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Keisei Electric Railway CoKELRF 73 Return-on-Tangible-Asset is 1.95% as of Mar. 2026, which is 55% below its 10-year median of 4.36. GuruFocus rates KELRF with a GF Scoreâ„¢ of 73/100 and a GF Valueâ„¢ of $12.19 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,009 Transportation companies, Keisei Electric Railway Co ranks better than 55.2% on this metric.
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. Keisei Electric Railway Co's annualizedNet Income for the quarter that ended in Mar. 2026 was $143 Mil. Keisei Electric Railway Co's average total tangible assets for the quarter that ended in Mar. 2026 was $7,316 Mil. Therefore, Keisei Electric Railway Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 1.95%.
The historical rank and industry rank for Keisei Electric Railway Co's Return-on-Tangible-Asset or its related term are showing as below:
KELRF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -3.4 Med: 4.36 Max: 8.75
Current: 4.32
During the past 13 years, Keisei Electric Railway Co's highest Return-on-Tangible-Asset was 8.75%. The lowest was -3.40%. And the median was 4.36%.
KELRF's Return-on-Tangible-Asset is ranked better than 55.2% of 1009
companies
in the Transportation industry
Industry Median: 3.78
vs KELRF: 4.32
Keisei Electric Railway Co (OTCPK:KELRF) 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 companyÂ’s 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 companyÂ’s 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.
Keisei Electric Railway Co Return-on-Tangible-Asset Related Terms
Keisei Electric Railway Co Return-on-Tangible-Asset Historical Data
* 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.
Keisei Electric Railway Co Return-on-Tangible-Asset Chart
KELRF vs UNP, CSX, NSC: Return-on-Tangible-Asset Comparison
For the Railroads subindustry, Keisei Electric Railway Co'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.
Keisei Electric Railway Co Return-on-Tangible-Asset vs Transportation Industry
For the Transportation industry and Industrials sector, Keisei Electric Railway Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Keisei Electric Railway Co'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 1.95% mean?
Keisei Electric Railway Co (KELRF) has a Return-on-Tangible-Asset of 1.95% 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 Keisei Electric Railway Co and its competitors. This is 55% below median its historical median of 4.36. According to the industry distribution chart, Keisei Electric Railway Co ranks #452 out of 1009 companies in the Transportation industry, placing it in the top 44.8%.
Is Keisei Electric Railway Co's Return-on-Tangible-Asset too high?
Keisei Electric Railway Co's current Return-on-Tangible-Asset of 1.95% is 55% below median its 10-year median of 4.36. The Transportation industry median Return-on-Tangible-Asset is 3.78. Keisei Electric Railway Co's value of 1.95% is 48.4% below this industry median. Based on the distribution chart, Keisei Electric Railway Co ranks #452 out of 1009 companies in the Transportation industry, which is above the industry midpoint. Overall, Keisei Electric Railway Co has a GF Scoreâ„¢ of 73/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Keisei Electric Railway Co's Return-on-Tangible-Asset compare to UNP and CSX?
According to the Transportation industry distribution chart, Keisei Electric Railway Co ranks #452 out of 1009 companies for Return-on-Tangible-Asset. This puts Keisei Electric Railway Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.78. Keisei Electric Railway Co's value of 1.95% is 48.4% below this benchmark. While the company's 10-year median is 4.36 vs. the industry median of 3.78, Keisei Electric Railway Co has consistently been below 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 Return-on-Tangible-Asset for a Transportation company?
The median Return-on-Tangible-Asset among Transportation companies is 3.78, based on 1,009 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. Keisei Electric Railway Co's current Return-on-Tangible-Asset of 1.95% is 48.4% below 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 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 Keisei Electric Railway Co and its competitors. For the Transportation industry, the median Return-on-Tangible-Asset is 3.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Keisei Electric Railway Co's current Return-on-Tangible-Asset is 1.95%, which is 55% below median its own 10-year median of 4.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Keisei Electric Railway Co stock overvalued right now?
Based on GuruFocus' analysis, Keisei Electric Railway Co (KELRF) is currently considered Possible Value Trap. The stock's GF Value™ is $12.19, compared to a current price of $6.27 — trading 48.6% below its estimated fair value. The current Return-on-Tangible-Asset is 1.95%, which is 55% below median its 10-year median of 4.36 and 48.4% below the Transportation industry median of 3.78. Keisei Electric Railway Co's overall GF Score™ is 73/100 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 Keisei Electric Railway Co (KELRF), the current Return-on-Tangible-Asset is 1.95% 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 Keisei Electric Railway Co (KELRF) Overvalued in 2026?
Based on GuruFocus' analysis, Keisei Electric Railway Co stock appears to be undervalued.
The current stock price of $6.27 is trading 48.6% below its estimated GF Value™ of $12.19.
GuruFocus considers Keisei Electric Railway Co to be Possible Value Trap.
Key valuation signals for KELRF:
Return-on-Tangible-Asset: 1.95% (55% below median its 10-year median of 4.36)
GF Value™: $12.19 vs. price of $6.27 (48.6% below fair value)
Industry Position: 48.4% below the Transportation median (#452 of 1009)
No single metric tells the full story. See the KELRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Keisei Electric Railway Co Ltd is a Japanese company that operates railways in Japan. The company's three segments are transportation, distribution, and real estate management. The transportation segment offers passenger transportation services by rail, bus, and taxi, and it contributes the majority of revenue. The distribution segment is engaged in operating department stores, shopping centers, and other retail stores. The company derives revenue from real estate activities such as leasing and selling its properties. It also generates additional revenue from activities ranging from real estate construction, operation of restaurants, hotels, and leisure sites to car maintenance services.
73GF Score
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