Dexus (DEXSF) ROE %: 7.07% (As of Dec. 2025) — 33% Below Median


DEXSF Dexus DEXSF
65 GF Score
Price $3.80
GF Value $5.15
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Dexus ROE %?

Dexus DEXSF 65 ROE % is 7.07% as of Dec. 2025, which is 33% below its 10-year median of 10.51. GuruFocus rates DEXSF with a GF Score™ of 65/100 and a GF Value™ of $5.15 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 933 REITs companies, Dexus ranks worse than 59.59% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Dexus's annualized net income for the quarter that ended in Dec. 2025 was $463.1 Mil. Dexus's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was $6,554.7 Mil. Therefore, Dexus's annualized ROE % for the quarter that ended in Dec. 2025 was 7.07%.

The historical rank and industry rank for Dexus's ROE % or its related term are showing as below:

DEXSF' s ROE % Range Over the Past 10 Years
Min: -14.08   Med: 10.51   Max: 18.32
Current: 4.96

During the past 13 years, Dexus's highest ROE % was 18.32%. The lowest was -14.08%. And the median was 10.51%.

DEXSF's ROE % is ranked worse than
59.59% of 933 companies
in the REITs industry
Industry Median: 6.15 vs DEXSF: 4.96

Dexus  (OTCPK:DEXSF) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=463.122/6554.729
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(463.122 / 228.704)*(228.704 / 10095.0245)*(10095.0245 / 6554.729)
=Net Margin %*Asset Turnover*Equity Multiplier
=202.5 %*0.0227*1.5401
=ROA %*Equity Multiplier
=4.6 %*1.5401
=7.07 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=463.122/6554.729
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (463.122 / 461.926) * (461.926 / -110.432) * (-110.432 / 228.704) * (228.704 / 10095.0245) * (10095.0245 / 6554.729)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.0026 * -4.1829 * -48.29 % * 0.0227 * 1.5401
=7.07 %

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. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Dexus ROE % Related Terms


Dexus ROE % Historical Data

* Premium members only.

The historical data trend for Dexus's ROE % 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.

Dexus ROE % Chart

Dexus Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.71 11.89 -5.18 -14.00 1.54

Dexus Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
ROE % 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 -10.09 -18.16 0.20 2.98 7.07

DEXSF vs BXP, ARE, VNO: ROE % Comparison

For the REIT - Office subindustry, Dexus's ROE %, along with its competitors' market caps and ROE % 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.


Dexus ROE % vs REITs Industry

For the REITs industry and Real Estate sector, Dexus's ROE % distribution charts can be found below:

* The bar in red indicates where Dexus's ROE % falls into.


DEXSF
65GF Score
Dexus DEXSF
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Dexus ROE % Calculation

Dexus's annualized ROE % for the fiscal year that ended in Jun. 2025 is calculated as

ROE %=Net Income (A: Jun. 2025 )/( (Total Stockholders Equity (A: Jun. 2024 )+Total Stockholders Equity (A: Jun. 2025 ))/ count )
=101.888/( (6749.535+6444.076)/ 2 )
=101.888/6596.8055
=1.54 %

Dexus's annualized ROE % for the quarter that ended in Dec. 2025 is calculated as

ROE %=Net Income (Q: Dec. 2025 )/( (Total Stockholders Equity (Q: Jun. 2025 )+Total Stockholders Equity (Q: Dec. 2025 ))/ count )
=463.122/( (6444.076+6665.382)/ 2 )
=463.122/6554.729
=7.07 %

* 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 ROE %, the net income of the last fiscal year and the average total shareholder equity 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. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 7.07% mean?
Dexus (DEXSF) has a ROE % of 7.07% as of Dec. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Dexus and its competitors. This is 33% below median its historical median of 10.51. According to the industry distribution chart, Dexus ranks #556 out of 933 companies in the REITs industry, placing it in the top 59.6%.
Is Dexus' ROE % too high?
Dexus' current ROE % of 7.07% is 33% below median its 10-year median of 10.51. The REITs industry median ROE % is 6.15. Dexus' value of 7.07% is 15% above this industry median. Based on the distribution chart, Dexus ranks #556 out of 933 companies in the REITs industry, which is below the industry midpoint. Overall, Dexus has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Dexus' ROE % compare to BXP and ARE?
According to the REITs industry distribution chart, Dexus ranks #556 out of 933 companies for ROE %. This places Dexus in the lower half of its industry. The industry median ROE % is 6.15. Dexus' value of 7.07% is 15% above this benchmark. While the company's 10-year median is 10.51 vs. the industry median of 6.15, Dexus 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 ROE % for a REITs company?
The median ROE % among REITs companies is 6.15, based on 933 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Dexus's current ROE % of 7.07% is 15% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Dexus and its competitors. For the REITs industry, the median ROE % is 6.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dexus's current ROE % is 7.07%, which is 33% below median its own 10-year median of 10.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dexus stock overvalued right now?
Based on GuruFocus' analysis, Dexus (DEXSF) is currently considered Modestly Undervalued. The stock's GF Value™ is $5.15, compared to a current price of $3.80 — trading 26.2% below its estimated fair value. The current ROE % is 7.07%, which is 33% below median its 10-year median of 10.51 and 15% above the REITs industry median of 6.15. Dexus' overall GF Score™ is 65/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Dexus (DEXSF), the current ROE % is 7.07% 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 Dexus (DEXSF) Overvalued in 2026?

Based on GuruFocus' analysis, Dexus stock appears to be undervalued. The current stock price of $3.80 is trading 26.2% below its estimated GF Value™ of $5.15. GuruFocus considers Dexus to be Modestly Undervalued.

Key valuation signals for DEXSF:

  • ROE %: 7.07% (33% below median its 10-year median of 10.51)
  • GF Value™: $5.15 vs. price of $3.80 (26.2% below fair value)
  • GF Score™: 65/100 with 7 warning signs
  • Industry Position: 15% above the REITs median (#556 of 933)

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


Dexus Business Description

Industry Real EstateREITs
Other Exchanges DXS:Australia
Address Level 30, 50 Bridge Street, Sydney, NSW, AUS, 2000
Dexus has ownership interest in, manages, and develops a portfolio of office and industrial assets, about half located in Sydney. The office portfolio contributes nearly two-thirds of group earnings, and industrial assets account for about 15%. Dexus also manages third-party assets and has a funds management platform with AUD 36 billion in funds under management as of Dec. 31, 2025, spanning office, industrial, retail, healthcare, infrastructure, and their adjacent sectors. The REIT has stakes in many of the pooled funds, earning distribution income. Management is internalized, in contrast to some of its peers.
65GF Score

Get the complete analysis for DEXSF

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

$3.80
Price
$5.15
GF Value