Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Keystone Law GroupLSE:KEYS -0.18%93 Return-on-Tangible-Equity is 84.03% as of Jan. 2026, which is 51% above its 10-year median of 55.49. GuruFocus rates LSE:KEYS with a GF Score™ of 93/100 and a GF Value™ of £7.20 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,006 Business Services companies, Keystone Law Group ranks better than 88.47% 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. Keystone Law Group's annualized net income for the quarter that ended in Jan. 2026 was £11.7 Mil. Keystone Law Group's average shareholder tangible equity for the quarter that ended in Jan. 2026 was £13.9 Mil. Therefore, Keystone Law Group's annualized Return-on-Tangible-Equity for the quarter that ended in Jan. 2026 was 84.03%.
The historical rank and industry rank for Keystone Law Group's Return-on-Tangible-Equity or its related term are showing as below:
LSE:KEYS'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 47.75 Med: 55.49 Max: 76.42
Current: 76.42
During the past 12 years, Keystone Law Group's highest Return-on-Tangible-Equity was 76.42%. The lowest was 47.75%. And the median was 55.49%.
LSE:KEYS's Return-on-Tangible-Equity is ranked better than 88.47% of 1006
companies
in the Business Services industry
Industry Median: 10.72
vs LSE:KEYS: 76.42
Keystone Law Group (LSE:KEYS) 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 Law Group Return-on-Tangible-Equity Related Terms
Keystone Law Group Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Keystone Law 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 Law Group Return-on-Tangible-Equity Chart
LSE:KEYS vs CTAS, CPRT, GPN: Return-on-Tangible-Equity Comparison
For the Specialty Business Services subindustry, Keystone Law 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 Law Group Return-on-Tangible-Equity vs Business Services Industry
For the Business Services industry and Industrials sector, Keystone Law Group's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Keystone Law Group'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 two times the semi-annual (Jan. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 84.03% mean?
Keystone Law Group (LSE:KEYS) has a Return-on-Tangible-Equity of 84.03% as of Jan. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Keystone Law Group and its competitors. This is 51% above median its historical median of 55.49. Over the past decade, Keystone Law Group's Return-on-Tangible-Equity has ranged from 47.75 to 76.42. According to the industry distribution chart, Keystone Law Group ranks #116 out of 1006 companies in the Business Services industry, placing it in the top 11.5%.
Is Keystone Law Group's Return-on-Tangible-Equity too high?
Keystone Law Group's current Return-on-Tangible-Equity of 84.03% is 51% above median its 10-year median of 55.49. Over the past 10 years, this metric has ranged from a low of 47.75 to a high of 76.42. The Business Services industry median Return-on-Tangible-Equity is 10.72. Keystone Law Group's value of 84.03% is 683.9% above this industry median. Based on the distribution chart, Keystone Law Group ranks #116 out of 1006 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Keystone Law Group has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Keystone Law Group's Return-on-Tangible-Equity compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Keystone Law Group ranks #116 out of 1006 companies for Return-on-Tangible-Equity. This places Keystone Law Group in the top 12% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 10.72. Keystone Law Group's value of 84.03% is 683.9% above this benchmark. Historically, Keystone Law Group's own Return-on-Tangible-Equity has ranged from 47.75 to 76.42 over the past decade. While the company's 10-year median is 55.49 vs. the industry median of 10.72, Keystone Law Group 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 Business Services company?
The median Return-on-Tangible-Equity among Business Services companies is 10.72, based on 1,006 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 Law Group's current Return-on-Tangible-Equity of 84.03% is 683.9% 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 Law Group and its competitors. For the Business Services industry, the median Return-on-Tangible-Equity is 10.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Keystone Law Group's current Return-on-Tangible-Equity is 84.03%, which is 51% above median its own 10-year median of 55.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Keystone Law Group stock overvalued right now?
Based on GuruFocus' analysis, Keystone Law Group (LSE:KEYS) is currently considered Modestly Undervalued. The stock's GF Value™ is £7.20, compared to a current price of £5.40 — trading 25% below its estimated fair value. The current Return-on-Tangible-Equity is 84.03%, which is 51% above median its 10-year median of 55.49 and 683.9% above the Business Services industry median of 10.72. Keystone Law Group's overall GF Score™ is 93/100 with 1 warning sign 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 Keystone Law Group (LSE:KEYS), the current Return-on-Tangible-Equity is 84.03% as of Jan. 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 Keystone Law Group (LSE:KEYS) Overvalued in 2026?
Based on GuruFocus' analysis, Keystone Law Group stock appears to be undervalued.
The current stock price of £5.40 is trading 25% below its estimated GF Value™ of £7.20.
GuruFocus considers Keystone Law Group to be Modestly Undervalued.
Key valuation signals for LSE:KEYS:
Return-on-Tangible-Equity: 84.03% (51% above median its 10-year median of 55.49)
GF Value™: £7.20 vs. price of £5.40 (25% below fair value)
Industry Position: 683.9% above the Business Services median (#116 of 1006)
No single metric tells the full story. See the LSE:KEYS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Keystone Law Group PLC is a law firm. The company provides legal services to a client base. It offers conventional legal advice in the areas including property, commercial, corporate, employment, family, litigation, private client, and others. It derives revenue from rendering of services and other revenue. The company serves sectors such as Aviation, Education, Financial Services, Food and Beverage, High-Net-Worth Family Office, Hotels, Hospitality and Leisure, In-House Legal, Life Sciences and Healthcare, Marine and Shipping, Media, Satellite, Space and Communications, and others.
93GF Score
Get the complete analysis for LSE:KEYS
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
LSE:KEYS has been successfully added to your 
