Mercialys (CHIX:MERYP) 3-Year ROIIC % : 54.82% (As of Dec. 2025) — 229% Above Median


CHIX:MERYP Mercialys SA CHIX:MERYP
71 GF Score
Price €11.94
GF Value €9.67
Valuation Modestly Overvalued
! 11 Warning Signs
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What is Mercialys 3-Year ROIIC %?

Mercialys CHIX:MERYP 71 3-Year ROIIC % is 54.82 as of Dec. 2025, which is 229% above its 10-year median of 16.65. GuruFocus rates CHIX:MERYP with a GF Score™ of 71/100 and a GF Value™ of €9.67 (Modestly Overvalued). The stock has 11 warning signs investors should review. Among 695 REITs companies, Mercialys ranks better than 95.54% 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. Mercialys's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 54.82%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Mercialys's 3-Year ROIIC % or its related term are showing as below:

CHIX:MERYp's 3-Year ROIIC % is ranked better than
95.54% of 695 companies
in the REITs industry
Industry Median: 3.49 vs CHIX:MERYp: 54.82

Mercialys  (CHIX:MERYp) 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.


Mercialys 3-Year ROIIC % Related Terms


Mercialys 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Mercialys'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.

Mercialys 3-Year ROIIC % Chart

Mercialys Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.20 19.93 -3.06 -1.60 54.82

Mercialys Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
3-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 -3.06 0.00 -1.60 0.00 54.82

CHIX:MERYP vs SPG, O, KIM: 3-Year ROIIC % Comparison

For the REIT - Retail subindustry, Mercialys'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.


Mercialys 3-Year ROIIC % vs REITs Industry

For the REITs industry and Real Estate sector, Mercialys's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Mercialys's 3-Year ROIIC % falls into.


CHIX:MERYP
71GF Score
Mercialys SA CHIX:MERYP
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mercialys 3-Year ROIIC % Calculation

Mercialys's 3-Year ROIIC % for the quarter that ended in Dec. 2025 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 108.5438112 (Dec. 2025) - 24.7943991 (Dec. 2022) )/( 2325.129 (Dec. 2025) - 2172.368 (Dec. 2022) )
=83.7494121/152.761
=54.82%***

* 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.

Frequently Asked Questions Learn more about 3-Year ROIIC % →
What does a 3-Year ROIIC % of 54.82 mean?
Mercialys (CHIX:MERYP) has a 3-Year ROIIC % of 54.82 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 Mercialys and its competitors. This is 229% above median its historical median of 16.65. According to the industry distribution chart, Mercialys ranks #31 out of 695 companies in the REITs industry, placing it in the top 4.5%.
Is Mercialys' 3-Year ROIIC % too high?
Mercialys' current 3-Year ROIIC % of 54.82 is 229% above median its 10-year median of 16.65. The REITs industry median 3-Year ROIIC % is 3.49. Mercialys' value of 54.82 is 1470.8% above this industry median. Based on the distribution chart, Mercialys ranks #31 out of 695 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Mercialys has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mercialys' 3-Year ROIIC % compare to SPG and O?
According to the REITs industry distribution chart, Mercialys ranks #31 out of 695 companies for 3-Year ROIIC %. This places Mercialys in the top 5% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 3.49. Mercialys' value of 54.82 is 1470.8% above this benchmark. While the company's 10-year median is 16.65 vs. the industry median of 3.49, Mercialys 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 3.49, based on 695 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. Mercialys's current 3-Year ROIIC % of 54.82 is 1470.8% 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 Mercialys and its competitors. For the REITs industry, the median 3-Year ROIIC % is 3.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mercialys's current 3-Year ROIIC % is 54.82, which is 229% above median its own 10-year median of 16.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mercialys stock overvalued right now?
Based on GuruFocus' analysis, Mercialys (CHIX:MERYP) is currently considered Modestly Overvalued. The stock's GF Value™ is €9.67, compared to a current price of €11.94 — trading 23.5% above its estimated fair value. The current 3-Year ROIIC % is 54.82, which is 229% above median its 10-year median of 16.65 and 1470.8% above the REITs industry median of 3.49. Mercialys' overall GF Score™ is 71/100 with 11 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 Mercialys (CHIX:MERYP), the current 3-Year ROIIC % is 54.82 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 Mercialys (CHIX:MERYP) Overvalued in 2026?

Based on GuruFocus' analysis, Mercialys stock appears to be overvalued. The current stock price of €11.94 is trading 23.5% above its estimated GF Value™ of €9.67. GuruFocus considers Mercialys to be Modestly Overvalued.

Key valuation signals for CHIX:MERYP:

  • 3-Year ROIIC %: 54.82 (229% above median its 10-year median of 16.65)
  • GF Value™: €9.67 vs. price of €11.94 (23.5% above fair value)
  • GF Score™: 71/100 with 11 warning signs
  • Industry Position: 1470.8% above the REITs median (#31 of 695)

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


Mercialys Business Description

Industry Real EstateREITs
Address 16-18, rue du Quatre-Septembre, Paris, FRA, 75002
Mercialys SA is a real estate company based in France and Europe. The firm and its subsidiaries own and manage shopping centers in France. The company has developed and promoted the G LA GALLERIE brand for all its shopping centers. The company mainly operates in France. The company is based on sustainable value creation through investments in medium-sized properties.
71GF Score

Get the complete analysis for CHIX:MERYP

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

€11.94
Price
€9.67
GF Value