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.
BUA CementNSA:BUACEMENT 88 Return-on-Tangible-Equity is 92.70% as of Mar. 2026, which is 336% above its 10-year median of 21.27. GuruFocus rates NSA:BUACEMENT with a GF Score™ of 88/100 and a GF Value™ of ₦544.27 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 398 Building Materials companies, BUA Cement ranks better than 97.24% 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. BUA Cement's annualized net income for the quarter that ended in Mar. 2026 was ₦705,510 Mil. BUA Cement's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₦761,088 Mil. Therefore, BUA Cement's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 92.70%.
The historical rank and industry rank for BUA Cement's Return-on-Tangible-Equity or its related term are showing as below:
NSA:BUACEMENT'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 17.44 Med: 21.27 Max: 71.18
Current: 71.18
During the past 6 years, BUA Cement's highest Return-on-Tangible-Equity was 71.18%. The lowest was 17.44%. And the median was 21.27%.
NSA:BUACEMENT's Return-on-Tangible-Equity is ranked better than 97.24% of 398
companies
in the Building Materials industry
Industry Median: 5.055
vs NSA:BUACEMENT: 71.18
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.
BUA Cement Return-on-Tangible-Equity Related Terms
BUA Cement Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for BUA Cement'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.
NSA:BUACEMENT vs CRH, VMC, MLM: Return-on-Tangible-Equity Comparison
For the Building Materials subindustry, BUA Cement'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.
BUA Cement Return-on-Tangible-Equity vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, BUA Cement's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where BUA Cement'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 92.70% mean?
BUA Cement (NSA:BUACEMENT) has a Return-on-Tangible-Equity of 92.70% 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 BUA Cement and its competitors. This is 336% above median its historical median of 21.27. Over the past decade, BUA Cement's Return-on-Tangible-Equity has ranged from 17.44 to 71.18. According to the industry distribution chart, BUA Cement ranks #11 out of 398 companies in the Building Materials industry, placing it in the top 2.8%.
Is BUA Cement's Return-on-Tangible-Equity too high?
BUA Cement's current Return-on-Tangible-Equity of 92.70% is 336% above median its 10-year median of 21.27. Over the past 10 years, this metric has ranged from a low of 17.44 to a high of 71.18. The Building Materials industry median Return-on-Tangible-Equity is 5.06. BUA Cement's value of 92.70% is 1733.8% above this industry median. Based on the distribution chart, BUA Cement ranks #11 out of 398 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers. Overall, BUA Cement has a GF Score™ of 88/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does BUA Cement's Return-on-Tangible-Equity compare to CRH and VMC?
According to the Building Materials industry distribution chart, BUA Cement ranks #11 out of 398 companies for Return-on-Tangible-Equity. This places BUA Cement in the top 3% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.06. BUA Cement's value of 92.70% is 1733.8% above this benchmark. Historically, BUA Cement's own Return-on-Tangible-Equity has ranged from 17.44 to 71.18 over the past decade. While the company's 10-year median is 21.27 vs. the industry median of 5.06, BUA Cement 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 Building Materials company?
The median Return-on-Tangible-Equity among Building Materials companies is 5.06, based on 398 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. BUA Cement's current Return-on-Tangible-Equity of 92.70% is 1733.8% 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 BUA Cement and its competitors. For the Building Materials industry, the median Return-on-Tangible-Equity is 5.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BUA Cement's current Return-on-Tangible-Equity is 92.70%, which is 336% above median its own 10-year median of 21.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BUA Cement stock overvalued right now?
Based on GuruFocus' analysis, BUA Cement (NSA:BUACEMENT) is currently considered Significantly Undervalued. The stock's GF Value™ is ₦544.27, compared to a current price of ₦324.00 — trading 40.5% below its estimated fair value. The current Return-on-Tangible-Equity is 92.70%, which is 336% above median its 10-year median of 21.27 and 1733.8% above the Building Materials industry median of 5.06. BUA Cement's overall GF Score™ is 88/100 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 BUA Cement (NSA:BUACEMENT), the current Return-on-Tangible-Equity is 92.70% 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 BUA Cement (NSA:BUACEMENT) Overvalued in 2026?
Based on GuruFocus' analysis, BUA Cement stock appears to be undervalued.
The current stock price of ₦324.00 is trading 40.5% below its estimated GF Value™ of ₦544.27.
GuruFocus considers BUA Cement to be Significantly Undervalued.
Key valuation signals for NSA:BUACEMENT:
Return-on-Tangible-Equity: 92.70% (336% above median its 10-year median of 21.27)
GF Value™: ₦544.27 vs. price of ₦324.00 (40.5% below fair value)
Industry Position: 1733.8% above the Building Materials median (#11 of 398)
No single metric tells the full story. See the NSA:BUACEMENT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
BUA Cement PLC is engaged in the manufacturing and sale of cement to the general public. The company generates revenue from the sale of bagged cement and sale of bulk cement. Geographically the company generates the majority of its revenue in Nigeria.
88GF Score
Get the complete analysis for NSA:BUACEMENT
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
NSA:BUACEMENT has been successfully added to your 
