Canadian BancCNDCF 32 Return-on-Tangible-Asset is 42.55% as of Nov. 2025, which is 260% above its 10-year median of 11.83. GuruFocus rates CNDCF with a GF Score™ of 32/100. The stock has 5 warning signs investors should review. Among 1,635 Asset Management companies, Canadian Banc ranks better than 92.17% 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 Banc's annualizedNet Income for the quarter that ended in Nov. 2025 was $295.0 Mil. Canadian Banc's average total tangible assets for the quarter that ended in Nov. 2025 was $693.2 Mil. Therefore, Canadian Banc's annualized Return-on-Tangible-Asset for the quarter that ended in Nov. 2025 was 42.55%.
The historical rank and industry rank for Canadian Banc's Return-on-Tangible-Asset or its related term are showing as below:
CNDCF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -6.14 Med: 11.83 Max: 27.51
Current: 25.95
During the past 13 years, Canadian Banc's highest Return-on-Tangible-Asset was 27.51%. The lowest was -6.14%. And the median was 11.83%.
CNDCF's Return-on-Tangible-Asset is ranked better than 92.17% of 1635
companies
in the Asset Management industry
Industry Median: 4.23
vs CNDCF: 25.95
Canadian Banc (OTCPK:CNDCF) 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 Banc Return-on-Tangible-Asset Related Terms
Canadian Banc Return-on-Tangible-Asset Historical Data
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The historical data trend for Canadian Banc'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.
CNDCF vs BLK, BX, KKR: Return-on-Tangible-Asset Comparison
For the Asset Management subindustry, Canadian Banc'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 Banc Return-on-Tangible-Asset vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Canadian Banc's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Canadian Banc'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 two times the semi-annual (Nov. 2025) net income data.
What does a Return-on-Tangible-Asset of 42.55% mean?
Canadian Banc (CNDCF) has a Return-on-Tangible-Asset of 42.55% as of Nov. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Canadian Banc and its competitors. This is 260% above median its historical median of 11.83. According to the industry distribution chart, Canadian Banc ranks #128 out of 1635 companies in the Asset Management industry, placing it in the top 7.8%.
Is Canadian Banc's Return-on-Tangible-Asset too high?
Canadian Banc's current Return-on-Tangible-Asset of 42.55% is 260% above median its 10-year median of 11.83. The Asset Management industry median Return-on-Tangible-Asset is 4.23. Canadian Banc's value of 42.55% is 905.9% above this industry median. Based on the distribution chart, Canadian Banc ranks #128 out of 1635 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Canadian Banc has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Canadian Banc's Return-on-Tangible-Asset compare to BLK and BX?
According to the Asset Management industry distribution chart, Canadian Banc ranks #128 out of 1635 companies for Return-on-Tangible-Asset. This places Canadian Banc in the top 8% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 4.23. Canadian Banc's value of 42.55% is 905.9% above this benchmark. While the company's 10-year median is 11.83 vs. the industry median of 4.23, Canadian Banc 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 Asset Management company?
The median Return-on-Tangible-Asset among Asset Management companies is 4.23, based on 1,635 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 Banc's current Return-on-Tangible-Asset of 42.55% is 905.9% 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 Canadian Banc and its competitors. For the Asset Management industry, the median Return-on-Tangible-Asset is 4.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canadian Banc's current Return-on-Tangible-Asset is 42.55%, which is 260% above median its own 10-year median of 11.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canadian Banc stock overvalued right now?
Canadian Banc (CNDCF) has a current Return-on-Tangible-Asset of 42.55%. The current Return-on-Tangible-Asset is 42.55%, which is 260% above median its 10-year median of 11.83 and 905.9% above the Asset Management industry median of 4.23. Canadian Banc's overall GF Score™ is 32/100 with 5 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 Banc (CNDCF), the current Return-on-Tangible-Asset is 42.55% as of Nov. 2025. 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.
Canadian Banc Corp is a Canadian-based company operating in the financial services sector. The Company invests in an actively managed portfolio of common shares comprised of Canadian chartered banks. The Company employs an active covered call writing program to enhance the income earned from the portfolio.
32GF Score
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