Combined Motor Holdings (JSE:CMH) 3-Year RORE % : -2.03% (As of Feb. 2026)

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JSE:CMH Combined Motor Holdings Ltd JSE:CMH
92 GF Score
Price R39.90
GF Value R39.03
Valuation Fairly Valued
! 2 Warning Signs
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What is Combined Motor Holdings 3-Year RORE %?

Combined Motor Holdings JSE:CMH +1.01% 92 3-Year RORE % is -2.03 as of Feb. 2026. GuruFocus rates JSE:CMH with a GF Score™ of 92/100 and a GF Value™ of R39.03 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,249 Vehicles & Parts companies, Combined Motor Holdings ranks worse than 56.93% on this metric.

Return on Retained Earnings (RORE) is an indicator of a company's growth potential, it shows how much a company earns by reinvesting its retained earnings, i.e. profits after dividend payments. Combined Motor Holdings's 3-Year RORE % for the quarter that ended in Feb. 2026 was -2.03%.

The industry rank for Combined Motor Holdings's 3-Year RORE % or its related term are showing as below:

JSE:CMH's 3-Year RORE % is ranked worse than
56.93% of 1249 companies
in the Vehicles & Parts industry
Industry Median: 4.31 vs JSE:CMH: -2.03

Combined Motor Holdings  (JSE:CMH) 3-Year RORE % Explanation

Return on Retained Earnings (RORE) is important to investors because it reveals a company's efficiency and growth potential. A higher RORE indicates a higher return. A high RORE indicates that the company should reinvest profits into the business. A lower RORE suggests that the company should distribute profits to shareholders by paying out dividends, since those dollars aren't generating much additional growth for the company.

There are a several different ways to arrive at the Return on Retained Earnings. The simplest way to calculate it is by using published information on Earnings per Share (EPS) and Dividend per Share (DPS) over a selected period. Here, 3-year period is chosen.

Be Aware

Please keep in mind that the RORE is relative to the nature of the business and its competitors. If another company in the same sector is producing a lower return on retained earnings, it doesn’t necessarily mean it’s a bad investment. It may just suggest the company is older and no longer in a high growth stage. At such a stage in the business cycle, it would be expected to see a lower RORE and higher dividend payout.


Combined Motor Holdings 3-Year RORE % Related Terms


Combined Motor Holdings 3-Year RORE % Historical Data

* Premium members only.

The historical data trend for Combined Motor Holdings's 3-Year RORE % 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.

Combined Motor Holdings 3-Year RORE % Chart

Combined Motor Holdings Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 50.97 62.36 8.27 -43.86 -2.03

Combined Motor Holdings Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
3-Year RORE % 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 8.27 -26.45 -43.86 -25.45 -2.03

JSE:CMH vs CVNA, PAG, ALTB: 3-Year RORE % Comparison

For the Auto & Truck Dealerships subindustry, Combined Motor Holdings's 3-Year RORE %, along with its competitors' market caps and 3-Year RORE % 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.


Combined Motor Holdings 3-Year RORE % vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Combined Motor Holdings's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Combined Motor Holdings's 3-Year RORE % falls into.


JSE:CMH
92GF Score
Combined Motor Holdings Ltd JSE:CMH
3-Year RORE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Combined Motor Holdings 3-Year RORE % Calculation

Combined Motor Holdings's 3-Year RORE % for the quarter that ended in Feb. 2026 is calculated as:

3-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 3-year -Cumulative Dividends per Share for 3-year )
=( 5.249-5.359 )/( 14.574-9.156 )
=-0.11/5.418
=-2.03 %

* 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 3-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Feb. 2026 and 3-year before.

Frequently Asked Questions Learn more about 3-Year RORE % →
What does a 3-Year RORE % of -2.03 mean?
Combined Motor Holdings (JSE:CMH) has a 3-Year RORE % of -2.03 as of Feb. 2026. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on Combined Motor Holdings and its competitors. According to the industry distribution chart, Combined Motor Holdings ranks #711 out of 1249 companies in the Vehicles & Parts industry, placing it in the top 56.9%.
Is Combined Motor Holdings' 3-Year RORE % too high?
Combined Motor Holdings' current 3-Year RORE % is -2.03. Based on the distribution chart, Combined Motor Holdings ranks #711 out of 1249 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Combined Motor Holdings has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Combined Motor Holdings' 3-Year RORE % compare to CVNA and PAG?
According to the Vehicles & Parts industry distribution chart, Combined Motor Holdings ranks #711 out of 1249 companies for 3-Year RORE %. This places Combined Motor Holdings in the lower half of its industry. The industry median 3-Year RORE % is 4.31. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year RORE % for a Vehicles & Parts company?
The median 3-Year RORE % among Vehicles & Parts companies is 4.31, based on 1,249 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year RORE % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year RORE % 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 3-Year RORE % mean?
A high 3-Year RORE % can signal that a stock is expensive relative to its fundamentals. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on Combined Motor Holdings and its competitors. For the Vehicles & Parts industry, the median 3-Year RORE % is 4.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Combined Motor Holdings's current 3-Year RORE % is -2.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Combined Motor Holdings stock overvalued right now?
Based on GuruFocus' analysis, Combined Motor Holdings (JSE:CMH) is currently considered Fairly Valued. The stock's GF Value™ is R39.03, compared to a current price of R39.90 — trading 2.2% above its estimated fair value. The current 3-Year RORE % is -2.03. Combined Motor Holdings' overall GF Score™ is 92/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year RORE % calculated?
3-Year RORE % is calculated from a company's financial statements. For Combined Motor Holdings (JSE:CMH), the current 3-Year RORE % is -2.03 as of Feb. 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 Combined Motor Holdings (JSE:CMH) Overvalued in 2026?

Based on GuruFocus' analysis, Combined Motor Holdings stock appears to be overvalued. The current stock price of R39.90 is trading 2.2% above its estimated GF Value™ of R39.03. GuruFocus considers Combined Motor Holdings to be Fairly Valued.

Key valuation signals for JSE:CMH:

  • 3-Year RORE %: -2.03
  • GF Value™: R39.03 vs. price of R39.90 (2.2% above fair value)
  • GF Score™: 92/100 with 2 warning signs

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


Combined Motor Holdings Business Description

Address 1 Wilton Crescent, Umhlanga Ridge, Durban, ZAF, 4319
Combined Motor Holdings Ltd is a South Africa-based investment holding company engaged in motor retail and distribution, car hire, and financial services. The Company operates through four business segments: Motor Retail and Distribution, which generates maximum revenue and covers passenger, light commercial, and heavy commercial vehicles in both the volume and luxury categories; Car Hire, which offers a range of well-maintained vehicles for short- and long-term hire; Financial Services, which provides insurance underwriting facilities for products sold with new and used vehicles, including coverage for death, disability, dread disease, retrenchment, vehicle and component warranties, and vehicle financing through joint ventures with two finance houses; and Corporate Services and Other.
92GF Score

Get the complete analysis for JSE:CMH

3-Year RORE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R39.90
Price
R39.03
GF Value