Exemplar REITailJSE:EXP 73 ROA % is 17.68% as of Feb. 2026, which is 55% above its 10-year median of 11.41. GuruFocus rates JSE:EXP with a GF Score™ of 73/100 and a GF Value™ of R15.65 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 938 REITs companies, Exemplar REITail ranks better than 92.11% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Exemplar REITail's annualizedNet Income for the quarter that ended in Feb. 2026 was R1,988 Mil.
Exemplar REITail's average Total Assets over the quarter that ended in Feb. 2026 was R11,243 Mil. Therefore, Exemplar REITail's annualized ROA % for the quarter that ended in Feb. 2026 was 17.68%.
The historical rank and industry rank for Exemplar REITail's ROA % or its related term are showing as below:
JSE:EXP'
s ROA % Range Over the Past 10 Years
Min: 3.6 Med: 11.41 Max: 12.89
Current: 12.89
During the past 11 years, Exemplar REITail's highest ROA % was 12.89%. The lowest was 3.60%. And the median was 11.41%.
JSE:EXP's ROA % is ranked better than 92.11% of 938
companies
in the REITs industry
Industry Median: 3.22
vs JSE:EXP: 12.89
Exemplar REITail (JSE:EXP) 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.
Exemplar REITail ROA % Related Terms
Exemplar REITail ROA % Historical Data
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The historical data trend for Exemplar REITail'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 - Retail subindustry, Exemplar REITail'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.
Exemplar REITail ROA % vs REITs Industry
For the REITs industry and Real Estate sector, Exemplar REITail's ROA % distribution charts can be found below:
* The bar in red indicates where Exemplar REITail'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.
Exemplar REITail (JSE:EXP) has a ROA % of 17.68% 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 Exemplar REITail and its competitors. This is 55% above median its historical median of 11.41. Over the past decade, Exemplar REITail's ROA % has ranged from 3.60 to 12.89. According to the industry distribution chart, Exemplar REITail ranks #74 out of 938 companies in the REITs industry, placing it in the top 7.9%.
Is Exemplar REITail's ROA % too high?
Exemplar REITail's current ROA % of 17.68% is 55% above median its 10-year median of 11.41. Over the past 10 years, this metric has ranged from a low of 3.60 to a high of 12.89. The REITs industry median ROA % is 3.22. Exemplar REITail's value of 17.68% is 449.1% above this industry median. Based on the distribution chart, Exemplar REITail ranks #74 out of 938 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Exemplar REITail has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Exemplar REITail's ROA % compare to SPG and O?
According to the REITs industry distribution chart, Exemplar REITail ranks #74 out of 938 companies for ROA %. This places Exemplar REITail in the top 8% of its industry — outperforming the majority of peers. The industry median ROA % is 3.22. Exemplar REITail's value of 17.68% is 449.1% above this benchmark. Historically, Exemplar REITail's own ROA % has ranged from 3.60 to 12.89 over the past decade. While the company's 10-year median is 11.41 vs. the industry median of 3.22, Exemplar REITail 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 3.22, 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. Exemplar REITail's current ROA % of 17.68% is 449.1% 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 Exemplar REITail 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. Exemplar REITail's current ROA % is 17.68%, which is 55% above median its own 10-year median of 11.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Exemplar REITail stock overvalued right now?
Based on GuruFocus' analysis, Exemplar REITail (JSE:EXP) is currently considered Modestly Overvalued. The stock's GF Value™ is R15.65, compared to a current price of R18.00 — trading 15% above its estimated fair value. The current ROA % is 17.68%, which is 55% above median its 10-year median of 11.41 and 449.1% above the REITs industry median of 3.22. Exemplar REITail's overall GF Score™ is 73/100 with 6 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 Exemplar REITail (JSE:EXP), the current ROA % is 17.68% 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 Exemplar REITail (JSE:EXP) Overvalued in 2026?
Based on GuruFocus' analysis, Exemplar REITail stock appears to be overvalued.
The current stock price of R18.00 is trading 15% above its estimated GF Value™ of R15.65.
GuruFocus considers Exemplar REITail to be Modestly Overvalued.
Key valuation signals for JSE:EXP:
ROA %: 17.68% (55% above median its 10-year median of 11.41)
GF Value™: R15.65 vs. price of R18.00 (15% above fair value)
Industry Position: 449.1% above the REITs median (#74 of 938)
No single metric tells the full story. See the JSE:EXP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Exemplar REITail Ltd is a real estate investment trust which develops, owns and manages township and rural retail real estate. The company is the only fund in the country focused purely on retail in under-serviced areas that offers stakeholders investment opportunities. The company's retail segments based on geography consist of Gauteng, Mpumalanga, KwaZulu-Natal, Limpopo, Eastern and Western Cape.
73GF Score
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