George Weston (TSX:WN) Return-on-Tangible-Equity: Negative Tangible Equity% (As of Mar. 2026)


TSX:WN George Weston Ltd TSX:WN
79 GF Score
Price C$99.64
GF Value C$83.95
Valuation Modestly Overvalued
! 6 Warning Signs
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What is George Weston Return-on-Tangible-Equity?

George Weston TSX:WN -0.99% 79 Return-on-Tangible-Equity is Negative Tangible Equity% as of Mar. 2026. GuruFocus rates TSX:WN with a GF Score™ of 79/100 and a GF Value™ of C$83.95 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 298 Retail - Defensive companies, George Weston ranks better than 99.66% 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. George Weston's annualized net income for the quarter that ended in Mar. 2026 was C$464 Mil. George Weston's average shareholder tangible equity for the quarter that ended in Mar. 2026 was C$-5,052 Mil. Therefore, George Weston's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was Negative Tangible Equity%.

The historical rank and industry rank for George Weston's Return-on-Tangible-Equity or its related term are showing as below:

TSX:WN' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0
Current: Negative Tangible Equity

TSX:WN's Return-on-Tangible-Equity is ranked better than
99.66% of 298 companies
in the Retail - Defensive industry
Industry Median: 11.085 vs TSX:WN: Negative Tangible Equity

George Weston  (TSX:WN) 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.


George Weston Return-on-Tangible-Equity Related Terms


George Weston Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for George Weston'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.

George Weston Return-on-Tangible-Equity Chart

George Weston Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity

George Weston Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 Premium Member Only Premium Member Only Premium Member Only Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity

TSX:WN vs KR, SFM, ACI: Return-on-Tangible-Equity Comparison

For the Grocery Stores subindustry, George Weston'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.


George Weston Return-on-Tangible-Equity vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, George Weston's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where George Weston's Return-on-Tangible-Equity falls into.


TSX:WN
79GF Score
George Weston Ltd TSX:WN
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

George Weston Return-on-Tangible-Equity Calculation

George Weston'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 )
=1142/( (-4120+-4856 )/ 2 )
=1142/-4488
=Negative Tangible Equity %

George Weston's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=464/( (-4856+-5247)/ 2 )
=464/-5051.5
=Negative Tangible Equity %

* 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 Negative Tangible Equity% mean?
George Weston (TSX:WN) has a Return-on-Tangible-Equity of Negative Tangible Equity% 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 George Weston and its competitors. According to the industry distribution chart, George Weston ranks #1 out of 298 companies in the Retail - Defensive industry, placing it in the top 0.3%.
Is George Weston's Return-on-Tangible-Equity too high?
George Weston's current Return-on-Tangible-Equity is Negative Tangible Equity%. Based on the distribution chart, George Weston ranks #1 out of 298 companies in the Retail - Defensive industry, which is in the top quartile — a strong position relative to peers. Overall, George Weston has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does George Weston's Return-on-Tangible-Equity compare to KR and SFM?
According to the Retail - Defensive industry distribution chart, George Weston ranks #1 out of 298 companies for Return-on-Tangible-Equity. This places George Weston in the top 0% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 11.09. 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 Retail - Defensive company?
The median Return-on-Tangible-Equity among Retail - Defensive companies is 11.09, based on 298 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 George Weston and its competitors. For the Retail - Defensive industry, the median Return-on-Tangible-Equity is 11.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. George Weston's current Return-on-Tangible-Equity is Negative Tangible Equity%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is George Weston stock overvalued right now?
Based on GuruFocus' analysis, George Weston (TSX:WN) is currently considered Modestly Overvalued. The stock's GF Value™ is C$83.95, compared to a current price of C$99.64 — trading 18.7% above its estimated fair value. The current Return-on-Tangible-Equity is Negative Tangible Equity%. George Weston's overall GF Score™ is 79/100 with 6 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 George Weston (TSX:WN), the current Return-on-Tangible-Equity is Negative Tangible Equity% 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 George Weston (TSX:WN) Overvalued in 2026?

Based on GuruFocus' analysis, George Weston stock appears to be overvalued. The current stock price of C$99.64 is trading 18.7% above its estimated GF Value™ of C$83.95. GuruFocus considers George Weston to be Modestly Overvalued.

Key valuation signals for TSX:WN:

  • Return-on-Tangible-Equity: Negative Tangible Equity%
  • GF Value™: C$83.95 vs. price of C$99.64 (18.7% above fair value)
  • GF Score™: 79/100 with 6 warning signs

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


George Weston Business Description

Address 22 St. Clair Avenue East, Suite 800, Toronto, ON, CAN, M4T 2S5
George Weston is a holding company that controls majority stakes in retailer Loblaw and in Choice Properties, a real estate investment trust. Loblaw boasts the largest retail footprint across Canada with 2,500 food retail and pharmacy stores under banners such as Loblaw, No-Frills, Maxi, and Shoppers Drug Mart. Meanwhile, open-ended Choice Properties REIT owns and manages over 700 commercial and residential properties in Canada, generating roughly 60% of its gross rental revenue from its largest tenant Loblaw. Previously, George Weston sold its wholly owned bakery Weston Foods in 2022. The firm is controlled by the Weston family, which owns a 60% stake.
79GF Score

Get the complete analysis for TSX:WN

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

C$99.64
Price
C$83.95
GF Value