Newpark REIT (JSE:NRL) ROE %: 21.63% (As of Feb. 2026) — 217% Above Median


JSE:NRL Newpark REIT Ltd JSE:NRL
70 GF Score
Price R4.70
GF Value R4.72
Valuation Fairly Valued
! 8 Warning Signs
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What is Newpark REIT ROE %?

Newpark REIT JSE:NRL 70 ROE % is 21.63% as of Feb. 2026, which is 217% above its 10-year median of 6.82. GuruFocus rates JSE:NRL with a GF Score™ of 70/100 and a GF Value™ of R4.72 (Fairly Valued). The stock has 8 warning signs investors should review. Among 939 REITs companies, Newpark REIT ranks better than 87.01% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Newpark REIT's annualized net income for the quarter that ended in Feb. 2026 was R131.1 Mil. Newpark REIT's average Total Stockholders Equity over the quarter that ended in Feb. 2026 was R606.0 Mil. Therefore, Newpark REIT's annualized ROE % for the quarter that ended in Feb. 2026 was 21.63%.

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

JSE:NRL' s ROE % Range Over the Past 10 Years
Min: -28.08   Med: 6.82   Max: 14.5
Current: 14.37

During the past 12 years, Newpark REIT's highest ROE % was 14.50%. The lowest was -28.08%. And the median was 6.82%.

JSE:NRL's ROE % is ranked better than
87.01% of 939 companies
in the REITs industry
Industry Median: 6.13 vs JSE:NRL: 14.37

Newpark REIT  (JSE:NRL) 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: Feb. 2026 )
=Net Income/Total Stockholders Equity
=131.076/605.962
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(131.076 / 131.138)*(131.138 / 1077.424)*(1077.424 / 605.962)
=Net Margin %*Asset Turnover*Equity Multiplier
=99.95 %*0.1217*1.778
=ROA %*Equity Multiplier
=12.16 %*1.778
=21.63 %

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: Feb. 2026 )
=Net Income/Total Stockholders Equity
=131.076/605.962
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (131.076 / 131.076) * (131.076 / 98.766) * (98.766 / 131.138) * (131.138 / 1077.424) * (1077.424 / 605.962)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 1.3271 * 75.31 % * 0.1217 * 1.778
=21.63 %

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.


Newpark REIT ROE % Related Terms


Newpark REIT ROE % Historical Data

* Premium members only.

The historical data trend for Newpark REIT'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.

Newpark REIT ROE % Chart

Newpark REIT Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.10 14.50 -28.08 5.76 14.11

Newpark REIT Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 -48.07 2.65 9.06 7.29 21.63

JSE:NRL vs VICI, WPC, BNL: ROE % Comparison

For the REIT - Diversified subindustry, Newpark REIT'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.


Newpark REIT ROE % vs REITs Industry

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

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


JSE:NRL
70GF Score
Newpark REIT Ltd JSE:NRL
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Newpark REIT ROE % Calculation

Newpark REIT's annualized ROE % for the fiscal year that ended in Feb. 2026 is calculated as

ROE %=Net Income (A: Feb. 2026 )/( (Total Stockholders Equity (A: Feb. 2025 )+Total Stockholders Equity (A: Feb. 2026 ))/ count )
=87.38/( (612.719+625.731)/ 2 )
=87.38/619.225
=14.11 %

Newpark REIT's annualized ROE % for the quarter that ended in Feb. 2026 is calculated as

ROE %=Net Income (Q: Feb. 2026 )/( (Total Stockholders Equity (Q: Aug. 2025 )+Total Stockholders Equity (Q: Feb. 2026 ))/ count )
=131.076/( (586.193+625.731)/ 2 )
=131.076/605.962
=21.63 %

* 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.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 21.63% mean?
Newpark REIT (JSE:NRL) has a ROE % of 21.63% 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 Newpark REIT and its competitors. This is 217% above median its historical median of 6.82. According to the industry distribution chart, Newpark REIT ranks #122 out of 939 companies in the REITs industry, placing it in the top 13%.
Is Newpark REIT's ROE % too high?
Newpark REIT's current ROE % of 21.63% is 217% above median its 10-year median of 6.82. The REITs industry median ROE % is 6.13. Newpark REIT's value of 21.63% is 252.9% above this industry median. Based on the distribution chart, Newpark REIT ranks #122 out of 939 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Newpark REIT has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Newpark REIT's ROE % compare to VICI and WPC?
According to the REITs industry distribution chart, Newpark REIT ranks #122 out of 939 companies for ROE %. This places Newpark REIT in the top 13% of its industry — outperforming the majority of peers. The industry median ROE % is 6.13. Newpark REIT's value of 21.63% is 252.9% above this benchmark. While the company's 10-year median is 6.82 vs. the industry median of 6.13, Newpark REIT 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 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. Newpark REIT's current ROE % of 21.63% is 252.9% 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 Newpark REIT 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. Newpark REIT's current ROE % is 21.63%, which is 217% above median its own 10-year median of 6.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Newpark REIT stock overvalued right now?
Based on GuruFocus' analysis, Newpark REIT (JSE:NRL) is currently considered Fairly Valued. The stock's GF Value™ is R4.72, compared to a current price of R4.70 — trading 0.4% below its estimated fair value. The current ROE % is 21.63%, which is 217% above median its 10-year median of 6.82 and 252.9% above the REITs industry median of 6.13. Newpark REIT's overall GF Score™ is 70/100 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 Newpark REIT (JSE:NRL), the current ROE % is 21.63% 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 Newpark REIT (JSE:NRL) Overvalued in 2026?

Based on GuruFocus' analysis, Newpark REIT stock appears to be undervalued. The current stock price of R4.70 is trading 0.4% below its estimated GF Value™ of R4.72. GuruFocus considers Newpark REIT to be Fairly Valued.

Key valuation signals for JSE:NRL:

  • ROE %: 21.63% (217% above median its 10-year median of 6.82)
  • GF Value™: R4.72 vs. price of R4.70 (0.4% below fair value)
  • GF Score™: 70/100 with 8 warning signs
  • Industry Position: 252.9% above the REITs median (#122 of 939)

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


Newpark REIT Business Description

Industry Real EstateREITs
Address 51 West Street, Houghton Estate, Houghton, Johannesburg, GT, ZAF, 2198
Newpark REIT Ltd is a real estate investment trust company in South Africa. The company focuses on investing in A-grade commercial properties. Its property portfolio comprises the JSE building, the 24 Central, and industrial buildings in Linbro Business Park and Crown City. The Company is organized into four main operating segments, which include Mixed use (office, retail, and storage), Head office, Office, and Industrial. It generates the majority of the revenue from the Office segment.
70GF Score

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

R4.70
Price
R4.72
GF Value