Tsingtao Brewery CoTSGTY +0.61%86 3-Year ROIIC % is 11.39 as of Dec. 2025, which is 22% below its 10-year median of 14.66. GuruFocus rates TSGTY with a GF Score™ of 86/100 and a GF Value™ of $38.75 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 200 Beverages - Alcoholic companies, Tsingtao Brewery Co ranks better than 67% 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.
Tsingtao Brewery Co's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 11.39%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Tsingtao Brewery Co's 3-Year ROIIC % or its related term are showing as below:
TSGTY's 3-Year ROIIC % is ranked better than 67% of 200
companies
in the Beverages - Alcoholic industry
Industry Median: 1.05
vs TSGTY: 11.39
Tsingtao Brewery Co (OTCPK:TSGTY) 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.
Tsingtao Brewery Co 3-Year ROIIC % Related Terms
Tsingtao Brewery Co 3-Year ROIIC % Historical Data
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The historical data trend for Tsingtao Brewery 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 Beverages - Brewers subindustry, Tsingtao Brewery 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.
Tsingtao Brewery Co 3-Year ROIIC % vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Tsingtao Brewery Co's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Tsingtao Brewery 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.
Tsingtao Brewery Co (TSGTY) has a 3-Year ROIIC % of 11.39 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 Tsingtao Brewery Co and its competitors. This is 22% below median its historical median of 14.66. According to the industry distribution chart, Tsingtao Brewery Co ranks #66 out of 200 companies in the Beverages - Alcoholic industry, placing it in the top 33%.
Is Tsingtao Brewery Co's 3-Year ROIIC % too high?
Tsingtao Brewery Co's current 3-Year ROIIC % of 11.39 is 22% below median its 10-year median of 14.66. The Beverages - Alcoholic industry median 3-Year ROIIC % is 1.05. Tsingtao Brewery Co's value of 11.39 is 984.8% above this industry median. Based on the distribution chart, Tsingtao Brewery Co ranks #66 out of 200 companies in the Beverages - Alcoholic industry, which is above the industry midpoint. Overall, Tsingtao Brewery Co has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tsingtao Brewery Co's 3-Year ROIIC % compare to BUD and STZ?
According to the Beverages - Alcoholic industry distribution chart, Tsingtao Brewery Co ranks #66 out of 200 companies for 3-Year ROIIC %. This puts Tsingtao Brewery Co in the upper half of its industry. The industry median 3-Year ROIIC % is 1.05. Tsingtao Brewery Co's value of 11.39 is 984.8% above this benchmark. While the company's 10-year median is 14.66 vs. the industry median of 1.05, Tsingtao Brewery Co has consistently been above the industry average. 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 Beverages - Alcoholic company?
The median 3-Year ROIIC % among Beverages - Alcoholic companies is 1.05, based on 200 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. Tsingtao Brewery Co's current 3-Year ROIIC % of 11.39 is 984.8% 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 Tsingtao Brewery Co and its competitors. For the Beverages - Alcoholic industry, the median 3-Year ROIIC % is 1.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tsingtao Brewery Co's current 3-Year ROIIC % is 11.39, which is 22% below median its own 10-year median of 14.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tsingtao Brewery Co stock overvalued right now?
Based on GuruFocus' analysis, Tsingtao Brewery Co (TSGTY) is currently considered Modestly Undervalued. The stock's GF Value™ is $38.75, compared to a current price of $29.00 — trading 25.2% below its estimated fair value. The current 3-Year ROIIC % is 11.39, which is 22% below median its 10-year median of 14.66 and 984.8% above the Beverages - Alcoholic industry median of 1.05. Tsingtao Brewery Co's overall GF Score™ is 86/100 with 2 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 Tsingtao Brewery Co (TSGTY), the current 3-Year ROIIC % is 11.39 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 Tsingtao Brewery Co (TSGTY) Overvalued in 2026?
Based on GuruFocus' analysis, Tsingtao Brewery Co stock appears to be undervalued.
The current stock price of $29.00 is trading 25.2% below its estimated GF Value™ of $38.75.
GuruFocus considers Tsingtao Brewery Co to be Modestly Undervalued.
Key valuation signals for TSGTY:
3-Year ROIIC %: 11.39 (22% below median its 10-year median of 14.66)
GF Value™: $38.75 vs. price of $29.00 (25.2% below fair value)
Industry Position: 984.8% above the Beverages - Alcoholic median (#66 of 200)
No single metric tells the full story. See the TSGTY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
With over 100 years of history, Tsingtao Brewery has become one of the leading brewers in China with its core Tsingtao brand. The company commands a dominant position in its core market, Shandong province, which contributed close to 60% of its revenue and net profit in 2024. Unlike other major brewers, Tsingtao Brewery's brand umbrellas consist entirely of domestic brands. The Tsingtao brand has a mid-range to high-end market positioning and contributed over half of its volume whereas the mass market Laoshan brand targets the mainstream segment, with a declining volume mix as the company sought to premiumize its portfolio.
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