Afine Investments (JSE:ANI) 3-Year RORE % : -34.95% (As of Feb. 2026)

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Director of Data and Quant Analytics at GuruFocus
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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.

JSE:ANI Afine Investments Ltd JSE:ANI
64 GF Score
Price R5.00
GF Value R4.96
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Afine Investments 3-Year RORE %?

Afine Investments JSE:ANI 64 3-Year RORE % is -34.95 as of Feb. 2026. GuruFocus rates JSE:ANI with a GF Score™ of 64/100 and a GF Value™ of R4.96 (Fairly Valued). The stock has 3 warning signs investors should review. Among 839 REITs companies, Afine Investments ranks worse than 69.73% on this metric.

Return on Retained Earnings (RORE) is an indicator of a company's growth potential, it shows how much a company earns by reinvesting its retained earnings, i.e. profits after dividend payments. Afine Investments's 3-Year RORE % for the quarter that ended in Feb. 2026 was -34.95%.

The industry rank for Afine Investments's 3-Year RORE % or its related term are showing as below:

JSE:ANI's 3-Year RORE % is ranked worse than
69.73% of 839 companies
in the REITs industry
Industry Median: -0.22 vs JSE:ANI: -34.95

Afine Investments  (JSE:ANI) 3-Year RORE % Explanation

Return on Retained Earnings (RORE) is important to investors because it reveals a company's efficiency and growth potential. A higher RORE indicates a higher return. A high RORE indicates that the company should reinvest profits into the business. A lower RORE suggests that the company should distribute profits to shareholders by paying out dividends, since those dollars aren't generating much additional growth for the company.

There are a several different ways to arrive at the Return on Retained Earnings. The simplest way to calculate it is by using published information on Earnings per Share (EPS) and Dividend per Share (DPS) over a selected period. Here, 3-year period is chosen.

Be Aware

Please keep in mind that the RORE is relative to the nature of the business and its competitors. If another company in the same sector is producing a lower return on retained earnings, it doesn’t necessarily mean it’s a bad investment. It may just suggest the company is older and no longer in a high growth stage. At such a stage in the business cycle, it would be expected to see a lower RORE and higher dividend payout.


Afine Investments 3-Year RORE % Related Terms


Afine Investments 3-Year RORE % Historical Data

* Premium members only.

The historical data trend for Afine Investments's 3-Year RORE % 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.

Afine Investments 3-Year RORE % Chart

Afine Investments Annual Data
Trend Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
3-Year RORE %
Get a 7-Day Free Trial 0.00 0.00 -67.36 64.65 -34.95

Afine Investments Semi-Annual Data
Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
3-Year RORE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -67.36 -19.39 64.65 67.15 -34.95

JSE:ANI vs EQIX, AMT, DLR: 3-Year RORE % Comparison

For the REIT - Specialty subindustry, Afine Investments's 3-Year RORE %, along with its competitors' market caps and 3-Year RORE % 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.


Afine Investments 3-Year RORE % vs REITs Industry

For the REITs industry and Real Estate sector, Afine Investments's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Afine Investments's 3-Year RORE % falls into.


JSE:ANI
64GF Score
Afine Investments Ltd JSE:ANI
3-Year RORE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Afine Investments 3-Year RORE % Calculation

Afine Investments's 3-Year RORE % for the quarter that ended in Feb. 2026 is calculated as:

3-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 3-year -Cumulative Dividends per Share for 3-year )
=( 0.536-0.947 )/( 2.445-1.269 )
=-0.411/1.176
=-34.95 %

* 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 3-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Feb. 2026 and 3-year before.

Frequently Asked Questions Learn more about 3-Year RORE % →
What does a 3-Year RORE % of -34.95 mean?
Afine Investments (JSE:ANI) has a 3-Year RORE % of -34.95 as of Feb. 2026. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on Afine Investments and its competitors. According to the industry distribution chart, Afine Investments ranks #585 out of 839 companies in the REITs industry, placing it in the top 69.7%.
Is Afine Investments' 3-Year RORE % too high?
Afine Investments' current 3-Year RORE % is -34.95. Based on the distribution chart, Afine Investments ranks #585 out of 839 companies in the REITs industry, which is below the industry midpoint. Overall, Afine Investments has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Afine Investments' 3-Year RORE % compare to EQIX and AMT?
According to the REITs industry distribution chart, Afine Investments ranks #585 out of 839 companies for 3-Year RORE %. This places Afine Investments in the lower half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year RORE % for a REITs company?
A good 3-Year RORE % depends on the REITs industry context. However, 3-Year RORE % 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 3-Year RORE % mean?
A high 3-Year RORE % can signal that a stock is expensive relative to its fundamentals. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on Afine Investments and its competitors. Afine Investments's current 3-Year RORE % is -34.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Afine Investments stock overvalued right now?
Based on GuruFocus' analysis, Afine Investments (JSE:ANI) is currently considered Fairly Valued. The stock's GF Value™ is R4.96, compared to a current price of R5.00 — trading 0.8% above its estimated fair value. The current 3-Year RORE % is -34.95. Afine Investments' overall GF Score™ is 64/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year RORE % calculated?
3-Year RORE % is calculated from a company's financial statements. For Afine Investments (JSE:ANI), the current 3-Year RORE % is -34.95 as of Feb. 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 Afine Investments (JSE:ANI) Overvalued in 2026?

Based on GuruFocus' analysis, Afine Investments stock appears to be overvalued. The current stock price of R5.00 is trading 0.8% above its estimated GF Value™ of R4.96. GuruFocus considers Afine Investments to be Fairly Valued.

Key valuation signals for JSE:ANI:

  • 3-Year RORE %: -34.95
  • GF Value™: R4.96 vs. price of R5.00 (0.8% above fair value)
  • GF Score™: 64/100 with 3 warning signs

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


Afine Investments Business Description

Industry Real EstateREITs
Address Unit 4602, Greenways, Strand, Western Cape, ZAF, 7140
Afine Investments Ltd is a specialized commercial real estate. It holds a portfolio of income-generating immovable properties focused mainly on the petroleum sector. geographically company operates in Gauteng and North-West, Mpumalanga, and Western Cape Segment. Out of these geographical segments, the majority of revenue is generated from Gauteng and North-West.
64GF Score

Get the complete analysis for JSE:ANI

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

R5.00
Price
R4.96
GF Value