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.
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.
Japan Metropolitan Fund Investment's 3-Year ROIIC % for the quarter that ended in Aug. 2024 was 9.16%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Japan Metropolitan Fund Investment (OTCPK:JRFIF) 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.
Japan Metropolitan Fund Investment 3-Year ROIIC % Related Terms
Japan Metropolitan Fund Investment 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.
Japan Metropolitan Fund Investment 3-Year ROIIC % Chart
For the REIT - Retail subindustry, Japan Metropolitan Fund Investment'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.
Japan Metropolitan Fund Investment 3-Year ROIIC % vs REITs Industry
For the REITs industry and Real Estate sector, Japan Metropolitan Fund Investment's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Japan Metropolitan Fund Investment's 3-Year ROIIC % falls into.
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( 244.935 (Aug. 2024) - 268.52 (Aug. 2021) )
/
( 8796.097 (Aug. 2024) - 11083.055 (Aug. 2021) )
=
-23.585
/
-2286.958
=
1.03%***
* 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.
Japan Metropolitan Fund Investment (JRFIF) has a 3-Year ROIIC % of 9.16 as of Aug. 2024. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Japan Metropolitan Fund Investment and its competitors. This is 121% above median its historical median of 4.14. Over the past decade, Japan Metropolitan Fund Investment's 3-Year ROIIC % has ranged from 0.36 to 9.16. According to the industry distribution chart, Japan Metropolitan Fund Investment ranks #158 out of 684 companies in the REITs industry, placing it in the top 23.1%.
Is Japan Metropolitan Fund Investment's 3-Year ROIIC % too high?
Japan Metropolitan Fund Investment's current 3-Year ROIIC % of 9.16 is 121% above median its 10-year median of 4.14. Over the past 10 years, this metric has ranged from a low of 0.36 to a high of 9.16. The REITs industry median 3-Year ROIIC % is 3.64. Japan Metropolitan Fund Investment's value of 9.16 is 151.6% above this industry median. Based on the distribution chart, Japan Metropolitan Fund Investment ranks #158 out of 684 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Japan Metropolitan Fund Investment has a GF Score™ of 69/100, reflecting its overall financial health beyond just this single metric.
How does Japan Metropolitan Fund Investment's 3-Year ROIIC % compare to SPG and O?
According to the REITs industry distribution chart, Japan Metropolitan Fund Investment ranks #158 out of 684 companies for 3-Year ROIIC %. This places Japan Metropolitan Fund Investment in the top 23% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 3.64. Japan Metropolitan Fund Investment's value of 9.16 is 151.6% above this benchmark. Historically, Japan Metropolitan Fund Investment's own 3-Year ROIIC % has ranged from 0.36 to 9.16 over the past decade. While the company's 10-year median is 4.14 vs. the industry median of 3.64, Japan Metropolitan Fund Investment 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 3.64, based on 684 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. Japan Metropolitan Fund Investment's current 3-Year ROIIC % of 9.16 is 151.6% 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 Japan Metropolitan Fund Investment and its competitors. For the REITs industry, the median 3-Year ROIIC % is 3.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Japan Metropolitan Fund Investment's current 3-Year ROIIC % is 9.16, which is 121% above median its own 10-year median of 4.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Japan Metropolitan Fund Investment stock overvalued right now?
Japan Metropolitan Fund Investment (JRFIF) has a current 3-Year ROIIC % of 9.16. The stock's GF Value™ is $607.30, compared to a current price of $623.98 — trading 2.7% above its estimated fair value. The current 3-Year ROIIC % is 9.16, which is 121% above median its 10-year median of 4.14 and 151.6% above the REITs industry median of 3.64. Japan Metropolitan Fund Investment's overall GF Score™ is 69/100 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 Japan Metropolitan Fund Investment (JRFIF), the current 3-Year ROIIC % is 9.16 as of Aug. 2024. 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 Japan Metropolitan Fund Investment (JRFIF) Overvalued in 2026?
Based on GuruFocus' analysis, Japan Metropolitan Fund Investment stock appears to be overvalued.
The current stock price of $623.98 is trading 2.7% above its estimated GF Value™ of $607.30.
Key valuation signals for JRFIF:
3-Year ROIIC %: 9.16 (121% above median its 10-year median of 4.14)
GF Value™: $607.30 vs. price of $623.98 (2.7% above fair value)
Industry Position: 151.6% above the REITs median (#158 of 684)
No single metric tells the full story. See the JRFIF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Japan Metropolitan Fund Investment Corp is a diversified REIT investing in real estate properties serving as a foundation of urban lives. Its portfolio includes urban retail, mixed-use, office, residence, hotel and suburban retail.
69GF Score
Get the complete analysis for JRFIF
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
JRFIF has been successfully added to your 
