Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Medical Properties TrustFRA:M3P +1.67%64 3-Year ROIIC % is 8.14 as of Dec. 2025, which is 48% above its 10-year median of 5.50. GuruFocus rates FRA:M3P with a GF Score™ of 64/100 and a GF Value™ of €4.73 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 691 REITs companies, Medical Properties Trust ranks better than 74.1% 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.
Medical Properties Trust's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 8.14%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Medical Properties Trust's 3-Year ROIIC % or its related term are showing as below:
FRA:M3P's 3-Year ROIIC % is ranked better than 74.1% of 691
companies
in the REITs industry
Industry Median: 3.59
vs FRA:M3P: 8.14
Medical Properties Trust (FRA:M3P) 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.
Medical Properties Trust 3-Year ROIIC % Related Terms
Medical Properties Trust 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.
FRA:M3P vs DHC, LTC, SILA: 3-Year ROIIC % Comparison
For the REIT - Healthcare Facilities subindustry, Medical Properties Trust'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.
Medical Properties Trust 3-Year ROIIC % vs REITs Industry
For the REITs industry and Real Estate sector, Medical Properties Trust's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Medical Properties Trust's 3-Year ROIIC % falls into.
Medical Properties Trust 3-Year ROIIC % Calculation
Medical Properties Trust'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**
=
( 460.968 (Dec. 2025) - 892.3338386 (Dec. 2022) )
/
( 11880.686 (Dec. 2025) - 17835.074 (Dec. 2022) )
=
-431.3658386
/
-5954.388
=
7.24%***
* 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.
Medical Properties Trust (FRA:M3P) has a 3-Year ROIIC % of 8.14 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 Medical Properties Trust and its competitors. This is 48% above median its historical median of 5.50. According to the industry distribution chart, Medical Properties Trust ranks #179 out of 691 companies in the REITs industry, placing it in the top 25.9%.
Is Medical Properties Trust's 3-Year ROIIC % too high?
Medical Properties Trust's current 3-Year ROIIC % of 8.14 is 48% above median its 10-year median of 5.50. The REITs industry median 3-Year ROIIC % is 3.59. Medical Properties Trust's value of 8.14 is 126.7% above this industry median. Based on the distribution chart, Medical Properties Trust ranks #179 out of 691 companies in the REITs industry, which is above the industry midpoint. Overall, Medical Properties Trust has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Medical Properties Trust's 3-Year ROIIC % compare to DHC and LTC?
According to the REITs industry distribution chart, Medical Properties Trust ranks #179 out of 691 companies for 3-Year ROIIC %. This puts Medical Properties Trust in the upper half of its industry. The industry median 3-Year ROIIC % is 3.59. Medical Properties Trust's value of 8.14 is 126.7% above this benchmark. While the company's 10-year median is 5.50 vs. the industry median of 3.59, Medical Properties Trust 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 3.59, based on 691 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. Medical Properties Trust's current 3-Year ROIIC % of 8.14 is 126.7% 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 Medical Properties Trust and its competitors. For the REITs industry, the median 3-Year ROIIC % is 3.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Medical Properties Trust's current 3-Year ROIIC % is 8.14, which is 48% above median its own 10-year median of 5.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Medical Properties Trust stock overvalued right now?
Based on GuruFocus' analysis, Medical Properties Trust (FRA:M3P) is currently considered Modestly Undervalued. The stock's GF Value™ is €4.73, compared to a current price of €4.01 — trading 15.3% below its estimated fair value. The current 3-Year ROIIC % is 8.14, which is 48% above median its 10-year median of 5.50 and 126.7% above the REITs industry median of 3.59. Medical Properties Trust's overall GF Score™ is 64/100 with 8 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 Medical Properties Trust (FRA:M3P), the current 3-Year ROIIC % is 8.14 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 Medical Properties Trust (FRA:M3P) Overvalued in 2026?
Based on GuruFocus' analysis, Medical Properties Trust stock appears to be undervalued.
The current stock price of €4.01 is trading 15.3% below its estimated GF Value™ of €4.73.
GuruFocus considers Medical Properties Trust to be Modestly Undervalued.
Key valuation signals for FRA:M3P:
3-Year ROIIC %: 8.14 (48% above median its 10-year median of 5.50)
GF Value™: €4.73 vs. price of €4.01 (15.3% below fair value)
Industry Position: 126.7% above the REITs median (#179 of 691)
No single metric tells the full story. See the FRA:M3P stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Medical Properties Trust Inc acquires and develops net-leased healthcare facilities. Its investments in healthcare real estate, other loans, and any investments in tenants are considered a single reportable segment. Its business strategy is to acquire and develop healthcare facilities and lease the facilities to healthcare operating companies under long-term net leases, which require the tenant to bear of the costs associated with the property. The group's geographic areas are the United States, the United Kingdom, and All other countries.
64GF Score
Get the complete analysis for FRA:M3P
3-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:M3P has been successfully added to your 
