CENTRAL REIT Investment (TSE:3488) ROE %: 6.14% (As of Feb. 2026) — Near Median


TSE:3488 CENTRAL REIT Investment Corp TSE:3488
58 GF Score
Price 円104,300.00
GF Value 円131,723.50
Valuation Modestly Undervalued
! 4 Warning Signs
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What is CENTRAL REIT Investment ROE %?

CENTRAL REIT Investment TSE:3488 -0.29% 58 ROE % is 6.14% as of Feb. 2026, which is 0% above its 10-year median of 6.11. GuruFocus rates TSE:3488 with a GF Score™ of 58/100 and a GF Value™ of 円131,723.50 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 938 REITs companies, CENTRAL REIT Investment ranks better than 50% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. CENTRAL REIT Investment's annualized net income for the quarter that ended in Feb. 2026 was 円1,617 Mil. CENTRAL REIT Investment's average Total Stockholders Equity over the quarter that ended in Feb. 2026 was 円26,333 Mil. Therefore, CENTRAL REIT Investment's annualized ROE % for the quarter that ended in Feb. 2026 was 6.14%.

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

TSE:3488' s ROE % Range Over the Past 10 Years
Min: 2.52   Med: 6.11   Max: 7.54
Current: 6.13

During the past 8 years, CENTRAL REIT Investment's highest ROE % was 7.54%. The lowest was 2.52%. And the median was 6.11%.

TSE:3488's ROE % is ranked better than
50% of 938 companies
in the REITs industry
Industry Median: 6.13 vs TSE:3488: 6.13

CENTRAL REIT Investment  (TSE:3488) 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: Feb. 2026 )
=Net Income/Total Stockholders Equity
=1616.748/26332.8255
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1616.748 / 4313.532)*(4313.532 / 48877.7175)*(48877.7175 / 26332.8255)
=Net Margin %*Asset Turnover*Equity Multiplier
=37.48 %*0.0883*1.8562
=ROA %*Equity Multiplier
=3.31 %*1.8562
=6.14 %

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: Feb. 2026 )
=Net Income/Total Stockholders Equity
=1616.748/26332.8255
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (1616.748 / 1618.518) * (1618.518 / 1872.296) * (1872.296 / 4313.532) * (4313.532 / 48877.7175) * (48877.7175 / 26332.8255)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9989 * 0.8645 * 43.41 % * 0.0883 * 1.8562
=6.14 %

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


CENTRAL REIT Investment ROE % Related Terms


CENTRAL REIT Investment ROE % Historical Data

* Premium members only.

The historical data trend for CENTRAL 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.

CENTRAL REIT Investment ROE % Chart

CENTRAL REIT Investment Annual Data
Trend Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
ROE %
Get a 7-Day Free Trial 5.58 7.54 6.09 6.30 6.13

CENTRAL REIT Investment Semi-Annual Data
Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 6.28 6.33 6.12 6.12 6.14

TSE:3488 vs VICI, WPC, BNL: ROE % Comparison

For the REIT - Diversified subindustry, CENTRAL 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.


CENTRAL REIT Investment ROE % vs REITs Industry

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

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


TSE:3488
58GF Score
CENTRAL REIT Investment Corp TSE:3488
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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CENTRAL REIT Investment ROE % Calculation

CENTRAL REIT Investment's annualized ROE % for the fiscal year that ended in Aug. 2025 is calculated as

ROE %=Net Income (A: Aug. 2025 )/( (Total Stockholders Equity (A: Aug. 2024 )+Total Stockholders Equity (A: Aug. 2025 ))/ count )
=1610.566/( (26271.398+26255.486)/ 2 )
=1610.566/26263.442
=6.13 %

CENTRAL REIT Investment's annualized ROE % for the quarter that ended in Feb. 2026 is calculated as

ROE %=Net Income (Q: Feb. 2026 )/( (Total Stockholders Equity (Q: Aug. 2025 )+Total Stockholders Equity (Q: Feb. 2026 ))/ count )
=1616.748/( (26255.486+26410.165)/ 2 )
=1616.748/26332.8255
=6.14 %

* 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 (Feb. 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 6.14% mean?
CENTRAL REIT Investment (TSE:3488) has a ROE % of 6.14% as of Feb. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on CENTRAL REIT Investment and its competitors. This is near median its historical median of 6.11. Over the past decade, CENTRAL REIT Investment's ROE % has ranged from 2.52 to 7.54. According to the industry distribution chart, CENTRAL REIT Investment ranks #469 out of 938 companies in the REITs industry, placing it in the top 50%.
Is CENTRAL REIT Investment's ROE % too high?
CENTRAL REIT Investment's current ROE % of 6.14% is near median its 10-year median of 6.11. Over the past 10 years, this metric has ranged from a low of 2.52 to a high of 7.54. The REITs industry median ROE % is 6.13. CENTRAL REIT Investment's value of 6.14% is 0.2% above this industry median. Based on the distribution chart, CENTRAL REIT Investment ranks #469 out of 938 companies in the REITs industry, which is above the industry midpoint. Overall, CENTRAL REIT Investment has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CENTRAL REIT Investment's ROE % compare to VICI and WPC?
According to the REITs industry distribution chart, CENTRAL REIT Investment ranks #469 out of 938 companies for ROE %. This puts CENTRAL REIT Investment in the upper half of its industry. The industry median ROE % is 6.13. CENTRAL REIT Investment's value of 6.14% is 0.2% above this benchmark. Historically, CENTRAL REIT Investment's own ROE % has ranged from 2.52 to 7.54 over the past decade. While the company's 10-year median is 6.11 vs. the industry median of 6.13, CENTRAL 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 938 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. CENTRAL REIT Investment's current ROE % of 6.14% is 0.2% 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 CENTRAL 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. CENTRAL REIT Investment's current ROE % is 6.14%, which is near median its own 10-year median of 6.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CENTRAL REIT Investment stock overvalued right now?
Based on GuruFocus' analysis, CENTRAL REIT Investment (TSE:3488) is currently considered Modestly Undervalued. The stock's GF Value™ is 円131,723.50, compared to a current price of 円104,300.00 — trading 20.8% below its estimated fair value. The current ROE % is 6.14%, which is near median its 10-year median of 6.11 and 0.2% above the REITs industry median of 6.13. CENTRAL REIT Investment'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 ROE % calculated?
ROE % is calculated from a company's financial statements. For CENTRAL REIT Investment (TSE:3488), the current ROE % is 6.14% as of Feb. 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 CENTRAL REIT Investment (TSE:3488) Overvalued in 2026?

Based on GuruFocus' analysis, CENTRAL REIT Investment stock appears to be undervalued. The current stock price of 円104,300.00 is trading 20.8% below its estimated GF Value™ of 円131,723.50. GuruFocus considers CENTRAL REIT Investment to be Modestly Undervalued.

Key valuation signals for TSE:3488:

  • ROE %: 6.14% (near median its 10-year median of 6.11)
  • GF Value™: 円131,723.50 vs. price of 円104,300.00 (20.8% below fair value)
  • GF Score™: 58/100 with 4 warning signs
  • Industry Position: 0.2% above the REITs median (#469 of 938)

No single metric tells the full story. See the TSE:3488 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CENTRAL REIT Investment Business Description

Industry Real EstateREITs
Address 1-11-30 Akasaka, Minato-ku, Tokyo, JPN, 107-0052
CENTRAL REIT Investment Corp, formerly XYMAX REIT Investment Corp works as a real estate manager. The company offers a range of services including leasing, managing, brokerage, consulting, and other services. It operates properties including office, retail, logistics and hotel buildings based on contract.
58GF Score

Get the complete analysis for TSE:3488

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

円104,300.00
Price
円131,723.50
GF Value