ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. KDX Realty Investment's annualized return on invested capital (ROIC %) for the quarter that ended in Apr. 2026 was 2.97%.
As of today (2026-06-24), KDX Realty Investment's WACC % is 2.54%. KDX Realty Investment's ROIC % is 3.06% (calculated using TTM income statement data).
KDX Realty Investment generates higher returns on investment than it costs the company to raise the capital needed for that investment. It is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases.
ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.
There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.
Why is ROIC % important?
Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.
As of today, KDX Realty Investment's WACC % is 2.54%. KDX Realty Investment's ROIC % is 3.06% (calculated using TTM income statement data).
KDX Realty Investment generates higher returns on investment than it costs the company to raise the capital needed for that investment. It is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases.
Be Aware
Like ROE % and ROA %, ROIC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
* 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.
For the REIT - Diversified subindustry, KDX Realty Investment's ROIC %, along with its competitors' market caps and ROIC % 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.
KDX Realty Investment ROIC % vs REITs Industry
For the REITs industry and Real Estate sector, KDX Realty Investment's ROIC % distribution charts can be found below:
* The bar in red indicates where KDX Realty Investment's ROIC % falls into.
Note:
The Operating Income data used here is two times the semi-annual (Apr. 2026) data.
The tax rate is limited to between 0% and 100%.
* 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.
KDX Realty Investment (KDXRF) has a ROIC % of 2.97% as of Apr. 2026. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on KDX Realty Investment and its competitors.
Is KDX Realty Investment's ROIC % too high?
KDX Realty Investment's current ROIC % is 2.97%. The REITs industry median ROIC % is 3.74. KDX Realty Investment's value of 2.97% is 20.6% below this industry median. Overall, KDX Realty Investment has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does KDX Realty Investment's ROIC % compare to VICI and WPC?
KDX Realty Investment's ROIC % of 2.97% can be compared against companies in the REITs industry. The industry median ROIC % is 3.74. KDX Realty Investment's value of 2.97% is 20.6% 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 ROIC % for a REITs company?
The median ROIC % among REITs companies is 3.74, based on 750 companies in the industry. Companies in the top quartile (top 25%) have a ROIC % significantly above this median, while those in the bottom quartile fall well below. However, ROIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. KDX Realty Investment's current ROIC % of 2.97% is 20.6% 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 ROIC % mean?
A high ROIC % can signal that a stock is expensive relative to its fundamentals. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on KDX Realty Investment and its competitors. For the REITs industry, the median ROIC % is 3.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KDX Realty Investment's current ROIC % is 2.97%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KDX Realty Investment stock overvalued right now?
KDX Realty Investment (KDXRF) has a current ROIC % of 2.97%. The stock's GF Value™ is $2,630.71, compared to a current price of $2,342.50 — trading 11% below its estimated fair value. The current ROIC % is 2.97% and 20.6% below the REITs industry median of 3.74. KDX Realty Investment's overall GF Score™ is 71/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROIC % calculated?
ROIC % is calculated from a company's financial statements. For KDX Realty Investment (KDXRF), the current ROIC % is 2.97% 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 KDX Realty Investment (KDXRF) Overvalued in 2026?
Based on GuruFocus' analysis, KDX Realty Investment stock appears to be undervalued.
The current stock price of $2,342.50 is trading 11% below its estimated GF Value™ of $2,630.71.
Key valuation signals for KDXRF:
ROIC %: 2.97%
GF Value™: $2,630.71 vs. price of $2,342.50 (11% below fair value)
No single metric tells the full story. See the KDXRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
KDX Realty Investment Corp is a Japan-based real estate investment trust. It is engaged in the business of investing in office and residential buildings. The company has around 100 properties, which include Mid-sized Office Buildings and other office buildings, central urban properties, residential properties, and others. The company owns properties in 5 Central wards of Tokyo, Tokyo Metropolitan area, and other regional areas.
71GF Score
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