Kb Star REIT Co (XKRX:432320) ROE %: 4.35% (As of Apr. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XKRX:432320 Kb Star REIT Co Ltd XKRX:432320
35 GF Score
Price ₩1,588.00
GF Value ₩3,788.72
Valuation Possible Value Trap
! 8 Warning Signs
View Full Analysis

What is Kb Star REIT Co ROE %?

Kb Star REIT Co XKRX:432320 +0.44% 35 ROE % is 4.35% as of Apr. 2026. GuruFocus rates XKRX:432320 with a GF Score™ of 35/100 and a GF Value™ of ₩3,788.72 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 924 REITs companies, Kb Star REIT Co ranks worse than 72.73% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Kb Star REIT Co's annualized net income for the quarter that ended in Apr. 2026 was ₩10,296 Mil. Kb Star REIT Co's average Total Stockholders Equity over the quarter that ended in Apr. 2026 was ₩236,599 Mil. Therefore, Kb Star REIT Co's annualized ROE % for the quarter that ended in Apr. 2026 was 4.35%.

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

XKRX:432320' s ROE % Range Over the Past 10 Years
Min: -13.41   Med: -3.38   Max: 10.56
Current: 1.97

During the past 5 years, Kb Star REIT Co's highest ROE % was 10.56%. The lowest was -13.41%. And the median was -3.38%.

XKRX:432320's ROE % is ranked worse than
72.73% of 924 companies
in the REITs industry
Industry Median: 6.135 vs XKRX:432320: 1.97

Kb Star REIT Co  (XKRX:432320) 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: Apr. 2026 )
=Net Income/Total Stockholders Equity
=10296.032/236598.502
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(10296.032 / 65325.752)*(65325.752 / 1149286.6855)*(1149286.6855 / 236598.502)
=Net Margin %*Asset Turnover*Equity Multiplier
=15.76 %*0.0568*4.8575
=ROA %*Equity Multiplier
=0.9 %*4.8575
=4.35 %

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: Apr. 2026 )
=Net Income/Total Stockholders Equity
=10296.032/236598.502
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (10296.032 / 10296.032) * (10296.032 / 39833.364) * (39833.364 / 65325.752) * (65325.752 / 1149286.6855) * (1149286.6855 / 236598.502)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 0.2585 * 60.98 % * 0.0568 * 4.8575
=4.35 %

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


Kb Star REIT Co ROE % Related Terms


Kb Star REIT Co ROE % Historical Data

* Premium members only.

The historical data trend for Kb Star REIT Co'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.

Kb Star REIT Co ROE % Chart

Kb Star REIT Co Annual Data
Trend Jun22 Jan23 Jan24 Jan25 Jan26
ROE %
-13.41 -3.38 10.56 4.54 -7.28

Kb Star REIT Co Quarterly Data
Mar22 Jun22 Sep22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 3.41 0.00 4.96 0.00 4.35

XKRX:432320 vs BXP, ARE, VNO: ROE % Comparison

For the REIT - Office subindustry, Kb Star REIT Co'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.


Kb Star REIT Co ROE % vs REITs Industry

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

* The bar in red indicates where Kb Star REIT Co's ROE % falls into.


XKRX:432320
35GF Score
Kb Star REIT Co Ltd XKRX:432320
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kb Star REIT Co ROE % Calculation

Kb Star REIT Co's annualized ROE % for the fiscal year that ended in Jan. 2026 is calculated as

ROE %=Net Income (A: Jan. 2026 )/( (Total Stockholders Equity (A: Jan. 2025 )+Total Stockholders Equity (A: Jan. 2026 ))/ count )
=-21061.961/( (382547.438+195777.417)/ 2 )
=-21061.961/289162.4275
=-7.28 %

Kb Star REIT Co's annualized ROE % for the quarter that ended in Apr. 2026 is calculated as

ROE %=Net Income (Q: Apr. 2026 )/( (Total Stockholders Equity (Q: Jan. 2026 )+Total Stockholders Equity (Q: Apr. 2026 ))/ count )
=10296.032/( (195777.417+277419.587)/ 2 )
=10296.032/236598.502
=4.35 %

* 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 (Apr. 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 4.35% mean?
Kb Star REIT Co (XKRX:432320) has a ROE % of 4.35% as of Apr. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Kb Star REIT Co and its competitors. According to the industry distribution chart, Kb Star REIT Co ranks #672 out of 924 companies in the REITs industry, placing it in the top 72.7%.
Is Kb Star REIT Co's ROE % too high?
Kb Star REIT Co's current ROE % is 4.35%. The REITs industry median ROE % is 6.14. Kb Star REIT Co's value of 4.35% is 29.1% below this industry median. Based on the distribution chart, Kb Star REIT Co ranks #672 out of 924 companies in the REITs industry, which is below the industry midpoint. Overall, Kb Star REIT Co has a GF Score™ of 35/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Kb Star REIT Co's ROE % compare to BXP and ARE?
According to the REITs industry distribution chart, Kb Star REIT Co ranks #672 out of 924 companies for ROE %. This places Kb Star REIT Co in the lower half of its industry. The industry median ROE % is 6.14. Kb Star REIT Co's value of 4.35% is 29.1% below this benchmark. 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 6.14, based on 924 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. Kb Star REIT Co's current ROE % of 4.35% is 29.1% 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 Kb Star REIT Co and its competitors. For the REITs industry, the median ROE % is 6.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kb Star REIT Co's current ROE % is 4.35%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kb Star REIT Co stock overvalued right now?
Based on GuruFocus' analysis, Kb Star REIT Co (XKRX:432320) is currently considered Possible Value Trap. The stock's GF Value™ is ₩3,788.72, compared to a current price of ₩1,588.00 — trading 58.1% below its estimated fair value. The current ROE % is 4.35% and 29.1% below the REITs industry median of 6.14. Kb Star REIT Co's overall GF Score™ is 35/100 with 8 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 Kb Star REIT Co (XKRX:432320), the current ROE % is 4.35% as of Apr. 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 Kb Star REIT Co (XKRX:432320) Overvalued in 2026?

Based on GuruFocus' analysis, Kb Star REIT Co stock appears to be undervalued. The current stock price of ₩1,588.00 is trading 58.1% below its estimated GF Value™ of ₩3,788.72. GuruFocus considers Kb Star REIT Co to be Possible Value Trap.

Key valuation signals for XKRX:432320:

  • ROE %: 4.35%
  • GF Value™: ₩3,788.72 vs. price of ₩1,588.00 (58.1% below fair value)
  • GF Score™: 35/100 with 8 warning signs
  • Industry Position: 29.1% below the REITs median (#672 of 924)

No single metric tells the full story. See the XKRX:432320 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kb Star REIT Co Business Description

Industry Real EstateREITs
Address 10, Gukjegeumyung-ro, 40th Floor, 41th Floor, Three IFC, Yeongdeungpo-gu, Seoul, KOR, 07326
Kb Star REIT Co Ltd is a publicly traded REITs operating on a going concern basis with base assets including the Galaxy Tower in Belgium and Samsung's Europe HQ in the UK.
35GF Score

Get the complete analysis for XKRX:432320

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

₩1,588.00
Price
₩3,788.72
GF Value