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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.
Novavest Real Estate AG's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 2.36%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Novavest Real Estate AG's 3-Year ROIIC % or its related term are showing as below:
XSWX:NREN's 3-Year ROIIC % is ranked better than 50.03% of 1663
companies
in the Real Estate industry
Industry Median: 2.36
vs XSWX:NREN: 2.36
Novavest Real Estate AG (XSWX:NREN) 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.
Novavest Real Estate AG 3-Year ROIIC % Related Terms
Novavest Real Estate AG 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.
Novavest Real Estate AG 3-Year ROIIC % Competitor Comparison
For the Real Estate - Diversified subindustry, Novavest Real Estate AG'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.
Novavest Real Estate AG 3-Year ROIIC % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Novavest Real Estate AG's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Novavest Real Estate AG'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.
Novavest Real Estate AG (XSWX:NREN) has a 3-Year ROIIC % of 2.36 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 Novavest Real Estate AG and its competitors. This is 18% above median its historical median of 2.00. Over the past decade, Novavest Real Estate AG's 3-Year ROIIC % has ranged from 1.52 to 2.85. According to the industry distribution chart, Novavest Real Estate AG ranks #831 out of 1663 companies in the Real Estate industry, placing it in the top 50%.
Is Novavest Real Estate AG's 3-Year ROIIC % too high?
Novavest Real Estate AG's current 3-Year ROIIC % of 2.36 is 18% above median its 10-year median of 2.00. Over the past 10 years, this metric has ranged from a low of 1.52 to a high of 2.85. The Real Estate industry median 3-Year ROIIC % is 2.36. Novavest Real Estate AG's value of 2.36 is 0% at this industry median. Based on the distribution chart, Novavest Real Estate AG ranks #831 out of 1663 companies in the Real Estate industry, which is above the industry midpoint. Overall, Novavest Real Estate AG has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Novavest Real Estate AG's 3-Year ROIIC % compare to competitors?
According to the Real Estate industry distribution chart, Novavest Real Estate AG ranks #831 out of 1663 companies for 3-Year ROIIC %. This puts Novavest Real Estate AG in the upper half of its industry. The industry median 3-Year ROIIC % is 2.36. Novavest Real Estate AG's value of 2.36 is 0% at this benchmark. Historically, Novavest Real Estate AG's own 3-Year ROIIC % has ranged from 1.52 to 2.85 over the past decade. While the company's 10-year median is 2.00 vs. the industry median of 2.36, Novavest Real Estate AG has consistently been at 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 2.36, 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. Novavest Real Estate AG's current 3-Year ROIIC % of 2.36 is 0% at 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 Novavest Real Estate AG and its competitors. For the Real Estate industry, the median 3-Year ROIIC % is 2.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Novavest Real Estate AG's current 3-Year ROIIC % is 2.36, which is 18% above median its own 10-year median of 2.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Novavest Real Estate AG stock overvalued right now?
Based on GuruFocus' analysis, Novavest Real Estate AG (XSWX:NREN) is currently considered Fairly Valued. The stock's GF Value™ is CHF42.80, compared to a current price of CHF39.20 — trading 8.4% below its estimated fair value. The current 3-Year ROIIC % is 2.36, which is 18% above median its 10-year median of 2.00 and 0% at the Real Estate industry median of 2.36. Novavest Real Estate AG's overall GF Score™ is 63/100 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 Novavest Real Estate AG (XSWX:NREN), the current 3-Year ROIIC % is 2.36 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 Novavest Real Estate AG (XSWX:NREN) Overvalued in 2026?
Based on GuruFocus' analysis, Novavest Real Estate AG stock appears to be undervalued.
The current stock price of CHF39.20 is trading 8.4% below its estimated GF Value™ of CHF42.80.
GuruFocus considers Novavest Real Estate AG to be Fairly Valued.
Key valuation signals for XSWX:NREN:
3-Year ROIIC %: 2.36 (18% above median its 10-year median of 2.00)
GF Value™: CHF42.80 vs. price of CHF39.20 (8.4% below fair value)
Industry Position: 0% at the Real Estate median (#831 of 1663)
No single metric tells the full story. See the XSWX:NREN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Novavest Real Estate AG is a Swiss real estate company. It is engaged in construction, acquisition, sale, holding, conversion and management of all types of real estate in theSwitzerland. The company manages and develops properties for residential use, office and commercial use as well as on new construction projects.
63GF Score
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