Resilient REIT (JSE:RES) ROE %: 32.27% (As of Dec. 2025) — 136% Above Median


JSE:RES Resilient REIT Ltd JSE:RES
78 GF Score
Price R83.30
GF Value R64.32
Valuation Modestly Overvalued
! 12 Warning Signs
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What is Resilient REIT ROE %?

Resilient REIT JSE:RES -0.94% 78 ROE % is 32.27% as of Dec. 2025, which is 136% above its 10-year median of 13.68. GuruFocus rates JSE:RES with a GF Score™ of 78/100 and a GF Value™ of R64.32 (Modestly Overvalued). The stock has 12 warning signs investors should review. Among 935 REITs companies, Resilient REIT ranks better than 92.62% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Resilient REIT's annualized net income for the quarter that ended in Dec. 2025 was R7,958 Mil. Resilient REIT's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was R24,663 Mil. Therefore, Resilient REIT's annualized ROE % for the quarter that ended in Dec. 2025 was 32.27%.

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

JSE:RES' s ROE % Range Over the Past 10 Years
Min: -16.33   Med: 13.68   Max: 19.4
Current: 18.95

During the past 13 years, Resilient REIT's highest ROE % was 19.40%. The lowest was -16.33%. And the median was 13.68%.

JSE:RES's ROE % is ranked better than
92.62% of 935 companies
in the REITs industry
Industry Median: 6.13 vs JSE:RES: 18.95

Resilient REIT  (JSE:RES) 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
=7958.184/24663.277
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(7958.184 / 3996.734)*(3996.734 / 39856.323)*(39856.323 / 24663.277)
=Net Margin %*Asset Turnover*Equity Multiplier
=199.12 %*0.1003*1.616
=ROA %*Equity Multiplier
=19.97 %*1.616
=32.27 %

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
=7958.184/24663.277
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (7958.184 / 8127.646) * (8127.646 / 2278.468) * (2278.468 / 3996.734) * (3996.734 / 39856.323) * (39856.323 / 24663.277)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9791 * 3.5672 * 57.01 % * 0.1003 * 1.616
=32.27 %

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.


Resilient REIT ROE % Related Terms


Resilient REIT ROE % Historical Data

* Premium members only.

The historical data trend for Resilient 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.

Resilient REIT ROE % Chart

Resilient REIT Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.09 19.40 16.88 12.79 18.63

Resilient REIT 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 26.13 11.85 13.88 5.11 32.27

JSE:RES vs SPG, O, KIM: ROE % Comparison

For the REIT - Retail subindustry, Resilient 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.


Resilient REIT ROE % vs REITs Industry

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

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


JSE:RES
78GF Score
Resilient REIT Ltd JSE:RES
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Resilient REIT ROE % Calculation

Resilient REIT'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 )
=4570.994/( (23050.383+26028.494)/ 2 )
=4570.994/24539.4385
=18.63 %

Resilient REIT'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 )
=7958.184/( (23298.06+26028.494)/ 2 )
=7958.184/24663.277
=32.27 %

* 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 32.27% mean?
Resilient REIT (JSE:RES) has a ROE % of 32.27% 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 Resilient REIT and its competitors. This is 136% above median its historical median of 13.68. According to the industry distribution chart, Resilient REIT ranks #69 out of 935 companies in the REITs industry, placing it in the top 7.4%.
Is Resilient REIT's ROE % too high?
Resilient REIT's current ROE % of 32.27% is 136% above median its 10-year median of 13.68. The REITs industry median ROE % is 6.13. Resilient REIT's value of 32.27% is 426.4% above this industry median. Based on the distribution chart, Resilient REIT ranks #69 out of 935 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Resilient REIT has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Resilient REIT's ROE % compare to SPG and O?
According to the REITs industry distribution chart, Resilient REIT ranks #69 out of 935 companies for ROE %. This places Resilient REIT in the top 7% of its industry — outperforming the majority of peers. The industry median ROE % is 6.13. Resilient REIT's value of 32.27% is 426.4% above this benchmark. While the company's 10-year median is 13.68 vs. the industry median of 6.13, Resilient 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 935 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. Resilient REIT's current ROE % of 32.27% is 426.4% 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 Resilient 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. Resilient REIT's current ROE % is 32.27%, which is 136% above median its own 10-year median of 13.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Resilient REIT stock overvalued right now?
Based on GuruFocus' analysis, Resilient REIT (JSE:RES) is currently considered Modestly Overvalued. The stock's GF Value™ is R64.32, compared to a current price of R83.30 — trading 29.5% above its estimated fair value. The current ROE % is 32.27%, which is 136% above median its 10-year median of 13.68 and 426.4% above the REITs industry median of 6.13. Resilient REIT's overall GF Score™ is 78/100 with 12 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 Resilient REIT (JSE:RES), the current ROE % is 32.27% 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 Resilient REIT (JSE:RES) Overvalued in 2026?

Based on GuruFocus' analysis, Resilient REIT stock appears to be overvalued. The current stock price of R83.30 is trading 29.5% above its estimated GF Value™ of R64.32. GuruFocus considers Resilient REIT to be Modestly Overvalued.

Key valuation signals for JSE:RES:

  • ROE %: 32.27% (136% above median its 10-year median of 13.68)
  • GF Value™: R64.32 vs. price of R83.30 (29.5% above fair value)
  • GF Score™: 78/100 with 12 warning signs
  • Industry Position: 426.4% above the REITs median (#69 of 935)

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


Resilient REIT Business Description

Industry Real EstateREITs
Address Rivonia Boulevard, 4th Floor, Rivonia Village, Rivonia, Johannesburg, GT, ZAF, 2191
Resilient REIT Ltd is a South Africa-based real estate investment trust. The company's portfolio consists of regional shopping malls tenanted by national retailers. Resilient's properties are mostly located in nonmetropolitan areas, including Limpopo, Gauteng, Mpumalanga, Northern Cape, and KwaZulu-Natal. The company operates through two segments: Corporate and Retail. The company further divides the segments geographically into South Africa, Portugal, and Nigeria with the South Africa segment generating the majority of total revenue. Resilient internally manages its assets, and outsources the property management to third-party companies.
78GF Score

Get the complete analysis for JSE:RES

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

R83.30
Price
R64.32
GF Value