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Keystone InfraXTAE:KSTN -2.00%28 Return-on-Tangible-Equity is 4.20% as of Mar. 2026, which is 55% below its 10-year median of 9.34. GuruFocus rates XTAE:KSTN with a GF Score™ of 28/100. The stock has 2 warning signs investors should review. Among 920 REITs companies, Keystone Infra ranks better than 96.63% 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 Infra's annualized net income for the quarter that ended in Mar. 2026 was ₪129.09 Mil. Keystone Infra's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₪3,076.17 Mil. Therefore, Keystone Infra's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 4.20%.
The historical rank and industry rank for Keystone Infra's Return-on-Tangible-Equity or its related term are showing as below:
XTAE:KSTN'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 4.3 Med: 9.34 Max: 36.27
Current: 35.27
During the past 7 years, Keystone Infra's highest Return-on-Tangible-Equity was 36.27%. The lowest was 4.30%. And the median was 9.34%.
XTAE:KSTN's Return-on-Tangible-Equity is ranked better than 96.63% of 920
companies
in the REITs industry
Industry Median: 6.27
vs XTAE:KSTN: 35.27
Keystone Infra (XTAE:KSTN) 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 Infra Return-on-Tangible-Equity Related Terms
Keystone Infra Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Keystone Infra'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.
XTAE:KSTN vs EQIX, AMT, DLR: Return-on-Tangible-Equity Comparison
For the REIT - Specialty subindustry, Keystone Infra'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 Infra Return-on-Tangible-Equity vs REITs Industry
For the REITs industry and Real Estate sector, Keystone Infra's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Keystone Infra'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 4.20% mean?
Keystone Infra (XTAE:KSTN) has a Return-on-Tangible-Equity of 4.20% 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 Keystone Infra and its competitors. This is 55% below median its historical median of 9.34. Over the past decade, Keystone Infra's Return-on-Tangible-Equity has ranged from 4.30 to 36.27. According to the industry distribution chart, Keystone Infra ranks #31 out of 920 companies in the REITs industry, placing it in the top 3.4%.
Is Keystone Infra's Return-on-Tangible-Equity too high?
Keystone Infra's current Return-on-Tangible-Equity of 4.20% is 55% below median its 10-year median of 9.34. Over the past 10 years, this metric has ranged from a low of 4.30 to a high of 36.27. The REITs industry median Return-on-Tangible-Equity is 6.27. Keystone Infra's value of 4.20% is 33% below this industry median. Based on the distribution chart, Keystone Infra ranks #31 out of 920 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Keystone Infra has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does Keystone Infra's Return-on-Tangible-Equity compare to EQIX and AMT?
According to the REITs industry distribution chart, Keystone Infra ranks #31 out of 920 companies for Return-on-Tangible-Equity. This places Keystone Infra in the top 3% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 6.27. Keystone Infra's value of 4.20% is 33% below this benchmark. Historically, Keystone Infra's own Return-on-Tangible-Equity has ranged from 4.30 to 36.27 over the past decade. While the company's 10-year median is 9.34 vs. the industry median of 6.27, Keystone Infra 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 a REITs company?
The median Return-on-Tangible-Equity among REITs companies is 6.27, based on 920 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 Infra's current Return-on-Tangible-Equity of 4.20% is 33% 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 Keystone Infra and its competitors. For the REITs industry, the median Return-on-Tangible-Equity is 6.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Keystone Infra's current Return-on-Tangible-Equity is 4.20%, which is 55% below median its own 10-year median of 9.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Keystone Infra stock overvalued right now?
Keystone Infra (XTAE:KSTN) has a current Return-on-Tangible-Equity of 4.20%. The current Return-on-Tangible-Equity is 4.20%, which is 55% below median its 10-year median of 9.34 and 33% below the REITs industry median of 6.27. Keystone Infra's 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 Keystone Infra (XTAE:KSTN), the current Return-on-Tangible-Equity is 4.20% 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.
Keystone Infra Ltd is a yielding infrastructure investment fund. It is a fund for investment in infrastructure - water desalination, traditional and renewable energy, transportation, and communications.
28GF Score
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