Kcell JSC (XKAZ:KCEL) ROE % Adjusted to Book Value: 2.60% (As of Mar. 2026)

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XKAZ:KCEL Kcell JSC XKAZ:KCEL
57 GF Score
Price ₸3,235.98
GF Value ₸3,652.09
Valuation Modestly Undervalued
! 9 Warning Signs
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What is Kcell JSC ROE % Adjusted to Book Value?

Kcell JSC XKAZ:KCEL +0.22% 57 ROE % Adjusted to Book Value is 2.60% as of Mar. 2026. GuruFocus rates XKAZ:KCEL with a GF Score™ of 57/100 and a GF Value™ of ₸3,652.09 (Modestly Undervalued). The stock has 9 warning signs investors should review.

Kcell JSC's ROE % for the quarter that ended in Mar. 2026 was 8.68%. Kcell JSC's PB Ratio for the quarter that ended in Mar. 2026 was 3.34. Kcell JSC's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was 2.60%.


Kcell JSC ROE % Adjusted to Book Value Related Terms


Kcell JSC ROE % Adjusted to Book Value Historical Data

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The historical data trend for Kcell JSC's ROE % Adjusted to Book Value 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.

Kcell JSC ROE % Adjusted to Book Value Chart

Kcell JSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.89 13.68 9.30 1.52 2.16

Kcell JSC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Adjusted to Book Value 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 0.71 2.69 5.73 -0.45 2.60

XKAZ:KCEL vs VZ, TMUS, T: ROE % Adjusted to Book Value Comparison

For the Telecom Services subindustry, Kcell JSC's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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.


Kcell JSC ROE % Adjusted to Book Value vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Kcell JSC's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Kcell JSC's ROE % Adjusted to Book Value falls into.


XKAZ:KCEL
57GF Score
Kcell JSC XKAZ:KCEL
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kcell JSC ROE % Adjusted to Book Value Calculation

Kcell JSC's ROE % Adjusted to Book Value for the fiscal year that ended in Dec. 2025 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=7.47% / 3.46
=2.16%

Kcell JSC's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=8.68% / 3.34
=2.60%

* 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.

What does a ROE % Adjusted to Book Value of 2.60% mean?
Kcell JSC (XKAZ:KCEL) has a ROE % Adjusted to Book Value of 2.60% as of Mar. 2026. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Kcell JSC and its competitors.
Is Kcell JSC's ROE % Adjusted to Book Value too high?
Kcell JSC's current ROE % Adjusted to Book Value is 2.60%. Overall, Kcell JSC has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kcell JSC's ROE % Adjusted to Book Value compare to VZ and TMUS?
Kcell JSC's ROE % Adjusted to Book Value of 2.60% can be compared against companies in the Telecommunication Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % Adjusted to Book Value for a Telecommunication Services company?
A good ROE % Adjusted to Book Value depends on the Telecommunication Services industry context. However, ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value mean?
A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Kcell JSC and its competitors. Kcell JSC's current ROE % Adjusted to Book Value is 2.60%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kcell JSC stock overvalued right now?
Based on GuruFocus' analysis, Kcell JSC (XKAZ:KCEL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₸3,652.09, compared to a current price of ₸3,235.98 — trading 11.4% below its estimated fair value. The current ROE % Adjusted to Book Value is 2.60%. Kcell JSC's overall GF Score™ is 57/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For Kcell JSC (XKAZ:KCEL), the current ROE % Adjusted to Book Value is 2.60% 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 Kcell JSC (XKAZ:KCEL) Overvalued in 2026?

Based on GuruFocus' analysis, Kcell JSC stock appears to be undervalued. The current stock price of ₸3,235.98 is trading 11.4% below its estimated GF Value™ of ₸3,652.09. GuruFocus considers Kcell JSC to be Modestly Undervalued.

Key valuation signals for XKAZ:KCEL:

  • ROE % Adjusted to Book Value: 2.60%
  • GF Value™: ₸3,652.09 vs. price of ₸3,235.98 (11.4% below fair value)
  • GF Score™: 57/100 with 9 warning signs

No single metric tells the full story. See the XKAZ:KCEL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kcell JSC Business Description

Address Alimzhanova Street, 51, Almaty, KAZ, 050004
Kcell JSC is a Kazakhstan-based company. It is engaged in providing mobile telecommunications services to both individuals and organizations including voice, SMS, MMS and data transmission. It offers Internet access and value-added services, including mobile content. The company is involved in designing, constructing and operating a cellular telecommunications network in the Republic of Kazakhstan using GSM (Global System for Mobile Communications) standard. It operates its business through Kcell which targets the mass market, corporate subscribers, public organizations as well as high-net-worth individuals. The company generates revenue from the sale of voice and other services, data service, handsets, and value-added services.
57GF Score

Get the complete analysis for XKAZ:KCEL

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

₸3,235.98
Price
₸3,652.09
GF Value