Mori Hills Reit Investment (TSE:3234) 3-Year ROIIC % : 9.44% (As of Jul. 2025) — 123% Above Median

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TSE:3234 Mori Hills Reit Investment Corp TSE:3234
65 GF Score
Price 円126,800.00
GF Value 円142,774.06
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Mori Hills Reit Investment 3-Year ROIIC %?

Mori Hills Reit Investment TSE:3234 -1.01% 65 3-Year ROIIC % is 9.44 as of Jul. 2025, which is 123% above its 10-year median of 4.23. GuruFocus rates TSE:3234 with a GF Score™ of 65/100 and a GF Value™ of 円142,774.06 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 684 REITs companies, Mori Hills Reit Investment ranks better than 77.63% 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. Mori Hills Reit Investment's 3-Year ROIIC % for the quarter that ended in Jul. 2025 was 9.44%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

TSE:3234's 3-Year ROIIC % is ranked better than
77.63% of 684 companies
in the REITs industry
Industry Median: 3.64 vs TSE:3234: 9.44

Mori Hills Reit Investment  (TSE:3234) 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.


Mori Hills Reit Investment 3-Year ROIIC % Related Terms


Mori Hills Reit Investment 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Mori Hills 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.

Mori Hills Reit Investment 3-Year ROIIC % Chart

Mori Hills Reit Investment Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.45 35.29 12.90 -63.87 9.44

Mori Hills Reit Investment Semi-Annual Data
Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
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 -63.87 0.00 9.44 0.00

TSE:3234 vs VICI, WPC: 3-Year ROIIC % Comparison

For the REIT - Diversified subindustry, Mori Hills 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.


Mori Hills Reit Investment 3-Year ROIIC % vs REITs Industry

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

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


TSE:3234
65GF Score
Mori Hills Reit Investment Corp TSE:3234
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mori Hills Reit Investment 3-Year ROIIC % Calculation

Mori Hills Reit Investment'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**
=( 13563.6724971 (Jul. 2025) - 13069.2099483 (Jul. 2022) )/( 419287.393 (Jul. 2025) - 414049.617 (Jul. 2022) )
=494.4625488/5237.776
=9.44%***

* 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 9.44 mean?
Mori Hills Reit Investment (TSE:3234) has a 3-Year ROIIC % of 9.44 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 Mori Hills Reit Investment and its competitors. This is 123% above median its historical median of 4.23. According to the industry distribution chart, Mori Hills Reit Investment ranks #153 out of 684 companies in the REITs industry, placing it in the top 22.4%.
Is Mori Hills Reit Investment's 3-Year ROIIC % too high?
Mori Hills Reit Investment's current 3-Year ROIIC % of 9.44 is 123% above median its 10-year median of 4.23. The REITs industry median 3-Year ROIIC % is 3.64. Mori Hills Reit Investment's value of 9.44 is 159.3% above this industry median. Based on the distribution chart, Mori Hills Reit Investment ranks #153 out of 684 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Mori Hills Reit Investment has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mori Hills Reit Investment's 3-Year ROIIC % compare to VICI and WPC?
According to the REITs industry distribution chart, Mori Hills Reit Investment ranks #153 out of 684 companies for 3-Year ROIIC %. This places Mori Hills Reit Investment in the top 22% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 3.64. Mori Hills Reit Investment's value of 9.44 is 159.3% above this benchmark. While the company's 10-year median is 4.23 vs. the industry median of 3.64, Mori Hills Reit Investment 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 REITs company?
The median 3-Year ROIIC % among REITs companies is 3.64, 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. Mori Hills Reit Investment's current 3-Year ROIIC % of 9.44 is 159.3% 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 Mori Hills Reit Investment and its competitors. For the REITs industry, the median 3-Year ROIIC % is 3.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mori Hills Reit Investment's current 3-Year ROIIC % is 9.44, which is 123% above median its own 10-year median of 4.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mori Hills Reit Investment stock overvalued right now?
Based on GuruFocus' analysis, Mori Hills Reit Investment (TSE:3234) is currently considered Modestly Undervalued. The stock's GF Value™ is 円142,774.06, compared to a current price of 円126,800.00 — trading 11.2% below its estimated fair value. The current 3-Year ROIIC % is 9.44, which is 123% above median its 10-year median of 4.23 and 159.3% above the REITs industry median of 3.64. Mori Hills Reit Investment's overall GF Score™ is 65/100 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 Mori Hills Reit Investment (TSE:3234), the current 3-Year ROIIC % is 9.44 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 Mori Hills Reit Investment (TSE:3234) Overvalued in 2026?

Based on GuruFocus' analysis, Mori Hills Reit Investment stock appears to be undervalued. The current stock price of 円126,800.00 is trading 11.2% below its estimated GF Value™ of 円142,774.06. GuruFocus considers Mori Hills Reit Investment to be Modestly Undervalued.

Key valuation signals for TSE:3234:

  • 3-Year ROIIC %: 9.44 (123% above median its 10-year median of 4.23)
  • GF Value™: 円142,774.06 vs. price of 円126,800.00 (11.2% below fair value)
  • GF Score™: 65/100 with 3 warning signs
  • Industry Position: 159.3% above the REITs median (#153 of 684)

No single metric tells the full story. See the TSE:3234 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mori Hills Reit Investment Business Description

Industry Real EstateREITs
Address 1-12-32 Akasaka, ARK Mori Building, Minato-ku, Tokyo, JPN, 107-6011
Mori Hills Reit Investment Corp is engaged in real estate investment, leasing, and management. The firm's primary objective is to secure steady growth in its portfolio and to maximize unitholders' value by making selective investments that mainly target areas and real estate properties. The company's real estate portfolio, as of the end of the twenty-first fiscal period, was comprised of ten properties. The company owns real estate office buildings and residential and retail properties available for lease in Tokyo.
65GF Score

Get the complete analysis for TSE:3234

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

円126,800.00
Price
円142,774.06
GF Value