TerraVest Industries (TSX:TVK) ROE %: 5.35% (As of Mar. 2026) — 75% Below Median


TSX:TVK TerraVest Industries Inc TSX:TVK
91 GF Score
Price C$117.63
GF Value C$154.36
Valuation Modestly Undervalued
! 6 Warning Signs
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What is TerraVest Industries ROE %?

TerraVest Industries TSX:TVK +1.62% 91 ROE % is 5.35% as of Mar. 2026, which is 75% below its 10-year median of 21.37. GuruFocus rates TSX:TVK with a GF Score™ of 91/100 and a GF Value™ of C$154.36 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 960 Oil & Gas companies, TerraVest Industries ranks better than 65.62% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. TerraVest Industries's annualized net income for the quarter that ended in Mar. 2026 was C$40 Mil. TerraVest Industries's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was C$751 Mil. Therefore, TerraVest Industries's annualized ROE % for the quarter that ended in Mar. 2026 was 5.35%.

The historical rank and industry rank for TerraVest Industries's ROE % or its related term are showing as below:

TSX:TVK' s ROE % Range Over the Past 10 Years
Min: 8.49   Med: 21.37   Max: 28.67
Current: 10.91

During the past 13 years, TerraVest Industries's highest ROE % was 28.67%. The lowest was 8.49%. And the median was 21.37%.

TSX:TVK's ROE % is ranked better than
65.62% of 960 companies
in the Oil & Gas industry
Industry Median: 5.795 vs TSX:TVK: 10.91

TerraVest Industries  (TSX:TVK) 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
=40.164/751.1535
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(40.164 / 1770.26)*(1770.26 / 2147.4665)*(2147.4665 / 751.1535)
=Net Margin %*Asset Turnover*Equity Multiplier
=2.27 %*0.8243*2.8589
=ROA %*Equity Multiplier
=1.87 %*2.8589
=5.35 %

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
=40.164/751.1535
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (40.164 / 70.568) * (70.568 / 136.752) * (136.752 / 1770.26) * (1770.26 / 2147.4665) * (2147.4665 / 751.1535)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.5692 * 0.516 * 7.72 % * 0.8243 * 2.8589
=5.35 %

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.


TerraVest Industries ROE % Related Terms


TerraVest Industries ROE % Historical Data

* Premium members only.

The historical data trend for TerraVest Industries'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.

TerraVest Industries ROE % Chart

TerraVest Industries Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.39 28.67 21.00 21.74 15.90

TerraVest Industries 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 27.45 8.03 10.41 18.12 5.35

TSX:TVK vs SLB, BKR, HAL: ROE % Comparison

For the Oil & Gas Equipment & Services subindustry, TerraVest Industries'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.


TerraVest Industries ROE % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, TerraVest Industries's ROE % distribution charts can be found below:

* The bar in red indicates where TerraVest Industries's ROE % falls into.


TSX:TVK
91GF Score
TerraVest Industries Inc TSX:TVK
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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TerraVest Industries ROE % Calculation

TerraVest Industries's annualized ROE % for the fiscal year that ended in Sep. 2025 is calculated as

ROE %=Net Income (A: Sep. 2025 )/( (Total Stockholders Equity (A: Sep. 2024 )+Total Stockholders Equity (A: Sep. 2025 ))/ count )
=86.651/( (367.651+722.038)/ 2 )
=86.651/544.8445
=15.90 %

TerraVest Industries'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 )
=40.164/( (744.331+757.976)/ 2 )
=40.164/751.1535
=5.35 %

* 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 5.35% mean?
TerraVest Industries (TSX:TVK) has a ROE % of 5.35% 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 TerraVest Industries and its competitors. This is 75% below median its historical median of 21.37. Over the past decade, TerraVest Industries' ROE % has ranged from 8.49 to 28.67. According to the industry distribution chart, TerraVest Industries ranks #330 out of 960 companies in the Oil & Gas industry, placing it in the top 34.4%.
Is TerraVest Industries' ROE % too high?
TerraVest Industries' current ROE % of 5.35% is 75% below median its 10-year median of 21.37. Over the past 10 years, this metric has ranged from a low of 8.49 to a high of 28.67. The Oil & Gas industry median ROE % is 5.80. TerraVest Industries' value of 5.35% is 7.7% below this industry median. Based on the distribution chart, TerraVest Industries ranks #330 out of 960 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, TerraVest Industries has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TerraVest Industries' ROE % compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, TerraVest Industries ranks #330 out of 960 companies for ROE %. This puts TerraVest Industries in the upper half of its industry. The industry median ROE % is 5.80. TerraVest Industries' value of 5.35% is 7.7% below this benchmark. Historically, TerraVest Industries' own ROE % has ranged from 8.49 to 28.67 over the past decade. While the company's 10-year median is 21.37 vs. the industry median of 5.80, TerraVest Industries has consistently been below 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 an Oil & Gas company?
The median ROE % among Oil & Gas companies is 5.80, based on 960 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. TerraVest Industries's current ROE % of 5.35% is 7.7% 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 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 TerraVest Industries and its competitors. For the Oil & Gas industry, the median ROE % is 5.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TerraVest Industries's current ROE % is 5.35%, which is 75% below median its own 10-year median of 21.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TerraVest Industries stock overvalued right now?
Based on GuruFocus' analysis, TerraVest Industries (TSX:TVK) is currently considered Modestly Undervalued. The stock's GF Value™ is C$154.36, compared to a current price of C$117.63 — trading 23.8% below its estimated fair value. The current ROE % is 5.35%, which is 75% below median its 10-year median of 21.37 and 7.7% below the Oil & Gas industry median of 5.80. TerraVest Industries' overall GF Score™ is 91/100 with 6 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 TerraVest Industries (TSX:TVK), the current ROE % is 5.35% 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 TerraVest Industries (TSX:TVK) Overvalued in 2026?

Based on GuruFocus' analysis, TerraVest Industries stock appears to be undervalued. The current stock price of C$117.63 is trading 23.8% below its estimated GF Value™ of C$154.36. GuruFocus considers TerraVest Industries to be Modestly Undervalued.

Key valuation signals for TSX:TVK:

  • ROE %: 5.35% (75% below median its 10-year median of 21.37)
  • GF Value™: C$154.36 vs. price of C$117.63 (23.8% below fair value)
  • GF Score™: 91/100 with 6 warning signs
  • Industry Position: 7.7% below the Oil & Gas median (#330 of 960)

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


TerraVest Industries Business Description

Industry EnergyOil & Gas
Other Exchanges TRRVF:USA4TV:Germany
Address 60th Street, Suite 6205, Vegreville, AB, CAN, T9C 1S3
TerraVest Industries Inc manufactures home heating products, propane, anhydrous ammonia, natural gas liquids transport vehicles, storage vessels, energy processing equipment, and fiberglass storage tanks. The company's operating segments include Home Heating and Cooling Products and Containment Equipment (HVAC Equipment), Compressed Gas Storage and Distribution Equipment (Compressed Gas Equipment), Energy Processing Equipment (Processing Equipment), and Service. The majority of its revenue is generated from its HVAC and Cooling Products and Containment Equipment segment which manufactures and distributes products including commercial and residential refined fuel tanks, wastewater treatment systems, grease removal systems, and other custom-built steel storage products.
91GF Score

Get the complete analysis for TSX:TVK

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

C$117.63
Price
C$154.36
GF Value