MIRARTH Real Estate Investment (TSE:3492) 3-Year ROIIC % : 3.46% (As of Aug. 2025) — 16% Above Median

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TSE:3492 MIRARTH Real Estate Investment Corp TSE:3492
52 GF Score
Price 円82,600.00
GF Value 円103,655.38
Valuation Modestly Undervalued
! 5 Warning Signs
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What is MIRARTH Real Estate Investment 3-Year ROIIC %?

MIRARTH Real Estate Investment TSE:3492 -1.55% 52 3-Year ROIIC % is 3.46 as of Aug. 2025, which is 16% above its 10-year median of 2.99. GuruFocus rates TSE:3492 with a GF Score™ of 52/100 and a GF Value™ of 円103,655.38 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 685 REITs companies, MIRARTH Real Estate Investment ranks worse than 50.95% 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. MIRARTH Real Estate Investment's 3-Year ROIIC % for the quarter that ended in Aug. 2025 was 3.46%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

TSE:3492's 3-Year ROIIC % is ranked worse than
50.95% of 685 companies
in the REITs industry
Industry Median: 3.65 vs TSE:3492: 3.46

MIRARTH Real Estate Investment  (TSE:3492) 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.


MIRARTH Real Estate Investment 3-Year ROIIC % Related Terms


MIRARTH Real Estate Investment 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for MIRARTH Real Estate 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.

MIRARTH Real Estate Investment 3-Year ROIIC % Chart

MIRARTH Real Estate Investment Annual Data
Trend Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
3-Year ROIIC %
Get a 7-Day Free Trial 11.69 2.99 1.64 1.83 3.46

MIRARTH Real Estate Investment Semi-Annual Data
Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 0.00 1.83 0.00 3.46 0.00

TSE:3492 vs VICI, WPC: 3-Year ROIIC % Comparison

For the REIT - Diversified subindustry, MIRARTH Real Estate 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.


MIRARTH Real Estate Investment 3-Year ROIIC % vs REITs Industry

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

* The bar in red indicates where MIRARTH Real Estate Investment's 3-Year ROIIC % falls into.


TSE:3492
52GF Score
MIRARTH Real Estate Investment Corp TSE:3492
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MIRARTH Real Estate Investment 3-Year ROIIC % Calculation

MIRARTH Real Estate Investment's 3-Year ROIIC % for the quarter that ended in Aug. 2025 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 6554.145348 (Aug. 2025) - 4156.463136 (Aug. 2022) )/( 192049.58 (Aug. 2025) - 122679.147 (Aug. 2022) )
=2397.682212/69370.433
=3.46%***

* 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 3.46 mean?
MIRARTH Real Estate Investment (TSE:3492) has a 3-Year ROIIC % of 3.46 as of Aug. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on MIRARTH Real Estate Investment and its competitors. This is 16% above median its historical median of 2.99. Over the past decade, MIRARTH Real Estate Investment's 3-Year ROIIC % has ranged from 1.64 to 11.69. According to the industry distribution chart, MIRARTH Real Estate Investment ranks #349 out of 685 companies in the REITs industry, placing it in the top 50.9%.
Is MIRARTH Real Estate Investment's 3-Year ROIIC % too high?
MIRARTH Real Estate Investment's current 3-Year ROIIC % of 3.46 is 16% above median its 10-year median of 2.99. Over the past 10 years, this metric has ranged from a low of 1.64 to a high of 11.69. The REITs industry median 3-Year ROIIC % is 3.65. MIRARTH Real Estate Investment's value of 3.46 is 5.2% below this industry median. Based on the distribution chart, MIRARTH Real Estate Investment ranks #349 out of 685 companies in the REITs industry, which is below the industry midpoint. Overall, MIRARTH Real Estate Investment has a GF Score™ of 52/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does MIRARTH Real Estate Investment's 3-Year ROIIC % compare to VICI and WPC?
According to the REITs industry distribution chart, MIRARTH Real Estate Investment ranks #349 out of 685 companies for 3-Year ROIIC %. This places MIRARTH Real Estate Investment in the lower half of its industry. The industry median 3-Year ROIIC % is 3.65. MIRARTH Real Estate Investment's value of 3.46 is 5.2% below this benchmark. Historically, MIRARTH Real Estate Investment's own 3-Year ROIIC % has ranged from 1.64 to 11.69 over the past decade. While the company's 10-year median is 2.99 vs. the industry median of 3.65, MIRARTH Real Estate Investment 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 3.65, based on 685 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. MIRARTH Real Estate Investment's current 3-Year ROIIC % of 3.46 is 5.2% 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 MIRARTH Real Estate Investment and its competitors. For the REITs industry, the median 3-Year ROIIC % is 3.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MIRARTH Real Estate Investment's current 3-Year ROIIC % is 3.46, which is 16% above median its own 10-year median of 2.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MIRARTH Real Estate Investment stock overvalued right now?
Based on GuruFocus' analysis, MIRARTH Real Estate Investment (TSE:3492) is currently considered Modestly Undervalued. The stock's GF Value™ is 円103,655.38, compared to a current price of 円82,600.00 — trading 20.3% below its estimated fair value. The current 3-Year ROIIC % is 3.46, which is 16% above median its 10-year median of 2.99 and 5.2% below the REITs industry median of 3.65. MIRARTH Real Estate Investment's overall GF Score™ is 52/100 with 5 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 MIRARTH Real Estate Investment (TSE:3492), the current 3-Year ROIIC % is 3.46 as of Aug. 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 MIRARTH Real Estate Investment (TSE:3492) Overvalued in 2026?

Based on GuruFocus' analysis, MIRARTH Real Estate Investment stock appears to be undervalued. The current stock price of 円82,600.00 is trading 20.3% below its estimated GF Value™ of 円103,655.38. GuruFocus considers MIRARTH Real Estate Investment to be Modestly Undervalued.

Key valuation signals for TSE:3492:

  • 3-Year ROIIC %: 3.46 (16% above median its 10-year median of 2.99)
  • GF Value™: 円103,655.38 vs. price of 円82,600.00 (20.3% below fair value)
  • GF Score™: 52/100 with 5 warning signs
  • Industry Position: 5.2% below the REITs median (#349 of 685)

No single metric tells the full story. See the TSE:3492 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MIRARTH Real Estate Investment Business Description

Industry Real EstateREITs
Address 2-2-1 Otemachi, Shin-Otemachi Building, 3rd Floor, Chiyoda-ku, Tokyo, JPN, 107-0052
MIRARTH Real Estate Investment Corp is a J-REIT that invests in residential properties, as well as office buildings, retail facilities, hotels, and other properties. It aims to build a diverse, comprehensive portfolio consisting of residential, office, hotel, commercial, and other properties by maximizing the strengths of each sponsor company through property development, property revitalization, and flexible property acquisition in the external real estate market.
52GF Score

Get the complete analysis for TSE:3492

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

円82,600.00
Price
円103,655.38
GF Value