ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Patrimoine et Commerce's annualizedNet Income for the quarter that ended in Dec. 2025 was €59.69 Mil.
Patrimoine et Commerce's average Total Assets over the quarter that ended in Dec. 2025 was €975.28 Mil. Therefore, Patrimoine et Commerce's annualized ROA % for the quarter that ended in Dec. 2025 was 6.12%.
The historical rank and industry rank for Patrimoine et Commerce's ROA % or its related term are showing as below:
XPAR:PAT'
s ROA % Range Over the Past 10 Years
Min: 2 Med: 3.59 Max: 5.3
Current: 4.32
During the past 13 years, Patrimoine et Commerce's highest ROA % was 5.30%. The lowest was 2.00%. And the median was 3.59%.
XPAR:PAT's ROA % is ranked better than 60.79% of 936
companies
in the REITs industry
Industry Median: 3.19
vs XPAR:PAT: 4.32
Patrimoine et Commerce (XPAR:PAT) 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 - Retail subindustry, Patrimoine et Commerce'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.
Patrimoine et Commerce ROA % vs REITs Industry
For the REITs industry and Real Estate sector, Patrimoine et Commerce's ROA % distribution charts can be found below:
* The bar in red indicates where Patrimoine et Commerce'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.
Patrimoine et Commerce (XPAR:PAT) has a ROA % of 6.12% 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 Patrimoine et Commerce and its competitors. This is 70% above median its historical median of 3.59. Over the past decade, Patrimoine et Commerce's ROA % has ranged from 2.00 to 5.30. According to the industry distribution chart, Patrimoine et Commerce ranks #367 out of 936 companies in the REITs industry, placing it in the top 39.2%.
Is Patrimoine et Commerce's ROA % too high?
Patrimoine et Commerce's current ROA % of 6.12% is 70% above median its 10-year median of 3.59. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 5.30. The REITs industry median ROA % is 3.19. Patrimoine et Commerce's value of 6.12% is 91.8% above this industry median. Based on the distribution chart, Patrimoine et Commerce ranks #367 out of 936 companies in the REITs industry, which is above the industry midpoint. Overall, Patrimoine et Commerce has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Patrimoine et Commerce's ROA % compare to SPG and O?
According to the REITs industry distribution chart, Patrimoine et Commerce ranks #367 out of 936 companies for ROA %. This puts Patrimoine et Commerce in the upper half of its industry. The industry median ROA % is 3.19. Patrimoine et Commerce's value of 6.12% is 91.8% above this benchmark. Historically, Patrimoine et Commerce's own ROA % has ranged from 2.00 to 5.30 over the past decade. While the company's 10-year median is 3.59 vs. the industry median of 3.19, Patrimoine et Commerce 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 3.19, based on 936 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. Patrimoine et Commerce's current ROA % of 6.12% is 91.8% 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 Patrimoine et Commerce and its competitors. For the REITs industry, the median ROA % is 3.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Patrimoine et Commerce's current ROA % is 6.12%, which is 70% above median its own 10-year median of 3.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Patrimoine et Commerce stock overvalued right now?
Based on GuruFocus' analysis, Patrimoine et Commerce (XPAR:PAT) is currently considered Modestly Overvalued. The stock's GF Value™ is €20.59, compared to a current price of €25.90 — trading 25.8% above its estimated fair value. The current ROA % is 6.12%, which is 70% above median its 10-year median of 3.59 and 91.8% above the REITs industry median of 3.19. Patrimoine et Commerce's overall GF Score™ is 77/100 with 8 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 Patrimoine et Commerce (XPAR:PAT), the current ROA % is 6.12% 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 Patrimoine et Commerce (XPAR:PAT) Overvalued in 2026?
Based on GuruFocus' analysis, Patrimoine et Commerce stock appears to be overvalued.
The current stock price of €25.90 is trading 25.8% above its estimated GF Value™ of €20.59.
GuruFocus considers Patrimoine et Commerce to be Modestly Overvalued.
Key valuation signals for XPAR:PAT:
ROA %: 6.12% (70% above median its 10-year median of 3.59)
GF Value™: €20.59 vs. price of €25.90 (25.8% above fair value)
Industry Position: 91.8% above the REITs median (#367 of 936)
No single metric tells the full story. See the XPAR:PAT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Patrimoine et Commerce is a real estate company engaged in the acquisition, development, and operation of commercial real estate properties in France. It operates a portfolio of real estate assets located in high-attraction areas in the suburbs or centers of medium-sized cities. The company's property portfolio includes shopping malls, supermarkets, shops, and business parks.
77GF Score
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