AX Real Estate (MAL:AXR) ROCE %: 17.48% (As of Oct. 2025)


MAL:AXR AX Real Estate PLC MAL:AXR
29 GF Score
Price €0.49
GF Value €0.81
Valuation Possible Value Trap
! 9 Warning Signs
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What is AX Real Estate ROCE %?

AX Real Estate MAL:AXR 29 ROCE % is 17.48% as of Oct. 2025. GuruFocus rates MAL:AXR with a GF Score™ of 29/100 and a GF Value™ of €0.81 (Possible Value Trap). The stock has 9 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. AX Real Estate's annualized ROCE % for the quarter that ended in Oct. 2025 was 17.48%.

AX Real Estate  (MAL:AXR) 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.

AX Real Estate ROCE % Related Terms

AX Real Estate ROCE % Historical Data

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The historical data trend for AX Real Estate'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.

AX Real Estate ROCE % Chart

AX Real Estate Annual Data
Trend Oct22 Oct23 Oct24 Oct25
ROCE %
3.79 3.40 5.93 10.89

AX Real Estate Semi-Annual Data
Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25
ROCE % Get a 7-Day Free Trial 4.40 4.35 7.60 4.38 17.48
MAL:AXR
29GF Score
AX Real Estate PLC MAL:AXR
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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AX Real Estate ROCE % Calculation

AX Real Estate's annualized ROCE % for the fiscal year that ended in Oct. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Oct. 2025 )  (A: Oct. 2024 )(A: Oct. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Oct. 2025 )  (A: Oct. 2024 )(A: Oct. 2025 )
=34.203/( ( (323.649 - 20.748) + (349.589 - 24.237) )/ 2 )
=34.203/( (302.901+325.352)/ 2 )
=34.203/314.1265
=10.89 %

AX Real Estate's ROCE % of for the quarter that ended in Oct. 2025 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Oct. 2025 )  (Q: Apr. 2025 )(Q: Oct. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Oct. 2025 )  (Q: Apr. 2025 )(Q: Oct. 2025 )
=55.092/( ( (325.739 - 20.714) + (349.589 - 24.237) )/ 2 )
=55.092/( ( 305.025 + 325.352 )/ 2 )
=55.092/315.1885
=17.48 %

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

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 17.48% mean?
AX Real Estate (MAL:AXR) has a ROCE % of 17.48% as of Oct. 2025.
Is AX Real Estate's ROCE % too high?
AX Real Estate's current ROCE % is 17.48%. The Real Estate industry median ROCE % is 4.66. AX Real Estate's value of 17.48% is 275.1% above this industry median. Overall, AX Real Estate has a GF Score™ of 29/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does AX Real Estate's ROCE % compare to competitors?
AX Real Estate's ROCE % of 17.48% can be compared against companies in the Real Estate industry. The industry median ROCE % is 4.66. AX Real Estate's value of 17.48% is 275.1% 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 Real Estate company?
The median ROCE % among Real Estate companies is 4.66, based on 1,757 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. AX Real Estate's current ROCE % of 17.48% is 275.1% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Real Estate industry, the median ROCE % is 4.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AX Real Estate's current ROCE % is 17.48%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AX Real Estate stock overvalued right now?
Based on GuruFocus' analysis, AX Real Estate (MAL:AXR) is currently considered Possible Value Trap. The stock's GF Value™ is €0.81, compared to a current price of €0.49 — trading 39.5% below its estimated fair value. The current ROCE % is 17.48% and 275.1% above the Real Estate industry median of 4.66. AX Real Estate's overall GF Score™ is 29/100 with 9 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 AX Real Estate (MAL:AXR), the current ROCE % is 17.48% as of Oct. 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 AX Real Estate (MAL:AXR) Overvalued in 2026?

Based on GuruFocus' analysis, AX Real Estate stock appears to be undervalued. The current stock price of €0.49 is trading 39.5% below its estimated GF Value™ of €0.81. GuruFocus considers AX Real Estate to be Possible Value Trap.

Key valuation signals for MAL:AXR:

  • ROCE %: 17.48%
  • GF Value™: €0.81 vs. price of €0.49 (39.5% below fair value)
  • GF Score™: 29/100 with 9 warning signs
  • Industry Position: 275.1% above the Real Estate median

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

AX Real Estate Business Description

Address AX Business Centre, Triq Id-Difiza Civili, Mosta, MLT, MST 1741
AX Real Estate PLC serves as the holding company of the Estates Group within the AX Group, with the former boasting a diverse portfolio of properties. It is engaged in four main business sectors namely, Care, Construction, Hospitality, Real Estate, and Development, and is also involved in renewable energy. It generates rental revenues from Hospitality, Care home, Offices, Residential, and Warehousing. It generates the majority of its revenue from the Hospitality segment.
29GF Score

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

€0.49
Price
€0.81
GF Value