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Hankyu Hanshin REITTSE:8977 +1.44%58 Return-on-Tangible-Equity is 5.48% as of Nov. 2025, which is 10% above its 10-year median of 4.97. GuruFocus rates TSE:8977 with a GF Score™ of 58/100 and a GF Value™ of 円161,709.09 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 929 REITs companies, Hankyu Hanshin REIT ranks worse than 55.87% 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. Hankyu Hanshin REIT's annualized net income for the quarter that ended in Nov. 2025 was 円4,718 Mil. Hankyu Hanshin REIT's average shareholder tangible equity for the quarter that ended in Nov. 2025 was 円86,065 Mil. Therefore, Hankyu Hanshin REIT's annualized Return-on-Tangible-Equity for the quarter that ended in Nov. 2025 was 5.48%.
The historical rank and industry rank for Hankyu Hanshin REIT's Return-on-Tangible-Equity or its related term are showing as below:
TSE:8977'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 4.47 Med: 4.97 Max: 5.58
Current: 5.58
During the past 13 years, Hankyu Hanshin REIT's highest Return-on-Tangible-Equity was 5.58%. The lowest was 4.47%. And the median was 4.97%.
TSE:8977's Return-on-Tangible-Equity is ranked worse than 55.87% of 929
companies
in the REITs industry
Industry Median: 6.25
vs TSE:8977: 5.58
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.
Hankyu Hanshin REIT Return-on-Tangible-Equity Related Terms
Hankyu Hanshin REIT Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Hankyu Hanshin REIT'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.
TSE:8977 vs VICI, WPC: Return-on-Tangible-Equity Comparison
For the REIT - Diversified subindustry, Hankyu Hanshin REIT'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.
Hankyu Hanshin REIT Return-on-Tangible-Equity vs REITs Industry
For the REITs industry and Real Estate sector, Hankyu Hanshin REIT's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Hankyu Hanshin REIT'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 (Nov. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 5.48% mean?
Hankyu Hanshin REIT (TSE:8977) has a Return-on-Tangible-Equity of 5.48% as of Nov. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Hankyu Hanshin REIT and its competitors. This is 10% above median its historical median of 4.97. Over the past decade, Hankyu Hanshin REIT's Return-on-Tangible-Equity has ranged from 4.47 to 5.58. According to the industry distribution chart, Hankyu Hanshin REIT ranks #519 out of 929 companies in the REITs industry, placing it in the top 55.9%.
Is Hankyu Hanshin REIT's Return-on-Tangible-Equity too high?
Hankyu Hanshin REIT's current Return-on-Tangible-Equity of 5.48% is 10% above median its 10-year median of 4.97. Over the past 10 years, this metric has ranged from a low of 4.47 to a high of 5.58. The REITs industry median Return-on-Tangible-Equity is 6.25. Hankyu Hanshin REIT's value of 5.48% is 12.3% below this industry median. Based on the distribution chart, Hankyu Hanshin REIT ranks #519 out of 929 companies in the REITs industry, which is below the industry midpoint. Overall, Hankyu Hanshin REIT has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hankyu Hanshin REIT's Return-on-Tangible-Equity compare to VICI and WPC?
According to the REITs industry distribution chart, Hankyu Hanshin REIT ranks #519 out of 929 companies for Return-on-Tangible-Equity. This places Hankyu Hanshin REIT in the lower half of its industry. The industry median Return-on-Tangible-Equity is 6.25. Hankyu Hanshin REIT's value of 5.48% is 12.3% below this benchmark. Historically, Hankyu Hanshin REIT's own Return-on-Tangible-Equity has ranged from 4.47 to 5.58 over the past decade. While the company's 10-year median is 4.97 vs. the industry median of 6.25, Hankyu Hanshin REIT 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 6.25, based on 929 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. Hankyu Hanshin REIT's current Return-on-Tangible-Equity of 5.48% is 12.3% 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 Hankyu Hanshin REIT and its competitors. For the REITs industry, the median Return-on-Tangible-Equity is 6.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hankyu Hanshin REIT's current Return-on-Tangible-Equity is 5.48%, which is 10% above median its own 10-year median of 4.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hankyu Hanshin REIT stock overvalued right now?
Based on GuruFocus' analysis, Hankyu Hanshin REIT (TSE:8977) is currently considered Modestly Undervalued. The stock's GF Value™ is 円161,709.09, compared to a current price of 円141,100.00 — trading 12.7% below its estimated fair value. The current Return-on-Tangible-Equity is 5.48%, which is 10% above median its 10-year median of 4.97 and 12.3% below the REITs industry median of 6.25. Hankyu Hanshin REIT's overall GF Score™ is 58/100 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 Hankyu Hanshin REIT (TSE:8977), the current Return-on-Tangible-Equity is 5.48% 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 Hankyu Hanshin REIT (TSE:8977) Overvalued in 2026?
Based on GuruFocus' analysis, Hankyu Hanshin REIT stock appears to be undervalued.
The current stock price of 円141,100.00 is trading 12.7% below its estimated GF Value™ of 円161,709.09.
GuruFocus considers Hankyu Hanshin REIT to be Modestly Undervalued.
Key valuation signals for TSE:8977:
Return-on-Tangible-Equity: 5.48% (10% above median its 10-year median of 4.97)
GF Value™: 円161,709.09 vs. price of 円141,100.00 (12.7% below fair value)
Industry Position: 12.3% below the REITs median (#519 of 929)
No single metric tells the full story. See the TSE:8977 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hankyu Hanshin REIT Inc is a real estate investment trust. The firm manages funds contributed by unitholders by investing them mainly in real estate and real estate backed securities. Its portfolio comprises retail facilities, Office use facilities and Complex facilities. The firm holds the majority of its investments in Kansai region.
58GF Score
Get the complete analysis for TSE:8977
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