Exemplar REITail (JSE:EXP) ROCE %: 22.96% (As of Feb. 2026)

What is Exemplar REITail ROCE %?

Exemplar REITail JSE:EXP 73 ROCE % is 22.96% as of Feb. 2026. GuruFocus rates JSE:EXP with a GF Score™ of 73/100 and a GF Value™ of R15.65 (Modestly Overvalued). The stock has 6 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Exemplar REITail's annualized ROCE % for the quarter that ended in Feb. 2026 was 22.96%.

Exemplar REITail (JSE:EXP) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Exemplar REITail ROCE % Related Terms

Exemplar REITail ROCE % Historical Data

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The historical data trend for Exemplar REITail's ROCE % 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.

Exemplar REITail ROCE % Chart

Exemplar REITail Annual Data

Trend

Feb16

Feb17

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Feb25

Feb26

ROCE %

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17.97

17.07

13.35

16.77

17.62

Exemplar REITail Semi-Annual Data
	Feb15	Feb16	Feb17	Aug17	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24	Aug24	Feb25	Aug25	Feb26
ROCE %	Get a 7-Day Free Trial														12.69	13.18	20.46	12.52	22.96

73GF Score

Exemplar REITail Ltd JSE:EXP

ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.

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Exemplar REITail ROCE % Calculation

Exemplar REITail's annualized ROCE % for the fiscal year that ended in Feb. 2026 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Feb. 2026 )		(A: Feb. 2025 )		(A: Feb. 2026 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Feb. 2026 )		(A: Feb. 2025 )		(A: Feb. 2026 )
	=	1861.3	/	( ( (10515.647 - 458.729)	+	(11710.547 - 639.989) )	/ 2 )
	=	1861.3	/	( (10056.918	+	11070.558)	/ 2 )
	=	1861.3	/	10563.738
	=	17.62 %

Exemplar REITail's ROCE % of for the quarter that ended in Feb. 2026 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Feb. 2026 )		(Q: Aug. 2025 )		(Q: Feb. 2026 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Feb. 2026 )		(Q: Aug. 2025 )		(Q: Feb. 2026 )
	=	2450.102	/	( ( (10775.766 - 506.089)	+	(11710.547 - 639.989) )	/ 2 )
	=	2450.102	/	( ( 10269.677	+	11070.558 )	/ 2 )
	=	2450.102	/	10670.1175
	=	22.96 %

(1) Note: The EBIT data used here is two times the semi-annual (Feb. 2026) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of 22.96% mean?

Exemplar REITail (JSE:EXP) has a ROCE % of 22.96% as of Feb. 2026.

Is Exemplar REITail's ROCE % too high?

Exemplar REITail's current ROCE % is 22.96%. The REITs industry median ROCE % is 5.19. Exemplar REITail's value of 22.96% is 342.8% above this industry median. Overall, Exemplar REITail has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Exemplar REITail's ROCE % compare to SPG and O?

Exemplar REITail's ROCE % of 22.96% can be compared against companies in the REITs industry. The industry median ROCE % is 5.19. Exemplar REITail's value of 22.96% is 342.8% 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 ROCE % for a REITs company?

The median ROCE % among REITs companies is 5.19, based on 756 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Exemplar REITail's current ROCE % of 22.96% is 342.8% 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 ROCE % mean?

A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the REITs industry, the median ROCE % is 5.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Exemplar REITail's current ROCE % is 22.96%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Exemplar REITail stock overvalued right now?

Based on GuruFocus' analysis, Exemplar REITail (JSE:EXP) is currently considered Modestly Overvalued. The stock's GF Value™ is R15.65, compared to a current price of R18.00 — trading 15% above its estimated fair value. The current ROCE % is 22.96% and 342.8% above the REITs industry median of 5.19. Exemplar REITail'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 ROCE % calculated?

ROCE % is calculated from a company's financial statements. For Exemplar REITail (JSE:EXP), the current ROCE % is 22.96% as of Feb. 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 Exemplar REITail (JSE:EXP) Overvalued in 2026?

Based on GuruFocus' analysis, Exemplar REITail stock appears to be overvalued. The current stock price of R18.00 is trading 15% above its estimated GF Value™ of R15.65. GuruFocus considers Exemplar REITail to be Modestly Overvalued.

Key valuation signals for JSE:EXP:

ROCE %: 22.96%
GF Value™: R15.65 vs. price of R18.00 (15% above fair value)
GF Score™: 73/100 with 6 warning signs
Industry Position: 342.8% above the REITs median

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

Exemplar REITail Business Description

Industry Real Estate REITs

Comparable Companies JSE:DIB JSE:APF JSE:FTA JSE:HYP JSE:RES SPG O XPAR:URW KIM ASX:SCG REG SGX:C38U HKSE:00823 XPAR:LI FRT BRX ADC NNN ASX:VCX TSX:CHP.UN

Address 204 Von Willich Avenue, Clubview, Centurion, Gauteng, ZAF, 0157

Website https://www.exemplarreit.co.za

Exemplar REITail Ltd is a real estate investment trust which develops, owns and manages township and rural retail real estate. The company is the only fund in the country focused purely on retail in under-serviced areas that offers stakeholders investment opportunities. The company's retail segments based on geography consist of Gauteng, Mpumalanga, KwaZulu-Natal, Limpopo, Eastern and Western Cape.

73GF Score

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

R18.00

Price

R15.65

GF Value

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