CDUAF (Canadian Utilities) ROA %: 3.66% (As of Mar. 2026) — 32% Above Median


CDUAF Canadian Utilities Ltd CDUAF
71 GF Score
Price $36.67
GF Value $26.42
Valuation Significantly Overvalued
! 14 Warning Signs
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What is Canadian Utilities ROA %?

Canadian Utilities CDUAF -0.07% 71 ROA % is 3.66% as of Mar. 2026, which is 32% above its 10-year median of 2.77. GuruFocus rates CDUAF with a GF Score™ of 71/100 and a GF Value™ of $26.42 (Significantly Overvalued). The stock has 14 warning signs investors should review. Among 511 Utilities - Regulated companies, Canadian Utilities ranks worse than 83.76% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Canadian Utilities's annualized Net Income for the quarter that ended in Mar. 2026 was $653 Mil. Canadian Utilities's average Total Assets over the quarter that ended in Mar. 2026 was $17,826 Mil. Therefore, Canadian Utilities's annualized ROA % for the quarter that ended in Mar. 2026 was 3.66%.

The historical rank and industry rank for Canadian Utilities's ROA % or its related term are showing as below:

CDUAF' s ROA % Range Over the Past 10 Years
Min: 0.44   Med: 2.77   Max: 4.54
Current: 0.44

During the past 13 years, Canadian Utilities's highest ROA % was 4.54%. The lowest was 0.44%. And the median was 2.77%.

CDUAF's ROA % is ranked worse than
83.76% of 511 companies
in the Utilities - Regulated industry
Industry Median: 3.02 vs CDUAF: 0.44

Canadian Utilities  (OTCPK:CDUAF) 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 bank’s 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:

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=653.06/17825.657
=(Net Income / Revenue)*(Revenue / Total Assets)
=(653.06 / 3160.348)*(3160.348 / 17825.657)
=Net Margin %*Asset Turnover
=20.66 %*0.1773
=3.66 %

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.


Canadian Utilities ROA % Related Terms


Canadian Utilities ROA % Historical Data

* Premium members only.

The historical data trend for Canadian Utilities'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.

Canadian Utilities ROA % Chart

Canadian Utilities Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.90 2.85 3.15 1.98 0.50

Canadian Utilities Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROA % 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 3.93 1.90 1.64 -5.34 3.66

CDUAF vs SRE, AES: ROA % Comparison

For the Utilities - Diversified subindustry, Canadian Utilities'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.


Canadian Utilities ROA % vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Canadian Utilities's ROA % distribution charts can be found below:

* The bar in red indicates where Canadian Utilities's ROA % falls into.


CDUAF
71GF Score
Canadian Utilities Ltd CDUAF
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
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Canadian Utilities ROA % Calculation

Canadian Utilities's annualized ROA % for the fiscal year that ended in Dec. 2025 is calculated as:

ROA %=Net Income (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=86.263/( (16696.147+17786.154)/ 2 )
=86.263/17241.1505
=0.50 %

Canadian Utilities's annualized ROA % for the quarter that ended in Mar. 2026 is calculated as:

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=653.06/( (17786.154+17865.16)/ 2 )
=653.06/17825.657
=3.66 %

* 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.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 3.66% mean?
Canadian Utilities (CDUAF) has a ROA % of 3.66% 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 Canadian Utilities and its competitors. This is 32% above median its historical median of 2.77. Over the past decade, Canadian Utilities' ROA % has ranged from 0.44 to 4.54. According to the industry distribution chart, Canadian Utilities ranks #428 out of 511 companies in the Utilities - Regulated industry, placing it in the top 83.8%.
Is Canadian Utilities' ROA % too high?
Canadian Utilities' current ROA % of 3.66% is 32% above median its 10-year median of 2.77. Over the past 10 years, this metric has ranged from a low of 0.44 to a high of 4.54. The Utilities - Regulated industry median ROA % is 3.02. Canadian Utilities' value of 3.66% is 21.2% above this industry median. Based on the distribution chart, Canadian Utilities ranks #428 out of 511 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Canadian Utilities has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Canadian Utilities' ROA % compare to SRE and AES?
According to the Utilities - Regulated industry distribution chart, Canadian Utilities ranks #428 out of 511 companies for ROA %. This places Canadian Utilities in the lower half of its industry. The industry median ROA % is 3.02. Canadian Utilities' value of 3.66% is 21.2% above this benchmark. Historically, Canadian Utilities' own ROA % has ranged from 0.44 to 4.54 over the past decade. While the company's 10-year median is 2.77 vs. the industry median of 3.02, Canadian Utilities 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 an Utilities - Regulated company?
The median ROA % among Utilities - Regulated companies is 3.02, based on 511 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. Canadian Utilities's current ROA % of 3.66% is 21.2% 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 Canadian Utilities and its competitors. For the Utilities - Regulated industry, the median ROA % is 3.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canadian Utilities's current ROA % is 3.66%, which is 32% above median its own 10-year median of 2.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canadian Utilities stock overvalued right now?
Based on GuruFocus' analysis, Canadian Utilities (CDUAF) is currently considered Significantly Overvalued. The stock's GF Value™ is $26.42, compared to a current price of $36.67 — trading 38.8% above its estimated fair value. The current ROA % is 3.66%, which is 32% above median its 10-year median of 2.77 and 21.2% above the Utilities - Regulated industry median of 3.02. Canadian Utilities' overall GF Score™ is 71/100 with 14 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 Canadian Utilities (CDUAF), the current ROA % is 3.66% 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 Canadian Utilities (CDUAF) Overvalued in 2026?

Based on GuruFocus' analysis, Canadian Utilities stock appears to be overvalued. The current stock price of $36.67 is trading 38.8% above its estimated GF Value™ of $26.42. GuruFocus considers Canadian Utilities to be Significantly Overvalued.

Key valuation signals for CDUAF:

  • ROA %: 3.66% (32% above median its 10-year median of 2.77)
  • GF Value™: $26.42 vs. price of $36.67 (38.8% above fair value)
  • GF Score™: 71/100 with 14 warning signs
  • Industry Position: 21.2% above the Utilities - Regulated median (#428 of 511)

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


Canadian Utilities Business Description

Address 5302 Forand Street South West, 4th Floor, West Building, Corporate Governance & Secretarial, Calgary, AB, CAN, T3E 8B4
Canadian Utilities Ltd, a subsidiary of holding company Atco, offers gas and electricity services. The company is engaged in segments that include ATCO Energy Systems, ATCO EnPower, ATCO Australia, and Corporate & Other. Headquartered in Calgary, Alberta, the firm mainly operates in Canada, Australia, and others. The company generates maximum revenue from Canada. Canadian Utilities launched a large venture called Atco Energy, which provides low-cost and sustainable energy solutions for Alberta.
71GF Score

Get the complete analysis for CDUAF

ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$36.67
Price
$26.42
GF Value