Cmc.Bk
CMC.BK operates in the Real Estate Rental, Development & Operations industry, generating revenue primarily through real estate rental income and property development activities.
Business. CMC.BK operates in the Real Estate Rental, Development & Operations industry, generating revenue primarily through real estate rental income and property development activities.
At a glance
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- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
Signals & dispatch
Composite-score breakdown
Synthesis
CMC.BK operates in the Real Estate Rental, Development & Operations industry, generating revenue primarily through real estate rental income and property development activities.
The company's capital structure is characterized by a high debt-to-equity ratio of 1.97, indicating a significant reliance on debt financing. Liquidity is assessed as medium, with a current ratio of 1.32, suggesting the company has sufficient short-term assets to cover its short-term liabilities, but with limited buffer. Free cash flow stands at 97.5 million THB, which is lower than the operating cash flow of 211.9 million THB, reflecting capital expenditures of 7.8 million THB.
Profitability metrics show a return on equity (ROE) of 0.84% and a return on assets (ROA) of 0.26%, both of which are below the typical thresholds for healthy performance in the real estate sector. These figures suggest that the company is not generating strong returns relative to its equity and asset base. The operating income of 527.3 million THB and net income of 18.5 million THB indicate a narrow margin, which may be a concern in a capital-intensive industry.
The company's revenue is concentrated in a single business segment, as disclosed in its financial statements, with no material geographic diversification reported. This lack of diversification could expose the company to regional economic downturns or regulatory changes that affect its primary market.
Looking ahead, the company's growth trajectory appears modest. The outlook for the current fiscal year does not indicate a significant increase in revenue, and the next fiscal year is expected to show only a marginal improvement. The company's capital expenditures are relatively low, which may suggest a conservative approach to expansion or a focus on maintaining existing assets.
Risk factors include the company's high debt load, which could limit its financial flexibility and increase vulnerability to interest rate fluctuations. The risk assessment indicates a low probability of dilution, but the presence of long-term debt at 4.33 billion THB raises concerns about liquidity and refinancing risks. The company's net cash position is negative after accounting for total debt, which could impact its ability to fund operations or invest in growth opportunities.
Recent events, as disclosed in the latest financial filings, do not highlight any major corporate actions or strategic shifts. The company has not issued new shares or announced significant capital raising activities, which aligns with the low dilution risk assessment.
- The company has a high debt-to-equity ratio, indicating a heavy reliance on debt financing.
- ROE and ROA are below typical thresholds for the real estate sector, suggesting weak profitability.
- The company's revenue is concentrated in a single business segment with no material geographic diversification.
- Growth is expected to be modest, with only marginal improvements in revenue for the next fiscal year.
- The company's liquidity is medium, with a current ratio of 1.32 and a negative net cash position after debt.
Bull / Bear case
analysis pipelineIn focus — financials by report
Valuation
Revenue by segment
Business relationships
Supply chain
Peer comparison
Market position
Stress test
Predictor forecast
Options
Short squeeze
Earnings-call key lines
Estimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
ESG
Risk factors
- Net cash is negative after subtracting total debt.
Benchmarks vs cohort
Corporate actions / M&A
FX exposure
Comparable transactions
Derivatives & instruments
Physical assets
17 tracked| Asset | Type | Commodity | Country | Role |
|---|---|---|---|---|
| CMC Alabama steel plant | Steel plant | Steel | United States | Registered owner |
| CMC Alabama steel plant | Steel plant | Steel | United States | Parent |
| CMC Arizona steel plant | Steel plant | Steel | United States | Parent |
| CMC Arizona steel plant | Steel plant | Steel | United States | Registered owner |
| CMC South Carolina steel plant | Steel plant | Steel | United States | Registered owner |
| CMC South Carolina steel plant | Steel plant | Steel | United States | Parent |
| CMC Steel Florida plant | Steel plant | Steel | United States | Parent |
| CMC Steel Florida plant | Steel plant | Steel | United States | Registered owner |
| CMC Steel New Jersey plant | Steel plant | Steel | United States | Registered owner |
| CMC Steel New Jersey plant | Steel plant | Steel | United States | Parent |
| CMC Steel Texas plant | Steel plant | Steel | United States | Parent |
| CMC Steel Texas plant | Steel plant | Steel | United States | Registered owner |
| CMC Tennessee steel plant | Steel plant | Steel | United States | Registered owner |
| CMC Tennessee steel plant | Steel plant | Steel | United States | Parent |
| CMC West Virginia steel plant | Steel plant | Steel | United States | Parent |
| CMC West Virginia steel plant | Steel plant | Steel | United States | Registered owner |
| CMC Zawiercie steel plant | Steel plant | Steel | Poland | Parent |
Actions
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- ESG data
- Dilution Ratio(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
- Net Cashcash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
- Capex To Revenuecapital_expenditure / revenue
- Return On Equitynet_income / total_equity
- Debt To Equity(short_term_debt + long_term_debt) / total_equity
- Cash Conversion Ratiooperating_cash_flow / net_income
- CMC.BK Market data — financials · 2026-05-27
Ownership & reference
Top holders
- Investment Managers · as of 2026-03-310,08 %$407M
- Investment Managers · as of 2026-03-310,08 %$131M
- Investment Managers · as of 2026-03-310,04 %$98M
- Investment Managers · as of 2026-03-310,03 %$126M
- Investment Managers · as of 2026-03-310,03 %$53M
- Investment Managers · as of 2026-03-310,02 %$41M
- Funds · as of 2026-03-310,02 %$127M
- Investment Managers · as of 2024-06-300,02 %$807M
- Investment Managers · as of 2026-03-310,02 %$0M
- Institutional Investor · as of 2026-03-310,02 %$305M
- Investment Managers · as of 2026-03-310,02 %$447M
- Institutional Investor · as of 2026-03-310,02 %$31M
- Investment Managers · as of 2026-03-310,01 %$97M
- Investment Managers · as of 2024-12-310,01 %$48M
- Investment Managers · as of 2026-03-310,01 %$207M
- Investment Managers · as of 2026-03-310,01 %$93M
- Investment Managers · as of 2026-03-310,01 %$93M
- Investment Managers · as of 2025-12-310,01 %$778M
- Institutional Investor · as of 2026-03-310,01 %$60M
- Investment Managers · as of 2026-03-310,01 %$54M
- Institutional Investor · as of 2026-03-310,01 %$31M
- Institutional Investor · as of 2022-09-300,01 %$0M
- Investment Managers · as of 2026-03-310,01 %$86M
- Investment Managers · as of 2026-03-310,00 %$15M
- Investment Managers · as of 2026-03-310,00 %$23M
- Brokerage Firms · as of 2026-03-310,00 %$21M
- Brokerage Firms · as of 2026-03-310,00 %$7M
- Investment Managers · as of 2026-03-310,00 %$5M
- Investment Managers · as of 2026-03-310,00 %$2M
- Investment Managers · as of 2026-03-310,00 %$2M
- Investment Managers · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$1M
- Institutional Investor · as of 2026-03-310,00 %$1M
Insider activity
- Director · Common StockOther 7 @ $67,41$472 · 2026-07-15
- Director · Common StockOther 42 @ $67,41$3K · 2026-07-15
- Director · Common StockOther 4 @ $67,41$270 · 2026-07-15
- Director · Common StockOther 19 @ $67,41$1K · 2026-07-15
- Director · Common StockOther 22 @ $67,41$1K · 2026-07-15
- Director, President and CEO · Common StockBought 8 230 @ $61,30$504K · 2026-07-10
- Director · Common StockOther 592 @ $61,21$36K · 2026-07-01
- Director · Common StockOther 592 @ $61,21$36K · 2026-07-01
- Director · Common StockOther 1 214 @ $71,14$86K · 2026-06-23
- Director · Common StockOther 22 @ $64,91$1K · 2026-04-15
- Director · Common StockOther 7 @ $64,91$454 · 2026-04-15
- Director · Common StockOther 42 @ $64,91$3K · 2026-04-15
- Director · Common StockOther 4 @ $64,91$260 · 2026-04-15
- Director · Common StockOther 19 @ $64,91$1K · 2026-04-15
- Director, President and CEO · Common StockOther 4 685 @ $65,57$307K · 2026-04-10
- Director · Common StockOther 576 @ $62,87$36K · 2026-04-01
- Director · Common StockOther 576 @ $62,87$36K · 2026-04-01
- Fmr. Chief HR & Comm. Officer · Common StockSold 25 050 @ $79,97$2,0M · 2026-02-03
- Director · Common StockOther 31 @ $80,38$2K · 2026-02-02
- Director · Common StockOther 5 @ $80,38$402 · 2026-02-02
- Director · Common StockOther 3 @ $80,38$241 · 2026-02-02
- Director · Common StockOther 14 @ $80,38$1K · 2026-02-02
- Director · Common StockOther 17 @ $80,38$1K · 2026-02-02
- VP & Chief Accounting Officer · Common StockOther 200 · 2026-01-23
- Director · Common StockBought 2 000 @ $74,69$149K · 2026-01-20
Short positioning
Geographic breakdown
Intel & risk
Evidence & claims
From filings & derived data- Current ratio (FY 2025-11-30): 4.47xDerived (calculated)
- Shareholders' equity (YoY) (2025-11-30 vs 2024-11-30): 7.4%Derived (calculated)
- Total assets (YoY) (2025-11-30 vs 2024-11-30): 36.5%Derived (calculated)
- Total liabilities (YoY) (2025-11-30 vs 2024-11-30): 78.8%Derived (calculated)
- Debt-to-equity (FY 2025-11-30): 1.14xDerived (calculated)
- Long-term debt (YoY) (2025-11-30 vs 2024-11-30): 220.0%Derived (calculated)
- Shares outstanding (annual): 111.01MSEC XBRL filing
- Total assets (annual): USD 9.24BSEC XBRL filing
- Total liabilities (annual): USD 4.93BSEC XBRL filing
- Current liabilities (annual): USD 1.23BSEC XBRL filing
- Current assets (annual): USD 5.51BSEC XBRL filing
- Long-term debt (annual): USD 3.2BSEC XBRL filing
- Shareholders' equity (annual): USD 4.31BSEC XBRL filing
- Net income (YoY) (2025-08-31 vs 2024-08-31): -82.6%Derived (calculated)
- Cost of revenue (YoY) (2025-08-31 vs 2024-08-31): 0.2%Derived (calculated)
- Capex (YoY) (2025-08-31 vs 2024-08-31): 24.2%Derived (calculated)
- Operating cash flow (YoY) (2025-08-31 vs 2024-08-31): -20.5%Derived (calculated)
- EPS (basic) (YoY) (2025-08-31 vs 2024-08-31): -82.1%Derived (calculated)
- EPS (diluted) (YoY) (2025-08-31 vs 2024-08-31): -82.1%Derived (calculated)
- EPS (basic) (annual): USD-PER-SHARES 1SEC XBRL filing
- Capex (annual): USD 402.82MSEC XBRL filing
- Pre-tax income (annual): USD 107.55MSEC XBRL filing
- Operating cash flow (annual): USD 715.07MSEC XBRL filing
- Cost of revenue (annual): USD 6.58BSEC XBRL filing