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Norstar HoldingsXTAE:NSTR +1.22%60 3-Year ROIIC % is 3.52 as of Dec. 2025, which is 11% above its 10-year median of 3.16. GuruFocus rates XTAE:NSTR with a GF Score™ of 60/100 and a GF Value™ of ₪7.45 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,665 Real Estate companies, Norstar Holdings ranks better than 54.89% 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.
Norstar Holdings's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 3.52%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Norstar Holdings's 3-Year ROIIC % or its related term are showing as below:
XTAE:NSTR's 3-Year ROIIC % is ranked better than 54.89% of 1665
companies
in the Real Estate industry
Industry Median: 2.27
vs XTAE:NSTR: 3.52
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.
Norstar Holdings 3-Year ROIIC % Related Terms
Norstar Holdings 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Norstar Holdings'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.
XTAE:NSTR vs CBRE, BEKE, JLL: 3-Year ROIIC % Comparison
For the Real Estate Services subindustry, Norstar Holdings'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.
Norstar Holdings 3-Year ROIIC % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Norstar Holdings's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Norstar Holdings's 3-Year ROIIC % falls into.
Norstar Holdings's 3-Year ROIIC % for the quarter that ended in Dec. 2025 is calculated as:
3-Year ROIIC %
=
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( 692.085 (Dec. 2025) - 974.04 (Dec. 2022) )
/
( 31764 (Dec. 2025) - 39777 (Dec. 2022) )
=
-281.955
/
-8013
=
3.52%***
* 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.
Norstar Holdings (XTAE:NSTR) has a 3-Year ROIIC % of 3.52 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 Norstar Holdings and its competitors. This is 11% above median its historical median of 3.16. According to the industry distribution chart, Norstar Holdings ranks #751 out of 1665 companies in the Real Estate industry, placing it in the top 45.1%.
Is Norstar Holdings' 3-Year ROIIC % too high?
Norstar Holdings' current 3-Year ROIIC % of 3.52 is 11% above median its 10-year median of 3.16. The Real Estate industry median 3-Year ROIIC % is 2.27. Norstar Holdings' value of 3.52 is 55.1% above this industry median. Based on the distribution chart, Norstar Holdings ranks #751 out of 1665 companies in the Real Estate industry, which is above the industry midpoint. Overall, Norstar Holdings has a GF Score™ of 60/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Norstar Holdings' 3-Year ROIIC % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Norstar Holdings ranks #751 out of 1665 companies for 3-Year ROIIC %. This puts Norstar Holdings in the upper half of its industry. The industry median 3-Year ROIIC % is 2.27. Norstar Holdings' value of 3.52 is 55.1% above this benchmark. While the company's 10-year median is 3.16 vs. the industry median of 2.27, Norstar Holdings 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 2.27, based on 1,665 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. Norstar Holdings's current 3-Year ROIIC % of 3.52 is 55.1% 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 Norstar Holdings and its competitors. For the Real Estate industry, the median 3-Year ROIIC % is 2.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Norstar Holdings's current 3-Year ROIIC % is 3.52, which is 11% above median its own 10-year median of 3.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Norstar Holdings stock overvalued right now?
Based on GuruFocus' analysis, Norstar Holdings (XTAE:NSTR) is currently considered Fairly Valued. The stock's GF Value™ is ₪7.45, compared to a current price of ₪7.36 — trading 1.2% below its estimated fair value. The current 3-Year ROIIC % is 3.52, which is 11% above median its 10-year median of 3.16 and 55.1% above the Real Estate industry median of 2.27. Norstar Holdings' overall GF Score™ is 60/100 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 Norstar Holdings (XTAE:NSTR), the current 3-Year ROIIC % is 3.52 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 Norstar Holdings (XTAE:NSTR) Overvalued in 2026?
Based on GuruFocus' analysis, Norstar Holdings stock appears to be undervalued.
The current stock price of ₪7.36 is trading 1.2% below its estimated GF Value™ of ₪7.45.
GuruFocus considers Norstar Holdings to be Fairly Valued.
Key valuation signals for XTAE:NSTR:
3-Year ROIIC %: 3.52 (11% above median its 10-year median of 3.16)
GF Value™: ₪7.45 vs. price of ₪7.36 (1.2% below fair value)
Industry Position: 55.1% above the Real Estate median (#751 of 1665)
No single metric tells the full story. See the XTAE:NSTR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Norstar Holdings Inc is a multinational real estate holdings company based in Israel. The company is the major shareholder of Gazit Globe, a multi-national real estate investment company that acquires, develops, and manages supermarket anchored shopping centers. The company operates through a variety of subsidiaries: in the United States through Equity One Inc., Royal Senior Care LLC, and ProMed Properties Inc.; in Canada through First Capital Realty Inc.; and in Europe through Citycon Oyj. In the United States the company focuses on projects in the senior housing and the medical office building sectors in North America.
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