Combined Group Contracting K C (KUW:CGC) Return-on-Tangible-Asset: 2.27% (As of Mar. 2026) — 18% Below Median

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KUW:CGC Combined Group Contracting SA K C KUW:CGC
75 GF Score
Price KWD0.93
GF Value KWD1.08
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Combined Group Contracting K C Return-on-Tangible-Asset?

Combined Group Contracting K C KUW:CGC -1.07% 75 Return-on-Tangible-Asset is 2.27% as of Mar. 2026, which is 18% below its 10-year median of 2.77. GuruFocus rates KUW:CGC with a GF Score™ of 75/100 and a GF Value™ of KWD1.08 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,781 Construction companies, Combined Group Contracting K C ranks better than 67.88% 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. Combined Group Contracting K C's annualized Net Income for the quarter that ended in Mar. 2026 was KWD6.5 Mil. Combined Group Contracting K C's average total tangible assets for the quarter that ended in Mar. 2026 was KWD287.9 Mil. Therefore, Combined Group Contracting K C's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 2.27%.

The historical rank and industry rank for Combined Group Contracting K C's Return-on-Tangible-Asset or its related term are showing as below:

KUW:CGC' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -3.39   Med: 2.77   Max: 6.05
Current: 5.82

During the past 13 years, Combined Group Contracting K C's highest Return-on-Tangible-Asset was 6.05%. The lowest was -3.39%. And the median was 2.77%.

KUW:CGC's Return-on-Tangible-Asset is ranked better than
67.88% of 1781 companies
in the Construction industry
Industry Median: 3.04 vs KUW:CGC: 5.82

Combined Group Contracting K C  (KUW:CGC) Return-on-Tangible-Asset Explanation

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 company’s 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 company’s 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.


Combined Group Contracting K C Return-on-Tangible-Asset Related Terms


Combined Group Contracting K C Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Combined Group Contracting K C'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.

Combined Group Contracting K C Return-on-Tangible-Asset Chart

Combined Group Contracting K C Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.18 4.53 4.02 3.87 6.05

Combined Group Contracting K C Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Asset 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 2.49 4.38 13.79 3.22 2.27

KUW:CGC vs PWR, FIX, EME: Return-on-Tangible-Asset Comparison

For the Engineering & Construction subindustry, Combined Group Contracting K C'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.


Combined Group Contracting K C Return-on-Tangible-Asset vs Construction Industry

For the Construction industry and Industrials sector, Combined Group Contracting K C's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Combined Group Contracting K C's Return-on-Tangible-Asset falls into.


KUW:CGC
75GF Score
Combined Group Contracting SA K C KUW:CGC
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Combined Group Contracting K C Return-on-Tangible-Asset Calculation

Combined Group Contracting K C's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=15.801/( (239.675+282.578)/ 2 )
=15.801/261.1265
=6.05 %

Combined Group Contracting K C's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=6.54/( (282.578+293.279)/ 2 )
=6.54/287.9285
=2.27 %

* 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 four times the quarterly (Mar. 2026) net income data.

What does a Return-on-Tangible-Asset of 2.27% mean?
Combined Group Contracting K C (KUW:CGC) has a Return-on-Tangible-Asset of 2.27% 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 Combined Group Contracting K C and its competitors. This is 18% below median its historical median of 2.77. According to the industry distribution chart, Combined Group Contracting K C ranks #572 out of 1781 companies in the Construction industry, placing it in the top 32.1%.
Is Combined Group Contracting K C's Return-on-Tangible-Asset too high?
Combined Group Contracting K C's current Return-on-Tangible-Asset of 2.27% is 18% below median its 10-year median of 2.77. The Construction industry median Return-on-Tangible-Asset is 3.04. Combined Group Contracting K C's value of 2.27% is 25.3% below this industry median. Based on the distribution chart, Combined Group Contracting K C ranks #572 out of 1781 companies in the Construction industry, which is above the industry midpoint. Overall, Combined Group Contracting K C has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Combined Group Contracting K C's Return-on-Tangible-Asset compare to PWR and FIX?
According to the Construction industry distribution chart, Combined Group Contracting K C ranks #572 out of 1781 companies for Return-on-Tangible-Asset. This puts Combined Group Contracting K C in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.04. Combined Group Contracting K C's value of 2.27% is 25.3% below this benchmark. While the company's 10-year median is 2.77 vs. the industry median of 3.04, Combined Group Contracting K C 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 Return-on-Tangible-Asset for a Construction company?
The median Return-on-Tangible-Asset among Construction companies is 3.04, based on 1,781 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. Combined Group Contracting K C's current Return-on-Tangible-Asset of 2.27% is 25.3% 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 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 Combined Group Contracting K C and its competitors. For the Construction industry, the median Return-on-Tangible-Asset is 3.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Combined Group Contracting K C's current Return-on-Tangible-Asset is 2.27%, which is 18% below median its own 10-year median of 2.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Combined Group Contracting K C stock overvalued right now?
Based on GuruFocus' analysis, Combined Group Contracting K C (KUW:CGC) is currently considered Modestly Undervalued. The stock's GF Value™ is KWD1.08, compared to a current price of KWD0.93 — trading 14.1% below its estimated fair value. The current Return-on-Tangible-Asset is 2.27%, which is 18% below median its 10-year median of 2.77 and 25.3% below the Construction industry median of 3.04. Combined Group Contracting K C's overall GF Score™ is 75/100 with 3 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 Combined Group Contracting K C (KUW:CGC), the current Return-on-Tangible-Asset is 2.27% 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 Combined Group Contracting K C (KUW:CGC) Overvalued in 2026?

Based on GuruFocus' analysis, Combined Group Contracting K C stock appears to be undervalued. The current stock price of KWD0.93 is trading 14.1% below its estimated GF Value™ of KWD1.08. GuruFocus considers Combined Group Contracting K C to be Modestly Undervalued.

Key valuation signals for KUW:CGC:

  • Return-on-Tangible-Asset: 2.27% (18% below median its 10-year median of 2.77)
  • GF Value™: KWD1.08 vs. price of KWD0.93 (14.1% below fair value)
  • GF Score™: 75/100 with 3 warning signs
  • Industry Position: 25.3% below the Construction median (#572 of 1781)

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


Combined Group Contracting K C Business Description

Address Al Ardiya Industrial, P.O. Box : 4819, Block No. 2, Plot No. 284, Kuwait City, KWT, 13049
Combined Group Contracting SA K C is a Kuwait-based company engaged in the construction of residential, commercial, and governmental buildings, roads, and infrastructure, and oil and gas-related development projects. Its service centers are Ready Mix plant, Asphalt Factories, Heavy Equipment, and Service Centers. The Group is divided into functional divisions to manage its various lines of business. The Group operates mainly in the State of Kuwait and other Gulf countries. The Group's segments are: the State of Kuwait segment and the Gulf Countries segment. It generates the majority of its revenue from the State of Kuwait segment.
75GF Score

Get the complete analysis for KUW:CGC

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

KWD0.93
Price
KWD1.08
GF Value