ACDVF (Air Canada) ROCE %: 6.32% (As of Mar. 2026)


ACDVF Air Canada ACDVF
83 GF Score
Price $17.20
GF Value $16.96
Valuation Fairly Valued
! 4 Warning Signs
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What is Air Canada ROCE %?

Air Canada ACDVF +0.94% 83 ROCE % is 6.32% as of Mar. 2026. GuruFocus rates ACDVF with a GF Score™ of 83/100 and a GF Value™ of $16.96 (Fairly Valued). The stock has 4 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Air Canada's annualized ROCE % for the quarter that ended in Mar. 2026 was 6.32%.

Air Canada  (OTCPK:ACDVF) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Air Canada ROCE % Related Terms

Air Canada ROCE % Historical Data

* Premium members only.

The historical data trend for Air Canada's ROCE % 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.

Air Canada ROCE % Chart

Air Canada Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -14.26 -2.77 15.68 6.05 7.70

Air Canada Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % 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 -0.04 5.72 15.15 11.26 6.32
ACDVF
83GF Score
Air Canada ACDVF
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Air Canada ROCE % Calculation

Air Canada's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=1011.236/( ( (21904.962 - 8035.376) + (22627.764 - 10245.741) )/ 2 )
=1011.236/( (13869.586+12382.023)/ 2 )
=1011.236/13125.8045
=7.70 %

Air Canada's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=793.004/( ( (22627.764 - 10245.741) + (24116.618 - 11397.23) )/ 2 )
=793.004/( ( 12382.023 + 12719.388 )/ 2 )
=793.004/12550.7055
=6.32 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 6.32% mean?
Air Canada (ACDVF) has a ROCE % of 6.32% as of Mar. 2026.
Is Air Canada's ROCE % too high?
Air Canada's current ROCE % is 6.32%. The Transportation industry median ROCE % is 7.74. Air Canada's value of 6.32% is 18.3% below this industry median. Overall, Air Canada has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Air Canada's ROCE % compare to DAL and UAL?
Air Canada's ROCE % of 6.32% can be compared against companies in the Transportation industry. The industry median ROCE % is 7.74. Air Canada's value of 6.32% is 18.3% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Transportation company?
The median ROCE % among Transportation companies is 7.74, based on 997 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Air Canada's current ROCE % of 6.32% is 18.3% below 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Transportation industry, the median ROCE % is 7.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Air Canada's current ROCE % is 6.32%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Air Canada stock overvalued right now?
Based on GuruFocus' analysis, Air Canada (ACDVF) is currently considered Fairly Valued. The stock's GF Value™ is $16.96, compared to a current price of $17.20 — trading 1.4% above its estimated fair value. The current ROCE % is 6.32% and 18.3% below the Transportation industry median of 7.74. Air Canada's overall GF Score™ is 83/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Air Canada (ACDVF), the current ROCE % is 6.32% 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 Air Canada (ACDVF) Overvalued in 2026?

Based on GuruFocus' analysis, Air Canada stock appears to be overvalued. The current stock price of $17.20 is trading 1.4% above its estimated GF Value™ of $16.96. GuruFocus considers Air Canada to be Fairly Valued.

Key valuation signals for ACDVF:

  • ROCE %: 6.32%
  • GF Value™: $16.96 vs. price of $17.20 (1.4% above fair value)
  • GF Score™: 83/100 with 4 warning signs
  • Industry Position: 18.3% below the Transportation median

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

Air Canada Business Description

Address 7373 Cote Vertu Boulevard West, Air Canada Centre, Saint-Laurent, Montreal, QC, CAN, H4S 1Z3
Air Canada is Canada's largest airline, serving nearly 50 million passengers each year, together with its low-cost subbrand, Rouge, and contracts for regional connection flights into its network. Air Canada is a sixth-freedom airline, which flies many passengers on long-haul trips to and from the US with a layover in Canada.
83GF Score

Get the complete analysis for ACDVF

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

$17.20
Price
$16.96
GF Value