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ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Daiwa House REIT Investment's annualizedNet Income for the quarter that ended in Feb. 2026 was 円24,426 Mil.
Daiwa House REIT Investment's average Total Assets over the quarter that ended in Feb. 2026 was 円942,752 Mil. Therefore, Daiwa House REIT Investment's annualized ROA % for the quarter that ended in Feb. 2026 was 2.59%.
The historical rank and industry rank for Daiwa House REIT Investment's ROA % or its related term are showing as below:
TSE:8984'
s ROA % Range Over the Past 10 Years
Min: 2.05 Med: 2.39 Max: 2.95
Current: 2.88
During the past 13 years, Daiwa House REIT Investment's highest ROA % was 2.95%. The lowest was 2.05%. And the median was 2.39%.
TSE:8984's ROA % is ranked worse than 55.47% of 932
companies
in the REITs industry
Industry Median: 3.2
vs TSE:8984: 2.88
Daiwa House REIT Investment (TSE:8984) 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.
* 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, Daiwa House REIT 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.
Daiwa House REIT Investment ROA % vs REITs Industry
For the REITs industry and Real Estate sector, Daiwa House REIT Investment's ROA % distribution charts can be found below:
* The bar in red indicates where Daiwa House REIT Investment'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 (Feb. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Daiwa House REIT Investment (TSE:8984) has a ROA % of 2.59% 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 Daiwa House REIT Investment and its competitors. This is near median its historical median of 2.39. Over the past decade, Daiwa House REIT Investment's ROA % has ranged from 2.05 to 2.95. According to the industry distribution chart, Daiwa House REIT Investment ranks #517 out of 932 companies in the REITs industry, placing it in the top 55.5%.
Is Daiwa House REIT Investment's ROA % too high?
Daiwa House REIT Investment's current ROA % of 2.59% is near median its 10-year median of 2.39. Over the past 10 years, this metric has ranged from a low of 2.05 to a high of 2.95. The REITs industry median ROA % is 3.20. Daiwa House REIT Investment's value of 2.59% is 19.1% below this industry median. Based on the distribution chart, Daiwa House REIT Investment ranks #517 out of 932 companies in the REITs industry, which is below the industry midpoint. Overall, Daiwa House REIT Investment has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Daiwa House REIT Investment's ROA % compare to VICI and WPC?
According to the REITs industry distribution chart, Daiwa House REIT Investment ranks #517 out of 932 companies for ROA %. This places Daiwa House REIT Investment in the lower half of its industry. The industry median ROA % is 3.20. Daiwa House REIT Investment's value of 2.59% is 19.1% below this benchmark. Historically, Daiwa House REIT Investment's own ROA % has ranged from 2.05 to 2.95 over the past decade. While the company's 10-year median is 2.39 vs. the industry median of 3.20, Daiwa House 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 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. Daiwa House REIT Investment's current ROA % of 2.59% is 19.1% 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 Daiwa House 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. Daiwa House REIT Investment's current ROA % is 2.59%, which is near median its own 10-year median of 2.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Daiwa House REIT Investment stock overvalued right now?
Based on GuruFocus' analysis, Daiwa House REIT Investment (TSE:8984) is currently considered Fairly Valued. The stock's GF Value™ is 円127,738.30, compared to a current price of 円124,100.00 — trading 2.8% below its estimated fair value. The current ROA % is 2.59%, which is near median its 10-year median of 2.39 and 19.1% below the REITs industry median of 3.20. Daiwa House REIT Investment's overall GF Score™ is 64/100 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 Daiwa House REIT Investment (TSE:8984), the current ROA % is 2.59% 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 Daiwa House REIT Investment (TSE:8984) Overvalued in 2026?
Based on GuruFocus' analysis, Daiwa House REIT Investment stock appears to be undervalued.
The current stock price of 円124,100.00 is trading 2.8% below its estimated GF Value™ of 円127,738.30.
GuruFocus considers Daiwa House REIT Investment to be Fairly Valued.
Key valuation signals for TSE:8984:
ROA %: 2.59% (near median its 10-year median of 2.39)
GF Value™: 円127,738.30 vs. price of 円124,100.00 (2.8% below fair value)
Industry Position: 19.1% below the REITs median (#517 of 932)
No single metric tells the full story. See the TSE:8984 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Daiwa House REIT Investment Corp is a diversified real estate investment trust which invests in real estate properties. Its core assets are logistics properties, residential properties, retail properties, and hotels. It invests mainly in three metropolitan areas the greater Tokyo area, the greater Nagoya area, and the greater Osaka area. The firm's portfolio consists of assets with various risk-return profiles. It generates revenue from rental activity on a straight-line accrual basis over the life of each lease contract. The company operates only in Japan.
64GF Score
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