Wereldhave Belgium (FRA:WPU) ROE %: 4.33% (As of Dec. 2025) — 28% Below Median


FRA:WPU Wereldhave Belgium FRA:WPU
83 GF Score
Price €50.60
GF Value €51.37
! 8 Warning Signs
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What is Wereldhave Belgium ROE %?

Wereldhave Belgium FRA:WPU -1.94% 83 ROE % is 4.33% as of Dec. 2025, which is 28% below its 10-year median of 6.02. GuruFocus rates FRA:WPU with a GF Score™ of 83/100 and a GF Value™ of €51.37. The stock has 8 warning signs investors should review. Among 939 REITs companies, Wereldhave Belgium ranks worse than 55.17% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Wereldhave Belgium's annualized net income for the quarter that ended in Dec. 2025 was €34.02 Mil. Wereldhave Belgium's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was €785.89 Mil. Therefore, Wereldhave Belgium's annualized ROE % for the quarter that ended in Dec. 2025 was 4.33%.

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

FRA:WPU' s ROE % Range Over the Past 10 Years
Min: -3.31   Med: 6.02   Max: 11.35
Current: 5.53

During the past 13 years, Wereldhave Belgium's highest ROE % was 11.35%. The lowest was -3.31%. And the median was 6.02%.

FRA:WPU's ROE % is ranked worse than
55.17% of 939 companies
in the REITs industry
Industry Median: 6.13 vs FRA:WPU: 5.53

Wereldhave Belgium  (FRA:WPU) 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
=34.022/785.8915
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(34.022 / 98.058)*(98.058 / 1227.7245)*(1227.7245 / 785.8915)
=Net Margin %*Asset Turnover*Equity Multiplier
=34.7 %*0.0799*1.5622
=ROA %*Equity Multiplier
=2.77 %*1.5622
=4.33 %

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
=34.022/785.8915
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (34.022 / 35.346) * (35.346 / 64.028) * (64.028 / 98.058) * (98.058 / 1227.7245) * (1227.7245 / 785.8915)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9625 * 0.552 * 65.3 % * 0.0799 * 1.5622
=4.33 %

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.


Wereldhave Belgium ROE % Related Terms


Wereldhave Belgium ROE % Historical Data

* Premium members only.

The historical data trend for Wereldhave Belgium'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.

Wereldhave Belgium ROE % Chart

Wereldhave Belgium Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.78 8.05 4.19 10.11 5.42

Wereldhave Belgium 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 3.79 17.69 2.59 6.92 4.33

FRA:WPU vs SPG, O, KIM: ROE % Comparison

For the REIT - Retail subindustry, Wereldhave Belgium'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.


Wereldhave Belgium ROE % vs REITs Industry

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

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


FRA:WPU
83GF Score
Wereldhave Belgium FRA:WPU
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Wereldhave Belgium ROE % Calculation

Wereldhave Belgium's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=42.38/( (728.816+834.722)/ 2 )
=42.38/781.769
=5.42 %

Wereldhave Belgium'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 )
=34.022/( (737.061+834.722)/ 2 )
=34.022/785.8915
=4.33 %

* 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 4.33% mean?
Wereldhave Belgium (FRA:WPU) has a ROE % of 4.33% 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 Wereldhave Belgium and its competitors. This is 28% below median its historical median of 6.02. According to the industry distribution chart, Wereldhave Belgium ranks #518 out of 939 companies in the REITs industry, placing it in the top 55.2%.
Is Wereldhave Belgium's ROE % too high?
Wereldhave Belgium's current ROE % of 4.33% is 28% below median its 10-year median of 6.02. The REITs industry median ROE % is 6.13. Wereldhave Belgium's value of 4.33% is 29.4% below this industry median. Based on the distribution chart, Wereldhave Belgium ranks #518 out of 939 companies in the REITs industry, which is below the industry midpoint. Overall, Wereldhave Belgium has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does Wereldhave Belgium's ROE % compare to SPG and O?
According to the REITs industry distribution chart, Wereldhave Belgium ranks #518 out of 939 companies for ROE %. This places Wereldhave Belgium in the lower half of its industry. The industry median ROE % is 6.13. Wereldhave Belgium's value of 4.33% is 29.4% below this benchmark. While the company's 10-year median is 6.02 vs. the industry median of 6.13, Wereldhave Belgium has consistently been below 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 6.13, based on 939 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. Wereldhave Belgium's current ROE % of 4.33% is 29.4% 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 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 Wereldhave Belgium and its competitors. For the REITs industry, the median ROE % is 6.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wereldhave Belgium's current ROE % is 4.33%, which is 28% below median its own 10-year median of 6.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wereldhave Belgium stock overvalued right now?
Wereldhave Belgium (FRA:WPU) has a current ROE % of 4.33%. The stock's GF Value™ is €51.37, compared to a current price of €50.60 — trading 1.5% below its estimated fair value. The current ROE % is 4.33%, which is 28% below median its 10-year median of 6.02 and 29.4% below the REITs industry median of 6.13. Wereldhave Belgium's overall GF Score™ is 83/100 with 8 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 Wereldhave Belgium (FRA:WPU), the current ROE % is 4.33% 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 Wereldhave Belgium (FRA:WPU) Overvalued in 2026?

Based on GuruFocus' analysis, Wereldhave Belgium stock appears to be undervalued. The current stock price of €50.60 is trading 1.5% below its estimated GF Value™ of €51.37.

Key valuation signals for FRA:WPU:

  • ROE %: 4.33% (28% below median its 10-year median of 6.02)
  • GF Value™: €51.37 vs. price of €50.60 (1.5% below fair value)
  • GF Score™: 83/100 with 8 warning signs
  • Industry Position: 29.4% below the REITs median (#518 of 939)

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


Wereldhave Belgium Business Description

Industry Real EstateREITs
Other Exchanges 0N2C:UKWEHB:Belgium
Address Medialaan 30 bus 6, Vilvoorde, BEL, 1800
Wereldhave Belgium is a publicly-regulated real estate company with a focus on commercial property and operating in Belgium. Wereldhave Belgium targets shopping centers as new investments. Its operational shopping center portfolio includes locations in Liege, Nivelles, Tournai, Ghent, Genk, Waterloo, and Kortrijk. The company also owns office properties in Brussels, Vilvoorde, and Antwerp. The company's focus is to create value through both active management and redevelopment, with tactics that include maintaining contact with lessees to acquire up-to-date market information. The company has two segments: offices and retail.
83GF Score

Get the complete analysis for FRA:WPU

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

€50.60
Price
€51.37
GF Value