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Land CoTSE:8918 +10.00%69 3-Year ROIIC % is 34.71 as of Feb. 2026, which is at its 10-year median of 34.71. GuruFocus rates TSE:8918 with a GF Score™ of 69/100 and a GF Value™ of 円5.87 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,663 Real Estate companies, Land Co ranks better than 89.54% 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.
Land Co's 3-Year ROIIC % for the quarter that ended in Feb. 2026 was 34.71%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Land Co's 3-Year ROIIC % or its related term are showing as below:
TSE:8918's 3-Year ROIIC % is ranked better than 89.54% of 1663
companies
in the Real Estate industry
Industry Median: 2.39
vs TSE:8918: 34.71
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.
Land Co 3-Year ROIIC % Related Terms
Land Co 3-Year ROIIC % Historical Data
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The historical data trend for Land Co'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 Real Estate - Diversified subindustry, Land Co'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.
Land Co 3-Year ROIIC % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Land Co's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Land Co's 3-Year ROIIC % falls into.
* 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.
Land Co (TSE:8918) has a 3-Year ROIIC % of 34.71 as of Feb. 2026. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Land Co and its competitors. This is near median its historical median of 34.71. According to the industry distribution chart, Land Co ranks #174 out of 1663 companies in the Real Estate industry, placing it in the top 10.5%.
Is Land Co's 3-Year ROIIC % too high?
Land Co's current 3-Year ROIIC % of 34.71 is near median its 10-year median of 34.71. The Real Estate industry median 3-Year ROIIC % is 2.39. Land Co's value of 34.71 is 1352.3% above this industry median. Based on the distribution chart, Land Co ranks #174 out of 1663 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Land Co has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Land Co's 3-Year ROIIC % compare to competitors?
According to the Real Estate industry distribution chart, Land Co ranks #174 out of 1663 companies for 3-Year ROIIC %. This places Land Co in the top 11% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 2.39. Land Co's value of 34.71 is 1352.3% above this benchmark. While the company's 10-year median is 34.71 vs. the industry median of 2.39, Land Co 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. Land Co's current 3-Year ROIIC % of 34.71 is 1352.3% 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 Land Co 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. Land Co's current 3-Year ROIIC % is 34.71, which is near median its own 10-year median of 34.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Land Co stock overvalued right now?
Based on GuruFocus' analysis, Land Co (TSE:8918) is currently considered Significantly Overvalued. The stock's GF Value™ is 円5.87, compared to a current price of 円11.00 — trading 87.4% above its estimated fair value. The current 3-Year ROIIC % is 34.71, which is near median its 10-year median of 34.71 and 1352.3% above the Real Estate industry median of 2.39. Land Co's overall GF Score™ is 69/100 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 Land Co (TSE:8918), the current 3-Year ROIIC % is 34.71 as of Feb. 2026. 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 Land Co (TSE:8918) Overvalued in 2026?
Based on GuruFocus' analysis, Land Co stock appears to be overvalued.
The current stock price of 円11.00 is trading 87.4% above its estimated GF Value™ of 円5.87.
GuruFocus considers Land Co to be Significantly Overvalued.
Key valuation signals for TSE:8918:
3-Year ROIIC %: 34.71 (near median its 10-year median of 34.71)
GF Value™: 円5.87 vs. price of 円11.00 (87.4% above fair value)
Industry Position: 1352.3% above the Real Estate median (#174 of 1663)
No single metric tells the full story. See the TSE:8918 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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