Burstone Group (JSE:BTN) 3-Year ROIIC % : 1.15% (As of Mar. 2026) — 61% Below Median

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JSE:BTN Burstone Group Ltd JSE:BTN
63 GF Score
Price R9.87
GF Value R8.07
Valuation Modestly Overvalued
! 12 Warning Signs
View Full Analysis

What is Burstone Group 3-Year ROIIC %?

Burstone Group JSE:BTN -0.30% 63 3-Year ROIIC % is 1.15 as of Mar. 2026, which is 61% below its 10-year median of 2.93. GuruFocus rates JSE:BTN with a GF Score™ of 63/100 and a GF Value™ of R8.07 (Modestly Overvalued). The stock has 12 warning signs investors should review. Among 684 REITs companies, Burstone Group ranks worse than 64.91% 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. Burstone Group's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 1.15%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

JSE:BTN's 3-Year ROIIC % is ranked worse than
64.91% of 684 companies
in the REITs industry
Industry Median: 3.505 vs JSE:BTN: 1.15

Burstone Group  (JSE:BTN) 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.


Burstone Group 3-Year ROIIC % Related Terms


Burstone Group 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Burstone Group'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.

Burstone Group 3-Year ROIIC % Chart

Burstone Group Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -10.73 4.14 15.87 1.71 1.15

Burstone Group Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 15.87 0.00 1.71 0.00 1.15

JSE:BTN vs VICI, WPC: 3-Year ROIIC % Comparison

For the REIT - Diversified subindustry, Burstone Group'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.


Burstone Group 3-Year ROIIC % vs REITs Industry

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

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


JSE:BTN
63GF Score
Burstone Group Ltd JSE:BTN
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Burstone Group 3-Year ROIIC % Calculation

Burstone Group's 3-Year ROIIC % for the quarter that ended in Mar. 2026 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 940.3336764 (Mar. 2026) - 1033.005 (Mar. 2023) )/( 18695.883 (Mar. 2026) - 26746.426 (Mar. 2023) )
=-92.6713236/-8050.543
=1.15%***

* 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 1.15 mean?
Burstone Group (JSE:BTN) has a 3-Year ROIIC % of 1.15 as of Mar. 2026. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Burstone Group and its competitors. This is 61% below median its historical median of 2.93. According to the industry distribution chart, Burstone Group ranks #444 out of 684 companies in the REITs industry, placing it in the top 64.9%.
Is Burstone Group's 3-Year ROIIC % too high?
Burstone Group's current 3-Year ROIIC % of 1.15 is 61% below median its 10-year median of 2.93. The REITs industry median 3-Year ROIIC % is 3.51. Burstone Group's value of 1.15 is 67.2% below this industry median. Based on the distribution chart, Burstone Group ranks #444 out of 684 companies in the REITs industry, which is below the industry midpoint. Overall, Burstone Group has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Burstone Group's 3-Year ROIIC % compare to VICI and WPC?
According to the REITs industry distribution chart, Burstone Group ranks #444 out of 684 companies for 3-Year ROIIC %. This places Burstone Group in the lower half of its industry. The industry median 3-Year ROIIC % is 3.51. Burstone Group's value of 1.15 is 67.2% below this benchmark. While the company's 10-year median is 2.93 vs. the industry median of 3.51, Burstone Group has consistently been below 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 3.51, 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. Burstone Group's current 3-Year ROIIC % of 1.15 is 67.2% below 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 Burstone Group and its competitors. For the REITs industry, the median 3-Year ROIIC % is 3.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Burstone Group's current 3-Year ROIIC % is 1.15, which is 61% below median its own 10-year median of 2.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Burstone Group stock overvalued right now?
Based on GuruFocus' analysis, Burstone Group (JSE:BTN) is currently considered Modestly Overvalued. The stock's GF Value™ is R8.07, compared to a current price of R9.87 — trading 22.3% above its estimated fair value. The current 3-Year ROIIC % is 1.15, which is 61% below median its 10-year median of 2.93 and 67.2% below the REITs industry median of 3.51. Burstone Group's overall GF Score™ is 63/100 with 12 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 Burstone Group (JSE:BTN), the current 3-Year ROIIC % is 1.15 as of Mar. 2026. 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 Burstone Group (JSE:BTN) Overvalued in 2026?

Based on GuruFocus' analysis, Burstone Group stock appears to be overvalued. The current stock price of R9.87 is trading 22.3% above its estimated GF Value™ of R8.07. GuruFocus considers Burstone Group to be Modestly Overvalued.

Key valuation signals for JSE:BTN:

  • 3-Year ROIIC %: 1.15 (61% below median its 10-year median of 2.93)
  • GF Value™: R8.07 vs. price of R9.87 (22.3% above fair value)
  • GF Score™: 63/100 with 12 warning signs
  • Industry Position: 67.2% below the REITs median (#444 of 684)

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


Burstone Group Business Description

Industry Real EstateREITs
Address 4 Sandown Valley Crescent, 4th Floor, Sandown, Sandton, GT, ZAF, 2196
Burstone Group Ltd is a real estate investment trust operating in South Africa and formed with the purpose of investing in direct real estate. The objective of the fund is to expand its asset base by investing in well-priced income-producing investment properties. The fund invests in the office, industrial, and retail property sectors and is managed and operated by Investec Property, which is a wholly-owned subsidiary of Investec. The fund is well diversified in terms of sectoral spread but mostly concentrates investments in the province of Gauteng from a geographical spread standpoint. The vast majority of the fund's revenue is derived from contracted rental fees.
63GF Score

Get the complete analysis for JSE:BTN

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

R9.87
Price
R8.07
GF Value