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CMKTSE:6958 -2.77%70 Return-on-Tangible-Equity is 4.37% as of Mar. 2026, which is 9% below its 10-year median of 4.81. GuruFocus rates TSE:6958 with a GF Score™ of 70/100 and a GF Value™ of 円521.51 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 2,385 Hardware companies, CMK ranks worse than 50.19% 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. CMK's annualized net income for the quarter that ended in Mar. 2026 was 円3,444 Mil. CMK's average shareholder tangible equity for the quarter that ended in Mar. 2026 was 円78,811 Mil. Therefore, CMK's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 4.37%.
The historical rank and industry rank for CMK's Return-on-Tangible-Equity or its related term are showing as below:
TSE:6958'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -3.78 Med: 4.81 Max: 7.28
Current: 5.27
During the past 13 years, CMK's highest Return-on-Tangible-Equity was 7.28%. The lowest was -3.78%. And the median was 4.81%.
TSE:6958's Return-on-Tangible-Equity is ranked worse than 50.19% of 2385
companies
in the Hardware industry
Industry Median: 5.32
vs TSE:6958: 5.27
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.
CMK Return-on-Tangible-Equity Related Terms
CMK Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for CMK'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.
TSE:6958 vs APH, GLW: Return-on-Tangible-Equity Comparison
For the Electronic Components subindustry, CMK'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.
CMK Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, CMK's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where CMK'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 4.37% mean?
CMK (TSE:6958) has a Return-on-Tangible-Equity of 4.37% 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 CMK and its competitors. This is near median its historical median of 4.81. According to the industry distribution chart, CMK ranks #1197 out of 2385 companies in the Hardware industry, placing it in the top 50.2%.
Is CMK's Return-on-Tangible-Equity too high?
CMK's current Return-on-Tangible-Equity of 4.37% is near median its 10-year median of 4.81. The Hardware industry median Return-on-Tangible-Equity is 5.32. CMK's value of 4.37% is 17.9% below this industry median. Based on the distribution chart, CMK ranks #1197 out of 2385 companies in the Hardware industry, which is below the industry midpoint. Overall, CMK has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CMK's Return-on-Tangible-Equity compare to APH and GLW?
According to the Hardware industry distribution chart, CMK ranks #1197 out of 2385 companies for Return-on-Tangible-Equity. This places CMK in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.32. CMK's value of 4.37% is 17.9% below this benchmark. While the company's 10-year median is 4.81 vs. the industry median of 5.32, CMK has consistently been below 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 Hardware company?
The median Return-on-Tangible-Equity among Hardware companies is 5.32, based on 2,385 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. CMK's current Return-on-Tangible-Equity of 4.37% is 17.9% below 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 CMK and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CMK's current Return-on-Tangible-Equity is 4.37%, which is near median its own 10-year median of 4.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CMK stock overvalued right now?
Based on GuruFocus' analysis, CMK (TSE:6958) is currently considered Modestly Overvalued. The stock's GF Value™ is 円521.51, compared to a current price of 円668.00 — trading 28.1% above its estimated fair value. The current Return-on-Tangible-Equity is 4.37%, which is near median its 10-year median of 4.81 and 17.9% below the Hardware industry median of 5.32. CMK's overall GF Score™ is 70/100 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 CMK (TSE:6958), the current Return-on-Tangible-Equity is 4.37% 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 CMK (TSE:6958) Overvalued in 2026?
Based on GuruFocus' analysis, CMK stock appears to be overvalued.
The current stock price of 円668.00 is trading 28.1% above its estimated GF Value™ of 円521.51.
GuruFocus considers CMK to be Modestly Overvalued.
Key valuation signals for TSE:6958:
Return-on-Tangible-Equity: 4.37% (near median its 10-year median of 4.81)
GF Value™: 円521.51 vs. price of 円668.00 (28.1% above fair value)
Industry Position: 17.9% below the Hardware median (#1197 of 2385)
No single metric tells the full story. See the TSE:6958 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CMK Corp engages in manufacturing, development, production, and marketing of printed circuit boards and electronic devices for a consumer and industrial use. Its product portfolio includes super fine PPBU, Craft, SEPT series, Zerowarp, CMK automotive printed wiring board, Cu inlay printed wiring board, Rigid Flex Series, ALIVH series, E-Spec environmentally friendly printed wiring boards, IVH multilayer printed wiring boards, through-hole multilayer printed wiring boards, and Double sided through-hole printed wiring boards. Its products are used in automobiles, digital cameras, video cameras, mobile communication devices, and audio-video visual equipments.
70GF Score
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