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.
Liberty Kenya HoldingsNAI:LBTY -3.37%69 Return-on-Tangible-Asset is 1.00% as of Dec. 2025, which is 41% below its 10-year median of 1.69. GuruFocus rates NAI:LBTY with a GF Score™ of 69/100 and a GF Value™ of KES8.66 (Fairly Valued). The stock has 5 warning signs investors should review. Among 506 Insurance companies, Liberty Kenya Holdings ranks worse than 72.13% 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. Liberty Kenya Holdings's annualizedNet Income for the quarter that ended in Dec. 2025 was KES456 Mil. Liberty Kenya Holdings's average total tangible assets for the quarter that ended in Dec. 2025 was KES45,818 Mil. Therefore, Liberty Kenya Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 1.00%.
The historical rank and industry rank for Liberty Kenya Holdings's Return-on-Tangible-Asset or its related term are showing as below:
NAI:LBTY'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.21 Med: 1.69 Max: 3.12
Current: 1
During the past 13 years, Liberty Kenya Holdings's highest Return-on-Tangible-Asset was 3.12%. The lowest was 0.21%. And the median was 1.69%.
NAI:LBTY's Return-on-Tangible-Asset is ranked worse than 72.13% of 506
companies
in the Insurance industry
Industry Median: 2.77
vs NAI:LBTY: 1.00
Liberty Kenya Holdings (NAI:LBTY) 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.
Liberty Kenya Holdings Return-on-Tangible-Asset Related Terms
Liberty Kenya Holdings Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Liberty Kenya 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.
Liberty Kenya Holdings Return-on-Tangible-Asset Chart
NAI:LBTY vs BRK.A, AIG, HIG: Return-on-Tangible-Asset Comparison
For the Insurance - Diversified subindustry, Liberty Kenya 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.
Liberty Kenya Holdings Return-on-Tangible-Asset vs Insurance Industry
For the Insurance industry and Financial Services sector, Liberty Kenya Holdings's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Liberty Kenya Holdings'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 one times the annual (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 1.00% mean?
Liberty Kenya Holdings (NAI:LBTY) has a Return-on-Tangible-Asset of 1.00% 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 Liberty Kenya Holdings and its competitors. This is 41% below median its historical median of 1.69. Over the past decade, Liberty Kenya Holdings' Return-on-Tangible-Asset has ranged from 0.21 to 3.12. According to the industry distribution chart, Liberty Kenya Holdings ranks #365 out of 506 companies in the Insurance industry, placing it in the top 72.1%.
Is Liberty Kenya Holdings' Return-on-Tangible-Asset too high?
Liberty Kenya Holdings' current Return-on-Tangible-Asset of 1.00% is 41% below median its 10-year median of 1.69. Over the past 10 years, this metric has ranged from a low of 0.21 to a high of 3.12. The Insurance industry median Return-on-Tangible-Asset is 2.77. Liberty Kenya Holdings' value of 1.00% is 63.9% below this industry median. Based on the distribution chart, Liberty Kenya Holdings ranks #365 out of 506 companies in the Insurance industry, which is below the industry midpoint. Overall, Liberty Kenya Holdings has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Liberty Kenya Holdings' Return-on-Tangible-Asset compare to BRK.A and AIG?
According to the Insurance industry distribution chart, Liberty Kenya Holdings ranks #365 out of 506 companies for Return-on-Tangible-Asset. This places Liberty Kenya Holdings in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.77. Liberty Kenya Holdings' value of 1.00% is 63.9% below this benchmark. Historically, Liberty Kenya Holdings' own Return-on-Tangible-Asset has ranged from 0.21 to 3.12 over the past decade. While the company's 10-year median is 1.69 vs. the industry median of 2.77, Liberty Kenya Holdings 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 an Insurance company?
The median Return-on-Tangible-Asset among Insurance companies is 2.77, based on 506 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. Liberty Kenya Holdings's current Return-on-Tangible-Asset of 1.00% is 63.9% 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 Liberty Kenya Holdings and its competitors. For the Insurance industry, the median Return-on-Tangible-Asset is 2.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Liberty Kenya Holdings's current Return-on-Tangible-Asset is 1.00%, which is 41% below median its own 10-year median of 1.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Liberty Kenya Holdings stock overvalued right now?
Based on GuruFocus' analysis, Liberty Kenya Holdings (NAI:LBTY) is currently considered Fairly Valued. The stock's GF Value™ is KES8.66, compared to a current price of KES9.18 — trading 6% above its estimated fair value. The current Return-on-Tangible-Asset is 1.00%, which is 41% below median its 10-year median of 1.69 and 63.9% below the Insurance industry median of 2.77. Liberty Kenya Holdings' overall GF Score™ is 69/100 with 5 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 Liberty Kenya Holdings (NAI:LBTY), the current Return-on-Tangible-Asset is 1.00% 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.
Is Liberty Kenya Holdings (NAI:LBTY) Overvalued in 2026?
Based on GuruFocus' analysis, Liberty Kenya Holdings stock appears to be overvalued.
The current stock price of KES9.18 is trading 6% above its estimated GF Value™ of KES8.66.
GuruFocus considers Liberty Kenya Holdings to be Fairly Valued.
Key valuation signals for NAI:LBTY:
Return-on-Tangible-Asset: 1.00% (41% below median its 10-year median of 1.69)
GF Value™: KES8.66 vs. price of KES9.18 (6% above fair value)
Industry Position: 63.9% below the Insurance median (#365 of 506)
No single metric tells the full story. See the NAI:LBTY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Liberty Kenya Holdings Ltd is an insurance company. It offers long-term insurance products, financial products, and services to the retail and corporate markets. Its products include life insurance, health insurance, and short-term insurance. The group is organized into segments are Long-term business, General businesses, and Holding company. The company generates maximum of its revenue from General business segment.
69GF Score
Get the complete analysis for NAI:LBTY
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
NAI:LBTY has been successfully added to your 
