Canadian UtilitiesCDUAF +0.51%69 Return-on-Tangible-Equity is 16.61% as of Mar. 2026, which is 68% above its 10-year median of 9.90. GuruFocus rates CDUAF with a GF Score™ of 69/100 and a GF Value™ of $25.92 (Significantly Overvalued). The stock has 14 warning signs investors should review. Among 499 Utilities - Regulated companies, Canadian Utilities ranks worse than 86.37% 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. Canadian Utilities's annualized net income for the quarter that ended in Mar. 2026 was $653 Mil. Canadian Utilities's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $3,931 Mil. Therefore, Canadian Utilities's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 16.61%.
The historical rank and industry rank for Canadian Utilities's Return-on-Tangible-Equity or its related term are showing as below:
CDUAF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 1.89 Med: 9.9 Max: 16.05
Current: 1.89
During the past 13 years, Canadian Utilities's highest Return-on-Tangible-Equity was 16.05%. The lowest was 1.89%. And the median was 9.90%.
CDUAF's Return-on-Tangible-Equity is ranked worse than 86.37% of 499
companies
in the Utilities - Regulated industry
Industry Median: 10.9
vs CDUAF: 1.89
Canadian Utilities (OTCPK:CDUAF) 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.
Canadian Utilities Return-on-Tangible-Equity Related Terms
Canadian Utilities Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Canadian Utilities'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.
Canadian Utilities Return-on-Tangible-Equity Chart
CDUAF vs SRE, AES: Return-on-Tangible-Equity Comparison
For the Utilities - Diversified subindustry, Canadian Utilities'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.
Canadian Utilities Return-on-Tangible-Equity vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Canadian Utilities's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Canadian Utilities'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 (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 16.61% mean?
Canadian Utilities (CDUAF) has a Return-on-Tangible-Equity of 16.61% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Canadian Utilities and its competitors. This is 68% above median its historical median of 9.90. Over the past decade, Canadian Utilities' Return-on-Tangible-Equity has ranged from 1.89 to 16.05. According to the industry distribution chart, Canadian Utilities ranks #431 out of 499 companies in the Utilities - Regulated industry, placing it in the top 86.4%.
Is Canadian Utilities' Return-on-Tangible-Equity too high?
Canadian Utilities' current Return-on-Tangible-Equity of 16.61% is 68% above median its 10-year median of 9.90. Over the past 10 years, this metric has ranged from a low of 1.89 to a high of 16.05. The Utilities - Regulated industry median Return-on-Tangible-Equity is 10.90. Canadian Utilities' value of 16.61% is 52.4% above this industry median. Based on the distribution chart, Canadian Utilities ranks #431 out of 499 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Canadian Utilities has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Canadian Utilities' Return-on-Tangible-Equity compare to SRE and AES?
According to the Utilities - Regulated industry distribution chart, Canadian Utilities ranks #431 out of 499 companies for Return-on-Tangible-Equity. This places Canadian Utilities in the lower half of its industry. The industry median Return-on-Tangible-Equity is 10.90. Canadian Utilities' value of 16.61% is 52.4% above this benchmark. Historically, Canadian Utilities' own Return-on-Tangible-Equity has ranged from 1.89 to 16.05 over the past decade. While the company's 10-year median is 9.90 vs. the industry median of 10.90, Canadian Utilities 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-Equity for an Utilities - Regulated company?
The median Return-on-Tangible-Equity among Utilities - Regulated companies is 10.90, based on 499 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. Canadian Utilities's current Return-on-Tangible-Equity of 16.61% is 52.4% 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-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 Canadian Utilities and its competitors. For the Utilities - Regulated industry, the median Return-on-Tangible-Equity is 10.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canadian Utilities's current Return-on-Tangible-Equity is 16.61%, which is 68% above median its own 10-year median of 9.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canadian Utilities stock overvalued right now?
Based on GuruFocus' analysis, Canadian Utilities (CDUAF) is currently considered Significantly Overvalued. The stock's GF Value™ is $25.92, compared to a current price of $37.69 — trading 45.4% above its estimated fair value. The current Return-on-Tangible-Equity is 16.61%, which is 68% above median its 10-year median of 9.90 and 52.4% above the Utilities - Regulated industry median of 10.90. Canadian Utilities' overall GF Score™ is 69/100 with 14 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 Canadian Utilities (CDUAF), the current Return-on-Tangible-Equity is 16.61% 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 Canadian Utilities (CDUAF) Overvalued in 2026?
Based on GuruFocus' analysis, Canadian Utilities stock appears to be overvalued.
The current stock price of $37.69 is trading 45.4% above its estimated GF Value™ of $25.92.
GuruFocus considers Canadian Utilities to be Significantly Overvalued.
Key valuation signals for CDUAF:
Return-on-Tangible-Equity: 16.61% (68% above median its 10-year median of 9.90)
GF Value™: $25.92 vs. price of $37.69 (45.4% above fair value)
Industry Position: 52.4% above the Utilities - Regulated median (#431 of 499)
No single metric tells the full story. See the CDUAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Canadian Utilities Ltd, a subsidiary of holding company Atco, offers gas and electricity services. The company is engaged in segments that include ATCO Energy Systems, ATCO EnPower, ATCO Australia, and Corporate & Other. Headquartered in Calgary, Alberta, the firm mainly operates in Canada, Australia, and others. The company generates maximum revenue from Canada. Canadian Utilities launched a large venture called Atco Energy, which provides low-cost and sustainable energy solutions for Alberta.
69GF Score
Get the complete analysis for CDUAF
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
CDUAF has been successfully added to your 
