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Rede Energia ParticipacoesBSP:REDE3 73 Return-on-Tangible-Asset is 4.62% as of Mar. 2026, which is 26% below its 10-year median of 6.28. GuruFocus rates BSP:REDE3 with a GF Score™ of 73/100 and a GF Value™ of R$6.00 (Fairly Valued). The stock has 7 warning signs investors should review. Among 511 Utilities - Regulated companies, Rede Energia Participacoes ranks better than 64.38% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Rede Energia Participacoes's annualizedNet Income for the quarter that ended in Mar. 2026 was R$1,203 Mil. Rede Energia Participacoes's average total tangible assets for the quarter that ended in Mar. 2026 was R$26,055 Mil. Therefore, Rede Energia Participacoes's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 4.62%.
The historical rank and industry rank for Rede Energia Participacoes's Return-on-Tangible-Asset or its related term are showing as below:
BSP:REDE3'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.22 Med: 6.28 Max: 8.34
Current: 4.59
During the past 13 years, Rede Energia Participacoes's highest Return-on-Tangible-Asset was 8.34%. The lowest was 1.22%. And the median was 6.28%.
BSP:REDE3's Return-on-Tangible-Asset is ranked better than 64.38% of 511
companies
in the Utilities - Regulated industry
Industry Median: 3.31
vs BSP:REDE3: 4.59
Rede Energia Participacoes (BSP:REDE3) 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.
Rede Energia Participacoes Return-on-Tangible-Asset Related Terms
Rede Energia Participacoes 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.
Rede Energia Participacoes Return-on-Tangible-Asset Chart
BSP:REDE3 vs NEE, SO, DUK: Return-on-Tangible-Asset Comparison
For the Utilities - Regulated Electric subindustry, Rede Energia Participacoes'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.
Rede Energia Participacoes Return-on-Tangible-Asset vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Rede Energia Participacoes's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Rede Energia Participacoes'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 4.62% mean?
Rede Energia Participacoes (BSP:REDE3) has a Return-on-Tangible-Asset of 4.62% 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 Rede Energia Participacoes and its competitors. This is 26% below median its historical median of 6.28. Over the past decade, Rede Energia Participacoes' Return-on-Tangible-Asset has ranged from 1.22 to 8.34. According to the industry distribution chart, Rede Energia Participacoes ranks #182 out of 511 companies in the Utilities - Regulated industry, placing it in the top 35.6%.
Is Rede Energia Participacoes' Return-on-Tangible-Asset too high?
Rede Energia Participacoes' current Return-on-Tangible-Asset of 4.62% is 26% below median its 10-year median of 6.28. Over the past 10 years, this metric has ranged from a low of 1.22 to a high of 8.34. The Utilities - Regulated industry median Return-on-Tangible-Asset is 3.31. Rede Energia Participacoes' value of 4.62% is 39.6% above this industry median. Based on the distribution chart, Rede Energia Participacoes ranks #182 out of 511 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Rede Energia Participacoes has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Rede Energia Participacoes' Return-on-Tangible-Asset compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Rede Energia Participacoes ranks #182 out of 511 companies for Return-on-Tangible-Asset. This puts Rede Energia Participacoes in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.31. Rede Energia Participacoes' value of 4.62% is 39.6% above this benchmark. Historically, Rede Energia Participacoes' own Return-on-Tangible-Asset has ranged from 1.22 to 8.34 over the past decade. While the company's 10-year median is 6.28 vs. the industry median of 3.31, Rede Energia Participacoes 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 3.31, based on 511 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. Rede Energia Participacoes's current Return-on-Tangible-Asset of 4.62% is 39.6% 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 Rede Energia Participacoes and its competitors. For the Utilities - Regulated industry, the median Return-on-Tangible-Asset is 3.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rede Energia Participacoes's current Return-on-Tangible-Asset is 4.62%, which is 26% below median its own 10-year median of 6.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rede Energia Participacoes stock overvalued right now?
Based on GuruFocus' analysis, Rede Energia Participacoes (BSP:REDE3) is currently considered Fairly Valued. The stock's GF Value™ is R$6.00, compared to a current price of R$5.80 — trading 3.3% below its estimated fair value. The current Return-on-Tangible-Asset is 4.62%, which is 26% below median its 10-year median of 6.28 and 39.6% above the Utilities - Regulated industry median of 3.31. Rede Energia Participacoes' overall GF Score™ is 73/100 with 7 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 Rede Energia Participacoes (BSP:REDE3), the current Return-on-Tangible-Asset is 4.62% 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 Rede Energia Participacoes (BSP:REDE3) Overvalued in 2026?
Based on GuruFocus' analysis, Rede Energia Participacoes stock appears to be undervalued.
The current stock price of R$5.80 is trading 3.3% below its estimated GF Value™ of R$6.00.
GuruFocus considers Rede Energia Participacoes to be Fairly Valued.
Key valuation signals for BSP:REDE3:
Return-on-Tangible-Asset: 4.62% (26% below median its 10-year median of 6.28)
GF Value™: R$6.00 vs. price of R$5.80 (3.3% below fair value)
Industry Position: 39.6% above the Utilities - Regulated median (#182 of 511)
No single metric tells the full story. See the BSP:REDE3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Rede Energia Participacoes SA along with its subsidiaries generates, distributes and markets electrical energy as well as provides services related to electricity sector. It provides its services to residential, commercial, industrial, rural and public customers.
73GF Score
Get the complete analysis for BSP:REDE3
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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