Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Japan Airport Terminal CoJAIRF 76 Return-on-Tangible-Asset is 5.96% as of Mar. 2026, which is 54% above its 10-year median of 3.88. GuruFocus rates JAIRF with a GF Scoreâ„¢ of 76/100 and a GF Valueâ„¢ of $34.07 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,010 Transportation companies, Japan Airport Terminal Co ranks better than 71.98% 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 Airport Terminal Co's annualizedNet Income for the quarter that ended in Mar. 2026 was $174 Mil. Japan Airport Terminal Co's average total tangible assets for the quarter that ended in Mar. 2026 was $2,918 Mil. Therefore, Japan Airport Terminal Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 5.96%.
The historical rank and industry rank for Japan Airport Terminal Co's Return-on-Tangible-Asset or its related term are showing as below:
JAIRF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -7.58 Med: 3.88 Max: 9.67
Current: 6.48
During the past 13 years, Japan Airport Terminal Co's highest Return-on-Tangible-Asset was 9.67%. The lowest was -7.58%. And the median was 3.88%.
JAIRF's Return-on-Tangible-Asset is ranked better than 71.98% of 1010
companies
in the Transportation industry
Industry Median: 3.775
vs JAIRF: 6.48
Japan Airport Terminal Co (OTCPK:JAIRF) 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 companyÂ’s 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 companyÂ’s 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 Airport Terminal Co Return-on-Tangible-Asset Related Terms
Japan Airport Terminal Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Japan Airport Terminal Co'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 Airport Terminal Co Return-on-Tangible-Asset Chart
JAIRF vs JOBY, CAAP: Return-on-Tangible-Asset Comparison
For the Airports & Air Services subindustry, Japan Airport Terminal Co'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 Airport Terminal Co Return-on-Tangible-Asset vs Transportation Industry
For the Transportation industry and Industrials sector, Japan Airport Terminal Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Japan Airport Terminal Co'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 four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 5.96% mean?
Japan Airport Terminal Co (JAIRF) has a Return-on-Tangible-Asset of 5.96% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Japan Airport Terminal Co and its competitors. This is 54% above median its historical median of 3.88. According to the industry distribution chart, Japan Airport Terminal Co ranks #283 out of 1010 companies in the Transportation industry, placing it in the top 28%.
Is Japan Airport Terminal Co's Return-on-Tangible-Asset too high?
Japan Airport Terminal Co's current Return-on-Tangible-Asset of 5.96% is 54% above median its 10-year median of 3.88. The Transportation industry median Return-on-Tangible-Asset is 3.78. Japan Airport Terminal Co's value of 5.96% is 57.9% above this industry median. Based on the distribution chart, Japan Airport Terminal Co ranks #283 out of 1010 companies in the Transportation industry, which is above the industry midpoint. Overall, Japan Airport Terminal Co has a GF Scoreâ„¢ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Japan Airport Terminal Co's Return-on-Tangible-Asset compare to JOBY and CAAP?
According to the Transportation industry distribution chart, Japan Airport Terminal Co ranks #283 out of 1010 companies for Return-on-Tangible-Asset. This puts Japan Airport Terminal Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.78. Japan Airport Terminal Co's value of 5.96% is 57.9% above this benchmark. While the company's 10-year median is 3.88 vs. the industry median of 3.78, Japan Airport Terminal Co 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 Transportation company?
The median Return-on-Tangible-Asset among Transportation companies is 3.78, based on 1,010 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 Airport Terminal Co's current Return-on-Tangible-Asset of 5.96% is 57.9% 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 Airport Terminal Co and its competitors. For the Transportation industry, the median Return-on-Tangible-Asset is 3.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Japan Airport Terminal Co's current Return-on-Tangible-Asset is 5.96%, which is 54% above median its own 10-year median of 3.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Japan Airport Terminal Co stock overvalued right now?
Based on GuruFocus' analysis, Japan Airport Terminal Co (JAIRF) is currently considered Fairly Valued. The stock's GF Value™ is $34.07, compared to a current price of $33.32 — trading 2.2% below its estimated fair value. The current Return-on-Tangible-Asset is 5.96%, which is 54% above median its 10-year median of 3.88 and 57.9% above the Transportation industry median of 3.78. Japan Airport Terminal Co's overall GF Score™ is 76/100 with 6 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 Airport Terminal Co (JAIRF), the current Return-on-Tangible-Asset is 5.96% as of Mar. 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 Airport Terminal Co (JAIRF) Overvalued in 2026?
Based on GuruFocus' analysis, Japan Airport Terminal Co stock appears to be undervalued.
The current stock price of $33.32 is trading 2.2% below its estimated GF Value™ of $34.07.
GuruFocus considers Japan Airport Terminal Co to be Fairly Valued.
Key valuation signals for JAIRF:
Return-on-Tangible-Asset: 5.96% (54% above median its 10-year median of 3.88)
GF Value™: $34.07 vs. price of $33.32 (2.2% below fair value)
Industry Position: 57.9% above the Transportation median (#283 of 1010)
No single metric tells the full story. See the JAIRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Japan Airport Terminal Co Ltd is a Japanese airport operations company. It is engaged in the management and operation of passenger terminals and the provision of related services at airports, mainly Haneda and Narita. The company has three reportable segments: Facility Management and Operation, Merchandise Sales, and Food and Beverage. The Facility Management and Operation segment provides leasing, maintenance, repairs, and terminal operations; the Merchandise Sales segment sells and wholesales products to air passengers and terminal-building companies; and the Food and Beverage segment operates airport and in-flight food services. The company focuses on improving passenger experience and operational resilience through service quality and facility upgrades.
76GF Score
Get the complete analysis for JAIRF
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
JAIRF has been successfully added to your 
