FairPlay Properties REIT (XBUL:FPP) ROE %: 4.01% (As of Mar. 2026) — 110% Above Median


XBUL:FPP FairPlay Properties REIT XBUL:FPP
72 GF Score
Price €0.52
GF Value €4.42
Valuation Possible Value Trap
! 2 Warning Signs
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What is FairPlay Properties REIT ROE %?

FairPlay Properties REIT XBUL:FPP 72 ROE % is 4.01% as of Mar. 2026, which is 110% above its 10-year median of 1.91. GuruFocus rates XBUL:FPP with a GF Score™ of 72/100 and a GF Value™ of €4.42 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 935 REITs companies, FairPlay Properties REIT ranks better than 88.45% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. FairPlay Properties REIT's annualized net income for the quarter that ended in Mar. 2026 was €2.72 Mil. FairPlay Properties REIT's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was €67.68 Mil. Therefore, FairPlay Properties REIT's annualized ROE % for the quarter that ended in Mar. 2026 was 4.01%.

The historical rank and industry rank for FairPlay Properties REIT's ROE % or its related term are showing as below:

XBUL:FPP' s ROE % Range Over the Past 10 Years
Min: -3.41   Med: 1.91   Max: 15.75
Current: 15.19

During the past 10 years, FairPlay Properties REIT's highest ROE % was 15.75%. The lowest was -3.41%. And the median was 1.91%.

XBUL:FPP's ROE % is ranked better than
88.45% of 935 companies
in the REITs industry
Industry Median: 6.13 vs XBUL:FPP: 15.19

FairPlay Properties REIT  (XBUL:FPP) 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
=2.716/67.682
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(2.716 / 8.032)*(8.032 / 102.417)*(102.417 / 67.682)
=Net Margin %*Asset Turnover*Equity Multiplier
=33.81 %*0.0784*1.5132
=ROA %*Equity Multiplier
=2.65 %*1.5132
=4.01 %

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
=2.716/67.682
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (2.716 / 2.716) * (2.716 / 5.312) * (5.312 / 8.032) * (8.032 / 102.417) * (102.417 / 67.682)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 0.5113 * 66.14 % * 0.0784 * 1.5132
=4.01 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (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.


FairPlay Properties REIT ROE % Related Terms


FairPlay Properties REIT ROE % Historical Data

* Premium members only.

The historical data trend for FairPlay Properties REIT'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.

FairPlay Properties REIT ROE % Chart

FairPlay Properties REIT Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.75 6.84 2.96 8.83 15.75

FairPlay Properties REIT Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 5.35 33.45 3.17 21.19 4.01

XBUL:FPP vs VICI, WPC: ROE % Comparison

For the REIT - Diversified subindustry, FairPlay Properties REIT'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.


FairPlay Properties REIT ROE % vs REITs Industry

For the REITs industry and Real Estate sector, FairPlay Properties REIT's ROE % distribution charts can be found below:

* The bar in red indicates where FairPlay Properties REIT's ROE % falls into.


XBUL:FPP
72GF Score
FairPlay Properties REIT XBUL:FPP
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

FairPlay Properties REIT ROE % Calculation

FairPlay Properties REIT's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=9.871/( (58.142+67.212)/ 2 )
=9.871/62.677
=15.75 %

FairPlay Properties REIT's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=2.716/( (67.212+68.152)/ 2 )
=2.716/67.682
=4.01 %

* 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 four times the quarterly (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 4.01% mean?
FairPlay Properties REIT (XBUL:FPP) has a ROE % of 4.01% 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 FairPlay Properties REIT and its competitors. This is 110% above median its historical median of 1.91. According to the industry distribution chart, FairPlay Properties REIT ranks #108 out of 935 companies in the REITs industry, placing it in the top 11.6%.
Is FairPlay Properties REIT's ROE % too high?
FairPlay Properties REIT's current ROE % of 4.01% is 110% above median its 10-year median of 1.91. The REITs industry median ROE % is 6.13. FairPlay Properties REIT's value of 4.01% is 34.6% below this industry median. Based on the distribution chart, FairPlay Properties REIT ranks #108 out of 935 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, FairPlay Properties REIT has a GF Score™ of 72/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does FairPlay Properties REIT's ROE % compare to VICI and WPC?
According to the REITs industry distribution chart, FairPlay Properties REIT ranks #108 out of 935 companies for ROE %. This places FairPlay Properties REIT in the top 12% of its industry — outperforming the majority of peers. The industry median ROE % is 6.13. FairPlay Properties REIT's value of 4.01% is 34.6% below this benchmark. While the company's 10-year median is 1.91 vs. the industry median of 6.13, FairPlay Properties REIT 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 6.13, based on 935 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. FairPlay Properties REIT's current ROE % of 4.01% is 34.6% 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 FairPlay Properties REIT 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. FairPlay Properties REIT's current ROE % is 4.01%, which is 110% above median its own 10-year median of 1.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FairPlay Properties REIT stock overvalued right now?
Based on GuruFocus' analysis, FairPlay Properties REIT (XBUL:FPP) is currently considered Possible Value Trap. The stock's GF Value™ is €4.42, compared to a current price of €0.52 — trading 88.2% below its estimated fair value. The current ROE % is 4.01%, which is 110% above median its 10-year median of 1.91 and 34.6% below the REITs industry median of 6.13. FairPlay Properties REIT's overall GF Score™ is 72/100 with 2 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 FairPlay Properties REIT (XBUL:FPP), the current ROE % is 4.01% 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 FairPlay Properties REIT (XBUL:FPP) Overvalued in 2026?

Based on GuruFocus' analysis, FairPlay Properties REIT stock appears to be undervalued. The current stock price of €0.52 is trading 88.2% below its estimated GF Value™ of €4.42. GuruFocus considers FairPlay Properties REIT to be Possible Value Trap.

Key valuation signals for XBUL:FPP:

  • ROE %: 4.01% (110% above median its 10-year median of 1.91)
  • GF Value™: €4.42 vs. price of €0.52 (88.2% below fair value)
  • GF Score™: 72/100 with 2 warning signs
  • Industry Position: 34.6% below the REITs median (#108 of 935)

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


FairPlay Properties REIT Business Description

Industry Real EstateREITs
Address 51B Cherni Vruh Boulevard, Sofia, BGR, 1407
FairPlay Properties REIT is a real estate investment trust. The company's portfolio consists of apartment complexes, hotels, commercial buildings, residential buildings, and offices among others. Some of its projects are Fodder Kitchen, Fodder Plant, Moderato Restaurant, Greenville Hotel and Apartment Houses, and others.
72GF Score

Get the complete analysis for XBUL:FPP

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

€0.52
Price
€4.42
GF Value