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BWP GroupASX:BWP +1.04%80 3-Year ROIIC % is 4.61 as of Jun. 2025, which is 201% above its 10-year median of 1.53. GuruFocus rates ASX:BWP with a GF Score™ of 80/100 and a GF Value™ of A$3.99 (Fairly Valued). The stock has 6 warning signs investors should review. Among 692 REITs companies, BWP Group ranks better than 57.23% 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.
BWP Group's 3-Year ROIIC % for the quarter that ended in Jun. 2025 was 4.61%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for BWP Group's 3-Year ROIIC % or its related term are showing as below:
ASX:BWP's 3-Year ROIIC % is ranked better than 57.23% of 692
companies
in the REITs industry
Industry Median: 3.555
vs ASX:BWP: 4.61
BWP Group (ASX:BWP) 3-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.
BWP Group 3-Year ROIIC % Related Terms
BWP Group 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for BWP Group's 3-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.
ASX:BWP vs PLD, PSA, EXR: 3-Year ROIIC % Comparison
For the REIT - Industrial subindustry, BWP Group'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.
BWP Group 3-Year ROIIC % vs REITs Industry
For the REITs industry and Real Estate sector, BWP Group's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where BWP Group's 3-Year ROIIC % falls into.
BWP Group's 3-Year ROIIC % for the quarter that ended in Jun. 2025 is calculated as:
3-Year ROIIC %
=
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( 167.406 (Jun. 2025) - 128.434 (Jun. 2022) )
/
( 3847.101 (Jun. 2025) - 3001.2 (Jun. 2022) )
=
38.972
/
845.901
=
4.61%***
* 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.
BWP Group (ASX:BWP) has a 3-Year ROIIC % of 4.61 as of Jun. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on BWP Group and its competitors. This is 201% above median its historical median of 1.53. According to the industry distribution chart, BWP Group ranks #296 out of 692 companies in the REITs industry, placing it in the top 42.8%.
Is BWP Group's 3-Year ROIIC % too high?
BWP Group's current 3-Year ROIIC % of 4.61 is 201% above median its 10-year median of 1.53. The REITs industry median 3-Year ROIIC % is 3.56. BWP Group's value of 4.61 is 29.7% above this industry median. Based on the distribution chart, BWP Group ranks #296 out of 692 companies in the REITs industry, which is above the industry midpoint. Overall, BWP Group has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does BWP Group's 3-Year ROIIC % compare to PLD and PSA?
According to the REITs industry distribution chart, BWP Group ranks #296 out of 692 companies for 3-Year ROIIC %. This puts BWP Group in the upper half of its industry. The industry median 3-Year ROIIC % is 3.56. BWP Group's value of 4.61 is 29.7% above this benchmark. While the company's 10-year median is 1.53 vs. the industry median of 3.56, BWP Group 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 3.56, based on 692 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. BWP Group's current 3-Year ROIIC % of 4.61 is 29.7% 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 BWP Group and its competitors. For the REITs industry, the median 3-Year ROIIC % is 3.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BWP Group's current 3-Year ROIIC % is 4.61, which is 201% above median its own 10-year median of 1.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BWP Group stock overvalued right now?
Based on GuruFocus' analysis, BWP Group (ASX:BWP) is currently considered Fairly Valued. The stock's GF Value™ is A$3.99, compared to a current price of A$3.90 — trading 2.3% below its estimated fair value. The current 3-Year ROIIC % is 4.61, which is 201% above median its 10-year median of 1.53 and 29.7% above the REITs industry median of 3.56. BWP Group's overall GF Score™ is 80/100 with 6 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 BWP Group (ASX:BWP), the current 3-Year ROIIC % is 4.61 as of Jun. 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 BWP Group (ASX:BWP) Overvalued in 2026?
Based on GuruFocus' analysis, BWP Group stock appears to be undervalued.
The current stock price of A$3.90 is trading 2.3% below its estimated GF Value™ of A$3.99.
GuruFocus considers BWP Group to be Fairly Valued.
Key valuation signals for ASX:BWP:
3-Year ROIIC %: 4.61 (201% above median its 10-year median of 1.53)
GF Value™: A$3.99 vs. price of A$3.90 (2.3% below fair value)
Industry Position: 29.7% above the REITs median (#296 of 692)
No single metric tells the full story. See the ASX:BWP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
BWP Group is an Australian REIT focused on owning warehouse or bulky goods retailing properties with relatively large sites and high visibility and access to arterial roads. The portfolio of properties it owns is diversified across most Australian states and is on long-term leases to Australia's dominant home improvement chain: Bunnings Group. Bunnings is a wholly owned subsidiary of Wesfarmers, a top-10 ASX-listed company by market capitalization. Wesfarmers owns 23% of BWP units.
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