Texton Property FundJSE:TEX 53 ROE % is 2.92% as of Dec. 2025, which is 395% above its 10-year median of 0.59. GuruFocus rates JSE:TEX with a GF Score™ of 53/100 and a GF Value™ of R2.45 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 933 REITs companies, Texton Property Fund ranks worse than 55.84% on this metric.
The historical rank and industry rank for Texton Property Fund's ROE % or its related term are showing as below:
JSE:TEX'
s ROE % Range Over the Past 10 Years
Min: -24.38 Med: 0.59 Max: 10.99
Current: 5.48
During the past 13 years, Texton Property Fund's highest ROE % was 10.99%. The lowest was -24.38%. And the median was 0.59%.
JSE:TEX's ROE % is ranked worse than 55.84% of 933
companies
in the REITs industry
Industry Median: 6.15
vs JSE:TEX: 5.48
Texton Property Fund (JSE:TEX) 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 (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.
* 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 - Office subindustry, Texton Property Fund'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.
Texton Property Fund ROE % vs REITs Industry
For the REITs industry and Real Estate sector, Texton Property Fund's ROE % distribution charts can be found below:
* The bar in red indicates where Texton Property Fund'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 (Dec. 2025) net income data.
ROE % is displayed in the 30-year financial page.
Texton Property Fund (JSE:TEX) has a ROE % of 2.92% 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 Texton Property Fund and its competitors. This is 395% above median its historical median of 0.59. According to the industry distribution chart, Texton Property Fund ranks #521 out of 933 companies in the REITs industry, placing it in the top 55.8%.
Is Texton Property Fund's ROE % too high?
Texton Property Fund's current ROE % of 2.92% is 395% above median its 10-year median of 0.59. The REITs industry median ROE % is 6.15. Texton Property Fund's value of 2.92% is 52.5% below this industry median. Based on the distribution chart, Texton Property Fund ranks #521 out of 933 companies in the REITs industry, which is below the industry midpoint. Overall, Texton Property Fund has a GF Score™ of 53/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Texton Property Fund's ROE % compare to BXP and ARE?
According to the REITs industry distribution chart, Texton Property Fund ranks #521 out of 933 companies for ROE %. This places Texton Property Fund in the lower half of its industry. The industry median ROE % is 6.15. Texton Property Fund's value of 2.92% is 52.5% below this benchmark. While the company's 10-year median is 0.59 vs. the industry median of 6.15, Texton Property Fund 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 6.15, based on 933 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. Texton Property Fund's current ROE % of 2.92% is 52.5% 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 Texton Property Fund and its competitors. For the REITs industry, the median ROE % is 6.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Texton Property Fund's current ROE % is 2.92%, which is 395% above median its own 10-year median of 0.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Texton Property Fund stock overvalued right now?
Based on GuruFocus' analysis, Texton Property Fund (JSE:TEX) is currently considered Modestly Overvalued. The stock's GF Value™ is R2.45, compared to a current price of R3.00 — trading 22.4% above its estimated fair value. The current ROE % is 2.92%, which is 395% above median its 10-year median of 0.59 and 52.5% below the REITs industry median of 6.15. Texton Property Fund's overall GF Score™ is 53/100 with 6 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 Texton Property Fund (JSE:TEX), the current ROE % is 2.92% 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 Texton Property Fund (JSE:TEX) Overvalued in 2026?
Based on GuruFocus' analysis, Texton Property Fund stock appears to be overvalued.
The current stock price of R3.00 is trading 22.4% above its estimated GF Value™ of R2.45.
GuruFocus considers Texton Property Fund to be Modestly Overvalued.
Key valuation signals for JSE:TEX:
ROE %: 2.92% (395% above median its 10-year median of 0.59)
GF Value™: R2.45 vs. price of R3.00 (22.4% above fair value)
Industry Position: 52.5% below the REITs median (#521 of 933)
No single metric tells the full story. See the JSE:TEX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Texton Property Fund Ltd is a Real Estate Investment Trust that provides shareholders with access to a diversified portfolio of direct and indirect global real estate investments. The portfolio aims to deliver long-term income and capital growth. The core objective is to deliver sustainable, risk-adjusted returns to stakeholders through disciplined capital allocation, strategic asset management, and value-driven investments. The Group has three reportable segments: SA direct property, which derives maximum revenue; UK direct property; and international investments. Direct property investments are split into office, retail, and industrial.
53GF Score
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