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Kcell JSCXKAZ:KCEL +0.50%57 Return-on-Tangible-Asset is 3.45% as of Jun. 2026, which is 64% below its 10-year median of 9.56. GuruFocus rates XKAZ:KCEL with a GF Score™ of 57/100 and a GF Value™ of ₸3,698.54 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 369 Telecommunication Services companies, Kcell JSC ranks better than 52.85% 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. Kcell JSC's annualizedNet Income for the quarter that ended in Jun. 2026 was ₸14,472 Mil. Kcell JSC's average total tangible assets for the quarter that ended in Jun. 2026 was ₸419,934 Mil. Therefore, Kcell JSC's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 3.45%.
The historical rank and industry rank for Kcell JSC's Return-on-Tangible-Asset or its related term are showing as below:
XKAZ:KCEL'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 3.54 Med: 9.56 Max: 18.93
Current: 4.19
During the past 13 years, Kcell JSC's highest Return-on-Tangible-Asset was 18.93%. The lowest was 3.54%. And the median was 9.56%.
XKAZ:KCEL's Return-on-Tangible-Asset is ranked better than 52.85% of 369
companies
in the Telecommunication Services industry
Industry Median: 3.47
vs XKAZ:KCEL: 4.19
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.
Kcell JSC Return-on-Tangible-Asset Related Terms
Kcell JSC Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Kcell JSC'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.
XKAZ:KCEL vs VZ, TMUS, T: Return-on-Tangible-Asset Comparison
For the Telecom Services subindustry, Kcell JSC'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.
Kcell JSC Return-on-Tangible-Asset vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Kcell JSC's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Kcell JSC'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 (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of 3.45% mean?
Kcell JSC (XKAZ:KCEL) has a Return-on-Tangible-Asset of 3.45% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Kcell JSC and its competitors. This is 64% below median its historical median of 9.56. Over the past decade, Kcell JSC's Return-on-Tangible-Asset has ranged from 3.54 to 18.93. According to the industry distribution chart, Kcell JSC ranks #174 out of 369 companies in the Telecommunication Services industry, placing it in the top 47.2%.
Is Kcell JSC's Return-on-Tangible-Asset too high?
Kcell JSC's current Return-on-Tangible-Asset of 3.45% is 64% below median its 10-year median of 9.56. Over the past 10 years, this metric has ranged from a low of 3.54 to a high of 18.93. The Telecommunication Services industry median Return-on-Tangible-Asset is 3.47. Kcell JSC's value of 3.45% is 0.6% below this industry median. Based on the distribution chart, Kcell JSC ranks #174 out of 369 companies in the Telecommunication Services industry, which is above the industry midpoint. Overall, Kcell JSC has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kcell JSC's Return-on-Tangible-Asset compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, Kcell JSC ranks #174 out of 369 companies for Return-on-Tangible-Asset. This puts Kcell JSC in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.47. Kcell JSC's value of 3.45% is 0.6% below this benchmark. Historically, Kcell JSC's own Return-on-Tangible-Asset has ranged from 3.54 to 18.93 over the past decade. While the company's 10-year median is 9.56 vs. the industry median of 3.47, Kcell JSC 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 a Telecommunication Services company?
The median Return-on-Tangible-Asset among Telecommunication Services companies is 3.47, based on 369 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. Kcell JSC's current Return-on-Tangible-Asset of 3.45% is 0.6% 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 Kcell JSC and its competitors. For the Telecommunication Services industry, the median Return-on-Tangible-Asset is 3.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kcell JSC's current Return-on-Tangible-Asset is 3.45%, which is 64% below median its own 10-year median of 9.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kcell JSC stock overvalued right now?
Based on GuruFocus' analysis, Kcell JSC (XKAZ:KCEL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₸3,698.54, compared to a current price of ₸3,182.90 — trading 13.9% below its estimated fair value. The current Return-on-Tangible-Asset is 3.45%, which is 64% below median its 10-year median of 9.56 and 0.6% below the Telecommunication Services industry median of 3.47. Kcell JSC's overall GF Score™ is 57/100 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 Kcell JSC (XKAZ:KCEL), the current Return-on-Tangible-Asset is 3.45% as of Jun. 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 Kcell JSC (XKAZ:KCEL) Overvalued in 2026?
Based on GuruFocus' analysis, Kcell JSC stock appears to be undervalued.
The current stock price of ₸3,182.90 is trading 13.9% below its estimated GF Value™ of ₸3,698.54.
GuruFocus considers Kcell JSC to be Modestly Undervalued.
Key valuation signals for XKAZ:KCEL:
Return-on-Tangible-Asset: 3.45% (64% below median its 10-year median of 9.56)
GF Value™: ₸3,698.54 vs. price of ₸3,182.90 (13.9% below fair value)
Industry Position: 0.6% below the Telecommunication Services median (#174 of 369)
No single metric tells the full story. See the XKAZ:KCEL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kcell JSC is a Kazakhstan-based company. It is engaged in providing mobile telecommunications services to both individuals and organizations including voice, SMS, MMS and data transmission. It offers Internet access and value-added services, including mobile content. The company is involved in designing, constructing and operating a cellular telecommunications network in the Republic of Kazakhstan using GSM (Global System for Mobile Communications) standard. It operates its business through Kcell which targets the mass market, corporate subscribers, public organizations as well as high-net-worth individuals. The company generates revenue from the sale of voice and other services, data service, handsets, and value-added services.
57GF Score
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