Chorus AviationTSX:CHR -0.82%79 Return-on-Tangible-Equity is 5.70% as of Mar. 2026, which is 53% below its 10-year median of 12.25. GuruFocus rates TSX:CHR with a GF Score™ of 79/100 and a GF Value™ of C$20.39 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 974 Transportation companies, Chorus Aviation ranks better than 64.17% 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. Chorus Aviation's annualized net income for the quarter that ended in Mar. 2026 was C$28 Mil. Chorus Aviation's average shareholder tangible equity for the quarter that ended in Mar. 2026 was C$491 Mil. Therefore, Chorus Aviation's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 5.70%.
The historical rank and industry rank for Chorus Aviation's Return-on-Tangible-Equity or its related term are showing as below:
TSX:CHR'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -18.94 Med: 12.25 Max: 97.29
Current: 13.03
During the past 13 years, Chorus Aviation's highest Return-on-Tangible-Equity was 97.29%. The lowest was -18.94%. And the median was 12.25%.
TSX:CHR's Return-on-Tangible-Equity is ranked better than 64.17% of 974
companies
in the Transportation industry
Industry Median: 8.985
vs TSX:CHR: 13.03
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.
Chorus Aviation Return-on-Tangible-Equity Related Terms
Chorus Aviation Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Chorus Aviation'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.
TSX:CHR vs JOBY: Return-on-Tangible-Equity Comparison
For the Airports & Air Services subindustry, Chorus Aviation'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.
Chorus Aviation Return-on-Tangible-Equity vs Transportation Industry
For the Transportation industry and Industrials sector, Chorus Aviation's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Chorus Aviation'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 5.70% mean?
Chorus Aviation (TSX:CHR) has a Return-on-Tangible-Equity of 5.70% 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 Chorus Aviation and its competitors. This is 53% below median its historical median of 12.25. According to the industry distribution chart, Chorus Aviation ranks #349 out of 974 companies in the Transportation industry, placing it in the top 35.8%.
Is Chorus Aviation's Return-on-Tangible-Equity too high?
Chorus Aviation's current Return-on-Tangible-Equity of 5.70% is 53% below median its 10-year median of 12.25. The Transportation industry median Return-on-Tangible-Equity is 8.99. Chorus Aviation's value of 5.70% is 36.6% below this industry median. Based on the distribution chart, Chorus Aviation ranks #349 out of 974 companies in the Transportation industry, which is above the industry midpoint. Overall, Chorus Aviation has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chorus Aviation's Return-on-Tangible-Equity compare to JOBY?
According to the Transportation industry distribution chart, Chorus Aviation ranks #349 out of 974 companies for Return-on-Tangible-Equity. This puts Chorus Aviation in the upper half of its industry. The industry median Return-on-Tangible-Equity is 8.99. Chorus Aviation's value of 5.70% is 36.6% below this benchmark. While the company's 10-year median is 12.25 vs. the industry median of 8.99, Chorus Aviation 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 a Transportation company?
The median Return-on-Tangible-Equity among Transportation companies is 8.99, based on 974 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. Chorus Aviation's current Return-on-Tangible-Equity of 5.70% is 36.6% 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 Chorus Aviation and its competitors. For the Transportation industry, the median Return-on-Tangible-Equity is 8.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chorus Aviation's current Return-on-Tangible-Equity is 5.70%, which is 53% below median its own 10-year median of 12.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chorus Aviation stock overvalued right now?
Based on GuruFocus' analysis, Chorus Aviation (TSX:CHR) is currently considered Modestly Overvalued. The stock's GF Value™ is C$20.39, compared to a current price of C$24.19 — trading 18.6% above its estimated fair value. The current Return-on-Tangible-Equity is 5.70%, which is 53% below median its 10-year median of 12.25 and 36.6% below the Transportation industry median of 8.99. Chorus Aviation's overall GF Score™ is 79/100 with 9 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 Chorus Aviation (TSX:CHR), the current Return-on-Tangible-Equity is 5.70% 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 Chorus Aviation (TSX:CHR) Overvalued in 2026?
Based on GuruFocus' analysis, Chorus Aviation stock appears to be overvalued.
The current stock price of C$24.19 is trading 18.6% above its estimated GF Value™ of C$20.39.
GuruFocus considers Chorus Aviation to be Modestly Overvalued.
Key valuation signals for TSX:CHR:
Return-on-Tangible-Equity: 5.70% (53% below median its 10-year median of 12.25)
GF Value™: C$20.39 vs. price of C$24.19 (18.6% above fair value)
Industry Position: 36.6% below the Transportation median (#349 of 974)
No single metric tells the full story. See the TSX:CHR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chorus Aviation Inc is a Canadian holding company. The company focuses on delivering regional aviation to the world through its businesses. The company specializes in contract flying, maintenance, pilot training, repair and overhaul, and aircraft leasing solutions.
79GF Score
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