FOTRF (Mitsui Fudosan Retail Fund Investment) ROA %: 3.31% (As of Dec. 2025) — Near 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.

FOTRF Mitsui Fudosan Retail Fund Investment Corp FOTRF
60 GF Score
Price $765.00
GF Value $842.65
! 5 Warning Signs
View Full Analysis

What is Mitsui Fudosan Retail Fund Investment ROA %?

Mitsui Fudosan Retail Fund Investment FOTRF 60 ROA % is 3.31% as of Dec. 2025, which is 8% below its 10-year median of 3.60. GuruFocus rates FOTRF with a GF Score™ of 60/100 and a GF Value™ of $842.65. The stock has 5 warning signs investors should review. Among 925 REITs companies, Mitsui Fudosan Retail Fund Investment ranks better than 53.41% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Mitsui Fudosan Retail Fund Investment's annualized Net Income for the quarter that ended in Dec. 2025 was $75.8 Mil. Mitsui Fudosan Retail Fund Investment's average Total Assets over the quarter that ended in Dec. 2025 was $2,286.2 Mil. Therefore, Mitsui Fudosan Retail Fund Investment's annualized ROA % for the quarter that ended in Dec. 2025 was 3.31%.

The historical rank and industry rank for Mitsui Fudosan Retail Fund Investment's ROA % or its related term are showing as below:

FOTRF' s ROA % Range Over the Past 10 Years
Min: 3.46   Med: 3.6   Max: 3.86
Current: 3.47

During the past 13 years, Mitsui Fudosan Retail Fund Investment's highest ROA % was 3.86%. The lowest was 3.46%. And the median was 3.60%.

FOTRF's ROA % is ranked better than
53.41% of 925 companies
in the REITs industry
Industry Median: 3.24 vs FOTRF: 3.47

Mitsui Fudosan Retail Fund Investment  (OTCPK:FOTRF) ROA % Explanation

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=75.776/2286.2345
=(Net Income / Revenue)*(Revenue / Total Assets)
=(75.776 / 155.144)*(155.144 / 2286.2345)
=Net Margin %*Asset Turnover
=48.84 %*0.0679
=3.31 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) revenue 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.


Be Aware

Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


Mitsui Fudosan Retail Fund Investment ROA % Related Terms


Mitsui Fudosan Retail Fund Investment ROA % Historical Data

* Premium members only.

The historical data trend for Mitsui Fudosan Retail Fund Investment's ROA % 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 Retail Fund Investment ROA % Chart

Mitsui Fudosan Retail Fund Investment Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.41 3.09 3.52 3.73 3.46

Mitsui Fudosan Retail Fund Investment Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
ROA % 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 3.41 3.66 3.95 3.59 3.31

FOTRF vs SPG, O, KIM: ROA % Comparison

For the REIT - Retail subindustry, Mitsui Fudosan Retail Fund Investment's ROA %, along with its competitors' market caps and ROA % 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 Retail Fund Investment ROA % vs REITs Industry

For the REITs industry and Real Estate sector, Mitsui Fudosan Retail Fund Investment's ROA % distribution charts can be found below:

* The bar in red indicates where Mitsui Fudosan Retail Fund Investment's ROA % falls into.


FOTRF
60GF Score
Mitsui Fudosan Retail Fund Investment Corp FOTRF
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mitsui Fudosan Retail Fund Investment ROA % Calculation

Mitsui Fudosan Retail Fund Investment's annualized ROA % for the fiscal year that ended in Dec. 2025 is calculated as:

ROA %=Net Income (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=75.611/( (2166.965+2199.233)/ 2 )
=75.611/2183.099
=3.46 %

Mitsui Fudosan Retail Fund Investment's annualized ROA % for the quarter that ended in Dec. 2025 is calculated as:

ROA %=Net Income (Q: Dec. 2025 )/( (Total Assets (Q: Jun. 2025 )+Total Assets (Q: Dec. 2025 ))/ count )
=75.776/( (2373.236+2199.233)/ 2 )
=75.776/2286.2345
=3.31 %

* 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 ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is two times the semi-annual (Dec. 2025) net income data. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 3.31% mean?
Mitsui Fudosan Retail Fund Investment (FOTRF) has a ROA % of 3.31% as of Dec. 2025. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Mitsui Fudosan Retail Fund Investment and its competitors. This is near median its historical median of 3.60. Over the past decade, Mitsui Fudosan Retail Fund Investment's ROA % has ranged from 3.46 to 3.86. According to the industry distribution chart, Mitsui Fudosan Retail Fund Investment ranks #431 out of 925 companies in the REITs industry, placing it in the top 46.6%.
Is Mitsui Fudosan Retail Fund Investment's ROA % too high?
Mitsui Fudosan Retail Fund Investment's current ROA % of 3.31% is near median its 10-year median of 3.60. Over the past 10 years, this metric has ranged from a low of 3.46 to a high of 3.86. The REITs industry median ROA % is 3.24. Mitsui Fudosan Retail Fund Investment's value of 3.31% is 2.2% above this industry median. Based on the distribution chart, Mitsui Fudosan Retail Fund Investment ranks #431 out of 925 companies in the REITs industry, which is above the industry midpoint. Overall, Mitsui Fudosan Retail Fund Investment has a GF Score™ of 60/100, reflecting its overall financial health beyond just this single metric.
How does Mitsui Fudosan Retail Fund Investment's ROA % compare to SPG and O?
According to the REITs industry distribution chart, Mitsui Fudosan Retail Fund Investment ranks #431 out of 925 companies for ROA %. This puts Mitsui Fudosan Retail Fund Investment in the upper half of its industry. The industry median ROA % is 3.24. Mitsui Fudosan Retail Fund Investment's value of 3.31% is 2.2% above this benchmark. Historically, Mitsui Fudosan Retail Fund Investment's own ROA % has ranged from 3.46 to 3.86 over the past decade. While the company's 10-year median is 3.60 vs. the industry median of 3.24, Mitsui Fudosan Retail 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 ROA % for a REITs company?
The median ROA % among REITs companies is 3.24, based on 925 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mitsui Fudosan Retail Fund Investment's current ROA % of 3.31% is 2.2% 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Mitsui Fudosan Retail Fund Investment and its competitors. For the REITs industry, the median ROA % is 3.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mitsui Fudosan Retail Fund Investment's current ROA % is 3.31%, which is near median its own 10-year median of 3.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mitsui Fudosan Retail Fund Investment stock overvalued right now?
Mitsui Fudosan Retail Fund Investment (FOTRF) has a current ROA % of 3.31%. The stock's GF Value™ is $842.65, compared to a current price of $765.00 — trading 9.2% below its estimated fair value. The current ROA % is 3.31%, which is near median its 10-year median of 3.60 and 2.2% above the REITs industry median of 3.24. Mitsui Fudosan Retail Fund Investment's overall GF Score™ is 60/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Mitsui Fudosan Retail Fund Investment (FOTRF), the current ROA % is 3.31% as of Dec. 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 Mitsui Fudosan Retail Fund Investment (FOTRF) Overvalued in 2026?

Based on GuruFocus' analysis, Mitsui Fudosan Retail Fund Investment stock appears to be undervalued. The current stock price of $765.00 is trading 9.2% below its estimated GF Value™ of $842.65.

Key valuation signals for FOTRF:

  • ROA %: 3.31% (near median its 10-year median of 3.60)
  • GF Value™: $842.65 vs. price of $765.00 (9.2% below fair value)
  • GF Score™: 60/100 with 5 warning signs
  • Industry Position: 2.2% above the REITs median (#431 of 925)

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


Mitsui Fudosan Retail Fund Investment Business Description

Industry Real EstateREITs
Other Exchanges 8964:Japan
Address Kojun Building, 6th Floor, 6-8-7 Ginza, Chuo-ku, Tokyo, JPN, 104-0061
Frontier Real Estate Investment Corp is a real estate investment trust specializing in retail facilities. The company mainly invests in commercial buildings in the metropolitan area and local cities. The company aims at stable earnings and steady asset growth from midterm to long-term perspectives. Its property portfolio consists of AEON Shinagawa Seaside Shopping Center, AEON MALL Ibaraki, Papillon Plaza, Kamiikedai Tokyu Store, and Belltown Tambaguchi Eki-mae Store, among others.
60GF Score

Get the complete analysis for FOTRF

ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$765.00
Price
$842.65
GF Value