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Kelso TechnologiesTSX:KLS 28 Return-on-Tangible-Equity is -38.52% as of Mar. 2026. GuruFocus rates TSX:KLS with a GF Score™ of 28/100 and a GF Value™ of C$0.15 (Fairly Valued). The stock has 2 warning signs investors should review. Among 978 Transportation companies, Kelso Technologies ranks worse than 89.37% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Kelso Technologies's annualized net income for the quarter that ended in Mar. 2026 was C$-2.36 Mil. Kelso Technologies's average shareholder tangible equity for the quarter that ended in Mar. 2026 was C$6.14 Mil. Therefore, Kelso Technologies's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -38.52%.
The historical rank and industry rank for Kelso Technologies's Return-on-Tangible-Equity or its related term are showing as below:
TSX:KLS'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -77.46 Med: -16.07 Max: 35.19
Current: -8.44
During the past 13 years, Kelso Technologies's highest Return-on-Tangible-Equity was 35.19%. The lowest was -77.46%. And the median was -16.07%.
TSX:KLS's Return-on-Tangible-Equity is ranked worse than 89.37% of 978
companies
in the Transportation industry
Industry Median: 8.995
vs TSX:KLS: -8.44
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.
Kelso Technologies Return-on-Tangible-Equity Related Terms
Kelso Technologies Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Kelso Technologies'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.
TSX:KLS vs UNP, CSX, NSC: Return-on-Tangible-Equity Comparison
For the Railroads subindustry, Kelso Technologies'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.
Kelso Technologies Return-on-Tangible-Equity vs Transportation Industry
For the Transportation industry and Industrials sector, Kelso Technologies's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Kelso Technologies'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 -38.52% mean?
Kelso Technologies (TSX:KLS) has a Return-on-Tangible-Equity of -38.52% 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 Kelso Technologies and its competitors. According to the industry distribution chart, Kelso Technologies ranks #874 out of 978 companies in the Transportation industry, placing it in the top 89.4%.
Is Kelso Technologies' Return-on-Tangible-Equity too high?
Kelso Technologies' current Return-on-Tangible-Equity is -38.52%. Based on the distribution chart, Kelso Technologies ranks #874 out of 978 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Kelso Technologies has a GF Score™ of 28/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kelso Technologies' Return-on-Tangible-Equity compare to UNP and CSX?
According to the Transportation industry distribution chart, Kelso Technologies ranks #874 out of 978 companies for Return-on-Tangible-Equity. This places Kelso Technologies in the lower half of its industry. The industry median Return-on-Tangible-Equity is 9.00. 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 9.00, based on 978 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. 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 Kelso Technologies and its competitors. For the Transportation industry, the median Return-on-Tangible-Equity is 9.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kelso Technologies's current Return-on-Tangible-Equity is -38.52%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kelso Technologies stock overvalued right now?
Based on GuruFocus' analysis, Kelso Technologies (TSX:KLS) is currently considered Fairly Valued. The stock's GF Value™ is C$0.15, compared to a current price of C$0.14 — trading 6.7% below its estimated fair value. The current Return-on-Tangible-Equity is -38.52%. Kelso Technologies' overall GF Score™ is 28/100 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 Kelso Technologies (TSX:KLS), the current Return-on-Tangible-Equity is -38.52% 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 Kelso Technologies (TSX:KLS) Overvalued in 2026?
Based on GuruFocus' analysis, Kelso Technologies stock appears to be undervalued.
The current stock price of C$0.14 is trading 6.7% below its estimated GF Value™ of C$0.15.
GuruFocus considers Kelso Technologies to be Fairly Valued.
Key valuation signals for TSX:KLS:
Return-on-Tangible-Equity: -38.52%
GF Value™: C$0.15 vs. price of C$0.14 (6.7% below fair value)
No single metric tells the full story. See the TSX:KLS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kelso Technologies Inc is a railway equipment supplier that produces and sells tank car service equipment used for the safe loading, unloading, and containment of hazardous materials during transport. The firm designs, engineers, markets, produces, and distributes various fuel valves, pressure relief valves, manway securement systems, and other related products designed to reduce the risk of environmental harm due to non-accidental events in the transportation of hazardous commodities via railroad tank cars. It operates one business segment, which consists of the design, production, and distribution of various proprietary products for the rail sector. Geographically, it operates in the United States.
28GF Score
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