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Canaf InvestmentsCAFZF -1.67%57 3-Year ROIIC % is 33.23 as of Oct. 2025, which is 2% below its 10-year median of 33.86. GuruFocus rates CAFZF with a GF Score™ of 57/100 and a GF Value™ of $0.17 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 605 Steel companies, Canaf Investments ranks better than 83.14% on this metric.
3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year.
Canaf Investments's 3-Year ROIIC % for the quarter that ended in Oct. 2025 was 33.23%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Canaf Investments's 3-Year ROIIC % or its related term are showing as below:
CAFZF's 3-Year ROIIC % is ranked better than 83.14% of 605
companies
in the Steel industry
Industry Median: -0.23
vs CAFZF: 33.23
Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.
High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Be Aware
It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.
Canaf Investments 3-Year ROIIC % Related Terms
Canaf Investments 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Canaf Investments's 3-Year ROIIC % 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.
CAFZF vs HCC, AMR, METC: 3-Year ROIIC % Comparison
For the Coking Coal subindustry, Canaf Investments's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % 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 3-Year ROIIC % vs Steel Industry
For the Steel industry and Basic Materials sector, Canaf Investments's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Canaf Investments's 3-Year ROIIC % falls into.
Canaf Investments's 3-Year ROIIC % for the quarter that ended in Oct. 2025 is calculated as:
3-Year ROIIC %
=
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( 1.4595705 (Oct. 2025) - 0.8391019 (Oct. 2022) )
/
( 4.573 (Oct. 2025) - 2.709 (Oct. 2022) )
=
0.6204686
/
1.864
=
33.29%***
* 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.
** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.
Canaf Investments (CAFZF) has a 3-Year ROIIC % of 33.23 as of Oct. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Canaf Investments and its competitors. This is near median its historical median of 33.86. According to the industry distribution chart, Canaf Investments ranks #102 out of 605 companies in the Steel industry, placing it in the top 16.9%.
Is Canaf Investments' 3-Year ROIIC % too high?
Canaf Investments' current 3-Year ROIIC % of 33.23 is near median its 10-year median of 33.86. Based on the distribution chart, Canaf Investments ranks #102 out of 605 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 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Canaf Investments' 3-Year ROIIC % compare to HCC and AMR?
According to the Steel industry distribution chart, Canaf Investments ranks #102 out of 605 companies for 3-Year ROIIC %. This places Canaf Investments in the top 17% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year ROIIC % for a Steel company?
A good 3-Year ROIIC % depends on the Steel industry context. However, 3-Year ROIIC % 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 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Canaf Investments and its competitors. Canaf Investments's current 3-Year ROIIC % is 33.23, which is near median its own 10-year median of 33.86. 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 38.2% above its estimated fair value. The current 3-Year ROIIC % is 33.23, which is near median its 10-year median of 33.86. Canaf Investments' overall GF Score™ is 57/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For Canaf Investments (CAFZF), the current 3-Year ROIIC % is 33.23 as of Oct. 2025. 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 38.2% above its estimated GF Value™ of $0.17.
GuruFocus considers Canaf Investments to be Significantly Overvalued.
Key valuation signals for CAFZF:
3-Year ROIIC %: 33.23 (near median its 10-year median of 33.86)
GF Value™: $0.17 vs. price of $0.24 (38.2% above fair value)
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.
57GF Score
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