Co 3-Year ROIIC % vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Meiji Holdings Co's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Meiji Holdings Co's 3-Year ROIIC % falls into.
* 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.
Meiji Holdings Co (TSE:2269) has a 3-Year ROIIC % of -2.54 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 Meiji Holdings Co and its competitors. According to the industry distribution chart, Meiji Holdings Co ranks #1115 out of 1830 companies in the Consumer Packaged Goods industry, placing it in the top 60.9%.
Is Meiji Holdings Co's 3-Year ROIIC % too high?
Meiji Holdings Co's current 3-Year ROIIC % is -2.54. Based on the distribution chart, Meiji Holdings Co ranks #1115 out of 1830 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Meiji Holdings Co has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Meiji Holdings Co's 3-Year ROIIC % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Meiji Holdings Co ranks #1115 out of 1830 companies for 3-Year ROIIC %. This places Meiji Holdings Co in the lower half of its industry. The industry median 3-Year ROIIC % is 2.71. 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 2.71, based on 1,830 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 Meiji Holdings Co and its competitors. For the Consumer Packaged Goods industry, the median 3-Year ROIIC % is 2.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Meiji Holdings Co's current 3-Year ROIIC % is -2.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meiji Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Meiji Holdings Co (TSE:2269) is currently considered Fairly Valued. The stock's GF Value™ is 円3,765.27, compared to a current price of 円3,743.00 — trading 0.6% below its estimated fair value. The current 3-Year ROIIC % is -2.54. Meiji Holdings Co's overall GF Score™ is 71/100 with 9 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 Meiji Holdings Co (TSE:2269), the current 3-Year ROIIC % is -2.54 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 Meiji Holdings Co (TSE:2269) Overvalued in 2026?
Based on GuruFocus' analysis, Meiji Holdings Co stock appears to be undervalued.
The current stock price of 円3,743.00 is trading 0.6% below its estimated GF Value™ of 円3,765.27.
GuruFocus considers Meiji Holdings Co to be Fairly Valued.
Key valuation signals for TSE:2269:
3-Year ROIIC %: -2.54
GF Value™: 円3,765.27 vs. price of 円3,743.00 (0.6% below fair value)
No single metric tells the full story. See the TSE:2269 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Meiji Holdings was established in 2009 as a merged entity of Meiji Dairies, Japan's largest dairy company, and Meiji Seika, the country's number-two confectionery maker. A surge in commodity prices, Japan's aging and shrinking population, and fierce competition propelled the amalgamation. The food business—dairy, cacao, nutrition, and food solutions—represents about 80% of the group's sales and 70% of profits. The rest comes from the pharmaceutical business, specializing in antibacterial and generic drugs, as well as vaccines. Overseas food operations, mainly in China, the US, and Southeast Asia, constitute merely 6.5% of the group's sales, which are in the red due to a surge in investment in China's new factories and fierce price competition initiated by Chinese dairymakers.
71GF Score
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