Intercapital Property Development REIT (WAR:ICD) ROCE %: -0.42% (As of Mar. 2026)

What is Intercapital Property Development REIT ROCE %?

Intercapital Property Development REIT WAR:ICD 28 ROCE % is -0.42% as of Mar. 2026. GuruFocus rates WAR:ICD with a GF Score™ of 28/100 and a GF Value™ of zł0.59 (Significantly Overvalued). The stock has 5 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. Intercapital Property Development REIT's annualized ROCE % for the quarter that ended in Mar. 2026 was -0.42%.

Intercapital Property Development REIT (WAR:ICD) 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.

Intercapital Property Development REIT ROCE % Related Terms

Intercapital Property Development REIT ROCE % Historical Data

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The historical data trend for Intercapital Property Development REIT'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.

Intercapital Property Development REIT ROCE % Chart

Intercapital Property Development REIT Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

ROCE %

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11.25

3.22

3.37

6.56

3.43

Intercapital Property Development REIT Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
ROCE %	Get a 7-Day Free Trial															-0.29	-0.12	-6.63	21.81	-0.42

28GF Score

Intercapital Property Development REIT WAR:ICD

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

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Intercapital Property Development REIT ROCE % Calculation

Intercapital Property Development REIT's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2025 )		(A: Dec. 2024 )		(A: Dec. 2025 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2025 )		(A: Dec. 2024 )		(A: Dec. 2025 )
	=	2.92	/	( ( (111.316 - 14.523)	+	(115.516 - 41.844) )	/ 2 )
	=	2.92	/	( (96.793	+	73.672)	/ 2 )
	=	2.92	/	85.2325
	=	3.43 %

Intercapital Property Development REIT's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2026 )		(Q: Dec. 2025 )		(Q: Mar. 2026 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2026 )		(Q: Dec. 2025 )		(Q: Mar. 2026 )
	=	-0.236	/	( ( (115.516 - 41.844)	+	(59.059 - 21.644) )	/ 2 )
	=	-0.236	/	( ( 73.672	+	37.415 )	/ 2 )
	=	-0.236	/	55.5435
	=	-0.42 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of -0.42% mean?

Intercapital Property Development REIT (WAR:ICD) has a ROCE % of -0.42% as of Mar. 2026.

Is Intercapital Property Development REIT's ROCE % too high?

Intercapital Property Development REIT's current ROCE % is -0.42%. Overall, Intercapital Property Development REIT has a GF Score™ of 28/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Intercapital Property Development REIT's ROCE % compare to VICI and WPC?

Intercapital Property Development REIT's ROCE % of -0.42% can be compared against companies in the REITs industry. The industry median ROCE % is 5.19. 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 756 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. 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. Intercapital Property Development REIT's current ROCE % is -0.42%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Intercapital Property Development REIT stock overvalued right now?

Based on GuruFocus' analysis, Intercapital Property Development REIT (WAR:ICD) is currently considered Significantly Overvalued. The stock's GF Value™ is zł0.59, compared to a current price of zł0.93 — trading 56.8% above its estimated fair value. The current ROCE % is -0.42%. Intercapital Property Development REIT's overall GF Score™ is 28/100 with 5 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 Intercapital Property Development REIT (WAR:ICD), the current ROCE % is -0.42% as of Mar. 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 Intercapital Property Development REIT (WAR:ICD) Overvalued in 2026?

Based on GuruFocus' analysis, Intercapital Property Development REIT stock appears to be overvalued. The current stock price of zł0.93 is trading 56.8% above its estimated GF Value™ of zł0.59. GuruFocus considers Intercapital Property Development REIT to be Significantly Overvalued.

Key valuation signals for WAR:ICD:

ROCE %: -0.42%
GF Value™: zł0.59 vs. price of zł0.93 (56.8% above fair value)
GF Score™: 28/100 with 5 warning signs

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

Intercapital Property Development REIT Business Description

Industry Real Estate REITs

Comparable Companies XBUL:LAND XBUL:XBT XBUL:FUES XBUL:BPF XBUL:FPP ASX:GMG VICI WPC BSP:HSRE11 ASX:SGP XPAR:COV ASX:CHC ASX:GPT MEX:FUNO11 LSE:LAND LSE:BLND ASX:MGR TSE:8972 XKLS:5235SS BNL

Other Exchanges ICPD:Bulgaria

Address 6 Dobrudzha Street, 1st Floor, Sofia, BGR, 1000

Website http://www.icpd.bg

Intercapital Property Development REIT is an investment company for real estate securitization. The company functions as a collective investment scheme for real estate investments, and its investment projects include Marina Cape and Grand Borovetz. Its operations are conducted throughout Bulgaria.

28GF Score

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

zł0.93

Price

zł0.59

GF Value

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