PICJF (NTT UD Reit Investment) ROCE %: 4.08% (As of Apr. 2026)

What is NTT UD Reit Investment ROCE %?

NTT UD Reit Investment PICJF 66 ROCE % is 4.08% as of Apr. 2026. GuruFocus rates PICJF with a GF Score™ of 66/100 and a GF Value™ of $908.36. The stock has 11 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. NTT UD Reit Investment's annualized ROCE % for the quarter that ended in Apr. 2026 was 4.08%.

NTT UD Reit Investment (OTCPK:PICJF) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

NTT UD Reit Investment ROCE % Related Terms

NTT UD Reit Investment ROCE % Historical Data

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The historical data trend for NTT UD Reit Investment's ROCE % 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.

NTT UD Reit Investment ROCE % Chart

NTT UD Reit Investment Annual Data

Trend

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Oct24

Oct25

ROCE %

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4.38

3.74

4.32

3.59

3.44

NTT UD Reit Investment Semi-Annual Data
	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23	Apr24	Oct24	Apr25	Oct25	Apr26
ROCE %	Get a 7-Day Free Trial															3.48	3.52	3.71	3.18	4.08

66GF Score

NTT UD Reit Investment Corp PICJF

ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.

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NTT UD Reit Investment ROCE % Calculation

NTT UD Reit Investment's annualized ROCE % for the fiscal year that ended in Oct. 2025 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Oct. 2025 )		(A: Oct. 2024 )		(A: Oct. 2025 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Oct. 2025 )		(A: Oct. 2024 )		(A: Oct. 2025 )
	=	64.622	/	( ( (2079.214 - 156.692)	+	(2031.51 - 198.556) )	/ 2 )
	=	64.622	/	( (1922.522	+	1832.954)	/ 2 )
	=	64.622	/	1877.738
	=	3.44 %

NTT UD Reit Investment's ROCE % of for the quarter that ended in Apr. 2026 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Apr. 2026 )		(Q: Oct. 2025 )		(Q: Apr. 2026 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Apr. 2026 )		(Q: Oct. 2025 )		(Q: Apr. 2026 )
	=	73.02	/	( ( (2031.51 - 198.556)	+	(1933.416 - 190.586) )	/ 2 )
	=	73.02	/	( ( 1832.954	+	1742.83 )	/ 2 )
	=	73.02	/	1787.892
	=	4.08 %

(1) Note: The EBIT data used here is two times the semi-annual (Apr. 2026) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of 4.08% mean?

NTT UD Reit Investment (PICJF) has a ROCE % of 4.08% as of Apr. 2026.

Is NTT UD Reit Investment's ROCE % too high?

NTT UD Reit Investment's current ROCE % is 4.08%. The REITs industry median ROCE % is 5.19. NTT UD Reit Investment's value of 4.08% is 21.3% below this industry median. Overall, NTT UD Reit Investment has a GF Score™ of 66/100, reflecting its overall financial health beyond just this single metric.

How does NTT UD Reit Investment's ROCE % compare to VICI and WPC?

NTT UD Reit Investment's ROCE % of 4.08% can be compared against companies in the REITs industry. The industry median ROCE % is 5.19. NTT UD Reit Investment's value of 4.08% is 21.3% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good ROCE % for a REITs company?

The median ROCE % among REITs companies is 5.19, based on 754 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. NTT UD Reit Investment's current ROCE % of 4.08% is 21.3% 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 ROCE % mean?

A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the REITs industry, the median ROCE % is 5.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NTT UD Reit Investment's current ROCE % is 4.08%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is NTT UD Reit Investment stock overvalued right now?

NTT UD Reit Investment (PICJF) has a current ROCE % of 4.08%. The stock's GF Value™ is $908.36, compared to a current price of $892.43 — trading 1.8% below its estimated fair value. The current ROCE % is 4.08% and 21.3% below the REITs industry median of 5.19. NTT UD Reit Investment's overall GF Score™ is 66/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is ROCE % calculated?

ROCE % is calculated from a company's financial statements. For NTT UD Reit Investment (PICJF), the current ROCE % is 4.08% 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 NTT UD Reit Investment (PICJF) Overvalued in 2026?

Based on GuruFocus' analysis, NTT UD Reit Investment stock appears to be undervalued. The current stock price of $892.43 is trading 1.8% below its estimated GF Value™ of $908.36.

Key valuation signals for PICJF:

ROCE %: 4.08%
GF Value™: $908.36 vs. price of $892.43 (1.8% below fair value)
GF Score™: 66/100 with 11 warning signs
Industry Position: 21.3% below the REITs median

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

NTT UD Reit Investment Business Description

Industry Real Estate REITs

Comparable Companies TSE:8966 TSE:8957 TSE:3234 TSE:8968 TSE:3468 TSE:8977 TSE:3487 TSE:3492 TSE:3476 TSE:3279 ASX:GMG VICI WPC BSP:HSRE11 ASX:CHC ASX:SGP XPAR:COV ASX:GPT LSE:LAND MEX:FUNO11

Other Exchanges 8956:Japan

Address 1-5-1 Otemachi, Chiyoda-ku, Tokyo, JPN

Website https://www.nud-reit.co.jp

NTT UD Reit Investment Corp is a Japan-based real estate investment trust company. It is a J-REIT managing compound portfolio of office buildings and residential properties, with NTT Urban Development serving as the sponsor.

66GF Score

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

$892.43

Price

$908.36

GF Value

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