Musharaka REIT (SAU:4335) ROA %: -13.05% (As of Dec. 2025)

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SAU:4335 Musharaka REIT SAU:4335
62 GF Score
Price ﷼3.77
GF Value ﷼4.38
Valuation Modestly Undervalued
! 7 Warning Signs
View Full Analysis

What is Musharaka REIT ROA %?

Musharaka REIT SAU:4335 +0.27% 62 ROA % is -13.05% as of Dec. 2025. GuruFocus rates SAU:4335 with a GF Score™ of 62/100 and a GF Value™ of ﷼4.38 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 940 REITs companies, Musharaka REIT ranks worse than 94.36% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Musharaka REIT's annualized Net Income for the quarter that ended in Dec. 2025 was ﷼-194.26 Mil. Musharaka REIT's average Total Assets over the quarter that ended in Dec. 2025 was ﷼1,489.11 Mil. Therefore, Musharaka REIT's annualized ROA % for the quarter that ended in Dec. 2025 was -13.05%.

The historical rank and industry rank for Musharaka REIT's ROA % or its related term are showing as below:

SAU:4335' s ROA % Range Over the Past 10 Years
Min: -16.33   Med: 0.7   Max: 13.19
Current: -7.22

During the past 10 years, Musharaka REIT's highest ROA % was 13.19%. The lowest was -16.33%. And the median was 0.70%.

SAU:4335's ROA % is ranked worse than
94.36% of 940 companies
in the REITs industry
Industry Median: 3.205 vs SAU:4335: -7.22

Musharaka REIT  (SAU:4335) 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: Dec. 2025 )
=Net Income/Total Assets
=-194.262/1489.111
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-194.262 / 82.728)*(82.728 / 1489.111)
=Net Margin %*Asset Turnover
=-234.82 %*0.0556
=-13.05 %

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.


Musharaka REIT ROA % Related Terms


Musharaka REIT ROA % Historical Data

* Premium members only.

The historical data trend for Musharaka REIT'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.

Musharaka REIT ROA % Chart

Musharaka REIT Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.14 0.70 -0.51 -1.38 -7.27

Musharaka REIT Semi-Annual Data
Dec16 Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 -1.10 -1.80 -0.97 -1.63 -13.05

SAU:4335 vs VICI, WPC: ROA % Comparison

For the REIT - Diversified subindustry, Musharaka REIT'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.


Musharaka REIT ROA % vs REITs Industry

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

* The bar in red indicates where Musharaka REIT's ROA % falls into.


SAU:4335
62GF Score
Musharaka REIT SAU:4335
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Musharaka REIT ROA % Calculation

Musharaka REIT's annualized ROA % for the fiscal year that ended in Dec. 2025 is calculated as:

ROA %=Net Income (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=-109.894/( (1587.778+1435.455)/ 2 )
=-109.894/1511.6165
=-7.27 %

Musharaka REIT's annualized ROA % for the quarter that ended in Dec. 2025 is calculated as:

ROA %=Net Income (Q: Dec. 2025 )/( (Total Assets (Q: Jun. 2025 )+Total Assets (Q: Dec. 2025 ))/ count )
=-194.262/( (1542.767+1435.455)/ 2 )
=-194.262/1489.111
=-13.05 %

* 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.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of -13.05% mean?
Musharaka REIT (SAU:4335) has a ROA % of -13.05% 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 Musharaka REIT and its competitors. According to the industry distribution chart, Musharaka REIT ranks #887 out of 940 companies in the REITs industry, placing it in the top 94.4%.
Is Musharaka REIT's ROA % too high?
Musharaka REIT's current ROA % is -13.05%. Based on the distribution chart, Musharaka REIT ranks #887 out of 940 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Musharaka REIT has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Musharaka REIT's ROA % compare to VICI and WPC?
According to the REITs industry distribution chart, Musharaka REIT ranks #887 out of 940 companies for ROA %. This places Musharaka REIT in the lower half of its industry. The industry median ROA % is 3.21. 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 3.21, based on 940 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. 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 Musharaka REIT and its competitors. For the REITs industry, the median ROA % is 3.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Musharaka REIT's current ROA % is -13.05%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Musharaka REIT stock overvalued right now?
Based on GuruFocus' analysis, Musharaka REIT (SAU:4335) is currently considered Modestly Undervalued. The stock's GF Value™ is ﷼4.38, compared to a current price of ﷼3.77 — trading 13.9% below its estimated fair value. The current ROA % is -13.05%. Musharaka REIT's overall GF Score™ is 62/100 with 7 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 Musharaka REIT (SAU:4335), the current ROA % is -13.05% 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 Musharaka REIT (SAU:4335) Overvalued in 2026?

Based on GuruFocus' analysis, Musharaka REIT stock appears to be undervalued. The current stock price of ﷼3.77 is trading 13.9% below its estimated GF Value™ of ﷼4.38. GuruFocus considers Musharaka REIT to be Modestly Undervalued.

Key valuation signals for SAU:4335:

  • ROA %: -13.05%
  • GF Value™: ﷼4.38 vs. price of ﷼3.77 (13.9% below fair value)
  • GF Score™: 62/100 with 7 warning signs

No single metric tells the full story. See the SAU:4335 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Musharaka REIT Business Description

Industry Real EstateREITs
Address Prince Turky Bin Abdulaziz Street, Adeer Tower, 13th Floor, PO. Box 712, Al Khobar, SAU, 31952
Musharaka REIT is a closed-end real estate investment fund. Its investment objective is to invest in developing properties that are qualified to generate periodic rental income, while its dividend policy is to distribute at least 90 percent of the Fund's net profit as cash dividends to the unit holders annually. The fund invests in residential, commercial, industrial, and hospitality real estate assets located across different cities in Saudi Arabia.
62GF Score

Get the complete analysis for SAU:4335

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

﷼3.77
Price
﷼4.38
GF Value