Canaccord Genuity Group (TSX:CF) ROE %: 40.20% (As of Mar. 2026) — 1107% Above Median


TSX:CF Canaccord Genuity Group Inc TSX:CF
71 GF Score
Price C$14.26
GF Value C$11.93
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Canaccord Genuity Group ROE %?

Canaccord Genuity Group TSX:CF -1.79% 71 ROE % is 40.20% as of Mar. 2026, which is 1107% above its 10-year median of 3.33. GuruFocus rates TSX:CF with a GF Score™ of 71/100 and a GF Value™ of C$11.93 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 791 Capital Markets companies, Canaccord Genuity Group ranks worse than 86.22% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Canaccord Genuity Group's annualized net income for the quarter that ended in Mar. 2026 was C$296 Mil. Canaccord Genuity Group's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was C$737 Mil. Therefore, Canaccord Genuity Group's annualized ROE % for the quarter that ended in Mar. 2026 was 40.20%.

The historical rank and industry rank for Canaccord Genuity Group's ROE % or its related term are showing as below:

TSX:CF' s ROE % Range Over the Past 10 Years
Min: -16.55   Med: 3.33   Max: 25.92
Current: -16.55

During the past 13 years, Canaccord Genuity Group's highest ROE % was 25.92%. The lowest was -16.55%. And the median was 3.33%.

TSX:CF's ROE % is ranked worse than
86.22% of 791 companies
in the Capital Markets industry
Industry Median: 6 vs TSX:CF: -16.55

Canaccord Genuity Group  (TSX:CF) 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:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=296.452/737.479
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(296.452 / 2463.428)*(2463.428 / 7197.2195)*(7197.2195 / 737.479)
=Net Margin %*Asset Turnover*Equity Multiplier
=12.03 %*0.3423*9.7592
=ROA %*Equity Multiplier
=4.12 %*9.7592
=40.20 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=296.452/737.479
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (296.452 / 390.756) * (390.756 / 454.58) * (454.58 / 2463.428) * (2463.428 / 7197.2195) * (7197.2195 / 737.479)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7587 * 0.8596 * 18.45 % * 0.3423 * 9.7592
=40.20 %

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. 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.


Canaccord Genuity Group ROE % Related Terms


Canaccord Genuity Group ROE % Historical Data

* Premium members only.

The historical data trend for Canaccord Genuity Group'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.

Canaccord Genuity Group ROE % Chart

Canaccord Genuity Group Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.56 -8.07 -1.28 -1.79 -15.27

Canaccord Genuity Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % 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 0.71 -12.14 -101.64 12.58 40.20

TSX:CF vs MS, GS, SCHW: ROE % Comparison

For the Capital Markets subindustry, Canaccord Genuity Group'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.


Canaccord Genuity Group ROE % vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Canaccord Genuity Group's ROE % distribution charts can be found below:

* The bar in red indicates where Canaccord Genuity Group's ROE % falls into.


TSX:CF
71GF Score
Canaccord Genuity Group Inc TSX:CF
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Canaccord Genuity Group ROE % Calculation

Canaccord Genuity Group's annualized ROE % for the fiscal year that ended in Mar. 2026 is calculated as

ROE %=Net Income (A: Mar. 2026 )/( (Total Stockholders Equity (A: Mar. 2025 )+Total Stockholders Equity (A: Mar. 2026 ))/ count )
=-132.87/( (959.792+780.607)/ 2 )
=-132.87/870.1995
=-15.27 %

Canaccord Genuity Group's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=296.452/( (694.351+780.607)/ 2 )
=296.452/737.479
=40.20 %

* 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 (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 40.20% mean?
Canaccord Genuity Group (TSX:CF) has a ROE % of 40.20% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Canaccord Genuity Group and its competitors. This is 1107% above median its historical median of 3.33. According to the industry distribution chart, Canaccord Genuity Group ranks #682 out of 791 companies in the Capital Markets industry, placing it in the top 86.2%.
Is Canaccord Genuity Group's ROE % too high?
Canaccord Genuity Group's current ROE % of 40.20% is 1107% above median its 10-year median of 3.33. The Capital Markets industry median ROE % is 6.00. Canaccord Genuity Group's value of 40.20% is 570% above this industry median. Based on the distribution chart, Canaccord Genuity Group ranks #682 out of 791 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Canaccord Genuity Group has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Canaccord Genuity Group's ROE % compare to MS and GS?
According to the Capital Markets industry distribution chart, Canaccord Genuity Group ranks #682 out of 791 companies for ROE %. This places Canaccord Genuity Group in the lower half of its industry. The industry median ROE % is 6.00. Canaccord Genuity Group's value of 40.20% is 570% above this benchmark. While the company's 10-year median is 3.33 vs. the industry median of 6.00, Canaccord Genuity Group 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 Capital Markets company?
The median ROE % among Capital Markets companies is 6.00, based on 791 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. Canaccord Genuity Group's current ROE % of 40.20% is 570% 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 Canaccord Genuity Group and its competitors. For the Capital Markets industry, the median ROE % is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canaccord Genuity Group's current ROE % is 40.20%, which is 1107% above median its own 10-year median of 3.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canaccord Genuity Group stock overvalued right now?
Based on GuruFocus' analysis, Canaccord Genuity Group (TSX:CF) is currently considered Modestly Overvalued. The stock's GF Value™ is C$11.93, compared to a current price of C$14.26 — trading 19.5% above its estimated fair value. The current ROE % is 40.20%, which is 1107% above median its 10-year median of 3.33 and 570% above the Capital Markets industry median of 6.00. Canaccord Genuity Group's overall GF Score™ is 71/100 with 7 warning signs 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 Canaccord Genuity Group (TSX:CF), the current ROE % is 40.20% 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 Canaccord Genuity Group (TSX:CF) Overvalued in 2026?

Based on GuruFocus' analysis, Canaccord Genuity Group stock appears to be overvalued. The current stock price of C$14.26 is trading 19.5% above its estimated GF Value™ of C$11.93. GuruFocus considers Canaccord Genuity Group to be Modestly Overvalued.

Key valuation signals for TSX:CF:

  • ROE %: 40.20% (1107% above median its 10-year median of 3.33)
  • GF Value™: C$11.93 vs. price of C$14.26 (19.5% above fair value)
  • GF Score™: 71/100 with 7 warning signs
  • Industry Position: 570% above the Capital Markets median (#682 of 791)

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


Canaccord Genuity Group Business Description

Address 1133 Melville Street, Suite 1200, The Stack, Vancouver, BC, CAN, V6E 4E5
Canaccord Genuity Group Inc is an independent, full-service financial services firm. The company's segment reporting is based on the following operating segments: Canaccord Genuity Capital Markets, Canaccord Genuity Wealth Management, and Corporate and Other. It generates revenue by providing value to its individual, institutional, and corporate clients through comprehensive investment solutions, brokerage services, and investment banking services. Maximum revenue is generated from the Canaccord Genuity Wealth Management segment, which provides brokerage services and investment advice to retail or institutional clients in Canada, the United States, Australia, and the UK & Crown dependencies. Geographically, the group derives maximum revenue from its business in Canada.
71GF Score

Get the complete analysis for TSX:CF

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

C$14.26
Price
C$11.93
GF Value