CMC MarketsCCMMF 72 Return-on-Tangible-Asset is 8.96% as of Mar. 2026, which is 15% below its 10-year median of 10.51. GuruFocus rates CCMMF with a GF Score™ of 72/100 and a GF Value™ of $1.03. The stock has 8 warning signs investors should review. Among 817 Capital Markets companies, CMC Markets ranks better than 83.11% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. CMC Markets's annualizedNet Income for the quarter that ended in Mar. 2026 was $102.4 Mil. CMC Markets's average total tangible assets for the quarter that ended in Mar. 2026 was $1,143.5 Mil. Therefore, CMC Markets's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 8.96%.
The historical rank and industry rank for CMC Markets's Return-on-Tangible-Asset or its related term are showing as below:
CCMMF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.83 Med: 10.51 Max: 34.68
Current: 9.26
During the past 13 years, CMC Markets's highest Return-on-Tangible-Asset was 34.68%. The lowest was 1.83%. And the median was 10.51%.
CCMMF's Return-on-Tangible-Asset is ranked better than 83.11% of 817
companies
in the Capital Markets industry
Industry Median: 1.51
vs CCMMF: 9.26
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset 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 Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
CMC Markets Return-on-Tangible-Asset Related Terms
CMC Markets Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for CMC Markets's Return-on-Tangible-Asset 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.
CCMMF vs MS, GS, SCHW: Return-on-Tangible-Asset Comparison
For the Capital Markets subindustry, CMC Markets's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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.
CMC Markets Return-on-Tangible-Asset vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, CMC Markets's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where CMC Markets's Return-on-Tangible-Asset 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-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is two times the semi-annual (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 8.96% mean?
CMC Markets (CCMMF) has a Return-on-Tangible-Asset of 8.96% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on CMC Markets and its competitors. This is 15% below median its historical median of 10.51. Over the past decade, CMC Markets' Return-on-Tangible-Asset has ranged from 1.83 to 34.68. According to the industry distribution chart, CMC Markets ranks #138 out of 817 companies in the Capital Markets industry, placing it in the top 16.9%.
Is CMC Markets' Return-on-Tangible-Asset too high?
CMC Markets' current Return-on-Tangible-Asset of 8.96% is 15% below median its 10-year median of 10.51. Over the past 10 years, this metric has ranged from a low of 1.83 to a high of 34.68. The Capital Markets industry median Return-on-Tangible-Asset is 1.51. CMC Markets' value of 8.96% is 493.4% above this industry median. Based on the distribution chart, CMC Markets ranks #138 out of 817 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, CMC Markets has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does CMC Markets' Return-on-Tangible-Asset compare to MS and GS?
According to the Capital Markets industry distribution chart, CMC Markets ranks #138 out of 817 companies for Return-on-Tangible-Asset. This places CMC Markets in the top 17% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 1.51. CMC Markets' value of 8.96% is 493.4% above this benchmark. Historically, CMC Markets' own Return-on-Tangible-Asset has ranged from 1.83 to 34.68 over the past decade. While the company's 10-year median is 10.51 vs. the industry median of 1.51, CMC Markets has consistently been above 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-Asset for a Capital Markets company?
The median Return-on-Tangible-Asset among Capital Markets companies is 1.51, based on 817 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. CMC Markets's current Return-on-Tangible-Asset of 8.96% is 493.4% above 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-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on CMC Markets and its competitors. For the Capital Markets industry, the median Return-on-Tangible-Asset is 1.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CMC Markets's current Return-on-Tangible-Asset is 8.96%, which is 15% below median its own 10-year median of 10.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CMC Markets stock overvalued right now?
CMC Markets (CCMMF) has a current Return-on-Tangible-Asset of 8.96%. The stock's GF Value™ is $1.03, compared to a current price of $2.50 — trading 142.7% above its estimated fair value. The current Return-on-Tangible-Asset is 8.96%, which is 15% below median its 10-year median of 10.51 and 493.4% above the Capital Markets industry median of 1.51. CMC Markets' overall GF Score™ is 72/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For CMC Markets (CCMMF), the current Return-on-Tangible-Asset is 8.96% 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 CMC Markets (CCMMF) Overvalued in 2026?
Based on GuruFocus' analysis, CMC Markets stock appears to be overvalued.
The current stock price of $2.50 is trading 142.7% above its estimated GF Value™ of $1.03.
Key valuation signals for CCMMF:
Return-on-Tangible-Asset: 8.96% (15% below median its 10-year median of 10.51)
GF Value™: $1.03 vs. price of $2.50 (142.7% above fair value)
Industry Position: 493.4% above the Capital Markets median (#138 of 817)
No single metric tells the full story. See the CCMMF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CMC Markets PLC is a United Kingdom-based company that provides an online platform for trading and investing, with a comprehensive retail, professional, and institutional offering. The Group's business consists of two segments, Trading and Investing. The majority of its revenue is generated from the Trading segment, whose core business involves online trading, enabling clients to trade a broad array of financial instruments for short-term investment and hedging purposes. Additionally, the trading segment includes the Treasury Management and Capital Markets Division that invests surplus liquidity to enhance yield. The Investing segment supports clients longer-term investment goals. The group offers online stockbroking services in Australia, the UK, the USA, and Singapore.
72GF Score
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