CAFZF (Canaf Investments) Operating Income: $1.91 Mil (TTM As of Apr. 2026)

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CAFZF Canaf Investments Inc CAFZF
57 GF Score
Price $0.24
GF Value $0.17
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Canaf Investments Operating Income?

Canaf Investments CAFZF -1.67% 57 Operating Income is $1.91 Mil as of Apr. 2026. GuruFocus rates CAFZF with a GF Score™ of 57/100 and a GF Value™ of $0.17 (Significantly Overvalued). The stock has 1 warning sign investors should review.

Canaf Investments's Operating Income for the three months ended in Apr. 2026 was $0.29 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Apr. 2026 was $1.91 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Canaf Investments's Operating Income for the three months ended in Apr. 2026 was $0.29 Mil. Canaf Investments's Revenue for the three months ended in Apr. 2026 was $3.92 Mil. Therefore, Canaf Investments's Operating Margin % for the quarter that ended in Apr. 2026 was 7.34%.

Good Sign:

Canaf Investments Inc operating margin is expanding. Margin expansion is usually a good sign.

Canaf Investments's 5-Year average Growth Rate for Operating Margin % was 4.60% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Canaf Investments's annualized ROC % for the quarter that ended in Apr. 2026 was 15.88%. Canaf Investments's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was 105.84%.


Canaf Investments  (OTCPK:CAFZF) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Canaf Investments's annualized ROC % for the quarter that ended in Apr. 2026 is calculated as:

ROC % (Q: Apr. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jan. 2026 ) + Invested Capital (Q: Apr. 2026 ))/ count )
=1.152 * ( 1 - 27.87% )/( (5.336 + 5.126)/ 2 )
=0.8309376/5.231
=15.88 %

where

Note: The Operating Income data used here is four times the quarterly (Apr. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Canaf Investments's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Apr. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jan. 2026  Q: Apr. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1.712/( ( (0.519 + max(0.989, 0)) + (0.469 + max(1.258, 0)) )/ 2 )
=1.712/( ( 1.508 + 1.727 )/ 2 )
=1.712/1.6175
=105.84 %

where Working Capital is:

Working Capital(Q: Jan. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.685 + 0.894 + 0.029) - (1.619 + 0 + 0)
=0.989

Working Capital(Q: Apr. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.469 + 1.243 + 0.055) - (1.509 + 0 + 0)
=1.258

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Apr. 2026) EBIT data.

3. Operating Income is also linked to Operating Margin %:

Canaf Investments's Operating Margin % for the quarter that ended in Apr. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Apr. 2026 )/Revenue (Q: Apr. 2026 )
=0.288/3.923
=7.34 %

* 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.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.


Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Canaf Investments Operating Income Related Terms


Canaf Investments Operating Income Historical Data

* Premium members only.

The historical data trend for Canaf Investments's Operating Income 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.

Canaf Investments Operating Income Chart

Canaf Investments Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.06 1.18 2.21 1.93 1.99

Canaf Investments Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Operating Income 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 0.22 0.61 0.57 0.45 0.29
CAFZF
57GF Score
Canaf Investments Inc CAFZF
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Canaf Investments Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.91 Mil.

* 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.

Frequently Asked Questions Learn more about Operating Income →
What does a Operating Income of $1.91 Mil mean?
Canaf Investments (CAFZF) has a Operating Income of $1.91 Mil as of Apr. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Canaf Investments and its competitors.
Is Canaf Investments' Operating Income too high?
Canaf Investments' current Operating Income is $1.91 Mil. Overall, Canaf Investments has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Canaf Investments' Operating Income compare to HCC and AMR?
Canaf Investments' Operating Income of $1.91 Mil can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Income for a Steel company?
A good Operating Income depends on the Steel industry context. However, Operating Income 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 Operating Income mean?
A high Operating Income can signal that a stock is expensive relative to its fundamentals. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Canaf Investments and its competitors. Canaf Investments's current Operating Income is $1.91 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canaf Investments stock overvalued right now?
Based on GuruFocus' analysis, Canaf Investments (CAFZF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.17, compared to a current price of $0.24 — trading 38.2% above its estimated fair value. The current Operating Income is $1.91 Mil. Canaf Investments' overall GF Score™ is 57/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Income calculated?
Operating Income is calculated from a company's financial statements. For Canaf Investments (CAFZF), the current Operating Income is $1.91 Mil as of Apr. 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 Canaf Investments (CAFZF) Overvalued in 2026?

Based on GuruFocus' analysis, Canaf Investments stock appears to be overvalued. The current stock price of $0.24 is trading 38.2% above its estimated GF Value™ of $0.17. GuruFocus considers Canaf Investments to be Significantly Overvalued.

Key valuation signals for CAFZF:

  • Operating Income: $1.91 Mil
  • GF Value™: $0.17 vs. price of $0.24 (38.2% above fair value)
  • GF Score™: 57/100 with 1 warning sign

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


Canaf Investments Business Description

Other Exchanges CAF:Canada
Address 1111 Melville Street, Suite 1100, Vancouver, BC, CAN, V6E 3V6
Canaf Investments Inc is a Canadian company that owns and operates a coal processing plant in South Africa that processes coal and coal products into calcine, a coke substitute with high carbon content. The company, through its subsidiaries, produces calcined anthracite used in the manufacturing process of steel and manganese. The company operates in two reportable segments: head office operations in Canada and the coal processing business in South Africa, out of which the majority of revenue comes from South Africa.
57GF Score

Get the complete analysis for CAFZF

Operating Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.24
Price
$0.17
GF Value