Goodfood Market (TSX:FOOD) 3-Year ROIIC % : -80.58% (As of Aug. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSX:FOOD Goodfood Market Corp TSX:FOOD
23 GF Score
Price C$0.15
GF Value C$0.16
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Goodfood Market 3-Year ROIIC %?

Goodfood Market TSX:FOOD 23 3-Year ROIIC % is -80.58 as of Aug. 2025. GuruFocus rates TSX:FOOD with a GF Score™ of 23/100 and a GF Value™ of C$0.16 (Fairly Valued). The stock has 5 warning signs investors should review. Among 87 Personal Services companies, Goodfood Market ranks worse than 89.66% 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. Goodfood Market's 3-Year ROIIC % for the quarter that ended in Aug. 2025 was -80.58%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Goodfood Market's 3-Year ROIIC % or its related term are showing as below:

TSX:FOOD's 3-Year ROIIC % is ranked worse than
89.66% of 87 companies
in the Personal Services industry
Industry Median: 6.33 vs TSX:FOOD: -80.58

Goodfood Market  (TSX:FOOD) 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.


Goodfood Market 3-Year ROIIC % Related Terms


Goodfood Market 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Goodfood Market'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.

Goodfood Market 3-Year ROIIC % Chart

Goodfood Market Annual Data
Trend Dec16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -17.92 -65.84 28.17 -35.72 -80.58

Goodfood Market Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
3-Year ROIIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 -80.58 0.00 0.00

TSX:FOOD vs ROL, SCI, FTDR: 3-Year ROIIC % Comparison

For the Personal Services subindustry, Goodfood Market'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.


Goodfood Market 3-Year ROIIC % vs Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Goodfood Market's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Goodfood Market's 3-Year ROIIC % falls into.


TSX:FOOD
23GF Score
Goodfood Market Corp TSX:FOOD
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Goodfood Market 3-Year ROIIC % Calculation

Goodfood Market'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**
=( -0.921 (Aug. 2025) - -64.4071284 (Aug. 2022) )/( 24.579 (Aug. 2025) - 103.363 (Aug. 2022) )
=63.4861284/-78.784
=-80.58%***

* 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.

Frequently Asked Questions Learn more about 3-Year ROIIC % →
What does a 3-Year ROIIC % of -80.58 mean?
Goodfood Market (TSX:FOOD) has a 3-Year ROIIC % of -80.58 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 Goodfood Market and its competitors. According to the industry distribution chart, Goodfood Market ranks #78 out of 87 companies in the Personal Services industry, placing it in the top 89.7%.
Is Goodfood Market's 3-Year ROIIC % too high?
Goodfood Market's current 3-Year ROIIC % is -80.58. Based on the distribution chart, Goodfood Market ranks #78 out of 87 companies in the Personal Services industry, which is in the bottom quartile relative to peers. Overall, Goodfood Market has a GF Score™ of 23/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Goodfood Market's 3-Year ROIIC % compare to ROL and SCI?
According to the Personal Services industry distribution chart, Goodfood Market ranks #78 out of 87 companies for 3-Year ROIIC %. This places Goodfood Market in the lower half of its industry. The industry median 3-Year ROIIC % is 6.33. 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 Personal Services company?
The median 3-Year ROIIC % among Personal Services companies is 6.33, based on 87 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 Goodfood Market and its competitors. For the Personal Services industry, the median 3-Year ROIIC % is 6.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Goodfood Market's current 3-Year ROIIC % is -80.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goodfood Market stock overvalued right now?
Based on GuruFocus' analysis, Goodfood Market (TSX:FOOD) is currently considered Fairly Valued. The stock's GF Value™ is C$0.16, compared to a current price of C$0.15 — trading 6.3% below its estimated fair value. The current 3-Year ROIIC % is -80.58. Goodfood Market's overall GF Score™ is 23/100 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 Goodfood Market (TSX:FOOD), the current 3-Year ROIIC % is -80.58 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.

Is Goodfood Market (TSX:FOOD) Overvalued in 2026?

Based on GuruFocus' analysis, Goodfood Market stock appears to be undervalued. The current stock price of C$0.15 is trading 6.3% below its estimated GF Value™ of C$0.16. GuruFocus considers Goodfood Market to be Fairly Valued.

Key valuation signals for TSX:FOOD:

  • 3-Year ROIIC %: -80.58
  • GF Value™: C$0.16 vs. price of C$0.15 (6.3% below fair value)
  • GF Score™: 23/100 with 5 warning signs

No single metric tells the full story. See the TSX:FOOD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Goodfood Market Business Description

Other Exchanges GDDFF:USA76O:Germany
Address 4600 Hickmore Street, Saint-Laurent, Montreal, QC, CAN, H4T 1K2
Goodfood Market Corp is an online grocery company in Canada that delivers fresh meal solutions and groceries that make it easy for members to enjoy delicious meals at home every day. The principal business activity is focused on developing and servicing the online meal kit and grocery add-on market. Goodfood members have access to products and exclusive pricing made possible by its direct-to-consumer fulfillment ecosystem that eliminates waste and retail overhead. It has a production facility and administrative offices in Montreal, with five additional facilities located in Quebec, Ontario, Alberta, and British Columbia. The company is passionate about connecting its partner farms and suppliers to its customers' kitchens while eliminating food waste and costly retail overhead.
23GF Score

Get the complete analysis for TSX:FOOD

3-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$0.15
Price
C$0.16
GF Value