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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.
International Flavors & Fragrances's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 3.28%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
WBO:IFF's 3-Year ROIIC % is ranked better than 56.4% of 1523
companies
in the Chemicals industry
Industry Median: -0.04
vs WBO:IFF: 3.28
International Flavors & Fragrances (WBO:IFF) 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.
International Flavors & Fragrances 3-Year ROIIC % Related Terms
International Flavors & Fragrances 3-Year ROIIC % Historical Data
* 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.
International Flavors & Fragrances 3-Year ROIIC % Chart
WBO:IFF vs DD, LYB, ALB: 3-Year ROIIC % Comparison
For the Specialty Chemicals subindustry, International Flavors & Fragrances'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.
International Flavors & Fragrances 3-Year ROIIC % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, International Flavors & Fragrances's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where International Flavors & Fragrances's 3-Year ROIIC % falls into.
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( 626.5958552 (Dec. 2025) - 994.032 (Dec. 2022) )
/
( 19278.196 (Dec. 2025) - 30497.808 (Dec. 2022) )
=
-367.4361448
/
-11219.612
=
3.27%***
* 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.
International Flavors & Fragrances (WBO:IFF) has a 3-Year ROIIC % of 3.28 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 International Flavors & Fragrances and its competitors. This is 173% above median its historical median of 1.20. According to the industry distribution chart, International Flavors & Fragrances ranks #664 out of 1523 companies in the Chemicals industry, placing it in the top 43.6%.
Is International Flavors & Fragrances' 3-Year ROIIC % too high?
International Flavors & Fragrances' current 3-Year ROIIC % of 3.28 is 173% above median its 10-year median of 1.20. Based on the distribution chart, International Flavors & Fragrances ranks #664 out of 1523 companies in the Chemicals industry, which is above the industry midpoint. Overall, International Flavors & Fragrances has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does International Flavors & Fragrances' 3-Year ROIIC % compare to DD and LYB?
According to the Chemicals industry distribution chart, International Flavors & Fragrances ranks #664 out of 1523 companies for 3-Year ROIIC %. This puts International Flavors & Fragrances in the upper half of its industry. 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 Chemicals company?
A good 3-Year ROIIC % depends on the Chemicals industry context. 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 International Flavors & Fragrances and its competitors. International Flavors & Fragrances's current 3-Year ROIIC % is 3.28, which is 173% above median its own 10-year median of 1.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is International Flavors & Fragrances stock overvalued right now?
Based on GuruFocus' analysis, International Flavors & Fragrances (WBO:IFF) is currently considered Fairly Valued. The stock's GF Value™ is €63.43, compared to a current price of €65.72 — trading 3.6% above its estimated fair value. The current 3-Year ROIIC % is 3.28, which is 173% above median its 10-year median of 1.20. International Flavors & Fragrances' overall GF Score™ is 64/100 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 International Flavors & Fragrances (WBO:IFF), the current 3-Year ROIIC % is 3.28 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 International Flavors & Fragrances (WBO:IFF) Overvalued in 2026?
Based on GuruFocus' analysis, International Flavors & Fragrances stock appears to be overvalued.
The current stock price of €65.72 is trading 3.6% above its estimated GF Value™ of €63.43.
GuruFocus considers International Flavors & Fragrances to be Fairly Valued.
Key valuation signals for WBO:IFF:
3-Year ROIIC %: 3.28 (173% above median its 10-year median of 1.20)
GF Value™: €63.43 vs. price of €65.72 (3.6% above fair value)
No single metric tells the full story. See the WBO:IFF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
International Flavors & Fragrances Business Description
International Flavors & Fragrances is the largest specialty ingredients producer globally. It sells ingredients for the food, beverage, health, household goods, personal care, and pharmaceutical industries. The company makes proprietary formulations and partners with customers to deliver custom solutions. Through its taste and scent segments, which each generate around 25% of profits, IFF is a leading flavor and fragrance producer. The health and biosciences business, which generates 30% of profits, is a global leader in probiotics and enzymes. The remaining profits come from the food ingredients business, which sells texturants, plant-based proteins, and other ingredients, though IFF plans to divest it in a deal expected to close in 2027.
64GF Score
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3-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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