PICJF (NTT UD Reit Investment) 3-Year ROIIC % : -2.38% (As of Oct. 2025)


PICJF NTT UD Reit Investment Corp PICJF
62 GF Score
Price $892.43
GF Value $920.05
! 10 Warning Signs
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What is NTT UD Reit Investment 3-Year ROIIC %?

NTT UD Reit Investment PICJF 62 3-Year ROIIC % is -2.38 as of Oct. 2025. GuruFocus rates PICJF with a GF Score™ of 62/100 and a GF Value™ of $920.05. The stock has 10 warning signs investors should review. Among 695 REITs companies, NTT UD Reit Investment ranks worse than 78.42% 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. NTT UD Reit Investment's 3-Year ROIIC % for the quarter that ended in Oct. 2025 was -2.38%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for NTT UD Reit Investment's 3-Year ROIIC % or its related term are showing as below:

PICJF's 3-Year ROIIC % is ranked worse than
78.42% of 695 companies
in the REITs industry
Industry Median: 3.49 vs PICJF: -2.38

NTT UD Reit Investment  (OTCPK:PICJF) 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.


NTT UD Reit Investment 3-Year ROIIC % Related Terms


NTT UD Reit Investment 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for NTT UD Reit Investment'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.

NTT UD Reit Investment 3-Year ROIIC % Chart

NTT UD Reit Investment Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.42 9.00 11.31 -1.72 -2.38

NTT UD Reit Investment Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
3-Year ROIIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 -1.72 0.00 -2.38 0.00

PICJF vs VICI, WPC: 3-Year ROIIC % Comparison

For the REIT - Diversified subindustry, NTT UD Reit Investment'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.


NTT UD Reit Investment 3-Year ROIIC % vs REITs Industry

For the REITs industry and Real Estate sector, NTT UD Reit Investment's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where NTT UD Reit Investment's 3-Year ROIIC % falls into.


PICJF
62GF Score
NTT UD Reit Investment Corp PICJF
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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NTT UD Reit Investment 3-Year ROIIC % Calculation

NTT UD Reit Investment's 3-Year ROIIC % for the quarter that ended in Oct. 2025 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 64.5011892 (Oct. 2025) - 71.1636445 (Oct. 2022) )/( 1904.672 (Oct. 2025) - 1759.496 (Oct. 2022) )
=-6.6624553/145.176
=-4.59%***

* 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.

Frequently Asked Questions Learn more about 3-Year ROIIC % →
What does a 3-Year ROIIC % of -2.38 mean?
NTT UD Reit Investment (PICJF) has a 3-Year ROIIC % of -2.38 as of Oct. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on NTT UD Reit Investment and its competitors. According to the industry distribution chart, NTT UD Reit Investment ranks #545 out of 695 companies in the REITs industry, placing it in the top 78.4%.
Is NTT UD Reit Investment's 3-Year ROIIC % too high?
NTT UD Reit Investment's current 3-Year ROIIC % is -2.38. Based on the distribution chart, NTT UD Reit Investment ranks #545 out of 695 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, NTT UD Reit Investment has a GF Score™ of 62/100, reflecting its overall financial health beyond just this single metric.
How does NTT UD Reit Investment's 3-Year ROIIC % compare to VICI and WPC?
According to the REITs industry distribution chart, NTT UD Reit Investment ranks #545 out of 695 companies for 3-Year ROIIC %. This places NTT UD Reit Investment in the lower half of its industry. The industry median 3-Year ROIIC % is 3.49. 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 3.49, 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. 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 NTT UD Reit Investment and its competitors. For the REITs industry, the median 3-Year ROIIC % is 3.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NTT UD Reit Investment's current 3-Year ROIIC % is -2.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NTT UD Reit Investment stock overvalued right now?
NTT UD Reit Investment (PICJF) has a current 3-Year ROIIC % of -2.38. The stock's GF Value™ is $920.05, compared to a current price of $892.43 — trading 3% below its estimated fair value. The current 3-Year ROIIC % is -2.38. NTT UD Reit Investment's overall GF Score™ is 62/100 with 10 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 NTT UD Reit Investment (PICJF), the current 3-Year ROIIC % is -2.38 as of Oct. 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 NTT UD Reit Investment (PICJF) Overvalued in 2026?

Based on GuruFocus' analysis, NTT UD Reit Investment stock appears to be undervalued. The current stock price of $892.43 is trading 3% below its estimated GF Value™ of $920.05.

Key valuation signals for PICJF:

  • 3-Year ROIIC %: -2.38
  • GF Value™: $920.05 vs. price of $892.43 (3% below fair value)
  • GF Score™: 62/100 with 10 warning signs

No single metric tells the full story. See the PICJF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NTT UD Reit Investment Business Description

Industry Real EstateREITs
Other Exchanges 8956:Japan
Address 1-5-1 Otemachi, Chiyoda-ku, Tokyo, JPN
NTT UD Reit Investment Corp is a Japan-based real estate investment trust company. It is a J-REIT managing compound portfolio of office buildings and residential properties, with NTT Urban Development serving as the sponsor.
62GF Score

Get the complete analysis for PICJF

3-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$892.43
Price
$920.05
GF Value