Global One Real Estate Investment (TSE:8958) Return-on-Tangible-Asset: 3.65% (As of Mar. 2026) — 58% Above Median

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TSE:8958 Global One Real Estate Investment Corp TSE:8958
61 GF Score
Price 円110,000.00
GF Value 円138,850.16
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Global One Real Estate Investment Return-on-Tangible-Asset?

Global One Real Estate Investment TSE:8958 -1.79% 61 Return-on-Tangible-Asset is 3.65% as of Mar. 2026, which is 58% above its 10-year median of 2.31. GuruFocus rates TSE:8958 with a GF Score™ of 61/100 and a GF Value™ of 円138,850.16 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 925 REITs companies, Global One Real Estate Investment ranks better than 57.73% 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. Global One Real Estate Investment's annualized Net Income for the quarter that ended in Mar. 2026 was 円7,951 Mil. Global One Real Estate Investment's average total tangible assets for the quarter that ended in Mar. 2026 was 円217,846 Mil. Therefore, Global One Real Estate Investment's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 3.65%.

The historical rank and industry rank for Global One Real Estate Investment's Return-on-Tangible-Asset or its related term are showing as below:

TSE:8958' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.48   Med: 2.31   Max: 4.18
Current: 4.03

During the past 13 years, Global One Real Estate Investment's highest Return-on-Tangible-Asset was 4.18%. The lowest was 1.48%. And the median was 2.31%.

TSE:8958's Return-on-Tangible-Asset is ranked better than
57.73% of 925 companies
in the REITs industry
Industry Median: 3.29 vs TSE:8958: 4.03

Global One Real Estate Investment  (TSE:8958) 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 company’s 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 company’s 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.


Global One Real Estate Investment Return-on-Tangible-Asset Related Terms


Global One Real Estate Investment Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Global One Real Estate 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.

Global One Real Estate Investment Return-on-Tangible-Asset Chart

Global One Real Estate Investment Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.34 2.28 2.99 2.90 4.18

Global One Real Estate Investment Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.09 2.69 3.72 4.59 3.65

TSE:8958 vs BXP, ARE, VNO: Return-on-Tangible-Asset Comparison

For the REIT - Office subindustry, Global One 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.


Global One Real Estate Investment Return-on-Tangible-Asset vs REITs Industry

For the REITs industry and Real Estate sector, Global One Real Estate Investment's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Global One Real Estate Investment's Return-on-Tangible-Asset falls into.


TSE:8958
61GF Score
Global One Real Estate Investment Corp TSE:8958
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Global One Real Estate Investment Return-on-Tangible-Asset Calculation

Global One Real Estate Investment's annualized Return-on-Tangible-Asset for the fiscal year that ended in Sep. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Sep. 2025 )  (A: Sep. 2024 )(A: Sep. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Sep. 2025 )  (A: Sep. 2024 )(A: Sep. 2025 )
=8425.917/( (205756.394+197805.777)/ 2 )
=8425.917/201781.0855
=4.18 %

Global One Real Estate Investment's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=7951.186/( (197805.777+237885.809)/ 2 )
=7951.186/217845.793
=3.65 %

* 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 3.65% mean?
Global One Real Estate Investment (TSE:8958) has a Return-on-Tangible-Asset of 3.65% 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 Global One Real Estate Investment and its competitors. This is 58% above median its historical median of 2.31. Over the past decade, Global One Real Estate Investment's Return-on-Tangible-Asset has ranged from 1.48 to 4.18. According to the industry distribution chart, Global One Real Estate Investment ranks #391 out of 925 companies in the REITs industry, placing it in the top 42.3%.
Is Global One Real Estate Investment's Return-on-Tangible-Asset too high?
Global One Real Estate Investment's current Return-on-Tangible-Asset of 3.65% is 58% above median its 10-year median of 2.31. Over the past 10 years, this metric has ranged from a low of 1.48 to a high of 4.18. The REITs industry median Return-on-Tangible-Asset is 3.29. Global One Real Estate Investment's value of 3.65% is 10.9% above this industry median. Based on the distribution chart, Global One Real Estate Investment ranks #391 out of 925 companies in the REITs industry, which is above the industry midpoint. Overall, Global One Real Estate Investment has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Global One Real Estate Investment's Return-on-Tangible-Asset compare to BXP and ARE?
According to the REITs industry distribution chart, Global One Real Estate Investment ranks #391 out of 925 companies for Return-on-Tangible-Asset. This puts Global One Real Estate Investment in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.29. Global One Real Estate Investment's value of 3.65% is 10.9% above this benchmark. Historically, Global One Real Estate Investment's own Return-on-Tangible-Asset has ranged from 1.48 to 4.18 over the past decade. While the company's 10-year median is 2.31 vs. the industry median of 3.29, Global One 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 3.29, 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. Global One Real Estate Investment's current Return-on-Tangible-Asset of 3.65% is 10.9% 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 Global One Real Estate Investment 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. Global One Real Estate Investment's current Return-on-Tangible-Asset is 3.65%, which is 58% above median its own 10-year median of 2.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Global One Real Estate Investment stock overvalued right now?
Based on GuruFocus' analysis, Global One Real Estate Investment (TSE:8958) is currently considered Modestly Undervalued. The stock's GF Value™ is 円138,850.16, compared to a current price of 円110,000.00 — trading 20.8% below its estimated fair value. The current Return-on-Tangible-Asset is 3.65%, which is 58% above median its 10-year median of 2.31 and 10.9% above the REITs industry median of 3.29. Global One Real Estate Investment's overall GF Score™ is 61/100 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 Global One Real Estate Investment (TSE:8958), the current Return-on-Tangible-Asset is 3.65% 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 Global One Real Estate Investment (TSE:8958) Overvalued in 2026?

Based on GuruFocus' analysis, Global One Real Estate Investment stock appears to be undervalued. The current stock price of 円110,000.00 is trading 20.8% below its estimated GF Value™ of 円138,850.16. GuruFocus considers Global One Real Estate Investment to be Modestly Undervalued.

Key valuation signals for TSE:8958:

  • Return-on-Tangible-Asset: 3.65% (58% above median its 10-year median of 2.31)
  • GF Value™: 円138,850.16 vs. price of 円110,000.00 (20.8% below fair value)
  • GF Score™: 61/100 with 4 warning signs
  • Industry Position: 10.9% above the REITs median (#391 of 925)

No single metric tells the full story. See the TSE:8958 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Global One Real Estate Investment Business Description

Industry Real EstateREITs
Address Otemachi First Square 1-5-1, 13th Floor East Tower, Otemachi, Chiyoda-ku, Tokyo, JPN
Global One Real Estate Investment Corp is a real estate investment company based in Japan focused on pursuing maximum returns for unitholders. Its key watchwords in selecting properties are Conveniently situated; Newly or recently built; and Large office buildings. The group cautiously selects prime properties at prime locations with an sustainable competitiveness in the marketplace.
61GF Score

Get the complete analysis for TSE:8958

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円110,000.00
Price
円138,850.16
GF Value