ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Accelerate Property Fund's annualizedNet Income for the quarter that ended in Sep. 2025 was R98.3 Mil.
Accelerate Property Fund's average Total Assets over the quarter that ended in Sep. 2025 was R7,896.0 Mil. Therefore, Accelerate Property Fund's annualized ROA % for the quarter that ended in Sep. 2025 was 1.25%.
The historical rank and industry rank for Accelerate Property Fund's ROA % or its related term are showing as below:
JSE:APF'
s ROA % Range Over the Past 10 Years
Min: -14.42 Med: -2.45 Max: 10.04
Current: -11.69
During the past 13 years, Accelerate Property Fund's highest ROA % was 10.04%. The lowest was -14.42%. And the median was -2.45%.
JSE:APF's ROA % is ranked worse than 97.97% of 938
companies
in the REITs industry
Industry Median: 3.22
vs JSE:APF: -11.69
Accelerate Property Fund (JSE:APF) 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 (Sep. 2025) net income data. The Revenue data used here is two times the semi-annual (Sep. 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.
* 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 - Retail subindustry, Accelerate Property Fund'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.
Accelerate Property Fund ROA % vs REITs Industry
For the REITs industry and Real Estate sector, Accelerate Property Fund's ROA % distribution charts can be found below:
* The bar in red indicates where Accelerate Property Fund'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 (Sep. 2025) net income data.
ROA % is displayed in the 30-year financial page.
Accelerate Property Fund (JSE:APF) has a ROA % of 1.25% as of Sep. 2025. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Accelerate Property Fund and its competitors. According to the industry distribution chart, Accelerate Property Fund ranks #919 out of 938 companies in the REITs industry, placing it in the top 98%.
Is Accelerate Property Fund's ROA % too high?
Accelerate Property Fund's current ROA % is 1.25%. The REITs industry median ROA % is 3.22. Accelerate Property Fund's value of 1.25% is 61.2% below this industry median. Based on the distribution chart, Accelerate Property Fund ranks #919 out of 938 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Accelerate Property Fund has a GF Score™ of 30/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Accelerate Property Fund's ROA % compare to SPG and O?
According to the REITs industry distribution chart, Accelerate Property Fund ranks #919 out of 938 companies for ROA %. This places Accelerate Property Fund in the lower half of its industry. The industry median ROA % is 3.22. Accelerate Property Fund's value of 1.25% is 61.2% below this benchmark. 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 3.22, 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. Accelerate Property Fund's current ROA % of 1.25% is 61.2% below 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 Accelerate Property Fund and its competitors. For the REITs industry, the median ROA % is 3.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Accelerate Property Fund's current ROA % is 1.25%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Accelerate Property Fund stock overvalued right now?
Based on GuruFocus' analysis, Accelerate Property Fund (JSE:APF) is currently considered Significantly Overvalued. The stock's GF Value™ is R0.37, compared to a current price of R0.53 — trading 43.2% above its estimated fair value. The current ROA % is 1.25% and 61.2% below the REITs industry median of 3.22. Accelerate Property Fund's overall GF Score™ is 30/100 with 5 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 Accelerate Property Fund (JSE:APF), the current ROA % is 1.25% as of Sep. 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 Accelerate Property Fund (JSE:APF) Overvalued in 2026?
Based on GuruFocus' analysis, Accelerate Property Fund stock appears to be overvalued.
The current stock price of R0.53 is trading 43.2% above its estimated GF Value™ of R0.37.
GuruFocus considers Accelerate Property Fund to be Significantly Overvalued.
Key valuation signals for JSE:APF:
ROA %: 1.25%
GF Value™: R0.37 vs. price of R0.53 (43.2% above fair value)
Industry Position: 61.2% below the REITs median (#919 of 938)
No single metric tells the full story. See the JSE:APF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Accelerate Property Fund Ltd is a retail-focused property fund. It functions through three operating segments. The industrial segment acquires, develops, and leases warehouses and factories. The retail segment acquires, develops, and leases shopping malls, community centers as well as retail centers. Commercial segment acquires develops and leases offices. Out of which Retail segment is a key revenue driver. Geographically, it has a presence in South Africa, Austria, and Slovakia, out of which the majority of its revenue is generated from South Africa.
30GF Score
Get the complete analysis for JSE:APF
ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
JSE:APF has been successfully added to your 
