CN Energy GroupCNEY +0.41%41 Return-on-Tangible-Asset is -35.16% as of Sep. 2025. GuruFocus rates CNEY with a GF Score™ of 41/100 and a GF Value™ of $0.70 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,609 Chemicals companies, CN Energy Group ranks worse than 92.29% 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. CN Energy Group's annualizedNet Income for the quarter that ended in Sep. 2025 was $-36.14 Mil. CN Energy Group's average total tangible assets for the quarter that ended in Sep. 2025 was $102.79 Mil. Therefore, CN Energy Group's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2025 was -35.16%.
The historical rank and industry rank for CN Energy Group's Return-on-Tangible-Asset or its related term are showing as below:
CNEY'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -13.27 Med: 2.69 Max: 8.76
Current: -11.23
During the past 8 years, CN Energy Group's highest Return-on-Tangible-Asset was 8.76%. The lowest was -13.27%. And the median was 2.69%.
CNEY's Return-on-Tangible-Asset is ranked worse than 92.29% of 1609
companies
in the Chemicals industry
Industry Median: 3.07
vs CNEY: -11.23
CN Energy Group (NAS:CNEY) 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.
CN Energy Group Return-on-Tangible-Asset Related Terms
CN Energy Group Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for CN Energy Group'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.
CNEY vs VYST, BGLC, QGAI: Return-on-Tangible-Asset Comparison
For the Specialty Chemicals subindustry, CN Energy Group'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.
CN Energy Group Return-on-Tangible-Asset vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, CN Energy Group's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where CN Energy Group'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 (Sep. 2025) net income data.
What does a Return-on-Tangible-Asset of -35.16% mean?
CN Energy Group (CNEY) has a Return-on-Tangible-Asset of -35.16% as of Sep. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on CN Energy Group and its competitors. According to the industry distribution chart, CN Energy Group ranks #1485 out of 1609 companies in the Chemicals industry, placing it in the top 92.3%.
Is CN Energy Group's Return-on-Tangible-Asset too high?
CN Energy Group's current Return-on-Tangible-Asset is -35.16%. Based on the distribution chart, CN Energy Group ranks #1485 out of 1609 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, CN Energy Group has a GF Score™ of 41/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CN Energy Group's Return-on-Tangible-Asset compare to VYST and BGLC?
According to the Chemicals industry distribution chart, CN Energy Group ranks #1485 out of 1609 companies for Return-on-Tangible-Asset. This places CN Energy Group in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.07. 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 Chemicals company?
The median Return-on-Tangible-Asset among Chemicals companies is 3.07, based on 1,609 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. 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 CN Energy Group and its competitors. For the Chemicals industry, the median Return-on-Tangible-Asset is 3.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CN Energy Group's current Return-on-Tangible-Asset is -35.16%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CN Energy Group stock overvalued right now?
Based on GuruFocus' analysis, CN Energy Group (CNEY) is currently considered Modestly Undervalued. The stock's GF Value™ is $0.70, compared to a current price of $0.49 — trading 29.4% below its estimated fair value. The current Return-on-Tangible-Asset is -35.16%. CN Energy Group's overall GF Score™ is 41/100 with 7 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 CN Energy Group (CNEY), the current Return-on-Tangible-Asset is -35.16% as of Sep. 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.
Is CN Energy Group (CNEY) Overvalued in 2026?
Based on GuruFocus' analysis, CN Energy Group stock appears to be undervalued.
The current stock price of $0.49 is trading 29.4% below its estimated GF Value™ of $0.70.
GuruFocus considers CN Energy Group to be Modestly Undervalued.
Key valuation signals for CNEY:
Return-on-Tangible-Asset: -35.16%
GF Value™: $0.70 vs. price of $0.49 (29.4% below fair value)
No single metric tells the full story. See the CNEY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CN Energy Group Inc along with its subsidiaries is a manufacturer and supplier of wood-based activated carbon that is used in pharmaceutical manufacturing, industrial manufacturing, water purification, environmental protection, and food and beverage production and a producer of biomass electricity generated in the process of producing activated carbon. The firm generates a majority of its revenue from Activated carbon.
41GF Score
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Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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