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.
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.
Combined Group Contracting K CKUW:CGC 77 Return-on-Tangible-Equity is 9.12% as of Mar. 2026, which is 32% below its 10-year median of 13.43. GuruFocus rates KUW:CGC with a GF Score™ of 77/100 and a GF Value™ of KWD1.07 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,712 Construction companies, Combined Group Contracting K C ranks better than 80.26% 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. Combined Group Contracting K C's annualized net income for the quarter that ended in Mar. 2026 was KWD6.5 Mil. Combined Group Contracting K C's average shareholder tangible equity for the quarter that ended in Mar. 2026 was KWD71.7 Mil. Therefore, Combined Group Contracting K C's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 9.12%.
The historical rank and industry rank for Combined Group Contracting K C's Return-on-Tangible-Equity or its related term are showing as below:
KUW:CGC'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -21.07 Med: 13.43 Max: 24.01
Current: 23.88
During the past 13 years, Combined Group Contracting K C's highest Return-on-Tangible-Equity was 24.01%. The lowest was -21.07%. And the median was 13.43%.
KUW:CGC's Return-on-Tangible-Equity is ranked better than 80.26% of 1712
companies
in the Construction industry
Industry Median: 8.235
vs KUW:CGC: 23.88
Combined Group Contracting K C (KUW:CGC) 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.
Combined Group Contracting K C Return-on-Tangible-Equity Related Terms
Combined Group Contracting K C Return-on-Tangible-Equity 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.
Combined Group Contracting K C Return-on-Tangible-Equity Chart
KUW:CGC vs PWR, FIX, EME: Return-on-Tangible-Equity Comparison
For the Engineering & Construction subindustry, Combined Group Contracting K C'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.
Combined Group Contracting K C Return-on-Tangible-Equity vs Construction Industry
For the Construction industry and Industrials sector, Combined Group Contracting K C's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Combined Group Contracting K C'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 9.12% mean?
Combined Group Contracting K C (KUW:CGC) has a Return-on-Tangible-Equity of 9.12% 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 Combined Group Contracting K C and its competitors. This is 32% below median its historical median of 13.43. According to the industry distribution chart, Combined Group Contracting K C ranks #338 out of 1712 companies in the Construction industry, placing it in the top 19.7%.
Is Combined Group Contracting K C's Return-on-Tangible-Equity too high?
Combined Group Contracting K C's current Return-on-Tangible-Equity of 9.12% is 32% below median its 10-year median of 13.43. The Construction industry median Return-on-Tangible-Equity is 8.24. Combined Group Contracting K C's value of 9.12% is 10.7% above this industry median. Based on the distribution chart, Combined Group Contracting K C ranks #338 out of 1712 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Combined Group Contracting K C has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Combined Group Contracting K C's Return-on-Tangible-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, Combined Group Contracting K C ranks #338 out of 1712 companies for Return-on-Tangible-Equity. This places Combined Group Contracting K C in the top 20% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 8.24. Combined Group Contracting K C's value of 9.12% is 10.7% above this benchmark. While the company's 10-year median is 13.43 vs. the industry median of 8.24, Combined Group Contracting K C 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 Construction company?
The median Return-on-Tangible-Equity among Construction companies is 8.24, 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. Combined Group Contracting K C's current Return-on-Tangible-Equity of 9.12% is 10.7% 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 Combined Group Contracting K C and its competitors. For the Construction industry, the median Return-on-Tangible-Equity is 8.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Combined Group Contracting K C's current Return-on-Tangible-Equity is 9.12%, which is 32% below median its own 10-year median of 13.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Combined Group Contracting K C stock overvalued right now?
Based on GuruFocus' analysis, Combined Group Contracting K C (KUW:CGC) is currently considered Modestly Undervalued. The stock's GF Value™ is KWD1.07, compared to a current price of KWD0.93 — trading 12.7% below its estimated fair value. The current Return-on-Tangible-Equity is 9.12%, which is 32% below median its 10-year median of 13.43 and 10.7% above the Construction industry median of 8.24. Combined Group Contracting K C's overall GF Score™ is 77/100 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-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Combined Group Contracting K C (KUW:CGC), the current Return-on-Tangible-Equity is 9.12% 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 Combined Group Contracting K C (KUW:CGC) Overvalued in 2026?
Based on GuruFocus' analysis, Combined Group Contracting K C stock appears to be undervalued.
The current stock price of KWD0.93 is trading 12.7% below its estimated GF Value™ of KWD1.07.
GuruFocus considers Combined Group Contracting K C to be Modestly Undervalued.
Key valuation signals for KUW:CGC:
Return-on-Tangible-Equity: 9.12% (32% below median its 10-year median of 13.43)
GF Value™: KWD1.07 vs. price of KWD0.93 (12.7% below fair value)
Industry Position: 10.7% above the Construction median (#338 of 1712)
No single metric tells the full story. See the KUW:CGC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Combined Group Contracting K C Business Description
Combined Group Contracting SA K C is a Kuwait-based company engaged in the construction of residential, commercial, and governmental buildings, roads, and infrastructure, and oil and gas-related development projects. Its service centers are Ready Mix plant, Asphalt Factories, Heavy Equipment, and Service Centers. The Group is divided into functional divisions to manage its various lines of business. The Group operates mainly in the State of Kuwait and other Gulf countries. The Group's segments are: the State of Kuwait segment and the Gulf Countries segment. It generates the majority of its revenue from the State of Kuwait segment.
77GF Score
Get the complete analysis for KUW:CGC
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
KUW:CGC has been successfully added to your 
