KAP (JSE:KAP) Tax Rate %: 28.04% (As of Dec. 2025)

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.

JSE:KAP KAP Ltd JSE:KAP
73 GF Score
Price R2.66
GF Value R2.62
Valuation Fairly Valued
! 11 Warning Signs
View Full Analysis

What is KAP Tax Rate %?

KAP JSE:KAP -2.56% 73 Tax Rate % is 28.04% as of Dec. 2025. GuruFocus rates JSE:KAP with a GF Score™ of 73/100 and a GF Value™ of R2.62 (Fairly Valued). The stock has 11 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. KAP's Tax Expense for the six months ended in Dec. 2025 was R226 Mil. KAP's Pre-Tax Income for the six months ended in Dec. 2025 was R806 Mil. Therefore, KAP's Tax Rate % for the quarter that ended in Dec. 2025 was 28.04%.


KAP Tax Rate % Related Terms


KAP Tax Rate % Historical Data

* Premium members only.

The historical data trend for KAP's Tax Rate % 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.

KAP Tax Rate % Chart

KAP Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.83 24.63 36.97 15.03 63.25

KAP Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Tax Rate % 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 29.11 -4.36 26.00 3.82 28.04
JSE:KAP
73GF Score
KAP Ltd JSE:KAP
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

KAP Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

KAP's Tax Rate % for the fiscal year that ended in Jun. 2025 is calculated as

Tax Rate %=Tax Expense (A: Jun. 2025 )/Pre-Tax Income (A: Jun. 2025 )
=148/234
=63.25 %

KAP's Tax Rate % for the quarter that ended in Dec. 2025 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2025 )/Pre-Tax Income (Q: Dec. 2025 )
=226/806
=28.04 %

* 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.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 28.04% mean?
KAP (JSE:KAP) has a Tax Rate % of 28.04% as of Dec. 2025.
Is KAP's Tax Rate % too high?
KAP's current Tax Rate % is 28.04%. Overall, KAP has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does KAP's Tax Rate % compare to HON and MMM?
KAP's Tax Rate % of 28.04% can be compared against companies in the Conglomerates industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for a Conglomerates company?
A good Tax Rate % depends on the Conglomerates industry context. However, Tax Rate % 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 Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. KAP's current Tax Rate % is 28.04%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KAP stock overvalued right now?
Based on GuruFocus' analysis, KAP (JSE:KAP) is currently considered Fairly Valued. The stock's GF Value™ is R2.62, compared to a current price of R2.66 — trading 1.5% above its estimated fair value. The current Tax Rate % is 28.04%. KAP's overall GF Score™ is 73/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For KAP (JSE:KAP), the current Tax Rate % is 28.04% as of Dec. 2025. 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 KAP (JSE:KAP) Overvalued in 2026?

Based on GuruFocus' analysis, KAP stock appears to be overvalued. The current stock price of R2.66 is trading 1.5% above its estimated GF Value™ of R2.62. GuruFocus considers KAP to be Fairly Valued.

Key valuation signals for JSE:KAP:

  • Tax Rate %: 28.04%
  • GF Value™: R2.62 vs. price of R2.66 (1.5% above fair value)
  • GF Score™: 73/100 with 11 warning signs

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


KAP Business Description

Other Exchanges KI8:Germany
Address Corner R44 and School Road, Unit G7, Stellenpark Business Park, Jamestown, Stellenbosch, WC, ZAF, 7600
KAP Ltd is a diversified group consisting of industrial, chemical, and logistics businesses, and road safety segments in sub-Saharan Africa. It operates through the following segments: PG Bison, Safripol, Unitrans, Feltex, Restonic, Optix, and Corporate. It generates the majority of its revenue from the Unitrans segment which is involved in a supply chain and operational services business providing customized solutions to customers in a diverse range of sectors, including consumer, agriculture, petrochemical, mining, and passenger transport.
73GF Score

Get the complete analysis for JSE:KAP

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

R2.66
Price
R2.62
GF Value