Kelso Group Holdings (LSE:KLSO) Return-on-Tangible-Asset: -9.54% (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

What is Kelso Group Holdings Return-on-Tangible-Asset?

Kelso Group Holdings LSE:KLSO +1.64% Return-on-Tangible-Asset is -9.54% as of Dec. 2025. The stock has 5 warning signs investors should review. Among 1,635 Asset Management companies, Kelso Group Holdings ranks worse than 83.3% 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. Kelso Group Holdings's annualized Net Income for the quarter that ended in Dec. 2025 was £-0.99 Mil. Kelso Group Holdings's average total tangible assets for the quarter that ended in Dec. 2025 was £10.38 Mil. Therefore, Kelso Group Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was -9.54%.

The historical rank and industry rank for Kelso Group Holdings's Return-on-Tangible-Asset or its related term are showing as below:

LSE:KLSO' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -90.91   Med: -23.36   Max: 36.28
Current: -5.49

During the past 7 years, Kelso Group Holdings's highest Return-on-Tangible-Asset was 36.28%. The lowest was -90.91%. And the median was -23.36%.

LSE:KLSO's Return-on-Tangible-Asset is ranked worse than
83.3% of 1635 companies
in the Asset Management industry
Industry Median: 4.23 vs LSE:KLSO: -5.49

Kelso Group Holdings  (LSE:KLSO) 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.


Kelso Group Holdings Return-on-Tangible-Asset Related Terms


Kelso Group Holdings Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Kelso Group Holdings'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.

Kelso Group Holdings Return-on-Tangible-Asset Chart

Kelso Group Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial -41.51 -59.83 36.28 -4.16 -5.21

Kelso Group Holdings Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 11.24 -14.41 5.05 -1.57 -9.54

LSE:KLSO vs BLK, BX, KKR: Return-on-Tangible-Asset Comparison

For the Asset Management subindustry, Kelso Group Holdings'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.


Kelso Group Holdings Return-on-Tangible-Asset vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Kelso Group Holdings's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Kelso Group Holdings's Return-on-Tangible-Asset falls into.



Kelso Group Holdings Return-on-Tangible-Asset Calculation

Kelso Group Holdings'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 )
=-0.573/( (10.541+11.459)/ 2 )
=-0.573/11
=-5.21 %

Kelso Group Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=-0.99/( (9.297+11.459)/ 2 )
=-0.99/10.378
=-9.54 %

* 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 two times the semi-annual (Dec. 2025) net income data.

What does a Return-on-Tangible-Asset of -9.54% mean?
Kelso Group Holdings (LSE:KLSO) has a Return-on-Tangible-Asset of -9.54% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Kelso Group Holdings and its competitors. According to the industry distribution chart, Kelso Group Holdings ranks #1362 out of 1635 companies in the Asset Management industry, placing it in the top 83.3%.
Is Kelso Group Holdings' Return-on-Tangible-Asset too high?
Kelso Group Holdings' current Return-on-Tangible-Asset is -9.54%. Based on the distribution chart, Kelso Group Holdings ranks #1362 out of 1635 companies in the Asset Management industry, which is in the bottom quartile relative to peers.
How does Kelso Group Holdings' Return-on-Tangible-Asset compare to BLK and BX?
According to the Asset Management industry distribution chart, Kelso Group Holdings ranks #1362 out of 1635 companies for Return-on-Tangible-Asset. This places Kelso Group Holdings in the lower half of its industry. The industry median Return-on-Tangible-Asset is 4.23. 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 an Asset Management company?
The median Return-on-Tangible-Asset among Asset Management companies is 4.23, based on 1,635 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 Kelso Group Holdings and its competitors. For the Asset Management industry, the median Return-on-Tangible-Asset is 4.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kelso Group Holdings's current Return-on-Tangible-Asset is -9.54%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kelso Group Holdings stock overvalued right now?
Kelso Group Holdings (LSE:KLSO) has a current Return-on-Tangible-Asset of -9.54%. The current Return-on-Tangible-Asset is -9.54%. 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 Kelso Group Holdings (LSE:KLSO), the current Return-on-Tangible-Asset is -9.54% as of Dec. 2025. 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.

Kelso Group Holdings Business Description

Address 27-28 Eastcastle Street, Eastcastle House, London, GBR, W1W 8DH
Kelso Group Holdings PLC is a United Kingdom-based holding company. The company seeks to identify, engage and unlock trapped value in UK listed companies. Through active engagement and alignment with other stakeholders, taking stakes directly, Kelso aims to effect change where existing shareholders are often unable or unwilling to do so themselves.