Keystone Infra (XTAE:KSTN) ROA %: 2.56% (As of Mar. 2026) — 57% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

XTAE:KSTN Keystone Infra Ltd XTAE:KSTN
28 GF Score
Price ₪19.64
! 2 Warning Signs
View Full Analysis

What is Keystone Infra ROA %?

Keystone Infra XTAE:KSTN +0.31% 28 ROA % is 2.56% as of Mar. 2026, which is 57% below its 10-year median of 6.02. GuruFocus rates XTAE:KSTN with a GF Score™ of 28/100. The stock has 2 warning signs investors should review. Among 925 REITs companies, Keystone Infra ranks better than 97.3% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Keystone Infra's annualized Net Income for the quarter that ended in Mar. 2026 was ₪129.09 Mil. Keystone Infra's average Total Assets over the quarter that ended in Mar. 2026 was ₪5,038.40 Mil. Therefore, Keystone Infra's annualized ROA % for the quarter that ended in Mar. 2026 was 2.56%.

The historical rank and industry rank for Keystone Infra's ROA % or its related term are showing as below:

XTAE:KSTN' s ROA % Range Over the Past 10 Years
Min: 3.11   Med: 6.02   Max: 22.2
Current: 20.67

During the past 7 years, Keystone Infra's highest ROA % was 22.20%. The lowest was 3.11%. And the median was 6.02%.

XTAE:KSTN's ROA % is ranked better than
97.3% of 925 companies
in the REITs industry
Industry Median: 3.24 vs XTAE:KSTN: 20.67

Keystone Infra  (XTAE:KSTN) ROA % Explanation

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=129.092/5038.402
=(Net Income / Revenue)*(Revenue / Total Assets)
=(129.092 / 0)*(0 / 5038.402)
=Net Margin %*Asset Turnover
=N/A %*0
=2.56 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.

* 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.


Be Aware

Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


Keystone Infra ROA % Related Terms


Keystone Infra ROA % Historical Data

* Premium members only.

The historical data trend for Keystone Infra's ROA % 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 Infra ROA % Chart

Keystone Infra Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROA %
Get a 7-Day Free Trial 6.20 4.48 15.18 5.84 22.20

Keystone Infra Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROA % 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 5.35 14.34 16.69 49.15 2.56

XTAE:KSTN vs EQIX, AMT, DLR: ROA % Comparison

For the REIT - Specialty subindustry, Keystone Infra's ROA %, along with its competitors' market caps and ROA % 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 ROA % vs REITs Industry

For the REITs industry and Real Estate sector, Keystone Infra's ROA % distribution charts can be found below:

* The bar in red indicates where Keystone Infra's ROA % falls into.


XTAE:KSTN
28GF Score
Keystone Infra Ltd XTAE:KSTN
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Keystone Infra ROA % Calculation

Keystone Infra's annualized ROA % for the fiscal year that ended in Dec. 2025 is calculated as:

ROA %=Net Income (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=941.764/( (3493.957+4988.875)/ 2 )
=941.764/4241.416
=22.20 %

Keystone Infra's annualized ROA % for the quarter that ended in Mar. 2026 is calculated as:

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=129.092/( (4988.875+5087.929)/ 2 )
=129.092/5038.402
=2.56 %

* 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 ROA %, the net income of the last fiscal year and the average total assets 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. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 2.56% mean?
Keystone Infra (XTAE:KSTN) has a ROA % of 2.56% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Keystone Infra and its competitors. This is 57% below median its historical median of 6.02. Over the past decade, Keystone Infra's ROA % has ranged from 3.11 to 22.20. According to the industry distribution chart, Keystone Infra ranks #25 out of 925 companies in the REITs industry, placing it in the top 2.7%.
Is Keystone Infra's ROA % too high?
Keystone Infra's current ROA % of 2.56% is 57% below median its 10-year median of 6.02. Over the past 10 years, this metric has ranged from a low of 3.11 to a high of 22.20. The REITs industry median ROA % is 3.24. Keystone Infra's value of 2.56% is 21% below this industry median. Based on the distribution chart, Keystone Infra ranks #25 out of 925 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 ROA % compare to EQIX and AMT?
According to the REITs industry distribution chart, Keystone Infra ranks #25 out of 925 companies for ROA %. This places Keystone Infra in the top 3% of its industry — outperforming the majority of peers. The industry median ROA % is 3.24. Keystone Infra's value of 2.56% is 21% below this benchmark. Historically, Keystone Infra's own ROA % has ranged from 3.11 to 22.20 over the past decade. While the company's 10-year median is 6.02 vs. the industry median of 3.24, 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 ROA % for a REITs company?
The median ROA % among REITs companies is 3.24, based on 925 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Keystone Infra's current ROA % of 2.56% is 21% 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Keystone Infra and its competitors. For the REITs industry, the median ROA % is 3.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Keystone Infra's current ROA % is 2.56%, which is 57% below median its own 10-year median of 6.02. 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 ROA % of 2.56%. The current ROA % is 2.56%, which is 57% below median its 10-year median of 6.02 and 21% below the REITs industry median of 3.24. 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 ROA % calculated?
ROA % is calculated from a company's financial statements. For Keystone Infra (XTAE:KSTN), the current ROA % is 2.56% 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 Business Description

Industry Real EstateREITs
Address 4 Ariel Sharon Street, Hashachar Tower, 37th Floor, Givatayim, ISR, 5320045
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

Get the complete analysis for XTAE:KSTN

ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₪19.64
Price