Tokyu ReitTSE:8957 +1.70%60 ROE % is 8.33% as of Jan. 2026, which is 27% above its 10-year median of 6.56. GuruFocus rates TSE:8957 with a GF Score™ of 60/100 and a GF Value™ of 円184,740.56 (Fairly Valued). The stock has 5 warning signs investors should review. Among 939 REITs companies, Tokyu Reit ranks better than 64.43% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Tokyu Reit's annualized net income for the quarter that ended in Jan. 2026 was 円10,356 Mil. Tokyu Reit's average Total Stockholders Equity over the quarter that ended in Jan. 2026 was 円124,273 Mil. Therefore, Tokyu Reit's annualized ROE % for the quarter that ended in Jan. 2026 was 8.33%.
The historical rank and industry rank for Tokyu Reit's ROE % or its related term are showing as below:
TSE:8957'
s ROE % Range Over the Past 10 Years
Min: 4.56 Med: 6.56 Max: 9.71
Current: 8.07
During the past 13 years, Tokyu Reit's highest ROE % was 9.71%. The lowest was 4.56%. And the median was 6.56%.
TSE:8957's ROE % is ranked better than 64.43% of 939
companies
in the REITs industry
Industry Median: 6.13
vs TSE:8957: 8.07
Tokyu Reit (TSE:8957) 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:
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.
Tokyu Reit ROE % Related Terms
Tokyu Reit ROE % Historical Data
* Premium members only.
The historical data trend for Tokyu 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.
For the REIT - Diversified subindustry, Tokyu 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.
Tokyu Reit ROE % vs REITs Industry
For the REITs industry and Real Estate sector, Tokyu Reit's ROE % distribution charts can be found below:
* The bar in red indicates where Tokyu Reit's ROE % falls into.
* 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.
Tokyu Reit (TSE:8957) has a ROE % of 8.33% 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 Tokyu Reit and its competitors. This is 27% above median its historical median of 6.56. Over the past decade, Tokyu Reit's ROE % has ranged from 4.56 to 9.71. According to the industry distribution chart, Tokyu Reit ranks #334 out of 939 companies in the REITs industry, placing it in the top 35.6%.
Is Tokyu Reit's ROE % too high?
Tokyu Reit's current ROE % of 8.33% is 27% above median its 10-year median of 6.56. Over the past 10 years, this metric has ranged from a low of 4.56 to a high of 9.71. The REITs industry median ROE % is 6.13. Tokyu Reit's value of 8.33% is 35.9% above this industry median. Based on the distribution chart, Tokyu Reit ranks #334 out of 939 companies in the REITs industry, which is above the industry midpoint. Overall, Tokyu Reit has a GF Score™ of 60/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tokyu Reit's ROE % compare to VICI and WPC?
According to the REITs industry distribution chart, Tokyu Reit ranks #334 out of 939 companies for ROE %. This puts Tokyu Reit in the upper half of its industry. The industry median ROE % is 6.13. Tokyu Reit's value of 8.33% is 35.9% above this benchmark. Historically, Tokyu Reit's own ROE % has ranged from 4.56 to 9.71 over the past decade. While the company's 10-year median is 6.56 vs. the industry median of 6.13, Tokyu Reit 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 939 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. Tokyu Reit's current ROE % of 8.33% is 35.9% 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 Tokyu Reit 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. Tokyu Reit's current ROE % is 8.33%, which is 27% above median its own 10-year median of 6.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokyu Reit stock overvalued right now?
Based on GuruFocus' analysis, Tokyu Reit (TSE:8957) is currently considered Fairly Valued. The stock's GF Value™ is 円184,740.56, compared to a current price of 円185,100.00 — trading 0.2% above its estimated fair value. The current ROE % is 8.33%, which is 27% above median its 10-year median of 6.56 and 35.9% above the REITs industry median of 6.13. Tokyu Reit's overall GF Score™ is 60/100 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 Tokyu Reit (TSE:8957), the current ROE % is 8.33% 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 Tokyu Reit (TSE:8957) Overvalued in 2026?
Based on GuruFocus' analysis, Tokyu Reit stock appears to be overvalued.
The current stock price of 円185,100.00 is trading 0.2% above its estimated GF Value™ of 円184,740.56.
GuruFocus considers Tokyu Reit to be Fairly Valued.
Key valuation signals for TSE:8957:
ROE %: 8.33% (27% above median its 10-year median of 6.56)
GF Value™: 円184,740.56 vs. price of 円185,100.00 (0.2% above fair value)
Industry Position: 35.9% above the REITs median (#334 of 939)
No single metric tells the full story. See the TSE:8957 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tokyu Reit Inc is a Japanese real estate company. It is engaged in asset investment and management based on principles of growth, stability, and transparency. The company invests predominantly in retail and office properties located in Chiyoda, Chuo, Minato, Shinjuku and Shibuya wards.
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