Landnet (TSE:2991) 3-Year ROIIC % : 8.32% (As of Jul. 2025) — 41% Above Median

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TSE:2991 Landnet Inc TSE:2991
72 GF Score
Price 円558.00
GF Value 円436.61
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Landnet 3-Year ROIIC %?

Landnet TSE:2991 -0.36% 72 3-Year ROIIC % is 8.32 as of Jul. 2025, which is 41% above its 10-year median of 5.90. GuruFocus rates TSE:2991 with a GF Score™ of 72/100 and a GF Value™ of 円436.61 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,663 Real Estate companies, Landnet ranks better than 71.32% 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. Landnet's 3-Year ROIIC % for the quarter that ended in Jul. 2025 was 8.32%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

TSE:2991's 3-Year ROIIC % is ranked better than
71.32% of 1663 companies
in the Real Estate industry
Industry Median: 2.39 vs TSE:2991: 8.32

Landnet  (TSE:2991) 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.


Landnet 3-Year ROIIC % Related Terms


Landnet 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Landnet'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.

Landnet 3-Year ROIIC % Chart

Landnet Annual Data
Trend Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
3-Year ROIIC %
Get a 7-Day Free Trial 0.00 4.01 4.12 7.68 8.32

Landnet Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Jan25 Apr25 Jul25 Oct25 Jan26 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 8.32 0.00 0.00 0.00

TSE:2991 vs CBRE, BEKE, JLL: 3-Year ROIIC % Comparison

For the Real Estate Services subindustry, Landnet'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.


Landnet 3-Year ROIIC % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Landnet's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Landnet's 3-Year ROIIC % falls into.


TSE:2991
72GF Score
Landnet Inc TSE:2991
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Landnet 3-Year ROIIC % Calculation

Landnet's 3-Year ROIIC % for the quarter that ended in Jul. 2025 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 2504.0413728 (Jul. 2025) - 1004.2483374 (Jul. 2022) )/( 28350.895 (Jul. 2025) - 10334.567 (Jul. 2022) )
=1499.7930354/18016.328
=8.32%***

* 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 8.32 mean?
Landnet (TSE:2991) has a 3-Year ROIIC % of 8.32 as of Jul. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Landnet and its competitors. This is 41% above median its historical median of 5.90. Over the past decade, Landnet's 3-Year ROIIC % has ranged from 4.01 to 8.32. According to the industry distribution chart, Landnet ranks #477 out of 1663 companies in the Real Estate industry, placing it in the top 28.7%.
Is Landnet's 3-Year ROIIC % too high?
Landnet's current 3-Year ROIIC % of 8.32 is 41% above median its 10-year median of 5.90. Over the past 10 years, this metric has ranged from a low of 4.01 to a high of 8.32. The Real Estate industry median 3-Year ROIIC % is 2.39. Landnet's value of 8.32 is 248.1% above this industry median. Based on the distribution chart, Landnet ranks #477 out of 1663 companies in the Real Estate industry, which is above the industry midpoint. Overall, Landnet has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Landnet's 3-Year ROIIC % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Landnet ranks #477 out of 1663 companies for 3-Year ROIIC %. This puts Landnet in the upper half of its industry. The industry median 3-Year ROIIC % is 2.39. Landnet's value of 8.32 is 248.1% above this benchmark. Historically, Landnet's own 3-Year ROIIC % has ranged from 4.01 to 8.32 over the past decade. While the company's 10-year median is 5.90 vs. the industry median of 2.39, Landnet has consistently been above 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 Real Estate company?
The median 3-Year ROIIC % among Real Estate companies is 2.39, based on 1,663 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. Landnet's current 3-Year ROIIC % of 8.32 is 248.1% 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 Landnet and its competitors. For the Real Estate industry, the median 3-Year ROIIC % is 2.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Landnet's current 3-Year ROIIC % is 8.32, which is 41% above median its own 10-year median of 5.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Landnet stock overvalued right now?
Based on GuruFocus' analysis, Landnet (TSE:2991) is currently considered Modestly Overvalued. The stock's GF Value™ is 円436.61, compared to a current price of 円558.00 — trading 27.8% above its estimated fair value. The current 3-Year ROIIC % is 8.32, which is 41% above median its 10-year median of 5.90 and 248.1% above the Real Estate industry median of 2.39. Landnet's overall GF Score™ is 72/100 with 3 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 Landnet (TSE:2991), the current 3-Year ROIIC % is 8.32 as of Jul. 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 Landnet (TSE:2991) Overvalued in 2026?

Based on GuruFocus' analysis, Landnet stock appears to be overvalued. The current stock price of 円558.00 is trading 27.8% above its estimated GF Value™ of 円436.61. GuruFocus considers Landnet to be Modestly Overvalued.

Key valuation signals for TSE:2991:

  • 3-Year ROIIC %: 8.32 (41% above median its 10-year median of 5.90)
  • GF Value™: 円436.61 vs. price of 円558.00 (27.8% above fair value)
  • GF Score™: 72/100 with 3 warning signs
  • Industry Position: 248.1% above the Real Estate median (#477 of 1663)

No single metric tells the full story. See the TSE:2991 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Landnet Business Description

Address 1-16-15 Minami-Ikebukuro, 7th Floor, Diamond Gate Ikebukuro, Toshima-ku, Tokyo, JPN, 171-0022
Landnet Inc is involved in buying and selling used real estate, remodeling and renovating properties after purchase, brokerage, and managing rental properties. Its reportable segments are the real estate buying and selling business and the real estate rental management business. The majority of its revenue comes from the real estate trading business, which includes purchasing and selling properties, real estate brokerage, and remodeling and renovation activities.
72GF Score

Get the complete analysis for TSE:2991

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

円558.00
Price
円436.61
GF Value