Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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.
Canare Electric CoCANRF 80 Return-on-Tangible-Equity is 4.57% as of Dec. 2025, which is 27% below its 10-year median of 6.23. GuruFocus rates CANRF with a GF Score™ of 80/100 and a GF Value™ of $9.31. The stock has 2 warning signs investors should review. Among 2,972 Industrial Products companies, Canare Electric Co ranks worse than 53.47% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Canare Electric Co's annualized net income for the quarter that ended in Dec. 2025 was $5.66 Mil. Canare Electric Co's average shareholder tangible equity for the quarter that ended in Dec. 2025 was $123.77 Mil. Therefore, Canare Electric Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 4.57%.
The historical rank and industry rank for Canare Electric Co's Return-on-Tangible-Equity or its related term are showing as below:
CANRF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 4.77 Med: 6.23 Max: 11.04
Current: 5.85
During the past 13 years, Canare Electric Co's highest Return-on-Tangible-Equity was 11.04%. The lowest was 4.77%. And the median was 6.23%.
CANRF's Return-on-Tangible-Equity is ranked worse than 53.47% of 2972
companies
in the Industrial Products industry
Industry Median: 6.72
vs CANRF: 5.85
Canare Electric Co (OTCPK:CANRF) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Canare Electric Co Return-on-Tangible-Equity Related Terms
Canare Electric Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Canare Electric Co's Return-on-Tangible-Equity 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.
Canare Electric Co Return-on-Tangible-Equity Chart
CANRF vs VRT, BE: Return-on-Tangible-Equity Comparison
For the Electrical Equipment & Parts subindustry, Canare Electric Co's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.
Canare Electric Co Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Canare Electric Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Canare Electric Co's Return-on-Tangible-Equity 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Dec. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 4.57% mean?
Canare Electric Co (CANRF) has a Return-on-Tangible-Equity of 4.57% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Canare Electric Co and its competitors. This is 27% below median its historical median of 6.23. Over the past decade, Canare Electric Co's Return-on-Tangible-Equity has ranged from 4.77 to 11.04. According to the industry distribution chart, Canare Electric Co ranks #1589 out of 2972 companies in the Industrial Products industry, placing it in the top 53.5%.
Is Canare Electric Co's Return-on-Tangible-Equity too high?
Canare Electric Co's current Return-on-Tangible-Equity of 4.57% is 27% below median its 10-year median of 6.23. Over the past 10 years, this metric has ranged from a low of 4.77 to a high of 11.04. The Industrial Products industry median Return-on-Tangible-Equity is 6.72. Canare Electric Co's value of 4.57% is 32% below this industry median. Based on the distribution chart, Canare Electric Co ranks #1589 out of 2972 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Canare Electric Co has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does Canare Electric Co's Return-on-Tangible-Equity compare to VRT and BE?
According to the Industrial Products industry distribution chart, Canare Electric Co ranks #1589 out of 2972 companies for Return-on-Tangible-Equity. This places Canare Electric Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 6.72. Canare Electric Co's value of 4.57% is 32% below this benchmark. Historically, Canare Electric Co's own Return-on-Tangible-Equity has ranged from 4.77 to 11.04 over the past decade. While the company's 10-year median is 6.23 vs. the industry median of 6.72, Canare Electric Co has consistently been below 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-Equity for an Industrial Products company?
The median Return-on-Tangible-Equity among Industrial Products companies is 6.72, based on 2,972 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Canare Electric Co's current Return-on-Tangible-Equity of 4.57% is 32% below 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-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Canare Electric Co and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 6.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canare Electric Co's current Return-on-Tangible-Equity is 4.57%, which is 27% below median its own 10-year median of 6.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canare Electric Co stock overvalued right now?
Canare Electric Co (CANRF) has a current Return-on-Tangible-Equity of 4.57%. The stock's GF Value™ is $9.31, compared to a current price of $9.96 — trading 7% above its estimated fair value. The current Return-on-Tangible-Equity is 4.57%, which is 27% below median its 10-year median of 6.23 and 32% below the Industrial Products industry median of 6.72. Canare Electric Co's overall GF Score™ is 80/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Canare Electric Co (CANRF), the current Return-on-Tangible-Equity is 4.57% as of Dec. 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 Canare Electric Co (CANRF) Overvalued in 2026?
Based on GuruFocus' analysis, Canare Electric Co stock appears to be overvalued.
The current stock price of $9.96 is trading 7% above its estimated GF Value™ of $9.31.
Key valuation signals for CANRF:
Return-on-Tangible-Equity: 4.57% (27% below median its 10-year median of 6.23)
GF Value™: $9.31 vs. price of $9.96 (7% above fair value)
Industry Position: 32% below the Industrial Products median (#1589 of 2972)
No single metric tells the full story. See the CANRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Canare Electric Co Ltd develops, manufactures, and sells audio and video cables, connectors, patchbays, assemblies, converters and related products, and fiber-optic products. Its products include video jacks, crimp plugs, coaxial cable strippers, receptacles, and adapters. It serves television broadcasting, and professional audio and video industries.
80GF Score
Get the complete analysis for CANRF
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
CANRF has been successfully added to your 
