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LondonMetric PropertyLNSPF 75 3-Year ROIIC % is 5.90 as of Mar. 2026, which is 29% above its 10-year median of 4.57. GuruFocus rates LNSPF with a GF Score™ of 75/100 and a GF Value™ of $2.77 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 692 REITs companies, LondonMetric Property ranks better than 65.32% 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.
LondonMetric Property's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 5.90%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for LondonMetric Property's 3-Year ROIIC % or its related term are showing as below:
LNSPF's 3-Year ROIIC % is ranked better than 65.32% of 692
companies
in the REITs industry
Industry Median: 3.555
vs LNSPF: 5.90
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.
LondonMetric Property 3-Year ROIIC % Related Terms
LondonMetric Property 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for LondonMetric Property'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 REIT - Industrial subindustry, LondonMetric Property'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.
LondonMetric Property 3-Year ROIIC % vs REITs Industry
For the REITs industry and Real Estate sector, LondonMetric Property's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where LondonMetric Property's 3-Year ROIIC % falls into.
LondonMetric Property'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**
=
( 567.4141981 (Mar. 2026) - 156.311 (Mar. 2023) )
/
( 10872.8 (Mar. 2026) - 3790.413 (Mar. 2023) )
=
411.1031981
/
7082.387
=
5.80%***
* 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.
LondonMetric Property (LNSPF) has a 3-Year ROIIC % of 5.90 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 LondonMetric Property and its competitors. This is 29% above median its historical median of 4.57. Over the past decade, LondonMetric Property's 3-Year ROIIC % has ranged from 1.33 to 9.86. According to the industry distribution chart, LondonMetric Property ranks #240 out of 692 companies in the REITs industry, placing it in the top 34.7%.
Is LondonMetric Property's 3-Year ROIIC % too high?
LondonMetric Property's current 3-Year ROIIC % of 5.90 is 29% above median its 10-year median of 4.57. Over the past 10 years, this metric has ranged from a low of 1.33 to a high of 9.86. The REITs industry median 3-Year ROIIC % is 3.56. LondonMetric Property's value of 5.90 is 66% above this industry median. Based on the distribution chart, LondonMetric Property ranks #240 out of 692 companies in the REITs industry, which is above the industry midpoint. Overall, LondonMetric Property has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does LondonMetric Property's 3-Year ROIIC % compare to PLD and PSA?
According to the REITs industry distribution chart, LondonMetric Property ranks #240 out of 692 companies for 3-Year ROIIC %. This puts LondonMetric Property in the upper half of its industry. The industry median 3-Year ROIIC % is 3.56. LondonMetric Property's value of 5.90 is 66% above this benchmark. Historically, LondonMetric Property's own 3-Year ROIIC % has ranged from 1.33 to 9.86 over the past decade. While the company's 10-year median is 4.57 vs. the industry median of 3.56, LondonMetric Property 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 3.56, based on 692 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. LondonMetric Property's current 3-Year ROIIC % of 5.90 is 66% 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 LondonMetric Property and its competitors. For the REITs industry, the median 3-Year ROIIC % is 3.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LondonMetric Property's current 3-Year ROIIC % is 5.90, which is 29% above median its own 10-year median of 4.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LondonMetric Property stock overvalued right now?
Based on GuruFocus' analysis, LondonMetric Property (LNSPF) is currently considered Modestly Undervalued. The stock's GF Value™ is $2.77, compared to a current price of $2.47 — trading 10.8% below its estimated fair value. The current 3-Year ROIIC % is 5.90, which is 29% above median its 10-year median of 4.57 and 66% above the REITs industry median of 3.56. LondonMetric Property's overall GF Score™ is 75/100 with 7 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 LondonMetric Property (LNSPF), the current 3-Year ROIIC % is 5.90 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 LondonMetric Property (LNSPF) Overvalued in 2026?
Based on GuruFocus' analysis, LondonMetric Property stock appears to be undervalued.
The current stock price of $2.47 is trading 10.8% below its estimated GF Value™ of $2.77.
GuruFocus considers LondonMetric Property to be Modestly Undervalued.
Key valuation signals for LNSPF:
3-Year ROIIC %: 5.90 (29% above median its 10-year median of 4.57)
GF Value™: $2.77 vs. price of $2.47 (10.8% below fair value)
Industry Position: 66% above the REITs median (#240 of 692)
No single metric tells the full story. See the LNSPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
LondonMetric Property PLC is a real estate company that is engaged in property investment and development across the United Kingdom. The Group operates predominantly in the United Kingdom.
75GF Score
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3-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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