Boursa Kuwait Securities Co KPSC (KUW:BOURSA) Return-on-Tangible-Asset: 24.05% (As of Mar. 2026) — Near Median

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KUW:BOURSA Boursa Kuwait Securities Co KPSC KUW:BOURSA
100 GF Score
Price KWD2.88
GF Value KWD3.40
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Boursa Kuwait Securities Co KPSC Return-on-Tangible-Asset?

Boursa Kuwait Securities Co KPSC KUW:BOURSA -0.28% 100 Return-on-Tangible-Asset is 24.05% as of Mar. 2026, which is 2% below its 10-year median of 24.53. GuruFocus rates KUW:BOURSA with a GF Score™ of 100/100 and a GF Value™ of KWD3.40 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 818 Capital Markets companies, Boursa Kuwait Securities Co KPSC ranks better than 96.7% 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. Boursa Kuwait Securities Co KPSC's annualized Net Income for the quarter that ended in Mar. 2026 was KWD23.95 Mil. Boursa Kuwait Securities Co KPSC's average total tangible assets for the quarter that ended in Mar. 2026 was KWD99.57 Mil. Therefore, Boursa Kuwait Securities Co KPSC's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 24.05%.

The historical rank and industry rank for Boursa Kuwait Securities Co KPSC's Return-on-Tangible-Asset or its related term are showing as below:

KUW:BOURSA' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 9.37   Med: 24.53   Max: 52.27
Current: 28.33

During the past 8 years, Boursa Kuwait Securities Co KPSC's highest Return-on-Tangible-Asset was 52.27%. The lowest was 9.37%. And the median was 24.53%.

KUW:BOURSA's Return-on-Tangible-Asset is ranked better than
96.7% of 818 companies
in the Capital Markets industry
Industry Median: 1.55 vs KUW:BOURSA: 28.33

Boursa Kuwait Securities Co KPSC  (KUW:BOURSA) 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 company’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 company’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.


Boursa Kuwait Securities Co KPSC Return-on-Tangible-Asset Related Terms


Boursa Kuwait Securities Co KPSC Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Boursa Kuwait Securities Co KPSC'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.

Boursa Kuwait Securities Co KPSC Return-on-Tangible-Asset Chart

Boursa Kuwait Securities Co KPSC Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial 24.23 24.83 20.74 23.02 31.20

Boursa Kuwait Securities Co KPSC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 35.74 32.76 37.76 21.94 24.05

KUW:BOURSA vs SPGI, CME, ICE: Return-on-Tangible-Asset Comparison

For the Financial Data & Stock Exchanges subindustry, Boursa Kuwait Securities Co KPSC'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.


Boursa Kuwait Securities Co KPSC Return-on-Tangible-Asset vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Boursa Kuwait Securities Co KPSC's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Boursa Kuwait Securities Co KPSC's Return-on-Tangible-Asset falls into.


KUW:BOURSA
100GF Score
Boursa Kuwait Securities Co KPSC KUW:BOURSA
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Boursa Kuwait Securities Co KPSC Return-on-Tangible-Asset Calculation

Boursa Kuwait Securities Co KPSC's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=28.181/( (82.271+98.349)/ 2 )
=28.181/90.31
=31.20 %

Boursa Kuwait Securities Co KPSC's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=23.948/( (98.349+100.783)/ 2 )
=23.948/99.566
=24.05 %

* 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 24.05% mean?
Boursa Kuwait Securities Co KPSC (KUW:BOURSA) has a Return-on-Tangible-Asset of 24.05% 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 Boursa Kuwait Securities Co KPSC and its competitors. This is near median its historical median of 24.53. Over the past decade, Boursa Kuwait Securities Co KPSC's Return-on-Tangible-Asset has ranged from 9.37 to 52.27. According to the industry distribution chart, Boursa Kuwait Securities Co KPSC ranks #27 out of 818 companies in the Capital Markets industry, placing it in the top 3.3%.
Is Boursa Kuwait Securities Co KPSC's Return-on-Tangible-Asset too high?
Boursa Kuwait Securities Co KPSC's current Return-on-Tangible-Asset of 24.05% is near median its 10-year median of 24.53. Over the past 10 years, this metric has ranged from a low of 9.37 to a high of 52.27. The Capital Markets industry median Return-on-Tangible-Asset is 1.55. Boursa Kuwait Securities Co KPSC's value of 24.05% is 1451.6% above this industry median. Based on the distribution chart, Boursa Kuwait Securities Co KPSC ranks #27 out of 818 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Boursa Kuwait Securities Co KPSC has a GF Score™ of 100/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Boursa Kuwait Securities Co KPSC's Return-on-Tangible-Asset compare to SPGI and CME?
According to the Capital Markets industry distribution chart, Boursa Kuwait Securities Co KPSC ranks #27 out of 818 companies for Return-on-Tangible-Asset. This places Boursa Kuwait Securities Co KPSC in the top 3% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 1.55. Boursa Kuwait Securities Co KPSC's value of 24.05% is 1451.6% above this benchmark. Historically, Boursa Kuwait Securities Co KPSC's own Return-on-Tangible-Asset has ranged from 9.37 to 52.27 over the past decade. While the company's 10-year median is 24.53 vs. the industry median of 1.55, Boursa Kuwait Securities Co KPSC 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 Return-on-Tangible-Asset for a Capital Markets company?
The median Return-on-Tangible-Asset among Capital Markets companies is 1.55, based on 818 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. Boursa Kuwait Securities Co KPSC's current Return-on-Tangible-Asset of 24.05% is 1451.6% 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 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 Boursa Kuwait Securities Co KPSC and its competitors. For the Capital Markets industry, the median Return-on-Tangible-Asset is 1.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Boursa Kuwait Securities Co KPSC's current Return-on-Tangible-Asset is 24.05%, which is near median its own 10-year median of 24.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Boursa Kuwait Securities Co KPSC stock overvalued right now?
Based on GuruFocus' analysis, Boursa Kuwait Securities Co KPSC (KUW:BOURSA) is currently considered Modestly Undervalued. The stock's GF Value™ is KWD3.40, compared to a current price of KWD2.88 — trading 15.3% below its estimated fair value. The current Return-on-Tangible-Asset is 24.05%, which is near median its 10-year median of 24.53 and 1451.6% above the Capital Markets industry median of 1.55. Boursa Kuwait Securities Co KPSC's overall GF Score™ is 100/100 with 1 warning sign 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 Boursa Kuwait Securities Co KPSC (KUW:BOURSA), the current Return-on-Tangible-Asset is 24.05% 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 Boursa Kuwait Securities Co KPSC (KUW:BOURSA) Overvalued in 2026?

Based on GuruFocus' analysis, Boursa Kuwait Securities Co KPSC stock appears to be undervalued. The current stock price of KWD2.88 is trading 15.3% below its estimated GF Value™ of KWD3.40. GuruFocus considers Boursa Kuwait Securities Co KPSC to be Modestly Undervalued.

Key valuation signals for KUW:BOURSA:

  • Return-on-Tangible-Asset: 24.05% (near median its 10-year median of 24.53)
  • GF Value™: KWD3.40 vs. price of KWD2.88 (15.3% below fair value)
  • GF Score™: 100/100 with 1 warning sign
  • Industry Position: 1451.6% above the Capital Markets median (#27 of 818)

No single metric tells the full story. See the KUW:BOURSA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Boursa Kuwait Securities Co KPSC Business Description

Address Dasman, P.O.Box 1027, Kuwait City, KWT, 15461
Boursa Kuwait Securities Co KPSC operates as a financial exchange and clearing house in Kuwait. The company also provides securities-related services to participants in the financial sector. Its segments includes securities exchange and clearing, out of which the majority is from the securities exchange.
100GF Score

Get the complete analysis for KUW:BOURSA

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

KWD2.88
Price
KWD3.40
GF Value