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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
ZedcorZDCAF -0.52%89 Return-on-Tangible-Asset is -0.77% as of Mar. 2026. GuruFocus rates ZDCAF with a GF Score™ of 89/100 and a GF Value™ of $4.41 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,094 Business Services companies, Zedcor ranks worse than 64.9% 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. Zedcor's annualizedNet Income for the quarter that ended in Mar. 2026 was $-0.81 Mil. Zedcor's average total tangible assets for the quarter that ended in Mar. 2026 was $104.86 Mil. Therefore, Zedcor's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -0.77%.
The historical rank and industry rank for Zedcor's Return-on-Tangible-Asset or its related term are showing as below:
ZDCAF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -41.57 Med: -13.22 Max: 22.9
Current: 1.56
During the past 13 years, Zedcor's highest Return-on-Tangible-Asset was 22.90%. The lowest was -41.57%. And the median was -13.22%.
ZDCAF's Return-on-Tangible-Asset is ranked worse than 64.9% of 1094
companies
in the Business Services industry
Industry Median: 3.98
vs ZDCAF: 1.56
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.
Zedcor Return-on-Tangible-Asset Related Terms
Zedcor Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Zedcor'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.
ZDCAF vs ALLE, MSA, ADT: Return-on-Tangible-Asset Comparison
For the Security & Protection Services subindustry, Zedcor'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.
Zedcor Return-on-Tangible-Asset vs Business Services Industry
For the Business Services industry and Industrials sector, Zedcor's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Zedcor'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 -0.77% mean?
Zedcor (ZDCAF) has a Return-on-Tangible-Asset of -0.77% 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 Zedcor and its competitors. According to the industry distribution chart, Zedcor ranks #710 out of 1094 companies in the Business Services industry, placing it in the top 64.9%.
Is Zedcor's Return-on-Tangible-Asset too high?
Zedcor's current Return-on-Tangible-Asset is -0.77%. Based on the distribution chart, Zedcor ranks #710 out of 1094 companies in the Business Services industry, which is below the industry midpoint. Overall, Zedcor has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zedcor's Return-on-Tangible-Asset compare to ALLE and MSA?
According to the Business Services industry distribution chart, Zedcor ranks #710 out of 1094 companies for Return-on-Tangible-Asset. This places Zedcor in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.98. 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 Business Services company?
The median Return-on-Tangible-Asset among Business Services companies is 3.98, based on 1,094 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 Zedcor and its competitors. For the Business Services industry, the median Return-on-Tangible-Asset is 3.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zedcor's current Return-on-Tangible-Asset is -0.77%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zedcor stock overvalued right now?
Based on GuruFocus' analysis, Zedcor (ZDCAF) is currently considered Modestly Undervalued. The stock's GF Value™ is $4.41, compared to a current price of $3.45 — trading 21.7% below its estimated fair value. The current Return-on-Tangible-Asset is -0.77%. Zedcor's overall GF Score™ is 89/100 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 Zedcor (ZDCAF), the current Return-on-Tangible-Asset is -0.77% 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 Zedcor (ZDCAF) Overvalued in 2026?
Based on GuruFocus' analysis, Zedcor stock appears to be undervalued.
The current stock price of $3.45 is trading 21.7% below its estimated GF Value™ of $4.41.
GuruFocus considers Zedcor to be Modestly Undervalued.
Key valuation signals for ZDCAF:
Return-on-Tangible-Asset: -0.77%
GF Value™: $4.41 vs. price of $3.45 (21.7% below fair value)
No single metric tells the full story. See the ZDCAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zedcor Inc is engaged in providing security & surveillance services, and rental of surface equipment & accommodations in Western Canada. The firm offers three main services to customers across all market segments such as surveillance and live monitoring through its proprietary MobileyeZ security towers; surveillance and live monitoring of fixed site locations; and security personnel. The company's segment are Canada and the United States. It derives maximum revenue from Canada.
89GF Score
Get the complete analysis for ZDCAF
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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