Societatea Energetica Electrica (FRA:ECEB) Return-on-Tangible-Asset: 11.10% (As of Mar. 2026) — 43% Above Median


FRA:ECEB Societatea Energetica Electrica SA FRA:ECEB
40 GF Score
Price €7.34
GF Value €3.33
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Societatea Energetica Electrica Return-on-Tangible-Asset?

Societatea Energetica Electrica FRA:ECEB +0.55% 40 Return-on-Tangible-Asset is 11.10% as of Mar. 2026, which is 43% above its 10-year median of 7.74. GuruFocus rates FRA:ECEB with a GF Score™ of 40/100 and a GF Value™ of €3.33 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 511 Utilities - Regulated companies, Societatea Energetica Electrica ranks better than 93.35% 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. Societatea Energetica Electrica's annualized Net Income for the quarter that ended in Mar. 2026 was €234 Mil. Societatea Energetica Electrica's average total tangible assets for the quarter that ended in Mar. 2026 was €2,111 Mil. Therefore, Societatea Energetica Electrica's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 11.10%.

The historical rank and industry rank for Societatea Energetica Electrica's Return-on-Tangible-Asset or its related term are showing as below:

FRA:ECEB' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -22.3   Med: 7.74   Max: 14.86
Current: 13.69

During the past 13 years, Societatea Energetica Electrica's highest Return-on-Tangible-Asset was 14.86%. The lowest was -22.30%. And the median was 7.74%.

FRA:ECEB's Return-on-Tangible-Asset is ranked better than
93.35% of 511 companies
in the Utilities - Regulated industry
Industry Median: 3.3 vs FRA:ECEB: 13.69

Societatea Energetica Electrica  (FRA:ECEB) 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 company’s 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 company’s 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.


Societatea Energetica Electrica Return-on-Tangible-Asset Related Terms


Societatea Energetica Electrica Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Societatea Energetica Electrica's Return-on-Tangible-Asset 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.

Societatea Energetica Electrica Return-on-Tangible-Asset Chart

Societatea Energetica Electrica Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -22.30 -6.56 13.57 6.93 13.25

Societatea Energetica Electrica Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Asset 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 10.34 11.36 18.22 13.99 11.10

FRA:ECEB vs NEE, SO, DUK: Return-on-Tangible-Asset Comparison

For the Utilities - Regulated Electric subindustry, Societatea Energetica Electrica'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.


Societatea Energetica Electrica Return-on-Tangible-Asset vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Societatea Energetica Electrica's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Societatea Energetica Electrica's Return-on-Tangible-Asset falls into.


FRA:ECEB
40GF Score
Societatea Energetica Electrica SA FRA:ECEB
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Societatea Energetica Electrica Return-on-Tangible-Asset Calculation

Societatea Energetica Electrica's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=230.57/( (1354.897+2124.113)/ 2 )
=230.57/1739.505
=13.25 %

Societatea Energetica Electrica's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=234.296/( (2124.113+2098.376)/ 2 )
=234.296/2111.2445
=11.10 %

* 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 11.10% mean?
Societatea Energetica Electrica (FRA:ECEB) has a Return-on-Tangible-Asset of 11.10% 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 Societatea Energetica Electrica and its competitors. This is 43% above median its historical median of 7.74. According to the industry distribution chart, Societatea Energetica Electrica ranks #34 out of 511 companies in the Utilities - Regulated industry, placing it in the top 6.7%.
Is Societatea Energetica Electrica's Return-on-Tangible-Asset too high?
Societatea Energetica Electrica's current Return-on-Tangible-Asset of 11.10% is 43% above median its 10-year median of 7.74. The Utilities - Regulated industry median Return-on-Tangible-Asset is 3.30. Societatea Energetica Electrica's value of 11.10% is 236.4% above this industry median. Based on the distribution chart, Societatea Energetica Electrica ranks #34 out of 511 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Societatea Energetica Electrica has a GF Score™ of 40/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Societatea Energetica Electrica's Return-on-Tangible-Asset compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Societatea Energetica Electrica ranks #34 out of 511 companies for Return-on-Tangible-Asset. This places Societatea Energetica Electrica in the top 7% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.30. Societatea Energetica Electrica's value of 11.10% is 236.4% above this benchmark. While the company's 10-year median is 7.74 vs. the industry median of 3.30, Societatea Energetica Electrica 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 3.30, 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. Societatea Energetica Electrica's current Return-on-Tangible-Asset of 11.10% is 236.4% 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 Societatea Energetica Electrica 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. Societatea Energetica Electrica's current Return-on-Tangible-Asset is 11.10%, which is 43% above median its own 10-year median of 7.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Societatea Energetica Electrica stock overvalued right now?
Based on GuruFocus' analysis, Societatea Energetica Electrica (FRA:ECEB) is currently considered Significantly Overvalued. The stock's GF Value™ is €3.33, compared to a current price of €7.34 — trading 120.4% above its estimated fair value. The current Return-on-Tangible-Asset is 11.10%, which is 43% above median its 10-year median of 7.74 and 236.4% above the Utilities - Regulated industry median of 3.30. Societatea Energetica Electrica's overall GF Score™ is 40/100 with 9 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 Societatea Energetica Electrica (FRA:ECEB), the current Return-on-Tangible-Asset is 11.10% 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 Societatea Energetica Electrica (FRA:ECEB) Overvalued in 2026?

Based on GuruFocus' analysis, Societatea Energetica Electrica stock appears to be overvalued. The current stock price of €7.34 is trading 120.4% above its estimated GF Value™ of €3.33. GuruFocus considers Societatea Energetica Electrica to be Significantly Overvalued.

Key valuation signals for FRA:ECEB:

  • Return-on-Tangible-Asset: 11.10% (43% above median its 10-year median of 7.74)
  • GF Value™: €3.33 vs. price of €7.34 (120.4% above fair value)
  • GF Score™: 40/100 with 9 warning signs
  • Industry Position: 236.4% above the Utilities - Regulated median (#34 of 511)

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


Societatea Energetica Electrica Business Description

Other Exchanges EL:Romania0QVZ:UK
Address No. 9, Grigore Alexandrescu Street, 1st District, Bucharest, ROU, 010621
Societatea Energetica Electrica SA is a Romanian company, which is engaged in operation and development of electricity distribution networks and activities related to electricity supply to final consumers. It mainly acts as an electricity distribution operator and the main electricity supplier in North Transylvania, South Transylvania, and North Muntenia. The company operates through following segments: Electricity & gas supply, which is engaged in purchasing and supplying electricity and gas to end consumers; Electricity distribution, which provides electricity distribution services; External electricity network services, which offers repairs, maintenance and other services for electricity networks owned by other distributors; Electricity generation segment; and Headquarters.
40GF Score

Get the complete analysis for FRA:ECEB

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€7.34
Price
€3.33
GF Value