One REIT (TSE:3290) ROA %: 2.84% (As of Feb. 2026) — Near Median


TSE:3290 One REIT Inc TSE:3290
55 GF Score
Price 円75,100.00
GF Value 円89,294.41
Valuation Modestly Undervalued
! 7 Warning Signs
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What is One REIT ROA %?

One REIT TSE:3290 +0.27% 55 ROA % is 2.84% as of Feb. 2026, which is 4% below its 10-year median of 2.96. GuruFocus rates TSE:3290 with a GF Score™ of 55/100 and a GF Value™ of 円89,294.41 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 943 REITs companies, One REIT ranks better than 51.01% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. One REIT's annualized Net Income for the quarter that ended in Feb. 2026 was 円3,844 Mil. One REIT's average Total Assets over the quarter that ended in Feb. 2026 was 円135,138 Mil. Therefore, One REIT's annualized ROA % for the quarter that ended in Feb. 2026 was 2.84%.

The historical rank and industry rank for One REIT's ROA % or its related term are showing as below:

TSE:3290' s ROA % Range Over the Past 10 Years
Min: 2.21   Med: 2.96   Max: 3.42
Current: 3.25

During the past 11 years, One REIT's highest ROA % was 3.42%. The lowest was 2.21%. And the median was 2.96%.

TSE:3290's ROA % is ranked better than
51.01% of 943 companies
in the REITs industry
Industry Median: 3.2 vs TSE:3290: 3.25

One REIT  (TSE:3290) 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: Feb. 2026 )
=Net Income/Total Assets
=3844.128/135137.62
=(Net Income / Revenue)*(Revenue / Total Assets)
=(3844.128 / 9380.886)*(9380.886 / 135137.62)
=Net Margin %*Asset Turnover
=40.98 %*0.0694
=2.84 %

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


One REIT ROA % Related Terms


One REIT ROA % Historical Data

* Premium members only.

The historical data trend for One REIT'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.

One REIT ROA % Chart

One REIT Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.42 3.23 3.15 2.76 2.69

One REIT Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 2.67 2.72 3.15 3.66 2.84

TSE:3290 vs BXP, ARE, VNO: ROA % Comparison

For the REIT - Office subindustry, One REIT'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.


One REIT ROA % vs REITs Industry

For the REITs industry and Real Estate sector, One REIT's ROA % distribution charts can be found below:

* The bar in red indicates where One REIT's ROA % falls into.


TSE:3290
55GF Score
One REIT Inc TSE:3290
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

One REIT ROA % Calculation

One REIT's annualized ROA % for the fiscal year that ended in Aug. 2024 is calculated as:

ROA %=Net Income (A: Aug. 2024 )/( (Total Assets (A: Aug. 2023 )+Total Assets (A: Aug. 2024 ))/ count )
=3631.443/( (134873.577+134950.226)/ 2 )
=3631.443/134911.9015
=2.69 %

One REIT's annualized ROA % for the quarter that ended in Feb. 2026 is calculated as:

ROA %=Net Income (Q: Feb. 2026 )/( (Total Assets (Q: Aug. 2025 )+Total Assets (Q: Feb. 2026 ))/ count )
=3844.128/( (135376.726+134898.514)/ 2 )
=3844.128/135137.62
=2.84 %

* 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 (Feb. 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 2.84% mean?
One REIT (TSE:3290) has a ROA % of 2.84% as of Feb. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on One REIT and its competitors. This is near median its historical median of 2.96. Over the past decade, One REIT's ROA % has ranged from 2.21 to 3.42. According to the industry distribution chart, One REIT ranks #462 out of 943 companies in the REITs industry, placing it in the top 49%.
Is One REIT's ROA % too high?
One REIT's current ROA % of 2.84% is near median its 10-year median of 2.96. Over the past 10 years, this metric has ranged from a low of 2.21 to a high of 3.42. The REITs industry median ROA % is 3.20. One REIT's value of 2.84% is 11.3% below this industry median. Based on the distribution chart, One REIT ranks #462 out of 943 companies in the REITs industry, which is above the industry midpoint. Overall, One REIT has a GF Score™ of 55/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does One REIT's ROA % compare to BXP and ARE?
According to the REITs industry distribution chart, One REIT ranks #462 out of 943 companies for ROA %. This puts One REIT in the upper half of its industry. The industry median ROA % is 3.20. One REIT's value of 2.84% is 11.3% below this benchmark. Historically, One REIT's own ROA % has ranged from 2.21 to 3.42 over the past decade. While the company's 10-year median is 2.96 vs. the industry median of 3.20, One 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 ROA % for a REITs company?
The median ROA % among REITs companies is 3.20, based on 943 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. One REIT's current ROA % of 2.84% is 11.3% 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 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 One REIT and its competitors. For the REITs industry, the median ROA % is 3.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. One REIT's current ROA % is 2.84%, which is near median its own 10-year median of 2.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is One REIT stock overvalued right now?
Based on GuruFocus' analysis, One REIT (TSE:3290) is currently considered Modestly Undervalued. The stock's GF Value™ is 円89,294.41, compared to a current price of 円75,100.00 — trading 15.9% below its estimated fair value. The current ROA % is 2.84%, which is near median its 10-year median of 2.96 and 11.3% below the REITs industry median of 3.20. One REIT's overall GF Score™ is 55/100 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 One REIT (TSE:3290), the current ROA % is 2.84% 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 One REIT (TSE:3290) Overvalued in 2026?

Based on GuruFocus' analysis, One REIT stock appears to be undervalued. The current stock price of 円75,100.00 is trading 15.9% below its estimated GF Value™ of 円89,294.41. GuruFocus considers One REIT to be Modestly Undervalued.

Key valuation signals for TSE:3290:

  • ROA %: 2.84% (near median its 10-year median of 2.96)
  • GF Value™: 円89,294.41 vs. price of 円75,100.00 (15.9% below fair value)
  • GF Score™: 55/100 with 7 warning signs
  • Industry Position: 11.3% below the REITs median (#462 of 943)

No single metric tells the full story. See the TSE:3290 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


One REIT Business Description

Industry Real EstateREITs
Address 1-5-5 Otemachi, Chiyoda-ku, Tokyo, JPN, 100-0013
One REIT Inc operates as a real estate investment trust. The company invest in commercial real estate and office buildings in Japan. It operates in a single segment, which is real estate leasing.
55GF Score

Get the complete analysis for TSE:3290

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

円75,100.00
Price
円89,294.41
GF Value