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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.
Warehouses Estates Belgium's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 16.12%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Warehouses Estates Belgium's 3-Year ROIIC % or its related term are showing as below:
FRA:WPK's 3-Year ROIIC % is ranked better than 87.84% of 691
companies
in the REITs industry
Industry Median: 3.63
vs FRA:WPK: 16.12
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.
Warehouses Estates Belgium 3-Year ROIIC % Related Terms
Warehouses Estates Belgium 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:WPK vs VICI, WPC, BNL: 3-Year ROIIC % Comparison
For the REIT - Diversified subindustry, Warehouses Estates Belgium'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.
Warehouses Estates Belgium 3-Year ROIIC % vs REITs Industry
For the REITs industry and Real Estate sector, Warehouses Estates Belgium's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Warehouses Estates Belgium'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.
Warehouses Estates Belgium (FRA:WPK) has a 3-Year ROIIC % of 16.12 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 Warehouses Estates Belgium and its competitors. This is 1051% above median its historical median of 1.40. According to the industry distribution chart, Warehouses Estates Belgium ranks #84 out of 691 companies in the REITs industry, placing it in the top 12.2%.
Is Warehouses Estates Belgium's 3-Year ROIIC % too high?
Warehouses Estates Belgium's current 3-Year ROIIC % of 16.12 is 1051% above median its 10-year median of 1.40. The REITs industry median 3-Year ROIIC % is 3.63. Warehouses Estates Belgium's value of 16.12 is 344.1% above this industry median. Based on the distribution chart, Warehouses Estates Belgium ranks #84 out of 691 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Warehouses Estates Belgium has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does Warehouses Estates Belgium's 3-Year ROIIC % compare to VICI and WPC?
According to the REITs industry distribution chart, Warehouses Estates Belgium ranks #84 out of 691 companies for 3-Year ROIIC %. This places Warehouses Estates Belgium in the top 12% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 3.63. Warehouses Estates Belgium's value of 16.12 is 344.1% above this benchmark. While the company's 10-year median is 1.40 vs. the industry median of 3.63, Warehouses Estates Belgium 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 3.63, 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. Warehouses Estates Belgium's current 3-Year ROIIC % of 16.12 is 344.1% 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 Warehouses Estates Belgium and its competitors. For the REITs industry, the median 3-Year ROIIC % is 3.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Warehouses Estates Belgium's current 3-Year ROIIC % is 16.12, which is 1051% above median its own 10-year median of 1.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Warehouses Estates Belgium stock overvalued right now?
Warehouses Estates Belgium (FRA:WPK) has a current 3-Year ROIIC % of 16.12. The stock's GF Value™ is €35.82, compared to a current price of €38.60 — trading 7.8% above its estimated fair value. The current 3-Year ROIIC % is 16.12, which is 1051% above median its 10-year median of 1.40 and 344.1% above the REITs industry median of 3.63. Warehouses Estates Belgium's overall GF Score™ is 71/100 with 9 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 Warehouses Estates Belgium (FRA:WPK), the current 3-Year ROIIC % is 16.12 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 Warehouses Estates Belgium (FRA:WPK) Overvalued in 2026?
Based on GuruFocus' analysis, Warehouses Estates Belgium stock appears to be overvalued.
The current stock price of €38.60 is trading 7.8% above its estimated GF Value™ of €35.82.
Key valuation signals for FRA:WPK:
3-Year ROIIC %: 16.12 (1051% above median its 10-year median of 1.40)
GF Value™: €35.82 vs. price of €38.60 (7.8% above fair value)
Industry Position: 344.1% above the REITs median (#84 of 691)
No single metric tells the full story. See the FRA:WPK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Warehouses Estates Belgium SA Formerly Warehouses Estates Belgium SCA is a real estate investment trust. It operates in commercial, semi-industrial and industrial tenancy. It also rents out industrial properties, shopping centers, retail warehouses, offices, and residential properties.
71GF Score
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