Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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.
Kelly ServicesKELYB 67 Return-on-Tangible-Asset is -1.30% as of Mar. 2026. GuruFocus rates KELYB with a GF Score™ of 67/100 and a GF Value™ of $24.00 (Fairly Valued). The stock has 11 warning signs investors should review. Among 1,096 Business Services companies, Kelly Services ranks worse than 89.14% 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. Kelly Services's annualizedNet Income for the quarter that ended in Mar. 2026 was $-24 Mil. Kelly Services's average total tangible assets for the quarter that ended in Mar. 2026 was $1,819 Mil. Therefore, Kelly Services's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -1.30%.
The historical rank and industry rank for Kelly Services's Return-on-Tangible-Asset or its related term are showing as below:
KELYB'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -13.84 Med: 1.3 Max: 6.38
Current: -13.84
During the past 13 years, Kelly Services's highest Return-on-Tangible-Asset was 6.38%. The lowest was -13.84%. And the median was 1.30%.
KELYB's Return-on-Tangible-Asset is ranked worse than 89.14% of 1096
companies
in the Business Services industry
Industry Median: 3.955
vs KELYB: -13.84
Kelly Services (NAS:KELYB) 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.
Kelly Services Return-on-Tangible-Asset Related Terms
Kelly Services Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Kelly Services'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.
KELYB vs TBI, HQI, MHH: Return-on-Tangible-Asset Comparison
For the Staffing & Employment Services subindustry, Kelly Services'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.
Kelly Services Return-on-Tangible-Asset vs Business Services Industry
For the Business Services industry and Industrials sector, Kelly Services's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Kelly Services'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 -1.30% mean?
Kelly Services (KELYB) has a Return-on-Tangible-Asset of -1.30% 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 Kelly Services and its competitors. According to the industry distribution chart, Kelly Services ranks #977 out of 1096 companies in the Business Services industry, placing it in the top 89.1%.
Is Kelly Services' Return-on-Tangible-Asset too high?
Kelly Services' current Return-on-Tangible-Asset is -1.30%. Based on the distribution chart, Kelly Services ranks #977 out of 1096 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Kelly Services has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kelly Services' Return-on-Tangible-Asset compare to TBI and HQI?
According to the Business Services industry distribution chart, Kelly Services ranks #977 out of 1096 companies for Return-on-Tangible-Asset. This places Kelly Services in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.96. 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 Business Services company?
The median Return-on-Tangible-Asset among Business Services companies is 3.96, based on 1,096 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 Kelly Services and its competitors. For the Business Services industry, the median Return-on-Tangible-Asset is 3.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kelly Services's current Return-on-Tangible-Asset is -1.30%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kelly Services stock overvalued right now?
Based on GuruFocus' analysis, Kelly Services (KELYB) is currently considered Fairly Valued. The stock's GF Value™ is $24.00, compared to a current price of $23.85 — trading 0.6% below its estimated fair value. The current Return-on-Tangible-Asset is -1.30%. Kelly Services' overall GF Score™ is 67/100 with 11 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 Kelly Services (KELYB), the current Return-on-Tangible-Asset is -1.30% 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 Kelly Services (KELYB) Overvalued in 2026?
Based on GuruFocus' analysis, Kelly Services stock appears to be undervalued.
The current stock price of $23.85 is trading 0.6% below its estimated GF Value™ of $24.00.
GuruFocus considers Kelly Services to be Fairly Valued.
Key valuation signals for KELYB:
Return-on-Tangible-Asset: -1.30%
GF Value™: $24.00 vs. price of $23.85 (0.6% below fair value)
No single metric tells the full story. See the KELYB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kelly Services Inc is a specialty talent solutions company. The company operates through three reportable segments: i) Enterprise Talent Management, which provides temporary staffing, outsourcing, and permanent placement services across industrial, contact center, and clerical roles, ii) Science, Engineering & Technology, which supplies specialized talent across multiple industries, and iii) Education, which delivers staffing, placement, and executive search services to Pre-K-12 school districts and education organizations in the United States. The majority of the company's revenue is derived from the Enterprise Talent Management segment. Geographically, it generates the maximum revenue from the United States, followed by Europe and the Asia-Pacific Region.
67GF Score
Get the complete analysis for KELYB
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
KELYB has been successfully added to your 
