Cemat ASOCSE:CEMAT +2.45%71 Return-on-Tangible-Equity is 44.48% as of Dec. 2025, which is 671% above its 10-year median of 5.77. GuruFocus rates OCSE:CEMAT with a GF Score™ of 71/100 and a GF Value™ of kr4.94 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 1,717 Real Estate companies, Cemat AS ranks better than 93.59% 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. Cemat AS's annualized net income for the quarter that ended in Dec. 2025 was kr96.0 Mil. Cemat AS's average shareholder tangible equity for the quarter that ended in Dec. 2025 was kr215.7 Mil. Therefore, Cemat AS's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 44.48%.
The historical rank and industry rank for Cemat AS's Return-on-Tangible-Equity or its related term are showing as below:
OCSE:CEMAT'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -26.95 Med: 5.77 Max: 30.51
Current: 30.51
During the past 13 years, Cemat AS's highest Return-on-Tangible-Equity was 30.51%. The lowest was -26.95%. And the median was 5.77%.
OCSE:CEMAT's Return-on-Tangible-Equity is ranked better than 93.59% of 1717
companies
in the Real Estate industry
Industry Median: 4.27
vs OCSE:CEMAT: 30.51
Cemat AS (OCSE:CEMAT) 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.
Cemat AS Return-on-Tangible-Equity Related Terms
Cemat AS Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Cemat 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.
OCSE:CEMAT vs CBRE, BEKE, JLL: Return-on-Tangible-Equity Comparison
For the Real Estate Services subindustry, Cemat 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.
Cemat AS Return-on-Tangible-Equity vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Cemat AS's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Cemat 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 two times the semi-annual (Dec. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 44.48% mean?
Cemat AS (OCSE:CEMAT) has a Return-on-Tangible-Equity of 44.48% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Cemat AS and its competitors. This is 671% above median its historical median of 5.77. According to the industry distribution chart, Cemat AS ranks #110 out of 1717 companies in the Real Estate industry, placing it in the top 6.4%.
Is Cemat AS's Return-on-Tangible-Equity too high?
Cemat AS's current Return-on-Tangible-Equity of 44.48% is 671% above median its 10-year median of 5.77. The Real Estate industry median Return-on-Tangible-Equity is 4.27. Cemat AS's value of 44.48% is 941.7% above this industry median. Based on the distribution chart, Cemat AS ranks #110 out of 1717 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Cemat AS has a GF Score™ of 71/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Cemat AS's Return-on-Tangible-Equity compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Cemat AS ranks #110 out of 1717 companies for Return-on-Tangible-Equity. This places Cemat AS in the top 6% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 4.27. Cemat AS's value of 44.48% is 941.7% above this benchmark. While the company's 10-year median is 5.77 vs. the industry median of 4.27, Cemat 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 Real Estate company?
The median Return-on-Tangible-Equity among Real Estate companies is 4.27, based on 1,717 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. Cemat AS's current Return-on-Tangible-Equity of 44.48% is 941.7% 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 Cemat AS and its competitors. For the Real Estate industry, the median Return-on-Tangible-Equity is 4.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cemat AS's current Return-on-Tangible-Equity is 44.48%, which is 671% above median its own 10-year median of 5.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cemat AS stock overvalued right now?
Based on GuruFocus' analysis, Cemat AS (OCSE:CEMAT) is currently considered Possible Value Trap. The stock's GF Value™ is kr4.94, compared to a current price of kr0.84 — trading 83.1% below its estimated fair value. The current Return-on-Tangible-Equity is 44.48%, which is 671% above median its 10-year median of 5.77 and 941.7% above the Real Estate industry median of 4.27. Cemat AS's overall GF Score™ is 71/100 with 2 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 Cemat AS (OCSE:CEMAT), the current Return-on-Tangible-Equity is 44.48% as of Dec. 2025. 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 Cemat AS (OCSE:CEMAT) Overvalued in 2026?
Based on GuruFocus' analysis, Cemat AS stock appears to be undervalued.
The current stock price of kr0.84 is trading 83.1% below its estimated GF Value™ of kr4.94.
GuruFocus considers Cemat AS to be Possible Value Trap.
Key valuation signals for OCSE:CEMAT:
Return-on-Tangible-Equity: 44.48% (671% above median its 10-year median of 5.77)
GF Value™: kr4.94 vs. price of kr0.84 (83.1% below fair value)
Industry Position: 941.7% above the Real Estate median (#110 of 1717)
No single metric tells the full story. See the OCSE:CEMAT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cemat AS is a Denmark-based holding company that engages in the real estate business. The Group comprises two segments that is Property management division comprising letting of premises and land and the provision of utilities to tenants, including power, water, natural gas, facility services, etc. and the other is Property development including the preparation and implementation of development projects, in the field of housing and commercial space. The company derives maximum revenue from Property Management & Holding Segment.
71GF Score
Get the complete analysis for OCSE:CEMAT
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
OCSE:CEMAT has been successfully added to your 
