Wereldhave Belgium (FRA:WPU) 3-Year ROIIC % : 4.23% (As of Dec. 2025) — Near Median

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FRA:WPU Wereldhave Belgium FRA:WPU
78 GF Score
Price €51.40
GF Value €48.74
! 11 Warning Signs
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What is Wereldhave Belgium 3-Year ROIIC %?

Wereldhave Belgium FRA:WPU -0.77% 78 3-Year ROIIC % is 4.23 as of Dec. 2025, which is 8% above its 10-year median of 3.92. GuruFocus rates FRA:WPU with a GF Score™ of 78/100 and a GF Value™ of €48.74. The stock has 11 warning signs investors should review. Among 691 REITs companies, Wereldhave Belgium ranks better than 53.84% 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. Wereldhave Belgium's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 4.23%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Wereldhave Belgium's 3-Year ROIIC % or its related term are showing as below:

FRA:WPU's 3-Year ROIIC % is ranked better than
53.84% of 691 companies
in the REITs industry
Industry Median: 3.63 vs FRA:WPU: 4.23

Wereldhave Belgium  (FRA:WPU) 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.


Wereldhave Belgium 3-Year ROIIC % Related Terms


Wereldhave Belgium 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Wereldhave Belgium'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.

Wereldhave Belgium 3-Year ROIIC % Chart

Wereldhave Belgium Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.84 4.74 -50.30 11.62 4.23

Wereldhave Belgium Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 11.62 0.00 4.23 0.00

FRA:WPU vs SPG, O, KIM: 3-Year ROIIC % Comparison

For the REIT - Retail subindustry, Wereldhave 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.


Wereldhave Belgium 3-Year ROIIC % vs REITs Industry

For the REITs industry and Real Estate sector, Wereldhave Belgium's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Wereldhave Belgium's 3-Year ROIIC % falls into.


FRA:WPU
78GF Score
Wereldhave Belgium FRA:WPU
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wereldhave Belgium 3-Year ROIIC % Calculation

Wereldhave Belgium'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**
=( 59.7427974 (Dec. 2025) - 47.6498496 (Dec. 2022) )/( 1324.54 (Dec. 2025) - 1038.516 (Dec. 2022) )
=12.0929478/286.024
=4.23%***

* 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 4.23 mean?
Wereldhave Belgium (FRA:WPU) has a 3-Year ROIIC % of 4.23 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 Wereldhave Belgium and its competitors. This is near median its historical median of 3.92. According to the industry distribution chart, Wereldhave Belgium ranks #319 out of 691 companies in the REITs industry, placing it in the top 46.2%.
Is Wereldhave Belgium's 3-Year ROIIC % too high?
Wereldhave Belgium's current 3-Year ROIIC % of 4.23 is near median its 10-year median of 3.92. The REITs industry median 3-Year ROIIC % is 3.63. Wereldhave Belgium's value of 4.23 is 16.5% above this industry median. Based on the distribution chart, Wereldhave Belgium ranks #319 out of 691 companies in the REITs industry, which is above the industry midpoint. Overall, Wereldhave Belgium has a GF Score™ of 78/100, reflecting its overall financial health beyond just this single metric.
How does Wereldhave Belgium's 3-Year ROIIC % compare to SPG and O?
According to the REITs industry distribution chart, Wereldhave Belgium ranks #319 out of 691 companies for 3-Year ROIIC %. This puts Wereldhave Belgium in the upper half of its industry. The industry median 3-Year ROIIC % is 3.63. Wereldhave Belgium's value of 4.23 is 16.5% above this benchmark. While the company's 10-year median is 3.92 vs. the industry median of 3.63, Wereldhave 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. Wereldhave Belgium's current 3-Year ROIIC % of 4.23 is 16.5% 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 Wereldhave 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. Wereldhave Belgium's current 3-Year ROIIC % is 4.23, which is near median its own 10-year median of 3.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wereldhave Belgium stock overvalued right now?
Wereldhave Belgium (FRA:WPU) has a current 3-Year ROIIC % of 4.23. The stock's GF Value™ is €48.74, compared to a current price of €51.40 — trading 5.5% above its estimated fair value. The current 3-Year ROIIC % is 4.23, which is near median its 10-year median of 3.92 and 16.5% above the REITs industry median of 3.63. Wereldhave Belgium's overall GF Score™ is 78/100 with 11 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 Wereldhave Belgium (FRA:WPU), the current 3-Year ROIIC % is 4.23 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 Wereldhave Belgium (FRA:WPU) Overvalued in 2026?

Based on GuruFocus' analysis, Wereldhave Belgium stock appears to be overvalued. The current stock price of €51.40 is trading 5.5% above its estimated GF Value™ of €48.74.

Key valuation signals for FRA:WPU:

  • 3-Year ROIIC %: 4.23 (near median its 10-year median of 3.92)
  • GF Value™: €48.74 vs. price of €51.40 (5.5% above fair value)
  • GF Score™: 78/100 with 11 warning signs
  • Industry Position: 16.5% above the REITs median (#319 of 691)

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


Wereldhave Belgium Business Description

Industry Real EstateREITs
Other Exchanges 0N2C:UKWEHB:Belgium
Address Medialaan 30 bus 6, Vilvoorde, BEL, 1800
Wereldhave Belgium is a publicly-regulated real estate company with a focus on commercial property and operating in Belgium. Wereldhave Belgium targets shopping centers as new investments. Its operational shopping center portfolio includes locations in Liege, Nivelles, Tournai, Ghent, Genk, Waterloo, and Kortrijk. The company also owns office properties in Brussels, Vilvoorde, and Antwerp. The company's focus is to create value through both active management and redevelopment, with tactics that include maintaining contact with lessees to acquire up-to-date market information. The company has two segments: offices and retail.
78GF Score

Get the complete analysis for FRA:WPU

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

€51.40
Price
€48.74
GF Value