PT Citra Marga Nusaphala Persada Tbk (ISX:CMNP) Return-on-Tangible-Equity: Negative Tangible Equity% (As of Mar. 2026)


ISX:CMNP PT Citra Marga Nusaphala Persada Tbk ISX:CMNP
80 GF Score
Price Rp1,345.00
GF Value Rp1,503.33
Valuation Modestly Undervalued
! 4 Warning Signs
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What is PT Citra Marga Nusaphala Persada Tbk Return-on-Tangible-Equity?

PT Citra Marga Nusaphala Persada Tbk ISX:CMNP -0.37% 80 Return-on-Tangible-Equity is Negative Tangible Equity% as of Mar. 2026. GuruFocus rates ISX:CMNP with a GF Score™ of 80/100 and a GF Value™ of Rp1,503.33 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,706 Construction companies, PT Citra Marga Nusaphala Persada Tbk ranks better than 99.94% 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. PT Citra Marga Nusaphala Persada Tbk's annualized net income for the quarter that ended in Mar. 2026 was Rp1,395,832 Mil. PT Citra Marga Nusaphala Persada Tbk's average shareholder tangible equity for the quarter that ended in Mar. 2026 was Rp-6,925,969 Mil. Therefore, PT Citra Marga Nusaphala Persada Tbk's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was Negative Tangible Equity%.

The historical rank and industry rank for PT Citra Marga Nusaphala Persada Tbk's Return-on-Tangible-Equity or its related term are showing as below:

ISX:CMNP' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 70.8   Med: 4849.32   Max: 9627.84
Current: Negative Tangible Equity

During the past 13 years, PT Citra Marga Nusaphala Persada Tbk's highest Return-on-Tangible-Equity was 9,627.84%. The lowest was 70.80%. And the median was 4,849.32%.

ISX:CMNP's Return-on-Tangible-Equity is ranked better than
99.94% of 1706 companies
in the Construction industry
Industry Median: 8.245 vs ISX:CMNP: Negative Tangible Equity

PT Citra Marga Nusaphala Persada Tbk  (ISX:CMNP) 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.


PT Citra Marga Nusaphala Persada Tbk Return-on-Tangible-Equity Related Terms


PT Citra Marga Nusaphala Persada Tbk Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for PT Citra Marga Nusaphala Persada Tbk'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.

PT Citra Marga Nusaphala Persada Tbk Return-on-Tangible-Equity Chart

PT Citra Marga Nusaphala Persada Tbk 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 Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity

PT Citra Marga Nusaphala Persada Tbk 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-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 Premium Member Only Premium Member Only Premium Member Only Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity

PT Citra Marga Nusaphala Persada Tbk Return-on-Tangible-Equity Competitor Comparison

For the Infrastructure Operations subindustry, PT Citra Marga Nusaphala Persada Tbk'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.


PT Citra Marga Nusaphala Persada Tbk Return-on-Tangible-Equity vs Construction Industry

For the Construction industry and Industrials sector, PT Citra Marga Nusaphala Persada Tbk's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where PT Citra Marga Nusaphala Persada Tbk's Return-on-Tangible-Equity falls into.


ISX:CMNP
80GF Score
PT Citra Marga Nusaphala Persada Tbk ISX:CMNP
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Citra Marga Nusaphala Persada Tbk Return-on-Tangible-Equity Calculation

PT Citra Marga Nusaphala Persada Tbk'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 )
=1037491.241/( (-6321324.851+-7004536.027 )/ 2 )
=1037491.241/-6662930.439
=Negative Tangible Equity %

PT Citra Marga Nusaphala Persada Tbk's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=1395832.26/( (-7004536.027+-6847401.896)/ 2 )
=1395832.26/-6925968.9615
=Negative Tangible Equity %

* 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 four times the quarterly (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 Negative Tangible Equity% mean?
PT Citra Marga Nusaphala Persada Tbk (ISX:CMNP) has a Return-on-Tangible-Equity of Negative Tangible Equity% 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 PT Citra Marga Nusaphala Persada Tbk and its competitors. Over the past decade, PT Citra Marga Nusaphala Persada Tbk's Return-on-Tangible-Equity has ranged from 70.80 to 9,627.84. According to the industry distribution chart, PT Citra Marga Nusaphala Persada Tbk ranks #1 out of 1706 companies in the Construction industry, placing it in the top 0.099999999999994%.
Is PT Citra Marga Nusaphala Persada Tbk's Return-on-Tangible-Equity too high?
PT Citra Marga Nusaphala Persada Tbk's current Return-on-Tangible-Equity is Negative Tangible Equity%. Over the past 10 years, this metric has ranged from a low of 70.80 to a high of 9,627.84. Based on the distribution chart, PT Citra Marga Nusaphala Persada Tbk ranks #1 out of 1706 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, PT Citra Marga Nusaphala Persada Tbk has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Citra Marga Nusaphala Persada Tbk's Return-on-Tangible-Equity compare to competitors?
According to the Construction industry distribution chart, PT Citra Marga Nusaphala Persada Tbk ranks #1 out of 1706 companies for Return-on-Tangible-Equity. This places PT Citra Marga Nusaphala Persada Tbk in the top 0% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 8.25. Historically, PT Citra Marga Nusaphala Persada Tbk's own Return-on-Tangible-Equity has ranged from 70.80 to 9,627.84 over the past decade. 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 8.25, based on 1,706 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 PT Citra Marga Nusaphala Persada Tbk and its competitors. For the Construction industry, the median Return-on-Tangible-Equity is 8.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Citra Marga Nusaphala Persada Tbk's current Return-on-Tangible-Equity is Negative Tangible Equity%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Citra Marga Nusaphala Persada Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Citra Marga Nusaphala Persada Tbk (ISX:CMNP) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp1,503.33, compared to a current price of Rp1,345.00 — trading 10.5% below its estimated fair value. The current Return-on-Tangible-Equity is Negative Tangible Equity%. PT Citra Marga Nusaphala Persada Tbk's overall GF Score™ is 80/100 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 PT Citra Marga Nusaphala Persada Tbk (ISX:CMNP), the current Return-on-Tangible-Equity is Negative Tangible Equity% 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 PT Citra Marga Nusaphala Persada Tbk (ISX:CMNP) Overvalued in 2026?

Based on GuruFocus' analysis, PT Citra Marga Nusaphala Persada Tbk stock appears to be undervalued. The current stock price of Rp1,345.00 is trading 10.5% below its estimated GF Value™ of Rp1,503.33. GuruFocus considers PT Citra Marga Nusaphala Persada Tbk to be Modestly Undervalued.

Key valuation signals for ISX:CMNP:

  • Return-on-Tangible-Equity: Negative Tangible Equity%
  • GF Value™: Rp1,503.33 vs. price of Rp1,345.00 (10.5% below fair value)
  • GF Score™: 80/100 with 4 warning signs

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


PT Citra Marga Nusaphala Persada Tbk Business Description

Other Exchanges J7K:Germany
Address Jalan Yos Sudarso, Kavling 28, Sunter, Jakarta, IDN, 14350
PT Citra Marga Nusaphala Persada Tbk is engaged in the operation of highways. Its activity includes planning, constructing, and operating toll roads. Also, it provides consultancy services in the field of management, investment, information technology and telecommunications, transportation, project development, construction, and operation of toll roads, property management, and real estate. The firm's segments are Jakarta Intra Urban Toll, Toll Simpang Susun Waru-juanda, Toll Soreang Pasir Koja, Toll Depok Antasari, Toll Cileunyi -Sumedang -Dawuan and others.
80GF Score

Get the complete analysis for ISX:CMNP

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

Rp1,345.00
Price
Rp1,503.33
GF Value