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. Cannae Holdings's annualizedNet Income for the quarter that ended in Mar. 2026 was $-128.4 Mil. Cannae Holdings's average total tangible assets for the quarter that ended in Mar. 2026 was $1,213.8 Mil. Therefore, Cannae Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -10.58%.
The historical rank and industry rank for Cannae Holdings's Return-on-Tangible-Asset or its related term are showing as below:
CNNE'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -30.06 Med: -3.95 Max: 55.2
Current: -28.36
During the past 11 years, Cannae Holdings's highest Return-on-Tangible-Asset was 55.20%. The lowest was -30.06%. And the median was -3.95%.
CNNE's Return-on-Tangible-Asset is ranked worse than 94.46% of 361
companies
in the Restaurants industry
Industry Median: 2.41
vs CNNE: -28.36
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.
Cannae Holdings Return-on-Tangible-Asset Related Terms
Cannae Holdings Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Cannae Holdings'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.
CNNE vs KRUS, LOCO, BLMN: Return-on-Tangible-Asset Comparison
For the Restaurants subindustry, Cannae Holdings'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.
Cannae Holdings Return-on-Tangible-Asset vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, Cannae Holdings's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Cannae Holdings'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 -10.58% mean?
Cannae Holdings (CNNE) has a Return-on-Tangible-Asset of -10.58% 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 Cannae Holdings and its competitors. According to the industry distribution chart, Cannae Holdings ranks #341 out of 361 companies in the Restaurants industry, placing it in the top 94.5%.
Is Cannae Holdings' Return-on-Tangible-Asset too high?
Cannae Holdings' current Return-on-Tangible-Asset is -10.58%. Based on the distribution chart, Cannae Holdings ranks #341 out of 361 companies in the Restaurants industry, which is in the bottom quartile relative to peers. Overall, Cannae Holdings has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Cannae Holdings' Return-on-Tangible-Asset compare to KRUS and LOCO?
According to the Restaurants industry distribution chart, Cannae Holdings ranks #341 out of 361 companies for Return-on-Tangible-Asset. This places Cannae Holdings in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.41. 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 Restaurants company?
The median Return-on-Tangible-Asset among Restaurants companies is 2.41, based on 361 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 Cannae Holdings and its competitors. For the Restaurants industry, the median Return-on-Tangible-Asset is 2.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cannae Holdings's current Return-on-Tangible-Asset is -10.58%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cannae Holdings stock overvalued right now?
Based on GuruFocus' analysis, Cannae Holdings (CNNE) is currently considered Possible Value Trap. The stock's GF Value™ is $21.02, compared to a current price of $14.72 — trading 30% below its estimated fair value. The current Return-on-Tangible-Asset is -10.58%. Cannae Holdings' overall GF Score™ is 61/100 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 Cannae Holdings (CNNE), the current Return-on-Tangible-Asset is -10.58% 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 Cannae Holdings (CNNE) Overvalued in 2026?
Based on GuruFocus' analysis, Cannae Holdings stock appears to be undervalued.
The current stock price of $14.72 is trading 30% below its estimated GF Value™ of $21.02.
GuruFocus considers Cannae Holdings to be Possible Value Trap.
Key valuation signals for CNNE:
Return-on-Tangible-Asset: -10.58%
GF Value™: $21.02 vs. price of $14.72 (30% below fair value)
No single metric tells the full story. See the CNNE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cannae Holdings Inc is an investment holding company that acquires and actively manages equity interests in operating businesses across various industries. The Company focuses on long-term ownership and seeks to create value by supporting the growth and operations of its portfolio companies through management expertise and strategic oversight. The Company operates through four reportable segments: Restaurant Group, which includes the operations of O'Charleys and 99 Restaurants; Alight, which represents its ownership interest in a technology-enabled human capital and employee benefits solutions provider; Black Knight Football Club (BKFC), which holds interests in professional football clubs; and JANA, which represents its investment in an investment management firm.
61GF 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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