Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Pennon GroupPEGRF 75 Return-on-Tangible-Asset is 0.95% as of Mar. 2026, which is 71% below its 10-year median of 3.27. GuruFocus rates PEGRF with a GF Score™ of 75/100 and a GF Value™ of $6.24 (Fairly Valued). The stock has 9 warning signs investors should review. Among 510 Utilities - Regulated companies, Pennon Group ranks worse than 76.27% 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. Pennon Group's annualizedNet Income for the quarter that ended in Mar. 2026 was $91 Mil. Pennon Group's average total tangible assets for the quarter that ended in Mar. 2026 was $9,647 Mil. Therefore, Pennon Group's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 0.95%.
The historical rank and industry rank for Pennon Group's Return-on-Tangible-Asset or its related term are showing as below:
PEGRF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -0.9 Med: 3.27 Max: 26.91
Current: 1.3
During the past 13 years, Pennon Group's highest Return-on-Tangible-Asset was 26.91%. The lowest was -0.90%. And the median was 3.27%.
PEGRF's Return-on-Tangible-Asset is ranked worse than 76.27% of 510
companies
in the Utilities - Regulated industry
Industry Median: 3.3
vs PEGRF: 1.30
Pennon Group (OTCPK:PEGRF) 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.
Pennon Group Return-on-Tangible-Asset Related Terms
Pennon Group Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Pennon Group'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.
PEGRF vs AWK, WTRG, AWR: Return-on-Tangible-Asset Comparison
For the Utilities - Regulated Water subindustry, Pennon Group'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.
Pennon Group Return-on-Tangible-Asset vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Pennon Group's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Pennon Group'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 two times the semi-annual (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 0.95% mean?
Pennon Group (PEGRF) has a Return-on-Tangible-Asset of 0.95% 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 Pennon Group and its competitors. This is 71% below median its historical median of 3.27. According to the industry distribution chart, Pennon Group ranks #389 out of 510 companies in the Utilities - Regulated industry, placing it in the top 76.3%.
Is Pennon Group's Return-on-Tangible-Asset too high?
Pennon Group's current Return-on-Tangible-Asset of 0.95% is 71% below median its 10-year median of 3.27. The Utilities - Regulated industry median Return-on-Tangible-Asset is 3.30. Pennon Group's value of 0.95% is 71.2% below this industry median. Based on the distribution chart, Pennon Group ranks #389 out of 510 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Pennon Group has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Pennon Group's Return-on-Tangible-Asset compare to AWK and WTRG?
According to the Utilities - Regulated industry distribution chart, Pennon Group ranks #389 out of 510 companies for Return-on-Tangible-Asset. This places Pennon Group in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.30. Pennon Group's value of 0.95% is 71.2% below this benchmark. While the company's 10-year median is 3.27 vs. the industry median of 3.30, Pennon Group 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. Pennon Group's current Return-on-Tangible-Asset of 0.95% is 71.2% 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 Pennon Group 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. Pennon Group's current Return-on-Tangible-Asset is 0.95%, which is 71% below median its own 10-year median of 3.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pennon Group stock overvalued right now?
Based on GuruFocus' analysis, Pennon Group (PEGRF) is currently considered Fairly Valued. The stock's GF Value™ is $6.24, compared to a current price of $5.80 — trading 7.1% below its estimated fair value. The current Return-on-Tangible-Asset is 0.95%, which is 71% below median its 10-year median of 3.27 and 71.2% below the Utilities - Regulated industry median of 3.30. Pennon Group's overall GF Score™ is 75/100 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 Pennon Group (PEGRF), the current Return-on-Tangible-Asset is 0.95% 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 Pennon Group (PEGRF) Overvalued in 2026?
Based on GuruFocus' analysis, Pennon Group stock appears to be undervalued.
The current stock price of $5.80 is trading 7.1% below its estimated GF Value™ of $6.24.
GuruFocus considers Pennon Group to be Fairly Valued.
Key valuation signals for PEGRF:
Return-on-Tangible-Asset: 0.95% (71% below median its 10-year median of 3.27)
GF Value™: $6.24 vs. price of $5.80 (7.1% below fair value)
Industry Position: 71.2% below the Utilities - Regulated median (#389 of 510)
No single metric tells the full story. See the PEGRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pennon Group PLC is a British water and environmental utility infrastructure company that operates mainly in the United Kingdom. It has smaller operations in the European Union, China, and other countries. The company operates through Water, Non-household retail, and other segments. The water business comprises the regulated water and wastewater services undertaken by South West Water. The non-household retail business comprises the services provided by Pennon Water Services in the non-household water and wastewater retail market. The majority of revenue is derived from the water division.
75GF Score
Get the complete analysis for PEGRF
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
PEGRF has been successfully added to your 
