Dashboard
1
Poor Management Efficiency with a low ROCE of 2.08%
- The company has been able to generate a Return on Capital Employed (avg) of 2.08% signifying low profitability per unit of total capital (equity and debt)
2
High Debt Company with a Debt to Equity ratio (avg) at times
3
The company has declared Negative results for the last 3 consecutive quarters
4
With ROE of 3.70%, it has a fair valuation with a 0.92 Price to Book Value
5
Underperformed the market in the last 1 year
Total Returns (Price + Dividend) 
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-0.89%
0%
-0.89%
6 Months
-5.91%
0%
-5.91%
1 Year
-3.63%
0%
-3.63%
2 Years
13.91%
0%
13.91%
3 Years
5.49%
0%
5.49%
4 Years
3.72%
0%
3.72%
5 Years
7.95%
0%
7.95%
CMST Development Co., Ltd. for the last several years.
Risk Adjusted Returns v/s 
News
No Recent News for the Company
Announcements 
No announcement available
Corporate Actions 
No corporate action available
Quality key factors 
Factor
Value
Sales Growth (5y)
9.47%
EBIT Growth (5y)
33.36%
EBIT to Interest (avg)
3.08
Debt to EBITDA (avg)
3.28
Net Debt to Equity (avg)
-0.06
Sales to Capital Employed (avg)
3.80
Tax Ratio
26.22%
Dividend Payout Ratio
37.70%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
2.08%
ROE (avg)
5.25%
Valuation key factors
Factor
Value
P/E Ratio
25
Industry P/E
Price to Book Value
0.92
EV to EBIT
56.94
EV to EBITDA
21.52
EV to Capital Employed
0.92
EV to Sales
0.20
PEG Ratio
NA
Dividend Yield
1.20%
ROCE (Latest)
1.61%
ROE (Latest)
3.70%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Mildly Bullish
Mildly Bearish
Dow Theory
No Trend
No Trend
OBV
No Trend
Mildly Bullish
Shareholding Snapshot
No data for shareholding present.
Shareholding Compare (%holding) 
No data for shareholding present.
Quarterly Results Snapshot (Consolidated) - Dec'25 - YoY
Dec'25
Dec'24
Change(%)
Net Sales
19,898.70
16,115.20
23.48%
Operating Profit (PBDIT) excl Other Income
-74.00
-19.40
-281.44%
Interest
39.80
30.30
31.35%
Exceptional Items
-159.50
-13.00
-1,126.92%
Consolidate Net Profit
88.10
63.20
39.40%
Operating Profit Margin (Excl OI)
-8.20%
-7.10%
-0.11%
USD in Million.
Net Sales
YoY Growth in quarter ended Dec 2025 is 23.48% vs -6.51% in Dec 2024
Consolidated Net Profit
YoY Growth in quarter ended Dec 2025 is 39.40% vs -86.16% in Dec 2024
Annual Results Snapshot (Consolidated) - Dec'25
Dec'25
Dec'24
Change(%)
Net Sales
67,263.80
63,600.40
5.76%
Operating Profit (PBDIT) excl Other Income
589.20
709.70
-16.98%
Interest
84.30
89.40
-5.70%
Exceptional Items
-173.80
-66.60
-160.96%
Consolidate Net Profit
572.60
549.30
4.24%
Operating Profit Margin (Excl OI)
3.60%
5.70%
-0.21%
USD in Million.
Net Sales
YoY Growth in year ended Dec 2025 is 5.76% vs -5.14% in Dec 2024
Consolidated Net Profit
YoY Growth in year ended Dec 2025 is 4.24% vs -34.79% in Dec 2024
About CMST Development Co., Ltd. 
CMST Development Co., Ltd.
Transport Services
No Details Available.
Company Coordinates 
No Company Details Available






