Komercni Banka ASKMERF 15 Return-on-Tangible-Equity is 13.04% as of Mar. 2026, which is 17% below its 10-year median of 15.71. GuruFocus rates KMERF with a GF Score™ of 15/100 and a GF Value™ of $43.85 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,523 Banks companies, Komercni Banka AS ranks better than 72.36% 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. Komercni Banka AS's annualized net income for the quarter that ended in Mar. 2026 was $759 Mil. Komercni Banka AS's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $5,816 Mil. Therefore, Komercni Banka AS's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 13.04%.
The historical rank and industry rank for Komercni Banka AS's Return-on-Tangible-Equity or its related term are showing as below:
KMERF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 8.2 Med: 15.71 Max: 16.78
Current: 14.63
During the past 13 years, Komercni Banka AS's highest Return-on-Tangible-Equity was 16.78%. The lowest was 8.20%. And the median was 15.71%.
KMERF's Return-on-Tangible-Equity is ranked better than 72.36% of 1523
companies
in the Banks industry
Industry Median: 11.19
vs KMERF: 14.63
Komercni Banka AS (OTCPK:KMERF) 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.
Komercni Banka AS Return-on-Tangible-Equity Related Terms
Komercni Banka AS Return-on-Tangible-Equity Historical Data
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The historical data trend for Komercni Banka AS'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.
KMERF vs PNC, USB: Return-on-Tangible-Equity Comparison
For the Banks - Regional subindustry, Komercni Banka AS'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.
Komercni Banka AS Return-on-Tangible-Equity vs Banks Industry
For the Banks industry and Financial Services sector, Komercni Banka AS's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Komercni Banka AS'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 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 13.04% mean?
Komercni Banka AS (KMERF) has a Return-on-Tangible-Equity of 13.04% 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 Komercni Banka AS and its competitors. This is 17% below median its historical median of 15.71. Over the past decade, Komercni Banka AS's Return-on-Tangible-Equity has ranged from 8.20 to 16.78. According to the industry distribution chart, Komercni Banka AS ranks #421 out of 1523 companies in the Banks industry, placing it in the top 27.6%.
Is Komercni Banka AS's Return-on-Tangible-Equity too high?
Komercni Banka AS's current Return-on-Tangible-Equity of 13.04% is 17% below median its 10-year median of 15.71. Over the past 10 years, this metric has ranged from a low of 8.20 to a high of 16.78. The Banks industry median Return-on-Tangible-Equity is 11.19. Komercni Banka AS's value of 13.04% is 16.5% above this industry median. Based on the distribution chart, Komercni Banka AS ranks #421 out of 1523 companies in the Banks industry, which is above the industry midpoint. Overall, Komercni Banka AS has a GF Score™ of 15/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Komercni Banka AS's Return-on-Tangible-Equity compare to PNC and USB?
According to the Banks industry distribution chart, Komercni Banka AS ranks #421 out of 1523 companies for Return-on-Tangible-Equity. This puts Komercni Banka AS in the upper half of its industry. The industry median Return-on-Tangible-Equity is 11.19. Komercni Banka AS's value of 13.04% is 16.5% above this benchmark. Historically, Komercni Banka AS's own Return-on-Tangible-Equity has ranged from 8.20 to 16.78 over the past decade. While the company's 10-year median is 15.71 vs. the industry median of 11.19, Komercni Banka AS 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 Banks company?
The median Return-on-Tangible-Equity among Banks companies is 11.19, based on 1,523 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. Komercni Banka AS's current Return-on-Tangible-Equity of 13.04% is 16.5% 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 Komercni Banka AS and its competitors. For the Banks industry, the median Return-on-Tangible-Equity is 11.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Komercni Banka AS's current Return-on-Tangible-Equity is 13.04%, which is 17% below median its own 10-year median of 15.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Komercni Banka AS stock overvalued right now?
Based on GuruFocus' analysis, Komercni Banka AS (KMERF) is currently considered Fairly Valued. The stock's GF Value™ is $43.85, compared to a current price of $47.23 — trading 7.7% above its estimated fair value. The current Return-on-Tangible-Equity is 13.04%, which is 17% below median its 10-year median of 15.71 and 16.5% above the Banks industry median of 11.19. Komercni Banka AS's overall GF Score™ is 15/100 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 Komercni Banka AS (KMERF), the current Return-on-Tangible-Equity is 13.04% 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 Komercni Banka AS (KMERF) Overvalued in 2026?
Based on GuruFocus' analysis, Komercni Banka AS stock appears to be overvalued.
The current stock price of $47.23 is trading 7.7% above its estimated GF Value™ of $43.85.
GuruFocus considers Komercni Banka AS to be Fairly Valued.
Key valuation signals for KMERF:
Return-on-Tangible-Equity: 13.04% (17% below median its 10-year median of 15.71)
GF Value™: $43.85 vs. price of $47.23 (7.7% above fair value)
Industry Position: 16.5% above the Banks median (#421 of 1523)
No single metric tells the full story. See the KMERF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Komercni Banka AS is a universal bank providing a wide range of retail, corporate, and investment banking activities. These activities are complemented by other specialized services, including pension insurance, building savings, leasing, factoring, consumer loans, insurance, and services of fintech companies. The Group has the following operating segments: i) Retail Banking: includes the provision of products and services to individuals, ii) Corporate Banking: includes the provision of products and services to corporate entities, iii) Investment Banking: involves trading in financial instruments; and iv) Other: consists of the head office of the Bank. The majority of the revenue is derived from the Retail banking segment.
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