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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.
Musharaka REIT's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 5.01%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Musharaka REIT's 3-Year ROIIC % or its related term are showing as below:
SAU:4335's 3-Year ROIIC % is ranked better than 59.65% of 684
companies
in the REITs industry
Industry Median: 3.61
vs SAU:4335: 5.01
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.
Musharaka REIT 3-Year ROIIC % Related Terms
Musharaka REIT 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Musharaka 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 - Diversified subindustry, Musharaka 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.
Musharaka REIT 3-Year ROIIC % vs REITs Industry
For the REITs industry and Real Estate sector, Musharaka REIT's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Musharaka REIT's 3-Year ROIIC % falls into.
Musharaka REIT'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**
=
( 20.969 (Dec. 2025) - 37.427 (Dec. 2022) )
/
( 1405.902 (Dec. 2025) - 1734.332 (Dec. 2022) )
=
-16.458
/
-328.43
=
5.01%***
* 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.
Musharaka REIT (SAU:4335) has a 3-Year ROIIC % of 5.01 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 Musharaka REIT and its competitors. According to the industry distribution chart, Musharaka REIT ranks #276 out of 684 companies in the REITs industry, placing it in the top 40.4%.
Is Musharaka REIT's 3-Year ROIIC % too high?
Musharaka REIT's current 3-Year ROIIC % is 5.01. The REITs industry median 3-Year ROIIC % is 3.61. Musharaka REIT's value of 5.01 is 38.8% above this industry median. Based on the distribution chart, Musharaka REIT ranks #276 out of 684 companies in the REITs industry, which is above the industry midpoint. Overall, Musharaka REIT has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Musharaka REIT's 3-Year ROIIC % compare to VICI and WPC?
According to the REITs industry distribution chart, Musharaka REIT ranks #276 out of 684 companies for 3-Year ROIIC %. This puts Musharaka REIT in the upper half of its industry. The industry median 3-Year ROIIC % is 3.61. Musharaka REIT's value of 5.01 is 38.8% above this benchmark. 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 3.61, 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. Musharaka REIT's current 3-Year ROIIC % of 5.01 is 38.8% 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 Musharaka REIT and its competitors. For the REITs industry, the median 3-Year ROIIC % is 3.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Musharaka REIT's current 3-Year ROIIC % is 5.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Musharaka REIT stock overvalued right now?
Based on GuruFocus' analysis, Musharaka REIT (SAU:4335) is currently considered Modestly Undervalued. The stock's GF Value™ is ﷼4.37, compared to a current price of ﷼3.47 — trading 20.6% below its estimated fair value. The current 3-Year ROIIC % is 5.01 and 38.8% above the REITs industry median of 3.61. Musharaka REIT's overall GF Score™ is 61/100 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 Musharaka REIT (SAU:4335), the current 3-Year ROIIC % is 5.01 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 Musharaka REIT (SAU:4335) Overvalued in 2026?
Based on GuruFocus' analysis, Musharaka REIT stock appears to be undervalued.
The current stock price of ﷼3.47 is trading 20.6% below its estimated GF Value™ of ﷼4.37.
GuruFocus considers Musharaka REIT to be Modestly Undervalued.
Key valuation signals for SAU:4335:
3-Year ROIIC %: 5.01
GF Value™: ﷼4.37 vs. price of ﷼3.47 (20.6% below fair value)
Industry Position: 38.8% above the REITs median (#276 of 684)
No single metric tells the full story. See the SAU:4335 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Musharaka REIT is a closed-end real estate investment fund. Its investment objective is to invest in developing properties that are qualified to generate periodic rental income, while its dividend policy is to distribute at least 90 percent of the Fund's net profit as cash dividends to the unit holders annually. The fund invests in residential, commercial, industrial, and hospitality real estate assets located across different cities in Saudi Arabia.
61GF Score
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3-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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