Fortress Real Estate Investments (JSE:FFB) 3-Year ROIIC % : 14.72% (As of Jun. 2025) — 366% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

JSE:FFB Fortress Real Estate Investments Ltd JSE:FFB
80 GF Score
Price R25.31
GF Value R21.83
Valuation Modestly Overvalued
! 8 Warning Signs
View Full Analysis

What is Fortress Real Estate Investments 3-Year ROIIC %?

Fortress Real Estate Investments JSE:FFB +0.32% 80 3-Year ROIIC % is 14.72 as of Jun. 2025, which is 366% above its 10-year median of 3.16. GuruFocus rates JSE:FFB with a GF Score™ of 80/100 and a GF Value™ of R21.83 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 1,663 Real Estate companies, Fortress Real Estate Investments ranks better than 79.31% 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. Fortress Real Estate Investments's 3-Year ROIIC % for the quarter that ended in Jun. 2025 was 14.72%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Fortress Real Estate Investments's 3-Year ROIIC % or its related term are showing as below:

JSE:FFB's 3-Year ROIIC % is ranked better than
79.31% of 1663 companies
in the Real Estate industry
Industry Median: 2.39 vs JSE:FFB: 14.72

Fortress Real Estate Investments  (JSE:FFB) 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.


Fortress Real Estate Investments 3-Year ROIIC % Related Terms


Fortress Real Estate Investments 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Fortress Real Estate Investments'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.

Fortress Real Estate Investments 3-Year ROIIC % Chart

Fortress Real Estate Investments Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.61 1.98 0.16 0.80 14.72

Fortress Real Estate Investments Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.80 0.00 14.72 0.00

JSE:FFB vs CBRE, BEKE, JLL: 3-Year ROIIC % Comparison

For the Real Estate Services subindustry, Fortress Real Estate Investments'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.


Fortress Real Estate Investments 3-Year ROIIC % vs Real Estate Industry

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

* The bar in red indicates where Fortress Real Estate Investments's 3-Year ROIIC % falls into.


JSE:FFB
80GF Score
Fortress Real Estate Investments Ltd JSE:FFB
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fortress Real Estate Investments 3-Year ROIIC % Calculation

Fortress Real Estate Investments's 3-Year ROIIC % for the quarter that ended in Jun. 2025 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 2632.0461294 (Jun. 2025) - 1723.952451 (Jun. 2022) )/( 57879.404 (Jun. 2025) - 51711.547 (Jun. 2022) )
=908.0936784/6167.857
=14.72%***

* 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 14.72 mean?
Fortress Real Estate Investments (JSE:FFB) has a 3-Year ROIIC % of 14.72 as of Jun. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Fortress Real Estate Investments and its competitors. This is 366% above median its historical median of 3.16. Over the past decade, Fortress Real Estate Investments' 3-Year ROIIC % has ranged from 0.16 to 199.15. According to the industry distribution chart, Fortress Real Estate Investments ranks #344 out of 1663 companies in the Real Estate industry, placing it in the top 20.7%.
Is Fortress Real Estate Investments' 3-Year ROIIC % too high?
Fortress Real Estate Investments' current 3-Year ROIIC % of 14.72 is 366% above median its 10-year median of 3.16. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 199.15. The Real Estate industry median 3-Year ROIIC % is 2.39. Fortress Real Estate Investments' value of 14.72 is 515.9% above this industry median. Based on the distribution chart, Fortress Real Estate Investments ranks #344 out of 1663 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Fortress Real Estate Investments has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fortress Real Estate Investments' 3-Year ROIIC % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Fortress Real Estate Investments ranks #344 out of 1663 companies for 3-Year ROIIC %. This places Fortress Real Estate Investments in the top 21% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 2.39. Fortress Real Estate Investments' value of 14.72 is 515.9% above this benchmark. Historically, Fortress Real Estate Investments' own 3-Year ROIIC % has ranged from 0.16 to 199.15 over the past decade. While the company's 10-year median is 3.16 vs. the industry median of 2.39, Fortress Real Estate Investments 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 Real Estate company?
The median 3-Year ROIIC % among Real Estate companies is 2.39, based on 1,663 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. Fortress Real Estate Investments's current 3-Year ROIIC % of 14.72 is 515.9% 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 Fortress Real Estate Investments and its competitors. For the Real Estate industry, the median 3-Year ROIIC % is 2.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fortress Real Estate Investments's current 3-Year ROIIC % is 14.72, which is 366% above median its own 10-year median of 3.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fortress Real Estate Investments stock overvalued right now?
Based on GuruFocus' analysis, Fortress Real Estate Investments (JSE:FFB) is currently considered Modestly Overvalued. The stock's GF Value™ is R21.83, compared to a current price of R25.31 — trading 15.9% above its estimated fair value. The current 3-Year ROIIC % is 14.72, which is 366% above median its 10-year median of 3.16 and 515.9% above the Real Estate industry median of 2.39. Fortress Real Estate Investments' overall GF Score™ is 80/100 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 Fortress Real Estate Investments (JSE:FFB), the current 3-Year ROIIC % is 14.72 as of Jun. 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 Fortress Real Estate Investments (JSE:FFB) Overvalued in 2026?

Based on GuruFocus' analysis, Fortress Real Estate Investments stock appears to be overvalued. The current stock price of R25.31 is trading 15.9% above its estimated GF Value™ of R21.83. GuruFocus considers Fortress Real Estate Investments to be Modestly Overvalued.

Key valuation signals for JSE:FFB:

  • 3-Year ROIIC %: 14.72 (366% above median its 10-year median of 3.16)
  • GF Value™: R21.83 vs. price of R25.31 (15.9% above fair value)
  • GF Score™: 80/100 with 8 warning signs
  • Industry Position: 515.9% above the Real Estate median (#344 of 1663)

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


Fortress Real Estate Investments Business Description

Address Block C, Cullinan Place, Cullinan Close, Morningside, Johannesburg, GT, ZAF, 2196
Fortress Real Estate Investments Ltd invests in both direct property assets and listed real estate securities including both local and foreign property companies. It owns a portfolio of retail, office, industrial, logistics-CEE, logistics-SA, corporate and other. The company generates maximum revenue from the Logistics-SA segment.
80GF Score

Get the complete analysis for JSE:FFB

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

R25.31
Price
R21.83
GF Value