Orix JreitFRA:O2F +1.21%66 Return-on-Tangible-Asset is 3.84% as of Feb. 2026, which is 33% above its 10-year median of 2.88. GuruFocus rates FRA:O2F with a GF Score™ of 66/100 and a GF Value™ of €523.50. The stock has 5 warning signs investors should review. Among 938 REITs companies, Orix Jreit ranks better than 55.54% 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. Orix Jreit's annualizedNet Income for the quarter that ended in Feb. 2026 was €157.1 Mil. Orix Jreit's average total tangible assets for the quarter that ended in Feb. 2026 was €4,089.6 Mil. Therefore, Orix Jreit's annualized Return-on-Tangible-Asset for the quarter that ended in Feb. 2026 was 3.84%.
The historical rank and industry rank for Orix Jreit's Return-on-Tangible-Asset or its related term are showing as below:
FRA:O2F'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.74 Med: 2.88 Max: 3.78
Current: 3.78
During the past 13 years, Orix Jreit's highest Return-on-Tangible-Asset was 3.78%. The lowest was 2.74%. And the median was 2.88%.
FRA:O2F's Return-on-Tangible-Asset is ranked better than 55.54% of 938
companies
in the REITs industry
Industry Median: 3.28
vs FRA:O2F: 3.78
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.
Orix Jreit Return-on-Tangible-Asset Related Terms
Orix Jreit Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Orix Jreit'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.
FRA:O2F vs BXP, ARE, VNO: Return-on-Tangible-Asset Comparison
For the REIT - Office subindustry, Orix Jreit'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.
Orix Jreit Return-on-Tangible-Asset vs REITs Industry
For the REITs industry and Real Estate sector, Orix Jreit's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Orix Jreit'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 (Feb. 2026) net income data.
What does a Return-on-Tangible-Asset of 3.84% mean?
Orix Jreit (FRA:O2F) has a Return-on-Tangible-Asset of 3.84% as of Feb. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Orix Jreit and its competitors. This is 33% above median its historical median of 2.88. Over the past decade, Orix Jreit's Return-on-Tangible-Asset has ranged from 2.74 to 3.78. According to the industry distribution chart, Orix Jreit ranks #417 out of 938 companies in the REITs industry, placing it in the top 44.5%.
Is Orix Jreit's Return-on-Tangible-Asset too high?
Orix Jreit's current Return-on-Tangible-Asset of 3.84% is 33% above median its 10-year median of 2.88. Over the past 10 years, this metric has ranged from a low of 2.74 to a high of 3.78. The REITs industry median Return-on-Tangible-Asset is 3.28. Orix Jreit's value of 3.84% is 17.1% above this industry median. Based on the distribution chart, Orix Jreit ranks #417 out of 938 companies in the REITs industry, which is above the industry midpoint. Overall, Orix Jreit has a GF Score™ of 66/100, reflecting its overall financial health beyond just this single metric.
How does Orix Jreit's Return-on-Tangible-Asset compare to BXP and ARE?
According to the REITs industry distribution chart, Orix Jreit ranks #417 out of 938 companies for Return-on-Tangible-Asset. This puts Orix Jreit in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.28. Orix Jreit's value of 3.84% is 17.1% above this benchmark. Historically, Orix Jreit's own Return-on-Tangible-Asset has ranged from 2.74 to 3.78 over the past decade. While the company's 10-year median is 2.88 vs. the industry median of 3.28, Orix Jreit 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 3.28, based on 938 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. Orix Jreit's current Return-on-Tangible-Asset of 3.84% is 17.1% 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 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 Orix Jreit and its competitors. For the REITs industry, the median Return-on-Tangible-Asset is 3.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Orix Jreit's current Return-on-Tangible-Asset is 3.84%, which is 33% above median its own 10-year median of 2.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Orix Jreit stock overvalued right now?
Orix Jreit (FRA:O2F) has a current Return-on-Tangible-Asset of 3.84%. The stock's GF Value™ is €523.50, compared to a current price of €500.00 — trading 4.5% below its estimated fair value. The current Return-on-Tangible-Asset is 3.84%, which is 33% above median its 10-year median of 2.88 and 17.1% above the REITs industry median of 3.28. Orix Jreit's overall GF Score™ is 66/100 with 5 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 Orix Jreit (FRA:O2F), the current Return-on-Tangible-Asset is 3.84% as of Feb. 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 Orix Jreit (FRA:O2F) Overvalued in 2026?
Based on GuruFocus' analysis, Orix Jreit stock appears to be undervalued.
The current stock price of €500.00 is trading 4.5% below its estimated GF Value™ of €523.50.
Key valuation signals for FRA:O2F:
Return-on-Tangible-Asset: 3.84% (33% above median its 10-year median of 2.88)
GF Value™: €523.50 vs. price of €500.00 (4.5% below fair value)
Industry Position: 17.1% above the REITs median (#417 of 938)
No single metric tells the full story. See the FRA:O2F stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Orix Jreit Inc is a real estate investment trust engaged in the acquisition, ownership, and leasing of properties throughout Japan. In terms of asset acquisition price, the majority of the company's real estate portfolio comprises office buildings. Retail facilities and residential properties together also make up a considerable percentage of this portfolio. Orix JREIT's real estate assets are mostly located in the Greater Tokyo area, with those in the Central Wards of Tokyo representing the geographic segment in terms of property acquisition price. The company derives nearly all of its income in the form of rental revenue from tenants.
66GF Score
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