Redefine PropertiesJSE:RDF -0.16%61 ROA % is 6.85% as of Feb. 2026, which is 75% above its 10-year median of 3.92. GuruFocus rates JSE:RDF with a GF Score™ of 61/100 and a GF Value™ of R3.92 (Significantly Overvalued). The stock has 12 warning signs investors should review. Among 938 REITs companies, Redefine Properties ranks better than 72.49% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Redefine Properties's annualizedNet Income for the quarter that ended in Feb. 2026 was R7,206 Mil.
Redefine Properties's average Total Assets over the quarter that ended in Feb. 2026 was R105,181 Mil. Therefore, Redefine Properties's annualized ROA % for the quarter that ended in Feb. 2026 was 6.85%.
The historical rank and industry rank for Redefine Properties's ROA % or its related term are showing as below:
JSE:RDF'
s ROA % Range Over the Past 10 Years
Min: -17.98 Med: 3.92 Max: 10.34
Current: 5.98
During the past 13 years, Redefine Properties's highest ROA % was 10.34%. The lowest was -17.98%. And the median was 3.92%.
JSE:RDF's ROA % is ranked better than 72.49% of 938
companies
in the REITs industry
Industry Median: 3.23
vs JSE:RDF: 5.98
Redefine Properties (JSE:RDF) 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.
Redefine Properties ROA % Related Terms
Redefine Properties ROA % Historical Data
* Premium members only.
The historical data trend for Redefine Properties'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, Redefine Properties'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.
Redefine Properties ROA % vs REITs Industry
For the REITs industry and Real Estate sector, Redefine Properties's ROA % distribution charts can be found below:
* The bar in red indicates where Redefine Properties'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.
Redefine Properties (JSE:RDF) has a ROA % of 6.85% 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 Redefine Properties and its competitors. This is 75% above median its historical median of 3.92. According to the industry distribution chart, Redefine Properties ranks #258 out of 938 companies in the REITs industry, placing it in the top 27.5%.
Is Redefine Properties' ROA % too high?
Redefine Properties' current ROA % of 6.85% is 75% above median its 10-year median of 3.92. The REITs industry median ROA % is 3.23. Redefine Properties' value of 6.85% is 112.1% above this industry median. Based on the distribution chart, Redefine Properties ranks #258 out of 938 companies in the REITs industry, which is above the industry midpoint. Overall, Redefine Properties has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Redefine Properties' ROA % compare to VICI and WPC?
According to the REITs industry distribution chart, Redefine Properties ranks #258 out of 938 companies for ROA %. This puts Redefine Properties in the upper half of its industry. The industry median ROA % is 3.23. Redefine Properties' value of 6.85% is 112.1% above this benchmark. While the company's 10-year median is 3.92 vs. the industry median of 3.23, Redefine Properties 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 3.23, 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. Redefine Properties's current ROA % of 6.85% is 112.1% 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 Redefine Properties and its competitors. For the REITs industry, the median ROA % is 3.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Redefine Properties's current ROA % is 6.85%, which is 75% above median its own 10-year median of 3.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Redefine Properties stock overvalued right now?
Based on GuruFocus' analysis, Redefine Properties (JSE:RDF) is currently considered Significantly Overvalued. The stock's GF Value™ is R3.92, compared to a current price of R6.36 — trading 62.2% above its estimated fair value. The current ROA % is 6.85%, which is 75% above median its 10-year median of 3.92 and 112.1% above the REITs industry median of 3.23. Redefine Properties' overall GF Score™ is 61/100 with 12 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 Redefine Properties (JSE:RDF), the current ROA % is 6.85% 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 Redefine Properties (JSE:RDF) Overvalued in 2026?
Based on GuruFocus' analysis, Redefine Properties stock appears to be overvalued.
The current stock price of R6.36 is trading 62.2% above its estimated GF Value™ of R3.92.
GuruFocus considers Redefine Properties to be Significantly Overvalued.
Key valuation signals for JSE:RDF:
ROA %: 6.85% (75% above median its 10-year median of 3.92)
GF Value™: R3.92 vs. price of R6.36 (62.2% above fair value)
Industry Position: 112.1% above the REITs median (#258 of 938)
No single metric tells the full story. See the JSE:RDF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Redefine Properties Ltd is a South African real estate investment trust involved in the ownership of office, retail, and industrial properties. The vast majority of Redefine's real estate portfolio is located in South Africa and Poland. Within South Africa, over half of the Company's properties by total value are situated in the province of Gauteng. The Group comprises the South Africa portfolio segment, including office, retail, industrial, specialised, and head office. Its international portfolio includes EPP, which is mainly retail; Redefine Europe, which is mainly industrial; Self Storage Investments, which is mainly self-storage; and Lango Real Estate, which represents the head office, along with head office funding related to international investments.
61GF Score
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