Dipula PropertiesJSE:DIB 46 ROE % is 8.03% as of Feb. 2026, which is 28% below its 10-year median of 11.15. GuruFocus rates JSE:DIB with a GF Score™ of 46/100 and a GF Value™ of R3.33 (Significantly Overvalued). The stock has 11 warning signs investors should review. Among 934 REITs companies, Dipula Properties ranks better than 85.97% on this metric.
The historical rank and industry rank for Dipula Properties's ROE % or its related term are showing as below:
JSE:DIB'
s ROE % Range Over the Past 10 Years
Min: 2.22 Med: 11.15 Max: 18.99
Current: 14.07
During the past 13 years, Dipula Properties's highest ROE % was 18.99%. The lowest was 2.22%. And the median was 11.15%.
JSE:DIB's ROE % is ranked better than 85.97% of 934
companies
in the REITs industry
Industry Median: 6.13
vs JSE:DIB: 14.07
Dipula Properties (JSE:DIB) 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.
Dipula Properties ROE % Related Terms
Dipula Properties ROE % Historical Data
* Premium members only.
The historical data trend for Dipula Properties'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 REIT - Retail subindustry, Dipula Properties'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.
Dipula Properties ROE % vs REITs Industry
For the REITs industry and Real Estate sector, Dipula Properties's ROE % distribution charts can be found below:
* The bar in red indicates where Dipula Properties'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.
Dipula Properties (JSE:DIB) has a ROE % of 8.03% 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 Dipula Properties and its competitors. This is 28% below median its historical median of 11.15. Over the past decade, Dipula Properties' ROE % has ranged from 2.22 to 18.99. According to the industry distribution chart, Dipula Properties ranks #131 out of 934 companies in the REITs industry, placing it in the top 14%.
Is Dipula Properties' ROE % too high?
Dipula Properties' current ROE % of 8.03% is 28% below median its 10-year median of 11.15. Over the past 10 years, this metric has ranged from a low of 2.22 to a high of 18.99. The REITs industry median ROE % is 6.13. Dipula Properties' value of 8.03% is 31% above this industry median. Based on the distribution chart, Dipula Properties ranks #131 out of 934 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Dipula Properties has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Dipula Properties' ROE % compare to SPG and O?
According to the REITs industry distribution chart, Dipula Properties ranks #131 out of 934 companies for ROE %. This places Dipula Properties in the top 14% of its industry — outperforming the majority of peers. The industry median ROE % is 6.13. Dipula Properties' value of 8.03% is 31% above this benchmark. Historically, Dipula Properties' own ROE % has ranged from 2.22 to 18.99 over the past decade. While the company's 10-year median is 11.15 vs. the industry median of 6.13, Dipula Properties 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 6.13, based on 934 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. Dipula Properties's current ROE % of 8.03% is 31% 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 Dipula Properties 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. Dipula Properties's current ROE % is 8.03%, which is 28% below median its own 10-year median of 11.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dipula Properties stock overvalued right now?
Based on GuruFocus' analysis, Dipula Properties (JSE:DIB) is currently considered Significantly Overvalued. The stock's GF Value™ is R3.33, compared to a current price of R7.15 — trading 114.7% above its estimated fair value. The current ROE % is 8.03%, which is 28% below median its 10-year median of 11.15 and 31% above the REITs industry median of 6.13. Dipula Properties' overall GF Score™ is 46/100 with 11 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 Dipula Properties (JSE:DIB), the current ROE % is 8.03% 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.
Is Dipula Properties (JSE:DIB) Overvalued in 2026?
Based on GuruFocus' analysis, Dipula Properties stock appears to be overvalued.
The current stock price of R7.15 is trading 114.7% above its estimated GF Value™ of R3.33.
GuruFocus considers Dipula Properties to be Significantly Overvalued.
Key valuation signals for JSE:DIB:
ROE %: 8.03% (28% below median its 10-year median of 11.15)
GF Value™: R3.33 vs. price of R7.15 (114.7% above fair value)
Industry Position: 31% above the REITs median (#131 of 934)
No single metric tells the full story. See the JSE:DIB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Dipula Properties Ltd is a South Africa-based real estate investment trust that owns a diversified property portfolio comprising defensive urban, township, and rural community retail centres. In addition to retail assets, the company also owns mid-sized industrial and logistics properties, office properties in urban areas, and affordable residential rental assets located in economically active regions across South Africa. The company's operating segments include Retail, Offices, Industrial, Land, Residential, and Corporate. The majority of its revenue is derived from the Retail segment, which represents income generated from its portfolio of shopping centres. The majority of its properties are located in Gauteng.
46GF Score
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