HOSHF (Hoshino Resorts REIT) ROE %: 5.34% (As of Apr. 2026) — 12% Above Median

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HOSHF Hoshino Resorts REIT Inc HOSHF
71 GF Score
Price $1,679.02
GF Value $2,193.50
! 5 Warning Signs
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What is Hoshino Resorts REIT ROE %?

Hoshino Resorts REIT HOSHF 71 ROE % is 5.34% as of Apr. 2026, which is 12% above its 10-year median of 4.76. GuruFocus rates HOSHF with a GF Score™ of 71/100 and a GF Value™ of $2,193.50. The stock has 5 warning signs investors should review. Among 929 REITs companies, Hoshino Resorts REIT ranks worse than 58.02% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Hoshino Resorts REIT's annualized net income for the quarter that ended in Apr. 2026 was $50.2 Mil. Hoshino Resorts REIT's average Total Stockholders Equity over the quarter that ended in Apr. 2026 was $941.7 Mil. Therefore, Hoshino Resorts REIT's annualized ROE % for the quarter that ended in Apr. 2026 was 5.34%.

The historical rank and industry rank for Hoshino Resorts REIT's ROE % or its related term are showing as below:

HOSHF' s ROE % Range Over the Past 10 Years
Min: 2.72   Med: 4.76   Max: 6.13
Current: 5.18

During the past 13 years, Hoshino Resorts REIT's highest ROE % was 6.13%. The lowest was 2.72%. And the median was 4.76%.

HOSHF's ROE % is ranked worse than
58.02% of 929 companies
in the REITs industry
Industry Median: 6.14 vs HOSHF: 5.18

Hoshino Resorts REIT  (OTCPK:HOSHF) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Apr. 2026 )
=Net Income/Total Stockholders Equity
=50.248/941.727
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(50.248 / 117.448)*(117.448 / 1637.2965)*(1637.2965 / 941.727)
=Net Margin %*Asset Turnover*Equity Multiplier
=42.78 %*0.0717*1.7386
=ROA %*Equity Multiplier
=3.07 %*1.7386
=5.34 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Apr. 2026 )
=Net Income/Total Stockholders Equity
=50.248/941.727
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (50.248 / 50.258) * (50.258 / 61.032) * (61.032 / 117.448) * (117.448 / 1637.2965) * (1637.2965 / 941.727)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9998 * 0.8235 * 51.97 % * 0.0717 * 1.7386
=5.34 %

Note: The net income data used here is two times the semi-annual (Apr. 2026) net income data. The Revenue data used here is two times the semi-annual (Apr. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Hoshino Resorts REIT ROE % Related Terms


Hoshino Resorts REIT ROE % Historical Data

* Premium members only.

The historical data trend for Hoshino Resorts REIT's ROE % 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 ROE % Chart

Hoshino Resorts REIT Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.62 2.82 3.56 3.74 4.35

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
ROE % 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 3.65 4.08 3.93 4.77 5.34

HOSHF vs HST, RHP, APLE: ROE % Comparison

For the REIT - Hotel & Motel subindustry, Hoshino Resorts REIT's ROE %, along with its competitors' market caps and ROE % 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.


Hoshino Resorts REIT ROE % vs REITs Industry

For the REITs industry and Real Estate sector, Hoshino Resorts REIT's ROE % distribution charts can be found below:

* The bar in red indicates where Hoshino Resorts REIT's ROE % falls into.


HOSHF
71GF Score
Hoshino Resorts REIT Inc HOSHF
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Hoshino Resorts REIT ROE % Calculation

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

ROE %=Net Income (A: Oct. 2025 )/( (Total Stockholders Equity (A: Oct. 2024 )+Total Stockholders Equity (A: Oct. 2025 ))/ count )
=41.949/( (966.968+963.864)/ 2 )
=41.949/965.416
=4.35 %

Hoshino Resorts REIT's annualized ROE % for the quarter that ended in Apr. 2026 is calculated as

ROE %=Net Income (Q: Apr. 2026 )/( (Total Stockholders Equity (Q: Oct. 2025 )+Total Stockholders Equity (Q: Apr. 2026 ))/ count )
=50.248/( (963.864+919.59)/ 2 )
=50.248/941.727
=5.34 %

* 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 ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is two times the semi-annual (Apr. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 5.34% mean?
Hoshino Resorts REIT (HOSHF) has a ROE % of 5.34% as of Apr. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Hoshino Resorts REIT and its competitors. This is 12% above median its historical median of 4.76. Over the past decade, Hoshino Resorts REIT's ROE % has ranged from 2.72 to 6.13. According to the industry distribution chart, Hoshino Resorts REIT ranks #539 out of 929 companies in the REITs industry, placing it in the top 58%.
Is Hoshino Resorts REIT's ROE % too high?
Hoshino Resorts REIT's current ROE % of 5.34% is 12% above median its 10-year median of 4.76. Over the past 10 years, this metric has ranged from a low of 2.72 to a high of 6.13. The REITs industry median ROE % is 6.14. Hoshino Resorts REIT's value of 5.34% is 13% below this industry median. Based on the distribution chart, Hoshino Resorts REIT ranks #539 out of 929 companies in the REITs industry, which is below the industry midpoint. Overall, Hoshino Resorts REIT has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does Hoshino Resorts REIT's ROE % compare to HST and RHP?
According to the REITs industry distribution chart, Hoshino Resorts REIT ranks #539 out of 929 companies for ROE %. This places Hoshino Resorts REIT in the lower half of its industry. The industry median ROE % is 6.14. Hoshino Resorts REIT's value of 5.34% is 13% below this benchmark. Historically, Hoshino Resorts REIT's own ROE % has ranged from 2.72 to 6.13 over the past decade. While the company's 10-year median is 4.76 vs. the industry median of 6.14, Hoshino Resorts 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 ROE % for a REITs company?
The median ROE % among REITs companies is 6.14, based on 929 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hoshino Resorts REIT's current ROE % of 5.34% is 13% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Hoshino Resorts REIT and its competitors. For the REITs industry, the median ROE % is 6.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hoshino Resorts REIT's current ROE % is 5.34%, which is 12% above median its own 10-year median of 4.76. 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?
Hoshino Resorts REIT (HOSHF) has a current ROE % of 5.34%. The stock's GF Value™ is $2,193.50, compared to a current price of $1,679.02 — trading 23.5% below its estimated fair value. The current ROE % is 5.34%, which is 12% above median its 10-year median of 4.76 and 13% below the REITs industry median of 6.14. 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 ROE % calculated?
ROE % is calculated from a company's financial statements. For Hoshino Resorts REIT (HOSHF), the current ROE % is 5.34% 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 (HOSHF) Overvalued in 2026?

Based on GuruFocus' analysis, Hoshino Resorts REIT stock appears to be undervalued. The current stock price of $1,679.02 is trading 23.5% below its estimated GF Value™ of $2,193.50.

Key valuation signals for HOSHF:

  • ROE %: 5.34% (12% above median its 10-year median of 4.76)
  • GF Value™: $2,193.50 vs. price of $1,679.02 (23.5% below fair value)
  • GF Score™: 71/100 with 5 warning signs
  • Industry Position: 13% below the REITs median (#539 of 929)

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


Hoshino Resorts REIT Business Description

Industry Real EstateREITs
Other Exchanges 3287:Japan
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 HOSHF

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

$1,679.02
Price
$2,193.50
GF Value