NIPPF (Mitsui Fudosan Accommodations Fund) Return-on-Tangible-Equity: 8.15% (As of Feb. 2026) — 19% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NIPPF Mitsui Fudosan Accommodations Fund Inc NIPPF
55 GF Score
Price $920.66
GF Value $934.55
! 4 Warning Signs
View Full Analysis

What is Mitsui Fudosan Accommodations Fund Return-on-Tangible-Equity?

Mitsui Fudosan Accommodations Fund NIPPF 55 Return-on-Tangible-Equity is 8.15% as of Feb. 2026, which is 19% above its 10-year median of 6.85. GuruFocus rates NIPPF with a GF Score™ of 55/100 and a GF Value™ of $934.55. The stock has 4 warning signs investors should review. Among 934 REITs companies, Mitsui Fudosan Accommodations Fund ranks better than 63.28% on this metric.

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Mitsui Fudosan Accommodations Fund's annualized net income for the quarter that ended in Feb. 2026 was $81.9 Mil. Mitsui Fudosan Accommodations Fund's average shareholder tangible equity for the quarter that ended in Feb. 2026 was $1,005.0 Mil. Therefore, Mitsui Fudosan Accommodations Fund's annualized Return-on-Tangible-Equity for the quarter that ended in Feb. 2026 was 8.15%.

The historical rank and industry rank for Mitsui Fudosan Accommodations Fund's Return-on-Tangible-Equity or its related term are showing as below:

NIPPF' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 3.86   Med: 6.85   Max: 8.04
Current: 8.04

During the past 13 years, Mitsui Fudosan Accommodations Fund's highest Return-on-Tangible-Equity was 8.04%. The lowest was 3.86%. And the median was 6.85%.

NIPPF's Return-on-Tangible-Equity is ranked better than
63.28% of 934 companies
in the REITs industry
Industry Median: 6.225 vs NIPPF: 8.04

Mitsui Fudosan Accommodations Fund  (OTCPK:NIPPF) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Mitsui Fudosan Accommodations Fund Return-on-Tangible-Equity Related Terms


Mitsui Fudosan Accommodations Fund Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Mitsui Fudosan Accommodations Fund's Return-on-Tangible-Equity 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.

Mitsui Fudosan Accommodations Fund Return-on-Tangible-Equity Chart

Mitsui Fudosan Accommodations Fund Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.65 6.30 7.25 7.45 3.84

Mitsui Fudosan Accommodations Fund Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
Return-on-Tangible-Equity 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 7.49 7.44 7.51 7.82 8.15

NIPPF vs AVB, EQR, ESS: Return-on-Tangible-Equity Comparison

For the REIT - Residential subindustry, Mitsui Fudosan Accommodations Fund's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.


Mitsui Fudosan Accommodations Fund Return-on-Tangible-Equity vs REITs Industry

For the REITs industry and Real Estate sector, Mitsui Fudosan Accommodations Fund's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Mitsui Fudosan Accommodations Fund's Return-on-Tangible-Equity falls into.


NIPPF
55GF Score
Mitsui Fudosan Accommodations Fund Inc NIPPF
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mitsui Fudosan Accommodations Fund Return-on-Tangible-Equity Calculation

Mitsui Fudosan Accommodations Fund's annualized Return-on-Tangible-Equity for the fiscal year that ended in Aug. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Aug. 2025 )  (A: Aug. 2024 )(A: Aug. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Aug. 2025 )  (A: Aug. 2024 )(A: Aug. 2025 )
=39.674/( (1035.314+1028.692 )/ 2 )
=39.674/1032.003
=3.84 %

Mitsui Fudosan Accommodations Fund's annualized Return-on-Tangible-Equity for the quarter that ended in Feb. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Feb. 2026 )  (Q: Aug. 2025 )(Q: Feb. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Feb. 2026 )  (Q: Aug. 2025 )(Q: Feb. 2026 )
=81.922/( (1028.692+981.375)/ 2 )
=81.922/1005.0335
=8.15 %

* 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is two times the semi-annual (Feb. 2026) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 8.15% mean?
Mitsui Fudosan Accommodations Fund (NIPPF) has a Return-on-Tangible-Equity of 8.15% as of Feb. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Mitsui Fudosan Accommodations Fund and its competitors. This is 19% above median its historical median of 6.85. Over the past decade, Mitsui Fudosan Accommodations Fund's Return-on-Tangible-Equity has ranged from 3.86 to 8.04. According to the industry distribution chart, Mitsui Fudosan Accommodations Fund ranks #343 out of 934 companies in the REITs industry, placing it in the top 36.7%.
Is Mitsui Fudosan Accommodations Fund's Return-on-Tangible-Equity too high?
Mitsui Fudosan Accommodations Fund's current Return-on-Tangible-Equity of 8.15% is 19% above median its 10-year median of 6.85. Over the past 10 years, this metric has ranged from a low of 3.86 to a high of 8.04. The REITs industry median Return-on-Tangible-Equity is 6.23. Mitsui Fudosan Accommodations Fund's value of 8.15% is 30.9% above this industry median. Based on the distribution chart, Mitsui Fudosan Accommodations Fund ranks #343 out of 934 companies in the REITs industry, which is above the industry midpoint. Overall, Mitsui Fudosan Accommodations Fund has a GF Score™ of 55/100, reflecting its overall financial health beyond just this single metric.
How does Mitsui Fudosan Accommodations Fund's Return-on-Tangible-Equity compare to AVB and EQR?
According to the REITs industry distribution chart, Mitsui Fudosan Accommodations Fund ranks #343 out of 934 companies for Return-on-Tangible-Equity. This puts Mitsui Fudosan Accommodations Fund in the upper half of its industry. The industry median Return-on-Tangible-Equity is 6.23. Mitsui Fudosan Accommodations Fund's value of 8.15% is 30.9% above this benchmark. Historically, Mitsui Fudosan Accommodations Fund's own Return-on-Tangible-Equity has ranged from 3.86 to 8.04 over the past decade. While the company's 10-year median is 6.85 vs. the industry median of 6.23, Mitsui Fudosan Accommodations Fund 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-Equity for a REITs company?
The median Return-on-Tangible-Equity among REITs companies is 6.23, based on 934 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mitsui Fudosan Accommodations Fund's current Return-on-Tangible-Equity of 8.15% is 30.9% 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-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Mitsui Fudosan Accommodations Fund and its competitors. For the REITs industry, the median Return-on-Tangible-Equity is 6.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mitsui Fudosan Accommodations Fund's current Return-on-Tangible-Equity is 8.15%, which is 19% above median its own 10-year median of 6.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mitsui Fudosan Accommodations Fund stock overvalued right now?
Mitsui Fudosan Accommodations Fund (NIPPF) has a current Return-on-Tangible-Equity of 8.15%. The stock's GF Value™ is $934.55, compared to a current price of $920.66 — trading 1.5% below its estimated fair value. The current Return-on-Tangible-Equity is 8.15%, which is 19% above median its 10-year median of 6.85 and 30.9% above the REITs industry median of 6.23. Mitsui Fudosan Accommodations Fund's overall GF Score™ is 55/100 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-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Mitsui Fudosan Accommodations Fund (NIPPF), the current Return-on-Tangible-Equity is 8.15% as of Feb. 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 Mitsui Fudosan Accommodations Fund (NIPPF) Overvalued in 2026?

Based on GuruFocus' analysis, Mitsui Fudosan Accommodations Fund stock appears to be undervalued. The current stock price of $920.66 is trading 1.5% below its estimated GF Value™ of $934.55.

Key valuation signals for NIPPF:

  • Return-on-Tangible-Equity: 8.15% (19% above median its 10-year median of 6.85)
  • GF Value™: $934.55 vs. price of $920.66 (1.5% below fair value)
  • GF Score™: 55/100 with 4 warning signs
  • Industry Position: 30.9% above the REITs median (#343 of 934)

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


Mitsui Fudosan Accommodations Fund Business Description

Industry Real EstateREITs
Other Exchanges 3226:Japan
Address 1-4-1 Nihonbashi, Nihonbashi 1-chome Mitsui Building, Chuo-ku, Tokyo, JPN, 103-0022
Mitsui Fudosan Accommodations Fund Inc is a J-REIT that invests in Accommodation Assets, which it defines as real estate that is mainly used for residence or hotels. It invests in accommodation properties mainly located in Metropolitan areas, as well as government-decreed regional hub cities. The company's investment property portfolio includes Okawabata Rental Building, Park Axis Gakugei University, Park Axis Minamiazabu, Park Axis Okachimachi, Smile Hotel Matsuyama, and others.
55GF Score

Get the complete analysis for NIPPF

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

$920.66
Price
$934.55
GF Value