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. Goodfood Market's annualized net income for the quarter that ended in Feb. 2026 was C$-27.1 Mil. Goodfood Market's average shareholder tangible equity for the quarter that ended in Feb. 2026 was C$-35.9 Mil. Therefore, Goodfood Market's annualized Return-on-Tangible-Equity for the quarter that ended in Feb. 2026 was N/A%.
The historical rank and industry rank for Goodfood Market's Return-on-Tangible-Equity or its related term are showing as below:
TSX:FOOD's Return-on-Tangible-Equity is not ranked *
in the Personal Services industry.
Industry Median: 12.91 * Ranked among companies with meaningful Return-on-Tangible-Equity only.
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.
Goodfood Market Return-on-Tangible-Equity Related Terms
Goodfood Market Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Goodfood Market'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:FOOD vs ROL, SCI, FTDR: Return-on-Tangible-Equity Comparison
For the Personal Services subindustry, Goodfood Market'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.
Goodfood Market Return-on-Tangible-Equity vs Personal Services Industry
For the Personal Services industry and Consumer Cyclical sector, Goodfood Market's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Goodfood Market'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 (Feb. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 0.00% mean?
Goodfood Market (TSX:FOOD) has a Return-on-Tangible-Equity of 0.00% as of Feb. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Goodfood Market and its competitors. According to the industry distribution chart, Goodfood Market ranks #999999 out of 85 companies in the Personal Services industry.
Is Goodfood Market's Return-on-Tangible-Equity too high?
Goodfood Market's current Return-on-Tangible-Equity is 0.00%. Based on the distribution chart, Goodfood Market ranks #999999 out of 85 companies in the Personal Services industry, which is in the bottom quartile relative to peers. Overall, Goodfood Market has a GF Score™ of 27/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Goodfood Market's Return-on-Tangible-Equity compare to ROL and SCI?
According to the Personal Services industry distribution chart, Goodfood Market ranks #999999 out of 85 companies for Return-on-Tangible-Equity. This places Goodfood Market in the lower half of its industry. The industry median Return-on-Tangible-Equity is 12.91. 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 Personal Services company?
The median Return-on-Tangible-Equity among Personal Services companies is 12.91, based on 85 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. 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 Goodfood Market and its competitors. For the Personal Services industry, the median Return-on-Tangible-Equity is 12.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Goodfood Market's current Return-on-Tangible-Equity is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goodfood Market stock overvalued right now?
Based on GuruFocus' analysis, Goodfood Market (TSX:FOOD) is currently considered Fairly Valued. The stock's GF Value™ is C$0.16, compared to a current price of C$0.16 — trading right at its estimated fair value. The current Return-on-Tangible-Equity is 0.00%. Goodfood Market's overall GF Score™ is 27/100 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 Goodfood Market (TSX:FOOD), the current Return-on-Tangible-Equity is 0.00% as of Feb. 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 Goodfood Market (TSX:FOOD) Overvalued in 2026?
Based on GuruFocus' analysis, Goodfood Market stock appears to be undervalued.
The current stock price of C$0.16 is trading 0% below its estimated GF Value™ of C$0.16.
GuruFocus considers Goodfood Market to be Fairly Valued.
Key valuation signals for TSX:FOOD:
Return-on-Tangible-Equity: 0.00%
GF Value™: C$0.16 vs. price of C$0.16 (0% below fair value)
No single metric tells the full story. See the TSX:FOOD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Goodfood Market Corp is an online grocery company in Canada that delivers fresh meal solutions and groceries that make it easy for members to enjoy delicious meals at home every day. The principal business activity is focused on developing and servicing the online meal kit and grocery add-on market. Goodfood members have access to products and exclusive pricing made possible by its direct-to-consumer fulfillment ecosystem that eliminates waste and retail overhead. It has a production facility and administrative offices in Montreal, with five additional facilities located in Quebec, Ontario, Alberta, and British Columbia. The company is passionate about connecting its partner farms and suppliers to its customers' kitchens while eliminating food waste and costly retail overhead.
27GF Score
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