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Algonquin Power & UtilitiesFRA:751 +1.15%72 Return-on-Tangible-Asset is 2.73% as of Mar. 2026, which is 37% above its 10-year median of 2.00. GuruFocus rates FRA:751 with a GF Score™ of 72/100 and a GF Value™ of €5.01 (Fairly Valued). The stock has 6 warning signs investors should review. Among 510 Utilities - Regulated companies, Algonquin Power & Utilities ranks worse than 76.08% on this metric.
The historical rank and industry rank for Algonquin Power & Utilities's Return-on-Tangible-Asset or its related term are showing as below:
FRA:751'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -8.75 Med: 2 Max: 7.11
Current: 1.35
During the past 13 years, Algonquin Power & Utilities's highest Return-on-Tangible-Asset was 7.11%. The lowest was -8.75%. And the median was 2.00%.
FRA:751's Return-on-Tangible-Asset is ranked worse than 76.08% of 510
companies
in the Utilities - Regulated industry
Industry Median: 3.3
vs FRA:751: 1.35
Algonquin Power & Utilities (FRA:751) 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.
Algonquin Power & Utilities Return-on-Tangible-Asset Related Terms
Algonquin Power & Utilities 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.
Algonquin Power & Utilities Return-on-Tangible-Asset Chart
FRA:751 vs SRE, AES: Return-on-Tangible-Asset Comparison
For the Utilities - Diversified subindustry, Algonquin Power & Utilities'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.
Algonquin Power & Utilities Return-on-Tangible-Asset vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Algonquin Power & Utilities's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Algonquin Power & Utilities'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 2.73% mean?
Algonquin Power & Utilities (FRA:751) has a Return-on-Tangible-Asset of 2.73% 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 Algonquin Power & Utilities and its competitors. This is 37% above median its historical median of 2.00. According to the industry distribution chart, Algonquin Power & Utilities ranks #388 out of 510 companies in the Utilities - Regulated industry, placing it in the top 76.1%.
Is Algonquin Power & Utilities' Return-on-Tangible-Asset too high?
Algonquin Power & Utilities' current Return-on-Tangible-Asset of 2.73% is 37% above median its 10-year median of 2.00. The Utilities - Regulated industry median Return-on-Tangible-Asset is 3.30. Algonquin Power & Utilities' value of 2.73% is 17.3% below this industry median. Based on the distribution chart, Algonquin Power & Utilities ranks #388 out of 510 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Algonquin Power & Utilities has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Algonquin Power & Utilities' Return-on-Tangible-Asset compare to SRE and AES?
According to the Utilities - Regulated industry distribution chart, Algonquin Power & Utilities ranks #388 out of 510 companies for Return-on-Tangible-Asset. This places Algonquin Power & Utilities in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.30. Algonquin Power & Utilities' value of 2.73% is 17.3% below this benchmark. While the company's 10-year median is 2.00 vs. the industry median of 3.30, Algonquin Power & Utilities 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 Return-on-Tangible-Asset for an Utilities - Regulated company?
The median Return-on-Tangible-Asset among Utilities - Regulated companies is 3.30, 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. Algonquin Power & Utilities's current Return-on-Tangible-Asset of 2.73% is 17.3% 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 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 Algonquin Power & Utilities and its competitors. For the Utilities - Regulated industry, the median Return-on-Tangible-Asset is 3.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Algonquin Power & Utilities's current Return-on-Tangible-Asset is 2.73%, which is 37% above median its own 10-year median of 2.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Algonquin Power & Utilities stock overvalued right now?
Based on GuruFocus' analysis, Algonquin Power & Utilities (FRA:751) is currently considered Fairly Valued. The stock's GF Value™ is €5.01, compared to a current price of €5.00 — trading 0.2% below its estimated fair value. The current Return-on-Tangible-Asset is 2.73%, which is 37% above median its 10-year median of 2.00 and 17.3% below the Utilities - Regulated industry median of 3.30. Algonquin Power & Utilities' overall GF Score™ is 72/100 with 6 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 Algonquin Power & Utilities (FRA:751), the current Return-on-Tangible-Asset is 2.73% 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 Algonquin Power & Utilities (FRA:751) Overvalued in 2026?
Based on GuruFocus' analysis, Algonquin Power & Utilities stock appears to be undervalued.
The current stock price of €5.00 is trading 0.2% below its estimated GF Value™ of €5.01.
GuruFocus considers Algonquin Power & Utilities to be Fairly Valued.
Key valuation signals for FRA:751:
Return-on-Tangible-Asset: 2.73% (37% above median its 10-year median of 2.00)
GF Value™: €5.01 vs. price of €5.00 (0.2% below fair value)
Industry Position: 17.3% below the Utilities - Regulated median (#388 of 510)
No single metric tells the full story. See the FRA:751 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Algonquin Power & Utilities Corp is a Canada-based diversified international generation, transmission, and distribution company. The company's operations are organized across two business units: the Regulated Services Group, which owns and operates a portfolio of regulated electric, water distribution, and wastewater collection, and natural gas utility systems and transmission operations in the United States, Canada, Bermuda, and Chile; and the Hydro Group, which consists of hydroelectric-generating facilities located in Canada. It generates the majority of its revenue from the Regulated Services Group segment.
72GF Score
Get the complete analysis for FRA:751
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