AX Real EstateMAL:AXR 29 ROE % is 26.13% as of Oct. 2025, which is 545% above its 10-year median of 4.05. GuruFocus rates MAL:AXR with a GF Score™ of 29/100 and a GF Value™ of €0.81 (Possible Value Trap). The stock has 9 warning signs investors should review. Among 1,732 Real Estate companies, AX Real Estate ranks better than 85.62% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. AX Real Estate's annualized net income for the quarter that ended in Oct. 2025 was €37.82 Mil. AX Real Estate's average Total Stockholders Equity over the quarter that ended in Oct. 2025 was €144.74 Mil. Therefore, AX Real Estate's annualized ROE % for the quarter that ended in Oct. 2025 was 26.13%.
The historical rank and industry rank for AX Real Estate's ROE % or its related term are showing as below:
MAL:AXR'
s ROE % Range Over the Past 10 Years
Min: 0.3 Med: 4.05 Max: 15.31
Current: 15.31
During the past 4 years, AX Real Estate's highest ROE % was 15.31%. The lowest was 0.30%. And the median was 4.05%.
MAL:AXR's ROE % is ranked better than 85.62% of 1732
companies
in the Real Estate industry
Industry Median: 3.97
vs MAL:AXR: 15.31
AX Real Estate (MAL:AXR) 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 (Oct. 2025) net income data. The Revenue data used here is two times the semi-annual (Oct. 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.
AX Real Estate ROE % Related Terms
AX Real Estate ROE % Historical Data
* Premium members only.
The historical data trend for AX Real Estate'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 Real Estate - Diversified subindustry, AX Real Estate'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.
AX Real Estate ROE % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, AX Real Estate's ROE % distribution charts can be found below:
* The bar in red indicates where AX Real Estate'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 (Oct. 2025) net income data.
ROE % is displayed in the 30-year financial page.
AX Real Estate (MAL:AXR) has a ROE % of 26.13% as of Oct. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on AX Real Estate and its competitors. This is 545% above median its historical median of 4.05. Over the past decade, AX Real Estate's ROE % has ranged from 0.30 to 15.31. According to the industry distribution chart, AX Real Estate ranks #249 out of 1732 companies in the Real Estate industry, placing it in the top 14.4%.
Is AX Real Estate's ROE % too high?
AX Real Estate's current ROE % of 26.13% is 545% above median its 10-year median of 4.05. Over the past 10 years, this metric has ranged from a low of 0.30 to a high of 15.31. The Real Estate industry median ROE % is 3.97. AX Real Estate's value of 26.13% is 558.2% above this industry median. Based on the distribution chart, AX Real Estate ranks #249 out of 1732 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, AX Real Estate has a GF Score™ of 29/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does AX Real Estate's ROE % compare to competitors?
According to the Real Estate industry distribution chart, AX Real Estate ranks #249 out of 1732 companies for ROE %. This places AX Real Estate in the top 14% of its industry — outperforming the majority of peers. The industry median ROE % is 3.97. AX Real Estate's value of 26.13% is 558.2% above this benchmark. Historically, AX Real Estate's own ROE % has ranged from 0.30 to 15.31 over the past decade. While the company's 10-year median is 4.05 vs. the industry median of 3.97, AX Real Estate 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 Real Estate company?
The median ROE % among Real Estate companies is 3.97, based on 1,732 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. AX Real Estate's current ROE % of 26.13% is 558.2% 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 AX Real Estate and its competitors. For the Real Estate industry, the median ROE % is 3.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AX Real Estate's current ROE % is 26.13%, which is 545% above median its own 10-year median of 4.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AX Real Estate stock overvalued right now?
Based on GuruFocus' analysis, AX Real Estate (MAL:AXR) is currently considered Possible Value Trap. The stock's GF Value™ is €0.81, compared to a current price of €0.49 — trading 39.5% below its estimated fair value. The current ROE % is 26.13%, which is 545% above median its 10-year median of 4.05 and 558.2% above the Real Estate industry median of 3.97. AX Real Estate's overall GF Score™ is 29/100 with 9 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 AX Real Estate (MAL:AXR), the current ROE % is 26.13% as of Oct. 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 AX Real Estate (MAL:AXR) Overvalued in 2026?
Based on GuruFocus' analysis, AX Real Estate stock appears to be undervalued.
The current stock price of €0.49 is trading 39.5% below its estimated GF Value™ of €0.81.
GuruFocus considers AX Real Estate to be Possible Value Trap.
Key valuation signals for MAL:AXR:
ROE %: 26.13% (545% above median its 10-year median of 4.05)
GF Value™: €0.81 vs. price of €0.49 (39.5% below fair value)
Industry Position: 558.2% above the Real Estate median (#249 of 1732)
No single metric tells the full story. See the MAL:AXR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AX Real Estate PLC serves as the holding company of the Estates Group within the AX Group, with the former boasting a diverse portfolio of properties. It is engaged in four main business sectors namely, Care, Construction, Hospitality, Real Estate, and Development, and is also involved in renewable energy. It generates rental revenues from Hospitality, Care home, Offices, Residential, and Warehousing. It generates the majority of its revenue from the Hospitality segment.
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