Vastned NVLTS:0ET5 +0.84%61 ROE % is 6.41% as of Dec. 2025, which is 34% above its 10-year median of 4.80. GuruFocus rates LTS:0ET5 with a GF Score™ of 61/100 and a GF Value™ of €25.01 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 938 REITs companies, Vastned NV ranks better than 69.51% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Vastned NV's annualized net income for the quarter that ended in Dec. 2025 was €45.77 Mil. Vastned NV's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was €713.86 Mil. Therefore, Vastned NV's annualized ROE % for the quarter that ended in Dec. 2025 was 6.41%.
The historical rank and industry rank for Vastned NV's ROE % or its related term are showing as below:
LTS:0ET5'
s ROE % Range Over the Past 10 Years
Min: -3.46 Med: 4.8 Max: 13.16
Current: 8.94
During the past 13 years, Vastned NV's highest ROE % was 13.16%. The lowest was -3.46%. And the median was 4.80%.
LTS:0ET5's ROE % is ranked better than 69.51% of 938
companies
in the REITs industry
Industry Median: 6.13
vs LTS:0ET5: 8.94
Vastned NV (LTS:0ET5) 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.
Vastned NV ROE % Related Terms
Vastned NV ROE % Historical Data
* Premium members only.
The historical data trend for Vastned NV'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, Vastned NV'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.
Vastned NV ROE % vs REITs Industry
For the REITs industry and Real Estate sector, Vastned NV's ROE % distribution charts can be found below:
* The bar in red indicates where Vastned NV'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.
Vastned NV (LTS:0ET5) has a ROE % of 6.41% 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 Vastned NV and its competitors. This is 34% above median its historical median of 4.80. According to the industry distribution chart, Vastned NV ranks #286 out of 938 companies in the REITs industry, placing it in the top 30.5%.
Is Vastned NV's ROE % too high?
Vastned NV's current ROE % of 6.41% is 34% above median its 10-year median of 4.80. The REITs industry median ROE % is 6.13. Vastned NV's value of 6.41% is 4.6% above this industry median. Based on the distribution chart, Vastned NV ranks #286 out of 938 companies in the REITs industry, which is above the industry midpoint. Overall, Vastned NV has a GF Score™ of 61/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Vastned NV's ROE % compare to SPG and O?
According to the REITs industry distribution chart, Vastned NV ranks #286 out of 938 companies for ROE %. This puts Vastned NV in the upper half of its industry. The industry median ROE % is 6.13. Vastned NV's value of 6.41% is 4.6% above this benchmark. While the company's 10-year median is 4.80 vs. the industry median of 6.13, Vastned NV 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 938 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. Vastned NV's current ROE % of 6.41% is 4.6% 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 Vastned NV 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. Vastned NV's current ROE % is 6.41%, which is 34% above median its own 10-year median of 4.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vastned NV stock overvalued right now?
Based on GuruFocus' analysis, Vastned NV (LTS:0ET5) is currently considered Modestly Overvalued. The stock's GF Value™ is €25.01, compared to a current price of €29.90 — trading 19.6% above its estimated fair value. The current ROE % is 6.41%, which is 34% above median its 10-year median of 4.80 and 4.6% above the REITs industry median of 6.13. Vastned NV's overall GF Score™ is 61/100 with 10 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 Vastned NV (LTS:0ET5), the current ROE % is 6.41% 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 Vastned NV (LTS:0ET5) Overvalued in 2026?
Based on GuruFocus' analysis, Vastned NV stock appears to be overvalued.
The current stock price of €29.90 is trading 19.6% above its estimated GF Value™ of €25.01.
GuruFocus considers Vastned NV to be Modestly Overvalued.
Key valuation signals for LTS:0ET5:
ROE %: 6.41% (34% above median its 10-year median of 4.80)
GF Value™: €25.01 vs. price of €29.90 (19.6% above fair value)
Industry Position: 4.6% above the REITs median (#286 of 938)
No single metric tells the full story. See the LTS:0ET5 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vastned NV, formerly Vastned Belgium is a Belgium-based property investment company. Principally, it invests in Belgian commercial real estate, prime retail properties located on the shopping streets in the cities of Antwerp, Brussels, Ghent and Bruges, inner-city shops, high-end retail parks and retail warehouses.
61GF Score
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