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CAFCAJSE:CAC 70 Return-on-Tangible-Asset is 9.34% as of Mar. 2026, which is 14% below its 10-year median of 10.80. GuruFocus rates JSE:CAC with a GF Score™ of 70/100 and a GF Value™ of R16.62 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 3,073 Industrial Products companies, CAFCA ranks better than 78.91% 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. CAFCA's annualizedNet Income for the quarter that ended in Mar. 2026 was R61.3 Mil. CAFCA's average total tangible assets for the quarter that ended in Mar. 2026 was R655.7 Mil. Therefore, CAFCA's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 9.34%.
The historical rank and industry rank for CAFCA's Return-on-Tangible-Asset or its related term are showing as below:
JSE:CAC'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.41 Med: 10.8 Max: 19.08
Current: 8.09
During the past 12 years, CAFCA's highest Return-on-Tangible-Asset was 19.08%. The lowest was 2.41%. And the median was 10.80%.
JSE:CAC's Return-on-Tangible-Asset is ranked better than 78.91% of 3073
companies
in the Industrial Products industry
Industry Median: 3.26
vs JSE:CAC: 8.09
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.
CAFCA Return-on-Tangible-Asset Related Terms
CAFCA Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for CAFCA'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.
JSE:CAC vs VRT, BE, HUBB: Return-on-Tangible-Asset Comparison
For the Electrical Equipment & Parts subindustry, CAFCA'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.
CAFCA Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, CAFCA's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where CAFCA'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 (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 9.34% mean?
CAFCA (JSE:CAC) has a Return-on-Tangible-Asset of 9.34% 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 CAFCA and its competitors. This is 14% below median its historical median of 10.80. Over the past decade, CAFCA's Return-on-Tangible-Asset has ranged from 2.41 to 19.08. According to the industry distribution chart, CAFCA ranks #648 out of 3073 companies in the Industrial Products industry, placing it in the top 21.1%.
Is CAFCA's Return-on-Tangible-Asset too high?
CAFCA's current Return-on-Tangible-Asset of 9.34% is 14% below median its 10-year median of 10.80. Over the past 10 years, this metric has ranged from a low of 2.41 to a high of 19.08. The Industrial Products industry median Return-on-Tangible-Asset is 3.26. CAFCA's value of 9.34% is 186.5% above this industry median. Based on the distribution chart, CAFCA ranks #648 out of 3073 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, CAFCA has a GF Score™ of 70/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CAFCA's Return-on-Tangible-Asset compare to VRT and BE?
According to the Industrial Products industry distribution chart, CAFCA ranks #648 out of 3073 companies for Return-on-Tangible-Asset. This places CAFCA in the top 21% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.26. CAFCA's value of 9.34% is 186.5% above this benchmark. Historically, CAFCA's own Return-on-Tangible-Asset has ranged from 2.41 to 19.08 over the past decade. While the company's 10-year median is 10.80 vs. the industry median of 3.26, CAFCA 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 Industrial Products company?
The median Return-on-Tangible-Asset among Industrial Products companies is 3.26, based on 3,073 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. CAFCA's current Return-on-Tangible-Asset of 9.34% is 186.5% 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 CAFCA and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CAFCA's current Return-on-Tangible-Asset is 9.34%, which is 14% below median its own 10-year median of 10.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CAFCA stock overvalued right now?
Based on GuruFocus' analysis, CAFCA (JSE:CAC) is currently considered Significantly Undervalued. The stock's GF Value™ is R16.62, compared to a current price of R5.95 — trading 64.2% below its estimated fair value. The current Return-on-Tangible-Asset is 9.34%, which is 14% below median its 10-year median of 10.80 and 186.5% above the Industrial Products industry median of 3.26. CAFCA's overall GF Score™ is 70/100 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 CAFCA (JSE:CAC), the current Return-on-Tangible-Asset is 9.34% 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 CAFCA (JSE:CAC) Overvalued in 2026?
Based on GuruFocus' analysis, CAFCA stock appears to be undervalued.
The current stock price of R5.95 is trading 64.2% below its estimated GF Value™ of R16.62.
GuruFocus considers CAFCA to be Significantly Undervalued.
Key valuation signals for JSE:CAC:
Return-on-Tangible-Asset: 9.34% (14% below median its 10-year median of 10.80)
GF Value™: R16.62 vs. price of R5.95 (64.2% below fair value)
Industry Position: 186.5% above the Industrial Products median (#648 of 3073)
No single metric tells the full story. See the JSE:CAC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CAFCA Ltd is a manufacturer of electrical cables and specializes in the production of power cables, control and instrumentation cables, domestic wiring cables, solar PV cables, overhead conductors, and specialized industrial cables. Its product categories include aluminium cables, flexible cables, power cables, solar cables, telecommunications cables, and wiring cables. The Company serves a broad customer base across utilities, mining, industrial manufacturers, construction companies, telecommunications providers, retailers hardware stores, and export clients. It operates mainly in Zimbabwe and exports across the SADC and East Africa regions.
70GF Score
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