Canaf InvestmentsCAFZF 66 ROA % is 8.26% as of Apr. 2026, which is 39% below its 10-year median of 13.45. GuruFocus rates CAFZF with a GF Score™ of 66/100 and a GF Value™ of $0.17 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 637 Steel companies, Canaf Investments ranks better than 94.98% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Canaf Investments's annualizedNet Income for the quarter that ended in Apr. 2026 was $1.15 Mil.
Canaf Investments's average Total Assets over the quarter that ended in Apr. 2026 was $13.90 Mil. Therefore, Canaf Investments's annualized ROA % for the quarter that ended in Apr. 2026 was 8.26%.
The historical rank and industry rank for Canaf Investments's ROA % or its related term are showing as below:
CAFZF'
s ROA % Range Over the Past 10 Years
Min: -5.82 Med: 13.45 Max: 18.5
Current: 12.77
During the past 13 years, Canaf Investments's highest ROA % was 18.50%. The lowest was -5.82%. And the median was 13.45%.
CAFZF's ROA % is ranked better than 94.98% of 637
companies
in the Steel industry
Industry Median: 1.92
vs CAFZF: 12.77
Canaf Investments (OTCPK:CAFZF) 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 (Apr. 2026) net income data. The Revenue data used here is four times the quarterly (Apr. 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.
Canaf Investments ROA % Related Terms
Canaf Investments ROA % Historical Data
* Premium members only.
The historical data trend for Canaf Investments'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 Coking Coal subindustry, Canaf Investments'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.
Canaf Investments ROA % vs Steel Industry
For the Steel industry and Basic Materials sector, Canaf Investments's ROA % distribution charts can be found below:
* The bar in red indicates where Canaf Investments'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 (Apr. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Canaf Investments (CAFZF) has a ROA % of 8.26% as of Apr. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Canaf Investments and its competitors. This is 39% below median its historical median of 13.45. According to the industry distribution chart, Canaf Investments ranks #32 out of 637 companies in the Steel industry, placing it in the top 5%.
Is Canaf Investments' ROA % too high?
Canaf Investments' current ROA % of 8.26% is 39% below median its 10-year median of 13.45. The Steel industry median ROA % is 1.92. Canaf Investments' value of 8.26% is 330.2% above this industry median. Based on the distribution chart, Canaf Investments ranks #32 out of 637 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Canaf Investments has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Canaf Investments' ROA % compare to HCC and AMR?
According to the Steel industry distribution chart, Canaf Investments ranks #32 out of 637 companies for ROA %. This places Canaf Investments in the top 5% of its industry — outperforming the majority of peers. The industry median ROA % is 1.92. Canaf Investments' value of 8.26% is 330.2% above this benchmark. While the company's 10-year median is 13.45 vs. the industry median of 1.92, Canaf Investments 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 ROA % for a Steel company?
The median ROA % among Steel companies is 1.92, based on 637 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. Canaf Investments's current ROA % of 8.26% is 330.2% 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 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 Canaf Investments and its competitors. For the Steel industry, the median ROA % is 1.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canaf Investments's current ROA % is 8.26%, which is 39% below median its own 10-year median of 13.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canaf Investments stock overvalued right now?
Based on GuruFocus' analysis, Canaf Investments (CAFZF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.17, compared to a current price of $0.24 — trading 40.6% above its estimated fair value. The current ROA % is 8.26%, which is 39% below median its 10-year median of 13.45 and 330.2% above the Steel industry median of 1.92. Canaf Investments' overall GF Score™ is 66/100 with 1 warning sign 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 Canaf Investments (CAFZF), the current ROA % is 8.26% as of Apr. 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 Canaf Investments (CAFZF) Overvalued in 2026?
Based on GuruFocus' analysis, Canaf Investments stock appears to be overvalued.
The current stock price of $0.24 is trading 40.6% above its estimated GF Value™ of $0.17.
GuruFocus considers Canaf Investments to be Significantly Overvalued.
Key valuation signals for CAFZF:
ROA %: 8.26% (39% below median its 10-year median of 13.45)
GF Value™: $0.17 vs. price of $0.24 (40.6% above fair value)
Industry Position: 330.2% above the Steel median (#32 of 637)
No single metric tells the full story. See the CAFZF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Canaf Investments Inc is a Canadian company that owns and operates a coal processing plant in South Africa that processes coal and coal products into calcine, a coke substitute with high carbon content. The company, through its subsidiaries, produces calcined anthracite used in the manufacturing process of steel and manganese. The company operates in two reportable segments: head office operations in Canada and the coal processing business in South Africa, out of which the majority of revenue comes from South Africa.
66GF Score
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