Link Real Estate Investment Trust (MEX:823N) ROE %: -7.41% (As of Mar. 2026)


MEX:823N Link Real Estate Investment Trust MEX:823N
66 GF Score
Price MXN102.06
GF Value MXN106.09
! 4 Warning Signs
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What is Link Real Estate Investment Trust ROE %?

Link Real Estate Investment Trust MEX:823N 66 ROE % is -7.41% as of Mar. 2026. GuruFocus rates MEX:823N with a GF Score™ of 66/100 and a GF Value™ of MXN106.09. The stock has 4 warning signs investors should review. Among 933 REITs companies, Link Real Estate Investment Trust ranks worse than 89.17% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Link Real Estate Investment Trust's annualized net income for the quarter that ended in Mar. 2026 was MXN-26,648 Mil. Link Real Estate Investment Trust's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was MXN359,431 Mil. Therefore, Link Real Estate Investment Trust's annualized ROE % for the quarter that ended in Mar. 2026 was -7.41%.

The historical rank and industry rank for Link Real Estate Investment Trust's ROE % or its related term are showing as below:

MEX:823N' s ROE % Range Over the Past 10 Years
Min: -9.83   Med: 2.52   Max: 30.15
Current: -4.7

During the past 13 years, Link Real Estate Investment Trust's highest ROE % was 30.15%. The lowest was -9.83%. And the median was 2.52%.

MEX:823N's ROE % is ranked worse than
89.17% of 933 companies
in the REITs industry
Industry Median: 6.15 vs MEX:823N: -4.70

Link Real Estate Investment Trust  (MEX:823N) 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: Mar. 2026 )
=Net Income/Total Stockholders Equity
=-26647.698/359431.2705
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-26647.698 / 31863.884)*(31863.884 / 519441.0655)*(519441.0655 / 359431.2705)
=Net Margin %*Asset Turnover*Equity Multiplier
=-83.63 %*0.0613*1.4452
=ROA %*Equity Multiplier
=-5.13 %*1.4452
=-7.41 %

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: Mar. 2026 )
=Net Income/Total Stockholders Equity
=-26647.698/359431.2705
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-26647.698 / -25905.82) * (-25905.82 / 21583.576) * (21583.576 / 31863.884) * (31863.884 / 519441.0655) * (519441.0655 / 359431.2705)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.0286 * -1.2003 * 67.74 % * 0.0613 * 1.4452
=-7.41 %

Note: The net income data used here is two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (Mar. 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.


Link Real Estate Investment Trust ROE % Related Terms


Link Real Estate Investment Trust ROE % Historical Data

* Premium members only.

The historical data trend for Link Real Estate Investment Trust'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.

Link Real Estate Investment Trust ROE % Chart

Link Real Estate Investment Trust Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.22 8.37 -1.03 -5.76 -4.39

Link Real Estate Investment Trust Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 1.51 -4.57 -6.30 -1.89 -7.41

MEX:823N vs SPG, O, KIM: ROE % Comparison

For the REIT - Retail subindustry, Link Real Estate Investment Trust'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.


Link Real Estate Investment Trust ROE % vs REITs Industry

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

* The bar in red indicates where Link Real Estate Investment Trust's ROE % falls into.


MEX:823N
66GF Score
Link Real Estate Investment Trust MEX:823N
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Link Real Estate Investment Trust ROE % Calculation

Link Real Estate Investment Trust's annualized ROE % for the fiscal year that ended in Mar. 2026 is calculated as

ROE %=Net Income (A: Mar. 2026 )/( (Total Stockholders Equity (A: Mar. 2025 )+Total Stockholders Equity (A: Mar. 2026 ))/ count )
=-17042.454/( (430257.044+345816.443)/ 2 )
=-17042.454/388036.7435
=-4.39 %

Link Real Estate Investment Trust's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Sep. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=-26647.698/( (373046.098+345816.443)/ 2 )
=-26647.698/359431.2705
=-7.41 %

* 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 (Mar. 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 -7.41% mean?
Link Real Estate Investment Trust (MEX:823N) has a ROE % of -7.41% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Link Real Estate Investment Trust and its competitors. According to the industry distribution chart, Link Real Estate Investment Trust ranks #832 out of 933 companies in the REITs industry, placing it in the top 89.2%.
Is Link Real Estate Investment Trust's ROE % too high?
Link Real Estate Investment Trust's current ROE % is -7.41%. Based on the distribution chart, Link Real Estate Investment Trust ranks #832 out of 933 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Link Real Estate Investment Trust has a GF Score™ of 66/100, reflecting its overall financial health beyond just this single metric.
How does Link Real Estate Investment Trust's ROE % compare to SPG and O?
According to the REITs industry distribution chart, Link Real Estate Investment Trust ranks #832 out of 933 companies for ROE %. This places Link Real Estate Investment Trust in the lower half of its industry. The industry median ROE % is 6.15. 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. 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 Link Real Estate Investment Trust 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. Link Real Estate Investment Trust's current ROE % is -7.41%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Link Real Estate Investment Trust stock overvalued right now?
Link Real Estate Investment Trust (MEX:823N) has a current ROE % of -7.41%. The stock's GF Value™ is MXN106.09, compared to a current price of MXN102.06 — trading 3.8% below its estimated fair value. The current ROE % is -7.41%. Link Real Estate Investment Trust's overall GF Score™ is 66/100 with 4 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 Link Real Estate Investment Trust (MEX:823N), the current ROE % is -7.41% as of Mar. 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 Link Real Estate Investment Trust (MEX:823N) Overvalued in 2026?

Based on GuruFocus' analysis, Link Real Estate Investment Trust stock appears to be undervalued. The current stock price of MXN102.06 is trading 3.8% below its estimated GF Value™ of MXN106.09.

Key valuation signals for MEX:823N:

  • ROE %: -7.41%
  • GF Value™: MXN106.09 vs. price of MXN102.06 (3.8% below fair value)
  • GF Score™: 66/100 with 4 warning signs

No single metric tells the full story. See the MEX:823N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Link Real Estate Investment Trust Business Description

Industry Real EstateREITs
Address 77 Hoi Bun Road, 20th Floor, Tower 1, The Quayside, Kowloon, Kwun Tong, Hong Kong, HKG
Link REIT is Asia's largest REIT, listed in 2005 to privatize retail assets held by the Hong Kong Housing Authority. It owns 154 properties and around 57,000 car park spaces. It expanded its investment mandate in 2014 to allow overseas acquisitions, and has since acquired retail, office, and logistics properties in China, as well as an office development project in Hong Kong. Link also expanded its footprint to Sydney, Melbourne, London, and Singapore.
66GF Score

Get the complete analysis for MEX:823N

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

MXN102.06
Price
MXN106.09
GF Value