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Kelsian GroupASX:KLS -1.38%92 Return-on-Tangible-Equity is 673.84% as of Dec. 2025, which is 2596% above its 10-year median of 24.99. GuruFocus rates ASX:KLS with a GF Score™ of 92/100 and a GF Value™ of A$6.03 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 978 Transportation companies, Kelsian Group ranks better than 99.9% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Kelsian Group's annualized net income for the quarter that ended in Dec. 2025 was A$65 Mil. Kelsian Group's average shareholder tangible equity for the quarter that ended in Dec. 2025 was A$10 Mil. Therefore, Kelsian Group's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 673.84%.
The historical rank and industry rank for Kelsian Group's Return-on-Tangible-Equity or its related term are showing as below:
ASX:KLS'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -27.27 Med: 24.99 Max: 150.93
Current: Negative Tangible Equity
During the past 12 years, Kelsian Group's highest Return-on-Tangible-Equity was 150.93%. The lowest was -27.27%. And the median was 24.99%.
ASX:KLS's Return-on-Tangible-Equity is ranked better than 99.9% of 978
companies
in the Transportation industry
Industry Median: 8.985
vs ASX:KLS: Negative Tangible Equity
Kelsian Group (ASX:KLS) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Kelsian Group Return-on-Tangible-Equity Related Terms
Kelsian Group Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Kelsian Group's Return-on-Tangible-Equity 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.
ASX:KLS vs UNP, CSX, NSC: Return-on-Tangible-Equity Comparison
For the Railroads subindustry, Kelsian Group's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.
Kelsian Group Return-on-Tangible-Equity vs Transportation Industry
For the Transportation industry and Industrials sector, Kelsian Group's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Kelsian Group's Return-on-Tangible-Equity 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity 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.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 673.84% mean?
Kelsian Group (ASX:KLS) has a Return-on-Tangible-Equity of 673.84% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Kelsian Group and its competitors. This is 2596% above median its historical median of 24.99. According to the industry distribution chart, Kelsian Group ranks #1 out of 978 companies in the Transportation industry, placing it in the top 0.099999999999994%.
Is Kelsian Group's Return-on-Tangible-Equity too high?
Kelsian Group's current Return-on-Tangible-Equity of 673.84% is 2596% above median its 10-year median of 24.99. The Transportation industry median Return-on-Tangible-Equity is 8.99. Kelsian Group's value of 673.84% is 7399.6% above this industry median. Based on the distribution chart, Kelsian Group ranks #1 out of 978 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Kelsian Group has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kelsian Group's Return-on-Tangible-Equity compare to UNP and CSX?
According to the Transportation industry distribution chart, Kelsian Group ranks #1 out of 978 companies for Return-on-Tangible-Equity. This places Kelsian Group in the top 0% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 8.99. Kelsian Group's value of 673.84% is 7399.6% above this benchmark. While the company's 10-year median is 24.99 vs. the industry median of 8.99, Kelsian Group 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-Equity for a Transportation company?
The median Return-on-Tangible-Equity among Transportation companies is 8.99, based on 978 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Kelsian Group's current Return-on-Tangible-Equity of 673.84% is 7399.6% 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-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Kelsian Group and its competitors. For the Transportation industry, the median Return-on-Tangible-Equity is 8.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kelsian Group's current Return-on-Tangible-Equity is 673.84%, which is 2596% above median its own 10-year median of 24.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kelsian Group stock overvalued right now?
Based on GuruFocus' analysis, Kelsian Group (ASX:KLS) is currently considered Modestly Undervalued. The stock's GF Value™ is A$6.03, compared to a current price of A$4.28 — trading 29% below its estimated fair value. The current Return-on-Tangible-Equity is 673.84%, which is 2596% above median its 10-year median of 24.99 and 7399.6% above the Transportation industry median of 8.99. Kelsian Group's overall GF Score™ is 92/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Kelsian Group (ASX:KLS), the current Return-on-Tangible-Equity is 673.84% 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 Kelsian Group (ASX:KLS) Overvalued in 2026?
Based on GuruFocus' analysis, Kelsian Group stock appears to be undervalued.
The current stock price of A$4.28 is trading 29% below its estimated GF Value™ of A$6.03.
GuruFocus considers Kelsian Group to be Modestly Undervalued.
Key valuation signals for ASX:KLS:
Return-on-Tangible-Equity: 673.84% (2596% above median its 10-year median of 24.99)
GF Value™: A$6.03 vs. price of A$4.28 (29% below fair value)
Industry Position: 7399.6% above the Transportation median (#1 of 978)
No single metric tells the full story. See the ASX:KLS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kelsian operates public transport bus services throughout Australia, Singapore, and the UK on behalf of state governments. In the private sector, the group provides commuter transport services to resource companies, corporates, and education providers in Australia and the United States. Kelsian also provides marine transportation and a variety of tourism-related services throughout Australia, including ferry services, leisure cruises, accommodation, bus tours, and packaged holidays. In February 2026, Kelsian announced it had entered into an agreement to divest the leisure-centric tourism assets.
92GF Score
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