Octodec Investments (JSE:OCT) 3-Year ROIIC % : 12.18% (As of Aug. 2025) — 59% 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:OCT Octodec Investments Ltd JSE:OCT
64 GF Score
Price R17.30
GF Value R11.14
Valuation Significantly Overvalued
! 12 Warning Signs
View Full Analysis

What is Octodec Investments 3-Year ROIIC %?

Octodec Investments JSE:OCT +0.06% 64 3-Year ROIIC % is 12.18 as of Aug. 2025, which is 59% above its 10-year median of 7.64. GuruFocus rates JSE:OCT with a GF Score™ of 64/100 and a GF Value™ of R11.14 (Significantly Overvalued). The stock has 12 warning signs investors should review. Among 690 REITs companies, Octodec Investments ranks better than 83.33% 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. Octodec Investments's 3-Year ROIIC % for the quarter that ended in Aug. 2025 was 12.18%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

JSE:OCT's 3-Year ROIIC % is ranked better than
83.33% of 690 companies
in the REITs industry
Industry Median: 3.66 vs JSE:OCT: 12.18

Octodec Investments  (JSE:OCT) 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.


Octodec Investments 3-Year ROIIC % Related Terms


Octodec Investments 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Octodec 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.

Octodec Investments 3-Year ROIIC % Chart

Octodec Investments Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.25 6.43 15.20 -0.35 12.18

Octodec Investments Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 -0.35 0.00 12.18 0.00

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

For the REIT - Diversified subindustry, Octodec 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.


Octodec Investments 3-Year ROIIC % vs REITs Industry

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

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


JSE:OCT
64GF Score
Octodec Investments Ltd JSE:OCT
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Octodec Investments 3-Year ROIIC % Calculation

Octodec Investments's 3-Year ROIIC % for the quarter that ended in Aug. 2025 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 846.778 (Aug. 2025) - 818.7228017 (Aug. 2022) )/( 12114.839 (Aug. 2025) - 11884.553 (Aug. 2022) )
=28.0551983/230.286
=12.18%***

* 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 12.18 mean?
Octodec Investments (JSE:OCT) has a 3-Year ROIIC % of 12.18 as of Aug. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Octodec Investments and its competitors. This is 59% above median its historical median of 7.64. According to the industry distribution chart, Octodec Investments ranks #115 out of 690 companies in the REITs industry, placing it in the top 16.7%.
Is Octodec Investments' 3-Year ROIIC % too high?
Octodec Investments' current 3-Year ROIIC % of 12.18 is 59% above median its 10-year median of 7.64. The REITs industry median 3-Year ROIIC % is 3.66. Octodec Investments' value of 12.18 is 232.8% above this industry median. Based on the distribution chart, Octodec Investments ranks #115 out of 690 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Octodec Investments has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Octodec Investments' 3-Year ROIIC % compare to VICI and WPC?
According to the REITs industry distribution chart, Octodec Investments ranks #115 out of 690 companies for 3-Year ROIIC %. This places Octodec Investments in the top 17% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 3.66. Octodec Investments' value of 12.18 is 232.8% above this benchmark. While the company's 10-year median is 7.64 vs. the industry median of 3.66, Octodec 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 REITs company?
The median 3-Year ROIIC % among REITs companies is 3.66, based on 690 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. Octodec Investments's current 3-Year ROIIC % of 12.18 is 232.8% 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 Octodec Investments and its competitors. For the REITs industry, the median 3-Year ROIIC % is 3.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Octodec Investments's current 3-Year ROIIC % is 12.18, which is 59% above median its own 10-year median of 7.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Octodec Investments stock overvalued right now?
Based on GuruFocus' analysis, Octodec Investments (JSE:OCT) is currently considered Significantly Overvalued. The stock's GF Value™ is R11.14, compared to a current price of R17.30 — trading 55.3% above its estimated fair value. The current 3-Year ROIIC % is 12.18, which is 59% above median its 10-year median of 7.64 and 232.8% above the REITs industry median of 3.66. Octodec Investments' overall GF Score™ is 64/100 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 Octodec Investments (JSE:OCT), the current 3-Year ROIIC % is 12.18 as of Aug. 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 Octodec Investments (JSE:OCT) Overvalued in 2026?

Based on GuruFocus' analysis, Octodec Investments stock appears to be overvalued. The current stock price of R17.30 is trading 55.3% above its estimated GF Value™ of R11.14. GuruFocus considers Octodec Investments to be Significantly Overvalued.

Key valuation signals for JSE:OCT:

  • 3-Year ROIIC %: 12.18 (59% above median its 10-year median of 7.64)
  • GF Value™: R11.14 vs. price of R17.30 (55.3% above fair value)
  • GF Score™: 64/100 with 12 warning signs
  • Industry Position: 232.8% above the REITs median (#115 of 690)

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


Octodec Investments Business Description

Industry Real EstateREITs
Address 101 Du Toit Street, CPA House, Tshwane, Pretoria, GT, ZAF, 0002
Octodec Investments Ltd is a real estate investment trust (REIT). The company generates rental income from Residential, Retail - street shops, Retail - shopping centres, offices, industrial, and parking, where the majority of its revenue is from the Residential segment. The diversified portfolio comprises residential, retail, office, and industrial properties.
64GF Score

Get the complete analysis for JSE:OCT

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

R17.30
Price
R11.14
GF Value