Balwin Properties (JSE:BWN) Return-on-Tangible-Equity: 6.63% (As of Feb. 2026) — 42% Below Median


JSE:BWN Balwin Properties Ltd JSE:BWN
49 GF Score
Price R4.21
GF Value R2.32
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Balwin Properties Return-on-Tangible-Equity?

Balwin Properties JSE:BWN 49 Return-on-Tangible-Equity is 6.63% as of Feb. 2026, which is 42% below its 10-year median of 11.46. GuruFocus rates JSE:BWN with a GF Score™ of 49/100 and a GF Value™ of R2.32 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,715 Real Estate companies, Balwin Properties ranks better than 55.98% on this metric.

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Balwin Properties's annualized net income for the quarter that ended in Feb. 2026 was R295 Mil. Balwin Properties's average shareholder tangible equity for the quarter that ended in Feb. 2026 was R4,444 Mil. Therefore, Balwin Properties's annualized Return-on-Tangible-Equity for the quarter that ended in Feb. 2026 was 6.63%.

The historical rank and industry rank for Balwin Properties's Return-on-Tangible-Equity or its related term are showing as below:

JSE:BWN' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 5.53   Med: 11.46   Max: 37.59
Current: 5.61

During the past 11 years, Balwin Properties's highest Return-on-Tangible-Equity was 37.59%. The lowest was 5.53%. And the median was 11.46%.

JSE:BWN's Return-on-Tangible-Equity is ranked better than
55.98% of 1715 companies
in the Real Estate industry
Industry Median: 4.23 vs JSE:BWN: 5.61

Balwin Properties  (JSE:BWN) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity 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 Return-on-Tangible-Equitys can be extremely high.


Balwin Properties Return-on-Tangible-Equity Related Terms


Balwin Properties Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Balwin Properties's Return-on-Tangible-Equity 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.

Balwin Properties Return-on-Tangible-Equity Chart

Balwin Properties Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.85 11.94 5.53 5.66 5.62

Balwin Properties Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
Return-on-Tangible-Equity 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 1.96 3.80 7.53 4.54 6.63

Balwin Properties Return-on-Tangible-Equity Competitor Comparison

For the Real Estate - Development subindustry, Balwin Properties's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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-Equity vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Balwin Properties's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Balwin Properties's Return-on-Tangible-Equity falls into.


JSE:BWN
49GF Score
Balwin Properties Ltd JSE:BWN
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Balwin Properties Return-on-Tangible-Equity Calculation

Balwin Properties's annualized Return-on-Tangible-Equity for the fiscal year that ended in Feb. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Feb. 2026 )  (A: Feb. 2025 )(A: Feb. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Feb. 2026 )  (A: Feb. 2025 )(A: Feb. 2026 )
=245.31/( (4231.318+4501.633 )/ 2 )
=245.31/4366.4755
=5.62 %

Balwin Properties's annualized Return-on-Tangible-Equity for the quarter that ended in Feb. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Feb. 2026 )  (Q: Aug. 2025 )(Q: Feb. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Feb. 2026 )  (Q: Aug. 2025 )(Q: Feb. 2026 )
=294.862/( (4386.502+4501.633)/ 2 )
=294.862/4444.0675
=6.63 %

* 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-Equity, the net income of the last fiscal year and the average total shareholder tangible 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. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 6.63% mean?
Balwin Properties (JSE:BWN) has a Return-on-Tangible-Equity of 6.63% as of Feb. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Balwin Properties and its competitors. This is 42% below median its historical median of 11.46. Over the past decade, Balwin Properties' Return-on-Tangible-Equity has ranged from 5.53 to 37.59. According to the industry distribution chart, Balwin Properties ranks #755 out of 1715 companies in the Real Estate industry, placing it in the top 44%.
Is Balwin Properties' Return-on-Tangible-Equity too high?
Balwin Properties' current Return-on-Tangible-Equity of 6.63% is 42% below median its 10-year median of 11.46. Over the past 10 years, this metric has ranged from a low of 5.53 to a high of 37.59. The Real Estate industry median Return-on-Tangible-Equity is 4.23. Balwin Properties' value of 6.63% is 56.7% above this industry median. Based on the distribution chart, Balwin Properties ranks #755 out of 1715 companies in the Real Estate industry, which is above the industry midpoint. Overall, Balwin Properties has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Balwin Properties' Return-on-Tangible-Equity compare to competitors?
According to the Real Estate industry distribution chart, Balwin Properties ranks #755 out of 1715 companies for Return-on-Tangible-Equity. This puts Balwin Properties in the upper half of its industry. The industry median Return-on-Tangible-Equity is 4.23. Balwin Properties' value of 6.63% is 56.7% above this benchmark. Historically, Balwin Properties' own Return-on-Tangible-Equity has ranged from 5.53 to 37.59 over the past decade. While the company's 10-year median is 11.46 vs. the industry median of 4.23, 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-Equity for a Real Estate company?
The median Return-on-Tangible-Equity among Real Estate companies is 4.23, based on 1,715 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Balwin Properties's current Return-on-Tangible-Equity of 6.63% is 56.7% 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 Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Balwin Properties and its competitors. For the Real Estate industry, the median Return-on-Tangible-Equity is 4.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Balwin Properties's current Return-on-Tangible-Equity is 6.63%, which is 42% below median its own 10-year median of 11.46. 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 R2.32, compared to a current price of R4.21 — trading 81.5% above its estimated fair value. The current Return-on-Tangible-Equity is 6.63%, which is 42% below median its 10-year median of 11.46 and 56.7% above the Real Estate industry median of 4.23. Balwin Properties' overall GF Score™ is 49/100 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-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Balwin Properties (JSE:BWN), the current Return-on-Tangible-Equity is 6.63% 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 R4.21 is trading 81.5% above its estimated GF Value™ of R2.32. GuruFocus considers Balwin Properties to be Significantly Overvalued.

Key valuation signals for JSE:BWN:

  • Return-on-Tangible-Equity: 6.63% (42% below median its 10-year median of 11.46)
  • GF Value™: R2.32 vs. price of R4.21 (81.5% above fair value)
  • GF Score™: 49/100 with 9 warning signs
  • Industry Position: 56.7% above the Real Estate median (#755 of 1715)

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 Business Description

Address 105 Corlett Drive, Melrose, Johannesburg, GT, ZAF, 2196
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.
49GF Score

Get the complete analysis for JSE:BWN

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R4.21
Price
R2.32
GF Value