Canaf InvestmentsCAFZF 66 ROE % is 9.97% as of Apr. 2026, which is 43% below its 10-year median of 17.58. GuruFocus rates CAFZF with a GF Score™ of 66/100 and a GF Value™ of $0.17 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 622 Steel companies, Canaf Investments ranks better than 89.55% on this metric.
The historical rank and industry rank for Canaf Investments's ROE % or its related term are showing as below:
CAFZF'
s ROE % Range Over the Past 10 Years
Min: -11.7 Med: 17.58 Max: 31.45
Current: 15.63
During the past 13 years, Canaf Investments's highest ROE % was 31.45%. The lowest was -11.70%. And the median was 17.58%.
CAFZF's ROE % is ranked better than 89.55% of 622
companies
in the Steel industry
Industry Median: 3.69
vs CAFZF: 15.63
Canaf Investments (OTCPK:CAFZF) ROE % Explanation
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
Note:
The net income data used here is four times the quarterly (Apr. 2026) net income data. The Revenue data used here is four times the quarterly (Apr. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* 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
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.
Canaf Investments ROE % Related Terms
Canaf Investments ROE % Historical Data
* Premium members only.
The historical data trend for Canaf Investments's ROE % 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 Coking Coal subindustry, Canaf Investments's ROE %, along with its competitors' market caps and ROE % 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.
Canaf Investments ROE % vs Steel Industry
For the Steel industry and Basic Materials sector, Canaf Investments's ROE % distribution charts can be found below:
* The bar in red indicates where Canaf Investments's ROE % 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 ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Apr. 2026) net income data.
ROE % is displayed in the 30-year financial page.
Canaf Investments (CAFZF) has a ROE % of 9.97% as of Apr. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Canaf Investments and its competitors. This is 43% below median its historical median of 17.58. According to the industry distribution chart, Canaf Investments ranks #65 out of 622 companies in the Steel industry, placing it in the top 10.5%.
Is Canaf Investments' ROE % too high?
Canaf Investments' current ROE % of 9.97% is 43% below median its 10-year median of 17.58. The Steel industry median ROE % is 3.69. Canaf Investments' value of 9.97% is 170.2% above this industry median. Based on the distribution chart, Canaf Investments ranks #65 out of 622 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Canaf Investments has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Canaf Investments' ROE % compare to HCC and AMR?
According to the Steel industry distribution chart, Canaf Investments ranks #65 out of 622 companies for ROE %. This places Canaf Investments in the top 11% of its industry — outperforming the majority of peers. The industry median ROE % is 3.69. Canaf Investments' value of 9.97% is 170.2% above this benchmark. While the company's 10-year median is 17.58 vs. the industry median of 3.69, Canaf Investments 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 ROE % for a Steel company?
The median ROE % among Steel companies is 3.69, based on 622 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Canaf Investments's current ROE % of 9.97% is 170.2% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Canaf Investments and its competitors. For the Steel industry, the median ROE % is 3.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canaf Investments's current ROE % is 9.97%, which is 43% below median its own 10-year median of 17.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canaf Investments stock overvalued right now?
Based on GuruFocus' analysis, Canaf Investments (CAFZF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.17, compared to a current price of $0.24 — trading 40.6% above its estimated fair value. The current ROE % is 9.97%, which is 43% below median its 10-year median of 17.58 and 170.2% above the Steel industry median of 3.69. Canaf Investments' overall GF Score™ is 66/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Canaf Investments (CAFZF), the current ROE % is 9.97% as of Apr. 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 Canaf Investments (CAFZF) Overvalued in 2026?
Based on GuruFocus' analysis, Canaf Investments stock appears to be overvalued.
The current stock price of $0.24 is trading 40.6% above its estimated GF Value™ of $0.17.
GuruFocus considers Canaf Investments to be Significantly Overvalued.
Key valuation signals for CAFZF:
ROE %: 9.97% (43% below median its 10-year median of 17.58)
GF Value™: $0.17 vs. price of $0.24 (40.6% above fair value)
Industry Position: 170.2% above the Steel median (#65 of 622)
No single metric tells the full story. See the CAFZF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Canaf Investments Inc is a Canadian company that owns and operates a coal processing plant in South Africa that processes coal and coal products into calcine, a coke substitute with high carbon content. The company, through its subsidiaries, produces calcined anthracite used in the manufacturing process of steel and manganese. The company operates in two reportable segments: head office operations in Canada and the coal processing business in South Africa, out of which the majority of revenue comes from South Africa.
66GF Score
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