Kazakhtelecom JSC (FRA:KZTA) Return-on-Tangible-Equity: -6.17% (As of Dec. 2025)

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FRA:KZTA Kazakhtelecom JSC FRA:KZTA
71 GF Score
Price €2.60
GF Value €3.09
Valuation Modestly Undervalued
! 12 Warning Signs
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What is Kazakhtelecom JSC Return-on-Tangible-Equity?

Kazakhtelecom JSC FRA:KZTA 71 Return-on-Tangible-Equity is -6.17% as of Dec. 2025. GuruFocus rates FRA:KZTA with a GF Score™ of 71/100 and a GF Value™ of €3.09 (Modestly Undervalued). The stock has 12 warning signs investors should review. Among 324 Telecommunication Services companies, Kazakhtelecom JSC ranks better than 63.89% 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. Kazakhtelecom JSC's annualized net income for the quarter that ended in Dec. 2025 was €-40.9 Mil. Kazakhtelecom JSC's average shareholder tangible equity for the quarter that ended in Dec. 2025 was €663.7 Mil. Therefore, Kazakhtelecom JSC's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was -6.17%.

The historical rank and industry rank for Kazakhtelecom JSC's Return-on-Tangible-Equity or its related term are showing as below:

FRA:KZTA' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 7.38   Med: 33.16   Max: 80.95
Current: 30.86

During the past 13 years, Kazakhtelecom JSC's highest Return-on-Tangible-Equity was 80.95%. The lowest was 7.38%. And the median was 33.16%.

FRA:KZTA's Return-on-Tangible-Equity is ranked better than
63.89% of 324 companies
in the Telecommunication Services industry
Industry Median: 14.255 vs FRA:KZTA: 30.86

Kazakhtelecom JSC  (FRA:KZTA) 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.


Kazakhtelecom JSC Return-on-Tangible-Equity Related Terms


Kazakhtelecom JSC Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Kazakhtelecom JSC'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.

Kazakhtelecom JSC Return-on-Tangible-Equity Chart

Kazakhtelecom JSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 55.64 43.86 35.76 19.54 28.88

Kazakhtelecom JSC Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Return-on-Tangible-Equity 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 18.04 73.10 19.01 18.67 -6.17

FRA:KZTA vs TMUS, VZ, T: Return-on-Tangible-Equity Comparison

For the Telecom Services subindustry, Kazakhtelecom JSC'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.


Kazakhtelecom JSC Return-on-Tangible-Equity vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Kazakhtelecom JSC's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Kazakhtelecom JSC's Return-on-Tangible-Equity falls into.


FRA:KZTA
71GF Score
Kazakhtelecom JSC FRA:KZTA
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kazakhtelecom JSC Return-on-Tangible-Equity Calculation

Kazakhtelecom JSC's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=242.631/( (978.811+701.455 )/ 2 )
=242.631/840.133
=28.88 %

Kazakhtelecom JSC's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2025 )  (Q: Sep. 2025 )(Q: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Sep. 2025 )(Q: Dec. 2025 )
=-40.94/( (626.039+701.455)/ 2 )
=-40.94/663.747
=-6.17 %

* 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 (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 -6.17% mean?
Kazakhtelecom JSC (FRA:KZTA) has a Return-on-Tangible-Equity of -6.17% 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 Kazakhtelecom JSC and its competitors. Over the past decade, Kazakhtelecom JSC's Return-on-Tangible-Equity has ranged from 7.38 to 80.95. According to the industry distribution chart, Kazakhtelecom JSC ranks #117 out of 324 companies in the Telecommunication Services industry, placing it in the top 36.1%.
Is Kazakhtelecom JSC's Return-on-Tangible-Equity too high?
Kazakhtelecom JSC's current Return-on-Tangible-Equity is -6.17%. Over the past 10 years, this metric has ranged from a low of 7.38 to a high of 80.95. Based on the distribution chart, Kazakhtelecom JSC ranks #117 out of 324 companies in the Telecommunication Services industry, which is above the industry midpoint. Overall, Kazakhtelecom JSC has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kazakhtelecom JSC's Return-on-Tangible-Equity compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Kazakhtelecom JSC ranks #117 out of 324 companies for Return-on-Tangible-Equity. This puts Kazakhtelecom JSC in the upper half of its industry. The industry median Return-on-Tangible-Equity is 14.26. Historically, Kazakhtelecom JSC's own Return-on-Tangible-Equity has ranged from 7.38 to 80.95 over the past decade. 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 Telecommunication Services company?
The median Return-on-Tangible-Equity among Telecommunication Services companies is 14.26, based on 324 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 Kazakhtelecom JSC and its competitors. For the Telecommunication Services industry, the median Return-on-Tangible-Equity is 14.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kazakhtelecom JSC's current Return-on-Tangible-Equity is -6.17%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kazakhtelecom JSC stock overvalued right now?
Based on GuruFocus' analysis, Kazakhtelecom JSC (FRA:KZTA) is currently considered Modestly Undervalued. The stock's GF Value™ is €3.09, compared to a current price of €2.60 — trading 15.9% below its estimated fair value. The current Return-on-Tangible-Equity is -6.17%. Kazakhtelecom JSC's overall GF Score™ is 71/100 with 12 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 Kazakhtelecom JSC (FRA:KZTA), the current Return-on-Tangible-Equity is -6.17% 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 Kazakhtelecom JSC (FRA:KZTA) Overvalued in 2026?

Based on GuruFocus' analysis, Kazakhtelecom JSC stock appears to be undervalued. The current stock price of €2.60 is trading 15.9% below its estimated GF Value™ of €3.09. GuruFocus considers Kazakhtelecom JSC to be Modestly Undervalued.

Key valuation signals for FRA:KZTA:

  • Return-on-Tangible-Equity: -6.17%
  • GF Value™: €3.09 vs. price of €2.60 (15.9% below fair value)
  • GF Score™: 71/100 with 12 warning signs

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


Kazakhtelecom JSC Business Description

Address 12, Sauran Street, Essil District, Nur-Sultan, KAZ, 010000
Kazakhtelecom JSC is engaged in providing telecommunication services. The company offers fixed line and mobile telecommunication services which include local, long-distance intercity, and international telecommunication services including CIS and non-CIS countries. In addition, it also provides rent of channels, data transfer services, and wireless communication services. The group operating segments include Fixed lines; Mobile telecommunication services in GSM and LTE standards and others. It generates maximum revenue from Mobile telecommunication services in GSM and LTE standards segment.
71GF Score

Get the complete analysis for FRA:KZTA

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

€2.60
Price
€3.09
GF Value