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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.
CVS Bay Area's 3-Year ROIIC % for the quarter that ended in Feb. 2026 was 0.00%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for CVS Bay Area's 3-Year ROIIC % or its related term are showing as below:
TSE:2687's 3-Year ROIIC % is not ranked *
in the Retail - Defensive industry.
Industry Median: 6.07 * Ranked among companies with meaningful 3-Year ROIIC % only.
CVS Bay Area (TSE:2687) 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.
CVS Bay Area 3-Year ROIIC % Related Terms
CVS Bay Area 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for CVS Bay Area'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 Grocery Stores subindustry, CVS Bay Area'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.
CVS Bay Area 3-Year ROIIC % vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, CVS Bay Area's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where CVS Bay Area's 3-Year ROIIC % falls into.
CVS Bay Area'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**
=
( 130.053 (Feb. 2026) - 0 (Feb. 2023) )
/
( 10110.375 (Feb. 2026) - 8322.79 (Feb. 2023) )
=
/
1787.585
=
0.00%***
* 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.
CVS Bay Area (TSE:2687) has a 3-Year ROIIC % of 0.00 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 CVS Bay Area and its competitors. According to the industry distribution chart, CVS Bay Area ranks #999999 out of 295 companies in the Retail - Defensive industry.
Is CVS Bay Area's 3-Year ROIIC % too high?
CVS Bay Area's current 3-Year ROIIC % is 0.00. Based on the distribution chart, CVS Bay Area ranks #999999 out of 295 companies in the Retail - Defensive industry, which is in the bottom quartile relative to peers. Overall, CVS Bay Area has a GF Score™ of 44/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CVS Bay Area's 3-Year ROIIC % compare to KR?
According to the Retail - Defensive industry distribution chart, CVS Bay Area ranks #999999 out of 295 companies for 3-Year ROIIC %. This places CVS Bay Area in the lower half of its industry. The industry median 3-Year ROIIC % is 6.07. 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 6.07, based on 295 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 CVS Bay Area and its competitors. For the Retail - Defensive industry, the median 3-Year ROIIC % is 6.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CVS Bay Area's current 3-Year ROIIC % is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CVS Bay Area stock overvalued right now?
Based on GuruFocus' analysis, CVS Bay Area (TSE:2687) is currently considered Modestly Undervalued. The stock's GF Value™ is 円608.99, compared to a current price of 円498.00 — trading 18.2% below its estimated fair value. The current 3-Year ROIIC % is 0.00. CVS Bay Area's overall GF Score™ is 44/100 with 6 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 CVS Bay Area (TSE:2687), the current 3-Year ROIIC % is 0.00 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 CVS Bay Area (TSE:2687) Overvalued in 2026?
Based on GuruFocus' analysis, CVS Bay Area stock appears to be undervalued.
The current stock price of 円498.00 is trading 18.2% below its estimated GF Value™ of 円608.99.
GuruFocus considers CVS Bay Area to be Modestly Undervalued.
Key valuation signals for TSE:2687:
3-Year ROIIC %: 0.00
GF Value™: 円608.99 vs. price of 円498.00 (18.2% below fair value)
No single metric tells the full story. See the TSE:2687 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CVS Bay Area Inc engaged in operating convenience store named Lawson and business hotel named Bay Hotel. The company is also engaged in mansion front business at condominiums and reception and office butler service for enterprise, and cleaning business.
44GF Score
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