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BSP:CEBR3'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 3.29 Med: 13.04 Max: 48.05
Current: 12.51
During the past 13 years, Companhia Energetica de Brasilia - CEB's highest Return-on-Tangible-Asset was 48.05%. The lowest was 3.29%. And the median was 13.04%.
BSP:CEBR3's Return-on-Tangible-Asset is ranked better than 92.75% of 510
companies
in the Utilities - Regulated industry
Industry Median: 3.34
vs BSP:CEBR3: 12.51
Companhia Energetica de Brasilia - CEB (BSP:CEBR3) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Companhia Energetica de Brasilia - CEB Return-on-Tangible-Asset Related Terms
Companhia Energetica de Brasilia - CEB Return-on-Tangible-Asset Historical Data
* 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.
Companhia Energetica de Brasilia - CEB Return-on-Tangible-Asset Chart
Companhia Energetica de Brasilia - CEB Annual Data
BSP:CEBR3 vs NEE, SO, DUK: Return-on-Tangible-Asset Comparison
For the Utilities - Regulated Electric subindustry, Companhia Energetica de Brasilia - CEB's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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.
Companhia Energetica de Brasilia - CEB Return-on-Tangible-Asset vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Companhia Energetica de Brasilia - CEB's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Companhia Energetica de Brasilia - CEB's Return-on-Tangible-Asset 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 Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets 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.
What does a Return-on-Tangible-Asset of 9.84% mean?
Companhia Energetica de Brasilia - CEB (BSP:CEBR3) has a Return-on-Tangible-Asset of 9.84% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Companhia Energetica de Brasilia - CEB and its competitors. This is 25% below median its historical median of 13.04. Over the past decade, Companhia Energetica de Brasilia - CEB's Return-on-Tangible-Asset has ranged from 3.29 to 48.05. According to the industry distribution chart, Companhia Energetica de Brasilia - CEB ranks #37 out of 510 companies in the Utilities - Regulated industry, placing it in the top 7.3%.
Is Companhia Energetica de Brasilia - CEB's Return-on-Tangible-Asset too high?
Companhia Energetica de Brasilia - CEB's current Return-on-Tangible-Asset of 9.84% is 25% below median its 10-year median of 13.04. Over the past 10 years, this metric has ranged from a low of 3.29 to a high of 48.05. The Utilities - Regulated industry median Return-on-Tangible-Asset is 3.34. Companhia Energetica de Brasilia - CEB's value of 9.84% is 194.6% above this industry median. Based on the distribution chart, Companhia Energetica de Brasilia - CEB ranks #37 out of 510 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Companhia Energetica de Brasilia - CEB has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Companhia Energetica de Brasilia - CEB's Return-on-Tangible-Asset compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Companhia Energetica de Brasilia - CEB ranks #37 out of 510 companies for Return-on-Tangible-Asset. This places Companhia Energetica de Brasilia - CEB in the top 7% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.34. Companhia Energetica de Brasilia - CEB's value of 9.84% is 194.6% above this benchmark. Historically, Companhia Energetica de Brasilia - CEB's own Return-on-Tangible-Asset has ranged from 3.29 to 48.05 over the past decade. While the company's 10-year median is 13.04 vs. the industry median of 3.34, Companhia Energetica de Brasilia - CEB 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 Return-on-Tangible-Asset for an Utilities - Regulated company?
The median Return-on-Tangible-Asset among Utilities - Regulated companies is 3.34, based on 510 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Companhia Energetica de Brasilia - CEB's current Return-on-Tangible-Asset of 9.84% is 194.6% 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 Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Companhia Energetica de Brasilia - CEB and its competitors. For the Utilities - Regulated industry, the median Return-on-Tangible-Asset is 3.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Companhia Energetica de Brasilia - CEB's current Return-on-Tangible-Asset is 9.84%, which is 25% below median its own 10-year median of 13.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Companhia Energetica de Brasilia - CEB stock overvalued right now?
Based on GuruFocus' analysis, Companhia Energetica de Brasilia - CEB (BSP:CEBR3) is currently considered Modestly Undervalued. The stock's GF Value™ is R$27.50, compared to a current price of R$24.00 — trading 12.7% below its estimated fair value. The current Return-on-Tangible-Asset is 9.84%, which is 25% below median its 10-year median of 13.04 and 194.6% above the Utilities - Regulated industry median of 3.34. Companhia Energetica de Brasilia - CEB's overall GF Score™ is 73/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Companhia Energetica de Brasilia - CEB (BSP:CEBR3), the current Return-on-Tangible-Asset is 9.84% 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 Companhia Energetica de Brasilia - CEB (BSP:CEBR3) Overvalued in 2026?
Based on GuruFocus' analysis, Companhia Energetica de Brasilia - CEB stock appears to be undervalued.
The current stock price of R$24.00 is trading 12.7% below its estimated GF Value™ of R$27.50.
GuruFocus considers Companhia Energetica de Brasilia - CEB to be Modestly Undervalued.
Key valuation signals for BSP:CEBR3:
Return-on-Tangible-Asset: 9.84% (25% below median its 10-year median of 13.04)
GF Value™: R$27.50 vs. price of R$24.00 (12.7% below fair value)
Industry Position: 194.6% above the Utilities - Regulated median (#37 of 510)
No single metric tells the full story. See the BSP:CEBR3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Companhia Energetica de Brasilia - CEB through its subsidiaries and holdings is engaged in generation, transmission, marketing and distribution of electricity as well as related services. It also constructs electric power stations and distribution network; and produces and distributes gas through pipelines.
73GF Score
Get the complete analysis for BSP:CEBR3
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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