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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.
FRP Holdings's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was -0.27%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for FRP Holdings's 3-Year ROIIC % or its related term are showing as below:
FRPH's 3-Year ROIIC % is ranked worse than 61.38% of 1657
companies
in the Real Estate industry
Industry Median: 2.27
vs FRPH: -0.27
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.
FRP Holdings 3-Year ROIIC % Related Terms
FRP Holdings 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for FRP Holdings'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 Real Estate Services subindustry, FRP Holdings'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.
FRP Holdings 3-Year ROIIC % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, FRP Holdings's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where FRP Holdings's 3-Year ROIIC % falls into.
FRP Holdings'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**
=
( 5.5071408 (Dec. 2025) - 5.8026972 (Dec. 2022) )
/
( 629.62 (Dec. 2025) - 521.895 (Dec. 2022) )
=
-0.2955564
/
107.725
=
-0.27%***
* 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.
FRP Holdings (FRPH) has a 3-Year ROIIC % of -0.27 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 FRP Holdings and its competitors. According to the industry distribution chart, FRP Holdings ranks #1017 out of 1657 companies in the Real Estate industry, placing it in the top 61.4%.
Is FRP Holdings' 3-Year ROIIC % too high?
FRP Holdings' current 3-Year ROIIC % is -0.27. Based on the distribution chart, FRP Holdings ranks #1017 out of 1657 companies in the Real Estate industry, which is below the industry midpoint. Overall, FRP Holdings has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does FRP Holdings' 3-Year ROIIC % compare to REAX and TCI?
According to the Real Estate industry distribution chart, FRP Holdings ranks #1017 out of 1657 companies for 3-Year ROIIC %. This places FRP Holdings in the lower half of its industry. The industry median 3-Year ROIIC % is 2.27. 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 Real Estate company?
The median 3-Year ROIIC % among Real Estate companies is 2.27, based on 1,657 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. 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 FRP Holdings and its competitors. For the Real Estate industry, the median 3-Year ROIIC % is 2.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FRP Holdings's current 3-Year ROIIC % is -0.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FRP Holdings stock overvalued right now?
Based on GuruFocus' analysis, FRP Holdings (FRPH) is currently considered Modestly Undervalued. The stock's GF Value™ is $29.41, compared to a current price of $21.90 — trading 25.5% below its estimated fair value. The current 3-Year ROIIC % is -0.27. FRP Holdings' overall GF Score™ is 73/100 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 FRP Holdings (FRPH), the current 3-Year ROIIC % is -0.27 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 FRP Holdings (FRPH) Overvalued in 2026?
Based on GuruFocus' analysis, FRP Holdings stock appears to be undervalued.
The current stock price of $21.90 is trading 25.5% below its estimated GF Value™ of $29.41.
GuruFocus considers FRP Holdings to be Modestly Undervalued.
Key valuation signals for FRPH:
3-Year ROIIC %: -0.27
GF Value™: $29.41 vs. price of $21.90 (25.5% below fair value)
No single metric tells the full story. See the FRPH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
FRP Holdings Inc is a holding company engaged in various real estate businesses. The company's business segments are Leasing and management of commercial properties owned by the company (the Industrial/Commercial Segment); Leasing and management of mining royalty land owned by the company (the Mining Royalty Lands Segment); real property acquisition, entitlement, development and construction for apartment, retail, industrial, and office (the Development Segment), and (iv) management of mixed-use residential/retail properties owned through joint ventures.
73GF Score
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3-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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