ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Delta Property Fund's annualizedNet Income for the quarter that ended in Feb. 2026 was R153 Mil.
Delta Property Fund's average Total Assets over the quarter that ended in Feb. 2026 was R6,499 Mil. Therefore, Delta Property Fund's annualized ROA % for the quarter that ended in Feb. 2026 was 2.35%.
The historical rank and industry rank for Delta Property Fund's ROA % or its related term are showing as below:
JSE:DLT'
s ROA % Range Over the Past 10 Years
Min: -9.36 Med: -1.62 Max: 6.71
Current: 1.95
During the past 13 years, Delta Property Fund's highest ROA % was 6.71%. The lowest was -9.36%. And the median was -1.62%.
JSE:DLT's ROA % is ranked worse than 63.2% of 943
companies
in the REITs industry
Industry Median: 3.2
vs JSE:DLT: 1.95
Delta Property Fund (JSE:DLT) 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 (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.
Delta Property Fund ROA % Related Terms
Delta Property Fund ROA % Historical Data
* Premium members only.
The historical data trend for Delta Property Fund'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, Delta 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.
Delta Property Fund ROA % vs REITs Industry
For the REITs industry and Real Estate sector, Delta Property Fund's ROA % distribution charts can be found below:
* The bar in red indicates where Delta 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 (Feb. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Delta Property Fund (JSE:DLT) has a ROA % of 2.35% 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 Delta Property Fund and its competitors. According to the industry distribution chart, Delta Property Fund ranks #596 out of 943 companies in the REITs industry, placing it in the top 63.2%.
Is Delta Property Fund's ROA % too high?
Delta Property Fund's current ROA % is 2.35%. The REITs industry median ROA % is 3.20. Delta Property Fund's value of 2.35% is 26.6% below this industry median. Based on the distribution chart, Delta Property Fund ranks #596 out of 943 companies in the REITs industry, which is below the industry midpoint. Overall, Delta Property Fund has a GF Score™ of 28/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Delta Property Fund's ROA % compare to BXP and ARE?
According to the REITs industry distribution chart, Delta Property Fund ranks #596 out of 943 companies for ROA %. This places Delta Property Fund in the lower half of its industry. The industry median ROA % is 3.20. Delta Property Fund's value of 2.35% is 26.6% 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 3.20, based on 943 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. Delta Property Fund's current ROA % of 2.35% is 26.6% 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 Delta Property Fund 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. Delta Property Fund's current ROA % is 2.35%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Delta Property Fund stock overvalued right now?
Based on GuruFocus' analysis, Delta Property Fund (JSE:DLT) is currently considered Significantly Overvalued. The stock's GF Value™ is R0.23, compared to a current price of R0.50 — trading 117.4% above its estimated fair value. The current ROA % is 2.35% and 26.6% below the REITs industry median of 3.20. Delta Property Fund's overall GF Score™ is 28/100 with 9 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 Delta Property Fund (JSE:DLT), the current ROA % is 2.35% 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 Delta Property Fund (JSE:DLT) Overvalued in 2026?
Based on GuruFocus' analysis, Delta Property Fund stock appears to be overvalued.
The current stock price of R0.50 is trading 117.4% above its estimated GF Value™ of R0.23.
GuruFocus considers Delta Property Fund to be Significantly Overvalued.
Key valuation signals for JSE:DLT:
ROA %: 2.35%
GF Value™: R0.23 vs. price of R0.50 (117.4% above fair value)
Industry Position: 26.6% below the REITs median (#596 of 943)
No single metric tells the full story. See the JSE:DLT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Delta Property Fund Ltd engages in making long-term investments in rental-generating properties. The company comprises three segments, namely, Office-Sovereign, Office-Other, and Head Office. The firm generates its revenue mainly from the Office Sovereign segment. The portfolio of the company consists of large assets, single tenanted by the national government, provincial government, state-owned enterprises, and large blue-chip corporations under long leases.
28GF Score
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