Arena REITASX:ARF 85 5-Year Yield-on-Cost % is 7.87 as of Jul. 09, 2026, which is 27% above its 10-year median of 6.21. GuruFocus rates ASX:ARF with a GF Score™ of 85/100 and a GF Value™ of A$3.53 (Fairly Valued). The stock has 5 warning signs investors should review. Among 870 REITs companies, Arena REIT ranks better than 55.75% on this metric.
Arena REIT's yield on cost for the quarter that ended in Dec. 2025 was 7.87.
The historical rank and industry rank for Arena REIT's 5-Year Yield-on-Cost % or its related term are showing as below:
ASX:ARF'
s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 3.87 Med: 6.21 Max: 11.92
Current: 7.87
During the past 13 years, Arena REIT's highest Yield on Cost was 11.92. The lowest was 3.87. And the median was 6.21.
ASX:ARF's 5-Year Yield-on-Cost % is ranked better than 55.75% of 870
companies
in the REITs industry
Industry Median: 7.27
vs ASX:ARF: 7.87
Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.
Arena REIT 5-Year Yield-on-Cost % Related Terms
ASX:ARF vs EQIX, AMT, DLR: 5-Year Yield-on-Cost % Comparison
For the REIT - Specialty subindustry, Arena REIT's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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.
Arena REIT 5-Year Yield-on-Cost % vs REITs Industry
For the REITs industry and Real Estate sector, Arena REIT's 5-Year Yield-on-Cost % distribution charts can be found below:
* The bar in red indicates where Arena REIT's 5-Year Yield-on-Cost % falls into.
Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.
Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.
Therefore, Yield-on-Cost of Arena REIT is calculated as
Arena REIT (ASX:ARF) has a 5-Year Yield-on-Cost % of 7.87 as of Jul. 09, 2026. 5-Year Yield on Cost measures the expected yield based on a company's current yield and 5-year dividend growth. View historical data on Arena REIT and its competitors. This is 27% above median its historical median of 6.21. Over the past decade, Arena REIT's 5-Year Yield-on-Cost % has ranged from 3.87 to 11.92. According to the industry distribution chart, Arena REIT ranks #385 out of 870 companies in the REITs industry, placing it in the top 44.3%.
Is Arena REIT's 5-Year Yield-on-Cost % too high?
Arena REIT's current 5-Year Yield-on-Cost % of 7.87 is 27% above median its 10-year median of 6.21. Over the past 10 years, this metric has ranged from a low of 3.87 to a high of 11.92. The REITs industry median 5-Year Yield-on-Cost % is 7.27. Arena REIT's value of 7.87 is 8.3% above this industry median. Based on the distribution chart, Arena REIT ranks #385 out of 870 companies in the REITs industry, which is above the industry midpoint. Overall, Arena REIT has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Arena REIT's 5-Year Yield-on-Cost % compare to EQIX and AMT?
According to the REITs industry distribution chart, Arena REIT ranks #385 out of 870 companies for 5-Year Yield-on-Cost %. This puts Arena REIT in the upper half of its industry. The industry median 5-Year Yield-on-Cost % is 7.27. Arena REIT's value of 7.87 is 8.3% above this benchmark. Historically, Arena REIT's own 5-Year Yield-on-Cost % has ranged from 3.87 to 11.92 over the past decade. While the company's 10-year median is 6.21 vs. the industry median of 7.27, Arena REIT 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 5-Year Yield-on-Cost % for a REITs company?
The median 5-Year Yield-on-Cost % among REITs companies is 7.27, based on 870 companies in the industry. Companies in the top quartile (top 25%) have a 5-Year Yield-on-Cost % significantly above this median, while those in the bottom quartile fall well below. However, 5-Year Yield-on-Cost % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Arena REIT's current 5-Year Yield-on-Cost % of 7.87 is 8.3% 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 5-Year Yield-on-Cost % mean?
A high 5-Year Yield-on-Cost % can signal that a stock is expensive relative to its fundamentals. 5-Year Yield on Cost measures the expected yield based on a company's current yield and 5-year dividend growth. View historical data on Arena REIT and its competitors. For the REITs industry, the median 5-Year Yield-on-Cost % is 7.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Arena REIT's current 5-Year Yield-on-Cost % is 7.87, which is 27% above median its own 10-year median of 6.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arena REIT stock overvalued right now?
Based on GuruFocus' analysis, Arena REIT (ASX:ARF) is currently considered Fairly Valued. The stock's GF Value™ is A$3.53, compared to a current price of A$3.23 — trading 8.5% below its estimated fair value. The current 5-Year Yield-on-Cost % is 7.87, which is 27% above median its 10-year median of 6.21 and 8.3% above the REITs industry median of 7.27. Arena REIT's overall GF Score™ is 85/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 5-Year Yield-on-Cost % calculated?
5-Year Yield-on-Cost % is calculated from a company's financial statements. For Arena REIT (ASX:ARF), the current 5-Year Yield-on-Cost % is 7.87 as of Jul. 09, 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 Arena REIT (ASX:ARF) Overvalued in 2026?
Based on GuruFocus' analysis, Arena REIT stock appears to be undervalued.
The current stock price of A$3.23 is trading 8.5% below its estimated GF Value™ of A$3.53.
GuruFocus considers Arena REIT to be Fairly Valued.
Key valuation signals for ASX:ARF:
5-Year Yield-on-Cost %: 7.87 (27% above median its 10-year median of 6.21)
GF Value™: A$3.53 vs. price of A$3.23 (8.5% below fair value)
Industry Position: 8.3% above the REITs median (#385 of 870)
No single metric tells the full story. See the ASX:ARF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Arena REIT is an internally managed Australian property trust. The REIT specializes in leasing social infrastructure properties, with close to 300 childcare centers and about a dozen healthcare facilities in its portfolio. Typically, tenants enter into long-term leases with inflation-linked or fixed rental escalations every year. All leases are "triple net," meaning tenants pay for all statutory and operating outgoings and costs, such as land tax, insurance, electricity, and maintenance. The tenant profile is concentrated—almost three quarters of rents are generated from the top five tenants. Arena actively grows its property book through acquisitions and developments, and historically added on average 10 sites, net of divestments, per year.
85GF Score
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