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ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Japan Metropolitan Fund Investment's annualizedNet Income for the quarter that ended in Feb. 2026 was 円47,391 Mil.
Japan Metropolitan Fund Investment's average Total Assets over the quarter that ended in Feb. 2026 was 円1,346,401 Mil. Therefore, Japan Metropolitan Fund Investment's annualized ROA % for the quarter that ended in Feb. 2026 was 3.52%.
TSE:8953's ROA % is ranked better than 52.68% of 932
companies
in the REITs industry
Industry Median: 3.2
vs TSE:8953: 3.39
Japan Metropolitan Fund Investment (TSE:8953) 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 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.
Japan Metropolitan Fund Investment ROA % Related Terms
Japan Metropolitan Fund 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.
For the REIT - Retail subindustry, Japan Metropolitan 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.
Japan Metropolitan Fund 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.
Japan Metropolitan Fund Investment (TSE:8953) has a ROA % of 3.52% 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 Japan Metropolitan Fund Investment and its competitors. This is 34% above median its historical median of 2.63. Over the past decade, Japan Metropolitan Fund Investment's ROA % has ranged from 2.38 to 3.39. According to the industry distribution chart, Japan Metropolitan Fund Investment ranks #441 out of 932 companies in the REITs industry, placing it in the top 47.3%.
Is Japan Metropolitan Fund Investment's ROA % too high?
Japan Metropolitan Fund Investment's current ROA % of 3.52% is 34% above median its 10-year median of 2.63. Over the past 10 years, this metric has ranged from a low of 2.38 to a high of 3.39. The REITs industry median ROA % is 3.20. Japan Metropolitan Fund Investment's value of 3.52% is 10% above this industry median. Based on the distribution chart, Japan Metropolitan Fund Investment ranks #441 out of 932 companies in the REITs industry, which is above the industry midpoint. Overall, Japan Metropolitan Fund Investment has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Japan Metropolitan Fund Investment's ROA % compare to SPG and O?
According to the REITs industry distribution chart, Japan Metropolitan Fund Investment ranks #441 out of 932 companies for ROA %. This puts Japan Metropolitan Fund Investment in the upper half of its industry. The industry median ROA % is 3.20. Japan Metropolitan Fund Investment's value of 3.52% is 10% above this benchmark. Historically, Japan Metropolitan Fund Investment's own ROA % has ranged from 2.38 to 3.39 over the past decade. While the company's 10-year median is 2.63 vs. the industry median of 3.20, Japan Metropolitan 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 3.20, based on 932 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. Japan Metropolitan Fund Investment's current ROA % of 3.52% is 10% 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 Japan Metropolitan Fund 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. Japan Metropolitan Fund Investment's current ROA % is 3.52%, which is 34% above median its own 10-year median of 2.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Japan Metropolitan Fund Investment stock overvalued right now?
Based on GuruFocus' analysis, Japan Metropolitan Fund Investment (TSE:8953) is currently considered Fairly Valued. The stock's GF Value™ is 円115,138.58, compared to a current price of 円118,300.00 — trading 2.7% above its estimated fair value. The current ROA % is 3.52%, which is 34% above median its 10-year median of 2.63 and 10% above the REITs industry median of 3.20. Japan Metropolitan Fund Investment's overall GF Score™ is 73/100 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 Japan Metropolitan Fund Investment (TSE:8953), the current ROA % is 3.52% 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 Japan Metropolitan Fund Investment (TSE:8953) Overvalued in 2026?
Based on GuruFocus' analysis, Japan Metropolitan Fund Investment stock appears to be overvalued.
The current stock price of 円118,300.00 is trading 2.7% above its estimated GF Value™ of 円115,138.58.
GuruFocus considers Japan Metropolitan Fund Investment to be Fairly Valued.
Key valuation signals for TSE:8953:
ROA %: 3.52% (34% above median its 10-year median of 2.63)
GF Value™: 円115,138.58 vs. price of 円118,300.00 (2.7% above fair value)
Industry Position: 10% above the REITs median (#441 of 932)
No single metric tells the full story. See the TSE:8953 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Japan Metropolitan Fund Investment Business Description
Japan Metropolitan Fund Investment Corp is a diversified REIT investing in real estate properties serving as a foundation of urban lives. Its portfolio includes urban retail, mixed-use, office, residence, hotel and suburban retail.
73GF Score
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