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Geregu PowerNSA:GEREGU 25 Return-on-Tangible-Asset is 2.78% as of Mar. 2026, which is 72% below its 10-year median of 9.94. GuruFocus rates NSA:GEREGU with a GF Score™ of 25/100. The stock has 2 warning signs investors should review. Among 507 Utilities - Regulated companies, Geregu Power ranks better than 79.88% 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. Geregu Power's annualizedNet Income for the quarter that ended in Mar. 2026 was ₦8,418 Mil. Geregu Power's average total tangible assets for the quarter that ended in Mar. 2026 was ₦302,534 Mil. Therefore, Geregu Power's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 2.78%.
The historical rank and industry rank for Geregu Power's Return-on-Tangible-Asset or its related term are showing as below:
NSA:GEREGU'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 6.72 Med: 9.94 Max: 12.89
Current: 6.72
During the past 3 years, Geregu Power's highest Return-on-Tangible-Asset was 12.89%. The lowest was 6.72%. And the median was 9.94%.
NSA:GEREGU's Return-on-Tangible-Asset is ranked better than 79.88% of 507
companies
in the Utilities - Regulated industry
Industry Median: 3.37
vs NSA:GEREGU: 6.72
Geregu Power (NSA:GEREGU) 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.
Geregu Power Return-on-Tangible-Asset Related Terms
Geregu Power Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Geregu Power'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.
NSA:GEREGU vs NEE, SO, DUK: Return-on-Tangible-Asset Comparison
For the Utilities - Regulated Electric subindustry, Geregu Power'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.
Geregu Power Return-on-Tangible-Asset vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Geregu Power's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Geregu Power'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 2.78% mean?
Geregu Power (NSA:GEREGU) has a Return-on-Tangible-Asset of 2.78% 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 Geregu Power and its competitors. This is 72% below median its historical median of 9.94. Over the past decade, Geregu Power's Return-on-Tangible-Asset has ranged from 6.72 to 12.89. According to the industry distribution chart, Geregu Power ranks #102 out of 507 companies in the Utilities - Regulated industry, placing it in the top 20.1%.
Is Geregu Power's Return-on-Tangible-Asset too high?
Geregu Power's current Return-on-Tangible-Asset of 2.78% is 72% below median its 10-year median of 9.94. Over the past 10 years, this metric has ranged from a low of 6.72 to a high of 12.89. The Utilities - Regulated industry median Return-on-Tangible-Asset is 3.37. Geregu Power's value of 2.78% is 17.5% below this industry median. Based on the distribution chart, Geregu Power ranks #102 out of 507 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Geregu Power has a GF Score™ of 25/100, reflecting its overall financial health beyond just this single metric.
How does Geregu Power's Return-on-Tangible-Asset compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Geregu Power ranks #102 out of 507 companies for Return-on-Tangible-Asset. This places Geregu Power in the top 20% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.37. Geregu Power's value of 2.78% is 17.5% below this benchmark. Historically, Geregu Power's own Return-on-Tangible-Asset has ranged from 6.72 to 12.89 over the past decade. While the company's 10-year median is 9.94 vs. the industry median of 3.37, Geregu Power 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 3.37, based on 507 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. Geregu Power's current Return-on-Tangible-Asset of 2.78% is 17.5% 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 Geregu Power and its competitors. For the Utilities - Regulated industry, the median Return-on-Tangible-Asset is 3.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Geregu Power's current Return-on-Tangible-Asset is 2.78%, which is 72% below median its own 10-year median of 9.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Geregu Power stock overvalued right now?
Geregu Power (NSA:GEREGU) has a current Return-on-Tangible-Asset of 2.78%. The current Return-on-Tangible-Asset is 2.78%, which is 72% below median its 10-year median of 9.94 and 17.5% below the Utilities - Regulated industry median of 3.37. Geregu Power's overall GF Score™ is 25/100 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 Geregu Power (NSA:GEREGU), the current Return-on-Tangible-Asset is 2.78% 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.
Geregu Power PLC is engaged in the business of electric power generation and sale of electric power through the National Grid of the Transmission Company of Nigeria (TCN) to the Nigerian Bulk Electricity Trading Plc (NBET).
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