Texton Property FundJSE:TEX 53 ROA % is 1.98% as of Dec. 2025, which is 500% above its 10-year median of 0.33. GuruFocus rates JSE:TEX with a GF Score™ of 53/100 and a GF Value™ of R2.45 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 938 REITs companies, Texton Property Fund ranks better than 56.29% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Texton Property Fund's annualizedNet Income for the quarter that ended in Dec. 2025 was R46.8 Mil.
Texton Property Fund's average Total Assets over the quarter that ended in Dec. 2025 was R2,368.1 Mil. Therefore, Texton Property Fund's annualized ROA % for the quarter that ended in Dec. 2025 was 1.98%.
The historical rank and industry rank for Texton Property Fund's ROA % or its related term are showing as below:
JSE:TEX'
s ROA % Range Over the Past 10 Years
Min: -10.97 Med: 0.33 Max: 6.16
Current: 3.77
During the past 13 years, Texton Property Fund's highest ROA % was 6.16%. The lowest was -10.97%. And the median was 0.33%.
JSE:TEX's ROA % is ranked better than 56.29% of 938
companies
in the REITs industry
Industry Median: 3.22
vs JSE:TEX: 3.77
Texton Property Fund (JSE:TEX) 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 (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) 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.
* 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, Texton 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.
Texton Property Fund ROA % vs REITs Industry
For the REITs industry and Real Estate sector, Texton Property Fund's ROA % distribution charts can be found below:
* The bar in red indicates where Texton 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 (Dec. 2025) net income data.
ROA % is displayed in the 30-year financial page.
Texton Property Fund (JSE:TEX) has a ROA % of 1.98% as of Dec. 2025. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Texton Property Fund and its competitors. This is 500% above median its historical median of 0.33. According to the industry distribution chart, Texton Property Fund ranks #410 out of 938 companies in the REITs industry, placing it in the top 43.7%.
Is Texton Property Fund's ROA % too high?
Texton Property Fund's current ROA % of 1.98% is 500% above median its 10-year median of 0.33. The REITs industry median ROA % is 3.22. Texton Property Fund's value of 1.98% is 38.5% below this industry median. Based on the distribution chart, Texton Property Fund ranks #410 out of 938 companies in the REITs industry, which is above the industry midpoint. Overall, Texton Property Fund has a GF Score™ of 53/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Texton Property Fund's ROA % compare to BXP and ARE?
According to the REITs industry distribution chart, Texton Property Fund ranks #410 out of 938 companies for ROA %. This puts Texton Property Fund in the upper half of its industry. The industry median ROA % is 3.22. Texton Property Fund's value of 1.98% is 38.5% below this benchmark. While the company's 10-year median is 0.33 vs. the industry median of 3.22, Texton Property Fund has consistently been below 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. Texton Property Fund's current ROA % of 1.98% is 38.5% 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 Texton Property Fund 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. Texton Property Fund's current ROA % is 1.98%, which is 500% above median its own 10-year median of 0.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Texton Property Fund stock overvalued right now?
Based on GuruFocus' analysis, Texton Property Fund (JSE:TEX) is currently considered Modestly Overvalued. The stock's GF Value™ is R2.45, compared to a current price of R3.00 — trading 22.4% above its estimated fair value. The current ROA % is 1.98%, which is 500% above median its 10-year median of 0.33 and 38.5% below the REITs industry median of 3.22. Texton Property Fund's overall GF Score™ is 53/100 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 Texton Property Fund (JSE:TEX), the current ROA % is 1.98% as of Dec. 2025. 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 Texton Property Fund (JSE:TEX) Overvalued in 2026?
Based on GuruFocus' analysis, Texton Property Fund stock appears to be overvalued.
The current stock price of R3.00 is trading 22.4% above its estimated GF Value™ of R2.45.
GuruFocus considers Texton Property Fund to be Modestly Overvalued.
Key valuation signals for JSE:TEX:
ROA %: 1.98% (500% above median its 10-year median of 0.33)
GF Value™: R2.45 vs. price of R3.00 (22.4% above fair value)
Industry Position: 38.5% below the REITs median (#410 of 938)
No single metric tells the full story. See the JSE:TEX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Texton Property Fund Ltd is a Real Estate Investment Trust that provides shareholders with access to a diversified portfolio of direct and indirect global real estate investments. The portfolio aims to deliver long-term income and capital growth. The core objective is to deliver sustainable, risk-adjusted returns to stakeholders through disciplined capital allocation, strategic asset management, and value-driven investments. The Group has three reportable segments: SA direct property, which derives maximum revenue; UK direct property; and international investments. Direct property investments are split into office, retail, and industrial.
53GF Score
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