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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.
IGB Real Estate Investment Trust's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 3.09%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
XKLS:5227's 3-Year ROIIC % is ranked worse than 53.61% of 692
companies
in the REITs industry
Industry Median: 3.61
vs XKLS:5227: 3.09
IGB Real Estate Investment Trust (XKLS:5227) 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.
IGB Real Estate Investment Trust 3-Year ROIIC % Related Terms
IGB Real Estate Investment Trust 3-Year ROIIC % Historical Data
* 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.
IGB Real Estate Investment Trust 3-Year ROIIC % Chart
XKLS:5227 vs SPG, O, KIM: 3-Year ROIIC % Comparison
For the REIT - Retail subindustry, IGB Real Estate Investment Trust'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.
IGB Real Estate Investment Trust 3-Year ROIIC % vs REITs Industry
For the REITs industry and Real Estate sector, IGB Real Estate Investment Trust's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where IGB Real Estate Investment Trust's 3-Year ROIIC % falls into.
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( 485.802 (Dec. 2025) - 381.917 (Dec. 2022) )
/
( 8407.104 (Dec. 2025) - 5048.338 (Dec. 2022) )
=
103.885
/
3358.766
=
3.09%***
* 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.
IGB Real Estate Investment Trust (XKLS:5227) has a 3-Year ROIIC % of 3.09 as of Dec. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on IGB Real Estate Investment Trust and its competitors. This is 93% below median its historical median of 43.91. According to the industry distribution chart, IGB Real Estate Investment Trust ranks #371 out of 692 companies in the REITs industry, placing it in the top 53.6%.
Is IGB Real Estate Investment Trust's 3-Year ROIIC % too high?
IGB Real Estate Investment Trust's current 3-Year ROIIC % of 3.09 is 93% below median its 10-year median of 43.91. The REITs industry median 3-Year ROIIC % is 3.61. IGB Real Estate Investment Trust's value of 3.09 is 14.4% below this industry median. Based on the distribution chart, IGB Real Estate Investment Trust ranks #371 out of 692 companies in the REITs industry, which is below the industry midpoint. Overall, IGB Real Estate Investment Trust has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does IGB Real Estate Investment Trust's 3-Year ROIIC % compare to SPG and O?
According to the REITs industry distribution chart, IGB Real Estate Investment Trust ranks #371 out of 692 companies for 3-Year ROIIC %. This places IGB Real Estate Investment Trust in the lower half of its industry. The industry median 3-Year ROIIC % is 3.61. IGB Real Estate Investment Trust's value of 3.09 is 14.4% below this benchmark. While the company's 10-year median is 43.91 vs. the industry median of 3.61, IGB Real Estate Investment Trust 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 3.61, based on 692 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. IGB Real Estate Investment Trust's current 3-Year ROIIC % of 3.09 is 14.4% 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 IGB Real Estate Investment Trust and its competitors. For the REITs industry, the median 3-Year ROIIC % is 3.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IGB Real Estate Investment Trust's current 3-Year ROIIC % is 3.09, which is 93% below median its own 10-year median of 43.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IGB Real Estate Investment Trust stock overvalued right now?
Based on GuruFocus' analysis, IGB Real Estate Investment Trust (XKLS:5227) is currently considered Fairly Valued. The stock's GF Value™ is RM2.64, compared to a current price of RM2.72 — trading 3% above its estimated fair value. The current 3-Year ROIIC % is 3.09, which is 93% below median its 10-year median of 43.91 and 14.4% below the REITs industry median of 3.61. IGB Real Estate Investment Trust's overall GF Score™ is 87/100 with 2 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 IGB Real Estate Investment Trust (XKLS:5227), the current 3-Year ROIIC % is 3.09 as of Dec. 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 IGB Real Estate Investment Trust (XKLS:5227) Overvalued in 2026?
Based on GuruFocus' analysis, IGB Real Estate Investment Trust stock appears to be overvalued.
The current stock price of RM2.72 is trading 3% above its estimated GF Value™ of RM2.64.
GuruFocus considers IGB Real Estate Investment Trust to be Fairly Valued.
Key valuation signals for XKLS:5227:
3-Year ROIIC %: 3.09 (93% below median its 10-year median of 43.91)
GF Value™: RM2.64 vs. price of RM2.72 (3% above fair value)
Industry Position: 14.4% below the REITs median (#371 of 692)
No single metric tells the full story. See the XKLS:5227 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
IGB Real Estate Investment Trust Business Description
IGB Real Estate Investment Trust is a Malaysian retail property investment company. The company's portfolio includes retail properties and mixed-use developments which have a retail component. Properties are located both domestically and internationally. The company has two retail malls in its portfolio: MVM, which is the Mid Valley Megamall; and TGM, which refers to the Gardens Mall. MVM delivers more than twice as much revenue as TGM. The trust generates the majority of revenue from leasing its properties, in addition to service and promotional charges from tenants.
87GF Score
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