Vukile Property Fund (NAM:VKN) ROA %: 11.23% (As of Mar. 2026) — 99% Above Median


NAM:VKN Vukile Property Fund Ltd NAM:VKN
73 GF Score
Price N$25.34
GF Value N$21.63
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Vukile Property Fund ROA %?

Vukile Property Fund NAM:VKN +1.81% 73 ROA % is 11.23% as of Mar. 2026, which is 99% above its 10-year median of 5.63. GuruFocus rates NAM:VKN with a GF Score™ of 73/100 and a GF Value™ of N$21.63 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 938 REITs companies, Vukile Property Fund ranks better than 84.22% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Vukile Property Fund's annualized Net Income for the quarter that ended in Mar. 2026 was N$6,657 Mil. Vukile Property Fund's average Total Assets over the quarter that ended in Mar. 2026 was N$59,260 Mil. Therefore, Vukile Property Fund's annualized ROA % for the quarter that ended in Mar. 2026 was 11.23%.

The historical rank and industry rank for Vukile Property Fund's ROA % or its related term are showing as below:

NAM:VKN' s ROA % Range Over the Past 10 Years
Min: -0.27   Med: 5.63   Max: 11.76
Current: 9.77

During the past 13 years, Vukile Property Fund's highest ROA % was 11.76%. The lowest was -0.27%. And the median was 5.63%.

NAM:VKN's ROA % is ranked better than
84.22% of 938 companies
in the REITs industry
Industry Median: 3.22 vs NAM:VKN: 9.77

Vukile Property Fund  (NAM:VKN) 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 bank’s 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:

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=6657.354/59260.395
=(Net Income / Revenue)*(Revenue / Total Assets)
=(6657.354 / 5750.518)*(5750.518 / 59260.395)
=Net Margin %*Asset Turnover
=115.77 %*0.097
=11.23 %

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.


Vukile Property Fund ROA % Related Terms


Vukile Property Fund ROA % Historical Data

* Premium members only.

The historical data trend for Vukile 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.

Vukile Property Fund ROA % Chart

Vukile Property Fund Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.40 4.69 3.71 6.64 10.09

Vukile Property Fund Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.94 5.63 7.65 8.65 11.23

NAM:VKN vs SPG, O, KIM: ROA % Comparison

For the REIT - Retail subindustry, Vukile 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.


Vukile Property Fund ROA % vs REITs Industry

For the REITs industry and Real Estate sector, Vukile Property Fund's ROA % distribution charts can be found below:

* The bar in red indicates where Vukile Property Fund's ROA % falls into.


NAM:VKN
73GF Score
Vukile Property Fund Ltd NAM:VKN
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vukile Property Fund ROA % Calculation

Vukile Property Fund's annualized ROA % for the fiscal year that ended in Mar. 2026 is calculated as:

ROA %=Net Income (A: Mar. 2026 )/( (Total Assets (A: Mar. 2025 )+Total Assets (A: Mar. 2026 ))/ count )
=5659.835/( (48652.506+63513.955)/ 2 )
=5659.835/56083.2305
=10.09 %

Vukile Property Fund's annualized ROA % for the quarter that ended in Mar. 2026 is calculated as:

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Sep. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=6657.354/( (55006.835+63513.955)/ 2 )
=6657.354/59260.395
=11.23 %

* 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.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 11.23% mean?
Vukile Property Fund (NAM:VKN) has a ROA % of 11.23% 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 Vukile Property Fund and its competitors. This is 99% above median its historical median of 5.63. According to the industry distribution chart, Vukile Property Fund ranks #148 out of 938 companies in the REITs industry, placing it in the top 15.8%.
Is Vukile Property Fund's ROA % too high?
Vukile Property Fund's current ROA % of 11.23% is 99% above median its 10-year median of 5.63. The REITs industry median ROA % is 3.22. Vukile Property Fund's value of 11.23% is 248.8% above this industry median. Based on the distribution chart, Vukile Property Fund ranks #148 out of 938 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Vukile Property Fund has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Vukile Property Fund's ROA % compare to SPG and O?
According to the REITs industry distribution chart, Vukile Property Fund ranks #148 out of 938 companies for ROA %. This places Vukile Property Fund in the top 16% of its industry — outperforming the majority of peers. The industry median ROA % is 3.22. Vukile Property Fund's value of 11.23% is 248.8% above this benchmark. While the company's 10-year median is 5.63 vs. the industry median of 3.22, Vukile Property Fund 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. Vukile Property Fund's current ROA % of 11.23% is 248.8% 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 Vukile 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. Vukile Property Fund's current ROA % is 11.23%, which is 99% above median its own 10-year median of 5.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vukile Property Fund stock overvalued right now?
Based on GuruFocus' analysis, Vukile Property Fund (NAM:VKN) is currently considered Modestly Overvalued. The stock's GF Value™ is N$21.63, compared to a current price of N$25.34 — trading 17.2% above its estimated fair value. The current ROA % is 11.23%, which is 99% above median its 10-year median of 5.63 and 248.8% above the REITs industry median of 3.22. Vukile Property Fund'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 Vukile Property Fund (NAM:VKN), the current ROA % is 11.23% 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 Vukile Property Fund (NAM:VKN) Overvalued in 2026?

Based on GuruFocus' analysis, Vukile Property Fund stock appears to be overvalued. The current stock price of N$25.34 is trading 17.2% above its estimated GF Value™ of N$21.63. GuruFocus considers Vukile Property Fund to be Modestly Overvalued.

Key valuation signals for NAM:VKN:

  • ROA %: 11.23% (99% above median its 10-year median of 5.63)
  • GF Value™: N$21.63 vs. price of N$25.34 (17.2% above fair value)
  • GF Score™: 73/100 with 6 warning signs
  • Industry Position: 248.8% above the REITs median (#148 of 938)

No single metric tells the full story. See the NAM:VKN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Vukile Property Fund Business Description

Industry Real EstateREITs
Other Exchanges VKE:South Africa
Address 11 Ninth Street, 4th Floor, Houghton Estate, Johannesburg, GT, ZAF, 2198
Vukile Property Fund Ltd is a real estate company that owns property throughout South Africa. The company derives its revenue predominantly from property leases. Retail properties, particularly shopping malls, represent more than half of Vukile's property portfolio. Offices, industrial buildings, and sovereign properties are also its portfolio constituents. The majority of the company's tenants are large, listed national companies and franchises, with the remainder comprising government and midsize to large professional firms. The company's geographical segment includes South Africa and the Iberian Peninsula, which is further disaggregated into Spain and Portugal.
73GF Score

Get the complete analysis for NAM:VKN

ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

N$25.34
Price
N$21.63
GF Value