CMC MarketsCCMMF 76 Return-on-Tangible-Equity is 18.77% as of Mar. 2026, which is 1% below its 10-year median of 19.00. GuruFocus rates CCMMF with a GF Score™ of 76/100 and a GF Value™ of $1.56. The stock has 8 warning signs investors should review. Among 783 Capital Markets companies, CMC Markets ranks better than 74.07% 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. CMC Markets's annualized net income for the quarter that ended in Mar. 2026 was $102.4 Mil. CMC Markets's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $545.6 Mil. Therefore, CMC Markets's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 18.77%.
The historical rank and industry rank for CMC Markets's Return-on-Tangible-Equity or its related term are showing as below:
CCMMF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 2.83 Med: 19 Max: 53.29
Current: 18.56
During the past 13 years, CMC Markets's highest Return-on-Tangible-Equity was 53.29%. The lowest was 2.83%. And the median was 19.00%.
CCMMF's Return-on-Tangible-Equity is ranked better than 74.07% of 783
companies
in the Capital Markets industry
Industry Median: 6.52
vs CCMMF: 18.56
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.
CMC Markets Return-on-Tangible-Equity Related Terms
CMC Markets Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for CMC Markets'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.
CCMMF vs MS, GS, SCHW: Return-on-Tangible-Equity Comparison
For the Capital Markets subindustry, CMC Markets'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.
CMC Markets Return-on-Tangible-Equity vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, CMC Markets's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where CMC Markets's Return-on-Tangible-Equity 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-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 two times the semi-annual (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 18.77% mean?
CMC Markets (CCMMF) has a Return-on-Tangible-Equity of 18.77% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on CMC Markets and its competitors. This is near median its historical median of 19.00. Over the past decade, CMC Markets' Return-on-Tangible-Equity has ranged from 2.83 to 53.29. According to the industry distribution chart, CMC Markets ranks #203 out of 783 companies in the Capital Markets industry, placing it in the top 25.9%.
Is CMC Markets' Return-on-Tangible-Equity too high?
CMC Markets' current Return-on-Tangible-Equity of 18.77% is near median its 10-year median of 19.00. Over the past 10 years, this metric has ranged from a low of 2.83 to a high of 53.29. The Capital Markets industry median Return-on-Tangible-Equity is 6.52. CMC Markets' value of 18.77% is 187.9% above this industry median. Based on the distribution chart, CMC Markets ranks #203 out of 783 companies in the Capital Markets industry, which is above the industry midpoint. Overall, CMC Markets has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does CMC Markets' Return-on-Tangible-Equity compare to MS and GS?
According to the Capital Markets industry distribution chart, CMC Markets ranks #203 out of 783 companies for Return-on-Tangible-Equity. This puts CMC Markets in the upper half of its industry. The industry median Return-on-Tangible-Equity is 6.52. CMC Markets' value of 18.77% is 187.9% above this benchmark. Historically, CMC Markets' own Return-on-Tangible-Equity has ranged from 2.83 to 53.29 over the past decade. While the company's 10-year median is 19.00 vs. the industry median of 6.52, 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-Equity for a Capital Markets company?
The median Return-on-Tangible-Equity among Capital Markets companies is 6.52, based on 783 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. CMC Markets's current Return-on-Tangible-Equity of 18.77% is 187.9% 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-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 CMC Markets and its competitors. For the Capital Markets industry, the median Return-on-Tangible-Equity is 6.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CMC Markets's current Return-on-Tangible-Equity is 18.77%, which is near median its own 10-year median of 19.00. 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-Equity of 18.77%. The stock's GF Value™ is $1.56, compared to a current price of $2.50 — trading 60.3% above its estimated fair value. The current Return-on-Tangible-Equity is 18.77%, which is near median its 10-year median of 19.00 and 187.9% above the Capital Markets industry median of 6.52. CMC Markets' overall GF Score™ is 76/100 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-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For CMC Markets (CCMMF), the current Return-on-Tangible-Equity is 18.77% 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 60.3% above its estimated GF Value™ of $1.56.
Key valuation signals for CCMMF:
Return-on-Tangible-Equity: 18.77% (near median its 10-year median of 19.00)
GF Value™: $1.56 vs. price of $2.50 (60.3% above fair value)
Industry Position: 187.9% above the Capital Markets median (#203 of 783)
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.
76GF Score
Get the complete analysis for CCMMF
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
CCMMF has been successfully added to your 
