KMMPF (Killam Apartment Real Estate Investment Trust) Return-on-Tangible-Equity: 6.54% (As of Mar. 2026) — 44% Below Median


KMMPF Killam Apartment Real Estate Investment Trust KMMPF
70 GF Score
Price $13.00
GF Value $13.50
Valuation Fairly Valued
! 6 Warning Signs
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What is Killam Apartment Real Estate Investment Trust Return-on-Tangible-Equity?

Killam Apartment Real Estate Investment Trust KMMPF 70 Return-on-Tangible-Equity is 6.54% as of Mar. 2026, which is 44% below its 10-year median of 11.70. GuruFocus rates KMMPF with a GF Score™ of 70/100 and a GF Value™ of $13.50 (Fairly Valued). The stock has 6 warning signs investors should review. Among 933 REITs companies, Killam Apartment Real Estate Investment Trust ranks worse than 82.21% 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. Killam Apartment Real Estate Investment Trust's annualized net income for the quarter that ended in Mar. 2026 was $146.5 Mil. Killam Apartment Real Estate Investment Trust's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $2,241.1 Mil. Therefore, Killam Apartment Real Estate Investment Trust's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 6.54%.

The historical rank and industry rank for Killam Apartment Real Estate Investment Trust's Return-on-Tangible-Equity or its related term are showing as below:

KMMPF' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -0.7   Med: 11.7   Max: 23.97
Current: -0.7

During the past 13 years, Killam Apartment Real Estate Investment Trust's highest Return-on-Tangible-Equity was 23.97%. The lowest was -0.70%. And the median was 11.70%.

KMMPF's Return-on-Tangible-Equity is ranked worse than
82.21% of 933 companies
in the REITs industry
Industry Median: 6.26 vs KMMPF: -0.70

Killam Apartment Real Estate Investment Trust  (OTCPK:KMMPF) 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.


Killam Apartment Real Estate Investment Trust Return-on-Tangible-Equity Related Terms


Killam Apartment Real Estate Investment Trust Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Killam Apartment Real Estate Investment Trust'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.

Killam Apartment Real Estate Investment Trust Return-on-Tangible-Equity Chart

Killam Apartment Real Estate Investment Trust 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 14.72 5.43 11.27 23.33 0.97

Killam Apartment Real Estate Investment Trust Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 12.96 4.26 5.17 -18.78 6.54

KMMPF vs AVB, EQR, ESS: Return-on-Tangible-Equity Comparison

For the REIT - Residential subindustry, Killam Apartment Real Estate Investment Trust'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.


Killam Apartment Real Estate Investment Trust Return-on-Tangible-Equity vs REITs Industry

For the REITs industry and Real Estate sector, Killam Apartment Real Estate Investment Trust's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Killam Apartment Real Estate Investment Trust's Return-on-Tangible-Equity falls into.


KMMPF
70GF Score
Killam Apartment Real Estate Investment Trust KMMPF
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Killam Apartment Real Estate Investment Trust Return-on-Tangible-Equity Calculation

Killam Apartment Real Estate Investment Trust'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 )
=21.321/( (2168.844+2220.839 )/ 2 )
=21.321/2194.8415
=0.97 %

Killam Apartment Real Estate Investment Trust's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=146.544/( (2220.839+2261.262)/ 2 )
=146.544/2241.0505
=6.54 %

* 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 6.54% mean?
Killam Apartment Real Estate Investment Trust (KMMPF) has a Return-on-Tangible-Equity of 6.54% 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 Killam Apartment Real Estate Investment Trust and its competitors. This is 44% below median its historical median of 11.70. According to the industry distribution chart, Killam Apartment Real Estate Investment Trust ranks #767 out of 933 companies in the REITs industry, placing it in the top 82.2%.
Is Killam Apartment Real Estate Investment Trust's Return-on-Tangible-Equity too high?
Killam Apartment Real Estate Investment Trust's current Return-on-Tangible-Equity of 6.54% is 44% below median its 10-year median of 11.70. The REITs industry median Return-on-Tangible-Equity is 6.26. Killam Apartment Real Estate Investment Trust's value of 6.54% is 4.5% above this industry median. Based on the distribution chart, Killam Apartment Real Estate Investment Trust ranks #767 out of 933 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Killam Apartment Real Estate Investment Trust has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Killam Apartment Real Estate Investment Trust's Return-on-Tangible-Equity compare to AVB and EQR?
According to the REITs industry distribution chart, Killam Apartment Real Estate Investment Trust ranks #767 out of 933 companies for Return-on-Tangible-Equity. This places Killam Apartment Real Estate Investment Trust in the lower half of its industry. The industry median Return-on-Tangible-Equity is 6.26. Killam Apartment Real Estate Investment Trust's value of 6.54% is 4.5% above this benchmark. While the company's 10-year median is 11.70 vs. the industry median of 6.26, Killam Apartment Real Estate Investment Trust has consistently been above 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 REITs company?
The median Return-on-Tangible-Equity among REITs companies is 6.26, based on 933 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. Killam Apartment Real Estate Investment Trust's current Return-on-Tangible-Equity of 6.54% is 4.5% 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 Killam Apartment Real Estate Investment Trust and its competitors. For the REITs industry, the median Return-on-Tangible-Equity is 6.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Killam Apartment Real Estate Investment Trust's current Return-on-Tangible-Equity is 6.54%, which is 44% below median its own 10-year median of 11.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Killam Apartment Real Estate Investment Trust stock overvalued right now?
Based on GuruFocus' analysis, Killam Apartment Real Estate Investment Trust (KMMPF) is currently considered Fairly Valued. The stock's GF Value™ is $13.50, compared to a current price of $13.00 — trading 3.7% below its estimated fair value. The current Return-on-Tangible-Equity is 6.54%, which is 44% below median its 10-year median of 11.70 and 4.5% above the REITs industry median of 6.26. Killam Apartment Real Estate Investment Trust's overall GF Score™ is 70/100 with 6 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 Killam Apartment Real Estate Investment Trust (KMMPF), the current Return-on-Tangible-Equity is 6.54% 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 Killam Apartment Real Estate Investment Trust (KMMPF) Overvalued in 2026?

Based on GuruFocus' analysis, Killam Apartment Real Estate Investment Trust stock appears to be undervalued. The current stock price of $13.00 is trading 3.7% below its estimated GF Value™ of $13.50. GuruFocus considers Killam Apartment Real Estate Investment Trust to be Fairly Valued.

Key valuation signals for KMMPF:

  • Return-on-Tangible-Equity: 6.54% (44% below median its 10-year median of 11.70)
  • GF Value™: $13.50 vs. price of $13.00 (3.7% below fair value)
  • GF Score™: 70/100 with 6 warning signs
  • Industry Position: 4.5% above the REITs median (#767 of 933)

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


Killam Apartment Real Estate Investment Trust Business Description

Industry Real EstateREITs
Other Exchanges KMP.UN:Canada
Address 3700 Kempt Road, Suite 100, Halifax, NS, CAN, B3K 4X8
Killam Apartment Real Estate Investment Trust is an open-ended mutual fund trust. The company specializes in acquiring, managing, and developing multi-residential apartment buildings, manufactured home communities (MHCs), and commercial properties in Canada. It has three reportable segments: Apartment, MHC, and Commercial. The Apartment segment generates maximum revenue and is engaged in acquiring, operating, managing, and developing multi-family residential properties across Canada. The MHC segment acquires and operates MHC communities in Ontario and Eastern Canada, and the Commercial segment acquires and operates stand-alone commercial properties in Ontario, Nova Scotia, and Prince Edward Island.
70GF Score

Get the complete analysis for KMMPF

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

$13.00
Price
$13.50
GF Value