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.
Centuria Industrial REIT's 3-Year ROIIC % for the quarter that ended in Jun. 2025 was 17.58%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Centuria Industrial REIT's 3-Year ROIIC % or its related term are showing as below:
ASX:CIP's 3-Year ROIIC % is ranked better than 88.87% of 692
companies
in the REITs industry
Industry Median: 3.555
vs ASX:CIP: 17.58
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.
Centuria Industrial REIT 3-Year ROIIC % Related Terms
Centuria Industrial 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.
ASX:CIP vs PLD, PSA, EXR: 3-Year ROIIC % Comparison
For the REIT - Industrial subindustry, Centuria Industrial 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.
Centuria Industrial REIT 3-Year ROIIC % vs REITs Industry
For the REITs industry and Real Estate sector, Centuria Industrial REIT's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Centuria Industrial REIT's 3-Year ROIIC % falls into.
Centuria Industrial REIT'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**
=
( 147.878 (Jun. 2025) - 133.217 (Jun. 2022) )
/
( 4149.808 (Jun. 2025) - 4066.426 (Jun. 2022) )
=
14.661
/
83.382
=
17.58%***
* 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.
Centuria Industrial REIT (ASX:CIP) has a 3-Year ROIIC % of 17.58 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 Centuria Industrial REIT and its competitors. This is 431% above median its historical median of 3.31. Over the past decade, Centuria Industrial REIT's 3-Year ROIIC % has ranged from 1.83 to 17.58. According to the industry distribution chart, Centuria Industrial REIT ranks #77 out of 692 companies in the REITs industry, placing it in the top 11.1%.
Is Centuria Industrial REIT's 3-Year ROIIC % too high?
Centuria Industrial REIT's current 3-Year ROIIC % of 17.58 is 431% above median its 10-year median of 3.31. Over the past 10 years, this metric has ranged from a low of 1.83 to a high of 17.58. The REITs industry median 3-Year ROIIC % is 3.56. Centuria Industrial REIT's value of 17.58 is 394.5% above this industry median. Based on the distribution chart, Centuria Industrial REIT ranks #77 out of 692 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Centuria Industrial 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 Centuria Industrial REIT's 3-Year ROIIC % compare to PLD and PSA?
According to the REITs industry distribution chart, Centuria Industrial REIT ranks #77 out of 692 companies for 3-Year ROIIC %. This places Centuria Industrial REIT in the top 11% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 3.56. Centuria Industrial REIT's value of 17.58 is 394.5% above this benchmark. Historically, Centuria Industrial REIT's own 3-Year ROIIC % has ranged from 1.83 to 17.58 over the past decade. While the company's 10-year median is 3.31 vs. the industry median of 3.56, Centuria Industrial 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 3.56, 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. Centuria Industrial REIT's current 3-Year ROIIC % of 17.58 is 394.5% 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 Centuria Industrial REIT 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. Centuria Industrial REIT's current 3-Year ROIIC % is 17.58, which is 431% above median its own 10-year median of 3.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Centuria Industrial REIT stock overvalued right now?
Based on GuruFocus' analysis, Centuria Industrial REIT (ASX:CIP) is currently considered Fairly Valued. The stock's GF Value™ is A$2.87, compared to a current price of A$2.99 — trading 4.2% above its estimated fair value. The current 3-Year ROIIC % is 17.58, which is 431% above median its 10-year median of 3.31 and 394.5% above the REITs industry median of 3.56. Centuria Industrial REIT'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 Centuria Industrial REIT (ASX:CIP), the current 3-Year ROIIC % is 17.58 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 Centuria Industrial REIT (ASX:CIP) Overvalued in 2026?
Based on GuruFocus' analysis, Centuria Industrial REIT stock appears to be overvalued.
The current stock price of A$2.99 is trading 4.2% above its estimated GF Value™ of A$2.87.
GuruFocus considers Centuria Industrial REIT to be Fairly Valued.
Key valuation signals for ASX:CIP:
3-Year ROIIC %: 17.58 (431% above median its 10-year median of 3.31)
GF Value™: A$2.87 vs. price of A$2.99 (4.2% above fair value)
Industry Position: 394.5% above the REITs median (#77 of 692)
No single metric tells the full story. See the ASX:CIP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Centuria Industrial REIT owns a AUD 4 billion portfolio of industrial properties, including distribution centers, manufacturing facilities, and data centers. Melbourne and Sydney are its biggest markets at more than a third of portfolio value each, followed by Brisbane, Perth and Adelaide. The trust is externally managed by Centuria Capital Group (ASX: CNI).
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