Keppel DC REITFRA:R09 63 ROA % is 9.31% as of Dec. 2025, which is 66% above its 10-year median of 5.61. GuruFocus rates FRA:R09 with a GF Score™ of 63/100 and a GF Value™ of €1.63 (Fairly Valued). The stock has 10 warning signs investors should review. Among 938 REITs companies, Keppel DC REIT ranks better than 78.14% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Keppel DC REIT's annualizedNet Income for the quarter that ended in Dec. 2025 was €383.3 Mil.
Keppel DC REIT's average Total Assets over the quarter that ended in Dec. 2025 was €4,115.4 Mil. Therefore, Keppel DC REIT's annualized ROA % for the quarter that ended in Dec. 2025 was 9.31%.
The historical rank and industry rank for Keppel DC REIT's ROA % or its related term are showing as below:
FRA:R09'
s ROA % Range Over the Past 10 Years
Min: 2.92 Med: 5.61 Max: 8.8
Current: 7.18
During the past 12 years, Keppel DC REIT's highest ROA % was 8.80%. The lowest was 2.92%. And the median was 5.61%.
FRA:R09's ROA % is ranked better than 78.14% of 938
companies
in the REITs industry
Industry Median: 3.23
vs FRA:R09: 7.18
Keppel DC REIT (FRA:R09) ROA % Explanation
ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A banks ROA % is typically well under 2%.
Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:
Note:
The Net Income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) revenue data.
* 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
Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % 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 ROA % may indicate vulnerability in the durability of the competitive advantage.
E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.
Keppel DC REIT ROA % Related Terms
Keppel DC REIT ROA % Historical Data
* Premium members only.
The historical data trend for Keppel DC REIT's ROA % 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 - Office subindustry, Keppel DC REIT's ROA %, along with its competitors' market caps and ROA % 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.
Keppel DC REIT ROA % vs REITs Industry
For the REITs industry and Real Estate sector, Keppel DC REIT's ROA % distribution charts can be found below:
* The bar in red indicates where Keppel DC REIT's ROA % 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 ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is two times the semi-annual (Dec. 2025) net income data.
ROA % is displayed in the 30-year financial page.
Keppel DC REIT (FRA:R09) has a ROA % of 9.31% as of Dec. 2025. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Keppel DC REIT and its competitors. This is 66% above median its historical median of 5.61. Over the past decade, Keppel DC REIT's ROA % has ranged from 2.92 to 8.80. According to the industry distribution chart, Keppel DC REIT ranks #205 out of 938 companies in the REITs industry, placing it in the top 21.9%.
Is Keppel DC REIT's ROA % too high?
Keppel DC REIT's current ROA % of 9.31% is 66% above median its 10-year median of 5.61. Over the past 10 years, this metric has ranged from a low of 2.92 to a high of 8.80. The REITs industry median ROA % is 3.23. Keppel DC REIT's value of 9.31% is 188.2% above this industry median. Based on the distribution chart, Keppel DC REIT ranks #205 out of 938 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Keppel DC REIT has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Keppel DC REIT's ROA % compare to BXP and ARE?
According to the REITs industry distribution chart, Keppel DC REIT ranks #205 out of 938 companies for ROA %. This places Keppel DC REIT in the top 22% of its industry — outperforming the majority of peers. The industry median ROA % is 3.23. Keppel DC REIT's value of 9.31% is 188.2% above this benchmark. Historically, Keppel DC REIT's own ROA % has ranged from 2.92 to 8.80 over the past decade. While the company's 10-year median is 5.61 vs. the industry median of 3.23, Keppel DC 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 ROA % for a REITs company?
The median ROA % among REITs companies is 3.23, based on 938 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Keppel DC REIT's current ROA % of 9.31% is 188.2% 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Keppel DC REIT and its competitors. For the REITs industry, the median ROA % is 3.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Keppel DC REIT's current ROA % is 9.31%, which is 66% above median its own 10-year median of 5.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Keppel DC REIT stock overvalued right now?
Based on GuruFocus' analysis, Keppel DC REIT (FRA:R09) is currently considered Fairly Valued. The stock's GF Value™ is €1.63, compared to a current price of €1.50 — trading 8% below its estimated fair value. The current ROA % is 9.31%, which is 66% above median its 10-year median of 5.61 and 188.2% above the REITs industry median of 3.23. Keppel DC REIT's overall GF Score™ is 63/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Keppel DC REIT (FRA:R09), the current ROA % is 9.31% as of Dec. 2025. 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 Keppel DC REIT (FRA:R09) Overvalued in 2026?
Based on GuruFocus' analysis, Keppel DC REIT stock appears to be undervalued.
The current stock price of €1.50 is trading 8% below its estimated GF Value™ of €1.63.
GuruFocus considers Keppel DC REIT to be Fairly Valued.
Key valuation signals for FRA:R09:
ROA %: 9.31% (66% above median its 10-year median of 5.61)
GF Value™: €1.63 vs. price of €1.50 (8% below fair value)
Industry Position: 188.2% above the REITs median (#205 of 938)
No single metric tells the full story. See the FRA:R09 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Keppel DC REIT is a real estate investment trust that principally invests in real estate assets used primarily for data center purposes and assets necessary to support the digital economy. As at March 31, 2026, it held a SGD 6.3 billion portfolio of 25 properties across 10 countries in Asia and Europe. Its properties are leased out as colocation, fully fitted, and shell and core data centers. The trust is externally managed by Keppel DC REIT Management Pte. Ltd., and parent company Keppel Limited owns around a 20% stake in the trust.
63GF Score
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