Stor-Age Property REIT (JSE:SSS) 3-Year ROIIC % : 5.87% (As of Mar. 2026) — Near Median

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JSE:SSS Stor-Age Property REIT Ltd JSE:SSS
80 GF Score
Price R16.57
GF Value R16.22
Valuation Fairly Valued
! 6 Warning Signs
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What is Stor-Age Property REIT 3-Year ROIIC %?

Stor-Age Property REIT JSE:SSS -1.60% 80 3-Year ROIIC % is 5.87 as of Mar. 2026, which is 2% above its 10-year median of 5.73. GuruFocus rates JSE:SSS with a GF Score™ of 80/100 and a GF Value™ of R16.22 (Fairly Valued). The stock has 6 warning signs investors should review. Among 691 REITs companies, Stor-Age Property REIT ranks better than 64.69% 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. Stor-Age Property REIT's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 5.87%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Stor-Age Property REIT's 3-Year ROIIC % or its related term are showing as below:

JSE:SSS's 3-Year ROIIC % is ranked better than
64.69% of 691 companies
in the REITs industry
Industry Median: 3.59 vs JSE:SSS: 5.87

Stor-Age Property REIT  (JSE:SSS) 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.


Stor-Age Property REIT 3-Year ROIIC % Related Terms


Stor-Age Property REIT 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Stor-Age Property 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.

Stor-Age Property REIT 3-Year ROIIC % Chart

Stor-Age Property REIT 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 3.54 3.61 5.77 11.94 5.87

Stor-Age Property REIT 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 5.77 0.00 11.94 0.00 5.87

JSE:SSS vs PLD, PSA, EXR: 3-Year ROIIC % Comparison

For the REIT - Industrial subindustry, Stor-Age Property 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.


Stor-Age Property REIT 3-Year ROIIC % vs REITs Industry

For the REITs industry and Real Estate sector, Stor-Age Property REIT's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Stor-Age Property REIT's 3-Year ROIIC % falls into.


JSE:SSS
80GF Score
Stor-Age Property REIT Ltd JSE:SSS
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Stor-Age Property REIT 3-Year ROIIC % Calculation

Stor-Age Property REIT'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**
=( 848.8326158 (Mar. 2026) - 612.0875936 (Mar. 2023) )/( 15939.004 (Mar. 2026) - 11903.455 (Mar. 2023) )
=236.7450222/4035.549
=5.87%***

* 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 5.87 mean?
Stor-Age Property REIT (JSE:SSS) has a 3-Year ROIIC % of 5.87 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 Stor-Age Property REIT and its competitors. This is near median its historical median of 5.73. Over the past decade, Stor-Age Property REIT's 3-Year ROIIC % has ranged from 3.54 to 11.94. According to the industry distribution chart, Stor-Age Property REIT ranks #244 out of 691 companies in the REITs industry, placing it in the top 35.3%.
Is Stor-Age Property REIT's 3-Year ROIIC % too high?
Stor-Age Property REIT's current 3-Year ROIIC % of 5.87 is near median its 10-year median of 5.73. Over the past 10 years, this metric has ranged from a low of 3.54 to a high of 11.94. The REITs industry median 3-Year ROIIC % is 3.59. Stor-Age Property REIT's value of 5.87 is 63.5% above this industry median. Based on the distribution chart, Stor-Age Property REIT ranks #244 out of 691 companies in the REITs industry, which is above the industry midpoint. Overall, Stor-Age Property REIT has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Stor-Age Property REIT's 3-Year ROIIC % compare to PLD and PSA?
According to the REITs industry distribution chart, Stor-Age Property REIT ranks #244 out of 691 companies for 3-Year ROIIC %. This puts Stor-Age Property REIT in the upper half of its industry. The industry median 3-Year ROIIC % is 3.59. Stor-Age Property REIT's value of 5.87 is 63.5% above this benchmark. Historically, Stor-Age Property REIT's own 3-Year ROIIC % has ranged from 3.54 to 11.94 over the past decade. While the company's 10-year median is 5.73 vs. the industry median of 3.59, Stor-Age Property REIT 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 3.59, based on 691 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. Stor-Age Property REIT's current 3-Year ROIIC % of 5.87 is 63.5% 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 Stor-Age Property REIT and its competitors. For the REITs industry, the median 3-Year ROIIC % is 3.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Stor-Age Property REIT's current 3-Year ROIIC % is 5.87, which is near median its own 10-year median of 5.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stor-Age Property REIT stock overvalued right now?
Based on GuruFocus' analysis, Stor-Age Property REIT (JSE:SSS) is currently considered Fairly Valued. The stock's GF Value™ is R16.22, compared to a current price of R16.57 — trading 2.2% above its estimated fair value. The current 3-Year ROIIC % is 5.87, which is near median its 10-year median of 5.73 and 63.5% above the REITs industry median of 3.59. Stor-Age Property REIT's overall GF Score™ is 80/100 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 Stor-Age Property REIT (JSE:SSS), the current 3-Year ROIIC % is 5.87 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 Stor-Age Property REIT (JSE:SSS) Overvalued in 2026?

Based on GuruFocus' analysis, Stor-Age Property REIT stock appears to be overvalued. The current stock price of R16.57 is trading 2.2% above its estimated GF Value™ of R16.22. GuruFocus considers Stor-Age Property REIT to be Fairly Valued.

Key valuation signals for JSE:SSS:

  • 3-Year ROIIC %: 5.87 (near median its 10-year median of 5.73)
  • GF Value™: R16.22 vs. price of R16.57 (2.2% above fair value)
  • GF Score™: 80/100 with 6 warning signs
  • Industry Position: 63.5% above the REITs median (#244 of 691)

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


Stor-Age Property REIT Business Description

Industry Real EstateREITs
Address 216 Main Road, Claremont, Cape Town, WC, ZAF, 7735
Stor-Age Property REIT Ltd develops, acquires, and manages self-storage properties. It earns revenue in the form of rentals from the tenants of its investment properties. The company's geographical operating segments are; South Africa which generates maximum revenue, and the United Kingdom.
80GF Score

Get the complete analysis for JSE:SSS

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

R16.57
Price
R16.22
GF Value