Tenaz EnergyATUUF 69 ROA % is -17.28% as of Mar. 2026. GuruFocus rates ATUUF with a GF Score™ of 69/100 and a GF Value™ of $45.27 (Modestly Undervalued). The stock has 10 warning signs investors should review. Among 1,030 Oil & Gas companies, Tenaz Energy ranks better than 87.38% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Tenaz Energy's annualizedNet Income for the quarter that ended in Mar. 2026 was $-323.9 Mil.
Tenaz Energy's average Total Assets over the quarter that ended in Mar. 2026 was $1,874.2 Mil. Therefore, Tenaz Energy's annualized ROA % for the quarter that ended in Mar. 2026 was -17.28%.
The historical rank and industry rank for Tenaz Energy's ROA % or its related term are showing as below:
ATUUF'
s ROA % Range Over the Past 10 Years
Min: -44.07 Med: 4.04 Max: 21.61
Current: 10.48
During the past 13 years, Tenaz Energy's highest ROA % was 21.61%. The lowest was -44.07%. And the median was 4.04%.
ATUUF's ROA % is ranked better than 87.38% of 1030
companies
in the Oil & Gas industry
Industry Median: 1.895
vs ATUUF: 10.48
Tenaz Energy (OTCPK:ATUUF) ROA % Explanation
ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A banks ROA % is typically well under 2%.
Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:
Note:
The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.
* 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.
Be Aware
Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.
E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.
Tenaz Energy ROA % Related Terms
Tenaz Energy ROA % Historical Data
* Premium members only.
The historical data trend for Tenaz Energy's ROA % 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.
For the Oil & Gas E&P subindustry, Tenaz Energy's ROA %, along with its competitors' market caps and ROA % 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.
Tenaz Energy ROA % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Tenaz Energy's ROA % distribution charts can be found below:
* The bar in red indicates where Tenaz Energy's ROA % 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 ROA %, the net income of the last fiscal year and the average total assets 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.
ROA % is displayed in the 30-year financial page.
Tenaz Energy (ATUUF) has a ROA % of -17.28% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Tenaz Energy and its competitors. According to the industry distribution chart, Tenaz Energy ranks #130 out of 1030 companies in the Oil & Gas industry, placing it in the top 12.6%.
Is Tenaz Energy's ROA % too high?
Tenaz Energy's current ROA % is -17.28%. Based on the distribution chart, Tenaz Energy ranks #130 out of 1030 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Tenaz Energy has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tenaz Energy's ROA % compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Tenaz Energy ranks #130 out of 1030 companies for ROA %. This places Tenaz Energy in the top 13% of its industry — outperforming the majority of peers. The industry median ROA % is 1.90. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROA % for an Oil & Gas company?
The median ROA % among Oil & Gas companies is 1.90, based on 1,030 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Tenaz Energy and its competitors. For the Oil & Gas industry, the median ROA % is 1.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tenaz Energy's current ROA % is -17.28%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tenaz Energy stock overvalued right now?
Based on GuruFocus' analysis, Tenaz Energy (ATUUF) is currently considered Modestly Undervalued. The stock's GF Value™ is $45.27, compared to a current price of $32.90 — trading 27.3% below its estimated fair value. The current ROA % is -17.28%. Tenaz Energy's overall GF Score™ is 69/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Tenaz Energy (ATUUF), the current ROA % is -17.28% 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 Tenaz Energy (ATUUF) Overvalued in 2026?
Based on GuruFocus' analysis, Tenaz Energy stock appears to be undervalued.
The current stock price of $32.90 is trading 27.3% below its estimated GF Value™ of $45.27.
GuruFocus considers Tenaz Energy to be Modestly Undervalued.
Key valuation signals for ATUUF:
ROA %: -17.28%
GF Value™: $45.27 vs. price of $32.90 (27.3% below fair value)
No single metric tells the full story. See the ATUUF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tenaz Energy Corp is an energy company focused on the acquisition and sustainable development of international oil and gas assets capable of returning free cash flow to shareholders. Tenaz has domestic operations in Canada along with offshore natural gas and midstream assets in the Netherlands. The group produces crude oil and natural gas from several formations within the Mannville Group at Leduc-Woodbend in central Alberta. It has two operating segments Canadian business unit and the Netherlands business unit, and it derives revenue from the sale of petroleum and natural gas products such as heavy crude oil, light crude and medium crude oil, natural gas, and natural gas liquids of which key revenue is derived from the sale of heavy crude oil.
69GF Score
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