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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. Mori Hills Reit Investment's annualized net income for the quarter that ended in Jan. 2026 was 円12,249 Mil. Mori Hills Reit Investment's average shareholder tangible equity for the quarter that ended in Jan. 2026 was 円171,752 Mil. Therefore, Mori Hills Reit Investment's annualized Return-on-Tangible-Equity for the quarter that ended in Jan. 2026 was 7.13%.
The historical rank and industry rank for Mori Hills Reit Investment's Return-on-Tangible-Equity or its related term are showing as below:
TSE:3234'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 6.21 Med: 6.73 Max: 7.41
Current: 7.07
During the past 13 years, Mori Hills Reit Investment's highest Return-on-Tangible-Equity was 7.41%. The lowest was 6.21%. And the median was 6.73%.
TSE:3234's Return-on-Tangible-Equity is ranked better than 56.53% of 934
companies
in the REITs industry
Industry Median: 6.275
vs TSE:3234: 7.07
Mori Hills Reit Investment (TSE:3234) 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.
Mori Hills Reit Investment Return-on-Tangible-Equity Related Terms
Mori Hills Reit Investment Return-on-Tangible-Equity 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.
Mori Hills Reit Investment Return-on-Tangible-Equity Chart
TSE:3234 vs VICI, WPC: Return-on-Tangible-Equity Comparison
For the REIT - Diversified subindustry, Mori Hills Reit Investment'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.
Mori Hills Reit Investment Return-on-Tangible-Equity vs REITs Industry
For the REITs industry and Real Estate sector, Mori Hills Reit Investment's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Mori Hills Reit Investment's Return-on-Tangible-Equity 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-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 (Jan. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 7.13% mean?
Mori Hills Reit Investment (TSE:3234) has a Return-on-Tangible-Equity of 7.13% as of Jan. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Mori Hills Reit Investment and its competitors. This is near median its historical median of 6.73. Over the past decade, Mori Hills Reit Investment's Return-on-Tangible-Equity has ranged from 6.21 to 7.41. According to the industry distribution chart, Mori Hills Reit Investment ranks #406 out of 934 companies in the REITs industry, placing it in the top 43.5%.
Is Mori Hills Reit Investment's Return-on-Tangible-Equity too high?
Mori Hills Reit Investment's current Return-on-Tangible-Equity of 7.13% is near median its 10-year median of 6.73. Over the past 10 years, this metric has ranged from a low of 6.21 to a high of 7.41. The REITs industry median Return-on-Tangible-Equity is 6.28. Mori Hills Reit Investment's value of 7.13% is 13.6% above this industry median. Based on the distribution chart, Mori Hills Reit Investment ranks #406 out of 934 companies in the REITs industry, which is above the industry midpoint. Overall, Mori Hills Reit Investment has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mori Hills Reit Investment's Return-on-Tangible-Equity compare to VICI and WPC?
According to the REITs industry distribution chart, Mori Hills Reit Investment ranks #406 out of 934 companies for Return-on-Tangible-Equity. This puts Mori Hills Reit Investment in the upper half of its industry. The industry median Return-on-Tangible-Equity is 6.28. Mori Hills Reit Investment's value of 7.13% is 13.6% above this benchmark. Historically, Mori Hills Reit Investment's own Return-on-Tangible-Equity has ranged from 6.21 to 7.41 over the past decade. While the company's 10-year median is 6.73 vs. the industry median of 6.28, Mori Hills Reit 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-Equity for a REITs company?
The median Return-on-Tangible-Equity among REITs companies is 6.28, 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. Mori Hills Reit Investment's current Return-on-Tangible-Equity of 7.13% is 13.6% 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 Mori Hills Reit Investment and its competitors. For the REITs industry, the median Return-on-Tangible-Equity is 6.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mori Hills Reit Investment's current Return-on-Tangible-Equity is 7.13%, which is near median its own 10-year median of 6.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mori Hills Reit Investment stock overvalued right now?
Based on GuruFocus' analysis, Mori Hills Reit Investment (TSE:3234) is currently considered Fairly Valued. The stock's GF Value™ is 円142,629.38, compared to a current price of 円131,400.00 — trading 7.9% below its estimated fair value. The current Return-on-Tangible-Equity is 7.13%, which is near median its 10-year median of 6.73 and 13.6% above the REITs industry median of 6.28. Mori Hills Reit Investment's overall GF Score™ is 64/100 with 3 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 Mori Hills Reit Investment (TSE:3234), the current Return-on-Tangible-Equity is 7.13% 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 Mori Hills Reit Investment (TSE:3234) Overvalued in 2026?
Based on GuruFocus' analysis, Mori Hills Reit Investment stock appears to be undervalued.
The current stock price of 円131,400.00 is trading 7.9% below its estimated GF Value™ of 円142,629.38.
GuruFocus considers Mori Hills Reit Investment to be Fairly Valued.
Key valuation signals for TSE:3234:
Return-on-Tangible-Equity: 7.13% (near median its 10-year median of 6.73)
GF Value™: 円142,629.38 vs. price of 円131,400.00 (7.9% below fair value)
Industry Position: 13.6% above the REITs median (#406 of 934)
No single metric tells the full story. See the TSE:3234 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mori Hills Reit Investment Corp is engaged in real estate investment, leasing, and management. The firm's primary objective is to secure steady growth in its portfolio and to maximize unitholders' value by making selective investments that mainly target areas and real estate properties. The company's real estate portfolio, as of the end of the twenty-first fiscal period, was comprised of ten properties. The company owns real estate office buildings and residential and retail properties available for lease in Tokyo.
64GF Score
Get the complete analysis for TSE:3234
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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