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.
Nippon Prologis REIT does not have enough data to calculate 3-Year ROIIC %.
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.
Nippon Prologis REIT 3-Year ROIIC % Related Terms
Nippon Prologis REIT 3-Year ROIIC % Historical Data
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The historical data trend for Nippon Prologis 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.
For the REIT - Industrial subindustry, Nippon Prologis 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.
Nippon Prologis REIT 3-Year ROIIC % vs REITs Industry
For the REITs industry and Real Estate sector, Nippon Prologis REIT's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Nippon Prologis REIT's 3-Year ROIIC % falls into.
Nippon Prologis REIT's 3-Year ROIIC % for the quarter that ended in Nov. 2025 is calculated as:
3-Year ROIIC %
=
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( 217.498248 (Nov. 2025) - (Nov. 2022) )
/
( 5853.331 (Nov. 2025) - (Nov. 2022) )
=
/
=
N/A%***
* 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.
Nippon Prologis REIT (NPONF) has a 3-Year ROIIC % of 3.22 as of Nov. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Nippon Prologis REIT and its competitors. This is 10% above median its historical median of 2.94. According to the industry distribution chart, Nippon Prologis REIT ranks #367 out of 695 companies in the REITs industry, placing it in the top 52.8%.
Is Nippon Prologis REIT's 3-Year ROIIC % too high?
Nippon Prologis REIT's current 3-Year ROIIC % of 3.22 is 10% above median its 10-year median of 2.94. The REITs industry median 3-Year ROIIC % is 3.52. Nippon Prologis REIT's value of 3.22 is 8.5% below this industry median. Based on the distribution chart, Nippon Prologis REIT ranks #367 out of 695 companies in the REITs industry, which is below the industry midpoint. Overall, Nippon Prologis REIT has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does Nippon Prologis REIT's 3-Year ROIIC % compare to PLD and PSA?
According to the REITs industry distribution chart, Nippon Prologis REIT ranks #367 out of 695 companies for 3-Year ROIIC %. This places Nippon Prologis REIT in the lower half of its industry. The industry median 3-Year ROIIC % is 3.52. Nippon Prologis REIT's value of 3.22 is 8.5% below this benchmark. While the company's 10-year median is 2.94 vs. the industry median of 3.52, Nippon Prologis REIT 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 3.52, 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. Nippon Prologis REIT's current 3-Year ROIIC % of 3.22 is 8.5% 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 Nippon Prologis REIT 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. Nippon Prologis REIT's current 3-Year ROIIC % is 3.22, which is 10% above median its own 10-year median of 2.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Prologis REIT stock overvalued right now?
Nippon Prologis REIT (NPONF) has a current 3-Year ROIIC % of 3.22. The stock's GF Value™ is $565.48, compared to a current price of $532.49 — trading 5.8% below its estimated fair value. The current 3-Year ROIIC % is 3.22, which is 10% above median its 10-year median of 2.94 and 8.5% below the REITs industry median of 3.52. Nippon Prologis REIT's overall GF Score™ is 71/100 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 Nippon Prologis REIT (NPONF), the current 3-Year ROIIC % is 3.22 as of Nov. 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 Nippon Prologis REIT (NPONF) Overvalued in 2026?
Based on GuruFocus' analysis, Nippon Prologis REIT stock appears to be undervalued.
The current stock price of $532.49 is trading 5.8% below its estimated GF Value™ of $565.48.
Key valuation signals for NPONF:
3-Year ROIIC %: 3.22 (10% above median its 10-year median of 2.94)
GF Value™: $565.48 vs. price of $532.49 (5.8% below fair value)
Industry Position: 8.5% below the REITs median (#367 of 695)
No single metric tells the full story. See the NPONF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nippon Prologis REIT Inc is focused on logistics facilities in Japan. Its investment objective is to maximize unit holder value through a portfolio that generates stable income and achieves steady growth. It invests in high quality Class-A logistics facilities, owning and operating them for medium- to long-term purposes.
71GF Score
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