Japan Metropolitan Fund Investment (TSE:8953) Return-on-Tangible-Equity: 7.48% (As of Feb. 2026) — 37% Above Median

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TSE:8953 Japan Metropolitan Fund Investment Corp TSE:8953
73 GF Score
Price 円118,300.00
GF Value 円115,138.58
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is Japan Metropolitan Fund Investment Return-on-Tangible-Equity?

Japan Metropolitan Fund Investment TSE:8953 +1.02% 73 Return-on-Tangible-Equity is 7.48% as of Feb. 2026, which is 37% above its 10-year median of 5.46. GuruFocus rates TSE:8953 with a GF Score™ of 73/100 and a GF Value™ of 円115,138.58 (Fairly Valued). The stock has 7 warning signs investors should review. Among 927 REITs companies, Japan Metropolitan Fund Investment ranks better than 57.28% 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. Japan Metropolitan Fund Investment's annualized net income for the quarter that ended in Feb. 2026 was 円47,391 Mil. Japan Metropolitan Fund Investment's average shareholder tangible equity for the quarter that ended in Feb. 2026 was 円633,556 Mil. Therefore, Japan Metropolitan Fund Investment's annualized Return-on-Tangible-Equity for the quarter that ended in Feb. 2026 was 7.48%.

The historical rank and industry rank for Japan Metropolitan Fund Investment's Return-on-Tangible-Equity or its related term are showing as below:

TSE:8953' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 4.94   Med: 5.46   Max: 7.18
Current: 7.18

During the past 13 years, Japan Metropolitan Fund Investment's highest Return-on-Tangible-Equity was 7.18%. The lowest was 4.94%. And the median was 5.46%.

TSE:8953's Return-on-Tangible-Equity is ranked better than
57.28% of 927 companies
in the REITs industry
Industry Median: 6.27 vs TSE:8953: 7.18

Japan Metropolitan Fund Investment  (TSE:8953) 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.


Japan Metropolitan Fund Investment Return-on-Tangible-Equity Related Terms


Japan Metropolitan Fund Investment Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Japan Metropolitan Fund 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.

Japan Metropolitan Fund Investment Return-on-Tangible-Equity Chart

Japan Metropolitan Fund Investment Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.81 4.94 5.41 5.29 5.24

Japan Metropolitan Fund Investment 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 5.29 5.18 6.41 6.88 7.48

TSE:8953 vs SPG, O, KIM: Return-on-Tangible-Equity Comparison

For the REIT - Retail subindustry, Japan Metropolitan Fund 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.


Japan Metropolitan Fund Investment Return-on-Tangible-Equity vs REITs Industry

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

* The bar in red indicates where Japan Metropolitan Fund Investment's Return-on-Tangible-Equity falls into.


TSE:8953
73GF Score
Japan Metropolitan Fund Investment Corp TSE:8953
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Japan Metropolitan Fund Investment Return-on-Tangible-Equity Calculation

Japan Metropolitan Fund Investment's annualized Return-on-Tangible-Equity for the fiscal year that ended in Aug. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Aug. 2024 )  (A: Aug. 2023 )(A: Aug. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Aug. 2024 )  (A: Aug. 2023 )(A: Aug. 2024 )
=31712.396/( (605208.003+605430.486 )/ 2 )
=31712.396/605319.2445
=5.24 %

Japan Metropolitan Fund Investment'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 )
=47390.692/( (631454.769+635656.281)/ 2 )
=47390.692/633555.525
=7.48 %

* 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 7.48% mean?
Japan Metropolitan Fund Investment (TSE:8953) has a Return-on-Tangible-Equity of 7.48% 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 Japan Metropolitan Fund Investment and its competitors. This is 37% above median its historical median of 5.46. Over the past decade, Japan Metropolitan Fund Investment's Return-on-Tangible-Equity has ranged from 4.94 to 7.18. According to the industry distribution chart, Japan Metropolitan Fund Investment ranks #396 out of 927 companies in the REITs industry, placing it in the top 42.7%.
Is Japan Metropolitan Fund Investment's Return-on-Tangible-Equity too high?
Japan Metropolitan Fund Investment's current Return-on-Tangible-Equity of 7.48% is 37% above median its 10-year median of 5.46. Over the past 10 years, this metric has ranged from a low of 4.94 to a high of 7.18. The REITs industry median Return-on-Tangible-Equity is 6.27. Japan Metropolitan Fund Investment's value of 7.48% is 19.3% above this industry median. Based on the distribution chart, Japan Metropolitan Fund Investment ranks #396 out of 927 companies in the REITs industry, which is above the industry midpoint. Overall, Japan Metropolitan Fund Investment has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Japan Metropolitan Fund Investment's Return-on-Tangible-Equity compare to SPG and O?
According to the REITs industry distribution chart, Japan Metropolitan Fund Investment ranks #396 out of 927 companies for Return-on-Tangible-Equity. This puts Japan Metropolitan Fund Investment in the upper half of its industry. The industry median Return-on-Tangible-Equity is 6.27. Japan Metropolitan Fund Investment's value of 7.48% is 19.3% above this benchmark. Historically, Japan Metropolitan Fund Investment's own Return-on-Tangible-Equity has ranged from 4.94 to 7.18 over the past decade. While the company's 10-year median is 5.46 vs. the industry median of 6.27, Japan Metropolitan 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-Equity for a REITs company?
The median Return-on-Tangible-Equity among REITs companies is 6.27, based on 927 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. Japan Metropolitan Fund Investment's current Return-on-Tangible-Equity of 7.48% is 19.3% 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 Japan Metropolitan Fund Investment and its competitors. For the REITs industry, the median Return-on-Tangible-Equity is 6.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Japan Metropolitan Fund Investment's current Return-on-Tangible-Equity is 7.48%, which is 37% above median its own 10-year median of 5.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Japan Metropolitan Fund Investment stock overvalued right now?
Based on GuruFocus' analysis, Japan Metropolitan Fund Investment (TSE:8953) is currently considered Fairly Valued. The stock's GF Value™ is 円115,138.58, compared to a current price of 円118,300.00 — trading 2.7% above its estimated fair value. The current Return-on-Tangible-Equity is 7.48%, which is 37% above median its 10-year median of 5.46 and 19.3% above the REITs industry median of 6.27. Japan Metropolitan Fund Investment's overall GF Score™ is 73/100 with 7 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 Japan Metropolitan Fund Investment (TSE:8953), the current Return-on-Tangible-Equity is 7.48% 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 Japan Metropolitan Fund Investment (TSE:8953) Overvalued in 2026?

Based on GuruFocus' analysis, Japan Metropolitan Fund Investment stock appears to be overvalued. The current stock price of 円118,300.00 is trading 2.7% above its estimated GF Value™ of 円115,138.58. GuruFocus considers Japan Metropolitan Fund Investment to be Fairly Valued.

Key valuation signals for TSE:8953:

  • Return-on-Tangible-Equity: 7.48% (37% above median its 10-year median of 5.46)
  • GF Value™: 円115,138.58 vs. price of 円118,300.00 (2.7% above fair value)
  • GF Score™: 73/100 with 7 warning signs
  • Industry Position: 19.3% above the REITs median (#396 of 927)

No single metric tells the full story. See the TSE:8953 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Japan Metropolitan Fund Investment Business Description

Industry Real EstateREITs
Other Exchanges 59JA:Germany
Address Tokyo Building 7-3, Marunouchi 2-chome, Chiyoda-ku, Tokyo, JPN, 100-6420
Japan Metropolitan Fund Investment Corp is a diversified REIT investing in real estate properties serving as a foundation of urban lives. Its portfolio includes urban retail, mixed-use, office, residence, hotel and suburban retail.
73GF Score

Get the complete analysis for TSE:8953

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

円118,300.00
Price
円115,138.58
GF Value