Canadian UtilitiesCDUAF -1.17%77 Return-on-Tangible-Asset is 3.83% as of Mar. 2026, which is 34% above its 10-year median of 2.86. GuruFocus rates CDUAF with a GF Score™ of 77/100 and a GF Value™ of $26.45 (Significantly Overvalued). The stock has 14 warning signs investors should review. Among 511 Utilities - Regulated companies, Canadian Utilities ranks worse than 84.54% 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. Canadian Utilities's annualizedNet Income for the quarter that ended in Mar. 2026 was $653 Mil. Canadian Utilities's average total tangible assets for the quarter that ended in Mar. 2026 was $17,065 Mil. Therefore, Canadian Utilities's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 3.83%.
The historical rank and industry rank for Canadian Utilities's Return-on-Tangible-Asset or its related term are showing as below:
CDUAF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.46 Med: 2.86 Max: 4.68
Current: 0.46
During the past 13 years, Canadian Utilities's highest Return-on-Tangible-Asset was 4.68%. The lowest was 0.46%. And the median was 2.86%.
CDUAF's Return-on-Tangible-Asset is ranked worse than 84.54% of 511
companies
in the Utilities - Regulated industry
Industry Median: 3.31
vs CDUAF: 0.46
Canadian Utilities (OTCPK:CDUAF) Return-on-Tangible-Asset Explanation
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.
Canadian Utilities Return-on-Tangible-Asset Related Terms
Canadian Utilities Return-on-Tangible-Asset Historical Data
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The historical data trend for Canadian Utilities'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.
CDUAF vs SRE, AES: Return-on-Tangible-Asset Comparison
For the Utilities - Diversified subindustry, Canadian Utilities'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.
Canadian Utilities Return-on-Tangible-Asset vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Canadian Utilities's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Canadian Utilities'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 3.83% mean?
Canadian Utilities (CDUAF) has a Return-on-Tangible-Asset of 3.83% 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 Canadian Utilities and its competitors. This is 34% above median its historical median of 2.86. Over the past decade, Canadian Utilities' Return-on-Tangible-Asset has ranged from 0.46 to 4.68. According to the industry distribution chart, Canadian Utilities ranks #432 out of 511 companies in the Utilities - Regulated industry, placing it in the top 84.5%.
Is Canadian Utilities' Return-on-Tangible-Asset too high?
Canadian Utilities' current Return-on-Tangible-Asset of 3.83% is 34% above median its 10-year median of 2.86. Over the past 10 years, this metric has ranged from a low of 0.46 to a high of 4.68. The Utilities - Regulated industry median Return-on-Tangible-Asset is 3.31. Canadian Utilities' value of 3.83% is 15.7% above this industry median. Based on the distribution chart, Canadian Utilities ranks #432 out of 511 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Canadian Utilities has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Canadian Utilities' Return-on-Tangible-Asset compare to SRE and AES?
According to the Utilities - Regulated industry distribution chart, Canadian Utilities ranks #432 out of 511 companies for Return-on-Tangible-Asset. This places Canadian Utilities in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.31. Canadian Utilities' value of 3.83% is 15.7% above this benchmark. Historically, Canadian Utilities' own Return-on-Tangible-Asset has ranged from 0.46 to 4.68 over the past decade. While the company's 10-year median is 2.86 vs. the industry median of 3.31, Canadian Utilities 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 an Utilities - Regulated company?
The median Return-on-Tangible-Asset among Utilities - Regulated companies is 3.31, based on 511 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. Canadian Utilities's current Return-on-Tangible-Asset of 3.83% is 15.7% 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 Canadian Utilities and its competitors. For the Utilities - Regulated industry, the median Return-on-Tangible-Asset is 3.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canadian Utilities's current Return-on-Tangible-Asset is 3.83%, which is 34% above median its own 10-year median of 2.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canadian Utilities stock overvalued right now?
Based on GuruFocus' analysis, Canadian Utilities (CDUAF) is currently considered Significantly Overvalued. The stock's GF Value™ is $26.45, compared to a current price of $36.88 — trading 39.4% above its estimated fair value. The current Return-on-Tangible-Asset is 3.83%, which is 34% above median its 10-year median of 2.86 and 15.7% above the Utilities - Regulated industry median of 3.31. Canadian Utilities' overall GF Score™ is 77/100 with 14 warning signs 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 Canadian Utilities (CDUAF), the current Return-on-Tangible-Asset is 3.83% 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 Canadian Utilities (CDUAF) Overvalued in 2026?
Based on GuruFocus' analysis, Canadian Utilities stock appears to be overvalued.
The current stock price of $36.88 is trading 39.4% above its estimated GF Value™ of $26.45.
GuruFocus considers Canadian Utilities to be Significantly Overvalued.
Key valuation signals for CDUAF:
Return-on-Tangible-Asset: 3.83% (34% above median its 10-year median of 2.86)
GF Value™: $26.45 vs. price of $36.88 (39.4% above fair value)
Industry Position: 15.7% above the Utilities - Regulated median (#432 of 511)
No single metric tells the full story. See the CDUAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Canadian Utilities Ltd, a subsidiary of holding company Atco, offers gas and electricity services. The company is engaged in segments that include ATCO Energy Systems, ATCO EnPower, ATCO Australia, and Corporate & Other. Headquartered in Calgary, Alberta, the firm mainly operates in Canada, Australia, and others. The company generates maximum revenue from Canada. Canadian Utilities launched a large venture called Atco Energy, which provides low-cost and sustainable energy solutions for Alberta.
77GF Score
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