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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. CENTRAL REIT Investment's annualized net income for the quarter that ended in Feb. 2026 was 円1,617 Mil. CENTRAL REIT Investment's average shareholder tangible equity for the quarter that ended in Feb. 2026 was 円26,333 Mil. Therefore, CENTRAL REIT Investment's annualized Return-on-Tangible-Equity for the quarter that ended in Feb. 2026 was 6.14%.
The historical rank and industry rank for CENTRAL REIT Investment's Return-on-Tangible-Equity or its related term are showing as below:
TSE:3488'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 2.52 Med: 6.11 Max: 7.54
Current: 6.13
During the past 8 years, CENTRAL REIT Investment's highest Return-on-Tangible-Equity was 7.54%. The lowest was 2.52%. And the median was 6.11%.
TSE:3488's Return-on-Tangible-Equity is ranked worse than 51.61% of 934
companies
in the REITs industry
Industry Median: 6.275
vs TSE:3488: 6.13
CENTRAL REIT Investment (TSE:3488) 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.
CENTRAL REIT Investment Return-on-Tangible-Equity Related Terms
CENTRAL REIT Investment Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for CENTRAL REIT Investment'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.
CENTRAL REIT Investment Return-on-Tangible-Equity Chart
TSE:3488 vs VICI, WPC, BNL: Return-on-Tangible-Equity Comparison
For the REIT - Diversified subindustry, CENTRAL 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.
CENTRAL REIT Investment Return-on-Tangible-Equity vs REITs Industry
For the REITs industry and Real Estate sector, CENTRAL REIT Investment's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where CENTRAL 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 (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 6.14% mean?
CENTRAL REIT Investment (TSE:3488) has a Return-on-Tangible-Equity of 6.14% 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 CENTRAL REIT Investment and its competitors. This is near median its historical median of 6.11. Over the past decade, CENTRAL REIT Investment's Return-on-Tangible-Equity has ranged from 2.52 to 7.54. According to the industry distribution chart, CENTRAL REIT Investment ranks #482 out of 934 companies in the REITs industry, placing it in the top 51.6%.
Is CENTRAL REIT Investment's Return-on-Tangible-Equity too high?
CENTRAL REIT Investment's current Return-on-Tangible-Equity of 6.14% is near median its 10-year median of 6.11. Over the past 10 years, this metric has ranged from a low of 2.52 to a high of 7.54. The REITs industry median Return-on-Tangible-Equity is 6.28. CENTRAL REIT Investment's value of 6.14% is 2.2% below this industry median. Based on the distribution chart, CENTRAL REIT Investment ranks #482 out of 934 companies in the REITs industry, which is below the industry midpoint. Overall, CENTRAL REIT Investment has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CENTRAL REIT Investment's Return-on-Tangible-Equity compare to VICI and WPC?
According to the REITs industry distribution chart, CENTRAL REIT Investment ranks #482 out of 934 companies for Return-on-Tangible-Equity. This places CENTRAL REIT Investment in the lower half of its industry. The industry median Return-on-Tangible-Equity is 6.28. CENTRAL REIT Investment's value of 6.14% is 2.2% below this benchmark. Historically, CENTRAL REIT Investment's own Return-on-Tangible-Equity has ranged from 2.52 to 7.54 over the past decade. While the company's 10-year median is 6.11 vs. the industry median of 6.28, CENTRAL REIT Investment 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-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. CENTRAL REIT Investment's current Return-on-Tangible-Equity of 6.14% is 2.2% 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-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 CENTRAL 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. CENTRAL REIT Investment's current Return-on-Tangible-Equity is 6.14%, which is near median its own 10-year median of 6.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CENTRAL REIT Investment stock overvalued right now?
Based on GuruFocus' analysis, CENTRAL REIT Investment (TSE:3488) is currently considered Modestly Undervalued. The stock's GF Value™ is 円131,671.36, compared to a current price of 円105,900.00 — trading 19.6% below its estimated fair value. The current Return-on-Tangible-Equity is 6.14%, which is near median its 10-year median of 6.11 and 2.2% below the REITs industry median of 6.28. CENTRAL REIT Investment's overall GF Score™ is 64/100 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 CENTRAL REIT Investment (TSE:3488), the current Return-on-Tangible-Equity is 6.14% 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 CENTRAL REIT Investment (TSE:3488) Overvalued in 2026?
Based on GuruFocus' analysis, CENTRAL REIT Investment stock appears to be undervalued.
The current stock price of 円105,900.00 is trading 19.6% below its estimated GF Value™ of 円131,671.36.
GuruFocus considers CENTRAL REIT Investment to be Modestly Undervalued.
Key valuation signals for TSE:3488:
Return-on-Tangible-Equity: 6.14% (near median its 10-year median of 6.11)
GF Value™: 円131,671.36 vs. price of 円105,900.00 (19.6% below fair value)
Industry Position: 2.2% below the REITs median (#482 of 934)
No single metric tells the full story. See the TSE:3488 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CENTRAL REIT Investment Corp, formerly XYMAX REIT Investment Corp works as a real estate manager. The company offers a range of services including leasing, managing, brokerage, consulting, and other services. It operates properties including office, retail, logistics and hotel buildings based on contract.
64GF Score
Get the complete analysis for TSE:3488
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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