MIRARTH Real Estate Investment (TSE:3492) ROA %: 2.73% (As of Feb. 2026) — 13% Below Median

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TSE:3492 MIRARTH Real Estate Investment Corp TSE:3492
51 GF Score
Price 円82,800.00
GF Value 円103,806.55
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is MIRARTH Real Estate Investment ROA %?

MIRARTH Real Estate Investment TSE:3492 -0.24% 51 ROA % is 2.73% as of Feb. 2026, which is 13% below its 10-year median of 3.15. GuruFocus rates TSE:3492 with a GF Score™ of 51/100 and a GF Value™ of 円103,806.55 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 939 REITs companies, MIRARTH Real Estate Investment ranks worse than 56.12% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. MIRARTH Real Estate Investment's annualized Net Income for the quarter that ended in Feb. 2026 was 円5,187 Mil. MIRARTH Real Estate Investment's average Total Assets over the quarter that ended in Feb. 2026 was 円189,863 Mil. Therefore, MIRARTH Real Estate Investment's annualized ROA % for the quarter that ended in Feb. 2026 was 2.73%.

The historical rank and industry rank for MIRARTH Real Estate Investment's ROA % or its related term are showing as below:

TSE:3492' s ROA % Range Over the Past 10 Years
Min: 0.05   Med: 3.15   Max: 3.92
Current: 2.8

During the past 8 years, MIRARTH Real Estate Investment's highest ROA % was 3.92%. The lowest was 0.05%. And the median was 3.15%.

TSE:3492's ROA % is ranked worse than
56.12% of 939 companies
in the REITs industry
Industry Median: 3.18 vs TSE:3492: 2.80

MIRARTH Real Estate Investment  (TSE:3492) 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
=5186.914/189863.3755
=(Net Income / Revenue)*(Revenue / Total Assets)
=(5186.914 / 11124.52)*(11124.52 / 189863.3755)
=Net Margin %*Asset Turnover
=46.63 %*0.0586
=2.73 %

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.


MIRARTH Real Estate Investment ROA % Related Terms


MIRARTH Real Estate Investment ROA % Historical Data

* Premium members only.

The historical data trend for MIRARTH Real Estate 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.

MIRARTH Real Estate Investment ROA % Chart

MIRARTH Real Estate Investment Annual Data
Trend Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
ROA %
Get a 7-Day Free Trial 3.22 3.30 2.70 2.62 3.07

MIRARTH Real Estate Investment Semi-Annual Data
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 2.61 2.79 3.06 2.88 2.73

TSE:3492 vs VICI, WPC: ROA % Comparison

For the REIT - Diversified subindustry, MIRARTH Real Estate 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.


MIRARTH Real Estate Investment ROA % vs REITs Industry

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

* The bar in red indicates where MIRARTH Real Estate Investment's ROA % falls into.


TSE:3492
51GF Score
MIRARTH Real Estate Investment Corp TSE:3492
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MIRARTH Real Estate Investment ROA % Calculation

MIRARTH Real Estate Investment's annualized ROA % for the fiscal year that ended in Aug. 2025 is calculated as:

ROA %=Net Income (A: Aug. 2025 )/( (Total Assets (A: Aug. 2024 )+Total Assets (A: Aug. 2025 ))/ count )
=5360.021/( (161256.76+187435.558)/ 2 )
=5360.021/174346.159
=3.07 %

MIRARTH Real Estate Investment'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 )
=5186.914/( (187435.558+192291.193)/ 2 )
=5186.914/189863.3755
=2.73 %

* 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 2.73% mean?
MIRARTH Real Estate Investment (TSE:3492) has a ROA % of 2.73% 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 MIRARTH Real Estate Investment and its competitors. This is 13% below median its historical median of 3.15. Over the past decade, MIRARTH Real Estate Investment's ROA % has ranged from 0.05 to 3.92. According to the industry distribution chart, MIRARTH Real Estate Investment ranks #527 out of 939 companies in the REITs industry, placing it in the top 56.1%.
Is MIRARTH Real Estate Investment's ROA % too high?
MIRARTH Real Estate Investment's current ROA % of 2.73% is 13% below median its 10-year median of 3.15. Over the past 10 years, this metric has ranged from a low of 0.05 to a high of 3.92. The REITs industry median ROA % is 3.18. MIRARTH Real Estate Investment's value of 2.73% is 14.2% below this industry median. Based on the distribution chart, MIRARTH Real Estate Investment ranks #527 out of 939 companies in the REITs industry, which is below the industry midpoint. Overall, MIRARTH Real Estate Investment has a GF Score™ of 51/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does MIRARTH Real Estate Investment's ROA % compare to VICI and WPC?
According to the REITs industry distribution chart, MIRARTH Real Estate Investment ranks #527 out of 939 companies for ROA %. This places MIRARTH Real Estate Investment in the lower half of its industry. The industry median ROA % is 3.18. MIRARTH Real Estate Investment's value of 2.73% is 14.2% below this benchmark. Historically, MIRARTH Real Estate Investment's own ROA % has ranged from 0.05 to 3.92 over the past decade. While the company's 10-year median is 3.15 vs. the industry median of 3.18, MIRARTH Real Estate 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 3.18, based on 939 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. MIRARTH Real Estate Investment's current ROA % of 2.73% is 14.2% 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 MIRARTH Real Estate Investment and its competitors. For the REITs industry, the median ROA % is 3.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MIRARTH Real Estate Investment's current ROA % is 2.73%, which is 13% below median its own 10-year median of 3.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MIRARTH Real Estate Investment stock overvalued right now?
Based on GuruFocus' analysis, MIRARTH Real Estate Investment (TSE:3492) is currently considered Modestly Undervalued. The stock's GF Value™ is 円103,806.55, compared to a current price of 円82,800.00 — trading 20.2% below its estimated fair value. The current ROA % is 2.73%, which is 13% below median its 10-year median of 3.15 and 14.2% below the REITs industry median of 3.18. MIRARTH Real Estate Investment's overall GF Score™ is 51/100 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 MIRARTH Real Estate Investment (TSE:3492), the current ROA % is 2.73% 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 MIRARTH Real Estate Investment (TSE:3492) Overvalued in 2026?

Based on GuruFocus' analysis, MIRARTH Real Estate Investment stock appears to be undervalued. The current stock price of 円82,800.00 is trading 20.2% below its estimated GF Value™ of 円103,806.55. GuruFocus considers MIRARTH Real Estate Investment to be Modestly Undervalued.

Key valuation signals for TSE:3492:

  • ROA %: 2.73% (13% below median its 10-year median of 3.15)
  • GF Value™: 円103,806.55 vs. price of 円82,800.00 (20.2% below fair value)
  • GF Score™: 51/100 with 5 warning signs
  • Industry Position: 14.2% below the REITs median (#527 of 939)

No single metric tells the full story. See the TSE:3492 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MIRARTH Real Estate Investment Business Description

Industry Real EstateREITs
Address 2-2-1 Otemachi, Shin-Otemachi Building, 3rd Floor, Chiyoda-ku, Tokyo, JPN, 107-0052
MIRARTH Real Estate Investment Corp is a J-REIT that invests in residential properties, as well as office buildings, retail facilities, hotels, and other properties. It aims to build a diverse, comprehensive portfolio consisting of residential, office, hotel, commercial, and other properties by maximizing the strengths of each sponsor company through property development, property revitalization, and flexible property acquisition in the external real estate market.
51GF Score

Get the complete analysis for TSE:3492

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

円82,800.00
Price
円103,806.55
GF Value