Oasis Crescent Property Fund (JSE:OAS) ROC %: 4.63% (As of Mar. 2026)

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JSE:OAS Oasis Crescent Property Fund JSE:OAS
74 GF Score
Price R29.35
GF Value R24.04
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Oasis Crescent Property Fund ROC %?

Oasis Crescent Property Fund JSE:OAS 74 ROC % is 4.63% as of Mar. 2026. GuruFocus rates JSE:OAS with a GF Score™ of 74/100 and a GF Value™ of R24.04 (Modestly Overvalued). The stock has 6 warning signs investors should review.

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Oasis Crescent Property Fund's annualized return on capital (ROC %) for the quarter that ended in Mar. 2026 was 4.63%.

As of today (2026-07-16), Oasis Crescent Property Fund's WACC % is 9.36%. Oasis Crescent Property Fund's ROC % is 4.79% (calculated using TTM income statement data). Oasis Crescent Property Fund earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Oasis Crescent Property Fund  (JSE:OAS) ROC % Explanation

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Oasis Crescent Property Fund's WACC % is 9.36%. Oasis Crescent Property Fund's ROC % is 4.79% (calculated using TTM income statement data). Oasis Crescent Property Fund earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Be Aware

Like ROE % and ROA %, ROC % is calculated with only 12 months of 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.


Oasis Crescent Property Fund ROC % Related Terms


Oasis Crescent Property Fund ROC % Historical Data

* Premium members only.

The historical data trend for Oasis Crescent Property Fund's ROC % 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.

Oasis Crescent Property Fund ROC % Chart

Oasis Crescent Property Fund Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.11 4.68 4.89 4.72 4.79

Oasis Crescent 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
ROC % 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 5.06 4.84 4.68 4.94 4.63
JSE:OAS
74GF Score
Oasis Crescent Property Fund JSE:OAS
ROC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Oasis Crescent Property Fund ROC % Calculation

Oasis Crescent Property Fund's annualized Return on Capital (ROC %) for the fiscal year that ended in Mar. 2026 is calculated as:

ROC % (A: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Mar. 2025 ) + Invested Capital (A: Mar. 2026 ))/ count )
=80.378 * ( 1 - 0% )/( (1676.938 + 1679.45)/ 2 )
=80.378/1678.194
=4.79 %

where

Invested Capital(A: Mar. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1889.034 - 59.506 - ( 199.755 - max(0, 64.315 - 216.905+199.755))
=1676.938

Invested Capital(A: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1966.748 - 66.585 - ( 220.713 - max(0, 69.375 - 298.078+220.713))
=1679.45

Oasis Crescent Property Fund's annualized Return on Capital (ROC %) for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=77.866 * ( 1 - 0% )/( (1680.509 + 1679.45)/ 2 )
=77.866/1679.9795
=4.63 %

where

Invested Capital(Q: Sep. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1911.729 - 67.279 - ( 213.905 - max(0, 68.758 - 232.699+213.905))
=1680.509

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1966.748 - 66.585 - ( 220.713 - max(0, 69.375 - 298.078+220.713))
=1679.45

Note: The Operating Income data used here is two times the semi-annual (Mar. 2026) data. The tax rate is limited to between 0% and 100%.

* 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.

Frequently Asked Questions Learn more about ROC % →
What does a ROC % of 4.63% mean?
Oasis Crescent Property Fund (JSE:OAS) has a ROC % of 4.63% as of Mar. 2026. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Oasis Crescent Property Fund and its competitors.
Is Oasis Crescent Property Fund's ROC % too high?
Oasis Crescent Property Fund's current ROC % is 4.63%. The REITs industry median ROC % is 3.75. Oasis Crescent Property Fund's value of 4.63% is 23.5% above this industry median. Overall, Oasis Crescent Property Fund has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Oasis Crescent Property Fund's ROC % compare to VICI and WPC?
Oasis Crescent Property Fund's ROC % of 4.63% can be compared against companies in the REITs industry. The industry median ROC % is 3.75. Oasis Crescent Property Fund's value of 4.63% is 23.5% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC % for a REITs company?
The median ROC % among REITs companies is 3.75, based on 741 companies in the industry. Companies in the top quartile (top 25%) have a ROC % significantly above this median, while those in the bottom quartile fall well below. However, ROC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Oasis Crescent Property Fund's current ROC % of 4.63% is 23.5% 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 ROC % mean?
A high ROC % can signal that a stock is expensive relative to its fundamentals. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Oasis Crescent Property Fund and its competitors. For the REITs industry, the median ROC % is 3.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Oasis Crescent Property Fund's current ROC % is 4.63%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oasis Crescent Property Fund stock overvalued right now?
Based on GuruFocus' analysis, Oasis Crescent Property Fund (JSE:OAS) is currently considered Modestly Overvalued. The stock's GF Value™ is R24.04, compared to a current price of R29.35 — trading 22.1% above its estimated fair value. The current ROC % is 4.63% and 23.5% above the REITs industry median of 3.75. Oasis Crescent Property Fund's overall GF Score™ is 74/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC % calculated?
ROC % is calculated from a company's financial statements. For Oasis Crescent Property Fund (JSE:OAS), the current ROC % is 4.63% 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 Oasis Crescent Property Fund (JSE:OAS) Overvalued in 2026?

Based on GuruFocus' analysis, Oasis Crescent Property Fund stock appears to be overvalued. The current stock price of R29.35 is trading 22.1% above its estimated GF Value™ of R24.04. GuruFocus considers Oasis Crescent Property Fund to be Modestly Overvalued.

Key valuation signals for JSE:OAS:

  • ROC %: 4.63%
  • GF Value™: R24.04 vs. price of R29.35 (22.1% above fair value)
  • GF Score™: 74/100 with 6 warning signs
  • Industry Position: 23.5% above the REITs median

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


Oasis Crescent Property Fund Business Description

Industry Real EstateREITs
Address 96 Upper Roodebloem Road, Oasis House, University Estate, Cape Town, WC, ZAF, 7925
Oasis Crescent Property Fund is a closed-ended REIT property fund established to provide sustainable income and real returns to investors by investing in shares of companies, collective investment schemes, and real estate investment trusts. The Fund operates in the following primary business segments such as Office - comprising office buildings and office parking, Industrial - industrial buildings such as warehouses and factories, Retail - comprising retail outlets, Investments - comprising financial assets at fair value through profit or loss, other financial assets at fair value through profit or loss, other short-term financial assets at fair value through profit or loss, other receivables and cash and cash equivalents.
74GF Score

Get the complete analysis for JSE:OAS

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

R29.35
Price
R24.04
GF Value