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.
National Healthcare Properties's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was -4.54%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
NHPAP.PFD's 3-Year ROIIC % is ranked worse than 81.95% of 698
companies
in the REITs industry
Industry Median: 3.505
vs NHPAP.PFD: -4.54
National Healthcare Properties (NAS:NHPAP.PFD) 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.
National Healthcare Properties 3-Year ROIIC % Related Terms
National Healthcare Properties 3-Year ROIIC % Historical Data
* 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.
National Healthcare Properties 3-Year ROIIC % Chart
NHPAP.PFD vs UHT, CHCT, SILA: 3-Year ROIIC % Comparison
For the REIT - Healthcare Facilities subindustry, National Healthcare Properties'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.
National Healthcare Properties 3-Year ROIIC % vs REITs Industry
For the REITs industry and Real Estate sector, National Healthcare Properties's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where National Healthcare Properties's 3-Year ROIIC % falls into.
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( 20.93 (Dec. 2025) - -2.302 (Dec. 2022) )
/
( 2102.568 (Dec. 2025) - 2614.757 (Dec. 2022) )
=
23.232
/
-512.189
=
-4.54%***
* 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.
National Healthcare Properties (NHPAP.PFD) has a 3-Year ROIIC % of -4.54 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 National Healthcare Properties and its competitors. According to the industry distribution chart, National Healthcare Properties ranks #572 out of 698 companies in the REITs industry, placing it in the top 81.9%.
Is National Healthcare Properties' 3-Year ROIIC % too high?
National Healthcare Properties' current 3-Year ROIIC % is -4.54. Based on the distribution chart, National Healthcare Properties ranks #572 out of 698 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, National Healthcare Properties has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does National Healthcare Properties' 3-Year ROIIC % compare to UHT and CHCT?
According to the REITs industry distribution chart, National Healthcare Properties ranks #572 out of 698 companies for 3-Year ROIIC %. This places National Healthcare Properties in the lower half of its industry. The industry median 3-Year ROIIC % is 3.51. 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 3.51, based on 698 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. 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 National Healthcare Properties and its competitors. For the REITs industry, the median 3-Year ROIIC % is 3.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Healthcare Properties's current 3-Year ROIIC % is -4.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Healthcare Properties stock overvalued right now?
National Healthcare Properties (NHPAP.PFD) has a current 3-Year ROIIC % of -4.54. The current 3-Year ROIIC % is -4.54. National Healthcare Properties' overall GF Score™ is 33/100 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 National Healthcare Properties (NHPAP.PFD), the current 3-Year ROIIC % is -4.54 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.
National Healthcare Properties Business Description
National Healthcare Properties Inc is a publicly registered real estate investment trust. It is focused on acquiring, owning, and managing a diversified portfolio of healthcare real estate assets focused on senior housing operating properties (SHOP) and outpatient medical facilities (OMF) in the United States. The company operates in two reportable business segments: SHOP and OMF. The SHOP segment consists of assisted living communities, memory care communities and independent living communities, which are focused on needs-based assisted living and memory care. The OMF segment consists of physicians' offices and examination rooms, hospitals, pharmacies, hospital ancillary service space and other outpatient services. The majority of revenue is derived from the SHOP segment.
33GF Score
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