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.
Beyond Meat's 3-Year ROIIC % for the quarter that ended in Dec. 2023 was -112.96%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Beyond Meat's 3-Year ROIIC % or its related term are showing as below:
STU:0Q3's 3-Year ROIIC % is ranked worse than 91.72% of 1812
companies
in the Consumer Packaged Goods industry
Industry Median: 1.79
vs STU:0Q3: -112.96
Beyond Meat 3-Year ROIIC % Historical Data
The historical data trend for Beyond Meat'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.
Competitive Comparison of Beyond Meat's 3-Year ROIIC %
For the Packaged Foods subindustry, Beyond Meat'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.
Beyond Meat's 3-Year ROIIC % Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Beyond Meat's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Beyond Meat's 3-Year ROIIC % falls into.
Beyond Meat 3-Year ROIIC % Calculation
Beyond Meat's 3-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:
3-Year ROIIC %
=
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
* 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.
Beyond Meat (STU:0Q3) 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.
Beyond Meat 3-Year ROIIC % Related Terms
Thank you for viewing the detailed overview of Beyond Meat's 3-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.
Beyond Meat Inc is a provider of plant-based meats, such as burgers, sausage, ground beef, and chicken. Unlike other vegetarian products, Beyond Meat seeks to replicate the look, cook, and taste of meat targeted to omnivores and vegetarians alike and is sold in the meat case. The products are widely available across the U.S. and Canada and in 83 additional countries as well. International revenue represented 31% of 2021 sales. The firm's products are available in retail stores and the food service channel. In 2019, before the pandemic struck, sales were evenly split between these two channels, although the mix stood at 70% retail/30% food service in 2021. We think the recovery from the crisis and new deals with McDonald's and Yum Brands will return food-service sales to 50% in time.
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