Industrial & Infrastructure Fund Investment (FRA:2ES) ROA %: 3.78% (As of Jan. 2026) — 17% Above Median


FRA:2ES Industrial & Infrastructure Fund Investment Corp FRA:2ES
76 GF Score
Price €770.00
GF Value €759.39
! 7 Warning Signs
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What is Industrial & Infrastructure Fund Investment ROA %?

Industrial & Infrastructure Fund Investment FRA:2ES +1.32% 76 ROA % is 3.78% as of Jan. 2026, which is 17% above its 10-year median of 3.22. GuruFocus rates FRA:2ES with a GF Score™ of 76/100 and a GF Value™ of €759.39. The stock has 7 warning signs investors should review. Among 938 REITs companies, Industrial & Infrastructure Fund Investment ranks better than 55.01% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Industrial & Infrastructure Fund Investment's annualized Net Income for the quarter that ended in Jan. 2026 was €119.1 Mil. Industrial & Infrastructure Fund Investment's average Total Assets over the quarter that ended in Jan. 2026 was €3,151.0 Mil. Therefore, Industrial & Infrastructure Fund Investment's annualized ROA % for the quarter that ended in Jan. 2026 was 3.78%.

The historical rank and industry rank for Industrial & Infrastructure Fund Investment's ROA % or its related term are showing as below:

FRA:2ES' s ROA % Range Over the Past 10 Years
Min: 2.98   Med: 3.22   Max: 3.63
Current: 3.63

During the past 13 years, Industrial & Infrastructure Fund Investment's highest ROA % was 3.63%. The lowest was 2.98%. And the median was 3.22%.

FRA:2ES's ROA % is ranked better than
55.01% of 938 companies
in the REITs industry
Industry Median: 3.22 vs FRA:2ES: 3.63

Industrial & Infrastructure Fund Investment  (FRA:2ES) 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: Jan. 2026 )
=Net Income/Total Assets
=119.144/3150.965
=(Net Income / Revenue)*(Revenue / Total Assets)
=(119.144 / 261.008)*(261.008 / 3150.965)
=Net Margin %*Asset Turnover
=45.65 %*0.0828
=3.78 %

Note: The Net Income data used here is two times the semi-annual (Jan. 2026) net income data. The Revenue data used here is two times the semi-annual (Jan. 2026) 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.


Industrial & Infrastructure Fund Investment ROA % Related Terms


Industrial & Infrastructure Fund Investment ROA % Historical Data

* Premium members only.

The historical data trend for Industrial & Infrastructure 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.

Industrial & Infrastructure Fund Investment ROA % Chart

Industrial & Infrastructure Fund Investment Annual Data
Trend Dec16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.45 2.88 2.96 3.09 3.25

Industrial & Infrastructure Fund Investment Semi-Annual Data
Jun16 Dec16 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
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 3.27 3.38 3.26 3.25 3.78

FRA:2ES vs PLD, PSA, EXR: ROA % Comparison

For the REIT - Industrial subindustry, Industrial & Infrastructure 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.


Industrial & Infrastructure Fund Investment ROA % vs REITs Industry

For the REITs industry and Real Estate sector, Industrial & Infrastructure Fund Investment's ROA % distribution charts can be found below:

* The bar in red indicates where Industrial & Infrastructure Fund Investment's ROA % falls into.


FRA:2ES
76GF Score
Industrial & Infrastructure Fund Investment Corp FRA:2ES
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
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Industrial & Infrastructure Fund Investment ROA % Calculation

Industrial & Infrastructure Fund Investment's annualized ROA % for the fiscal year that ended in Jul. 2025 is calculated as:

ROA %=Net Income (A: Jul. 2025 )/( (Total Assets (A: Jul. 2024 )+Total Assets (A: Jul. 2025 ))/ count )
=105.401/( (3251.136+3226.092)/ 2 )
=105.401/3238.614
=3.25 %

Industrial & Infrastructure Fund Investment's annualized ROA % for the quarter that ended in Jan. 2026 is calculated as:

ROA %=Net Income (Q: Jan. 2026 )/( (Total Assets (Q: Jul. 2025 )+Total Assets (Q: Jan. 2026 ))/ count )
=119.144/( (3226.092+3075.838)/ 2 )
=119.144/3150.965
=3.78 %

* 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 (Jan. 2026) net income data. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 3.78% mean?
Industrial & Infrastructure Fund Investment (FRA:2ES) has a ROA % of 3.78% as of Jan. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Industrial & Infrastructure Fund Investment and its competitors. This is 17% above median its historical median of 3.22. Over the past decade, Industrial & Infrastructure Fund Investment's ROA % has ranged from 2.98 to 3.63. According to the industry distribution chart, Industrial & Infrastructure Fund Investment ranks #422 out of 938 companies in the REITs industry, placing it in the top 45%.
Is Industrial & Infrastructure Fund Investment's ROA % too high?
Industrial & Infrastructure Fund Investment's current ROA % of 3.78% is 17% above median its 10-year median of 3.22. Over the past 10 years, this metric has ranged from a low of 2.98 to a high of 3.63. The REITs industry median ROA % is 3.22. Industrial & Infrastructure Fund Investment's value of 3.78% is 17.4% above this industry median. Based on the distribution chart, Industrial & Infrastructure Fund Investment ranks #422 out of 938 companies in the REITs industry, which is above the industry midpoint. Overall, Industrial & Infrastructure Fund Investment has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does Industrial & Infrastructure Fund Investment's ROA % compare to PLD and PSA?
According to the REITs industry distribution chart, Industrial & Infrastructure Fund Investment ranks #422 out of 938 companies for ROA %. This puts Industrial & Infrastructure Fund Investment in the upper half of its industry. The industry median ROA % is 3.22. Industrial & Infrastructure Fund Investment's value of 3.78% is 17.4% above this benchmark. Historically, Industrial & Infrastructure Fund Investment's own ROA % has ranged from 2.98 to 3.63 over the past decade. While the company's 10-year median is 3.22 vs. the industry median of 3.22, Industrial & Infrastructure 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 3.22, based on 938 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. Industrial & Infrastructure Fund Investment's current ROA % of 3.78% is 17.4% 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 Industrial & Infrastructure Fund Investment and its competitors. For the REITs industry, the median ROA % is 3.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Industrial & Infrastructure Fund Investment's current ROA % is 3.78%, which is 17% above median its own 10-year median of 3.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Industrial & Infrastructure Fund Investment stock overvalued right now?
Industrial & Infrastructure Fund Investment (FRA:2ES) has a current ROA % of 3.78%. The stock's GF Value™ is €759.39, compared to a current price of €770.00 — trading 1.4% above its estimated fair value. The current ROA % is 3.78%, which is 17% above median its 10-year median of 3.22 and 17.4% above the REITs industry median of 3.22. Industrial & Infrastructure Fund Investment's overall GF Score™ is 76/100 with 7 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 Industrial & Infrastructure Fund Investment (FRA:2ES), the current ROA % is 3.78% 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 Industrial & Infrastructure Fund Investment (FRA:2ES) Overvalued in 2026?

Based on GuruFocus' analysis, Industrial & Infrastructure Fund Investment stock appears to be overvalued. The current stock price of €770.00 is trading 1.4% above its estimated GF Value™ of €759.39.

Key valuation signals for FRA:2ES:

  • ROA %: 3.78% (17% above median its 10-year median of 3.22)
  • GF Value™: €759.39 vs. price of €770.00 (1.4% above fair value)
  • GF Score™: 76/100 with 7 warning signs
  • Industry Position: 17.4% above the REITs median (#422 of 938)

No single metric tells the full story. See the FRA:2ES stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Industrial & Infrastructure Fund Investment Business Description

Industry Real EstateREITs
Other Exchanges 3249:Japan
Address Tokyo Building 7-3, Marunouchi 2-chome, Chiyoda-ku, Tokyo, JPN, 100-6420
Industrial & Infrastructure Fund Investment Corp operates as a J-REIT specializing in industrial properties. The company focuses on industrial properties including logistic facilities, manufacturing and R&D facilities, and infrastructures.
76GF Score

Get the complete analysis for FRA:2ES

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

€770.00
Price
€759.39
GF Value