Real Estate InvestorsLSE:RLE 42 3-Year ROIIC % is 5.33 as of Dec. 2025, which is 48% below its 10-year median of 10.24. GuruFocus rates LSE:RLE with a GF Score™ of 42/100 and a GF Value™ of £0.25 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 695 REITs companies, Real Estate Investors ranks better than 61.44% 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.
Real Estate Investors's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 5.33%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Real Estate Investors's 3-Year ROIIC % or its related term are showing as below:
LSE:RLE's 3-Year ROIIC % is ranked better than 61.44% of 695
companies
in the REITs industry
Industry Median: 3.52
vs LSE:RLE: 5.33
Real Estate Investors (LSE:RLE) 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.
Real Estate Investors 3-Year ROIIC % Related Terms
Real Estate Investors 3-Year ROIIC % Historical Data
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The historical data trend for Real Estate Investors'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 - Diversified subindustry, Real Estate Investors'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.
Real Estate Investors 3-Year ROIIC % vs REITs Industry
For the REITs industry and Real Estate sector, Real Estate Investors's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Real Estate Investors's 3-Year ROIIC % falls into.
Real Estate Investors's 3-Year ROIIC % for the quarter that ended in Dec. 2025 is calculated as:
3-Year ROIIC %
=
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( 4.975 (Dec. 2025) - 7.552 (Dec. 2022) )
/
( 147.783 (Dec. 2025) - 196.124 (Dec. 2022) )
=
-2.577
/
-48.341
=
5.33%***
* 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.
Real Estate Investors (LSE:RLE) has a 3-Year ROIIC % of 5.33 as of Dec. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Real Estate Investors and its competitors. This is 48% below median its historical median of 10.24. Over the past decade, Real Estate Investors' 3-Year ROIIC % has ranged from 3.38 to 22.62. According to the industry distribution chart, Real Estate Investors ranks #268 out of 695 companies in the REITs industry, placing it in the top 38.6%.
Is Real Estate Investors' 3-Year ROIIC % too high?
Real Estate Investors' current 3-Year ROIIC % of 5.33 is 48% below median its 10-year median of 10.24. Over the past 10 years, this metric has ranged from a low of 3.38 to a high of 22.62. The REITs industry median 3-Year ROIIC % is 3.52. Real Estate Investors' value of 5.33 is 51.4% above this industry median. Based on the distribution chart, Real Estate Investors ranks #268 out of 695 companies in the REITs industry, which is above the industry midpoint. Overall, Real Estate Investors has a GF Score™ of 42/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Real Estate Investors' 3-Year ROIIC % compare to VICI and WPC?
According to the REITs industry distribution chart, Real Estate Investors ranks #268 out of 695 companies for 3-Year ROIIC %. This puts Real Estate Investors in the upper half of its industry. The industry median 3-Year ROIIC % is 3.52. Real Estate Investors' value of 5.33 is 51.4% above this benchmark. Historically, Real Estate Investors' own 3-Year ROIIC % has ranged from 3.38 to 22.62 over the past decade. While the company's 10-year median is 10.24 vs. the industry median of 3.52, Real Estate Investors 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 3.52, based on 695 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. Real Estate Investors's current 3-Year ROIIC % of 5.33 is 51.4% 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 Real Estate Investors and its competitors. For the REITs industry, the median 3-Year ROIIC % is 3.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Real Estate Investors's current 3-Year ROIIC % is 5.33, which is 48% below median its own 10-year median of 10.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Real Estate Investors stock overvalued right now?
Based on GuruFocus' analysis, Real Estate Investors (LSE:RLE) is currently considered Modestly Overvalued. The stock's GF Value™ is £0.25, compared to a current price of £0.32 — trading 26% above its estimated fair value. The current 3-Year ROIIC % is 5.33, which is 48% below median its 10-year median of 10.24 and 51.4% above the REITs industry median of 3.52. Real Estate Investors' overall GF Score™ is 42/100 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 Real Estate Investors (LSE:RLE), the current 3-Year ROIIC % is 5.33 as of Dec. 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 Real Estate Investors (LSE:RLE) Overvalued in 2026?
Based on GuruFocus' analysis, Real Estate Investors stock appears to be overvalued.
The current stock price of £0.32 is trading 26% above its estimated GF Value™ of £0.25.
GuruFocus considers Real Estate Investors to be Modestly Overvalued.
Key valuation signals for LSE:RLE:
3-Year ROIIC %: 5.33 (48% below median its 10-year median of 10.24)
GF Value™: £0.25 vs. price of £0.32 (26% above fair value)
Industry Position: 51.4% above the REITs median (#268 of 695)
No single metric tells the full story. See the LSE:RLE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Real Estate Investors PLC operates as a real estate investment trust in the United Kingdom. The property investment firm has interests in commercial and residential properties throughout the country. Its portfolio is diversified by property type and tenant, with a mix of office, retail, and residential assets. The company invests in well-located, real estate assets in the established markets of central Birmingham and the Midlands. Its source of income is in the form of rents derived from retail, office, and residential land and property, new lettings, rent reviews, lease renewals, refurbishment, change of use, and planning gains. It has a range of occupiers from national and regional multiple retailers to government and corporate office occupiers.
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