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Canlan Ice SportsCNLFF 72 ROA % is 15.31% as of Mar. 2026, which is 658% above its 10-year median of 2.02. GuruFocus rates CNLFF with a GF Score™ of 72/100 and a GF Value™ of $3.13. The stock has 4 warning signs investors should review. Among 857 Travel & Leisure companies, Canlan Ice Sports ranks better than 58.46% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Canlan Ice Sports's annualizedNet Income for the quarter that ended in Mar. 2026 was $13.29 Mil.
Canlan Ice Sports's average Total Assets over the quarter that ended in Mar. 2026 was $86.78 Mil. Therefore, Canlan Ice Sports's annualized ROA % for the quarter that ended in Mar. 2026 was 15.31%.
The historical rank and industry rank for Canlan Ice Sports's ROA % or its related term are showing as below:
CNLFF'
s ROA % Range Over the Past 10 Years
Min: -4.85 Med: 2.02 Max: 3.97
Current: 3.43
During the past 13 years, Canlan Ice Sports's highest ROA % was 3.97%. The lowest was -4.85%. And the median was 2.02%.
CNLFF's ROA % is ranked better than 58.46% of 857
companies
in the Travel & Leisure industry
Industry Median: 2.31
vs CNLFF: 3.43
Canlan Ice Sports (OTCPK:CNLFF) 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.
Canlan Ice Sports ROA % Related Terms
Canlan Ice Sports ROA % Historical Data
* Premium members only.
The historical data trend for Canlan Ice Sports'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 Leisure subindustry, Canlan Ice Sports'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.
Canlan Ice Sports ROA % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Canlan Ice Sports's ROA % distribution charts can be found below:
* The bar in red indicates where Canlan Ice Sports'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.
Canlan Ice Sports (CNLFF) has a ROA % of 15.31% 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 Canlan Ice Sports and its competitors. This is 658% above median its historical median of 2.02. According to the industry distribution chart, Canlan Ice Sports ranks #356 out of 857 companies in the Travel & Leisure industry, placing it in the top 41.5%.
Is Canlan Ice Sports' ROA % too high?
Canlan Ice Sports' current ROA % of 15.31% is 658% above median its 10-year median of 2.02. The Travel & Leisure industry median ROA % is 2.31. Canlan Ice Sports' value of 15.31% is 562.8% above this industry median. Based on the distribution chart, Canlan Ice Sports ranks #356 out of 857 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Canlan Ice Sports has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does Canlan Ice Sports' ROA % compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Canlan Ice Sports ranks #356 out of 857 companies for ROA %. This puts Canlan Ice Sports in the upper half of its industry. The industry median ROA % is 2.31. Canlan Ice Sports' value of 15.31% is 562.8% above this benchmark. While the company's 10-year median is 2.02 vs. the industry median of 2.31, Canlan Ice Sports 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 Travel & Leisure company?
The median ROA % among Travel & Leisure companies is 2.31, based on 857 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. Canlan Ice Sports's current ROA % of 15.31% is 562.8% 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 Canlan Ice Sports and its competitors. For the Travel & Leisure industry, the median ROA % is 2.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canlan Ice Sports's current ROA % is 15.31%, which is 658% above median its own 10-year median of 2.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canlan Ice Sports stock overvalued right now?
Canlan Ice Sports (CNLFF) has a current ROA % of 15.31%. The stock's GF Value™ is $3.13, compared to a current price of $2.97 — trading 5% below its estimated fair value. The current ROA % is 15.31%, which is 658% above median its 10-year median of 2.02 and 562.8% above the Travel & Leisure industry median of 2.31. Canlan Ice Sports' overall GF Score™ is 72/100 with 4 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 Canlan Ice Sports (CNLFF), the current ROA % is 15.31% 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 Canlan Ice Sports (CNLFF) Overvalued in 2026?
Based on GuruFocus' analysis, Canlan Ice Sports stock appears to be undervalued.
The current stock price of $2.97 is trading 5% below its estimated GF Value™ of $3.13.
Key valuation signals for CNLFF:
ROA %: 15.31% (658% above median its 10-year median of 2.02)
GF Value™: $3.13 vs. price of $2.97 (5% below fair value)
Industry Position: 562.8% above the Travel & Leisure median (#356 of 857)
No single metric tells the full story. See the CNLFF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Canlan Ice Sports Corp is focused on the development, lease, acquisition, and operation of multi-purpose recreation and entertainment facilities in North America. The company has a single operating segment, which is an Ice rink and recreational facilities, that derives revenue from food and beverage, sports stores, sponsorship, Others, space rental, management, and consulting fees. Geographically, it generates the majority of its revenue from Canada.
72GF Score
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