Burstone GroupJSE:BTN +0.84%73 ROA % is 7.12% as of Mar. 2026, which is 65% above its 10-year median of 4.32. GuruFocus rates JSE:BTN with a GF Score™ of 73/100 and a GF Value™ of R8.69 (Fairly Valued). The stock has 11 warning signs investors should review. Among 939 REITs companies, Burstone Group ranks better than 62.62% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Burstone Group's annualizedNet Income for the quarter that ended in Mar. 2026 was R1,256 Mil.
Burstone Group's average Total Assets over the quarter that ended in Mar. 2026 was R17,631 Mil. Therefore, Burstone Group's annualized ROA % for the quarter that ended in Mar. 2026 was 7.12%.
The historical rank and industry rank for Burstone Group's ROA % or its related term are showing as below:
JSE:BTN'
s ROA % Range Over the Past 10 Years
Min: -10.01 Med: 4.32 Max: 8.03
Current: 4.46
During the past 13 years, Burstone Group's highest ROA % was 8.03%. The lowest was -10.01%. And the median was 4.32%.
JSE:BTN's ROA % is ranked better than 62.62% of 939
companies
in the REITs industry
Industry Median: 3.2
vs JSE:BTN: 4.46
Burstone Group (JSE:BTN) 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 (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (Mar. 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.
Burstone Group ROA % Related Terms
Burstone Group ROA % Historical Data
* Premium members only.
The historical data trend for Burstone Group'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 - Diversified subindustry, Burstone Group'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.
Burstone Group ROA % vs REITs Industry
For the REITs industry and Real Estate sector, Burstone Group's ROA % distribution charts can be found below:
* The bar in red indicates where Burstone Group'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 (Mar. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Burstone Group (JSE:BTN) has a ROA % of 7.12% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Burstone Group and its competitors. This is 65% above median its historical median of 4.32. According to the industry distribution chart, Burstone Group ranks #351 out of 939 companies in the REITs industry, placing it in the top 37.4%.
Is Burstone Group's ROA % too high?
Burstone Group's current ROA % of 7.12% is 65% above median its 10-year median of 4.32. The REITs industry median ROA % is 3.20. Burstone Group's value of 7.12% is 122.5% above this industry median. Based on the distribution chart, Burstone Group ranks #351 out of 939 companies in the REITs industry, which is above the industry midpoint. Overall, Burstone Group has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Burstone Group's ROA % compare to VICI and WPC?
According to the REITs industry distribution chart, Burstone Group ranks #351 out of 939 companies for ROA %. This puts Burstone Group in the upper half of its industry. The industry median ROA % is 3.20. Burstone Group's value of 7.12% is 122.5% above this benchmark. While the company's 10-year median is 4.32 vs. the industry median of 3.20, Burstone Group 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 3.20, based on 939 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. Burstone Group's current ROA % of 7.12% is 122.5% 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 Burstone Group and its competitors. For the REITs industry, the median ROA % is 3.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Burstone Group's current ROA % is 7.12%, which is 65% above median its own 10-year median of 4.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Burstone Group stock overvalued right now?
Based on GuruFocus' analysis, Burstone Group (JSE:BTN) is currently considered Fairly Valued. The stock's GF Value™ is R8.69, compared to a current price of R9.58 — trading 10.2% above its estimated fair value. The current ROA % is 7.12%, which is 65% above median its 10-year median of 4.32 and 122.5% above the REITs industry median of 3.20. Burstone Group's overall GF Score™ is 73/100 with 11 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 Burstone Group (JSE:BTN), the current ROA % is 7.12% as of Mar. 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 Burstone Group (JSE:BTN) Overvalued in 2026?
Based on GuruFocus' analysis, Burstone Group stock appears to be overvalued.
The current stock price of R9.58 is trading 10.2% above its estimated GF Value™ of R8.69.
GuruFocus considers Burstone Group to be Fairly Valued.
Key valuation signals for JSE:BTN:
ROA %: 7.12% (65% above median its 10-year median of 4.32)
GF Value™: R8.69 vs. price of R9.58 (10.2% above fair value)
Industry Position: 122.5% above the REITs median (#351 of 939)
No single metric tells the full story. See the JSE:BTN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Burstone Group Ltd is a real estate investment trust operating in South Africa and formed with the purpose of investing in direct real estate. The objective of the fund is to expand its asset base by investing in well-priced income-producing investment properties. The fund invests in the office, industrial, and retail property sectors and is managed and operated by Investec Property, which is a wholly-owned subsidiary of Investec. The fund is well diversified in terms of sectoral spread but mostly concentrates investments in the province of Gauteng from a geographical spread standpoint. The vast majority of the fund's revenue is derived from contracted rental fees.
73GF Score
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