NIPPON REIT Investment (TSE:3296) 1-Year ROIIC % : 28.79% (As of Dec. 2025)

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TSE:3296 NIPPON REIT Investment Corp TSE:3296
64 GF Score
Price 円81,600.00
GF Value 円93,812.98
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is NIPPON REIT Investment 1-Year ROIIC %?

NIPPON REIT Investment TSE:3296 -1.09% 64 1-Year ROIIC % is 28.79 as of Dec. 2025. GuruFocus rates TSE:3296 with a GF Score™ of 64/100 and a GF Value™ of 円93,812.98 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 709 REITs companies, NIPPON REIT Investment ranks better than 89% on this metric.

1-Year Return on Invested Incremental Capital (1-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 1-year. NIPPON REIT Investment's 1-Year ROIIC % for the quarter that ended in Dec. 2025 was 28.79%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for NIPPON REIT Investment's 1-Year ROIIC % or its related term are showing as below:

TSE:3296's 1-Year ROIIC % is ranked better than
89% of 709 companies
in the REITs industry
Industry Median: 2.83 vs TSE:3296: 28.79

NIPPON REIT Investment  (TSE:3296) 1-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.


NIPPON REIT Investment 1-Year ROIIC % Related Terms


NIPPON REIT Investment 1-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for NIPPON REIT Investment's 1-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.

NIPPON REIT Investment 1-Year ROIIC % Chart

NIPPON REIT Investment Annual Data
Trend Jun14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
1-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -769.92 30.97 -7.06 0.00 0.00

NIPPON REIT Investment Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
1-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 0.00 16.90 -41.19 98.22 28.79

TSE:3296 vs BXP, ARE, VNO: 1-Year ROIIC % Comparison

For the REIT - Office subindustry, NIPPON REIT Investment's 1-Year ROIIC %, along with its competitors' market caps and 1-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.


NIPPON REIT Investment 1-Year ROIIC % vs REITs Industry

For the REITs industry and Real Estate sector, NIPPON REIT Investment's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where NIPPON REIT Investment's 1-Year ROIIC % falls into.


TSE:3296
64GF Score
NIPPON REIT Investment Corp TSE:3296
1-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NIPPON REIT Investment 1-Year ROIIC % Calculation

NIPPON REIT Investment's 1-Year ROIIC % for the quarter that ended in Dec. 2025 is calculated as:

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)**/1-Year Incremental Invested Capital
=( 14303.9876 (Dec. 2025) - 11150.434 (Dec. 2024) )/( 284394.782 (Dec. 2025) - 273442.149 (Dec. 2024) )
=3153.5536/10952.633
=28.79%***

* 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.

** TTM data of NOPAT and Invested Capital was used to calculate 1-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 1-Year ROIIC % →
What does a 1-Year ROIIC % of 28.79 mean?
NIPPON REIT Investment (TSE:3296) has a 1-Year ROIIC % of 28.79 as of Dec. 2025. 1-Year ROIIC % measures the change in earnings as a percentage of change in investment over 1-year. View historical data on NIPPON REIT Investment and its competitors. According to the industry distribution chart, NIPPON REIT Investment ranks #78 out of 709 companies in the REITs industry, placing it in the top 11%.
Is NIPPON REIT Investment's 1-Year ROIIC % too high?
NIPPON REIT Investment's current 1-Year ROIIC % is 28.79. The REITs industry median 1-Year ROIIC % is 2.83. NIPPON REIT Investment's value of 28.79 is 917.3% above this industry median. Based on the distribution chart, NIPPON REIT Investment ranks #78 out of 709 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, NIPPON REIT Investment has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does NIPPON REIT Investment's 1-Year ROIIC % compare to BXP and ARE?
According to the REITs industry distribution chart, NIPPON REIT Investment ranks #78 out of 709 companies for 1-Year ROIIC %. This places NIPPON REIT Investment in the top 11% of its industry — outperforming the majority of peers. The industry median 1-Year ROIIC % is 2.83. NIPPON REIT Investment's value of 28.79 is 917.3% 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 1-Year ROIIC % for a REITs company?
The median 1-Year ROIIC % among REITs companies is 2.83, based on 709 companies in the industry. Companies in the top quartile (top 25%) have a 1-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 1-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. NIPPON REIT Investment's current 1-Year ROIIC % of 28.79 is 917.3% 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 1-Year ROIIC % mean?
A high 1-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 1-Year ROIIC % measures the change in earnings as a percentage of change in investment over 1-year. View historical data on NIPPON REIT Investment and its competitors. For the REITs industry, the median 1-Year ROIIC % is 2.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NIPPON REIT Investment's current 1-Year ROIIC % is 28.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NIPPON REIT Investment stock overvalued right now?
Based on GuruFocus' analysis, NIPPON REIT Investment (TSE:3296) is currently considered Modestly Undervalued. The stock's GF Value™ is 円93,812.98, compared to a current price of 円81,600.00 — trading 13% below its estimated fair value. The current 1-Year ROIIC % is 28.79 and 917.3% above the REITs industry median of 2.83. NIPPON REIT Investment's overall GF Score™ is 64/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 1-Year ROIIC % calculated?
1-Year ROIIC % is calculated from a company's financial statements. For NIPPON REIT Investment (TSE:3296), the current 1-Year ROIIC % is 28.79 as of Dec. 2025. 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 NIPPON REIT Investment (TSE:3296) Overvalued in 2026?

Based on GuruFocus' analysis, NIPPON REIT Investment stock appears to be undervalued. The current stock price of 円81,600.00 is trading 13% below its estimated GF Value™ of 円93,812.98. GuruFocus considers NIPPON REIT Investment to be Modestly Undervalued.

Key valuation signals for TSE:3296:

  • 1-Year ROIIC %: 28.79
  • GF Value™: 円93,812.98 vs. price of 円81,600.00 (13% below fair value)
  • GF Score™: 64/100 with 3 warning signs
  • Industry Position: 917.3% above the REITs median (#78 of 709)

No single metric tells the full story. See the TSE:3296 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NIPPON REIT Investment Business Description

Industry Real EstateREITs
Address No. 17 No. 18 Shinkawa, Chuo-ku, Tokyo-chome, JPN
NIPPON REIT Investment Corp is engaged in the property leasing business. The company manages assets by investing the funds paid in by the unitholders principally in real estate-related assets. The company develops a portfolio of properties focused on income growth and stability, aiming to maximize unitholder value.
64GF Score

Get the complete analysis for TSE:3296

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

円81,600.00
Price
円93,812.98
GF Value