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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.
Newpark REIT's 3-Year ROIIC % for the quarter that ended in Feb. 2026 was -1.45%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Newpark REIT's 3-Year ROIIC % or its related term are showing as below:
JSE:NRL's 3-Year ROIIC % is ranked worse than 75.66% of 686
companies
in the REITs industry
Industry Median: 3.64
vs JSE:NRL: -1.45
Newpark REIT (JSE:NRL) 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.
Newpark REIT 3-Year ROIIC % Related Terms
Newpark REIT 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Newpark REIT'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.
JSE:NRL vs VICI, WPC, BNL: 3-Year ROIIC % Comparison
For the REIT - Diversified subindustry, Newpark REIT'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.
Newpark REIT 3-Year ROIIC % vs REITs Industry
For the REITs industry and Real Estate sector, Newpark REIT's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Newpark REIT's 3-Year ROIIC % falls into.
Newpark REIT's 3-Year ROIIC % for the quarter that ended in Feb. 2026 is calculated as:
3-Year ROIIC %
=
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( 93.923 (Feb. 2026) - 88.704 (Feb. 2023) )
/
( 1027.177 (Feb. 2026) - 1386.244 (Feb. 2023) )
=
5.219
/
-359.067
=
-1.45%***
* 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.
Newpark REIT (JSE:NRL) has a 3-Year ROIIC % of -1.45 as of Feb. 2026. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Newpark REIT and its competitors. According to the industry distribution chart, Newpark REIT ranks #519 out of 686 companies in the REITs industry, placing it in the top 75.7%.
Is Newpark REIT's 3-Year ROIIC % too high?
Newpark REIT's current 3-Year ROIIC % is -1.45. Based on the distribution chart, Newpark REIT ranks #519 out of 686 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Newpark REIT has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Newpark REIT's 3-Year ROIIC % compare to VICI and WPC?
According to the REITs industry distribution chart, Newpark REIT ranks #519 out of 686 companies for 3-Year ROIIC %. This places Newpark REIT in the lower half of its industry. The industry median 3-Year ROIIC % is 3.64. 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 686 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 Newpark REIT 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. Newpark REIT's current 3-Year ROIIC % is -1.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Newpark REIT stock overvalued right now?
Based on GuruFocus' analysis, Newpark REIT (JSE:NRL) is currently considered Fairly Valued. The stock's GF Value™ is R4.72, compared to a current price of R4.70 — trading 0.4% below its estimated fair value. The current 3-Year ROIIC % is -1.45. Newpark REIT's overall GF Score™ is 68/100 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 Newpark REIT (JSE:NRL), the current 3-Year ROIIC % is -1.45 as of Feb. 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 Newpark REIT (JSE:NRL) Overvalued in 2026?
Based on GuruFocus' analysis, Newpark REIT stock appears to be undervalued.
The current stock price of R4.70 is trading 0.4% below its estimated GF Value™ of R4.72.
GuruFocus considers Newpark REIT to be Fairly Valued.
Key valuation signals for JSE:NRL:
3-Year ROIIC %: -1.45
GF Value™: R4.72 vs. price of R4.70 (0.4% below fair value)
No single metric tells the full story. See the JSE:NRL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Newpark REIT Ltd is a real estate investment trust company in South Africa. The company focuses on investing in A-grade commercial properties. Its property portfolio comprises the JSE building, the 24 Central, and industrial buildings in Linbro Business Park and Crown City. The Company is organized into four main operating segments, which include Mixed use (office, retail, and storage), Head office, Office, and Industrial. It generates the majority of the revenue from the Office segment.
68GF Score
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