Kaufman & Broad (XPAR:KOF) Return-on-Tangible-Asset: 3.48% (As of Feb. 2026) — 11% Below Median

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XPAR:KOF Kaufman & Broad SA XPAR:KOF
79 GF Score
Price €25.90
GF Value €30.17
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Kaufman & Broad Return-on-Tangible-Asset?

Kaufman & Broad XPAR:KOF 79 Return-on-Tangible-Asset is 3.48% as of Feb. 2026, which is 11% below its 10-year median of 3.90. GuruFocus rates XPAR:KOF with a GF Score™ of 79/100 and a GF Value™ of €30.17 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 96 Homebuilding & Construction companies, Kaufman & Broad ranks better than 55.21% 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. Kaufman & Broad's annualized Net Income for the quarter that ended in Feb. 2026 was €47 Mil. Kaufman & Broad's average total tangible assets for the quarter that ended in Feb. 2026 was €1,362 Mil. Therefore, Kaufman & Broad's annualized Return-on-Tangible-Asset for the quarter that ended in Feb. 2026 was 3.48%.

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

XPAR:KOF' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.85   Med: 3.9   Max: 6.02
Current: 3.96

During the past 13 years, Kaufman & Broad's highest Return-on-Tangible-Asset was 6.02%. The lowest was 2.85%. And the median was 3.90%.

XPAR:KOF's Return-on-Tangible-Asset is ranked better than
55.21% of 96 companies
in the Homebuilding & Construction industry
Industry Median: 3.32 vs XPAR:KOF: 3.96

Kaufman & Broad  (XPAR:KOF) 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.


Kaufman & Broad Return-on-Tangible-Asset Related Terms


Kaufman & Broad Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Kaufman & Broad'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.

Kaufman & Broad Return-on-Tangible-Asset Chart

Kaufman & Broad Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.39 3.67 4.13 2.85 3.57

Kaufman & Broad Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 3.06 2.78 5.85 3.48 3.65

XPAR:KOF vs DHI, PHM, LEN: Return-on-Tangible-Asset Comparison

For the Residential Construction subindustry, Kaufman & Broad'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.


Kaufman & Broad Return-on-Tangible-Asset vs Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Kaufman & Broad's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Kaufman & Broad's Return-on-Tangible-Asset falls into.


XPAR:KOF
79GF Score
Kaufman & Broad SA XPAR:KOF
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kaufman & Broad Return-on-Tangible-Asset Calculation

Kaufman & Broad's annualized Return-on-Tangible-Asset for the fiscal year that ended in Nov. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Nov. 2025 )  (A: Nov. 2024 )(A: Nov. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Nov. 2025 )  (A: Nov. 2024 )(A: Nov. 2025 )
=54.211/( (1612.42+1427.437)/ 2 )
=54.211/1519.9285
=3.57 %

Kaufman & Broad's annualized Return-on-Tangible-Asset for the quarter that ended in Feb. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Feb. 2026 )  (Q: Nov. 2025 )(Q: Feb. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Feb. 2026 )  (Q: Nov. 2025 )(Q: Feb. 2026 )
=47.34/( (1427.437+1296.012)/ 2 )
=47.34/1361.7245
=3.48 %

* 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 (Feb. 2026) net income data.

What does a Return-on-Tangible-Asset of 3.48% mean?
Kaufman & Broad (XPAR:KOF) has a Return-on-Tangible-Asset of 3.48% as of Feb. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Kaufman & Broad and its competitors. This is 11% below median its historical median of 3.90. Over the past decade, Kaufman & Broad's Return-on-Tangible-Asset has ranged from 2.85 to 6.02. According to the industry distribution chart, Kaufman & Broad ranks #43 out of 96 companies in the Homebuilding & Construction industry, placing it in the top 44.8%.
Is Kaufman & Broad's Return-on-Tangible-Asset too high?
Kaufman & Broad's current Return-on-Tangible-Asset of 3.48% is 11% below median its 10-year median of 3.90. Over the past 10 years, this metric has ranged from a low of 2.85 to a high of 6.02. The Homebuilding & Construction industry median Return-on-Tangible-Asset is 3.32. Kaufman & Broad's value of 3.48% is 4.8% above this industry median. Based on the distribution chart, Kaufman & Broad ranks #43 out of 96 companies in the Homebuilding & Construction industry, which is above the industry midpoint. Overall, Kaufman & Broad has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kaufman & Broad's Return-on-Tangible-Asset compare to DHI and PHM?
According to the Homebuilding & Construction industry distribution chart, Kaufman & Broad ranks #43 out of 96 companies for Return-on-Tangible-Asset. This puts Kaufman & Broad in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.32. Kaufman & Broad's value of 3.48% is 4.8% above this benchmark. Historically, Kaufman & Broad's own Return-on-Tangible-Asset has ranged from 2.85 to 6.02 over the past decade. While the company's 10-year median is 3.90 vs. the industry median of 3.32, Kaufman & Broad 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 Homebuilding & Construction company?
The median Return-on-Tangible-Asset among Homebuilding & Construction companies is 3.32, based on 96 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. Kaufman & Broad's current Return-on-Tangible-Asset of 3.48% is 4.8% 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 Kaufman & Broad and its competitors. For the Homebuilding & Construction industry, the median Return-on-Tangible-Asset is 3.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kaufman & Broad's current Return-on-Tangible-Asset is 3.48%, which is 11% below median its own 10-year median of 3.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kaufman & Broad stock overvalued right now?
Based on GuruFocus' analysis, Kaufman & Broad (XPAR:KOF) is currently considered Modestly Undervalued. The stock's GF Value™ is €30.17, compared to a current price of €25.90 — trading 14.2% below its estimated fair value. The current Return-on-Tangible-Asset is 3.48%, which is 11% below median its 10-year median of 3.90 and 4.8% above the Homebuilding & Construction industry median of 3.32. Kaufman & Broad's overall GF Score™ is 79/100 with 3 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 Kaufman & Broad (XPAR:KOF), the current Return-on-Tangible-Asset is 3.48% as of Feb. 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 Kaufman & Broad (XPAR:KOF) Overvalued in 2026?

Based on GuruFocus' analysis, Kaufman & Broad stock appears to be undervalued. The current stock price of €25.90 is trading 14.2% below its estimated GF Value™ of €30.17. GuruFocus considers Kaufman & Broad to be Modestly Undervalued.

Key valuation signals for XPAR:KOF:

  • Return-on-Tangible-Asset: 3.48% (11% below median its 10-year median of 3.90)
  • GF Value™: €30.17 vs. price of €25.90 (14.2% below fair value)
  • GF Score™: 79/100 with 3 warning signs
  • Industry Position: 4.8% above the Homebuilding & Construction median (#43 of 96)

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


Kaufman & Broad Business Description

Other Exchanges KOFp:UK0F07:UK3GH:Germany
Address 127, Avenue Charles de Gaulle, Neuilly-sur-Seine, FRA, 92207
Kaufman & Broad SA is a real estate property builder and developer. The company's operating business segments include Housing and Commercial Property segment. Through its Housing segments, it develops single-family homes, apartments, and assisted living facilities. Other business activities include land and building lot sales, contracted project management and showroom services. The company derives the majority of revenue from housing segment.
79GF Score

Get the complete analysis for XPAR:KOF

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

€25.90
Price
€30.17
GF Value