Vukile Property FundNAM:VKN +1.81%73 ROE % is 21.51% as of Mar. 2026, which is 103% above its 10-year median of 10.60. GuruFocus rates NAM:VKN with a GF Score™ of 73/100 and a GF Value™ of N$21.63 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 933 REITs companies, Vukile Property Fund ranks better than 92.39% on this metric.
The historical rank and industry rank for Vukile Property Fund's ROE % or its related term are showing as below:
NAM:VKN'
s ROE % Range Over the Past 10 Years
Min: -0.57 Med: 10.6 Max: 18.76
Current: 18.76
During the past 13 years, Vukile Property Fund's highest ROE % was 18.76%. The lowest was -0.57%. And the median was 10.60%.
NAM:VKN's ROE % is ranked better than 92.39% of 933
companies
in the REITs industry
Industry Median: 6.15
vs NAM:VKN: 18.76
Vukile Property Fund (NAM:VKN) 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 (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.
* 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, Vukile 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.
Vukile Property Fund ROE % vs REITs Industry
For the REITs industry and Real Estate sector, Vukile Property Fund's ROE % distribution charts can be found below:
* The bar in red indicates where Vukile 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 (Mar. 2026) net income data.
ROE % is displayed in the 30-year financial page.
Vukile Property Fund (NAM:VKN) has a ROE % of 21.51% 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 Vukile Property Fund and its competitors. This is 103% above median its historical median of 10.60. According to the industry distribution chart, Vukile Property Fund ranks #71 out of 933 companies in the REITs industry, placing it in the top 7.6%.
Is Vukile Property Fund's ROE % too high?
Vukile Property Fund's current ROE % of 21.51% is 103% above median its 10-year median of 10.60. The REITs industry median ROE % is 6.15. Vukile Property Fund's value of 21.51% is 249.8% above this industry median. Based on the distribution chart, Vukile Property Fund ranks #71 out of 933 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Vukile Property Fund has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Vukile Property Fund's ROE % compare to SPG and O?
According to the REITs industry distribution chart, Vukile Property Fund ranks #71 out of 933 companies for ROE %. This places Vukile Property Fund in the top 8% of its industry — outperforming the majority of peers. The industry median ROE % is 6.15. Vukile Property Fund's value of 21.51% is 249.8% above this benchmark. While the company's 10-year median is 10.60 vs. the industry median of 6.15, Vukile Property Fund 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 6.15, 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. Vukile Property Fund's current ROE % of 21.51% is 249.8% 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 Vukile 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. Vukile Property Fund's current ROE % is 21.51%, which is 103% above median its own 10-year median of 10.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vukile Property Fund stock overvalued right now?
Based on GuruFocus' analysis, Vukile Property Fund (NAM:VKN) is currently considered Modestly Overvalued. The stock's GF Value™ is N$21.63, compared to a current price of N$25.34 — trading 17.2% above its estimated fair value. The current ROE % is 21.51%, which is 103% above median its 10-year median of 10.60 and 249.8% above the REITs industry median of 6.15. Vukile Property Fund's overall GF Score™ is 73/100 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 Vukile Property Fund (NAM:VKN), the current ROE % is 21.51% 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 Vukile Property Fund (NAM:VKN) Overvalued in 2026?
Based on GuruFocus' analysis, Vukile Property Fund stock appears to be overvalued.
The current stock price of N$25.34 is trading 17.2% above its estimated GF Value™ of N$21.63.
GuruFocus considers Vukile Property Fund to be Modestly Overvalued.
Key valuation signals for NAM:VKN:
ROE %: 21.51% (103% above median its 10-year median of 10.60)
GF Value™: N$21.63 vs. price of N$25.34 (17.2% above fair value)
Industry Position: 249.8% above the REITs median (#71 of 933)
No single metric tells the full story. See the NAM:VKN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vukile Property Fund Ltd is a real estate company that owns property throughout South Africa. The company derives its revenue predominantly from property leases. Retail properties, particularly shopping malls, represent more than half of Vukile's property portfolio. Offices, industrial buildings, and sovereign properties are also its portfolio constituents. The majority of the company's tenants are large, listed national companies and franchises, with the remainder comprising government and midsize to large professional firms. The company's geographical segment includes South Africa and the Iberian Peninsula, which is further disaggregated into Spain and Portugal.
73GF Score
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