Fukuoka REIT (TSE:8968) 3-Year ROIIC % : 7.16% (As of Aug. 2024) — 73% Above Median

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TSE:8968 Fukuoka REIT Corp TSE:8968
64 GF Score
Price 円179,800.00
GF Value 円176,723.38
Valuation Fairly Valued
! 8 Warning Signs
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What is Fukuoka REIT 3-Year ROIIC %?

Fukuoka REIT TSE:8968 +0.33% 64 3-Year ROIIC % is 7.16 as of Aug. 2024, which is 73% above its 10-year median of 4.14. GuruFocus rates TSE:8968 with a GF Score™ of 64/100 and a GF Value™ of 円176,723.38 (Fairly Valued). The stock has 8 warning signs investors should review. Among 691 REITs companies, Fukuoka REIT ranks better than 70.62% 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. Fukuoka REIT's 3-Year ROIIC % for the quarter that ended in Aug. 2024 was 7.16%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

TSE:8968's 3-Year ROIIC % is ranked better than
70.62% of 691 companies
in the REITs industry
Industry Median: 3.63 vs TSE:8968: 7.16

Fukuoka REIT  (TSE:8968) 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.


Fukuoka REIT 3-Year ROIIC % Related Terms


Fukuoka REIT 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Fukuoka 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.

Fukuoka REIT 3-Year ROIIC % Chart

Fukuoka REIT Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -9.16 1.09 -3.91 8.24 7.16

Fukuoka REIT Semi-Annual Data
Aug16 Feb17 Aug17 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 Premium Member Only Premium Member Only Premium Member Only 0.00 7.16 0.00 8.30 0.00

TSE:8968 vs VICI, WPC: 3-Year ROIIC % Comparison

For the REIT - Diversified subindustry, Fukuoka 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.


Fukuoka REIT 3-Year ROIIC % vs REITs Industry

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

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


TSE:8968
64GF Score
Fukuoka REIT Corp TSE:8968
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fukuoka REIT 3-Year ROIIC % Calculation

Fukuoka REIT's 3-Year ROIIC % for the quarter that ended in Aug. 2024 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 7322.9949136 (Aug. 2024) - 6263.54666 (Aug. 2021) )/( 211160.655 (Aug. 2024) - 196361.983 (Aug. 2021) )
=1059.4482536/14798.672
=7.16%***

* 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 7.16 mean?
Fukuoka REIT (TSE:8968) has a 3-Year ROIIC % of 7.16 as of Aug. 2024. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Fukuoka REIT and its competitors. This is 73% above median its historical median of 4.14. According to the industry distribution chart, Fukuoka REIT ranks #203 out of 691 companies in the REITs industry, placing it in the top 29.4%.
Is Fukuoka REIT's 3-Year ROIIC % too high?
Fukuoka REIT's current 3-Year ROIIC % of 7.16 is 73% above median its 10-year median of 4.14. The REITs industry median 3-Year ROIIC % is 3.63. Fukuoka REIT's value of 7.16 is 97.2% above this industry median. Based on the distribution chart, Fukuoka REIT ranks #203 out of 691 companies in the REITs industry, which is above the industry midpoint. Overall, Fukuoka REIT has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Fukuoka REIT's 3-Year ROIIC % compare to VICI and WPC?
According to the REITs industry distribution chart, Fukuoka REIT ranks #203 out of 691 companies for 3-Year ROIIC %. This puts Fukuoka REIT in the upper half of its industry. The industry median 3-Year ROIIC % is 3.63. Fukuoka REIT's value of 7.16 is 97.2% above this benchmark. While the company's 10-year median is 4.14 vs. the industry median of 3.63, Fukuoka REIT 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 3.63, based on 691 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. Fukuoka REIT's current 3-Year ROIIC % of 7.16 is 97.2% 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 Fukuoka REIT and its competitors. For the REITs industry, the median 3-Year ROIIC % is 3.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fukuoka REIT's current 3-Year ROIIC % is 7.16, which is 73% above median its own 10-year median of 4.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fukuoka REIT stock overvalued right now?
Based on GuruFocus' analysis, Fukuoka REIT (TSE:8968) is currently considered Fairly Valued. The stock's GF Value™ is 円176,723.38, compared to a current price of 円179,800.00 — trading 1.7% above its estimated fair value. The current 3-Year ROIIC % is 7.16, which is 73% above median its 10-year median of 4.14 and 97.2% above the REITs industry median of 3.63. Fukuoka REIT's overall GF Score™ is 64/100 with 8 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 Fukuoka REIT (TSE:8968), the current 3-Year ROIIC % is 7.16 as of Aug. 2024. 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 Fukuoka REIT (TSE:8968) Overvalued in 2026?

Based on GuruFocus' analysis, Fukuoka REIT stock appears to be overvalued. The current stock price of 円179,800.00 is trading 1.7% above its estimated GF Value™ of 円176,723.38. GuruFocus considers Fukuoka REIT to be Fairly Valued.

Key valuation signals for TSE:8968:

  • 3-Year ROIIC %: 7.16 (73% above median its 10-year median of 4.14)
  • GF Value™: 円176,723.38 vs. price of 円179,800.00 (1.7% above fair value)
  • GF Score™: 64/100 with 8 warning signs
  • Industry Position: 97.2% above the REITs median (#203 of 691)

No single metric tells the full story. See the TSE:8968 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fukuoka REIT Business Description

Industry Real EstateREITs
Address 1-2-25 Sumiyoshi, Hakata, Fukuoka, JPN, 812-0018
Fukuoka REIT Corp is an REIT based in Japan. The company manages a portfolio with a focus on entertainment retail facilities and office buildings in the Fukuoka metropolitan area and other neighbouring areas in the Kyushu region. Fukuoka REIT's asset manager, Fukuoka Realty, provides real estate management, acquisition, arrangement of new property, fundraising, and other operations under contracts. The firm diversifies in retail, office buildings, and other types of property, including residences, hotels, logistics facilities, and public and other facilities. Retail property represents more than half of the portfolio assets.
64GF Score

Get the complete analysis for TSE:8968

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

円179,800.00
Price
円176,723.38
GF Value