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.
Dubai Investments PJSC's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 17.80%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Dubai Investments PJSC's 3-Year ROIIC % or its related term are showing as below:
DFM:DIC's 3-Year ROIIC % is ranked better than 81.9% of 1663
companies
in the Real Estate industry
Industry Median: 2.31
vs DFM:DIC: 17.80
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.
Dubai Investments PJSC 3-Year ROIIC % Related Terms
Dubai Investments PJSC 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Dubai Investments PJSC'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.
For the Real Estate - Development subindustry, Dubai Investments PJSC'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.
Dubai Investments PJSC 3-Year ROIIC % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Dubai Investments PJSC's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Dubai Investments PJSC's 3-Year ROIIC % falls into.
Dubai Investments PJSC'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**
=
( 719.4681669 (Dec. 2025) - 543.008 (Dec. 2022) )
/
( 17474.104 (Dec. 2025) - 16482.495 (Dec. 2022) )
=
176.4601669
/
991.609
=
17.80%***
* 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.
Dubai Investments PJSC (DFM:DIC) has a 3-Year ROIIC % of 17.80 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 Dubai Investments PJSC and its competitors. According to the industry distribution chart, Dubai Investments PJSC ranks #301 out of 1663 companies in the Real Estate industry, placing it in the top 18.1%.
Is Dubai Investments PJSC's 3-Year ROIIC % too high?
Dubai Investments PJSC's current 3-Year ROIIC % is 17.80. The Real Estate industry median 3-Year ROIIC % is 2.31. Dubai Investments PJSC's value of 17.80 is 670.6% above this industry median. Based on the distribution chart, Dubai Investments PJSC ranks #301 out of 1663 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Dubai Investments PJSC has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Dubai Investments PJSC's 3-Year ROIIC % compare to competitors?
According to the Real Estate industry distribution chart, Dubai Investments PJSC ranks #301 out of 1663 companies for 3-Year ROIIC %. This places Dubai Investments PJSC in the top 18% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 2.31. Dubai Investments PJSC's value of 17.80 is 670.6% 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 3-Year ROIIC % for a Real Estate company?
The median 3-Year ROIIC % among Real Estate companies is 2.31, based on 1,663 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. Dubai Investments PJSC's current 3-Year ROIIC % of 17.80 is 670.6% 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 Dubai Investments PJSC and its competitors. For the Real Estate industry, the median 3-Year ROIIC % is 2.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dubai Investments PJSC's current 3-Year ROIIC % is 17.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dubai Investments PJSC stock overvalued right now?
Based on GuruFocus' analysis, Dubai Investments PJSC (DFM:DIC) is currently considered Significantly Overvalued. The stock's GF Value™ is د.إ2.71, compared to a current price of د.إ3.79 — trading 39.9% above its estimated fair value. The current 3-Year ROIIC % is 17.80 and 670.6% above the Real Estate industry median of 2.31. Dubai Investments PJSC's overall GF Score™ is 60/100 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 Dubai Investments PJSC (DFM:DIC), the current 3-Year ROIIC % is 17.80 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 Dubai Investments PJSC (DFM:DIC) Overvalued in 2026?
Based on GuruFocus' analysis, Dubai Investments PJSC stock appears to be overvalued.
The current stock price of د.إ3.79 is trading 39.9% above its estimated GF Value™ of د.إ2.71.
GuruFocus considers Dubai Investments PJSC to be Significantly Overvalued.
Key valuation signals for DFM:DIC:
3-Year ROIIC %: 17.80
GF Value™: د.إ2.71 vs. price of د.إ3.79 (39.9% above fair value)
Industry Position: 670.6% above the Real Estate median (#301 of 1663)
No single metric tells the full story. See the DFM:DIC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Dubai Investments PJSC is an investment company with a focus on real estate, manufacturing, industrial, and financial investments across the Middle East. The operations are divided into three segments: The Property segment develops real estate for sale and leasing. The Manufacturing, Contracting, and Services segment manufactures and sells materials used in construction projects, executes construction contracts, produces raw and architectural glass, pharmaceutical products, cooling services, produces aluminum extruded products, laboratory furniture, healthcare, and education. The Investments segment includes strategic minority investments in associates, investment banking, asset management, and financial investments. It generates the majority of its revenue from the Property segment.
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