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Vastned NVLTS:0ET5 +0.51%66 3-Year ROIIC % is 2.96 as of Dec. 2025, which is 4% above its 10-year median of 2.84. GuruFocus rates LTS:0ET5 with a GF Score™ of 66/100 and a GF Value™ of €28.98 (Fairly Valued). The stock has 9 warning signs investors should review. Among 684 REITs companies, Vastned NV ranks worse than 54.68% 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.
Vastned NV's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 2.96%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Vastned NV's 3-Year ROIIC % or its related term are showing as below:
LTS:0ET5's 3-Year ROIIC % is ranked worse than 54.68% of 684
companies
in the REITs industry
Industry Median: 3.64
vs LTS:0ET5: 2.96
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.
Vastned NV 3-Year ROIIC % Related Terms
Vastned NV 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Vastned NV'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.
LTS:0ET5 vs SPG, O, KIM: 3-Year ROIIC % Comparison
For the REIT - Retail subindustry, Vastned NV'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.
Vastned NV 3-Year ROIIC % vs REITs Industry
For the REITs industry and Real Estate sector, Vastned NV's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Vastned NV's 3-Year ROIIC % falls into.
* 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.
Vastned NV (LTS:0ET5) has a 3-Year ROIIC % of 2.96 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 Vastned NV and its competitors. This is near median its historical median of 2.84. According to the industry distribution chart, Vastned NV ranks #374 out of 684 companies in the REITs industry, placing it in the top 54.7%.
Is Vastned NV's 3-Year ROIIC % too high?
Vastned NV's current 3-Year ROIIC % of 2.96 is near median its 10-year median of 2.84. The REITs industry median 3-Year ROIIC % is 3.64. Vastned NV's value of 2.96 is 18.7% below this industry median. Based on the distribution chart, Vastned NV ranks #374 out of 684 companies in the REITs industry, which is below the industry midpoint. Overall, Vastned NV has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Vastned NV's 3-Year ROIIC % compare to SPG and O?
According to the REITs industry distribution chart, Vastned NV ranks #374 out of 684 companies for 3-Year ROIIC %. This places Vastned NV in the lower half of its industry. The industry median 3-Year ROIIC % is 3.64. Vastned NV's value of 2.96 is 18.7% below this benchmark. While the company's 10-year median is 2.84 vs. the industry median of 3.64, Vastned NV has consistently been below 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 3.64, based on 684 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. Vastned NV's current 3-Year ROIIC % of 2.96 is 18.7% below 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 Vastned NV 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. Vastned NV's current 3-Year ROIIC % is 2.96, which is near median its own 10-year median of 2.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vastned NV stock overvalued right now?
Based on GuruFocus' analysis, Vastned NV (LTS:0ET5) is currently considered Fairly Valued. The stock's GF Value™ is €28.98, compared to a current price of €29.65 — trading 2.3% above its estimated fair value. The current 3-Year ROIIC % is 2.96, which is near median its 10-year median of 2.84 and 18.7% below the REITs industry median of 3.64. Vastned NV's overall GF Score™ is 66/100 with 9 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 Vastned NV (LTS:0ET5), the current 3-Year ROIIC % is 2.96 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 Vastned NV (LTS:0ET5) Overvalued in 2026?
Based on GuruFocus' analysis, Vastned NV stock appears to be overvalued.
The current stock price of €29.65 is trading 2.3% above its estimated GF Value™ of €28.98.
GuruFocus considers Vastned NV to be Fairly Valued.
Key valuation signals for LTS:0ET5:
3-Year ROIIC %: 2.96 (near median its 10-year median of 2.84)
GF Value™: €28.98 vs. price of €29.65 (2.3% above fair value)
Industry Position: 18.7% below the REITs median (#374 of 684)
No single metric tells the full story. See the LTS:0ET5 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vastned NV, formerly Vastned Belgium is a Belgium-based property investment company. Principally, it invests in Belgian commercial real estate, prime retail properties located on the shopping streets in the cities of Antwerp, Brussels, Ghent and Bruges, inner-city shops, high-end retail parks and retail warehouses.
66GF Score
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