Ichigo Hotel REIT Investment (TSE:3463) ROE %: 6.60% (As of Jan. 2026) — 24% Above Median


TSE:3463 Ichigo Hotel REIT Investment Corp TSE:3463
66 GF Score
Price 円118,800.00
GF Value 円168,081.11
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Ichigo Hotel REIT Investment ROE %?

Ichigo Hotel REIT Investment TSE:3463 -0.25% 66 ROE % is 6.60% as of Jan. 2026, which is 24% above its 10-year median of 5.31. GuruFocus rates TSE:3463 with a GF Score™ of 66/100 and a GF Value™ of 円168,081.11 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 932 REITs companies, Ichigo Hotel REIT Investment ranks better than 53.33% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Ichigo Hotel REIT Investment's annualized net income for the quarter that ended in Jan. 2026 was 円2,709 Mil. Ichigo Hotel REIT Investment's average Total Stockholders Equity over the quarter that ended in Jan. 2026 was 円41,064 Mil. Therefore, Ichigo Hotel REIT Investment's annualized ROE % for the quarter that ended in Jan. 2026 was 6.60%.

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

TSE:3463' s ROE % Range Over the Past 10 Years
Min: 1.5   Med: 5.31   Max: 11.48
Current: 6.55

During the past 10 years, Ichigo Hotel REIT Investment's highest ROE % was 11.48%. The lowest was 1.50%. And the median was 5.31%.

TSE:3463's ROE % is ranked better than
53.33% of 932 companies
in the REITs industry
Industry Median: 6.13 vs TSE:3463: 6.55

Ichigo Hotel REIT Investment  (TSE:3463) 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: Jan. 2026 )
=Net Income/Total Stockholders Equity
=2709.036/41063.922
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(2709.036 / 6297.258)*(6297.258 / 80228.271)*(80228.271 / 41063.922)
=Net Margin %*Asset Turnover*Equity Multiplier
=43.02 %*0.0785*1.9537
=ROA %*Equity Multiplier
=3.38 %*1.9537
=6.60 %

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: Jan. 2026 )
=Net Income/Total Stockholders Equity
=2709.036/41063.922
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (2709.036 / 2710.82) * (2710.82 / 3448.05) * (3448.05 / 6297.258) * (6297.258 / 80228.271) * (80228.271 / 41063.922)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9993 * 0.7862 * 54.75 % * 0.0785 * 1.9537
=6.60 %

Note: The net income data used here is two times the semi-annual (Jan. 2026) net income data. The Revenue data used here is two times the semi-annual (Jan. 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.


Ichigo Hotel REIT Investment ROE % Related Terms


Ichigo Hotel REIT Investment ROE % Historical Data

* Premium members only.

The historical data trend for Ichigo Hotel REIT Investment'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.

Ichigo Hotel REIT Investment ROE % Chart

Ichigo Hotel REIT Investment Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.50 2.21 4.02 5.40 11.48

Ichigo Hotel REIT Investment Semi-Annual Data
Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
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 5.34 4.89 15.84 6.55 6.60

TSE:3463 vs HST, RHP, APLE: ROE % Comparison

For the REIT - Hotel & Motel subindustry, Ichigo Hotel REIT Investment'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.


Ichigo Hotel REIT Investment ROE % vs REITs Industry

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

* The bar in red indicates where Ichigo Hotel REIT Investment's ROE % falls into.


TSE:3463
66GF Score
Ichigo Hotel REIT Investment Corp TSE:3463
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ichigo Hotel REIT Investment ROE % Calculation

Ichigo Hotel REIT Investment's annualized ROE % for the fiscal year that ended in Jul. 2025 is calculated as

ROE %=Net Income (A: Jul. 2025 )/( (Total Stockholders Equity (A: Jul. 2024 )+Total Stockholders Equity (A: Jul. 2025 ))/ count )
=4693.647/( (40693.28+41075.536)/ 2 )
=4693.647/40884.408
=11.48 %

Ichigo Hotel REIT Investment's annualized ROE % for the quarter that ended in Jan. 2026 is calculated as

ROE %=Net Income (Q: Jan. 2026 )/( (Total Stockholders Equity (Q: Jul. 2025 )+Total Stockholders Equity (Q: Jan. 2026 ))/ count )
=2709.036/( (41075.536+41052.308)/ 2 )
=2709.036/41063.922
=6.60 %

* 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 (Jan. 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 6.60% mean?
Ichigo Hotel REIT Investment (TSE:3463) has a ROE % of 6.60% as of Jan. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Ichigo Hotel REIT Investment and its competitors. This is 24% above median its historical median of 5.31. Over the past decade, Ichigo Hotel REIT Investment's ROE % has ranged from 1.50 to 11.48. According to the industry distribution chart, Ichigo Hotel REIT Investment ranks #435 out of 932 companies in the REITs industry, placing it in the top 46.7%.
Is Ichigo Hotel REIT Investment's ROE % too high?
Ichigo Hotel REIT Investment's current ROE % of 6.60% is 24% above median its 10-year median of 5.31. Over the past 10 years, this metric has ranged from a low of 1.50 to a high of 11.48. The REITs industry median ROE % is 6.13. Ichigo Hotel REIT Investment's value of 6.60% is 7.7% above this industry median. Based on the distribution chart, Ichigo Hotel REIT Investment ranks #435 out of 932 companies in the REITs industry, which is above the industry midpoint. Overall, Ichigo Hotel REIT Investment has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ichigo Hotel REIT Investment's ROE % compare to HST and RHP?
According to the REITs industry distribution chart, Ichigo Hotel REIT Investment ranks #435 out of 932 companies for ROE %. This puts Ichigo Hotel REIT Investment in the upper half of its industry. The industry median ROE % is 6.13. Ichigo Hotel REIT Investment's value of 6.60% is 7.7% above this benchmark. Historically, Ichigo Hotel REIT Investment's own ROE % has ranged from 1.50 to 11.48 over the past decade. While the company's 10-year median is 5.31 vs. the industry median of 6.13, Ichigo Hotel REIT Investment has consistently been above 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 6.13, based on 932 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. Ichigo Hotel REIT Investment's current ROE % of 6.60% is 7.7% above 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 Ichigo Hotel REIT Investment and its competitors. For the REITs industry, the median ROE % is 6.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ichigo Hotel REIT Investment's current ROE % is 6.60%, which is 24% above median its own 10-year median of 5.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ichigo Hotel REIT Investment stock overvalued right now?
Based on GuruFocus' analysis, Ichigo Hotel REIT Investment (TSE:3463) is currently considered Modestly Undervalued. The stock's GF Value™ is 円168,081.11, compared to a current price of 円118,800.00 — trading 29.3% below its estimated fair value. The current ROE % is 6.60%, which is 24% above median its 10-year median of 5.31 and 7.7% above the REITs industry median of 6.13. Ichigo Hotel REIT Investment's overall GF Score™ is 66/100 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 Ichigo Hotel REIT Investment (TSE:3463), the current ROE % is 6.60% as of Jan. 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 Ichigo Hotel REIT Investment (TSE:3463) Overvalued in 2026?

Based on GuruFocus' analysis, Ichigo Hotel REIT Investment stock appears to be undervalued. The current stock price of 円118,800.00 is trading 29.3% below its estimated GF Value™ of 円168,081.11. GuruFocus considers Ichigo Hotel REIT Investment to be Modestly Undervalued.

Key valuation signals for TSE:3463:

  • ROE %: 6.60% (24% above median its 10-year median of 5.31)
  • GF Value™: 円168,081.11 vs. price of 円118,800.00 (29.3% below fair value)
  • GF Score™: 66/100 with 5 warning signs
  • Industry Position: 7.7% above the REITs median (#435 of 932)

No single metric tells the full story. See the TSE:3463 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ichigo Hotel REIT Investment Business Description

Industry Real EstateREITs
Address Marunouchi Park Building, 2-6-1 Marunouchi, 20th floor, Chiyoda-ku, Tokyo, JPN, 100-6920
Ichigo Hotel REIT Investment Corp operates as a real estate investment trust (REIT) investing in hotel properties. Its investment portfolio includes hotel properties in Sapporo, Kushiro, Yokohama, Tokyo, Hamamatsu, Nagoya, Tokoname, Suzuka, Kyoto, Kobe, Okayama, Osaka, Matsuyama, Hiroshima, Fukuoka and Okinawa.
66GF Score

Get the complete analysis for TSE:3463

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

円118,800.00
Price
円168,081.11
GF Value