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Commercial National Financial (MI)CEFC 60 ROA % is 1.18% as of Dec. 2025, which is 10% above its 10-year median of 1.07. GuruFocus rates CEFC with a GF Score™ of 60/100 and a GF Value™ of $10.26 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,529 Banks companies, Commercial National Financial (MI) ranks better than 62.92% on this metric.
CEFC's ROA % is ranked better than 62.92% of 1529
companies
in the Banks industry
Industry Median: 0.98
vs CEFC: 1.18
Commercial National Financial (MI) (OTCPK:CEFC) ROA % Explanation
ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A banks ROA % is typically well under 2%.
Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:
Note:
The Net Income data used here is one times the annual (Dec. 2025) net income data. The Revenue data used here is one times the annual (Dec. 2025) revenue 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.
Be Aware
Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.
E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.
Commercial National Financial (MI) ROA % Related Terms
Commercial National Financial (MI) ROA % 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.
For the Banks - Regional subindustry, Commercial National Financial (MI)'s ROA %, along with its competitors' market caps and ROA % 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.
Commercial National Financial (MI) ROA % vs Banks Industry
For the Banks industry and Financial Services sector, Commercial National Financial (MI)'s ROA % distribution charts can be found below:
* The bar in red indicates where Commercial National Financial (MI)'s ROA % 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 ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is one times the annual (Dec. 2025) net income data.
ROA % is displayed in the 30-year financial page.
Commercial National Financial (MI) (CEFC) has a ROA % of 1.18% as of Dec. 2025. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Commercial National Financial (MI) and its competitors. This is 10% above median its historical median of 1.07. Over the past decade, Commercial National Financial (MI)'s ROA % has ranged from 0.83 to 1.32. According to the industry distribution chart, Commercial National Financial (MI) ranks #567 out of 1529 companies in the Banks industry, placing it in the top 37.1%.
Is Commercial National Financial (MI)'s ROA % too high?
Commercial National Financial (MI)'s current ROA % of 1.18% is 10% above median its 10-year median of 1.07. Over the past 10 years, this metric has ranged from a low of 0.83 to a high of 1.32. The Banks industry median ROA % is 0.98. Commercial National Financial (MI)'s value of 1.18% is 20.4% above this industry median. Based on the distribution chart, Commercial National Financial (MI) ranks #567 out of 1529 companies in the Banks industry, which is above the industry midpoint. Overall, Commercial National Financial (MI) has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Commercial National Financial (MI)'s ROA % compare to FMFG and BAOB?
According to the Banks industry distribution chart, Commercial National Financial (MI) ranks #567 out of 1529 companies for ROA %. This puts Commercial National Financial (MI) in the upper half of its industry. The industry median ROA % is 0.98. Commercial National Financial (MI)'s value of 1.18% is 20.4% above this benchmark. Historically, Commercial National Financial (MI)'s own ROA % has ranged from 0.83 to 1.32 over the past decade. While the company's 10-year median is 1.07 vs. the industry median of 0.98, Commercial National Financial (MI) 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 ROA % for a Banks company?
The median ROA % among Banks companies is 0.98, based on 1,529 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Commercial National Financial (MI)'s current ROA % of 1.18% is 20.4% 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Commercial National Financial (MI) and its competitors. For the Banks industry, the median ROA % is 0.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Commercial National Financial (MI)'s current ROA % is 1.18%, which is 10% above median its own 10-year median of 1.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Commercial National Financial (MI) stock overvalued right now?
Based on GuruFocus' analysis, Commercial National Financial (MI) (CEFC) is currently considered Significantly Overvalued. The stock's GF Value™ is $10.26, compared to a current price of $15.05 — trading 46.7% above its estimated fair value. The current ROA % is 1.18%, which is 10% above median its 10-year median of 1.07 and 20.4% above the Banks industry median of 0.98. Commercial National Financial (MI)'s overall GF Score™ is 60/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Commercial National Financial (MI) (CEFC), the current ROA % is 1.18% 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 Commercial National Financial (MI) (CEFC) Overvalued in 2026?
Based on GuruFocus' analysis, Commercial National Financial (MI) stock appears to be overvalued.
The current stock price of $15.05 is trading 46.7% above its estimated GF Value™ of $10.26.
GuruFocus considers Commercial National Financial (MI) to be Significantly Overvalued.
Key valuation signals for CEFC:
ROA %: 1.18% (10% above median its 10-year median of 1.07)
GF Value™: $10.26 vs. price of $15.05 (46.7% above fair value)
Industry Position: 20.4% above the Banks median (#567 of 1529)
No single metric tells the full story. See the CEFC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Commercial National Financial (MI) Business Description
Commercial National Financial Corp (MI) is a one-bank holding company which conducts limited business activities. The Bank performs the majority of business activities. The Bank provides a full range of banking services to individuals, agricultural businesses, commercial businesses and light industries located in its service area. It maintains a diversified loan portfolio, including loans to individuals for home mortgages, automobiles and personal expenditures, and loans to business enterprises for current operations and expansion. The Bank offers a variety of deposit products, including checking, savings, certificates of deposit, and individual retirement accounts.
60GF Score
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