CascadesCADNF -0.89%62 Return-on-Tangible-Asset is 3.74% as of Mar. 2026, which is 127% above its 10-year median of 1.65. GuruFocus rates CADNF with a GF Score™ of 62/100 and a GF Value™ of $152.03 (Possible Value Trap). The stock has 1 warning sign investors should review. Among 400 Packaging & Containers companies, Cascades ranks worse than 56.25% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Cascades's annualizedNet Income for the quarter that ended in Mar. 2026 was $114 Mil. Cascades's average total tangible assets for the quarter that ended in Mar. 2026 was $3,042 Mil. Therefore, Cascades's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 3.74%.
The historical rank and industry rank for Cascades's Return-on-Tangible-Asset or its related term are showing as below:
CADNF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -1.74 Med: 1.65 Max: 14.53
Current: 2.37
During the past 13 years, Cascades's highest Return-on-Tangible-Asset was 14.53%. The lowest was -1.74%. And the median was 1.65%.
CADNF's Return-on-Tangible-Asset is ranked worse than 56.25% of 400
companies
in the Packaging & Containers industry
Industry Median: 2.955
vs CADNF: 2.37
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Cascades Return-on-Tangible-Asset Related Terms
Cascades Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Cascades's Return-on-Tangible-Asset 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.
CADNF vs SW, PKG, IP: Return-on-Tangible-Asset Comparison
For the Packaging & Containers subindustry, Cascades's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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.
Cascades Return-on-Tangible-Asset vs Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, Cascades's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Cascades's Return-on-Tangible-Asset falls into.
* 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 annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 3.74% mean?
Cascades (CADNF) has a Return-on-Tangible-Asset of 3.74% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Cascades and its competitors. This is 127% above median its historical median of 1.65. According to the industry distribution chart, Cascades ranks #225 out of 400 companies in the Packaging & Containers industry, placing it in the top 56.2%.
Is Cascades' Return-on-Tangible-Asset too high?
Cascades' current Return-on-Tangible-Asset of 3.74% is 127% above median its 10-year median of 1.65. The Packaging & Containers industry median Return-on-Tangible-Asset is 2.96. Cascades' value of 3.74% is 26.6% above this industry median. Based on the distribution chart, Cascades ranks #225 out of 400 companies in the Packaging & Containers industry, which is below the industry midpoint. Overall, Cascades has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Cascades' Return-on-Tangible-Asset compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Cascades ranks #225 out of 400 companies for Return-on-Tangible-Asset. This places Cascades in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.96. Cascades' value of 3.74% is 26.6% above this benchmark. While the company's 10-year median is 1.65 vs. the industry median of 2.96, Cascades has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Asset for a Packaging & Containers company?
The median Return-on-Tangible-Asset among Packaging & Containers companies is 2.96, based on 400 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Cascades's current Return-on-Tangible-Asset of 3.74% is 26.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Cascades and its competitors. For the Packaging & Containers industry, the median Return-on-Tangible-Asset is 2.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cascades's current Return-on-Tangible-Asset is 3.74%, which is 127% above median its own 10-year median of 1.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cascades stock overvalued right now?
Based on GuruFocus' analysis, Cascades (CADNF) is currently considered Possible Value Trap. The stock's GF Value™ is $152.03, compared to a current price of $8.22 — trading 94.6% below its estimated fair value. The current Return-on-Tangible-Asset is 3.74%, which is 127% above median its 10-year median of 1.65 and 26.6% above the Packaging & Containers industry median of 2.96. Cascades' overall GF Score™ is 62/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Cascades (CADNF), the current Return-on-Tangible-Asset is 3.74% as of Mar. 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 Cascades (CADNF) Overvalued in 2026?
Based on GuruFocus' analysis, Cascades stock appears to be undervalued.
The current stock price of $8.22 is trading 94.6% below its estimated GF Value™ of $152.03.
GuruFocus considers Cascades to be Possible Value Trap.
Key valuation signals for CADNF:
Return-on-Tangible-Asset: 3.74% (127% above median its 10-year median of 1.65)
GF Value™: $152.03 vs. price of $8.22 (94.6% below fair value)
Industry Position: 26.6% above the Packaging & Containers median (#225 of 400)
No single metric tells the full story. See the CADNF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cascades Inc is a paper and packaging company that produces, converts, and sells packaging and tissue products composed predominantly of recycled fibres. Its customer base includes food processing companies, the maintenance industry, the accommodations and housing industry, micro-businesses, and boutiques. The products are marketed through brands such as Cascades Fresh, Cascades Protect, Cascades IMGN, Cascades PRO, and Cascades Fluff & Tuff, among others. The company is organized into two main business segments: Packaging Products and Tissue Papers. A majority of its revenue is generated from the Packaging Product segment. Geographically, the company generates the majority of its revenue from the operations located in Canada.
62GF Score
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