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The historical rank and industry rank for Komercijalna Banka AD Skopje's Return-on-Tangible-Asset or its related term are showing as below:
XMAE:KMB'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.79 Med: 1.59 Max: 2.89
Current: 2.79
During the past 13 years, Komercijalna Banka AD Skopje's highest Return-on-Tangible-Asset was 2.89%. The lowest was 0.79%. And the median was 1.59%.
XMAE:KMB's Return-on-Tangible-Asset is ranked better than 93.98% of 1528
companies
in the Banks industry
Industry Median: 1
vs XMAE:KMB: 2.79
Komercijalna Banka AD Skopje (XMAE:KMB) 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 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.
Komercijalna Banka AD Skopje Return-on-Tangible-Asset Related Terms
Komercijalna Banka AD Skopje Return-on-Tangible-Asset Historical Data
* 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.
Komercijalna Banka AD Skopje Return-on-Tangible-Asset Chart
XMAE:KMB vs PNC, USB: Return-on-Tangible-Asset Comparison
For the Banks - Regional subindustry, Komercijalna Banka AD Skopje'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.
Komercijalna Banka AD Skopje Return-on-Tangible-Asset vs Banks Industry
For the Banks industry and Financial Services sector, Komercijalna Banka AD Skopje's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Komercijalna Banka AD Skopje'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 four times the quarterly (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 1.83% mean?
Komercijalna Banka AD Skopje (XMAE:KMB) has a Return-on-Tangible-Asset of 1.83% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Komercijalna Banka AD Skopje and its competitors. This is 15% above median its historical median of 1.59. Over the past decade, Komercijalna Banka AD Skopje's Return-on-Tangible-Asset has ranged from 0.79 to 2.89. According to the industry distribution chart, Komercijalna Banka AD Skopje ranks #92 out of 1528 companies in the Banks industry, placing it in the top 6%.
Is Komercijalna Banka AD Skopje's Return-on-Tangible-Asset too high?
Komercijalna Banka AD Skopje's current Return-on-Tangible-Asset of 1.83% is 15% above median its 10-year median of 1.59. Over the past 10 years, this metric has ranged from a low of 0.79 to a high of 2.89. The Banks industry median Return-on-Tangible-Asset is 1.00. Komercijalna Banka AD Skopje's value of 1.83% is 83% above this industry median. Based on the distribution chart, Komercijalna Banka AD Skopje ranks #92 out of 1528 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, Komercijalna Banka AD Skopje has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Komercijalna Banka AD Skopje's Return-on-Tangible-Asset compare to PNC and USB?
According to the Banks industry distribution chart, Komercijalna Banka AD Skopje ranks #92 out of 1528 companies for Return-on-Tangible-Asset. This places Komercijalna Banka AD Skopje in the top 6% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 1.00. Komercijalna Banka AD Skopje's value of 1.83% is 83% above this benchmark. Historically, Komercijalna Banka AD Skopje's own Return-on-Tangible-Asset has ranged from 0.79 to 2.89 over the past decade. While the company's 10-year median is 1.59 vs. the industry median of 1.00, Komercijalna Banka AD Skopje 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 Banks company?
The median Return-on-Tangible-Asset among Banks companies is 1.00, based on 1,528 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. Komercijalna Banka AD Skopje's current Return-on-Tangible-Asset of 1.83% is 83% 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 Komercijalna Banka AD Skopje and its competitors. For the Banks industry, the median Return-on-Tangible-Asset is 1.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Komercijalna Banka AD Skopje's current Return-on-Tangible-Asset is 1.83%, which is 15% above median its own 10-year median of 1.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Komercijalna Banka AD Skopje stock overvalued right now?
Based on GuruFocus' analysis, Komercijalna Banka AD Skopje (XMAE:KMB) is currently considered Modestly Undervalued. The stock's GF Value™ is MKD29,487.62, compared to a current price of MKD26,300.00 — trading 10.8% below its estimated fair value. The current Return-on-Tangible-Asset is 1.83%, which is 15% above median its 10-year median of 1.59 and 83% above the Banks industry median of 1.00. Komercijalna Banka AD Skopje's overall GF Score™ is 70/100 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 Komercijalna Banka AD Skopje (XMAE:KMB), the current Return-on-Tangible-Asset is 1.83% 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 Komercijalna Banka AD Skopje (XMAE:KMB) Overvalued in 2026?
Based on GuruFocus' analysis, Komercijalna Banka AD Skopje stock appears to be undervalued.
The current stock price of MKD26,300.00 is trading 10.8% below its estimated GF Value™ of MKD29,487.62.
GuruFocus considers Komercijalna Banka AD Skopje to be Modestly Undervalued.
Key valuation signals for XMAE:KMB:
Return-on-Tangible-Asset: 1.83% (15% above median its 10-year median of 1.59)
GF Value™: MKD29,487.62 vs. price of MKD26,300.00 (10.8% below fair value)
Industry Position: 83% above the Banks median (#92 of 1528)
No single metric tells the full story. See the XMAE:KMB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Komercijalna Banka AD Skopje is a commercial bank. The principal activities of the bank are - collecting deposits, placing loans and advances domestically and abroad, factoring and financing commercial transactions, foreign exchange operations, fast money transfer, trading with foreign currencies, trading with securities, services of a bank-custodian of investment and pension funds, intermediating in selling insurance policies, data collection and analysis of company's credit rating, and many others. It operates in the Republic of Macedonia, Europe, and other EU member countries.
70GF Score
Get the complete analysis for XMAE:KMB
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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