ATUUF (Tenaz Energy) ROCE %: -33.23% (As of Mar. 2026)

What is Tenaz Energy ROCE %?

Tenaz Energy ATUUF 69 ROCE % is -33.23% 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.

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. Tenaz Energy's annualized ROCE % for the quarter that ended in Mar. 2026 was -33.23%.

Tenaz Energy (OTCPK:ATUUF) 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.

Tenaz Energy ROCE % Related Terms

Tenaz Energy ROCE % Historical Data

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The historical data trend for Tenaz Energy'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.

Tenaz Energy ROCE % Chart

Tenaz Energy Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

ROCE %

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17.83

5.76

-0.20

-5.96

22.40

Tenaz Energy 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															-4.93	66.85	4.00	15.42	-33.23

69GF Score

Tenaz Energy Corp ATUUF

ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.

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Tenaz Energy ROCE % Calculation

Tenaz Energy'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 )
	=	208.138	/	( ( (274.322 - 28.289)	+	(1833.771 - 221.313) )	/ 2 )
	=	208.138	/	( (246.033	+	1612.458)	/ 2 )
	=	208.138	/	929.2455
	=	22.40 %

Tenaz Energy'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 )
	=	-533.656	/	( ( (1833.771 - 221.313)	+	(1914.634 - 314.716) )	/ 2 )
	=	-533.656	/	( ( 1612.458	+	1599.918 )	/ 2 )
	=	-533.656	/	1606.188
	=	-33.23 %

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

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of -33.23% mean?

Tenaz Energy (ATUUF) has a ROCE % of -33.23% as of Mar. 2026.

Is Tenaz Energy's ROCE % too high?

Tenaz Energy's current ROCE % is -33.23%. 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 ROCE % compare to COP and EOG?

Tenaz Energy's ROCE % of -33.23% can be compared against companies in the Oil & Gas industry. The industry median ROCE % is 6.85. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good ROCE % for an Oil & Gas company?

The median ROCE % among Oil & Gas companies is 6.85, based on 981 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. 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 Oil & Gas industry, the median ROCE % is 6.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tenaz Energy's current ROCE % is -33.23%. 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 ROCE % is -33.23%. 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 ROCE % calculated?

ROCE % is calculated from a company's financial statements. For Tenaz Energy (ATUUF), the current ROCE % is -33.23% 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:

ROCE %: -33.23%
GF Value™: $45.27 vs. price of $32.90 (27.3% below fair value)
GF Score™: 69/100 with 10 warning signs

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 Business Description

Industry Energy Oil & Gas

Comparable Companies TSX:AAV TSX:BIR TSX:MER TSX:KEL TSX:CJ TSX:VLE TSX:VET TSX:SOIL TSX:SGY TSX:PXT HKSE:00883 COP TSX:CNQ EOG FANG OXY DVN MIC:NVTK ASX:WDS EQT

Other Exchanges 7F4:Germany TNZ:Canada

Address 605 5th Avenue SW, Suite 700, Calgary, AB, CAN, T2P 3H5

Website https://www.tenazenergy.com

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

$32.90

Price

$45.27

GF Value

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