Texton Property Fund (JSE:TEX) ROCE %: 4.91% (As of Dec. 2025)

What is Texton Property Fund ROCE %?

Texton Property Fund JSE:TEX 53 ROCE % is 4.91% as of Dec. 2025. GuruFocus rates JSE:TEX with a GF Score™ of 53/100 and a GF Value™ of R2.45 (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. Texton Property Fund's annualized ROCE % for the quarter that ended in Dec. 2025 was 4.91%.

Texton Property Fund (JSE:TEX) 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.

Texton Property Fund ROCE % Related Terms

Texton Property Fund ROCE % Historical Data

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The historical data trend for Texton Property Fund'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.

Texton Property Fund ROCE % Chart

Texton Property Fund Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Jun25

ROCE %

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7.76

3.77

1.73

3.58

7.80

Texton Property Fund Semi-Annual Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24	Jun25	Dec25
ROCE %	Get a 7-Day Free Trial															2.49	4.72	6.22	8.07	4.91

53GF Score

Texton Property Fund Ltd JSE:TEX

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

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Texton Property Fund ROCE % Calculation

Texton Property Fund's annualized ROCE % for the fiscal year that ended in Jun. 2025 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2025 )		(A: Jun. 2024 )		(A: Jun. 2025 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2025 )		(A: Jun. 2024 )		(A: Jun. 2025 )
	=	173.935	/	( ( (2966.788 - 891.227)	+	(2473.352 - 87.577) )	/ 2 )
	=	173.935	/	( (2075.561	+	2385.775)	/ 2 )
	=	173.935	/	2230.668
	=	7.80 %

Texton Property Fund's ROCE % of for the quarter that ended in Dec. 2025 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2025 )		(Q: Jun. 2025 )		(Q: Dec. 2025 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2025 )		(Q: Jun. 2025 )		(Q: Dec. 2025 )
	=	112.966	/	( ( (2473.352 - 87.577)	+	(2262.817 - 48.133) )	/ 2 )
	=	112.966	/	( ( 2385.775	+	2214.684 )	/ 2 )
	=	112.966	/	2300.2295
	=	4.91 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2025) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of 4.91% mean?

Texton Property Fund (JSE:TEX) has a ROCE % of 4.91% as of Dec. 2025.

Is Texton Property Fund's ROCE % too high?

Texton Property Fund's current ROCE % is 4.91%. The REITs industry median ROCE % is 5.19. Texton Property Fund's value of 4.91% is 5.3% below this industry median. Overall, Texton Property Fund has a GF Score™ of 53/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Texton Property Fund's ROCE % compare to BXP and ARE?

Texton Property Fund's ROCE % of 4.91% can be compared against companies in the REITs industry. The industry median ROCE % is 5.19. Texton Property Fund's value of 4.91% is 5.3% below 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. Texton Property Fund's current ROCE % of 4.91% is 5.3% below 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. Texton Property Fund's current ROCE % is 4.91%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Texton Property Fund stock overvalued right now?

Based on GuruFocus' analysis, Texton Property Fund (JSE:TEX) is currently considered Modestly Overvalued. The stock's GF Value™ is R2.45, compared to a current price of R3.00 — trading 22.4% above its estimated fair value. The current ROCE % is 4.91% and 5.3% below the REITs industry median of 5.19. Texton Property Fund's overall GF Score™ is 53/100 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 Texton Property Fund (JSE:TEX), the current ROCE % is 4.91% 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 Texton Property Fund (JSE:TEX) Overvalued in 2026?

Based on GuruFocus' analysis, Texton Property Fund stock appears to be overvalued. The current stock price of R3.00 is trading 22.4% above its estimated GF Value™ of R2.45. GuruFocus considers Texton Property Fund to be Modestly Overvalued.

Key valuation signals for JSE:TEX:

ROCE %: 4.91%
GF Value™: R2.45 vs. price of R3.00 (22.4% above fair value)
GF Score™: 53/100 with 6 warning signs
Industry Position: 5.3% below the REITs median

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

Texton Property Fund Business Description

Industry Real Estate REITs

Comparable Companies JSE:DLT XMAD:MRL BXP ARE TSE:8951 VNO XPAR:GFC SGX:N2IU TSE:8952 SGX:AJBU CUZ ASX:DXS BOM:542602 XMAD:COL KRC NSE:BAGMANE CDP SGX:K71U TSE:8954 BOM:543217

Address 151 Katherine Street, Block D, Vunani Office Park, Sandton, Johannesburg, GT, ZAF, 2031

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

Texton Property Fund Ltd is a Real Estate Investment Trust that provides shareholders with access to a diversified portfolio of direct and indirect global real estate investments. The portfolio aims to deliver long-term income and capital growth. The core objective is to deliver sustainable, risk-adjusted returns to stakeholders through disciplined capital allocation, strategic asset management, and value-driven investments. The Group has three reportable segments: SA direct property, which derives maximum revenue; UK direct property; and international investments. Direct property investments are split into office, retail, and industrial.

53GF Score

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

R3.00

Price

R2.45

GF Value

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