Keisei Electric Railway CoKELRF 73 Return-on-Tangible-Equity is 4.12% as of Mar. 2026, which is 58% below its 10-year median of 9.92. GuruFocus rates KELRF with a GF Score™ of 73/100 and a GF Value™ of $9.23 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 976 Transportation companies, Keisei Electric Railway Co ranks better than 51.13% 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. Keisei Electric Railway Co's annualized net income for the quarter that ended in Mar. 2026 was $143 Mil. Keisei Electric Railway Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $3,463 Mil. Therefore, Keisei Electric Railway Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 4.12%.
The historical rank and industry rank for Keisei Electric Railway Co's Return-on-Tangible-Equity or its related term are showing as below:
KELRF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -7.93 Med: 9.92 Max: 21.35
Current: 9.19
During the past 13 years, Keisei Electric Railway Co's highest Return-on-Tangible-Equity was 21.35%. The lowest was -7.93%. And the median was 9.92%.
KELRF's Return-on-Tangible-Equity is ranked better than 51.13% of 976
companies
in the Transportation industry
Industry Median: 8.97
vs KELRF: 9.19
Keisei Electric Railway Co (OTCPK:KELRF) 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.
Keisei Electric Railway Co Return-on-Tangible-Equity Related Terms
Keisei Electric Railway Co Return-on-Tangible-Equity Historical Data
* 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.
Keisei Electric Railway Co Return-on-Tangible-Equity Chart
KELRF vs UNP, CSX, NSC: Return-on-Tangible-Equity Comparison
For the Railroads subindustry, Keisei Electric Railway Co'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.
Keisei Electric Railway Co Return-on-Tangible-Equity vs Transportation Industry
For the Transportation industry and Industrials sector, Keisei Electric Railway Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Keisei Electric Railway Co'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 4.12% mean?
Keisei Electric Railway Co (KELRF) has a Return-on-Tangible-Equity of 4.12% 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 Keisei Electric Railway Co and its competitors. This is 58% below median its historical median of 9.92. According to the industry distribution chart, Keisei Electric Railway Co ranks #477 out of 976 companies in the Transportation industry, placing it in the top 48.9%.
Is Keisei Electric Railway Co's Return-on-Tangible-Equity too high?
Keisei Electric Railway Co's current Return-on-Tangible-Equity of 4.12% is 58% below median its 10-year median of 9.92. The Transportation industry median Return-on-Tangible-Equity is 8.97. Keisei Electric Railway Co's value of 4.12% is 54.1% below this industry median. Based on the distribution chart, Keisei Electric Railway Co ranks #477 out of 976 companies in the Transportation industry, which is above the industry midpoint. Overall, Keisei Electric Railway Co has a GF Score™ of 73/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Keisei Electric Railway Co's Return-on-Tangible-Equity compare to UNP and CSX?
According to the Transportation industry distribution chart, Keisei Electric Railway Co ranks #477 out of 976 companies for Return-on-Tangible-Equity. This puts Keisei Electric Railway Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 8.97. Keisei Electric Railway Co's value of 4.12% is 54.1% below this benchmark. While the company's 10-year median is 9.92 vs. the industry median of 8.97, Keisei Electric Railway Co has consistently been below 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 8.97, based on 976 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. Keisei Electric Railway Co's current Return-on-Tangible-Equity of 4.12% is 54.1% below 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 Keisei Electric Railway Co and its competitors. For the Transportation industry, the median Return-on-Tangible-Equity is 8.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Keisei Electric Railway Co's current Return-on-Tangible-Equity is 4.12%, which is 58% below median its own 10-year median of 9.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Keisei Electric Railway Co stock overvalued right now?
Based on GuruFocus' analysis, Keisei Electric Railway Co (KELRF) is currently considered Possible Value Trap. The stock's GF Value™ is $9.23, compared to a current price of $6.27 — trading 32.1% below its estimated fair value. The current Return-on-Tangible-Equity is 4.12%, which is 58% below median its 10-year median of 9.92 and 54.1% below the Transportation industry median of 8.97. Keisei Electric Railway Co's overall GF Score™ is 73/100 with 4 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 Keisei Electric Railway Co (KELRF), the current Return-on-Tangible-Equity is 4.12% 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 Keisei Electric Railway Co (KELRF) Overvalued in 2026?
Based on GuruFocus' analysis, Keisei Electric Railway Co stock appears to be undervalued.
The current stock price of $6.27 is trading 32.1% below its estimated GF Value™ of $9.23.
GuruFocus considers Keisei Electric Railway Co to be Possible Value Trap.
Key valuation signals for KELRF:
Return-on-Tangible-Equity: 4.12% (58% below median its 10-year median of 9.92)
GF Value™: $9.23 vs. price of $6.27 (32.1% below fair value)
Industry Position: 54.1% below the Transportation median (#477 of 976)
No single metric tells the full story. See the KELRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Keisei Electric Railway Co Ltd is a Japanese company that operates railways in Japan. The company's three segments are transportation, distribution, and real estate management. The transportation segment offers passenger transportation services by rail, bus, and taxi, and it contributes the majority of revenue. The distribution segment is engaged in operating department stores, shopping centers, and other retail stores. The company derives revenue from real estate activities such as leasing and selling its properties. It also generates additional revenue from activities ranging from real estate construction, operation of restaurants, hotels, and leisure sites to car maintenance services.
73GF Score
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