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LandnetTSE:2991 +0.55%75 Return-on-Tangible-Asset is 5.92% as of Jan. 2026, which is 21% below its 10-year median of 7.46. GuruFocus rates TSE:2991 with a GF Score™ of 75/100 and a GF Value™ of 円595.40 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,800 Real Estate companies, Landnet ranks better than 87.22% 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. Landnet's annualizedNet Income for the quarter that ended in Jan. 2026 was 円2,156 Mil. Landnet's average total tangible assets for the quarter that ended in Jan. 2026 was 円36,447 Mil. Therefore, Landnet's annualized Return-on-Tangible-Asset for the quarter that ended in Jan. 2026 was 5.92%.
The historical rank and industry rank for Landnet's Return-on-Tangible-Asset or its related term are showing as below:
TSE:2991'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 5.78 Med: 7.46 Max: 9.55
Current: 7.5
During the past 7 years, Landnet's highest Return-on-Tangible-Asset was 9.55%. The lowest was 5.78%. And the median was 7.46%.
TSE:2991's Return-on-Tangible-Asset is ranked better than 87.22% of 1800
companies
in the Real Estate industry
Industry Median: 1.795
vs TSE:2991: 7.50
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.
Landnet Return-on-Tangible-Asset Related Terms
Landnet Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Landnet'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:2991 vs CBRE, BEKE, JLL: Return-on-Tangible-Asset Comparison
For the Real Estate Services subindustry, Landnet'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.
Landnet Return-on-Tangible-Asset vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Landnet's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Landnet'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 (Jan. 2026) net income data.
What does a Return-on-Tangible-Asset of 5.92% mean?
Landnet (TSE:2991) has a Return-on-Tangible-Asset of 5.92% 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 Landnet and its competitors. This is 21% below median its historical median of 7.46. Over the past decade, Landnet's Return-on-Tangible-Asset has ranged from 5.78 to 9.55. According to the industry distribution chart, Landnet ranks #230 out of 1800 companies in the Real Estate industry, placing it in the top 12.8%.
Is Landnet's Return-on-Tangible-Asset too high?
Landnet's current Return-on-Tangible-Asset of 5.92% is 21% below median its 10-year median of 7.46. Over the past 10 years, this metric has ranged from a low of 5.78 to a high of 9.55. The Real Estate industry median Return-on-Tangible-Asset is 1.80. Landnet's value of 5.92% is 229.8% above this industry median. Based on the distribution chart, Landnet ranks #230 out of 1800 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Landnet has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Landnet's Return-on-Tangible-Asset compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Landnet ranks #230 out of 1800 companies for Return-on-Tangible-Asset. This places Landnet in the top 13% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 1.80. Landnet's value of 5.92% is 229.8% above this benchmark. Historically, Landnet's own Return-on-Tangible-Asset has ranged from 5.78 to 9.55 over the past decade. While the company's 10-year median is 7.46 vs. the industry median of 1.80, Landnet 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 Real Estate company?
The median Return-on-Tangible-Asset among Real Estate companies is 1.80, based on 1,800 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. Landnet's current Return-on-Tangible-Asset of 5.92% is 229.8% 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 Landnet and its competitors. For the Real Estate industry, the median Return-on-Tangible-Asset is 1.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Landnet's current Return-on-Tangible-Asset is 5.92%, which is 21% below median its own 10-year median of 7.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Landnet stock overvalued right now?
Based on GuruFocus' analysis, Landnet (TSE:2991) is currently considered Fairly Valued. The stock's GF Value™ is 円595.40, compared to a current price of 円551.00 — trading 7.5% below its estimated fair value. The current Return-on-Tangible-Asset is 5.92%, which is 21% below median its 10-year median of 7.46 and 229.8% above the Real Estate industry median of 1.80. Landnet's overall GF Score™ is 75/100 with 4 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 Landnet (TSE:2991), the current Return-on-Tangible-Asset is 5.92% 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 Landnet (TSE:2991) Overvalued in 2026?
Based on GuruFocus' analysis, Landnet stock appears to be undervalued.
The current stock price of 円551.00 is trading 7.5% below its estimated GF Value™ of 円595.40.
GuruFocus considers Landnet to be Fairly Valued.
Key valuation signals for TSE:2991:
Return-on-Tangible-Asset: 5.92% (21% below median its 10-year median of 7.46)
GF Value™: 円595.40 vs. price of 円551.00 (7.5% below fair value)
Industry Position: 229.8% above the Real Estate median (#230 of 1800)
No single metric tells the full story. See the TSE:2991 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Landnet Inc is involved in buying and selling used real estate, remodeling and renovating properties after purchase, brokerage, and managing rental properties. Its reportable segments are the real estate buying and selling business and the real estate rental management business. The majority of its revenue comes from the real estate trading business, which includes purchasing and selling properties, real estate brokerage, and remodeling and renovation activities.
75GF Score
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Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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