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The historical rank and industry rank for Japan Infrastructure Fund Investment's Return-on-Tangible-Asset or its related term are showing as below:
TSE:9287'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.78 Med: 2.33 Max: 2.67
Current: 1.78
During the past 5 years, Japan Infrastructure Fund Investment's highest Return-on-Tangible-Asset was 2.67%. The lowest was 1.78%. And the median was 2.33%.
Japan Infrastructure Fund Investment (TSE:9287) 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.
Japan Infrastructure Fund Investment Return-on-Tangible-Asset Related Terms
Japan Infrastructure Fund Investment Return-on-Tangible-Asset Historical Data
* 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.
Japan Infrastructure Fund Investment Return-on-Tangible-Asset Chart
Japan Infrastructure Fund Investment Annual Data
Trend
Nov21
Nov22
Nov23
Nov24
Nov25
Return-on-Tangible-Asset
2.35
2.67
2.33
2.27
1.79
Japan Infrastructure Fund Investment Semi-Annual Data
Japan Infrastructure Fund Investment Return-on-Tangible-Asset Competitor Comparison
For the Utilities - Renewable subindustry, Japan Infrastructure Fund 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.
Japan Infrastructure Fund Investment Return-on-Tangible-Asset vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Japan Infrastructure Fund Investment's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Japan Infrastructure Fund 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 (Nov. 2025) net income data.
What does a Return-on-Tangible-Asset of 2.00% mean?
Japan Infrastructure Fund Investment (TSE:9287) has a Return-on-Tangible-Asset of 2.00% as of Nov. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Japan Infrastructure Fund Investment and its competitors. This is 14% below median its historical median of 2.33. Over the past decade, Japan Infrastructure Fund Investment's Return-on-Tangible-Asset has ranged from 1.78 to 2.67.
Is Japan Infrastructure Fund Investment's Return-on-Tangible-Asset too high?
Japan Infrastructure Fund Investment's current Return-on-Tangible-Asset of 2.00% is 14% below median its 10-year median of 2.33. Over the past 10 years, this metric has ranged from a low of 1.78 to a high of 2.67. The Utilities - Independent Power Producers industry median Return-on-Tangible-Asset is 1.17. Japan Infrastructure Fund Investment's value of 2.00% is 71.7% above this industry median. Overall, Japan Infrastructure Fund Investment has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Japan Infrastructure Fund Investment's Return-on-Tangible-Asset compare to competitors?
Japan Infrastructure Fund Investment's Return-on-Tangible-Asset of 2.00% can be compared against companies in the Utilities - Independent Power Producers industry. The industry median Return-on-Tangible-Asset is 1.17. Japan Infrastructure Fund Investment's value of 2.00% is 71.7% above this benchmark. Historically, Japan Infrastructure Fund Investment's own Return-on-Tangible-Asset has ranged from 1.78 to 2.67 over the past decade. While the company's 10-year median is 2.33 vs. the industry median of 1.17, Japan Infrastructure Fund 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 an Utilities - Independent Power Producers company?
The median Return-on-Tangible-Asset among Utilities - Independent Power Producers companies is 1.17, based on 456 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. Japan Infrastructure Fund Investment's current Return-on-Tangible-Asset of 2.00% is 71.7% 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 Japan Infrastructure Fund Investment and its competitors. For the Utilities - Independent Power Producers industry, the median Return-on-Tangible-Asset is 1.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Japan Infrastructure Fund Investment's current Return-on-Tangible-Asset is 2.00%, which is 14% below median its own 10-year median of 2.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Japan Infrastructure Fund Investment stock overvalued right now?
Japan Infrastructure Fund Investment (TSE:9287) has a current Return-on-Tangible-Asset of 2.00%. The stock's GF Value™ is 円81,843.87, compared to a current price of 円66,700.00 — trading 18.5% below its estimated fair value. The current Return-on-Tangible-Asset is 2.00%, which is 14% below median its 10-year median of 2.33 and 71.7% above the Utilities - Independent Power Producers industry median of 1.17. Japan Infrastructure Fund Investment's overall GF Score™ is 34/100 with 9 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 Japan Infrastructure Fund Investment (TSE:9287), the current Return-on-Tangible-Asset is 2.00% as of Nov. 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 Japan Infrastructure Fund Investment (TSE:9287) Overvalued in 2026?
Based on GuruFocus' analysis, Japan Infrastructure Fund Investment stock appears to be undervalued.
The current stock price of 円66,700.00 is trading 18.5% below its estimated GF Value™ of 円81,843.87.
Key valuation signals for TSE:9287:
Return-on-Tangible-Asset: 2.00% (14% below median its 10-year median of 2.33)
GF Value™: 円81,843.87 vs. price of 円66,700.00 (18.5% below fair value)
Industry Position: 71.7% above the Utilities - Independent Power Producers median
No single metric tells the full story. See the TSE:9287 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Japan Infrastructure Fund Investment Corp engages in the provision of investment management services. It focuses its investments on solar power generation facilities.
34GF Score
Get the complete analysis for TSE:9287
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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