KCG (Keystone Global Financial Group) Return-on-Tangible-Equity: 36.83% (As of Jun. 2025)


What is Keystone Global Financial Group Return-on-Tangible-Equity?

Keystone Global Financial Group KCG Return-on-Tangible-Equity is 36.83% as of Jun. 2025.

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. Keystone Global Financial Group's annualized net income for the quarter that ended in Jun. 2025 was $0.97 Mil. Keystone Global Financial Group's average shareholder tangible equity for the quarter that ended in Jun. 2025 was $2.63 Mil. Therefore, Keystone Global Financial Group's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2025 was 36.83%.

The historical rank and industry rank for Keystone Global Financial Group's Return-on-Tangible-Equity or its related term are showing as below:

KCG's Return-on-Tangible-Equity is not ranked *
in the Asset Management industry.
Industry Median: 7.19
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Keystone Global Financial Group  (NAS:KCG) 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.


Keystone Global Financial Group Return-on-Tangible-Equity Related Terms


Keystone Global Financial Group Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Keystone Global Financial 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.

Keystone Global Financial Group Return-on-Tangible-Equity Chart

Keystone Global Financial Group Annual Data
Trend Dec23 Dec24
Return-on-Tangible-Equity
1.03 39.61

Keystone Global Financial Group Semi-Annual Data
Dec23 Jun24 Dec24 Jun25
Return-on-Tangible-Equity 0.00 39.54 39.65 36.83

KCG vs : Return-on-Tangible-Equity Comparison

For the Asset Management subindustry, Keystone Global Financial 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.


Keystone Global Financial Group Return-on-Tangible-Equity vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Keystone Global Financial Group's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Keystone Global Financial Group's Return-on-Tangible-Equity falls into.



Keystone Global Financial Group Return-on-Tangible-Equity Calculation

Keystone Global Financial Group's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=0.804/( (1.654+2.406 )/ 2 )
=0.804/2.03
=39.61 %

Keystone Global Financial Group's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2025 )  (Q: Dec. 2024 )(Q: Jun. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2025 )  (Q: Dec. 2024 )(Q: Jun. 2025 )
=0.97/( (2.406+2.862)/ 2 )
=0.97/2.634
=36.83 %

* 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 (Jun. 2025) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 36.83% mean?
Keystone Global Financial Group (KCG) has a Return-on-Tangible-Equity of 36.83% as of Jun. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Keystone Global Financial Group and its competitors.
Is Keystone Global Financial Group's Return-on-Tangible-Equity too high?
Keystone Global Financial Group's current Return-on-Tangible-Equity is 36.83%. The Asset Management industry median Return-on-Tangible-Equity is 7.19. Keystone Global Financial Group's value of 36.83% is 412.2% above this industry median.
How does Keystone Global Financial Group's Return-on-Tangible-Equity compare to ?
Keystone Global Financial Group's Return-on-Tangible-Equity of 36.83% can be compared against companies in the Asset Management industry. The industry median Return-on-Tangible-Equity is 7.19. Keystone Global Financial Group's value of 36.83% is 412.2% above this benchmark. 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 7.19, based on 1,588 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. Keystone Global Financial Group's current Return-on-Tangible-Equity of 36.83% is 412.2% 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 Keystone Global Financial Group and its competitors. For the Asset Management industry, the median Return-on-Tangible-Equity is 7.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Keystone Global Financial Group's current Return-on-Tangible-Equity is 36.83%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Keystone Global Financial Group stock overvalued right now?
Keystone Global Financial Group (KCG) has a current Return-on-Tangible-Equity of 36.83%. The current Return-on-Tangible-Equity is 36.83% and 412.2% above the Asset Management industry median of 7.19. 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 Keystone Global Financial Group (KCG), the current Return-on-Tangible-Equity is 36.83% as of Jun. 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.

Keystone Global Financial Group Business Description

Comparable Companies
Address 308-320 Des Voeux Road Central, 1902-3A, 19th Floot, FWD Financial Centre, Sheung Wan, Hong Kong, HKG
Keystone Global Financial Group is a boutique financial firm which focuses on providing quality asset management services to clients. The company conducts business through its wholly-owned Subsidiary, which is a licensed corporation under the SFO to engage in Type 1 (dealing in securities), Type 4 (advising on securities) and Type 9 (asset management) regulated activities in Hong Kong. It provides discretionary accounts services to manage clients' funds. The company specializes in designing investment portfolios to meet the needs of investors with different risk tolerance and investment preferences and to preserve and enhance the value of their assets. It provides asset management services for its clients by applying different investment strategies to optimize their asset allocation.