Canadian Solar Infrastructure Fund (TSE:9284) Return-on-Tangible-Equity: 7.32% (As of Dec. 2025) — 10% Above Median

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TSE:9284 Canadian Solar Infrastructure Fund Inc TSE:9284
69 GF Score
Price 円77,300.00
GF Value 円103,159.00
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Canadian Solar Infrastructure Fund Return-on-Tangible-Equity?

Canadian Solar Infrastructure Fund TSE:9284 +1.44% 69 Return-on-Tangible-Equity is 7.32% as of Dec. 2025, which is 10% above its 10-year median of 6.63. GuruFocus rates TSE:9284 with a GF Score™ of 69/100 and a GF Value™ of 円103,159.00 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 926 REITs companies, Canadian Solar Infrastructure Fund ranks better than 51.94% 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 Solar Infrastructure Fund's annualized net income for the quarter that ended in Dec. 2025 was 円3,124 Mil. Canadian Solar Infrastructure Fund's average shareholder tangible equity for the quarter that ended in Dec. 2025 was 円42,674 Mil. Therefore, Canadian Solar Infrastructure Fund's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 7.32%.

The historical rank and industry rank for Canadian Solar Infrastructure Fund's Return-on-Tangible-Equity or its related term are showing as below:

TSE:9284' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 5.7   Med: 6.63   Max: 7.35
Current: 6.54

During the past 9 years, Canadian Solar Infrastructure Fund's highest Return-on-Tangible-Equity was 7.35%. The lowest was 5.70%. And the median was 6.63%.

TSE:9284's Return-on-Tangible-Equity is ranked better than
51.94% of 926 companies
in the REITs industry
Industry Median: 6.27 vs TSE:9284: 6.54

Canadian Solar Infrastructure Fund  (TSE:9284) 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 Solar Infrastructure Fund Return-on-Tangible-Equity Related Terms


Canadian Solar Infrastructure Fund Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Canadian Solar Infrastructure Fund'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 Solar Infrastructure Fund Return-on-Tangible-Equity Chart

Canadian Solar Infrastructure Fund Annual Data
Trend Sep17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only 7.35 7.02 5.70 6.55 6.51

Canadian Solar Infrastructure Fund Semi-Annual Data
Sep17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.65 6.46 6.57 5.80 7.32

TSE:9284 vs EQIX, AMT, DLR: Return-on-Tangible-Equity Comparison

For the REIT - Specialty subindustry, Canadian Solar Infrastructure Fund'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 Solar Infrastructure Fund Return-on-Tangible-Equity vs REITs Industry

For the REITs industry and Real Estate sector, Canadian Solar Infrastructure Fund's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Canadian Solar Infrastructure Fund's Return-on-Tangible-Equity falls into.


TSE:9284
69GF Score
Canadian Solar Infrastructure Fund Inc TSE:9284
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Canadian Solar Infrastructure Fund Return-on-Tangible-Equity Calculation

Canadian Solar Infrastructure Fund's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=2810.873/( (43583.593+42751.223 )/ 2 )
=2810.873/43167.408
=6.51 %

Canadian Solar Infrastructure Fund's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=3124.112/( (42596.902+42751.223)/ 2 )
=3124.112/42674.0625
=7.32 %

* 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 two times the semi-annual (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 7.32% mean?
Canadian Solar Infrastructure Fund (TSE:9284) has a Return-on-Tangible-Equity of 7.32% 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 Canadian Solar Infrastructure Fund and its competitors. This is 10% above median its historical median of 6.63. Over the past decade, Canadian Solar Infrastructure Fund's Return-on-Tangible-Equity has ranged from 5.70 to 7.35. According to the industry distribution chart, Canadian Solar Infrastructure Fund ranks #445 out of 926 companies in the REITs industry, placing it in the top 48.1%.
Is Canadian Solar Infrastructure Fund's Return-on-Tangible-Equity too high?
Canadian Solar Infrastructure Fund's current Return-on-Tangible-Equity of 7.32% is 10% above median its 10-year median of 6.63. Over the past 10 years, this metric has ranged from a low of 5.70 to a high of 7.35. The REITs industry median Return-on-Tangible-Equity is 6.27. Canadian Solar Infrastructure Fund's value of 7.32% is 16.7% above this industry median. Based on the distribution chart, Canadian Solar Infrastructure Fund ranks #445 out of 926 companies in the REITs industry, which is above the industry midpoint. Overall, Canadian Solar Infrastructure Fund has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Canadian Solar Infrastructure Fund's Return-on-Tangible-Equity compare to EQIX and AMT?
According to the REITs industry distribution chart, Canadian Solar Infrastructure Fund ranks #445 out of 926 companies for Return-on-Tangible-Equity. This puts Canadian Solar Infrastructure Fund in the upper half of its industry. The industry median Return-on-Tangible-Equity is 6.27. Canadian Solar Infrastructure Fund's value of 7.32% is 16.7% above this benchmark. Historically, Canadian Solar Infrastructure Fund's own Return-on-Tangible-Equity has ranged from 5.70 to 7.35 over the past decade. While the company's 10-year median is 6.63 vs. the industry median of 6.27, Canadian Solar Infrastructure Fund 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 REITs company?
The median Return-on-Tangible-Equity among REITs companies is 6.27, based on 926 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 Solar Infrastructure Fund's current Return-on-Tangible-Equity of 7.32% is 16.7% 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 Solar Infrastructure Fund and its competitors. For the REITs industry, the median Return-on-Tangible-Equity is 6.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canadian Solar Infrastructure Fund's current Return-on-Tangible-Equity is 7.32%, which is 10% above median its own 10-year median of 6.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canadian Solar Infrastructure Fund stock overvalued right now?
Based on GuruFocus' analysis, Canadian Solar Infrastructure Fund (TSE:9284) is currently considered Modestly Undervalued. The stock's GF Value™ is 円103,159.00, compared to a current price of 円77,300.00 — trading 25.1% below its estimated fair value. The current Return-on-Tangible-Equity is 7.32%, which is 10% above median its 10-year median of 6.63 and 16.7% above the REITs industry median of 6.27. Canadian Solar Infrastructure Fund's overall GF Score™ is 69/100 with 5 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 Solar Infrastructure Fund (TSE:9284), the current Return-on-Tangible-Equity is 7.32% 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 Canadian Solar Infrastructure Fund (TSE:9284) Overvalued in 2026?

Based on GuruFocus' analysis, Canadian Solar Infrastructure Fund stock appears to be undervalued. The current stock price of 円77,300.00 is trading 25.1% below its estimated GF Value™ of 円103,159.00. GuruFocus considers Canadian Solar Infrastructure Fund to be Modestly Undervalued.

Key valuation signals for TSE:9284:

  • Return-on-Tangible-Equity: 7.32% (10% above median its 10-year median of 6.63)
  • GF Value™: 円103,159.00 vs. price of 円77,300.00 (25.1% below fair value)
  • GF Score™: 69/100 with 5 warning signs
  • Industry Position: 16.7% above the REITs median (#445 of 926)

No single metric tells the full story. See the TSE:9284 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Canadian Solar Infrastructure Fund Business Description

Industry Real EstateREITs
Address 2-1-1 Nishi-Shinjuku, 43rd floor, Shinjuku Mitsui Building, Shinjuku-ku, Tokyo, JPN
Canadian Solar Infrastructure Fund Inc invests in renewable energy generating facilities.
69GF Score

Get the complete analysis for TSE:9284

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円77,300.00
Price
円103,159.00
GF Value