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The historical rank and industry rank for REN-Redes Energeticas Nacionais Sgps's Return-on-Tangible-Asset or its related term are showing as below:
MEX:RENEN'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 5.84 Med: 11.15 Max: 20.34
Current: 20.34
During the past 13 years, REN-Redes Energeticas Nacionais Sgps's highest Return-on-Tangible-Asset was 20.34%. The lowest was 5.84%. And the median was 11.15%.
MEX:RENEN's Return-on-Tangible-Asset is ranked better than 97.44% of 508
companies
in the Utilities - Regulated industry
Industry Median: 3.38
vs MEX:RENEN: 20.34
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.
REN-Redes Energeticas Nacionais Sgps Return-on-Tangible-Asset Related Terms
REN-Redes Energeticas Nacionais Sgps 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.
MEX:RENEN vs SRE, AES: Return-on-Tangible-Asset Comparison
For the Utilities - Diversified subindustry, REN-Redes Energeticas Nacionais Sgps'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.
REN-Redes Energeticas Nacionais Sgps Return-on-Tangible-Asset vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, REN-Redes Energeticas Nacionais Sgps's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where REN-Redes Energeticas Nacionais Sgps'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 (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of 23.79% mean?
REN-Redes Energeticas Nacionais Sgps (MEX:RENEN) has a Return-on-Tangible-Asset of 23.79% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on REN-Redes Energeticas Nacionais Sgps and its competitors. This is 113% above median its historical median of 11.15. Over the past decade, REN-Redes Energeticas Nacionais Sgps' Return-on-Tangible-Asset has ranged from 5.84 to 20.34. According to the industry distribution chart, REN-Redes Energeticas Nacionais Sgps ranks #13 out of 508 companies in the Utilities - Regulated industry, placing it in the top 2.6%.
Is REN-Redes Energeticas Nacionais Sgps' Return-on-Tangible-Asset too high?
REN-Redes Energeticas Nacionais Sgps' current Return-on-Tangible-Asset of 23.79% is 113% above median its 10-year median of 11.15. Over the past 10 years, this metric has ranged from a low of 5.84 to a high of 20.34. The Utilities - Regulated industry median Return-on-Tangible-Asset is 3.38. REN-Redes Energeticas Nacionais Sgps' value of 23.79% is 603.8% above this industry median. Based on the distribution chart, REN-Redes Energeticas Nacionais Sgps ranks #13 out of 508 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, REN-Redes Energeticas Nacionais Sgps has a GF Score™ of 87/100, reflecting its overall financial health beyond just this single metric.
How does REN-Redes Energeticas Nacionais Sgps' Return-on-Tangible-Asset compare to SRE and AES?
According to the Utilities - Regulated industry distribution chart, REN-Redes Energeticas Nacionais Sgps ranks #13 out of 508 companies for Return-on-Tangible-Asset. This places REN-Redes Energeticas Nacionais Sgps in the top 3% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.38. REN-Redes Energeticas Nacionais Sgps' value of 23.79% is 603.8% above this benchmark. Historically, REN-Redes Energeticas Nacionais Sgps' own Return-on-Tangible-Asset has ranged from 5.84 to 20.34 over the past decade. While the company's 10-year median is 11.15 vs. the industry median of 3.38, REN-Redes Energeticas Nacionais Sgps 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 3.38, based on 508 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. REN-Redes Energeticas Nacionais Sgps's current Return-on-Tangible-Asset of 23.79% is 603.8% 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 REN-Redes Energeticas Nacionais Sgps and its competitors. For the Utilities - Regulated industry, the median Return-on-Tangible-Asset is 3.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. REN-Redes Energeticas Nacionais Sgps's current Return-on-Tangible-Asset is 23.79%, which is 113% above median its own 10-year median of 11.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is REN-Redes Energeticas Nacionais Sgps stock overvalued right now?
REN-Redes Energeticas Nacionais Sgps (MEX:RENEN) has a current Return-on-Tangible-Asset of 23.79%. The stock's GF Value™ is MXN40.36, compared to a current price of MXN45.23 — trading 12.1% above its estimated fair value. The current Return-on-Tangible-Asset is 23.79%, which is 113% above median its 10-year median of 11.15 and 603.8% above the Utilities - Regulated industry median of 3.38. REN-Redes Energeticas Nacionais Sgps' overall GF Score™ is 87/100 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 REN-Redes Energeticas Nacionais Sgps (MEX:RENEN), the current Return-on-Tangible-Asset is 23.79% as of Jun. 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 REN-Redes Energeticas Nacionais Sgps (MEX:RENEN) Overvalued in 2026?
Based on GuruFocus' analysis, REN-Redes Energeticas Nacionais Sgps stock appears to be overvalued.
The current stock price of MXN45.23 is trading 12.1% above its estimated GF Value™ of MXN40.36.
Key valuation signals for MEX:RENEN:
Return-on-Tangible-Asset: 23.79% (113% above median its 10-year median of 11.15)
GF Value™: MXN40.36 vs. price of MXN45.23 (12.1% above fair value)
Industry Position: 603.8% above the Utilities - Regulated median (#13 of 508)
No single metric tells the full story. See the MEX:RENEN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
REN-Redes Energeticas Nacionais Sgps SA is an energy and utility company that operates as the primary concession holder for electricity transmission and natural gas transportation in Portugal. It manages the national high-voltage electricity grid, high-pressure natural gas pipelines, LNG terminal, and underground storage, focusing on energy transition, sustainability, and security of supply. The Group presently has two main business segments, Electricity and Gas, and a secondary business of Telecommunications.
87GF Score
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