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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. Sankei Real Estate's annualizedNet Income for the quarter that ended in Feb. 2026 was 円-8,019 Mil. Sankei Real Estate's average total tangible assets for the quarter that ended in Feb. 2026 was 円102,120 Mil. Therefore, Sankei Real Estate's annualized Return-on-Tangible-Asset for the quarter that ended in Feb. 2026 was -7.85%.
The historical rank and industry rank for Sankei Real Estate's Return-on-Tangible-Asset or its related term are showing as below:
TSE:2972'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -2.82 Med: 2.37 Max: 3.16
Current: -2.82
During the past 7 years, Sankei Real Estate's highest Return-on-Tangible-Asset was 3.16%. The lowest was -2.82%. And the median was 2.37%.
TSE:2972's Return-on-Tangible-Asset is ranked worse than 89.95% of 925
companies
in the REITs industry
Industry Median: 3.29
vs TSE:2972: -2.82
Sankei Real Estate (TSE:2972) 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.
Sankei Real Estate Return-on-Tangible-Asset Related Terms
Sankei Real Estate Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Sankei Real Estate'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.
TSE:2972 vs BXP, ARE, VNO: Return-on-Tangible-Asset Comparison
For the REIT - Office subindustry, Sankei Real Estate'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.
Sankei Real Estate Return-on-Tangible-Asset vs REITs Industry
For the REITs industry and Real Estate sector, Sankei Real Estate's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Sankei Real Estate'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 -7.85% mean?
Sankei Real Estate (TSE:2972) has a Return-on-Tangible-Asset of -7.85% 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 Sankei Real Estate and its competitors. According to the industry distribution chart, Sankei Real Estate ranks #832 out of 925 companies in the REITs industry, placing it in the top 89.9%.
Is Sankei Real Estate's Return-on-Tangible-Asset too high?
Sankei Real Estate's current Return-on-Tangible-Asset is -7.85%. Based on the distribution chart, Sankei Real Estate ranks #832 out of 925 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Sankei Real Estate has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sankei Real Estate's Return-on-Tangible-Asset compare to BXP and ARE?
According to the REITs industry distribution chart, Sankei Real Estate ranks #832 out of 925 companies for Return-on-Tangible-Asset. This places Sankei Real Estate in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.29. 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 3.29, based on 925 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. 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 Sankei Real Estate and its competitors. For the REITs industry, the median Return-on-Tangible-Asset is 3.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sankei Real Estate's current Return-on-Tangible-Asset is -7.85%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sankei Real Estate stock overvalued right now?
Based on GuruFocus' analysis, Sankei Real Estate (TSE:2972) is currently considered Modestly Overvalued. The stock's GF Value™ is 円85,394.49, compared to a current price of 円107,700.00 — trading 26.1% above its estimated fair value. The current Return-on-Tangible-Asset is -7.85%. Sankei Real Estate's overall GF Score™ is 63/100 with 8 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 Sankei Real Estate (TSE:2972), the current Return-on-Tangible-Asset is -7.85% 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 Sankei Real Estate (TSE:2972) Overvalued in 2026?
Based on GuruFocus' analysis, Sankei Real Estate stock appears to be overvalued.
The current stock price of 円107,700.00 is trading 26.1% above its estimated GF Value™ of 円85,394.49.
GuruFocus considers Sankei Real Estate to be Modestly Overvalued.
Key valuation signals for TSE:2972:
Return-on-Tangible-Asset: -7.85%
GF Value™: 円85,394.49 vs. price of 円107,700.00 (26.1% above fair value)
No single metric tells the full story. See the TSE:2972 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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