Kelt ExplorationKELTF +0.06%60 Return-on-Tangible-Equity is 0.24% as of Mar. 2026, which is 91% below its 10-year median of 2.67. GuruFocus rates KELTF with a GF Score™ of 60/100 and a GF Value™ of $6.00 (Fairly Valued). The stock has 9 warning signs investors should review. Among 942 Oil & Gas companies, Kelt Exploration ranks worse than 57.22% 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. Kelt Exploration's annualized net income for the quarter that ended in Mar. 2026 was $2.0 Mil. Kelt Exploration's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $831.7 Mil. Therefore, Kelt Exploration's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 0.24%.
The historical rank and industry rank for Kelt Exploration's Return-on-Tangible-Equity or its related term are showing as below:
KELTF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -42.55 Med: 2.67 Max: 19.55
Current: 3.99
During the past 13 years, Kelt Exploration's highest Return-on-Tangible-Equity was 19.55%. The lowest was -42.55%. And the median was 2.67%.
KELTF's Return-on-Tangible-Equity is ranked worse than 57.22% of 942
companies
in the Oil & Gas industry
Industry Median: 6.73
vs KELTF: 3.99
Kelt Exploration (OTCPK:KELTF) 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.
Kelt Exploration Return-on-Tangible-Equity Related Terms
Kelt Exploration Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Kelt Exploration'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.
KELTF vs COP, EOG, FANG: Return-on-Tangible-Equity Comparison
For the Oil & Gas E&P subindustry, Kelt Exploration'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.
Kelt Exploration Return-on-Tangible-Equity vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Kelt Exploration's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Kelt Exploration'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 0.24% mean?
Kelt Exploration (KELTF) has a Return-on-Tangible-Equity of 0.24% 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 Kelt Exploration and its competitors. This is 91% below median its historical median of 2.67. According to the industry distribution chart, Kelt Exploration ranks #539 out of 942 companies in the Oil & Gas industry, placing it in the top 57.2%.
Is Kelt Exploration's Return-on-Tangible-Equity too high?
Kelt Exploration's current Return-on-Tangible-Equity of 0.24% is 91% below median its 10-year median of 2.67. The Oil & Gas industry median Return-on-Tangible-Equity is 6.73. Kelt Exploration's value of 0.24% is 96.4% below this industry median. Based on the distribution chart, Kelt Exploration ranks #539 out of 942 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Kelt Exploration has a GF Score™ of 60/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kelt Exploration's Return-on-Tangible-Equity compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Kelt Exploration ranks #539 out of 942 companies for Return-on-Tangible-Equity. This places Kelt Exploration in the lower half of its industry. The industry median Return-on-Tangible-Equity is 6.73. Kelt Exploration's value of 0.24% is 96.4% below this benchmark. While the company's 10-year median is 2.67 vs. the industry median of 6.73, Kelt Exploration 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 an Oil & Gas company?
The median Return-on-Tangible-Equity among Oil & Gas companies is 6.73, based on 942 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. Kelt Exploration's current Return-on-Tangible-Equity of 0.24% is 96.4% 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 Kelt Exploration and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Equity is 6.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kelt Exploration's current Return-on-Tangible-Equity is 0.24%, which is 91% below median its own 10-year median of 2.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kelt Exploration stock overvalued right now?
Based on GuruFocus' analysis, Kelt Exploration (KELTF) is currently considered Fairly Valued. The stock's GF Value™ is $6.00, compared to a current price of $6.61 — trading 10.2% above its estimated fair value. The current Return-on-Tangible-Equity is 0.24%, which is 91% below median its 10-year median of 2.67 and 96.4% below the Oil & Gas industry median of 6.73. Kelt Exploration's overall GF Score™ is 60/100 with 9 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 Kelt Exploration (KELTF), the current Return-on-Tangible-Equity is 0.24% 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 Kelt Exploration (KELTF) Overvalued in 2026?
Based on GuruFocus' analysis, Kelt Exploration stock appears to be overvalued.
The current stock price of $6.61 is trading 10.2% above its estimated GF Value™ of $6.00.
GuruFocus considers Kelt Exploration to be Fairly Valued.
Key valuation signals for KELTF:
Return-on-Tangible-Equity: 0.24% (91% below median its 10-year median of 2.67)
GF Value™: $6.00 vs. price of $6.61 (10.2% above fair value)
Industry Position: 96.4% below the Oil & Gas median (#539 of 942)
No single metric tells the full story. See the KELTF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kelt Exploration Ltd is an oil and gas company that focuses on the exploration, development, and production of crude oil and natural gas in northwestern Alberta and northeastern British Columbia. The company focuses on exploration, development and production of crude oil and natural gas resources, in west central Alberta and northeastern British Columbia.
60GF Score
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