M FoodWAR:MFD 26 3-Year ROIIC % is 1.44 as of Dec. 2025, which is 90% below its 10-year median of 14.80. GuruFocus rates WAR:MFD with a GF Score™ of 26/100 and a GF Value™ of zł0.99 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,829 Consumer Packaged Goods companies, M Food ranks worse than 53.47% 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.
M Food's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 1.44%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for M Food's 3-Year ROIIC % or its related term are showing as below:
WAR:MFD's 3-Year ROIIC % is ranked worse than 53.47% of 1829
companies
in the Consumer Packaged Goods industry
Industry Median: 2.86
vs WAR:MFD: 1.44
M Food (WAR:MFD) 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.
M Food 3-Year ROIIC % Related Terms
M Food 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for M Food'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, M Food'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.
M Food 3-Year ROIIC % vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, M Food's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where M Food's 3-Year ROIIC % falls into.
M Food's 3-Year ROIIC % for the quarter that ended in Dec. 2025 is calculated as:
3-Year ROIIC %
=
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( 3.6542975 (Dec. 2025) - 3.8176125 (Dec. 2022) )
/
( 114.885 (Dec. 2025) - 126.191 (Dec. 2022) )
=
-0.163315
/
-11.306
=
1.44%***
* 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.
M Food (WAR:MFD) has a 3-Year ROIIC % of 1.44 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 M Food and its competitors. This is 90% below median its historical median of 14.80. According to the industry distribution chart, M Food ranks #978 out of 1829 companies in the Consumer Packaged Goods industry, placing it in the top 53.5%.
Is M Food's 3-Year ROIIC % too high?
M Food's current 3-Year ROIIC % of 1.44 is 90% below median its 10-year median of 14.80. The Consumer Packaged Goods industry median 3-Year ROIIC % is 2.86. M Food's value of 1.44 is 49.7% below this industry median. Based on the distribution chart, M Food ranks #978 out of 1829 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, M Food has a GF Score™ of 26/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does M Food's 3-Year ROIIC % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, M Food ranks #978 out of 1829 companies for 3-Year ROIIC %. This places M Food in the lower half of its industry. The industry median 3-Year ROIIC % is 2.86. M Food's value of 1.44 is 49.7% below this benchmark. While the company's 10-year median is 14.80 vs. the industry median of 2.86, M Food has consistently been below 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 Consumer Packaged Goods company?
The median 3-Year ROIIC % among Consumer Packaged Goods companies is 2.86, based on 1,829 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. M Food's current 3-Year ROIIC % of 1.44 is 49.7% below 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 M Food and its competitors. For the Consumer Packaged Goods industry, the median 3-Year ROIIC % is 2.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. M Food's current 3-Year ROIIC % is 1.44, which is 90% below median its own 10-year median of 14.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is M Food stock overvalued right now?
Based on GuruFocus' analysis, M Food (WAR:MFD) is currently considered Significantly Overvalued. The stock's GF Value™ is zł0.99, compared to a current price of zł2.12 — trading 114.1% above its estimated fair value. The current 3-Year ROIIC % is 1.44, which is 90% below median its 10-year median of 14.80 and 49.7% below the Consumer Packaged Goods industry median of 2.86. M Food's overall GF Score™ is 26/100 with 3 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 M Food (WAR:MFD), the current 3-Year ROIIC % is 1.44 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 M Food (WAR:MFD) Overvalued in 2026?
Based on GuruFocus' analysis, M Food stock appears to be overvalued.
The current stock price of zł2.12 is trading 114.1% above its estimated GF Value™ of zł0.99.
GuruFocus considers M Food to be Significantly Overvalued.
Key valuation signals for WAR:MFD:
3-Year ROIIC %: 1.44 (90% below median its 10-year median of 14.80)
GF Value™: zł0.99 vs. price of zł2.12 (114.1% above fair value)
Industry Position: 49.7% below the Consumer Packaged Goods median (#978 of 1829)
No single metric tells the full story. See the WAR:MFD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
M Food SA is one of the players in the honey and bee products trade market in Europe. The business of M FOOD is the production of honey, its acquisition from domestic and foreign producers and the sale of both the raw material itself (honey) and bee products, such as honeys, including meads, and apiculture products.
26GF Score
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