Hankyu Hanshin REIT (TSE:8977) ROCE %: 3.19% (As of Nov. 2025)

What is Hankyu Hanshin REIT ROCE %?

Hankyu Hanshin REIT TSE:8977 +1.16% 58 ROCE % is 3.19% as of Nov. 2025. GuruFocus rates TSE:8977 with a GF Score™ of 58/100 and a GF Value™ of 円161,504.99 (Modestly Undervalued). The stock has 4 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. Hankyu Hanshin REIT's annualized ROCE % for the quarter that ended in Nov. 2025 was 3.19%.

Hankyu Hanshin REIT (TSE:8977) 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.

Hankyu Hanshin REIT ROCE % Related Terms

Hankyu Hanshin REIT ROCE % Historical Data

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The historical data trend for Hankyu Hanshin 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.

Hankyu Hanshin REIT ROCE % Chart

Hankyu Hanshin REIT Annual Data

Trend

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Nov24

Nov25

ROCE %

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2.92

2.95

2.92

3.20

Hankyu Hanshin REIT Semi-Annual Data
	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23	May24	Nov24	May25	Nov25
ROCE %	Get a 7-Day Free Trial															2.93	2.81	2.94	3.28	3.19

58GF Score

Hankyu Hanshin REIT Inc TSE:8977

ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.

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Hankyu Hanshin REIT ROCE % Calculation

Hankyu Hanshin REIT's annualized ROCE % for the fiscal year that ended in Nov. 2025 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Nov. 2025 )		(A: Nov. 2024 )		(A: Nov. 2025 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Nov. 2025 )		(A: Nov. 2024 )		(A: Nov. 2025 )
	=	5523.003	/	( ( (182637.106 - 11799.668)	+	(183177.206 - 9358.72) )	/ 2 )
	=	5523.003	/	( (170837.438	+	173818.486)	/ 2 )
	=	5523.003	/	172327.962
	=	3.20 %

Hankyu Hanshin REIT's ROCE % of for the quarter that ended in Nov. 2025 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Nov. 2025 )		(Q: May. 2025 )		(Q: Nov. 2025 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Nov. 2025 )		(Q: May. 2025 )		(Q: Nov. 2025 )
	=	5468.666	/	( ( (182767.254 - 13889.618)	+	(183177.206 - 9358.72) )	/ 2 )
	=	5468.666	/	( ( 168877.636	+	173818.486 )	/ 2 )
	=	5468.666	/	171348.061
	=	3.19 %

(1) Note: The EBIT data used here is two times the semi-annual (Nov. 2025) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of 3.19% mean?

Hankyu Hanshin REIT (TSE:8977) has a ROCE % of 3.19% as of Nov. 2025.

Is Hankyu Hanshin REIT's ROCE % too high?

Hankyu Hanshin REIT's current ROCE % is 3.19%. The REITs industry median ROCE % is 5.19. Hankyu Hanshin REIT's value of 3.19% is 38.5% below this industry median. 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 ROCE % compare to VICI and WPC?

Hankyu Hanshin REIT's ROCE % of 3.19% can be compared against companies in the REITs industry. The industry median ROCE % is 5.19. Hankyu Hanshin REIT's value of 3.19% is 38.5% 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 754 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. Hankyu Hanshin REIT's current ROCE % of 3.19% is 38.5% 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. Hankyu Hanshin REIT's current ROCE % is 3.19%. 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 ROCE % is 3.19% and 38.5% below the REITs industry median of 5.19. 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 ROCE % calculated?

ROCE % is calculated from a company's financial statements. For Hankyu Hanshin REIT (TSE:8977), the current ROCE % is 3.19% 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:

ROCE %: 3.19%
GF Value™: 円161,504.99 vs. price of 円139,900.00 (13.4% below fair value)
GF Score™: 58/100 with 4 warning signs
Industry Position: 38.5% below the REITs median

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 Business Description

Industry Real Estate REITs

Comparable Companies TSE:3487 TSE:3492 TSE:3476 TSE:3451 TSE:3468 TSE:8968 TSE:2989 TSE:3470 TSE:3488 TSE:8957 ASX:GMG VICI WPC BSP:HSRE11 ASX:CHC ASX:SGP XPAR:COV ASX:GPT LSE:LAND MEX:FUNO11

Address 19-19, Chayamachi, Applause Tower, 19th floor, Osaka, JPN, 530-0013

Website https://www.hankyuhanshinreit.co.jp

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

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

円139,900.00

Price

円161,504.99

GF Value

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