Daiwa House REIT Investment (TSE:8984) 5-Year ROIIC % : 12.74% (As of Aug. 2025)

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TSE:8984 Daiwa House REIT Investment Corp TSE:8984
63 GF Score
Price 円120,100.00
GF Value 円138,840.90
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Daiwa House REIT Investment 5-Year ROIIC %?

Daiwa House REIT Investment TSE:8984 -0.33% 63 5-Year ROIIC % is 12.74 as of Aug. 2025. GuruFocus rates TSE:8984 with a GF Score™ of 63/100 and a GF Value™ of 円138,840.90 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 624 REITs companies, Daiwa House REIT Investment ranks better than 83.49% on this metric.

5-Year Return on Invested Incremental Capital (5-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 5-year. Daiwa House REIT Investment's 5-Year ROIIC % for the quarter that ended in Aug. 2025 was 12.74%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Daiwa House REIT Investment's 5-Year ROIIC % or its related term are showing as below:

TSE:8984's 5-Year ROIIC % is ranked better than
83.49% of 624 companies
in the REITs industry
Industry Median: 4.08 vs TSE:8984: 12.74

Daiwa House REIT Investment  (TSE:8984) 5-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.


Daiwa House REIT Investment 5-Year ROIIC % Related Terms


Daiwa House REIT Investment 5-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Daiwa House REIT Investment's 5-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.

Daiwa House REIT Investment 5-Year ROIIC % Chart

Daiwa House REIT Investment Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
5-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.09 3.47 4.03 4.72 12.74

Daiwa House REIT Investment Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
5-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 4.72 0.00 12.74 0.00

TSE:8984 vs VICI, WPC: 5-Year ROIIC % Comparison

For the REIT - Diversified subindustry, Daiwa House REIT Investment's 5-Year ROIIC %, along with its competitors' market caps and 5-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.


Daiwa House REIT Investment 5-Year ROIIC % vs REITs Industry

For the REITs industry and Real Estate sector, Daiwa House REIT Investment's 5-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Daiwa House REIT Investment's 5-Year ROIIC % falls into.


TSE:8984
63GF Score
Daiwa House REIT Investment Corp TSE:8984
5-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Daiwa House REIT Investment 5-Year ROIIC % Calculation

Daiwa House REIT Investment's 5-Year ROIIC % for the quarter that ended in Aug. 2025 is calculated as:

5-Year ROIIC %=5-Year Incremental Net Operating Profit After Taxes (NOPAT)**/5-Year Incremental Invested Capital**
=( 31985.5061295 (Aug. 2025) - 22131.6476139 (Aug. 2020) )/( 957813.183 (Aug. 2025) - 880463.149 (Aug. 2020) )
=9853.8585156/77350.034
=12.74%***

* 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 5-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 5-Year ROIIC % →
What does a 5-Year ROIIC % of 12.74 mean?
Daiwa House REIT Investment (TSE:8984) has a 5-Year ROIIC % of 12.74 as of Aug. 2025. 5-Year ROIIC % measures the change in earnings as a percentage of change in investment over 5-year. View historical data on Daiwa House REIT Investment and its competitors. According to the industry distribution chart, Daiwa House REIT Investment ranks #103 out of 624 companies in the REITs industry, placing it in the top 16.5%.
Is Daiwa House REIT Investment's 5-Year ROIIC % too high?
Daiwa House REIT Investment's current 5-Year ROIIC % is 12.74. The REITs industry median 5-Year ROIIC % is 4.08. Daiwa House REIT Investment's value of 12.74 is 212.3% above this industry median. Based on the distribution chart, Daiwa House REIT Investment ranks #103 out of 624 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Daiwa House REIT Investment has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Daiwa House REIT Investment's 5-Year ROIIC % compare to VICI and WPC?
According to the REITs industry distribution chart, Daiwa House REIT Investment ranks #103 out of 624 companies for 5-Year ROIIC %. This places Daiwa House REIT Investment in the top 17% of its industry — outperforming the majority of peers. The industry median 5-Year ROIIC % is 4.08. Daiwa House REIT Investment's value of 12.74 is 212.3% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 5-Year ROIIC % for a REITs company?
The median 5-Year ROIIC % among REITs companies is 4.08, based on 624 companies in the industry. Companies in the top quartile (top 25%) have a 5-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 5-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Daiwa House REIT Investment's current 5-Year ROIIC % of 12.74 is 212.3% 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 5-Year ROIIC % mean?
A high 5-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 5-Year ROIIC % measures the change in earnings as a percentage of change in investment over 5-year. View historical data on Daiwa House REIT Investment and its competitors. For the REITs industry, the median 5-Year ROIIC % is 4.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Daiwa House REIT Investment's current 5-Year ROIIC % is 12.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Daiwa House REIT Investment stock overvalued right now?
Based on GuruFocus' analysis, Daiwa House REIT Investment (TSE:8984) is currently considered Modestly Undervalued. The stock's GF Value™ is 円138,840.90, compared to a current price of 円120,100.00 — trading 13.5% below its estimated fair value. The current 5-Year ROIIC % is 12.74 and 212.3% above the REITs industry median of 4.08. Daiwa House REIT Investment's overall GF Score™ is 63/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 5-Year ROIIC % calculated?
5-Year ROIIC % is calculated from a company's financial statements. For Daiwa House REIT Investment (TSE:8984), the current 5-Year ROIIC % is 12.74 as of Aug. 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 Daiwa House REIT Investment (TSE:8984) Overvalued in 2026?

Based on GuruFocus' analysis, Daiwa House REIT Investment stock appears to be undervalued. The current stock price of 円120,100.00 is trading 13.5% below its estimated GF Value™ of 円138,840.90. GuruFocus considers Daiwa House REIT Investment to be Modestly Undervalued.

Key valuation signals for TSE:8984:

  • 5-Year ROIIC %: 12.74
  • GF Value™: 円138,840.90 vs. price of 円120,100.00 (13.5% below fair value)
  • GF Score™: 63/100 with 4 warning signs
  • Industry Position: 212.3% above the REITs median (#103 of 624)

No single metric tells the full story. See the TSE:8984 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Daiwa House REIT Investment Business Description

Industry Real EstateREITs
Address 2-4-8, Nagatacho, Chiyoda-ku, Tokyo, JPN, 100-0014
Daiwa House REIT Investment Corp is a diversified real estate investment trust which invests in real estate properties. Its core assets are logistics properties, residential properties, retail properties, and hotels. It invests mainly in three metropolitan areas the greater Tokyo area, the greater Nagoya area, and the greater Osaka area. The firm's portfolio consists of assets with various risk-return profiles. It generates revenue from rental activity on a straight-line accrual basis over the life of each lease contract. The company operates only in Japan.
63GF Score

Get the complete analysis for TSE:8984

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

円120,100.00
Price
円138,840.90
GF Value