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Balwin PropertiesJSE:BWN -0.24%48 Return-on-Tangible-Asset is 3.54% as of Feb. 2026, which is 46% below its 10-year median of 6.52. GuruFocus rates JSE:BWN with a GF Score™ of 48/100 and a GF Value™ of R2.31 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,804 Real Estate companies, Balwin Properties ranks better than 62.36% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Balwin Properties's annualizedNet Income for the quarter that ended in Feb. 2026 was R295 Mil. Balwin Properties's average total tangible assets for the quarter that ended in Feb. 2026 was R8,341 Mil. Therefore, Balwin Properties's annualized Return-on-Tangible-Asset for the quarter that ended in Feb. 2026 was 3.54%.
The historical rank and industry rank for Balwin Properties's Return-on-Tangible-Asset or its related term are showing as below:
JSE:BWN'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.9 Med: 6.52 Max: 25.6
Current: 2.97
During the past 11 years, Balwin Properties's highest Return-on-Tangible-Asset was 25.60%. The lowest was 2.90%. And the median was 6.52%.
JSE:BWN's Return-on-Tangible-Asset is ranked better than 62.36% of 1804
companies
in the Real Estate industry
Industry Median: 1.77
vs JSE:BWN: 2.97
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Balwin Properties Return-on-Tangible-Asset Related Terms
Balwin Properties Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Balwin Properties's Return-on-Tangible-Asset 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 Real Estate - Development subindustry, Balwin Properties's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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.
Balwin Properties Return-on-Tangible-Asset vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Balwin Properties's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Balwin Properties's Return-on-Tangible-Asset 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 Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets 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.
What does a Return-on-Tangible-Asset of 3.54% mean?
Balwin Properties (JSE:BWN) has a Return-on-Tangible-Asset of 3.54% as of Feb. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Balwin Properties and its competitors. This is 46% below median its historical median of 6.52. Over the past decade, Balwin Properties' Return-on-Tangible-Asset has ranged from 2.90 to 25.60. According to the industry distribution chart, Balwin Properties ranks #679 out of 1804 companies in the Real Estate industry, placing it in the top 37.6%.
Is Balwin Properties' Return-on-Tangible-Asset too high?
Balwin Properties' current Return-on-Tangible-Asset of 3.54% is 46% below median its 10-year median of 6.52. Over the past 10 years, this metric has ranged from a low of 2.90 to a high of 25.60. The Real Estate industry median Return-on-Tangible-Asset is 1.77. Balwin Properties' value of 3.54% is 100% above this industry median. Based on the distribution chart, Balwin Properties ranks #679 out of 1804 companies in the Real Estate industry, which is above the industry midpoint. Overall, Balwin Properties has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Balwin Properties' Return-on-Tangible-Asset compare to competitors?
According to the Real Estate industry distribution chart, Balwin Properties ranks #679 out of 1804 companies for Return-on-Tangible-Asset. This puts Balwin Properties in the upper half of its industry. The industry median Return-on-Tangible-Asset is 1.77. Balwin Properties' value of 3.54% is 100% above this benchmark. Historically, Balwin Properties' own Return-on-Tangible-Asset has ranged from 2.90 to 25.60 over the past decade. While the company's 10-year median is 6.52 vs. the industry median of 1.77, Balwin Properties 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 Return-on-Tangible-Asset for a Real Estate company?
The median Return-on-Tangible-Asset among Real Estate companies is 1.77, based on 1,804 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Balwin Properties's current Return-on-Tangible-Asset of 3.54% is 100% 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 Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Balwin Properties and its competitors. For the Real Estate industry, the median Return-on-Tangible-Asset is 1.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Balwin Properties's current Return-on-Tangible-Asset is 3.54%, which is 46% below median its own 10-year median of 6.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Balwin Properties stock overvalued right now?
Based on GuruFocus' analysis, Balwin Properties (JSE:BWN) is currently considered Significantly Overvalued. The stock's GF Value™ is R2.31, compared to a current price of R4.20 — trading 81.8% above its estimated fair value. The current Return-on-Tangible-Asset is 3.54%, which is 46% below median its 10-year median of 6.52 and 100% above the Real Estate industry median of 1.77. Balwin Properties' overall GF Score™ is 48/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Balwin Properties (JSE:BWN), the current Return-on-Tangible-Asset is 3.54% 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 Balwin Properties (JSE:BWN) Overvalued in 2026?
Based on GuruFocus' analysis, Balwin Properties stock appears to be overvalued.
The current stock price of R4.20 is trading 81.8% above its estimated GF Value™ of R2.31.
GuruFocus considers Balwin Properties to be Significantly Overvalued.
Key valuation signals for JSE:BWN:
Return-on-Tangible-Asset: 3.54% (46% below median its 10-year median of 6.52)
GF Value™: R2.31 vs. price of R4.20 (81.8% above fair value)
Industry Position: 100% above the Real Estate median (#679 of 1804)
No single metric tells the full story. See the JSE:BWN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Balwin Properties Ltd is engaged in residential property development and sale of sectional title estates, bond origination, information and communication technology services, rental of commercial property and other annuity based services provided to the residential developments. Its operating segments include Sale of apartments and land; Provision of services to residential estates; Bond commission; property rental; and Balwin Foundation. It derives majority of the revenue from Residential and commercial property rental segment.
48GF Score
Get the complete analysis for JSE:BWN
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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