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.
Tokaido REIT's 3-Year ROIIC % for the quarter that ended in Jul. 2025 was 4.77%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Tokaido REIT's 3-Year ROIIC % or its related term are showing as below:
FRA:AI70's 3-Year ROIIC % is ranked better than 58.27% of 695
companies
in the REITs industry
Industry Median: 3.49
vs FRA:AI70: 4.77
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.
Tokaido REIT 3-Year ROIIC % Related Terms
Tokaido REIT 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Tokaido REIT'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 REIT - Diversified subindustry, Tokaido 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.
Tokaido REIT 3-Year ROIIC % vs REITs Industry
For the REITs industry and Real Estate sector, Tokaido REIT's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Tokaido REIT's 3-Year ROIIC % falls into.
* 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.
Tokaido REIT (FRA:AI70) has a 3-Year ROIIC % of 4.77 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 Tokaido REIT and its competitors. This is near median its historical median of 4.77. Over the past decade, Tokaido REIT's 3-Year ROIIC % has ranged from 4.77 to 4.77. According to the industry distribution chart, Tokaido REIT ranks #290 out of 695 companies in the REITs industry, placing it in the top 41.7%.
Is Tokaido REIT's 3-Year ROIIC % too high?
Tokaido REIT's current 3-Year ROIIC % of 4.77 is near median its 10-year median of 4.77. Over the past 10 years, this metric has ranged from a low of 4.77 to a high of 4.77. The REITs industry median 3-Year ROIIC % is 3.49. Tokaido REIT's value of 4.77 is 36.7% above this industry median. Based on the distribution chart, Tokaido REIT ranks #290 out of 695 companies in the REITs industry, which is above the industry midpoint. Overall, Tokaido REIT has a GF Score™ of 48/100, reflecting its overall financial health beyond just this single metric.
How does Tokaido REIT's 3-Year ROIIC % compare to VICI and WPC?
According to the REITs industry distribution chart, Tokaido REIT ranks #290 out of 695 companies for 3-Year ROIIC %. This puts Tokaido REIT in the upper half of its industry. The industry median 3-Year ROIIC % is 3.49. Tokaido REIT's value of 4.77 is 36.7% above this benchmark. Historically, Tokaido REIT's own 3-Year ROIIC % has ranged from 4.77 to 4.77 over the past decade. While the company's 10-year median is 4.77 vs. the industry median of 3.49, Tokaido 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 3.49, 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. Tokaido REIT's current 3-Year ROIIC % of 4.77 is 36.7% 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 Tokaido REIT 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. Tokaido REIT's current 3-Year ROIIC % is 4.77, which is near median its own 10-year median of 4.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokaido REIT stock overvalued right now?
Tokaido REIT (FRA:AI70) has a current 3-Year ROIIC % of 4.77. The stock's GF Value™ is €667.92, compared to a current price of €535.00 — trading 19.9% below its estimated fair value. The current 3-Year ROIIC % is 4.77, which is near median its 10-year median of 4.77 and 36.7% above the REITs industry median of 3.49. Tokaido REIT's overall GF Score™ is 48/100 with 4 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 Tokaido REIT (FRA:AI70), the current 3-Year ROIIC % is 4.77 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 Tokaido REIT (FRA:AI70) Overvalued in 2026?
Based on GuruFocus' analysis, Tokaido REIT stock appears to be undervalued.
The current stock price of €535.00 is trading 19.9% below its estimated GF Value™ of €667.92.
Key valuation signals for FRA:AI70:
3-Year ROIIC %: 4.77 (near median its 10-year median of 4.77)
GF Value™: €667.92 vs. price of €535.00 (19.9% below fair value)
Industry Position: 36.7% above the REITs median (#290 of 695)
No single metric tells the full story. See the FRA:AI70 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tokaido REIT Inc is a real estate investment trust that focuses on the Tokaido area, mainly Shizuoka, Aichi, and Mie prefectures. Its Investment targets are divided into two types including "Industrial infrastructure assets" targeting logistics facilities and office buildings, and "Living infrastructure assets" for residential and commercial facilities.
48GF Score
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