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Japan Logistics FundFRA:8UT 64 Return-on-Tangible-Asset is 4.53% as of Jan. 2026, which is 32% above its 10-year median of 3.44. GuruFocus rates FRA:8UT with a GF Score™ of 64/100 and a GF Value™ of €536.82. The stock has 3 warning signs investors should review. Among 933 REITs companies, Japan Logistics Fund ranks better than 62.92% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Japan Logistics Fund's annualizedNet Income for the quarter that ended in Jan. 2026 was €69.6 Mil. Japan Logistics Fund's average total tangible assets for the quarter that ended in Jan. 2026 was €1,535.3 Mil. Therefore, Japan Logistics Fund's annualized Return-on-Tangible-Asset for the quarter that ended in Jan. 2026 was 4.53%.
The historical rank and industry rank for Japan Logistics Fund's Return-on-Tangible-Asset or its related term are showing as below:
FRA:8UT'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 3.06 Med: 3.44 Max: 5.43
Current: 4.59
During the past 13 years, Japan Logistics Fund's highest Return-on-Tangible-Asset was 5.43%. The lowest was 3.06%. And the median was 3.44%.
FRA:8UT's Return-on-Tangible-Asset is ranked better than 62.92% of 933
companies
in the REITs industry
Industry Median: 3.27
vs FRA:8UT: 4.59
Japan Logistics Fund (FRA:8UT) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Japan Logistics Fund Return-on-Tangible-Asset Related Terms
Japan Logistics Fund Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Japan Logistics Fund's Return-on-Tangible-Asset 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.
Japan Logistics Fund Return-on-Tangible-Asset Chart
FRA:8UT vs PLD, PSA, EXR: Return-on-Tangible-Asset Comparison
For the REIT - Industrial subindustry, Japan Logistics Fund's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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.
Japan Logistics Fund Return-on-Tangible-Asset vs REITs Industry
For the REITs industry and Real Estate sector, Japan Logistics Fund's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Japan Logistics Fund's Return-on-Tangible-Asset 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.
In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is two times the semi-annual (Jan. 2026) net income data.
What does a Return-on-Tangible-Asset of 4.53% mean?
Japan Logistics Fund (FRA:8UT) has a Return-on-Tangible-Asset of 4.53% as of Jan. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Japan Logistics Fund and its competitors. This is 32% above median its historical median of 3.44. Over the past decade, Japan Logistics Fund's Return-on-Tangible-Asset has ranged from 3.06 to 5.43. According to the industry distribution chart, Japan Logistics Fund ranks #346 out of 933 companies in the REITs industry, placing it in the top 37.1%.
Is Japan Logistics Fund's Return-on-Tangible-Asset too high?
Japan Logistics Fund's current Return-on-Tangible-Asset of 4.53% is 32% above median its 10-year median of 3.44. Over the past 10 years, this metric has ranged from a low of 3.06 to a high of 5.43. The REITs industry median Return-on-Tangible-Asset is 3.27. Japan Logistics Fund's value of 4.53% is 38.5% above this industry median. Based on the distribution chart, Japan Logistics Fund ranks #346 out of 933 companies in the REITs industry, which is above the industry midpoint. Overall, Japan Logistics Fund has a GF Score™ of 64/100, reflecting its overall financial health beyond just this single metric.
How does Japan Logistics Fund's Return-on-Tangible-Asset compare to PLD and PSA?
According to the REITs industry distribution chart, Japan Logistics Fund ranks #346 out of 933 companies for Return-on-Tangible-Asset. This puts Japan Logistics Fund in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.27. Japan Logistics Fund's value of 4.53% is 38.5% above this benchmark. Historically, Japan Logistics Fund's own Return-on-Tangible-Asset has ranged from 3.06 to 5.43 over the past decade. While the company's 10-year median is 3.44 vs. the industry median of 3.27, Japan Logistics Fund 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 Return-on-Tangible-Asset for a REITs company?
The median Return-on-Tangible-Asset among REITs companies is 3.27, based on 933 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Japan Logistics Fund's current Return-on-Tangible-Asset of 4.53% is 38.5% 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 Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Japan Logistics Fund and its competitors. For the REITs industry, the median Return-on-Tangible-Asset is 3.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Japan Logistics Fund's current Return-on-Tangible-Asset is 4.53%, which is 32% above median its own 10-year median of 3.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Japan Logistics Fund stock overvalued right now?
Japan Logistics Fund (FRA:8UT) has a current Return-on-Tangible-Asset of 4.53%. The stock's GF Value™ is €536.82, compared to a current price of €525.00 — trading 2.2% below its estimated fair value. The current Return-on-Tangible-Asset is 4.53%, which is 32% above median its 10-year median of 3.44 and 38.5% above the REITs industry median of 3.27. Japan Logistics Fund's overall GF Score™ is 64/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Japan Logistics Fund (FRA:8UT), the current Return-on-Tangible-Asset is 4.53% as of Jan. 2026. 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 Japan Logistics Fund (FRA:8UT) Overvalued in 2026?
Based on GuruFocus' analysis, Japan Logistics Fund stock appears to be undervalued.
The current stock price of €525.00 is trading 2.2% below its estimated GF Value™ of €536.82.
Key valuation signals for FRA:8UT:
Return-on-Tangible-Asset: 4.53% (32% above median its 10-year median of 3.44)
GF Value™: €536.82 vs. price of €525.00 (2.2% below fair value)
Industry Position: 38.5% above the REITs median (#346 of 933)
No single metric tells the full story. See the FRA:8UT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Japan Logistics Fund Inc is a Real Estate Investment Trust dedicated to investing in logistics properties. Its investment targets shall be real estate used for logistics facilities. The real estate used for data centers and other telecommunication facilities and real estate that is not being used for logistics facilities at the time of acquisition but may be constructed, converted or redeveloped to be used for logistics facilities.
64GF Score
Get the complete analysis for FRA:8UT
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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