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Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Keel Infrastructure's annualizedNet Income for the quarter that ended in Mar. 2026 was $-581.4 Mil. Keel Infrastructure's average total tangible assets for the quarter that ended in Mar. 2026 was $1,178.5 Mil. Therefore, Keel Infrastructure's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -49.33%.
The historical rank and industry rank for Keel Infrastructure's Return-on-Tangible-Asset or its related term are showing as below:
KEEL'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -41.98 Med: -16.1 Max: 7.69
Current: -33.48
During the past 9 years, Keel Infrastructure's highest Return-on-Tangible-Asset was 7.69%. The lowest was -41.98%. And the median was -16.10%.
KEEL's Return-on-Tangible-Asset is ranked worse than 82.33% of 2892
companies
in the Software industry
Industry Median: 2.05
vs KEEL: -33.48
Keel Infrastructure (NAS:KEEL) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Keel Infrastructure Return-on-Tangible-Asset Related Terms
Keel Infrastructure Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Keel Infrastructure's Return-on-Tangible-Asset 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.
Keel Infrastructure Return-on-Tangible-Asset Chart
KEEL vs IBM, ACN, FISV: Return-on-Tangible-Asset Comparison
For the Information Technology Services subindustry, Keel Infrastructure's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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.
Keel Infrastructure Return-on-Tangible-Asset vs Software Industry
For the Software industry and Technology sector, Keel Infrastructure's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Keel Infrastructure's Return-on-Tangible-Asset falls into.
* 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 Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets 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.
What does a Return-on-Tangible-Asset of -49.33% mean?
Keel Infrastructure (KEEL) has a Return-on-Tangible-Asset of -49.33% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Keel Infrastructure and its competitors. According to the industry distribution chart, Keel Infrastructure ranks #2381 out of 2892 companies in the Software industry, placing it in the top 82.3%.
Is Keel Infrastructure's Return-on-Tangible-Asset too high?
Keel Infrastructure's current Return-on-Tangible-Asset is -49.33%. Based on the distribution chart, Keel Infrastructure ranks #2381 out of 2892 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Keel Infrastructure has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Keel Infrastructure's Return-on-Tangible-Asset compare to IBM and ACN?
According to the Software industry distribution chart, Keel Infrastructure ranks #2381 out of 2892 companies for Return-on-Tangible-Asset. This places Keel Infrastructure in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.05. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Asset for a Software company?
The median Return-on-Tangible-Asset among Software companies is 2.05, based on 2,892 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset 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 Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Keel Infrastructure and its competitors. For the Software industry, the median Return-on-Tangible-Asset is 2.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Keel Infrastructure's current Return-on-Tangible-Asset is -49.33%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Keel Infrastructure stock overvalued right now?
Based on GuruFocus' analysis, Keel Infrastructure (KEEL) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.87, compared to a current price of $4.20 — trading 124.6% above its estimated fair value. The current Return-on-Tangible-Asset is -49.33%. Keel Infrastructure's overall GF Score™ is 56/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Keel Infrastructure (KEEL), the current Return-on-Tangible-Asset is -49.33% 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 Keel Infrastructure (KEEL) Overvalued in 2026?
Based on GuruFocus' analysis, Keel Infrastructure stock appears to be overvalued.
The current stock price of $4.20 is trading 124.6% above its estimated GF Value™ of $1.87.
GuruFocus considers Keel Infrastructure to be Significantly Overvalued.
Key valuation signals for KEEL:
Return-on-Tangible-Asset: -49.33%
GF Value™: $1.87 vs. price of $4.20 (124.6% above fair value)
No single metric tells the full story. See the KEEL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Keel Infrastructure Corp is a North American digital infrastructure and energy company that develops and owns data centers and energy infrastructure for high-performance computing workloads, including AI. The group has a pipeline of 2.2 gigawatts and established grid interconnections already in place. It delivers scalable infrastructure solutions in high-demand power markets across Pennsylvania and Washington in the United States, and Quebec in Canada. It has data campuses in Moses Lake, Panther Creek, Sharon, Sherbrooke, and Scrubgrass.
56GF Score
Get the complete analysis for KEEL
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