Boxer RetailJSE:BOX +0.05%18 ROE % is 73.28% as of Feb. 2026, which is 0% above its 10-year median of 73.12. GuruFocus rates JSE:BOX with a GF Score™ of 18/100. The stock has 5 warning signs investors should review. Among 1,097 Retail - Cyclical companies, Boxer Retail ranks better than 95.62% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Boxer Retail's annualized net income for the quarter that ended in Feb. 2026 was R2,108 Mil. Boxer Retail's average Total Stockholders Equity over the quarter that ended in Feb. 2026 was R2,877 Mil. Therefore, Boxer Retail's annualized ROE % for the quarter that ended in Feb. 2026 was 73.28%.
The historical rank and industry rank for Boxer Retail's ROE % or its related term are showing as below:
JSE:BOX'
s ROE % Range Over the Past 10 Years
Min: 42.83 Med: 73.12 Max: 99.71
Current: 60.66
During the past 5 years, Boxer Retail's highest ROE % was 99.71%. The lowest was 42.83%. And the median was 73.12%.
JSE:BOX's ROE % is ranked better than 95.62% of 1097
companies
in the Retail - Cyclical industry
Industry Median: 6.46
vs JSE:BOX: 60.66
Boxer Retail (JSE:BOX) 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:
Note:
The net income data used here is two times the semi-annual (Feb. 2026) net income data. The Revenue data used here is two times the semi-annual (Feb. 2026) 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.
Boxer Retail ROE % Related Terms
Boxer Retail ROE % Historical Data
* Premium members only.
The historical data trend for Boxer Retail'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.
For the Department Stores subindustry, Boxer Retail'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.
Boxer Retail ROE % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Boxer Retail's ROE % distribution charts can be found below:
* The bar in red indicates where Boxer Retail's ROE % falls into.
* 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 (Feb. 2026) net income data.
ROE % is displayed in the 30-year financial page.
Boxer Retail (JSE:BOX) has a ROE % of 73.28% as of Feb. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Boxer Retail and its competitors. This is near median its historical median of 73.12. Over the past decade, Boxer Retail's ROE % has ranged from 42.83 to 99.71. According to the industry distribution chart, Boxer Retail ranks #48 out of 1097 companies in the Retail - Cyclical industry, placing it in the top 4.4%.
Is Boxer Retail's ROE % too high?
Boxer Retail's current ROE % of 73.28% is near median its 10-year median of 73.12. Over the past 10 years, this metric has ranged from a low of 42.83 to a high of 99.71. The Retail - Cyclical industry median ROE % is 6.46. Boxer Retail's value of 73.28% is 1034.4% above this industry median. Based on the distribution chart, Boxer Retail ranks #48 out of 1097 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Boxer Retail has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Boxer Retail's ROE % compare to DDS and M?
According to the Retail - Cyclical industry distribution chart, Boxer Retail ranks #48 out of 1097 companies for ROE %. This places Boxer Retail in the top 4% of its industry — outperforming the majority of peers. The industry median ROE % is 6.46. Boxer Retail's value of 73.28% is 1034.4% above this benchmark. Historically, Boxer Retail's own ROE % has ranged from 42.83 to 99.71 over the past decade. While the company's 10-year median is 73.12 vs. the industry median of 6.46, Boxer Retail 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 Retail - Cyclical company?
The median ROE % among Retail - Cyclical companies is 6.46, based on 1,097 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. Boxer Retail's current ROE % of 73.28% is 1034.4% 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 Boxer Retail and its competitors. For the Retail - Cyclical industry, the median ROE % is 6.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Boxer Retail's current ROE % is 73.28%, which is near median its own 10-year median of 73.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Boxer Retail stock overvalued right now?
Boxer Retail (JSE:BOX) has a current ROE % of 73.28%. The current ROE % is 73.28%, which is near median its 10-year median of 73.12 and 1034.4% above the Retail - Cyclical industry median of 6.46. Boxer Retail's overall GF Score™ is 18/100 with 5 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 Boxer Retail (JSE:BOX), the current ROE % is 73.28% 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.
Boxer Retail Ltd is engaged in the retail of food, health and beauty products, general merchandise and liquor, and additional value-added services, in South Africa and Eswatini. The group has one operating segment, namely Boxer Group which includes all retail operations under the Boxer Superstores, Boxer Build and Boxer Liquors brands selling products such as groceries, general merchandise and liquor.
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