Cardinal Energy (TSX:CJ) ROCE %: 6.81% (As of Mar. 2026)

What is Cardinal Energy ROCE %?

Cardinal Energy TSX:CJ +1.98% 59 ROCE % is 6.81% as of Mar. 2026. GuruFocus rates TSX:CJ with a GF Score™ of 59/100 and a GF Value™ of C$6.54 (Significantly Overvalued). The stock has 5 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. Cardinal Energy's annualized ROCE % for the quarter that ended in Mar. 2026 was 6.81%.

Cardinal Energy (TSX:CJ) 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.

Cardinal Energy ROCE % Related Terms

Cardinal Energy ROCE % Historical Data

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The historical data trend for Cardinal 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.

Cardinal Energy ROCE % Chart

Cardinal Energy Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

ROCE %

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35.54

29.35

13.28

13.94

3.64

Cardinal 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															11.18	7.90	7.01	-11.34	6.81

59GF Score

Cardinal Energy Ltd TSX:CJ

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

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Cardinal Energy ROCE % Calculation

Cardinal 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 )
	=	43.999	/	( ( (1296.975 - 127.841)	+	(1357.203 - 110.363) )	/ 2 )
	=	43.999	/	( (1169.134	+	1246.84)	/ 2 )
	=	43.999	/	1207.987
	=	3.64 %

Cardinal 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 )
	=	85.516	/	( ( (1357.203 - 110.363)	+	(1395.227 - 129.29) )	/ 2 )
	=	85.516	/	( ( 1246.84	+	1265.937 )	/ 2 )
	=	85.516	/	1256.3885
	=	6.81 %

(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 6.81% mean?

Cardinal Energy (TSX:CJ) has a ROCE % of 6.81% as of Mar. 2026.

Is Cardinal Energy's ROCE % too high?

Cardinal Energy's current ROCE % is 6.81%. The Oil & Gas industry median ROCE % is 6.79. Cardinal Energy's value of 6.81% is 0.3% above this industry median. Overall, Cardinal Energy has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Cardinal Energy's ROCE % compare to COP and EOG?

Cardinal Energy's ROCE % of 6.81% can be compared against companies in the Oil & Gas industry. The industry median ROCE % is 6.79. Cardinal Energy's value of 6.81% is 0.3% above 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 an Oil & Gas company?

The median ROCE % among Oil & Gas companies is 6.79, based on 977 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. Cardinal Energy's current ROCE % of 6.81% is 0.3% 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 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 6.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cardinal Energy's current ROCE % is 6.81%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Cardinal Energy stock overvalued right now?

Based on GuruFocus' analysis, Cardinal Energy (TSX:CJ) is currently considered Significantly Overvalued. The stock's GF Value™ is C$6.54, compared to a current price of C$10.80 — trading 65.1% above its estimated fair value. The current ROCE % is 6.81% and 0.3% above the Oil & Gas industry median of 6.79. Cardinal Energy's overall GF Score™ is 59/100 with 5 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 Cardinal Energy (TSX:CJ), the current ROCE % is 6.81% 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 Cardinal Energy (TSX:CJ) Overvalued in 2026?

Based on GuruFocus' analysis, Cardinal Energy stock appears to be overvalued. The current stock price of C$10.80 is trading 65.1% above its estimated GF Value™ of C$6.54. GuruFocus considers Cardinal Energy to be Significantly Overvalued.

Key valuation signals for TSX:CJ:

ROCE %: 6.81%
GF Value™: C$6.54 vs. price of C$10.80 (65.1% above fair value)
GF Score™: 59/100 with 5 warning signs
Industry Position: 0.3% above the Oil & Gas median

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

Cardinal Energy Business Description

Industry Energy Oil & Gas

Comparable Companies TSX:KEL TSX:BIR TSX:PXT TSX:VET TSX:TNZ TSX:SDE TSX:AAV TSX:MER TSX:FRU TSX:SOIL HKSE:00883 COP TSX:CNQ EOG OXY FANG DVN ASX:WDS EQT TPL

Other Exchanges CRLFF:USA C0Y:Germany

Address 400 - 3rd Avenue SW, Suite 600, Calgary, AB, CAN, T2P 4H2

Website https://www.cardinalenergy.ca

Cardinal Energy Ltd is an oil-focused Canadian company engaged in the acquisition, exploration, and production of petroleum and natural gas in the provinces of Alberta, British Columbia, and Saskatchewan. The company generates the majority of its revenue from crude oil, natural gas, and natural gas liquids.

59GF Score

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

C$10.80

Price

C$6.54

GF Value

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