ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Hankyu Hanshin REIT's annualizedNet Income for the quarter that ended in Nov. 2025 was 円4,718 Mil.
Hankyu Hanshin REIT's average Total Assets over the quarter that ended in Nov. 2025 was 円182,972 Mil. Therefore, Hankyu Hanshin REIT's annualized ROA % for the quarter that ended in Nov. 2025 was 2.58%.
The historical rank and industry rank for Hankyu Hanshin REIT's ROA % or its related term are showing as below:
TSE:8977'
s ROA % Range Over the Past 10 Years
Min: 2.21 Med: 2.45 Max: 2.73
Current: 2.62
During the past 13 years, Hankyu Hanshin REIT's highest ROA % was 2.73%. The lowest was 2.21%. And the median was 2.45%.
TSE:8977's ROA % is ranked worse than 57.89% of 938
companies
in the REITs industry
Industry Median: 3.2
vs TSE:8977: 2.62
Hankyu Hanshin REIT (TSE:8977) 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 (Nov. 2025) net income data. The Revenue data used here is two times the semi-annual (Nov. 2025) 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.
Hankyu Hanshin REIT ROA % Related Terms
Hankyu Hanshin REIT ROA % Historical Data
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The historical data trend for Hankyu Hanshin 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.
For the REIT - Diversified subindustry, Hankyu Hanshin 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.
Hankyu Hanshin REIT ROA % vs REITs Industry
For the REITs industry and Real Estate sector, Hankyu Hanshin REIT's ROA % distribution charts can be found below:
* The bar in red indicates where Hankyu Hanshin REIT's ROA % falls into.
* 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 (Nov. 2025) net income data.
ROA % is displayed in the 30-year financial page.
Hankyu Hanshin REIT (TSE:8977) has a ROA % of 2.58% as of Nov. 2025. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Hankyu Hanshin REIT and its competitors. This is near median its historical median of 2.45. Over the past decade, Hankyu Hanshin REIT's ROA % has ranged from 2.21 to 2.73. According to the industry distribution chart, Hankyu Hanshin REIT ranks #543 out of 938 companies in the REITs industry, placing it in the top 57.9%.
Is Hankyu Hanshin REIT's ROA % too high?
Hankyu Hanshin REIT's current ROA % of 2.58% is near median its 10-year median of 2.45. Over the past 10 years, this metric has ranged from a low of 2.21 to a high of 2.73. The REITs industry median ROA % is 3.20. Hankyu Hanshin REIT's value of 2.58% is 19.4% below this industry median. Based on the distribution chart, Hankyu Hanshin REIT ranks #543 out of 938 companies in the REITs industry, which is below the industry midpoint. Overall, Hankyu Hanshin REIT has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hankyu Hanshin REIT's ROA % compare to VICI and WPC?
According to the REITs industry distribution chart, Hankyu Hanshin REIT ranks #543 out of 938 companies for ROA %. This places Hankyu Hanshin REIT in the lower half of its industry. The industry median ROA % is 3.20. Hankyu Hanshin REIT's value of 2.58% is 19.4% below this benchmark. Historically, Hankyu Hanshin REIT's own ROA % has ranged from 2.21 to 2.73 over the past decade. While the company's 10-year median is 2.45 vs. the industry median of 3.20, Hankyu Hanshin 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 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. Hankyu Hanshin REIT's current ROA % of 2.58% is 19.4% 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 Hankyu Hanshin 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. Hankyu Hanshin REIT's current ROA % is 2.58%, which is near median its own 10-year median of 2.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hankyu Hanshin REIT stock overvalued right now?
Based on GuruFocus' analysis, Hankyu Hanshin REIT (TSE:8977) is currently considered Modestly Undervalued. The stock's GF Value™ is 円161,504.99, compared to a current price of 円139,900.00 — trading 13.4% below its estimated fair value. The current ROA % is 2.58%, which is near median its 10-year median of 2.45 and 19.4% below the REITs industry median of 3.20. Hankyu Hanshin REIT's overall GF Score™ is 58/100 with 4 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 Hankyu Hanshin REIT (TSE:8977), the current ROA % is 2.58% as of Nov. 2025. 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 Hankyu Hanshin REIT (TSE:8977) Overvalued in 2026?
Based on GuruFocus' analysis, Hankyu Hanshin REIT stock appears to be undervalued.
The current stock price of 円139,900.00 is trading 13.4% below its estimated GF Value™ of 円161,504.99.
GuruFocus considers Hankyu Hanshin REIT to be Modestly Undervalued.
Key valuation signals for TSE:8977:
ROA %: 2.58% (near median its 10-year median of 2.45)
GF Value™: 円161,504.99 vs. price of 円139,900.00 (13.4% below fair value)
Industry Position: 19.4% below the REITs median (#543 of 938)
No single metric tells the full story. See the TSE:8977 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hankyu Hanshin REIT Inc is a real estate investment trust. The firm manages funds contributed by unitholders by investing them mainly in real estate and real estate backed securities. Its portfolio comprises retail facilities, Office use facilities and Complex facilities. The firm holds the majority of its investments in Kansai region.
58GF Score
Get the complete analysis for TSE:8977
ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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