Blue Square Real Estate (XTAE:BLSR) ROE %: 10.86% (As of Mar. 2026) — 31% Below Median

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XTAE:BLSR Blue Square Real Estate Ltd XTAE:BLSR
76 GF Score
Price ₪313.00
GF Value ₪247.49
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Blue Square Real Estate ROE %?

Blue Square Real Estate XTAE:BLSR -3.16% 76 ROE % is 10.86% as of Mar. 2026, which is 31% below its 10-year median of 15.84. GuruFocus rates XTAE:BLSR with a GF Score™ of 76/100 and a GF Value™ of ₪247.49 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 1,734 Real Estate companies, Blue Square Real Estate ranks better than 90.37% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Blue Square Real Estate's annualized net income for the quarter that ended in Mar. 2026 was ₪461.5 Mil. Blue Square Real Estate's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₪4,248.4 Mil. Therefore, Blue Square Real Estate's annualized ROE % for the quarter that ended in Mar. 2026 was 10.86%.

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

XTAE:BLSR' s ROE % Range Over the Past 10 Years
Min: 6.34   Med: 15.84   Max: 22.62
Current: 19.55

During the past 13 years, Blue Square Real Estate's highest ROE % was 22.62%. The lowest was 6.34%. And the median was 15.84%.

XTAE:BLSR's ROE % is ranked better than
90.37% of 1734 companies
in the Real Estate industry
Industry Median: 4.015 vs XTAE:BLSR: 19.55

Blue Square Real Estate  (XTAE:BLSR) 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
=461.452/4248.4155
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(461.452 / 576.524)*(576.524 / 12319.1775)*(12319.1775 / 4248.4155)
=Net Margin %*Asset Turnover*Equity Multiplier
=80.04 %*0.0468*2.8997
=ROA %*Equity Multiplier
=3.75 %*2.8997
=10.86 %

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
=461.452/4248.4155
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (461.452 / 606.476) * (606.476 / 341.296) * (341.296 / 576.524) * (576.524 / 12319.1775) * (12319.1775 / 4248.4155)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7609 * 1.777 * 59.2 % * 0.0468 * 2.8997
=10.86 %

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.


Blue Square Real Estate ROE % Related Terms


Blue Square Real Estate ROE % Historical Data

* Premium members only.

The historical data trend for Blue Square 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.

Blue Square Real Estate ROE % Chart

Blue Square Real Estate 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 22.62 10.36 19.51 17.88 18.91

Blue Square Real Estate 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 8.15 30.93 17.21 19.60 10.86

XTAE:BLSR vs CBRE, BEKE, JLL: ROE % Comparison

For the Real Estate Services subindustry, Blue Square 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.


Blue Square Real Estate ROE % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Blue Square Real Estate's ROE % distribution charts can be found below:

* The bar in red indicates where Blue Square Real Estate's ROE % falls into.


XTAE:BLSR
76GF Score
Blue Square Real Estate Ltd XTAE:BLSR
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Blue Square Real Estate ROE % Calculation

Blue Square Real Estate'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 )
=763.853/( (3837.779+4240.734)/ 2 )
=763.853/4039.2565
=18.91 %

Blue Square Real Estate'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 )
=461.452/( (4240.734+4256.097)/ 2 )
=461.452/4248.4155
=10.86 %

* 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 10.86% mean?
Blue Square Real Estate (XTAE:BLSR) has a ROE % of 10.86% 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 Blue Square Real Estate and its competitors. This is 31% below median its historical median of 15.84. Over the past decade, Blue Square Real Estate's ROE % has ranged from 6.34 to 22.62. According to the industry distribution chart, Blue Square Real Estate ranks #167 out of 1734 companies in the Real Estate industry, placing it in the top 9.6%.
Is Blue Square Real Estate's ROE % too high?
Blue Square Real Estate's current ROE % of 10.86% is 31% below median its 10-year median of 15.84. Over the past 10 years, this metric has ranged from a low of 6.34 to a high of 22.62. The Real Estate industry median ROE % is 4.02. Blue Square Real Estate's value of 10.86% is 170.5% above this industry median. Based on the distribution chart, Blue Square Real Estate ranks #167 out of 1734 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Blue Square Real Estate has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Blue Square Real Estate's ROE % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Blue Square Real Estate ranks #167 out of 1734 companies for ROE %. This places Blue Square Real Estate in the top 10% of its industry — outperforming the majority of peers. The industry median ROE % is 4.02. Blue Square Real Estate's value of 10.86% is 170.5% above this benchmark. Historically, Blue Square Real Estate's own ROE % has ranged from 6.34 to 22.62 over the past decade. While the company's 10-year median is 15.84 vs. the industry median of 4.02, Blue Square 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 4.02, based on 1,734 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. Blue Square Real Estate's current ROE % of 10.86% is 170.5% 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 Blue Square Real Estate and its competitors. For the Real Estate industry, the median ROE % is 4.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Blue Square Real Estate's current ROE % is 10.86%, which is 31% below median its own 10-year median of 15.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blue Square Real Estate stock overvalued right now?
Based on GuruFocus' analysis, Blue Square Real Estate (XTAE:BLSR) is currently considered Modestly Overvalued. The stock's GF Value™ is ₪247.49, compared to a current price of ₪313.00 — trading 26.5% above its estimated fair value. The current ROE % is 10.86%, which is 31% below median its 10-year median of 15.84 and 170.5% above the Real Estate industry median of 4.02. Blue Square Real Estate's overall GF Score™ is 76/100 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 Blue Square Real Estate (XTAE:BLSR), the current ROE % is 10.86% 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 Blue Square Real Estate (XTAE:BLSR) Overvalued in 2026?

Based on GuruFocus' analysis, Blue Square Real Estate stock appears to be overvalued. The current stock price of ₪313.00 is trading 26.5% above its estimated GF Value™ of ₪247.49. GuruFocus considers Blue Square Real Estate to be Modestly Overvalued.

Key valuation signals for XTAE:BLSR:

  • ROE %: 10.86% (31% below median its 10-year median of 15.84)
  • GF Value™: ₪247.49 vs. price of ₪313.00 (26.5% above fair value)
  • GF Score™: 76/100 with 8 warning signs
  • Industry Position: 170.5% above the Real Estate median (#167 of 1734)

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


Blue Square Real Estate Business Description

Address 132 Menachem Begin Road, 18th Floor, Azrieli Towers, Round Tower, Tel Aviv, ISR, 60972
Blue Square Real Estate Ltd is engaged in the development and rental of real estate properties. The company is engaged in innovation, development, and the improvement of commercial properties, shopping malls, logistics centers, and office towers. The company also undertakes residential, mixed-use, and urban renewal projects in high-demand regions.
76GF Score

Get the complete analysis for XTAE:BLSR

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

₪313.00
Price
₪247.49
GF Value