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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.
Texton Property FundJSE:TEX 56 5-Year Yield-on-Cost % is 19.73 as of Jul. 26, 2026, which is 33% above its 10-year median of 14.89. GuruFocus rates JSE:TEX with a GF Score™ of 56/100 and a GF Value™ of R2.43 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 872 REITs companies, Texton Property Fund ranks better than 92.55% on this metric.
Texton Property Fund's yield on cost for the quarter that ended in Dec. 2025 was 19.73.
The historical rank and industry rank for Texton Property Fund's 5-Year Yield-on-Cost % or its related term are showing as below:
JSE:TEX'
s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.07 Med: 14.89 Max: 78.29
Current: 19.73
During the past 13 years, Texton Property Fund's highest Yield on Cost was 78.29. The lowest was 2.07. And the median was 14.89.
JSE:TEX's 5-Year Yield-on-Cost % is ranked better than 92.55% of 872
companies
in the REITs industry
Industry Median: 7.31
vs JSE:TEX: 19.73
Texton Property Fund (JSE:TEX) 5-Year Yield-on-Cost % Explanation
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.
Texton Property Fund 5-Year Yield-on-Cost % Related Terms
JSE:TEX vs BXP, ARE, VNO: 5-Year Yield-on-Cost % Comparison
For the REIT - Office subindustry, Texton Property Fund'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.
Texton Property Fund 5-Year Yield-on-Cost % vs REITs Industry
For the REITs industry and Real Estate sector, Texton Property Fund's 5-Year Yield-on-Cost % distribution charts can be found below:
* The bar in red indicates where Texton Property Fund's 5-Year Yield-on-Cost % falls into.
Texton Property Fund 5-Year Yield-on-Cost % Calculation
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.
Texton Property Fund (JSE:TEX) has a 5-Year Yield-on-Cost % of 19.73 as of Jul. 26, 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 Texton Property Fund and its competitors. This is 33% above median its historical median of 14.89. Over the past decade, Texton Property Fund's 5-Year Yield-on-Cost % has ranged from 2.07 to 78.29. According to the industry distribution chart, Texton Property Fund ranks #65 out of 872 companies in the REITs industry, placing it in the top 7.5%.
Is Texton Property Fund's 5-Year Yield-on-Cost % too high?
Texton Property Fund's current 5-Year Yield-on-Cost % of 19.73 is 33% above median its 10-year median of 14.89. Over the past 10 years, this metric has ranged from a low of 2.07 to a high of 78.29. The REITs industry median 5-Year Yield-on-Cost % is 7.31. Texton Property Fund's value of 19.73 is 169.9% above this industry median. Based on the distribution chart, Texton Property Fund ranks #65 out of 872 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Texton Property Fund has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Texton Property Fund's 5-Year Yield-on-Cost % compare to BXP and ARE?
According to the REITs industry distribution chart, Texton Property Fund ranks #65 out of 872 companies for 5-Year Yield-on-Cost %. This places Texton Property Fund in the top 8% of its industry — outperforming the majority of peers. The industry median 5-Year Yield-on-Cost % is 7.31. Texton Property Fund's value of 19.73 is 169.9% above this benchmark. Historically, Texton Property Fund's own 5-Year Yield-on-Cost % has ranged from 2.07 to 78.29 over the past decade. While the company's 10-year median is 14.89 vs. the industry median of 7.31, Texton Property Fund 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 7.31, based on 872 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. Texton Property Fund's current 5-Year Yield-on-Cost % of 19.73 is 169.9% 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 Texton Property Fund and its competitors. For the REITs industry, the median 5-Year Yield-on-Cost % is 7.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Texton Property Fund's current 5-Year Yield-on-Cost % is 19.73, which is 33% above median its own 10-year median of 14.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Texton Property Fund stock overvalued right now?
Based on GuruFocus' analysis, Texton Property Fund (JSE:TEX) is currently considered Significantly Overvalued. The stock's GF Value™ is R2.43, compared to a current price of R3.23 — trading 32.9% above its estimated fair value. The current 5-Year Yield-on-Cost % is 19.73, which is 33% above median its 10-year median of 14.89 and 169.9% above the REITs industry median of 7.31. Texton Property Fund's overall GF Score™ is 56/100 with 9 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 Texton Property Fund (JSE:TEX), the current 5-Year Yield-on-Cost % is 19.73 as of Jul. 26, 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 Texton Property Fund (JSE:TEX) Overvalued in 2026?
Based on GuruFocus' analysis, Texton Property Fund stock appears to be overvalued.
The current stock price of R3.23 is trading 32.9% above its estimated GF Value™ of R2.43.
GuruFocus considers Texton Property Fund to be Significantly Overvalued.
Key valuation signals for JSE:TEX:
5-Year Yield-on-Cost %: 19.73 (33% above median its 10-year median of 14.89)
GF Value™: R2.43 vs. price of R3.23 (32.9% above fair value)
Industry Position: 169.9% above the REITs median (#65 of 872)
No single metric tells the full story. See the JSE:TEX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Texton Property Fund Ltd is a Real Estate Investment Trust that provides shareholders with access to a diversified portfolio of direct and indirect global real estate investments. The portfolio aims to deliver long-term income and capital growth. The core objective is to deliver sustainable, risk-adjusted returns to stakeholders through disciplined capital allocation, strategic asset management, and value-driven investments. The Group has three reportable segments: SA direct property, which derives maximum revenue; UK direct property; and international investments. Direct property investments are split into office, retail, and industrial.
56GF Score
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