KebNi ABFRA:KEN -1.23%66 Return-on-Tangible-Equity is -112.62% as of Mar. 2026. GuruFocus rates FRA:KEN with a GF Score™ of 66/100 and a GF Value™ of €0.14 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 333 Aerospace & Defense companies, KebNi AB ranks worse than 85.29% 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. KebNi AB's annualized net income for the quarter that ended in Mar. 2026 was €-3.56 Mil. KebNi AB's average shareholder tangible equity for the quarter that ended in Mar. 2026 was €3.16 Mil. Therefore, KebNi AB's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -112.62%.
The historical rank and industry rank for KebNi AB's Return-on-Tangible-Equity or its related term are showing as below:
FRA:KEN'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -606.91 Med: -183.86 Max: 5.81
Current: -28.34
During the past 12 years, KebNi AB's highest Return-on-Tangible-Equity was 5.81%. The lowest was -606.91%. And the median was -183.86%.
FRA:KEN's Return-on-Tangible-Equity is ranked worse than 85.29% of 333
companies
in the Aerospace & Defense industry
Industry Median: 8.29
vs FRA:KEN: -28.34
KebNi AB (FRA:KEN) 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.
KebNi AB Return-on-Tangible-Equity Related Terms
KebNi AB Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for KebNi AB'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.
FRA:KEN vs SPCX, GE, RTX: Return-on-Tangible-Equity Comparison
For the Aerospace & Defense subindustry, KebNi AB'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.
KebNi AB Return-on-Tangible-Equity vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, KebNi AB's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where KebNi AB'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 four times the quarterly (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of -112.62% mean?
KebNi AB (FRA:KEN) has a Return-on-Tangible-Equity of -112.62% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on KebNi AB and its competitors. According to the industry distribution chart, KebNi AB ranks #284 out of 333 companies in the Aerospace & Defense industry, placing it in the top 85.3%.
Is KebNi AB's Return-on-Tangible-Equity too high?
KebNi AB's current Return-on-Tangible-Equity is -112.62%. Based on the distribution chart, KebNi AB ranks #284 out of 333 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, KebNi AB has a GF Score™ of 66/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does KebNi AB's Return-on-Tangible-Equity compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, KebNi AB ranks #284 out of 333 companies for Return-on-Tangible-Equity. This places KebNi AB in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.29. 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 an Aerospace & Defense company?
The median Return-on-Tangible-Equity among Aerospace & Defense companies is 8.29, based on 333 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. 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 KebNi AB and its competitors. For the Aerospace & Defense industry, the median Return-on-Tangible-Equity is 8.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KebNi AB's current Return-on-Tangible-Equity is -112.62%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KebNi AB stock overvalued right now?
Based on GuruFocus' analysis, KebNi AB (FRA:KEN) is currently considered Significantly Undervalued. The stock's GF Value™ is €0.14, compared to a current price of €0.09 — trading 36.9% below its estimated fair value. The current Return-on-Tangible-Equity is -112.62%. KebNi AB's overall GF Score™ is 66/100 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-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For KebNi AB (FRA:KEN), the current Return-on-Tangible-Equity is -112.62% as of Mar. 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 KebNi AB (FRA:KEN) Overvalued in 2026?
Based on GuruFocus' analysis, KebNi AB stock appears to be undervalued.
The current stock price of €0.09 is trading 36.9% below its estimated GF Value™ of €0.14.
GuruFocus considers KebNi AB to be Significantly Undervalued.
Key valuation signals for FRA:KEN:
Return-on-Tangible-Equity: -112.62%
GF Value™: €0.14 vs. price of €0.09 (36.9% below fair value)
No single metric tells the full story. See the FRA:KEN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
KebNi AB is a supplier of reliable technology, products and solutions for safety, positioning and stabilization. The company develops, produces and offers products and applications for stabilization, navigation and satcom. Kebni targets governmental, military and commercial sectors. Its product includes Inertial Sensing and Satcom. It operates in Sweden, Europe and Asia.
66GF Score
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