CapitaLand Ascendas REITACDSF 80 3-Year ROIIC % is 4.52 as of Dec. 2025, which is 7% below its 10-year median of 4.86. GuruFocus rates ACDSF with a GF Score™ of 80/100 and a GF Value™ of $2.21 (Fairly Valued). The stock has 9 warning signs investors should review. Among 698 REITs companies, CapitaLand Ascendas REIT ranks better than 57.02% on this metric.
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.
CapitaLand Ascendas REIT's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 4.52%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for CapitaLand Ascendas REIT's 3-Year ROIIC % or its related term are showing as below:
ACDSF's 3-Year ROIIC % is ranked better than 57.02% of 698
companies
in the REITs industry
Industry Median: 3.505
vs ACDSF: 4.52
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.
CapitaLand Ascendas REIT 3-Year ROIIC % Related Terms
CapitaLand Ascendas REIT 3-Year ROIIC % Historical Data
* 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 - Industrial subindustry, CapitaLand Ascendas REIT'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.
CapitaLand Ascendas REIT 3-Year ROIIC % vs REITs Industry
For the REITs industry and Real Estate sector, CapitaLand Ascendas REIT's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where CapitaLand Ascendas REIT's 3-Year ROIIC % falls into.
* 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.
CapitaLand Ascendas REIT (ACDSF) has a 3-Year ROIIC % of 4.52 as of Dec. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on CapitaLand Ascendas REIT and its competitors. This is near median its historical median of 4.86. Over the past decade, CapitaLand Ascendas REIT's 3-Year ROIIC % has ranged from 1.95 to 58.67. According to the industry distribution chart, CapitaLand Ascendas REIT ranks #300 out of 698 companies in the REITs industry, placing it in the top 43%.
Is CapitaLand Ascendas REIT's 3-Year ROIIC % too high?
CapitaLand Ascendas REIT's current 3-Year ROIIC % of 4.52 is near median its 10-year median of 4.86. Over the past 10 years, this metric has ranged from a low of 1.95 to a high of 58.67. The REITs industry median 3-Year ROIIC % is 3.51. CapitaLand Ascendas REIT's value of 4.52 is 29% above this industry median. Based on the distribution chart, CapitaLand Ascendas REIT ranks #300 out of 698 companies in the REITs industry, which is above the industry midpoint. Overall, CapitaLand Ascendas REIT has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CapitaLand Ascendas REIT's 3-Year ROIIC % compare to PLD and PSA?
According to the REITs industry distribution chart, CapitaLand Ascendas REIT ranks #300 out of 698 companies for 3-Year ROIIC %. This puts CapitaLand Ascendas REIT in the upper half of its industry. The industry median 3-Year ROIIC % is 3.51. CapitaLand Ascendas REIT's value of 4.52 is 29% above this benchmark. Historically, CapitaLand Ascendas REIT's own 3-Year ROIIC % has ranged from 1.95 to 58.67 over the past decade. While the company's 10-year median is 4.86 vs. the industry median of 3.51, CapitaLand Ascendas REIT has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year ROIIC % for a REITs company?
The median 3-Year ROIIC % among REITs companies is 3.51, based on 698 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. CapitaLand Ascendas REIT's current 3-Year ROIIC % of 4.52 is 29% 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 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on CapitaLand Ascendas REIT and its competitors. For the REITs industry, the median 3-Year ROIIC % is 3.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CapitaLand Ascendas REIT's current 3-Year ROIIC % is 4.52, which is near median its own 10-year median of 4.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CapitaLand Ascendas REIT stock overvalued right now?
Based on GuruFocus' analysis, CapitaLand Ascendas REIT (ACDSF) is currently considered Fairly Valued. The stock's GF Value™ is $2.21, compared to a current price of $1.95 — trading 12% below its estimated fair value. The current 3-Year ROIIC % is 4.52, which is near median its 10-year median of 4.86 and 29% above the REITs industry median of 3.51. CapitaLand Ascendas REIT's overall GF Score™ is 80/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For CapitaLand Ascendas REIT (ACDSF), the current 3-Year ROIIC % is 4.52 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 CapitaLand Ascendas REIT (ACDSF) Overvalued in 2026?
Based on GuruFocus' analysis, CapitaLand Ascendas REIT stock appears to be undervalued.
The current stock price of $1.95 is trading 12% below its estimated GF Value™ of $2.21.
GuruFocus considers CapitaLand Ascendas REIT to be Fairly Valued.
Key valuation signals for ACDSF:
3-Year ROIIC %: 4.52 (near median its 10-year median of 4.86)
GF Value™: $2.21 vs. price of $1.95 (12% below fair value)
Industry Position: 29% above the REITs median (#300 of 698)
No single metric tells the full story. See the ACDSF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CapitaLand Ascendas REIT is a real estate investment trust focusing on the industrial and business space. As of Dec. 31, 2025, it held a SGD 18.2 billion portfolio of 222 properties across Singapore, Australia, Europe, and the US. The property types encompass business and science parks, high-specification industrial properties, data centers, light industrial properties, and logistics and distribution centers. The trust is externally managed by Ascendas Funds Management, a subsidiary of CapitaLand Investment, which owns a 17.5% stake in the trust.
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