Retail Estates (XAMS:RET) ROA %: 6.96% (As of Mar. 2026) — 40% Above Median


What is Retail Estates ROA %?

Retail Estates XAMS:RET 75 ROA % is 6.96% as of Mar. 2026, which is 40% above its 10-year median of 4.97. GuruFocus rates XAMS:RET with a GF Score™ of 75/100. The stock has 9 warning signs investors should review. Among 938 REITs companies, Retail Estates ranks better than 71% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Retail Estates's annualized Net Income for the quarter that ended in Mar. 2026 was €151.60 Mil. Retail Estates's average Total Assets over the quarter that ended in Mar. 2026 was €2,179.65 Mil. Therefore, Retail Estates's annualized ROA % for the quarter that ended in Mar. 2026 was 6.96%.

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

XAMS:RET' s ROA % Range Over the Past 10 Years
Min: 3.46   Med: 4.97   Max: 9.49
Current: 5.66

During the past 13 years, Retail Estates's highest ROA % was 9.49%. The lowest was 3.46%. And the median was 4.97%.

XAMS:RET's ROA % is ranked better than
71% of 938 companies
in the REITs industry
Industry Median: 3.22 vs XAMS:RET: 5.66

Retail Estates  (XAMS:RET) 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
=151.602/2179.649
=(Net Income / Revenue)*(Revenue / Total Assets)
=(151.602 / 162.306)*(162.306 / 2179.649)
=Net Margin %*Asset Turnover
=93.41 %*0.0745
=6.96 %

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.


Retail Estates ROA % Related Terms


Retail Estates ROA % Historical Data

* Premium members only.

The historical data trend for Retail Estates'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.

Retail Estates ROA % Chart

Retail Estates 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 7.38 9.49 5.96 4.97 5.65

Retail Estates 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 3.48 3.93 6.05 4.36 6.96

XAMS:RET vs SPG, O, KIM: ROA % Comparison

For the REIT - Retail subindustry, Retail Estates'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.


Retail Estates ROA % vs REITs Industry

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

* The bar in red indicates where Retail Estates's ROA % falls into.



Retail Estates ROA % Calculation

Retail Estates'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 )
=122.95/( (2159.085+2196.725)/ 2 )
=122.95/2177.905
=5.65 %

Retail Estates'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 )
=151.602/( (2162.573+2196.725)/ 2 )
=151.602/2179.649
=6.96 %

* 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 6.96% mean?
Retail Estates (XAMS:RET) has a ROA % of 6.96% 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 Retail Estates and its competitors. This is 40% above median its historical median of 4.97. Over the past decade, Retail Estates' ROA % has ranged from 3.46 to 9.49. According to the industry distribution chart, Retail Estates ranks #272 out of 938 companies in the REITs industry, placing it in the top 29%.
Is Retail Estates' ROA % too high?
Retail Estates' current ROA % of 6.96% is 40% above median its 10-year median of 4.97. Over the past 10 years, this metric has ranged from a low of 3.46 to a high of 9.49. The REITs industry median ROA % is 3.22. Retail Estates' value of 6.96% is 116.1% above this industry median. Based on the distribution chart, Retail Estates ranks #272 out of 938 companies in the REITs industry, which is above the industry midpoint. Overall, Retail Estates has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does Retail Estates' ROA % compare to SPG and O?
According to the REITs industry distribution chart, Retail Estates ranks #272 out of 938 companies for ROA %. This puts Retail Estates in the upper half of its industry. The industry median ROA % is 3.22. Retail Estates' value of 6.96% is 116.1% above this benchmark. Historically, Retail Estates' own ROA % has ranged from 3.46 to 9.49 over the past decade. While the company's 10-year median is 4.97 vs. the industry median of 3.22, Retail Estates 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. Retail Estates's current ROA % of 6.96% is 116.1% 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 Retail Estates 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. Retail Estates's current ROA % is 6.96%, which is 40% above median its own 10-year median of 4.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Retail Estates stock overvalued right now?
Retail Estates (XAMS:RET) has a current ROA % of 6.96%. The current ROA % is 6.96%, which is 40% above median its 10-year median of 4.97 and 116.1% above the REITs industry median of 3.22. Retail Estates' overall GF Score™ is 75/100 with 9 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 Retail Estates (XAMS:RET), the current ROA % is 6.96% 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.

Retail Estates Business Description

Industry Real EstateREITs
Address Industrielaan 6, Ternat, BEL, 1740
Retail Estates SA is a real estate investment trust that invests mainly in retail properties. It is a niche player specialised in making out-of town retail properties located on the periphery of residential areas or along main access roads to urban centres available to users. It has distinguished between two geographical segments: Belgium and the Netherlands. The majority of revenue comes from Belgium.