Hoshino Resorts REIT (TSE:3287) ROCE %: 3.91% (As of Apr. 2026)

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TSE:3287 Hoshino Resorts REIT Inc TSE:3287
71 GF Score
Price 円244,900.00
GF Value 円310,114.03
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Hoshino Resorts REIT ROCE %?

Hoshino Resorts REIT TSE:3287 +3.29% 71 ROCE % is 3.91% as of Apr. 2026. GuruFocus rates TSE:3287 with a GF Score™ of 71/100 and a GF Value™ of 円310,114.03 (Modestly Undervalued). The stock has 5 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Hoshino Resorts REIT's annualized ROCE % for the quarter that ended in Apr. 2026 was 3.91%.

Hoshino Resorts REIT  (TSE:3287) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Hoshino Resorts REIT ROCE % Related Terms

Hoshino Resorts REIT ROCE % Historical Data

* Premium members only.

The historical data trend for Hoshino Resorts REIT's ROCE % 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.

Hoshino Resorts REIT ROCE % Chart

Hoshino Resorts REIT Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.02 2.37 2.64 2.73 3.17

Hoshino Resorts REIT Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
ROCE % 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 Premium Member Only Premium Member Only Premium Member Only 2.70 2.96 2.82 3.49 3.91
TSE:3287
71GF Score
Hoshino Resorts REIT Inc TSE:3287
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Hoshino Resorts REIT ROCE % Calculation

Hoshino Resorts REIT's annualized ROCE % for the fiscal year that ended in Oct. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Oct. 2025 )  (A: Oct. 2024 )(A: Oct. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Oct. 2025 )  (A: Oct. 2024 )(A: Oct. 2025 )
=7440.618/( ( (248855.521 - 15610.057) + (250915.013 - 15253.286) )/ 2 )
=7440.618/( (233245.464+235661.727)/ 2 )
=7440.618/234453.5955
=3.17 %

Hoshino Resorts REIT's ROCE % of for the quarter that ended in Apr. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Apr. 2026 )  (Q: Oct. 2025 )(Q: Apr. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Apr. 2026 )  (Q: Oct. 2025 )(Q: Apr. 2026 )
=9284.586/( ( (250915.013 - 15253.286) + (257260.144 - 17898.939) )/ 2 )
=9284.586/( ( 235661.727 + 239361.205 )/ 2 )
=9284.586/237511.466
=3.91 %

(1) Note: The EBIT data used here is two times the semi-annual (Apr. 2026) EBIT 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 3.91% mean?
Hoshino Resorts REIT (TSE:3287) has a ROCE % of 3.91% as of Apr. 2026.
Is Hoshino Resorts REIT's ROCE % too high?
Hoshino Resorts REIT's current ROCE % is 3.91%. The REITs industry median ROCE % is 5.08. Hoshino Resorts REIT's value of 3.91% is 23% below this industry median. Overall, Hoshino Resorts REIT has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hoshino Resorts REIT's ROCE % compare to HST and RHP?
Hoshino Resorts REIT's ROCE % of 3.91% can be compared against companies in the REITs industry. The industry median ROCE % is 5.08. Hoshino Resorts REIT's value of 3.91% is 23% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a REITs company?
The median ROCE % among REITs companies is 5.08, based on 748 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hoshino Resorts REIT's current ROCE % of 3.91% is 23% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the REITs industry, the median ROCE % is 5.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hoshino Resorts REIT's current ROCE % is 3.91%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hoshino Resorts REIT stock overvalued right now?
Based on GuruFocus' analysis, Hoshino Resorts REIT (TSE:3287) is currently considered Modestly Undervalued. The stock's GF Value™ is 円310,114.03, compared to a current price of 円244,900.00 — trading 21% below its estimated fair value. The current ROCE % is 3.91% and 23% below the REITs industry median of 5.08. Hoshino Resorts REIT's overall GF Score™ is 71/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Hoshino Resorts REIT (TSE:3287), the current ROCE % is 3.91% as of Apr. 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 Hoshino Resorts REIT (TSE:3287) Overvalued in 2026?

Based on GuruFocus' analysis, Hoshino Resorts REIT stock appears to be undervalued. The current stock price of 円244,900.00 is trading 21% below its estimated GF Value™ of 円310,114.03. GuruFocus considers Hoshino Resorts REIT to be Modestly Undervalued.

Key valuation signals for TSE:3287:

  • ROCE %: 3.91%
  • GF Value™: 円310,114.03 vs. price of 円244,900.00 (21% below fair value)
  • GF Score™: 71/100 with 5 warning signs
  • Industry Position: 23% below the REITs median

No single metric tells the full story. See the TSE:3287 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Hoshino Resorts REIT Business Description

Industry Real EstateREITs
Address 2148 Nagakura, Kitasaku-gun, Karuizawa-machi, Nagano Prefecture, Tokyo, JPN, 104-0032
Hoshino Resorts REIT Inc is a closed-end real estate investment trust company. It aims to achieve stable earnings and sustainable growth of its investment assets, by investing in hotels, Japanese-Style Inns, and related facilities.
71GF Score

Get the complete analysis for TSE:3287

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

円244,900.00
Price
円310,114.03
GF Value