Keystone Infra (XTAE:KSTN) ROE %: 4.20% (As of Mar. 2026) — 55% Below Median

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XTAE:KSTN Keystone Infra Ltd XTAE:KSTN
28 GF Score
Price ₪19.64
! 2 Warning Signs
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What is Keystone Infra ROE %?

Keystone Infra XTAE:KSTN +0.31% 28 ROE % 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 921 REITs companies, Keystone Infra ranks better than 97.5% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity 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 Stockholders Equity over the quarter that ended in Mar. 2026 was ₪3,076.17 Mil. Therefore, Keystone Infra's annualized ROE % for the quarter that ended in Mar. 2026 was 4.20%.

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

XTAE:KSTN' s ROE % 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 ROE % was 36.27%. The lowest was 4.30%. And the median was 9.34%.

XTAE:KSTN's ROE % is ranked better than
97.5% of 921 companies
in the REITs industry
Industry Median: 6.13 vs XTAE:KSTN: 35.27

Keystone Infra  (XTAE:KSTN) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=129.092/3076.1675
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(129.092 / 0)*(0 / 5038.402)*(5038.402 / 3076.1675)
=Net Margin %*Asset Turnover*Equity Multiplier
=N/A %*0*1.6379
=ROA %*Equity Multiplier
=N/A %*1.6379
=4.20 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=129.092/3076.1675
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (129.092 / 152.884) * (152.884 / -62.68) * (-62.68 / 0) * (0 / 5038.402) * (5038.402 / 3076.1675)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.8444 * -2.4391 * N/A % * 0 * 1.6379
=4.20 %

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. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % 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 ROE %s can be extremely high.


Keystone Infra ROE % Related Terms


Keystone Infra ROE % Historical Data

* Premium members only.

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

Keystone Infra Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial 9.02 7.62 26.64 9.65 36.27

Keystone Infra Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % 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 9.12 25.26 29.37 83.62 4.20

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

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

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

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


XTAE:KSTN
28GF Score
Keystone Infra Ltd XTAE:KSTN
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Keystone Infra ROE % Calculation

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

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=941.764/( (2148.428+3043.988)/ 2 )
=941.764/2596.208
=36.27 %

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

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=129.092/( (3043.988+3108.347)/ 2 )
=129.092/3076.1675
=4.20 %

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

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 4.20% mean?
Keystone Infra (XTAE:KSTN) has a ROE % of 4.20% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total 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 ROE % has ranged from 4.30 to 36.27. According to the industry distribution chart, Keystone Infra ranks #23 out of 921 companies in the REITs industry, placing it in the top 2.5%.
Is Keystone Infra's ROE % too high?
Keystone Infra's current ROE % 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 ROE % is 6.13. Keystone Infra's value of 4.20% is 31.5% below this industry median. Based on the distribution chart, Keystone Infra ranks #23 out of 921 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 ROE % compare to EQIX and AMT?
According to the REITs industry distribution chart, Keystone Infra ranks #23 out of 921 companies for ROE %. This places Keystone Infra in the top 3% of its industry — outperforming the majority of peers. The industry median ROE % is 6.13. Keystone Infra's value of 4.20% is 31.5% below this benchmark. Historically, Keystone Infra's own ROE % 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 6.13, 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 ROE % for a REITs company?
The median ROE % among REITs companies is 6.13, based on 921 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Keystone Infra's current ROE % of 4.20% is 31.5% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Keystone Infra and its competitors. For the REITs industry, the median ROE % is 6.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Keystone Infra's current ROE % 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 ROE % of 4.20%. The current ROE % is 4.20%, which is 55% below median its 10-year median of 9.34 and 31.5% below the REITs industry median of 6.13. 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 ROE % calculated?
ROE % is calculated from a company's financial statements. For Keystone Infra (XTAE:KSTN), the current ROE % 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 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

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

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