Comcm Constanta (BSE:CMCM) Return-on-Tangible-Equity: -0.41% (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.

BSE:CMCM Comcm SA Constanta BSE:CMCM
39 GF Score
Price lei0.32
GF Value lei0.08
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Comcm Constanta Return-on-Tangible-Equity?

Comcm Constanta BSE:CMCM +5.19% 39 Return-on-Tangible-Equity is -0.41% as of Dec. 2025. GuruFocus rates BSE:CMCM with a GF Score™ of 39/100 and a GF Value™ of lei0.08 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,712 Construction companies, Comcm Constanta ranks worse than 77.86% on this metric.

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Comcm Constanta's annualized net income for the quarter that ended in Dec. 2025 was lei-0.35 Mil. Comcm Constanta's average shareholder tangible equity for the quarter that ended in Dec. 2025 was lei86.22 Mil. Therefore, Comcm Constanta's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was -0.41%.

The historical rank and industry rank for Comcm Constanta's Return-on-Tangible-Equity or its related term are showing as below:

BSE:CMCM' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -6.77   Med: -1.93   Max: 44.39
Current: -0.41

During the past 13 years, Comcm Constanta's highest Return-on-Tangible-Equity was 44.39%. The lowest was -6.77%. And the median was -1.93%.

BSE:CMCM's Return-on-Tangible-Equity is ranked worse than
77.86% of 1712 companies
in the Construction industry
Industry Median: 8.21 vs BSE:CMCM: -0.41

Comcm Constanta  (BSE:CMCM) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity 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 Return-on-Tangible-Equitys can be extremely high.


Comcm Constanta Return-on-Tangible-Equity Related Terms


Comcm Constanta Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Comcm Constanta's Return-on-Tangible-Equity 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.

Comcm Constanta Return-on-Tangible-Equity Chart

Comcm Constanta Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.77 -5.43 44.39 7.03 -0.41

Comcm Constanta Semi-Annual Data
Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity 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 -6.77 -5.43 44.39 7.03 -0.41

BSE:CMCM vs PWR, FIX, EME: Return-on-Tangible-Equity Comparison

For the Engineering & Construction subindustry, Comcm Constanta's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.


Comcm Constanta Return-on-Tangible-Equity vs Construction Industry

For the Construction industry and Industrials sector, Comcm Constanta's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Comcm Constanta's Return-on-Tangible-Equity falls into.


BSE:CMCM
39GF Score
Comcm SA Constanta BSE:CMCM
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Comcm Constanta Return-on-Tangible-Equity Calculation

Comcm Constanta's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=-0.352/( (86.4+86.047 )/ 2 )
=-0.352/86.2235
=-0.41 %

Comcm Constanta's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2025 )  (Q: Dec. 2024 )(Q: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Dec. 2024 )(Q: Dec. 2025 )
=-0.352/( (86.4+86.047)/ 2 )
=-0.352/86.2235
=-0.41 %

* 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is one times the annual (Dec. 2025) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of -0.41% mean?
Comcm Constanta (BSE:CMCM) has a Return-on-Tangible-Equity of -0.41% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Comcm Constanta and its competitors. According to the industry distribution chart, Comcm Constanta ranks #1333 out of 1712 companies in the Construction industry, placing it in the top 77.9%.
Is Comcm Constanta's Return-on-Tangible-Equity too high?
Comcm Constanta's current Return-on-Tangible-Equity is -0.41%. Based on the distribution chart, Comcm Constanta ranks #1333 out of 1712 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Comcm Constanta has a GF Score™ of 39/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Comcm Constanta's Return-on-Tangible-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, Comcm Constanta ranks #1333 out of 1712 companies for Return-on-Tangible-Equity. This places Comcm Constanta in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.21. 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-Equity for a Construction company?
The median Return-on-Tangible-Equity among Construction companies is 8.21, based on 1,712 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity 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 Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Comcm Constanta and its competitors. For the Construction industry, the median Return-on-Tangible-Equity is 8.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Comcm Constanta's current Return-on-Tangible-Equity is -0.41%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Comcm Constanta stock overvalued right now?
Based on GuruFocus' analysis, Comcm Constanta (BSE:CMCM) is currently considered Significantly Overvalued. The stock's GF Value™ is lei0.08, compared to a current price of lei0.32 — trading 305% above its estimated fair value. The current Return-on-Tangible-Equity is -0.41%. Comcm Constanta's overall GF Score™ is 39/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Comcm Constanta (BSE:CMCM), the current Return-on-Tangible-Equity is -0.41% 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 Comcm Constanta (BSE:CMCM) Overvalued in 2026?

Based on GuruFocus' analysis, Comcm Constanta stock appears to be overvalued. The current stock price of lei0.32 is trading 305% above its estimated GF Value™ of lei0.08. GuruFocus considers Comcm Constanta to be Significantly Overvalued.

Key valuation signals for BSE:CMCM:

  • Return-on-Tangible-Equity: -0.41%
  • GF Value™: lei0.08 vs. price of lei0.32 (305% above fair value)
  • GF Score™: 39/100 with 4 warning signs

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


Comcm Constanta Business Description

Address Bulevardul Aurel Vlaicu 144, Constanta, ROU, 900498
Comcm SA Constanta is engaged in the manufacture of concrete, and as auxiliary activities: industrial production for constructions, civil constructions of quarry products, rebars, and prefabricated products. As civil engineering and industrial construction activities. Its main activity is the rental of machinery, but also the extraction and sorting of sand.
39GF Score

Get the complete analysis for BSE:CMCM

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

lei0.32
Price
lei0.08
GF Value