Industrial & Infrastructure Fund Investment (FRA:2ES) 3-Year ROIIC % : 4.24% (As of Jul. 2025) — 33% Above Median


FRA:2ES Industrial & Infrastructure Fund Investment Corp FRA:2ES
74 GF Score
Price €770.00
GF Value €753.07
! 10 Warning Signs
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What is Industrial & Infrastructure Fund Investment 3-Year ROIIC %?

Industrial & Infrastructure Fund Investment FRA:2ES -1.28% 74 3-Year ROIIC % is 4.24 as of Jul. 2025, which is 33% above its 10-year median of 3.18. GuruFocus rates FRA:2ES with a GF Score™ of 74/100 and a GF Value™ of €753.07. The stock has 10 warning signs investors should review. Among 695 REITs companies, Industrial & Infrastructure Fund Investment ranks better than 54.39% 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. Industrial & Infrastructure Fund Investment's 3-Year ROIIC % for the quarter that ended in Jul. 2025 was 4.24%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Industrial & Infrastructure Fund Investment's 3-Year ROIIC % or its related term are showing as below:

FRA:2ES's 3-Year ROIIC % is ranked better than
54.39% of 695 companies
in the REITs industry
Industry Median: 3.49 vs FRA:2ES: 4.24

Industrial & Infrastructure Fund Investment  (FRA:2ES) 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.


Industrial & Infrastructure Fund Investment 3-Year ROIIC % Related Terms


Industrial & Infrastructure Fund Investment 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Industrial & Infrastructure Fund Investment'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.

Industrial & Infrastructure Fund Investment 3-Year ROIIC % Chart

Industrial & Infrastructure Fund Investment Annual Data
Trend Dec16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.85 2.62 2.77 1.64 4.24

Industrial & Infrastructure Fund Investment Semi-Annual Data
Jun16 Dec16 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
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 0.00 1.64 0.00 4.24 0.00

FRA:2ES vs PLD, PSA, EXR: 3-Year ROIIC % Comparison

For the REIT - Industrial subindustry, Industrial & Infrastructure Fund Investment'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.


Industrial & Infrastructure Fund Investment 3-Year ROIIC % vs REITs Industry

For the REITs industry and Real Estate sector, Industrial & Infrastructure Fund Investment's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Industrial & Infrastructure Fund Investment's 3-Year ROIIC % falls into.


FRA:2ES
74GF Score
Industrial & Infrastructure Fund Investment Corp FRA:2ES
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Industrial & Infrastructure Fund Investment 3-Year ROIIC % Calculation

Industrial & Infrastructure Fund Investment's 3-Year ROIIC % for the quarter that ended in Jul. 2025 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 121.5736804 (Jul. 2025) - 102.454505 (Jul. 2022) )/( 3244.974 (Jul. 2025) - 2882.73 (Jul. 2022) )
=19.1191754/362.244
=5.28%***

* 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 4.24 mean?
Industrial & Infrastructure Fund Investment (FRA:2ES) has a 3-Year ROIIC % of 4.24 as of Jul. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Industrial & Infrastructure Fund Investment and its competitors. This is 33% above median its historical median of 3.18. Over the past decade, Industrial & Infrastructure Fund Investment's 3-Year ROIIC % has ranged from 1.64 to 4.85. According to the industry distribution chart, Industrial & Infrastructure Fund Investment ranks #317 out of 695 companies in the REITs industry, placing it in the top 45.6%.
Is Industrial & Infrastructure Fund Investment's 3-Year ROIIC % too high?
Industrial & Infrastructure Fund Investment's current 3-Year ROIIC % of 4.24 is 33% above median its 10-year median of 3.18. Over the past 10 years, this metric has ranged from a low of 1.64 to a high of 4.85. The REITs industry median 3-Year ROIIC % is 3.49. Industrial & Infrastructure Fund Investment's value of 4.24 is 21.5% above this industry median. Based on the distribution chart, Industrial & Infrastructure Fund Investment ranks #317 out of 695 companies in the REITs industry, which is above the industry midpoint. Overall, Industrial & Infrastructure Fund Investment has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does Industrial & Infrastructure Fund Investment's 3-Year ROIIC % compare to PLD and PSA?
According to the REITs industry distribution chart, Industrial & Infrastructure Fund Investment ranks #317 out of 695 companies for 3-Year ROIIC %. This puts Industrial & Infrastructure Fund Investment in the upper half of its industry. The industry median 3-Year ROIIC % is 3.49. Industrial & Infrastructure Fund Investment's value of 4.24 is 21.5% above this benchmark. Historically, Industrial & Infrastructure Fund Investment's own 3-Year ROIIC % has ranged from 1.64 to 4.85 over the past decade. While the company's 10-year median is 3.18 vs. the industry median of 3.49, Industrial & Infrastructure Fund Investment 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. Industrial & Infrastructure Fund Investment's current 3-Year ROIIC % of 4.24 is 21.5% 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 Industrial & Infrastructure Fund Investment 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. Industrial & Infrastructure Fund Investment's current 3-Year ROIIC % is 4.24, which is 33% above median its own 10-year median of 3.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Industrial & Infrastructure Fund Investment stock overvalued right now?
Industrial & Infrastructure Fund Investment (FRA:2ES) has a current 3-Year ROIIC % of 4.24. The stock's GF Value™ is €753.07, compared to a current price of €770.00 — trading 2.2% above its estimated fair value. The current 3-Year ROIIC % is 4.24, which is 33% above median its 10-year median of 3.18 and 21.5% above the REITs industry median of 3.49. Industrial & Infrastructure Fund Investment's overall GF Score™ is 74/100 with 10 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 Industrial & Infrastructure Fund Investment (FRA:2ES), the current 3-Year ROIIC % is 4.24 as of Jul. 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 Industrial & Infrastructure Fund Investment (FRA:2ES) Overvalued in 2026?

Based on GuruFocus' analysis, Industrial & Infrastructure Fund Investment stock appears to be overvalued. The current stock price of €770.00 is trading 2.2% above its estimated GF Value™ of €753.07.

Key valuation signals for FRA:2ES:

  • 3-Year ROIIC %: 4.24 (33% above median its 10-year median of 3.18)
  • GF Value™: €753.07 vs. price of €770.00 (2.2% above fair value)
  • GF Score™: 74/100 with 10 warning signs
  • Industry Position: 21.5% above the REITs median (#317 of 695)

No single metric tells the full story. See the FRA:2ES stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Industrial & Infrastructure Fund Investment Business Description

Industry Real EstateREITs
Other Exchanges 3249:Japan
Address Tokyo Building 7-3, Marunouchi 2-chome, Chiyoda-ku, Tokyo, JPN, 100-6420
Industrial & Infrastructure Fund Investment Corp operates as a J-REIT specializing in industrial properties. The company focuses on industrial properties including logistic facilities, manufacturing and R&D facilities, and infrastructures.
74GF Score

Get the complete analysis for FRA:2ES

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

€770.00
Price
€753.07
GF Value