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CanadaBis CapitalTSXV:CANB Return-on-Tangible-Asset is -2.11% as of Oct. 2025. The stock has 6 warning signs investors should review. Among 1,008 Drug Manufacturers companies, CanadaBis Capital ranks worse than 72.72% 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. CanadaBis Capital's annualizedNet Income for the quarter that ended in Oct. 2025 was C$-0.52 Mil. CanadaBis Capital's average total tangible assets for the quarter that ended in Oct. 2025 was C$24.49 Mil. Therefore, CanadaBis Capital's annualized Return-on-Tangible-Asset for the quarter that ended in Oct. 2025 was -2.11%.
The historical rank and industry rank for CanadaBis Capital's Return-on-Tangible-Asset or its related term are showing as below:
TSXV:CANB'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -315.4 Med: -20.77 Max: 23.12
Current: -5.11
During the past 10 years, CanadaBis Capital's highest Return-on-Tangible-Asset was 23.12%. The lowest was -315.40%. And the median was -20.77%.
TSXV:CANB's Return-on-Tangible-Asset is ranked worse than 72.72% of 1008
companies
in the Drug Manufacturers industry
Industry Median: 3.14
vs TSXV:CANB: -5.11
CanadaBis Capital (TSXV:CANB) 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.
CanadaBis Capital Return-on-Tangible-Asset Related Terms
CanadaBis Capital Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for CanadaBis Capital'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.
TSXV:CANB vs GCAN, STEK, GRPS: Return-on-Tangible-Asset Comparison
For the Drug Manufacturers - Specialty & Generic subindustry, CanadaBis Capital'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.
CanadaBis Capital Return-on-Tangible-Asset vs Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, CanadaBis Capital's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where CanadaBis Capital'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 (Oct. 2025) net income data.
What does a Return-on-Tangible-Asset of -2.11% mean?
CanadaBis Capital (TSXV:CANB) has a Return-on-Tangible-Asset of -2.11% as of Oct. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on CanadaBis Capital and its competitors. According to the industry distribution chart, CanadaBis Capital ranks #733 out of 1008 companies in the Drug Manufacturers industry, placing it in the top 72.7%.
Is CanadaBis Capital's Return-on-Tangible-Asset too high?
CanadaBis Capital's current Return-on-Tangible-Asset is -2.11%. Based on the distribution chart, CanadaBis Capital ranks #733 out of 1008 companies in the Drug Manufacturers industry, which is below the industry midpoint.
How does CanadaBis Capital's Return-on-Tangible-Asset compare to GCAN and STEK?
According to the Drug Manufacturers industry distribution chart, CanadaBis Capital ranks #733 out of 1008 companies for Return-on-Tangible-Asset. This places CanadaBis Capital in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.14. 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 Drug Manufacturers company?
The median Return-on-Tangible-Asset among Drug Manufacturers companies is 3.14, based on 1,008 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 CanadaBis Capital and its competitors. For the Drug Manufacturers industry, the median Return-on-Tangible-Asset is 3.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CanadaBis Capital's current Return-on-Tangible-Asset is -2.11%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CanadaBis Capital stock overvalued right now?
CanadaBis Capital (TSXV:CANB) has a current Return-on-Tangible-Asset of -2.11%. The stock's GF Value™ is C$0.07, compared to a current price of C$0.02 — trading 78.6% below its estimated fair value. The current Return-on-Tangible-Asset is -2.11%. 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 CanadaBis Capital (TSXV:CANB), the current Return-on-Tangible-Asset is -2.11% as of Oct. 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.
CanadaBis Capital Inc is a vertically integrated cannabis company. The firm engages in the production and sale of recreational cannabis. Its product line consists of Stigma Roots. It operates in three segments: wholesale, retail, and extract. The wholesale segment cultivates and distributes cannabis and cannabis products to and through, provincial liquor and cannabis boards. Retail segment involves sale of cannabis and cannabis-related products to end consumers on-premises owned and operated by the Company. Extract segment provides cannabinoid extraction services to other licensed producers. The company generates maximum of its revenue from Extract Segment.
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