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Star Asia InvestmentTSE:3468 +0.57%51 Return-on-Tangible-Asset is 3.31% as of Jan. 2026, which is 7% below its 10-year median of 3.56. GuruFocus rates TSE:3468 with a GF Score™ of 51/100 and a GF Value™ of 円62,864.31 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 925 REITs companies, Star Asia Investment ranks better than 51.14% 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. Star Asia Investment's annualizedNet Income for the quarter that ended in Jan. 2026 was 円9,507 Mil. Star Asia Investment's average total tangible assets for the quarter that ended in Jan. 2026 was 円287,291 Mil. Therefore, Star Asia Investment's annualized Return-on-Tangible-Asset for the quarter that ended in Jan. 2026 was 3.31%.
The historical rank and industry rank for Star Asia Investment's Return-on-Tangible-Asset or its related term are showing as below:
TSE:3468'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.79 Med: 3.56 Max: 11.96
Current: 3.34
During the past 10 years, Star Asia Investment's highest Return-on-Tangible-Asset was 11.96%. The lowest was 2.79%. And the median was 3.56%.
TSE:3468's Return-on-Tangible-Asset is ranked better than 51.14% of 925
companies
in the REITs industry
Industry Median: 3.28
vs TSE:3468: 3.34
Star Asia Investment (TSE:3468) 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.
Star Asia Investment Return-on-Tangible-Asset Related Terms
Star Asia Investment Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Star Asia Investment'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.
Star Asia Investment Return-on-Tangible-Asset Chart
TSE:3468 vs VICI, WPC: Return-on-Tangible-Asset Comparison
For the REIT - Diversified subindustry, Star Asia 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.
Star Asia Investment Return-on-Tangible-Asset vs REITs Industry
For the REITs industry and Real Estate sector, Star Asia Investment's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Star Asia 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 (Jan. 2026) net income data.
What does a Return-on-Tangible-Asset of 3.31% mean?
Star Asia Investment (TSE:3468) has a Return-on-Tangible-Asset of 3.31% 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 Star Asia Investment and its competitors. This is near median its historical median of 3.56. Over the past decade, Star Asia Investment's Return-on-Tangible-Asset has ranged from 2.79 to 11.96. According to the industry distribution chart, Star Asia Investment ranks #452 out of 925 companies in the REITs industry, placing it in the top 48.9%.
Is Star Asia Investment's Return-on-Tangible-Asset too high?
Star Asia Investment's current Return-on-Tangible-Asset of 3.31% is near median its 10-year median of 3.56. Over the past 10 years, this metric has ranged from a low of 2.79 to a high of 11.96. The REITs industry median Return-on-Tangible-Asset is 3.28. Star Asia Investment's value of 3.31% is 0.9% above this industry median. Based on the distribution chart, Star Asia Investment ranks #452 out of 925 companies in the REITs industry, which is above the industry midpoint. Overall, Star Asia Investment has a GF Score™ of 51/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Star Asia Investment's Return-on-Tangible-Asset compare to VICI and WPC?
According to the REITs industry distribution chart, Star Asia Investment ranks #452 out of 925 companies for Return-on-Tangible-Asset. This puts Star Asia Investment in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.28. Star Asia Investment's value of 3.31% is 0.9% above this benchmark. Historically, Star Asia Investment's own Return-on-Tangible-Asset has ranged from 2.79 to 11.96 over the past decade. While the company's 10-year median is 3.56 vs. the industry median of 3.28, Star Asia 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 3.28, 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. Star Asia Investment's current Return-on-Tangible-Asset of 3.31% 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 Star Asia Investment 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. Star Asia Investment's current Return-on-Tangible-Asset is 3.31%, which is near median its own 10-year median of 3.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Star Asia Investment stock overvalued right now?
Based on GuruFocus' analysis, Star Asia Investment (TSE:3468) is currently considered Modestly Undervalued. The stock's GF Value™ is 円62,864.31, compared to a current price of 円53,100.00 — trading 15.5% below its estimated fair value. The current Return-on-Tangible-Asset is 3.31%, which is near median its 10-year median of 3.56 and 0.9% above the REITs industry median of 3.28. Star Asia Investment's overall GF Score™ is 51/100 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 Star Asia Investment (TSE:3468), the current Return-on-Tangible-Asset is 3.31% 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 Star Asia Investment (TSE:3468) Overvalued in 2026?
Based on GuruFocus' analysis, Star Asia Investment stock appears to be undervalued.
The current stock price of 円53,100.00 is trading 15.5% below its estimated GF Value™ of 円62,864.31.
GuruFocus considers Star Asia Investment to be Modestly Undervalued.
Key valuation signals for TSE:3468:
Return-on-Tangible-Asset: 3.31% (near median its 10-year median of 3.56)
GF Value™: 円62,864.31 vs. price of 円53,100.00 (15.5% below fair value)
Industry Position: 0.9% above the REITs median (#452 of 925)
No single metric tells the full story. See the TSE:3468 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Star Asia Investment Corp is a real estate investment trust (REIT). The company mainly invests in real estate properties such as business offices, logistics facilities, residential buildings and hotels. It aims to achieve internal and external growth in asset and maximize investors' profit from mid-term to long-term perspectives.
51GF Score
Get the complete analysis for TSE:3468
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