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Canaf InvestmentsCAFZF -1.67%57 Return-on-Tangible-Asset is 8.26% as of Apr. 2026, which is 39% below its 10-year median of 13.45. 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. Among 634 Steel companies, Canaf Investments ranks better than 94.48% 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. Canaf Investments's annualizedNet Income for the quarter that ended in Apr. 2026 was $1.15 Mil. Canaf Investments's average total tangible assets for the quarter that ended in Apr. 2026 was $13.90 Mil. Therefore, Canaf Investments's annualized Return-on-Tangible-Asset for the quarter that ended in Apr. 2026 was 8.26%.
The historical rank and industry rank for Canaf Investments's Return-on-Tangible-Asset or its related term are showing as below:
CAFZF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -5.82 Med: 13.45 Max: 18.5
Current: 12.77
During the past 13 years, Canaf Investments's highest Return-on-Tangible-Asset was 18.50%. The lowest was -5.82%. And the median was 13.45%.
CAFZF's Return-on-Tangible-Asset is ranked better than 94.48% of 634
companies
in the Steel industry
Industry Median: 2.015
vs CAFZF: 12.77
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.
Canaf Investments Return-on-Tangible-Asset Related Terms
Canaf Investments Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Canaf Investments'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.
CAFZF vs HCC, AMR, METC: Return-on-Tangible-Asset Comparison
For the Coking Coal subindustry, Canaf Investments'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.
Canaf Investments Return-on-Tangible-Asset vs Steel Industry
For the Steel industry and Basic Materials sector, Canaf Investments's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Canaf Investments'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 (Apr. 2026) net income data.
What does a Return-on-Tangible-Asset of 8.26% mean?
Canaf Investments (CAFZF) has a Return-on-Tangible-Asset of 8.26% as of Apr. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Canaf Investments and its competitors. This is 39% below median its historical median of 13.45. According to the industry distribution chart, Canaf Investments ranks #35 out of 634 companies in the Steel industry, placing it in the top 5.5%.
Is Canaf Investments' Return-on-Tangible-Asset too high?
Canaf Investments' current Return-on-Tangible-Asset of 8.26% is 39% below median its 10-year median of 13.45. The Steel industry median Return-on-Tangible-Asset is 2.02. Canaf Investments' value of 8.26% is 309.9% above this industry median. Based on the distribution chart, Canaf Investments ranks #35 out of 634 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. 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' Return-on-Tangible-Asset compare to HCC and AMR?
According to the Steel industry distribution chart, Canaf Investments ranks #35 out of 634 companies for Return-on-Tangible-Asset. This places Canaf Investments in the top 6% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.02. Canaf Investments' value of 8.26% is 309.9% above this benchmark. While the company's 10-year median is 13.45 vs. the industry median of 2.02, Canaf Investments 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 Steel company?
The median Return-on-Tangible-Asset among Steel companies is 2.02, based on 634 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. Canaf Investments's current Return-on-Tangible-Asset of 8.26% is 309.9% 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 Canaf Investments and its competitors. For the Steel industry, the median Return-on-Tangible-Asset is 2.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canaf Investments's current Return-on-Tangible-Asset is 8.26%, which is 39% below median its own 10-year median of 13.45. 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 Return-on-Tangible-Asset is 8.26%, which is 39% below median its 10-year median of 13.45 and 309.9% above the Steel industry median of 2.02. 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 Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Canaf Investments (CAFZF), the current Return-on-Tangible-Asset is 8.26% 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:
Return-on-Tangible-Asset: 8.26% (39% below median its 10-year median of 13.45)
GF Value™: $0.17 vs. price of $0.24 (38.2% above fair value)
Industry Position: 309.9% above the Steel median (#35 of 634)
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 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
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