Boxer Retail (JSE:BOX) ROA %: 14.66% (As of Feb. 2026) — 34% Above Median


JSE:BOX Boxer Retail Ltd JSE:BOX
18 GF Score
Price R85.04
! 5 Warning Signs
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What is Boxer Retail ROA %?

Boxer Retail JSE:BOX +0.31% 18 ROA % is 14.66% as of Feb. 2026, which is 34% above its 10-year median of 10.96. GuruFocus rates JSE:BOX with a GF Score™ of 18/100. The stock has 5 warning signs investors should review. Among 1,134 Retail - Cyclical companies, Boxer Retail ranks better than 86.77% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Boxer Retail's annualized Net Income for the quarter that ended in Feb. 2026 was R2,108 Mil. Boxer Retail's average Total Assets over the quarter that ended in Feb. 2026 was R14,376 Mil. Therefore, Boxer Retail's annualized ROA % for the quarter that ended in Feb. 2026 was 14.66%.

The historical rank and industry rank for Boxer Retail's ROA % or its related term are showing as below:

JSE:BOX' s ROA % Range Over the Past 10 Years
Min: 9.12   Med: 10.96   Max: 11.79
Current: 11.25

During the past 5 years, Boxer Retail's highest ROA % was 11.79%. The lowest was 9.12%. And the median was 10.96%.

JSE:BOX's ROA % is ranked better than
86.77% of 1134 companies
in the Retail - Cyclical industry
Industry Median: 2.725 vs JSE:BOX: 11.25

Boxer Retail  (JSE:BOX) 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 bank’s 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:

ROA %(Q: Feb. 2026 )
=Net Income/Total Assets
=2108/14376
=(Net Income / Revenue)*(Revenue / Total Assets)
=(2108 / 48328)*(48328 / 14376)
=Net Margin %*Asset Turnover
=4.36 %*3.3617
=14.66 %

Note: The Net Income data used here is two times the semi-annual (Feb. 2026) net income data. The Revenue data used here is two times the semi-annual (Feb. 2026) 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.


Boxer Retail ROA % Related Terms


Boxer Retail ROA % Historical Data

* Premium members only.

The historical data trend for Boxer Retail'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.

Boxer Retail ROA % Chart

Boxer Retail Annual Data
Trend Feb22 Feb23 Feb24 Feb25 Feb26
ROA %
9.12 10.96 11.79 10.87 11.52

Boxer Retail Semi-Annual Data
Feb22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
ROA % Get a 7-Day Free Trial 14.85 8.01 14.54 7.38 14.66

JSE:BOX vs DDS, M: ROA % Comparison

For the Department Stores subindustry, Boxer Retail'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.


Boxer Retail ROA % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Boxer Retail's ROA % distribution charts can be found below:

* The bar in red indicates where Boxer Retail's ROA % falls into.


JSE:BOX
18GF Score
Boxer Retail Ltd JSE:BOX
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
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Boxer Retail ROA % Calculation

Boxer Retail's annualized ROA % for the fiscal year that ended in Feb. 2026 is calculated as:

ROA %=Net Income (A: Feb. 2026 )/( (Total Assets (A: Feb. 2025 )+Total Assets (A: Feb. 2026 ))/ count )
=1556/( (12733+14292)/ 2 )
=1556/13512.5
=11.52 %

Boxer Retail's annualized ROA % for the quarter that ended in Feb. 2026 is calculated as:

ROA %=Net Income (Q: Feb. 2026 )/( (Total Assets (Q: Aug. 2025 )+Total Assets (Q: Feb. 2026 ))/ count )
=2108/( (14460+14292)/ 2 )
=2108/14376
=14.66 %

* 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 (Feb. 2026) net income data. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 14.66% mean?
Boxer Retail (JSE:BOX) has a ROA % of 14.66% as of Feb. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Boxer Retail and its competitors. This is 34% above median its historical median of 10.96. Over the past decade, Boxer Retail's ROA % has ranged from 9.12 to 11.79. According to the industry distribution chart, Boxer Retail ranks #150 out of 1134 companies in the Retail - Cyclical industry, placing it in the top 13.2%.
Is Boxer Retail's ROA % too high?
Boxer Retail's current ROA % of 14.66% is 34% above median its 10-year median of 10.96. Over the past 10 years, this metric has ranged from a low of 9.12 to a high of 11.79. The Retail - Cyclical industry median ROA % is 2.73. Boxer Retail's value of 14.66% is 438% above this industry median. Based on the distribution chart, Boxer Retail ranks #150 out of 1134 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Boxer Retail has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Boxer Retail's ROA % compare to DDS and M?
According to the Retail - Cyclical industry distribution chart, Boxer Retail ranks #150 out of 1134 companies for ROA %. This places Boxer Retail in the top 13% of its industry — outperforming the majority of peers. The industry median ROA % is 2.73. Boxer Retail's value of 14.66% is 438% above this benchmark. Historically, Boxer Retail's own ROA % has ranged from 9.12 to 11.79 over the past decade. While the company's 10-year median is 10.96 vs. the industry median of 2.73, Boxer Retail 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 Retail - Cyclical company?
The median ROA % among Retail - Cyclical companies is 2.73, based on 1,134 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. Boxer Retail's current ROA % of 14.66% is 438% 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 Boxer Retail and its competitors. For the Retail - Cyclical industry, the median ROA % is 2.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Boxer Retail's current ROA % is 14.66%, which is 34% above median its own 10-year median of 10.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Boxer Retail stock overvalued right now?
Boxer Retail (JSE:BOX) has a current ROA % of 14.66%. The current ROA % is 14.66%, which is 34% above median its 10-year median of 10.96 and 438% above the Retail - Cyclical industry median of 2.73. Boxer Retail's overall GF Score™ is 18/100 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 Boxer Retail (JSE:BOX), the current ROA % is 14.66% 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.

Boxer Retail Business Description

Address 41 The Boulevard, PO Box 370, Westend Office Park, Westville, NL, ZAF, 3630
Boxer Retail Ltd is engaged in the retail of food, health and beauty products, general merchandise and liquor, and additional value-added services, in South Africa and Eswatini. The group has one operating segment, namely Boxer Group which includes all retail operations under the Boxer Superstores, Boxer Build and Boxer Liquors brands selling products such as groceries, general merchandise and liquor.
18GF Score

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