FS KKR CapitalFSK +2.77%40 Return-on-Tangible-Equity is -31.72% as of Mar. 2026. GuruFocus rates FSK with a GF Score™ of 40/100 and a GF Value™ of $21.66 (Significantly Undervalued). Among 1,591 Asset Management companies, FS KKR Capital ranks worse than 86.42% 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. FS KKR Capital's annualized net income for the quarter that ended in Mar. 2026 was $-1,764.00 Mil. FS KKR Capital's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $5,561.50 Mil. Therefore, FS KKR Capital's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -31.72%.
The historical rank and industry rank for FS KKR Capital's Return-on-Tangible-Equity or its related term are showing as below:
FSK'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -11.63 Med: 8.32 Max: 27.99
Current: -9.18
During the past 13 years, FS KKR Capital's highest Return-on-Tangible-Equity was 27.99%. The lowest was -11.63%. And the median was 8.32%.
FSK's Return-on-Tangible-Equity is ranked worse than 86.42% of 1591
companies
in the Asset Management industry
Industry Median: 7.05
vs FSK: -9.18
FS KKR Capital (NYSE:FSK) 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.
FS KKR Capital Return-on-Tangible-Equity Related Terms
FS KKR Capital Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for FS KKR Capital'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.
FSK vs UTF, ADX, JPC: Return-on-Tangible-Equity Comparison
For the Asset Management subindustry, FS KKR Capital'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.
FS KKR Capital Return-on-Tangible-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, FS KKR Capital's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where FS KKR Capital'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 -31.72% mean?
FS KKR Capital (FSK) has a Return-on-Tangible-Equity of -31.72% 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 FS KKR Capital and its competitors. According to the industry distribution chart, FS KKR Capital ranks #1375 out of 1591 companies in the Asset Management industry, placing it in the top 86.4%.
Is FS KKR Capital's Return-on-Tangible-Equity too high?
FS KKR Capital's current Return-on-Tangible-Equity is -31.72%. Based on the distribution chart, FS KKR Capital ranks #1375 out of 1591 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, FS KKR Capital has a GF Score™ of 40/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does FS KKR Capital's Return-on-Tangible-Equity compare to UTF and ADX?
According to the Asset Management industry distribution chart, FS KKR Capital ranks #1375 out of 1591 companies for Return-on-Tangible-Equity. This places FS KKR Capital in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.05. 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 Asset Management company?
The median Return-on-Tangible-Equity among Asset Management companies is 7.05, based on 1,591 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 FS KKR Capital and its competitors. For the Asset Management industry, the median Return-on-Tangible-Equity is 7.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FS KKR Capital's current Return-on-Tangible-Equity is -31.72%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FS KKR Capital stock overvalued right now?
Based on GuruFocus' analysis, FS KKR Capital (FSK) is currently considered Significantly Undervalued. The stock's GF Value™ is $21.66, compared to a current price of $10.40 — trading 52% below its estimated fair value. The current Return-on-Tangible-Equity is -31.72%. FS KKR Capital's overall GF Score™ is 40/100. 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 FS KKR Capital (FSK), the current Return-on-Tangible-Equity is -31.72% 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 FS KKR Capital (FSK) Overvalued in 2026?
Based on GuruFocus' analysis, FS KKR Capital stock appears to be undervalued.
The current stock price of $10.40 is trading 52% below its estimated GF Value™ of $21.66.
GuruFocus considers FS KKR Capital to be Significantly Undervalued.
Key valuation signals for FSK:
Return-on-Tangible-Equity: -31.72%
GF Value™: $21.66 vs. price of $10.40 (52% below fair value)
No single metric tells the full story. See the FSK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
FS KKR Capital Corp is an externally managed, non-diversified, closed-end management investment company that has elected to be regulated as a business development company. The company's investment objectives are to generate current income and, to a lesser extent, long-term capital appreciation. The company's portfolio is comprised of investments in senior secured loans and second lien secured loans of private middle market U.S. companies and, to a lesser extent, subordinated loans and certain asset-based financing loans of private U.S. companies.
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