Japan Real Estate Investment (TSE:8952) ROCE %: 4.11% (As of Mar. 2026)


TSE:8952 Japan Real Estate Investment Corp TSE:8952
65 GF Score
Price 円118,000.00
GF Value 円111,805.74
Valuation Fairly Valued
! 6 Warning Signs
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What is Japan Real Estate Investment ROCE %?

Japan Real Estate Investment TSE:8952 +1.72% 65 ROCE % is 4.11% as of Mar. 2026. GuruFocus rates TSE:8952 with a GF Score™ of 65/100 and a GF Value™ of 円111,805.74 (Fairly Valued). The stock has 6 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. Japan Real Estate Investment's annualized ROCE % for the quarter that ended in Mar. 2026 was 4.11%.

Japan Real Estate Investment  (TSE:8952) 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.

Japan Real Estate Investment ROCE % Related Terms

Japan Real Estate Investment ROCE % Historical Data

* Premium members only.

The historical data trend for Japan Real Estate Investment'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.

Japan Real Estate Investment ROCE % Chart

Japan Real Estate Investment Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.79 3.79 3.72 4.32 4.17

Japan Real Estate Investment Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 4.23 4.32 4.34 3.93 4.11
TSE:8952
65GF Score
Japan Real Estate Investment Corp TSE:8952
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Japan Real Estate Investment ROCE % Calculation

Japan Real Estate Investment's annualized ROCE % for the fiscal year that ended in Sep. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Sep. 2025 )  (A: Sep. 2024 )(A: Sep. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Sep. 2025 )  (A: Sep. 2024 )(A: Sep. 2025 )
=40170.327/( ( (1069551.22 - 128310.153) + (1076614.782 - 93026.295) )/ 2 )
=40170.327/( (941241.067+983588.487)/ 2 )
=40170.327/962414.777
=4.17 %

Japan Real Estate Investment's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=41178.986/( ( (1076614.782 - 93026.295) + (1122234.052 - 100341.268) )/ 2 )
=41178.986/( ( 983588.487 + 1021892.784 )/ 2 )
=41178.986/1002740.6355
=4.11 %

(1) Note: The EBIT data used here is two times the semi-annual (Mar. 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 4.11% mean?
Japan Real Estate Investment (TSE:8952) has a ROCE % of 4.11% as of Mar. 2026.
Is Japan Real Estate Investment's ROCE % too high?
Japan Real Estate Investment's current ROCE % is 4.11%. The REITs industry median ROCE % is 5.19. Japan Real Estate Investment's value of 4.11% is 20.7% below this industry median. Overall, Japan Real Estate Investment has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Japan Real Estate Investment's ROCE % compare to BXP and ARE?
Japan Real Estate Investment's ROCE % of 4.11% can be compared against companies in the REITs industry. The industry median ROCE % is 5.19. Japan Real Estate Investment's value of 4.11% is 20.7% 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 5.19, based on 756 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. Japan Real Estate Investment's current ROCE % of 4.11% is 20.7% 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 5.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Japan Real Estate Investment's current ROCE % is 4.11%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Japan Real Estate Investment stock overvalued right now?
Based on GuruFocus' analysis, Japan Real Estate Investment (TSE:8952) is currently considered Fairly Valued. The stock's GF Value™ is 円111,805.74, compared to a current price of 円118,000.00 — trading 5.5% above its estimated fair value. The current ROCE % is 4.11% and 20.7% below the REITs industry median of 5.19. Japan Real Estate Investment's overall GF Score™ is 65/100 with 6 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 Japan Real Estate Investment (TSE:8952), the current ROCE % is 4.11% as of Mar. 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 Real Estate Investment (TSE:8952) Overvalued in 2026?

Based on GuruFocus' analysis, Japan Real Estate Investment stock appears to be overvalued. The current stock price of 円118,000.00 is trading 5.5% above its estimated GF Value™ of 円111,805.74. GuruFocus considers Japan Real Estate Investment to be Fairly Valued.

Key valuation signals for TSE:8952:

  • ROCE %: 4.11%
  • GF Value™: 円111,805.74 vs. price of 円118,000.00 (5.5% above fair value)
  • GF Score™: 65/100 with 6 warning signs
  • Industry Position: 20.7% below the REITs median

No single metric tells the full story. See the TSE:8952 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Japan Real Estate Investment Business Description

Industry Real EstateREITs
Other Exchanges JUA:Germany
Address OTEMACHI Park Building 1-1-1 Otemachi, Chiyoda-ku, Tokyo, JPN, 100-0004
Japan Real Estate Investment Corp, or J-REIT, is a Japanese real estate investment trust that invests in, owns, and leases office properties. The vast majority of the company's real estate portfolio is located within Tokyo's 23 wards and the Tokyo metropolitan area in terms of total value. Within this area, J-REIT's offices reside within the Tokyo central business district. The company derives nearly all of its income in the form of rental revenue from the leasing of its office properties. While J-REIT tenants hail from a diverse assortment of industries, firms from the service, information services, electric devices, and financial services industries are its customers.
65GF Score

Get the complete analysis for TSE:8952

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

円118,000.00
Price
円111,805.74
GF Value