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Japan Real Estate InvestmentJREIF 71 Return-on-Tangible-Asset is 3.30% as of Mar. 2026, which is 2% above its 10-year median of 3.23. GuruFocus rates JREIF with a GF Score™ of 71/100 and a GF Value™ of $782.25 (Fairly Valued). The stock has 9 warning signs investors should review. Among 939 REITs companies, Japan Real Estate Investment ranks better than 51.33% on this metric.
The historical rank and industry rank for Japan Real Estate Investment's Return-on-Tangible-Asset or its related term are showing as below:
JREIF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.45 Med: 3.23 Max: 3.55
Current: 3.35
During the past 13 years, Japan Real Estate Investment's highest Return-on-Tangible-Asset was 3.55%. The lowest was 2.45%. And the median was 3.23%.
JREIF's Return-on-Tangible-Asset is ranked better than 51.33% of 939
companies
in the REITs industry
Industry Median: 3.27
vs JREIF: 3.35
Japan Real Estate Investment (OTCPK:JREIF) 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 Real Estate Investment Return-on-Tangible-Asset Related Terms
Japan Real Estate Investment Return-on-Tangible-Asset Historical Data
* 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 Real Estate Investment Return-on-Tangible-Asset Chart
JREIF vs BXP, ARE, VNO: Return-on-Tangible-Asset Comparison
For the REIT - Office subindustry, Japan Real Estate Investment'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 Real Estate Investment Return-on-Tangible-Asset vs REITs Industry
For the REITs industry and Real Estate sector, Japan Real Estate Investment's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Japan Real Estate Investment'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 (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 3.30% mean?
Japan Real Estate Investment (JREIF) has a Return-on-Tangible-Asset of 3.30% 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 Real Estate Investment and its competitors. This is near median its historical median of 3.23. Over the past decade, Japan Real Estate Investment's Return-on-Tangible-Asset has ranged from 2.45 to 3.55. According to the industry distribution chart, Japan Real Estate Investment ranks #457 out of 939 companies in the REITs industry, placing it in the top 48.7%.
Is Japan Real Estate Investment's Return-on-Tangible-Asset too high?
Japan Real Estate Investment's current Return-on-Tangible-Asset of 3.30% is near median its 10-year median of 3.23. Over the past 10 years, this metric has ranged from a low of 2.45 to a high of 3.55. The REITs industry median Return-on-Tangible-Asset is 3.27. Japan Real Estate Investment's value of 3.30% is 0.9% above this industry median. Based on the distribution chart, Japan Real Estate Investment ranks #457 out of 939 companies in the REITs industry, which is above the industry midpoint. Overall, Japan Real Estate Investment has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Japan Real Estate Investment's Return-on-Tangible-Asset compare to BXP and ARE?
According to the REITs industry distribution chart, Japan Real Estate Investment ranks #457 out of 939 companies for Return-on-Tangible-Asset. This puts Japan Real Estate Investment in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.27. Japan Real Estate Investment's value of 3.30% is 0.9% above this benchmark. Historically, Japan Real Estate Investment's own Return-on-Tangible-Asset has ranged from 2.45 to 3.55 over the past decade. While the company's 10-year median is 3.23 vs. the industry median of 3.27, Japan Real Estate Investment 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 939 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 Real Estate Investment's current Return-on-Tangible-Asset of 3.30% is 0.9% 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 Real Estate Investment 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 Real Estate Investment's current Return-on-Tangible-Asset is 3.30%, which is near median its own 10-year median of 3.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Japan Real Estate Investment stock overvalued right now?
Based on GuruFocus' analysis, Japan Real Estate Investment (JREIF) is currently considered Fairly Valued. The stock's GF Value™ is $782.25, compared to a current price of $731.00 — trading 6.6% below its estimated fair value. The current Return-on-Tangible-Asset is 3.30%, which is near median its 10-year median of 3.23 and 0.9% above the REITs industry median of 3.27. Japan Real Estate Investment's overall GF Score™ is 71/100 with 9 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 Real Estate Investment (JREIF), the current Return-on-Tangible-Asset is 3.30% 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 Real Estate Investment (JREIF) Overvalued in 2026?
Based on GuruFocus' analysis, Japan Real Estate Investment stock appears to be undervalued.
The current stock price of $731.00 is trading 6.6% below its estimated GF Value™ of $782.25.
GuruFocus considers Japan Real Estate Investment to be Fairly Valued.
Key valuation signals for JREIF:
Return-on-Tangible-Asset: 3.30% (near median its 10-year median of 3.23)
GF Value™: $782.25 vs. price of $731.00 (6.6% below fair value)
Industry Position: 0.9% above the REITs median (#457 of 939)
No single metric tells the full story. See the JREIF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Japan Real Estate Investment Corp, or J-REIT, is a Japanese real estate investment trust that invests in, owns, and leases office properties. The vast majority of the company's real estate portfolio is located within Tokyo's 23 wards and the Tokyo metropolitan area in terms of total value. Within this area, J-REIT's offices reside within the Tokyo central business district. The company derives nearly all of its income in the form of rental revenue from the leasing of its office properties. While J-REIT tenants hail from a diverse assortment of industries, firms from the service, information services, electric devices, and financial services industries are its customers.
71GF Score
Get the complete analysis for JREIF
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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