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MASJSE:MSP -0.99%73 3-Year ROIIC % is 4.30 as of Jun. 2025, which is at its 10-year median of 4.30. GuruFocus rates JSE:MSP with a GF Score™ of 73/100 and a GF Value™ of R20.09 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,663 Real Estate companies, MAS ranks better than 58.39% 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.
MAS's 3-Year ROIIC % for the quarter that ended in Jun. 2025 was 4.30%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for MAS's 3-Year ROIIC % or its related term are showing as below:
JSE:MSP's 3-Year ROIIC % is ranked better than 58.39% of 1663
companies
in the Real Estate industry
Industry Median: 2.36
vs JSE:MSP: 4.30
MAS (JSE:MSP) 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.
MAS 3-Year ROIIC % Related Terms
MAS 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for MAS'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 - Diversified subindustry, MAS'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.
MAS 3-Year ROIIC % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, MAS's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where MAS's 3-Year ROIIC % falls into.
* 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.
MAS (JSE:MSP) has a 3-Year ROIIC % of 4.30 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 MAS and its competitors. This is near median its historical median of 4.30. Over the past decade, MAS's 3-Year ROIIC % has ranged from 1.14 to 22.33. According to the industry distribution chart, MAS ranks #692 out of 1663 companies in the Real Estate industry, placing it in the top 41.6%.
Is MAS's 3-Year ROIIC % too high?
MAS's current 3-Year ROIIC % of 4.30 is near median its 10-year median of 4.30. Over the past 10 years, this metric has ranged from a low of 1.14 to a high of 22.33. The Real Estate industry median 3-Year ROIIC % is 2.36. MAS's value of 4.30 is 82.2% above this industry median. Based on the distribution chart, MAS ranks #692 out of 1663 companies in the Real Estate industry, which is above the industry midpoint. Overall, MAS has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does MAS's 3-Year ROIIC % compare to competitors?
According to the Real Estate industry distribution chart, MAS ranks #692 out of 1663 companies for 3-Year ROIIC %. This puts MAS in the upper half of its industry. The industry median 3-Year ROIIC % is 2.36. MAS's value of 4.30 is 82.2% above this benchmark. Historically, MAS's own 3-Year ROIIC % has ranged from 1.14 to 22.33 over the past decade. While the company's 10-year median is 4.30 vs. the industry median of 2.36, MAS 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 2.36, 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. MAS's current 3-Year ROIIC % of 4.30 is 82.2% 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 MAS and its competitors. For the Real Estate industry, the median 3-Year ROIIC % is 2.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MAS's current 3-Year ROIIC % is 4.30, which is near median its own 10-year median of 4.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MAS stock overvalued right now?
Based on GuruFocus' analysis, MAS (JSE:MSP) is currently considered Fairly Valued. The stock's GF Value™ is R20.09, compared to a current price of R22.09 — trading 10% above its estimated fair value. The current 3-Year ROIIC % is 4.30, which is near median its 10-year median of 4.30 and 82.2% above the Real Estate industry median of 2.36. MAS's overall GF Score™ is 73/100 with 6 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 MAS (JSE:MSP), the current 3-Year ROIIC % is 4.30 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 MAS (JSE:MSP) Overvalued in 2026?
Based on GuruFocus' analysis, MAS stock appears to be overvalued.
The current stock price of R22.09 is trading 10% above its estimated GF Value™ of R20.09.
GuruFocus considers MAS to be Fairly Valued.
Key valuation signals for JSE:MSP:
3-Year ROIIC %: 4.30 (near median its 10-year median of 4.30)
GF Value™: R20.09 vs. price of R22.09 (10% above fair value)
Industry Position: 82.2% above the Real Estate median (#692 of 1663)
No single metric tells the full story. See the JSE:MSP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MAS PLC is a property investor. It owns income generating properties in Romania, Bulgaria, and Poland. The company acquires, develops, and manages retail, office, industrial, and hotel properties. The company's reportable segments are CEE direct assets (CEE), CEE development joint venture (DJV), WE direct assets (WE), and Corporate. Its key revenue is derived from the CEE direct assets (CEE) segment which includes income properties located in CEE fully owned and managed by the company. Geographically, the company derives maximum revenue from Romania, and the rest from Bulgaria, Poland, and Germany.
73GF Score
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