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 banks 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:
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.
Mitsubishi Estate Logistics REIT Investment ROA % Related Terms
Mitsubishi Estate Logistics REIT Investment ROA % Historical 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.
* 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.
Mitsubishi Estate Logistics REIT Investment ROA % vs REITs Industry
* 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.
Mitsubishi Estate Logistics REIT Investment (TSE:3481) has a ROA % of 2.69% 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 Mitsubishi Estate Logistics REIT Investment and its competitors. This is near median its historical median of 2.95. Over the past decade, Mitsubishi Estate Logistics REIT Investment's ROA % has ranged from 2.68 to 5.08. According to the industry distribution chart, Mitsubishi Estate Logistics REIT Investment ranks #539 out of 942 companies in the REITs industry, placing it in the top 57.2%.
Is Mitsubishi Estate Logistics REIT Investment's ROA % too high?
Mitsubishi Estate Logistics REIT Investment's current ROA % of 2.69% is near median its 10-year median of 2.95. Over the past 10 years, this metric has ranged from a low of 2.68 to a high of 5.08. The REITs industry median ROA % is 3.20. Mitsubishi Estate Logistics REIT Investment's value of 2.69% is 15.9% below this industry median. Based on the distribution chart, Mitsubishi Estate Logistics REIT Investment ranks #539 out of 942 companies in the REITs industry, which is below the industry midpoint. Overall, Mitsubishi Estate Logistics REIT Investment has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mitsubishi Estate Logistics REIT Investment's ROA % compare to PLD and PSA?
According to the REITs industry distribution chart, Mitsubishi Estate Logistics REIT Investment ranks #539 out of 942 companies for ROA %. This places Mitsubishi Estate Logistics REIT Investment in the lower half of its industry. The industry median ROA % is 3.20. Mitsubishi Estate Logistics REIT Investment's value of 2.69% is 15.9% below this benchmark. Historically, Mitsubishi Estate Logistics REIT Investment's own ROA % has ranged from 2.68 to 5.08 over the past decade. While the company's 10-year median is 2.95 vs. the industry median of 3.20, Mitsubishi Estate Logistics REIT Investment 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 942 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. Mitsubishi Estate Logistics REIT Investment's current ROA % of 2.69% is 15.9% 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 Mitsubishi Estate Logistics REIT Investment 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. Mitsubishi Estate Logistics REIT Investment's current ROA % is 2.69%, which is near median its own 10-year median of 2.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mitsubishi Estate Logistics REIT Investment stock overvalued right now?
Based on GuruFocus' analysis, Mitsubishi Estate Logistics REIT Investment (TSE:3481) is currently considered Fairly Valued. The stock's GF Value™ is 円132,482.72, compared to a current price of 円120,400.00 — trading 9.1% below its estimated fair value. The current ROA % is 2.69%, which is near median its 10-year median of 2.95 and 15.9% below the REITs industry median of 3.20. Mitsubishi Estate Logistics REIT Investment's overall GF Score™ is 74/100 with 6 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 Mitsubishi Estate Logistics REIT Investment (TSE:3481), the current ROA % is 2.69% 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 Mitsubishi Estate Logistics REIT Investment (TSE:3481) Overvalued in 2026?
Based on GuruFocus' analysis, Mitsubishi Estate Logistics REIT Investment stock appears to be undervalued.
The current stock price of 円120,400.00 is trading 9.1% below its estimated GF Value™ of 円132,482.72.
GuruFocus considers Mitsubishi Estate Logistics REIT Investment to be Fairly Valued.
Key valuation signals for TSE:3481:
ROA %: 2.69% (near median its 10-year median of 2.95)
GF Value™: 円132,482.72 vs. price of 円120,400.00 (9.1% below fair value)
Industry Position: 15.9% below the REITs median (#539 of 942)
No single metric tells the full story. See the TSE:3481 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mitsubishi Estate Logistics REIT Investment Business Description
Mitsubishi Estate Logistics REIT Investment Corp operates as a real estate investment trust with logistics facilities as its main investment target. Its portfolio consists of eight properties, mainly located in the Tokyo metropolitan area.
74GF Score
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