Harboes Bryggeri AS (FRA:DX4) 5-Year ROIIC % : 9.18% (As of Apr. 2026)


FRA:DX4 Harboes Bryggeri AS FRA:DX4
66 GF Score
Price €14.44
GF Value €15.97
! 5 Warning Signs
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What is Harboes Bryggeri AS 5-Year ROIIC %?

Harboes Bryggeri AS FRA:DX4 -0.14% 66 5-Year ROIIC % is 9.18 as of Apr. 2026. GuruFocus rates FRA:DX4 with a GF Score™ of 66/100 and a GF Value™ of €15.97. The stock has 5 warning signs investors should review. Among 195 Beverages - Alcoholic companies, Harboes Bryggeri AS ranks better than 62.56% on this metric.

5-Year Return on Invested Incremental Capital (5-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 5-year. Harboes Bryggeri AS's 5-Year ROIIC % for the quarter that ended in Apr. 2026 was 9.18%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Harboes Bryggeri AS's 5-Year ROIIC % or its related term are showing as below:

FRA:DX4's 5-Year ROIIC % is ranked better than
62.56% of 195 companies
in the Beverages - Alcoholic industry
Industry Median: 3.08 vs FRA:DX4: 9.18

Harboes Bryggeri AS  (FRA:DX4) 5-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.


Harboes Bryggeri AS 5-Year ROIIC % Related Terms


Harboes Bryggeri AS 5-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Harboes Bryggeri AS's 5-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.

Harboes Bryggeri AS 5-Year ROIIC % Chart

Harboes Bryggeri AS Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
5-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.93 3.85 -67.26 71.01 9.18

Harboes Bryggeri AS Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
5-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 71.01 0.00 0.00 0.00 9.18

FRA:DX4 vs BUD, STZ, TAP: 5-Year ROIIC % Comparison

For the Beverages - Brewers subindustry, Harboes Bryggeri AS's 5-Year ROIIC %, along with its competitors' market caps and 5-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.


Harboes Bryggeri AS 5-Year ROIIC % vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Harboes Bryggeri AS's 5-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Harboes Bryggeri AS's 5-Year ROIIC % falls into.


FRA:DX4
66GF Score
Harboes Bryggeri AS FRA:DX4
5-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Harboes Bryggeri AS 5-Year ROIIC % Calculation

Harboes Bryggeri AS's 5-Year ROIIC % for the quarter that ended in Apr. 2026 is calculated as:

5-Year ROIIC %=5-Year Incremental Net Operating Profit After Taxes (NOPAT)**/5-Year Incremental Invested Capital**
=( 3.6712412 (Apr. 2026) - 0.098208 (Apr. 2021) )/( 172.011 (Apr. 2026) - 133.749 (Apr. 2021) )
=3.5730332/38.262
=9.34%***

* 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 5-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 5-Year ROIIC % →
What does a 5-Year ROIIC % of 9.18 mean?
Harboes Bryggeri AS (FRA:DX4) has a 5-Year ROIIC % of 9.18 as of Apr. 2026. 5-Year ROIIC % measures the change in earnings as a percentage of change in investment over 5-year. View historical data on Harboes Bryggeri AS and its competitors. According to the industry distribution chart, Harboes Bryggeri AS ranks #73 out of 195 companies in the Beverages - Alcoholic industry, placing it in the top 37.4%.
Is Harboes Bryggeri AS's 5-Year ROIIC % too high?
Harboes Bryggeri AS's current 5-Year ROIIC % is 9.18. The Beverages - Alcoholic industry median 5-Year ROIIC % is 3.08. Harboes Bryggeri AS's value of 9.18 is 198.1% above this industry median. Based on the distribution chart, Harboes Bryggeri AS ranks #73 out of 195 companies in the Beverages - Alcoholic industry, which is above the industry midpoint. Overall, Harboes Bryggeri AS has a GF Score™ of 66/100, reflecting its overall financial health beyond just this single metric.
How does Harboes Bryggeri AS's 5-Year ROIIC % compare to BUD and STZ?
According to the Beverages - Alcoholic industry distribution chart, Harboes Bryggeri AS ranks #73 out of 195 companies for 5-Year ROIIC %. This puts Harboes Bryggeri AS in the upper half of its industry. The industry median 5-Year ROIIC % is 3.08. Harboes Bryggeri AS's value of 9.18 is 198.1% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 5-Year ROIIC % for a Beverages - Alcoholic company?
The median 5-Year ROIIC % among Beverages - Alcoholic companies is 3.08, based on 195 companies in the industry. Companies in the top quartile (top 25%) have a 5-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 5-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Harboes Bryggeri AS's current 5-Year ROIIC % of 9.18 is 198.1% 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 5-Year ROIIC % mean?
A high 5-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 5-Year ROIIC % measures the change in earnings as a percentage of change in investment over 5-year. View historical data on Harboes Bryggeri AS and its competitors. For the Beverages - Alcoholic industry, the median 5-Year ROIIC % is 3.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Harboes Bryggeri AS's current 5-Year ROIIC % is 9.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harboes Bryggeri AS stock overvalued right now?
Harboes Bryggeri AS (FRA:DX4) has a current 5-Year ROIIC % of 9.18. The stock's GF Value™ is €15.97, compared to a current price of €14.44 — trading 9.6% below its estimated fair value. The current 5-Year ROIIC % is 9.18 and 198.1% above the Beverages - Alcoholic industry median of 3.08. Harboes Bryggeri AS's overall GF Score™ is 66/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 5-Year ROIIC % calculated?
5-Year ROIIC % is calculated from a company's financial statements. For Harboes Bryggeri AS (FRA:DX4), the current 5-Year ROIIC % is 9.18 as of Apr. 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 Harboes Bryggeri AS (FRA:DX4) Overvalued in 2026?

Based on GuruFocus' analysis, Harboes Bryggeri AS stock appears to be undervalued. The current stock price of €14.44 is trading 9.6% below its estimated GF Value™ of €15.97.

Key valuation signals for FRA:DX4:

  • 5-Year ROIIC %: 9.18
  • GF Value™: €15.97 vs. price of €14.44 (9.6% below fair value)
  • GF Score™: 66/100 with 5 warning signs
  • Industry Position: 198.1% above the Beverages - Alcoholic median (#73 of 195)

No single metric tells the full story. See the FRA:DX4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Harboes Bryggeri AS Business Description

Other Exchanges 0ENE:UKHARB B:Denmark
Address Spegerborgvej 34, Skaelskor, DNK, 4230
Harboes Bryggeri AS is a Denmark-based company which is engaged in the production and sale of alcoholic and non-alcoholic beverages. The product portfolio of the company includes beer, soft drinks, non-alcoholic malt and dark malt, energy drinks, juices, ciders, water, and others. Harboes has its presence in Denmark, Germany, and other countries. The majority of the company's revenue comes from Germany.
66GF Score

Get the complete analysis for FRA:DX4

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

€14.44
Price
€15.97
GF Value