Express Kenya (NAI:XPRS) Return-on-Tangible-Asset: -9.14% (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.

NAI:XPRS Express Kenya PLC NAI:XPRS
45 GF Score
Price KES7.18
GF Value KES2.54
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Express Kenya Return-on-Tangible-Asset?

Express Kenya NAI:XPRS +1.13% 45 Return-on-Tangible-Asset is -9.14% as of Dec. 2025. GuruFocus rates NAI:XPRS with a GF Score™ of 45/100 and a GF Value™ of KES2.54 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,098 Business Services companies, Express Kenya ranks worse than 85.7% 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. Express Kenya's annualized Net Income for the quarter that ended in Dec. 2025 was KES-125.02 Mil. Express Kenya's average total tangible assets for the quarter that ended in Dec. 2025 was KES1,368.13 Mil. Therefore, Express Kenya's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was -9.14%.

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

NAI:XPRS' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -24.44   Med: -7.82   Max: -3.38
Current: -9.14

During the past 13 years, Express Kenya's highest Return-on-Tangible-Asset was -3.38%. The lowest was -24.44%. And the median was -7.82%.

NAI:XPRS's Return-on-Tangible-Asset is ranked worse than
85.7% of 1098 companies
in the Business Services industry
Industry Median: 3.975 vs NAI:XPRS: -9.14

Express Kenya  (NAI:XPRS) 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.


Express Kenya Return-on-Tangible-Asset Related Terms


Express Kenya Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Express Kenya'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.

Express Kenya Return-on-Tangible-Asset Chart

Express Kenya Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.38 -6.10 -7.46 -8.18 -9.14

Express Kenya Semi-Annual Data
Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 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 Premium Member Only Premium Member Only -6.38 -6.10 -7.46 -8.18 -9.14

NAI:XPRS vs CTAS, CPRT, GPN: Return-on-Tangible-Asset Comparison

For the Specialty Business Services subindustry, Express Kenya'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.


Express Kenya Return-on-Tangible-Asset vs Business Services Industry

For the Business Services industry and Industrials sector, Express Kenya's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Express Kenya's Return-on-Tangible-Asset falls into.


NAI:XPRS
45GF Score
Express Kenya PLC NAI:XPRS
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Express Kenya Return-on-Tangible-Asset Calculation

Express Kenya'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 )
=-125.019/( (1267.296+1468.972)/ 2 )
=-125.019/1368.134
=-9.14 %

Express Kenya'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: Dec. 2024 )(Q: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Dec. 2024 )(Q: Dec. 2025 )
=-125.019/( (1267.296+1468.972)/ 2 )
=-125.019/1368.134
=-9.14 %

* 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 -9.14% mean?
Express Kenya (NAI:XPRS) has a Return-on-Tangible-Asset of -9.14% 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 Express Kenya and its competitors. According to the industry distribution chart, Express Kenya ranks #941 out of 1098 companies in the Business Services industry, placing it in the top 85.7%.
Is Express Kenya's Return-on-Tangible-Asset too high?
Express Kenya's current Return-on-Tangible-Asset is -9.14%. Based on the distribution chart, Express Kenya ranks #941 out of 1098 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Express Kenya has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Express Kenya's Return-on-Tangible-Asset compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Express Kenya ranks #941 out of 1098 companies for Return-on-Tangible-Asset. This places Express Kenya in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.98. 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 3.98, based on 1,098 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 Express Kenya and its competitors. For the Business Services industry, the median Return-on-Tangible-Asset is 3.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Express Kenya's current Return-on-Tangible-Asset is -9.14%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Express Kenya stock overvalued right now?
Based on GuruFocus' analysis, Express Kenya (NAI:XPRS) is currently considered Significantly Overvalued. The stock's GF Value™ is KES2.54, compared to a current price of KES7.18 — trading 182.7% above its estimated fair value. The current Return-on-Tangible-Asset is -9.14%. Express Kenya's overall GF Score™ is 45/100 with 9 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 Express Kenya (NAI:XPRS), the current Return-on-Tangible-Asset is -9.14% 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 Express Kenya (NAI:XPRS) Overvalued in 2026?

Based on GuruFocus' analysis, Express Kenya stock appears to be overvalued. The current stock price of KES7.18 is trading 182.7% above its estimated GF Value™ of KES2.54. GuruFocus considers Express Kenya to be Significantly Overvalued.

Key valuation signals for NAI:XPRS:

  • Return-on-Tangible-Asset: -9.14%
  • GF Value™: KES2.54 vs. price of KES7.18 (182.7% above fair value)
  • GF Score™: 45/100 with 9 warning signs

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


Express Kenya Business Description

Address Road A, Off Enterprise Road, Industrial Area, P.O. Box 40433, Express House, Nairobi, KEN, 00100
Express Kenya PLC engages in the provision of clearing and forwarding services for both air and sea, as well as warehousing and logistics services. It operates through the following segments: Warehousing, and Real Estate. The Warehousing segment which accounts for the majority of revenue comprises the storage of customers' goods in the warehousing facility. The Real Estate segment consists of the development of properties. Geographically, the company operates only in Kenya.
45GF Score

Get the complete analysis for NAI:XPRS

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

KES7.18
Price
KES2.54
GF Value