KindenKNDEF 83 Return-on-Tangible-Equity is 18.54% as of Mar. 2026, which is 170% above its 10-year median of 6.86. GuruFocus rates KNDEF with a GF Score™ of 83/100 and a GF Value™ of $7.42. The stock has 2 warning signs investors should review. Among 1,703 Construction companies, Kinden ranks better than 60.95% 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. Kinden's annualized net income for the quarter that ended in Mar. 2026 was $736 Mil. Kinden's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $3,968 Mil. Therefore, Kinden's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 18.54%.
The historical rank and industry rank for Kinden's Return-on-Tangible-Equity or its related term are showing as below:
KNDEF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 5.33 Med: 6.86 Max: 11.55
Current: 11.55
During the past 13 years, Kinden's highest Return-on-Tangible-Equity was 11.55%. The lowest was 5.33%. And the median was 6.86%.
KNDEF's Return-on-Tangible-Equity is ranked better than 60.95% of 1703
companies
in the Construction industry
Industry Median: 8.23
vs KNDEF: 11.55
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.
Kinden Return-on-Tangible-Equity Related Terms
Kinden Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Kinden'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.
KNDEF vs PWR, FIX, EME: Return-on-Tangible-Equity Comparison
For the Engineering & Construction subindustry, Kinden'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.
Kinden Return-on-Tangible-Equity vs Construction Industry
For the Construction industry and Industrials sector, Kinden's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Kinden'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 18.54% mean?
Kinden (KNDEF) has a Return-on-Tangible-Equity of 18.54% 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 Kinden and its competitors. This is 170% above median its historical median of 6.86. Over the past decade, Kinden's Return-on-Tangible-Equity has ranged from 5.33 to 11.55. According to the industry distribution chart, Kinden ranks #665 out of 1703 companies in the Construction industry, placing it in the top 39%.
Is Kinden's Return-on-Tangible-Equity too high?
Kinden's current Return-on-Tangible-Equity of 18.54% is 170% above median its 10-year median of 6.86. Over the past 10 years, this metric has ranged from a low of 5.33 to a high of 11.55. The Construction industry median Return-on-Tangible-Equity is 8.23. Kinden's value of 18.54% is 125.3% above this industry median. Based on the distribution chart, Kinden ranks #665 out of 1703 companies in the Construction industry, which is above the industry midpoint. Overall, Kinden has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does Kinden's Return-on-Tangible-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, Kinden ranks #665 out of 1703 companies for Return-on-Tangible-Equity. This puts Kinden in the upper half of its industry. The industry median Return-on-Tangible-Equity is 8.23. Kinden's value of 18.54% is 125.3% above this benchmark. Historically, Kinden's own Return-on-Tangible-Equity has ranged from 5.33 to 11.55 over the past decade. While the company's 10-year median is 6.86 vs. the industry median of 8.23, Kinden 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 Construction company?
The median Return-on-Tangible-Equity among Construction companies is 8.23, based on 1,703 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. Kinden's current Return-on-Tangible-Equity of 18.54% is 125.3% 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 Kinden and its competitors. For the Construction industry, the median Return-on-Tangible-Equity is 8.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kinden's current Return-on-Tangible-Equity is 18.54%, which is 170% above median its own 10-year median of 6.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kinden stock overvalued right now?
Kinden (KNDEF) has a current Return-on-Tangible-Equity of 18.54%. The stock's GF Value™ is $7.42, compared to a current price of $15.90 — trading 114.3% above its estimated fair value. The current Return-on-Tangible-Equity is 18.54%, which is 170% above median its 10-year median of 6.86 and 125.3% above the Construction industry median of 8.23. Kinden's overall GF Score™ is 83/100 with 2 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 Kinden (KNDEF), the current Return-on-Tangible-Equity is 18.54% 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 Kinden (KNDEF) Overvalued in 2026?
Based on GuruFocus' analysis, Kinden stock appears to be overvalued.
The current stock price of $15.90 is trading 114.3% above its estimated GF Value™ of $7.42.
Key valuation signals for KNDEF:
Return-on-Tangible-Equity: 18.54% (170% above median its 10-year median of 6.86)
GF Value™: $7.42 vs. price of $15.90 (114.3% above fair value)
Industry Position: 125.3% above the Construction median (#665 of 1703)
No single metric tells the full story. See the KNDEF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kinden Corp is a Japanese industrial company specializing in facility construction and the electrical construction business. Its operations cover a wide range of activities, including power distribution, electrical installations for buildings and factories, power transmission line projects, and substation-related work. The company offers alternative-energy power generation and fuel cell systems, facility and factory automation and security systems, air conditioning and water supply solutions, warehouse and medical facility communication systems, and sanitation and electrical system diagnosis solutions.
83GF Score
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