CNM (Core & Main) ROE % Adjusted to Book Value: 6.99% (As of Jul. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Founder & CEO of GuruFocus
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.

CNM Core & Main Inc CNM
87 GF Score
Price $40.85
GF Value $55.37
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Core & Main ROE % Adjusted to Book Value?

Core & Main CNM -1.80% 87 ROE % Adjusted to Book Value is 6.99% as of Jul. 2026. GuruFocus rates CNM with a GF Score™ of 87/100 and a GF Value™ of $55.37 (Modestly Undervalued). The stock has 2 warning signs investors should review.

Core & Main's ROE % for the quarter that ended in Jul. 2026 was 28.30%. Core & Main's PB Ratio for the quarter that ended in Jul. 2026 was 4.05. Core & Main's ROE % Adjusted to Book Value for the quarter that ended in Jul. 2026 was 6.99%.


Core & Main ROE % Adjusted to Book Value Related Terms


Core & Main ROE % Adjusted to Book Value Historical Data

* Premium members only.

The historical data trend for Core & Main's ROE % Adjusted to Book Value 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.

Core & Main ROE % Adjusted to Book Value Chart

Core & Main Annual Data
Trend Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
ROE % Adjusted to Book Value
Get a 7-Day Free Trial 5.14 10.93 4.25 4.14 4.74

Core & Main Quarterly Data
Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26 Jul26
ROE % Adjusted to Book Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.59 5.66 2.80 4.61 6.99

CNM vs POOL, MSM, XMTR: ROE % Adjusted to Book Value Comparison

For the Industrial Distribution subindustry, Core & Main's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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.


Core & Main ROE % Adjusted to Book Value vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Core & Main's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Core & Main's ROE % Adjusted to Book Value falls into.


CNM
87GF Score
Core & Main Inc CNM
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Core & Main ROE % Adjusted to Book Value Calculation

Core & Main's ROE % Adjusted to Book Value for the fiscal year that ended in Jan. 2026 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=23.87% / 5.04
=4.74%

Core & Main's ROE % Adjusted to Book Value for the quarter that ended in Jul. 2026 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=28.30% / 4.05
=6.99%

* 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.

What does a ROE % Adjusted to Book Value of 6.99% mean?
Core & Main (CNM) has a ROE % Adjusted to Book Value of 6.99% as of Jul. 2026. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Core & Main and its competitors.
Is Core & Main's ROE % Adjusted to Book Value too high?
Core & Main's current ROE % Adjusted to Book Value is 6.99%. Overall, Core & Main has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Core & Main's ROE % Adjusted to Book Value compare to POOL and MSM?
Core & Main's ROE % Adjusted to Book Value of 6.99% can be compared against companies in the Industrial Distribution industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % Adjusted to Book Value for an Industrial Distribution company?
A good ROE % Adjusted to Book Value depends on the Industrial Distribution industry context. However, ROE % Adjusted to Book Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % Adjusted to Book Value mean?
A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Core & Main and its competitors. Core & Main's current ROE % Adjusted to Book Value is 6.99%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Core & Main stock overvalued right now?
Based on GuruFocus' analysis, Core & Main (CNM) is currently considered Modestly Undervalued. The stock's GF Value™ is $55.37, compared to a current price of $40.85 — trading 26.2% below its estimated fair value. The current ROE % Adjusted to Book Value is 6.99%. Core & Main's overall GF Score™ is 87/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For Core & Main (CNM), the current ROE % Adjusted to Book Value is 6.99% as of Jul. 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 Core & Main (CNM) Overvalued in 2026?

Based on GuruFocus' analysis, Core & Main stock appears to be undervalued. The current stock price of $40.85 is trading 26.2% below its estimated GF Value™ of $55.37. GuruFocus considers Core & Main to be Modestly Undervalued.

Key valuation signals for CNM:

  • ROE % Adjusted to Book Value: 6.99%
  • GF Value™: $55.37 vs. price of $40.85 (26.2% below fair value)
  • GF Score™: 87/100 with 2 warning signs

No single metric tells the full story. See the CNM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Core & Main Business Description

Address 1830 Craig Park Court, Saint Louis, MO, USA, 63146
Core & Main is a leading specialty distributor with a focus on water, wastewater, storm drainage, and fire protection products. The company provides solutions to municipalities, private water companies, and professional contractors across municipal, nonresidential, and residential end markets. The company's specialty products and services are used in the maintenance, repair, replacement, and construction of water and fire protection infrastructure.
87GF Score

Get the complete analysis for CNM

ROE % Adjusted to Book Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$40.85
Price
$55.37
GF Value