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Arena REITASX:ARF -2.21%71 3-Year Book Growth Rate is 2.10% as of Jun. 2026, which is 81% below its 10-year median of 10.80. GuruFocus rates ASX:ARF with a GF Score™ of 71/100 and a GF Value™ of A$3.81 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 812 REITs companies, Arena REIT ranks better than 73.4% on this metric.
During the past 12 months, Arena REIT's average Book Value per Share Growth Rate was 4.00% per year.
During the past 3 years, the average Book Value per Share Growth Rate was 2.10% per year.
During the past 5 years, the average Book Value per Share Growth Rate was 6.30% per year.
During the past 10 years, the average Book Value per Share Growth Rate was 8.70% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.
During the past 13 years, the highest 3-Year average Book Value per Share Growth Rate of Arena REIT was 14.80% per year. The lowest was 2.00% per year. And the median was 10.80% per year.
Arena REIT (ASX:ARF) 3-Year Book Growth Rate Explanation
Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.
Arena REIT 3-Year Book Growth Rate Related Terms
ASX:ARF vs EQIX, AMT, DLR: 3-Year Book Growth Rate Comparison
For the REIT - Specialty subindustry, Arena REIT's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate 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.
Arena REIT 3-Year Book Growth Rate vs REITs Industry
For the REITs industry and Real Estate sector, Arena REIT's 3-Year Book Growth Rate distribution charts can be found below:
* The bar in red indicates where Arena REIT's 3-Year Book Growth Rate falls into.
This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.
What does a 3-Year Book Growth Rate of 2.10% mean?
Arena REIT (ASX:ARF) has a 3-Year Book Growth Rate of 2.10% as of Jun. 2026. 3-Year Book Growth Rate is the 3-year average growth rate of Book Value per Share. View historical data for Arena REIT and its competitors. This is 81% below median its historical median of 10.80. Over the past decade, Arena REIT's 3-Year Book Growth Rate has ranged from 2.00 to 14.80. According to the industry distribution chart, Arena REIT ranks #216 out of 812 companies in the REITs industry, placing it in the top 26.6%.
Is Arena REIT's 3-Year Book Growth Rate too high?
Arena REIT's current 3-Year Book Growth Rate of 2.10% is 81% below median its 10-year median of 10.80. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 14.80. Based on the distribution chart, Arena REIT ranks #216 out of 812 companies in the REITs industry, which is above the industry midpoint. Overall, Arena REIT has a GF Score™ of 71/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Arena REIT's 3-Year Book Growth Rate compare to EQIX and AMT?
According to the REITs industry distribution chart, Arena REIT ranks #216 out of 812 companies for 3-Year Book Growth Rate. This puts Arena REIT in the upper half of its industry. Historically, Arena REIT's own 3-Year Book Growth Rate has ranged from 2.00 to 14.80 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year Book Growth Rate for a REITs company?
A good 3-Year Book Growth Rate depends on the REITs industry context. However, 3-Year Book Growth Rate should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year Book Growth Rate mean?
A high 3-Year Book Growth Rate can signal that a stock is expensive relative to its fundamentals. 3-Year Book Growth Rate is the 3-year average growth rate of Book Value per Share. View historical data for Arena REIT and its competitors. Arena REIT's current 3-Year Book Growth Rate is 2.10%, which is 81% below median its own 10-year median of 10.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arena REIT stock overvalued right now?
Based on GuruFocus' analysis, Arena REIT (ASX:ARF) is currently considered Possible Value Trap. The stock's GF Value™ is A$3.81, compared to a current price of A$2.21 — trading 42% below its estimated fair value. The current 3-Year Book Growth Rate is 2.10%, which is 81% below median its 10-year median of 10.80. Arena REIT's overall GF Score™ is 71/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Book Growth Rate calculated?
3-Year Book Growth Rate is calculated from a company's financial statements. For Arena REIT (ASX:ARF), the current 3-Year Book Growth Rate is 2.10% as of Jun. 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 Arena REIT (ASX:ARF) Overvalued in 2026?
Based on GuruFocus' analysis, Arena REIT stock appears to be undervalued.
The current stock price of A$2.21 is trading 42% below its estimated GF Value™ of A$3.81.
GuruFocus considers Arena REIT to be Possible Value Trap.
Key valuation signals for ASX:ARF:
3-Year Book Growth Rate: 2.10% (81% below median its 10-year median of 10.80)
GF Value™: A$3.81 vs. price of A$2.21 (42% below fair value)
No single metric tells the full story. See the ASX:ARF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Arena REIT is an internally managed Australian property trust. The REIT specializes in leasing social infrastructure properties, with close to 300 childcare centers and about a dozen healthcare facilities in its portfolio. Typically, tenants enter into long-term leases with inflation-linked or fixed rental escalations every year. All leases are "triple net," meaning tenants pay for all statutory and operating outgoings and costs, such as land tax, insurance, electricity, and maintenance. The tenant profile is concentrated—almost three quarters of rents are generated from the top five tenants. Arena actively grows its property book through acquisitions and developments, and historically added on average 10 sites, net of divestments, per year.
71GF Score
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