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CRE Logistics REITTSE:3487 -1.63%67 Return-on-Tangible-Asset is 2.82% as of Dec. 2025, which is 1% above its 10-year median of 2.79. GuruFocus rates TSE:3487 with a GF Score™ of 67/100 and a GF Value™ of 円153,830.19 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 925 REITs companies, CRE Logistics REIT ranks worse than 56.97% 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. CRE Logistics REIT's annualizedNet Income for the quarter that ended in Dec. 2025 was 円4,459 Mil. CRE Logistics REIT's average total tangible assets for the quarter that ended in Dec. 2025 was 円158,113 Mil. Therefore, CRE Logistics REIT's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 2.82%.
The historical rank and industry rank for CRE Logistics REIT's Return-on-Tangible-Asset or its related term are showing as below:
TSE:3487'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.01 Med: 2.79 Max: 3.81
Current: 2.8
During the past 9 years, CRE Logistics REIT's highest Return-on-Tangible-Asset was 3.81%. The lowest was 2.01%. And the median was 2.79%.
TSE:3487's Return-on-Tangible-Asset is ranked worse than 56.97% of 925
companies
in the REITs industry
Industry Median: 3.29
vs TSE:3487: 2.80
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.
CRE Logistics REIT Return-on-Tangible-Asset Related Terms
CRE Logistics REIT Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for CRE Logistics REIT'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:3487 vs VICI, WPC: Return-on-Tangible-Asset Comparison
For the REIT - Diversified subindustry, CRE Logistics REIT'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.
CRE Logistics REIT Return-on-Tangible-Asset vs REITs Industry
For the REITs industry and Real Estate sector, CRE Logistics REIT's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where CRE Logistics REIT'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 (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 2.82% mean?
CRE Logistics REIT (TSE:3487) has a Return-on-Tangible-Asset of 2.82% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on CRE Logistics REIT and its competitors. This is near median its historical median of 2.79. Over the past decade, CRE Logistics REIT's Return-on-Tangible-Asset has ranged from 2.01 to 3.81. According to the industry distribution chart, CRE Logistics REIT ranks #527 out of 925 companies in the REITs industry, placing it in the top 57%.
Is CRE Logistics REIT's Return-on-Tangible-Asset too high?
CRE Logistics REIT's current Return-on-Tangible-Asset of 2.82% is near median its 10-year median of 2.79. Over the past 10 years, this metric has ranged from a low of 2.01 to a high of 3.81. The REITs industry median Return-on-Tangible-Asset is 3.29. CRE Logistics REIT's value of 2.82% is 14.3% below this industry median. Based on the distribution chart, CRE Logistics REIT ranks #527 out of 925 companies in the REITs industry, which is below the industry midpoint. Overall, CRE Logistics REIT has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CRE Logistics REIT's Return-on-Tangible-Asset compare to VICI and WPC?
According to the REITs industry distribution chart, CRE Logistics REIT ranks #527 out of 925 companies for Return-on-Tangible-Asset. This places CRE Logistics REIT in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.29. CRE Logistics REIT's value of 2.82% is 14.3% below this benchmark. Historically, CRE Logistics REIT's own Return-on-Tangible-Asset has ranged from 2.01 to 3.81 over the past decade. While the company's 10-year median is 2.79 vs. the industry median of 3.29, CRE Logistics REIT has consistently been below 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 3.29, 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. CRE Logistics REIT's current Return-on-Tangible-Asset of 2.82% is 14.3% below 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 CRE Logistics REIT 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. CRE Logistics REIT's current Return-on-Tangible-Asset is 2.82%, which is near median its own 10-year median of 2.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CRE Logistics REIT stock overvalued right now?
Based on GuruFocus' analysis, CRE Logistics REIT (TSE:3487) is currently considered Modestly Undervalued. The stock's GF Value™ is 円153,830.19, compared to a current price of 円138,700.00 — trading 9.8% below its estimated fair value. The current Return-on-Tangible-Asset is 2.82%, which is near median its 10-year median of 2.79 and 14.3% below the REITs industry median of 3.29. CRE Logistics REIT's overall GF Score™ is 67/100 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 CRE Logistics REIT (TSE:3487), the current Return-on-Tangible-Asset is 2.82% as of Dec. 2025. 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 CRE Logistics REIT (TSE:3487) Overvalued in 2026?
Based on GuruFocus' analysis, CRE Logistics REIT stock appears to be undervalued.
The current stock price of 円138,700.00 is trading 9.8% below its estimated GF Value™ of 円153,830.19.
GuruFocus considers CRE Logistics REIT to be Modestly Undervalued.
Key valuation signals for TSE:3487:
Return-on-Tangible-Asset: 2.82% (near median its 10-year median of 2.79)
GF Value™: 円153,830.19 vs. price of 円138,700.00 (9.8% below fair value)
Industry Position: 14.3% below the REITs median (#527 of 925)
No single metric tells the full story. See the TSE:3487 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CRE Logistics REIT Inc is a Japanese Real estate investment trust. The company focuses on logistics properties to deliver comprehensive services that span the development of logistics properties to leasing, and property management. It portfolio consist of Logisquare Kuki, Logisquare Tosu, and Logisquare Hanyu.
67GF Score
Get the complete analysis for TSE:3487
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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