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Canlan Ice SportsCNLFF 72 Return-on-Tangible-Equity is 47.60% as of Mar. 2026, which is 767% above its 10-year median of 5.49. GuruFocus rates CNLFF with a GF Score™ of 72/100 and a GF Value™ of $3.13. The stock has 4 warning signs investors should review. Among 796 Travel & Leisure companies, Canlan Ice Sports ranks better than 56.28% 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. Canlan Ice Sports's annualized net income for the quarter that ended in Mar. 2026 was $13.29 Mil. Canlan Ice Sports's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $27.91 Mil. Therefore, Canlan Ice Sports's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 47.60%.
The historical rank and industry rank for Canlan Ice Sports's Return-on-Tangible-Equity or its related term are showing as below:
CNLFF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -14.13 Med: 5.49 Max: 10.87
Current: 9.85
During the past 13 years, Canlan Ice Sports's highest Return-on-Tangible-Equity was 10.87%. The lowest was -14.13%. And the median was 5.49%.
CNLFF's Return-on-Tangible-Equity is ranked better than 56.28% of 796
companies
in the Travel & Leisure industry
Industry Median: 7.615
vs CNLFF: 9.85
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.
Canlan Ice Sports Return-on-Tangible-Equity Related Terms
Canlan Ice Sports Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Canlan Ice Sports'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.
CNLFF vs AS, HAS, LTH: Return-on-Tangible-Equity Comparison
For the Leisure subindustry, Canlan Ice Sports'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.
Canlan Ice Sports Return-on-Tangible-Equity vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Canlan Ice Sports's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Canlan Ice Sports'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 47.60% mean?
Canlan Ice Sports (CNLFF) has a Return-on-Tangible-Equity of 47.60% 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 Canlan Ice Sports and its competitors. This is 767% above median its historical median of 5.49. According to the industry distribution chart, Canlan Ice Sports ranks #348 out of 796 companies in the Travel & Leisure industry, placing it in the top 43.7%.
Is Canlan Ice Sports' Return-on-Tangible-Equity too high?
Canlan Ice Sports' current Return-on-Tangible-Equity of 47.60% is 767% above median its 10-year median of 5.49. The Travel & Leisure industry median Return-on-Tangible-Equity is 7.62. Canlan Ice Sports' value of 47.60% is 525.1% above this industry median. Based on the distribution chart, Canlan Ice Sports ranks #348 out of 796 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Canlan Ice Sports has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does Canlan Ice Sports' Return-on-Tangible-Equity compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Canlan Ice Sports ranks #348 out of 796 companies for Return-on-Tangible-Equity. This puts Canlan Ice Sports in the upper half of its industry. The industry median Return-on-Tangible-Equity is 7.62. Canlan Ice Sports' value of 47.60% is 525.1% above this benchmark. While the company's 10-year median is 5.49 vs. the industry median of 7.62, Canlan Ice Sports 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 a Travel & Leisure company?
The median Return-on-Tangible-Equity among Travel & Leisure companies is 7.62, based on 796 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. Canlan Ice Sports's current Return-on-Tangible-Equity of 47.60% is 525.1% 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 Canlan Ice Sports and its competitors. For the Travel & Leisure industry, the median Return-on-Tangible-Equity is 7.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canlan Ice Sports's current Return-on-Tangible-Equity is 47.60%, which is 767% above median its own 10-year median of 5.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canlan Ice Sports stock overvalued right now?
Canlan Ice Sports (CNLFF) has a current Return-on-Tangible-Equity of 47.60%. The stock's GF Value™ is $3.13, compared to a current price of $2.97 — trading 5% below its estimated fair value. The current Return-on-Tangible-Equity is 47.60%, which is 767% above median its 10-year median of 5.49 and 525.1% above the Travel & Leisure industry median of 7.62. Canlan Ice Sports' overall GF Score™ is 72/100 with 4 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 Canlan Ice Sports (CNLFF), the current Return-on-Tangible-Equity is 47.60% 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 Canlan Ice Sports (CNLFF) Overvalued in 2026?
Based on GuruFocus' analysis, Canlan Ice Sports stock appears to be undervalued.
The current stock price of $2.97 is trading 5% below its estimated GF Value™ of $3.13.
Key valuation signals for CNLFF:
Return-on-Tangible-Equity: 47.60% (767% above median its 10-year median of 5.49)
GF Value™: $3.13 vs. price of $2.97 (5% below fair value)
Industry Position: 525.1% above the Travel & Leisure median (#348 of 796)
No single metric tells the full story. See the CNLFF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Canlan Ice Sports Corp is focused on the development, lease, acquisition, and operation of multi-purpose recreation and entertainment facilities in North America. The company has a single operating segment, which is an Ice rink and recreational facilities, that derives revenue from food and beverage, sports stores, sponsorship, Others, space rental, management, and consulting fees. Geographically, it generates the majority of its revenue from Canada.
72GF Score
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