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SBS's Return-on-Tangible-Asset is ranked better than 95.69% of 510
companies
in the Utilities - Regulated industry
Industry Median: 3.305
vs SBS: 16.37
Companhia Deneamento Basico Do Estado Deo Paulo (NYSE:SBS) 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.
Companhia Deneamento Basico Do Estado Deo Paulo Return-on-Tangible-Asset Related Terms
Companhia Deneamento Basico Do Estado Deo Paulo 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.
Companhia Deneamento Basico Do Estado Deo Paulo Return-on-Tangible-Asset Chart
Companhia Deneamento Basico Do Estado Deo Paulo Annual Data
SBS vs AWK, WTRG, AWR: Return-on-Tangible-Asset Comparison
For the Utilities - Regulated Water subindustry, Companhia Deneamento Basico Do Estado Deo Paulo'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.
Companhia Deneamento Basico Do Estado Deo Paulo Return-on-Tangible-Asset vs Utilities - Regulated Industry
* 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 11.90% mean?
Companhia Deneamento Basico Do Estado Deo Paulo (SBS) has a Return-on-Tangible-Asset of 11.90% 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 Companhia Deneamento Basico Do Estado Deo Paulo and its competitors. This is 45% below median its historical median of 21.66. Over the past decade, Companhia Deneamento Basico Do Estado Deo Paulo's Return-on-Tangible-Asset has ranged from 6.45 to 55.13. According to the industry distribution chart, Companhia Deneamento Basico Do Estado Deo Paulo ranks #22 out of 510 companies in the Utilities - Regulated industry, placing it in the top 4.3%.
Is Companhia Deneamento Basico Do Estado Deo Paulo's Return-on-Tangible-Asset too high?
Companhia Deneamento Basico Do Estado Deo Paulo's current Return-on-Tangible-Asset of 11.90% is 45% below median its 10-year median of 21.66. Over the past 10 years, this metric has ranged from a low of 6.45 to a high of 55.13. The Utilities - Regulated industry median Return-on-Tangible-Asset is 3.31. Companhia Deneamento Basico Do Estado Deo Paulo's value of 11.90% is 260.1% above this industry median. Based on the distribution chart, Companhia Deneamento Basico Do Estado Deo Paulo ranks #22 out of 510 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Companhia Deneamento Basico Do Estado Deo Paulo has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Companhia Deneamento Basico Do Estado Deo Paulo's Return-on-Tangible-Asset compare to AWK and WTRG?
According to the Utilities - Regulated industry distribution chart, Companhia Deneamento Basico Do Estado Deo Paulo ranks #22 out of 510 companies for Return-on-Tangible-Asset. This places Companhia Deneamento Basico Do Estado Deo Paulo in the top 4% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.31. Companhia Deneamento Basico Do Estado Deo Paulo's value of 11.90% is 260.1% above this benchmark. Historically, Companhia Deneamento Basico Do Estado Deo Paulo's own Return-on-Tangible-Asset has ranged from 6.45 to 55.13 over the past decade. While the company's 10-year median is 21.66 vs. the industry median of 3.31, Companhia Deneamento Basico Do Estado Deo Paulo 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 3.31, 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. Companhia Deneamento Basico Do Estado Deo Paulo's current Return-on-Tangible-Asset of 11.90% is 260.1% 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 Companhia Deneamento Basico Do Estado Deo Paulo and its competitors. For the Utilities - Regulated industry, the median Return-on-Tangible-Asset is 3.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Companhia Deneamento Basico Do Estado Deo Paulo's current Return-on-Tangible-Asset is 11.90%, which is 45% below median its own 10-year median of 21.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Companhia Deneamento Basico Do Estado Deo Paulo stock overvalued right now?
Based on GuruFocus' analysis, Companhia Deneamento Basico Do Estado Deo Paulo (SBS) is currently considered Modestly Overvalued. The stock's GF Value™ is $4.78, compared to a current price of $5.79 — trading 21.1% above its estimated fair value. The current Return-on-Tangible-Asset is 11.90%, which is 45% below median its 10-year median of 21.66 and 260.1% above the Utilities - Regulated industry median of 3.31. Companhia Deneamento Basico Do Estado Deo Paulo's overall GF Score™ is 80/100 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 Companhia Deneamento Basico Do Estado Deo Paulo (SBS), the current Return-on-Tangible-Asset is 11.90% 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 Companhia Deneamento Basico Do Estado Deo Paulo (SBS) Overvalued in 2026?
Based on GuruFocus' analysis, Companhia Deneamento Basico Do Estado Deo Paulo stock appears to be overvalued.
The current stock price of $5.79 is trading 21.1% above its estimated GF Value™ of $4.78.
GuruFocus considers Companhia Deneamento Basico Do Estado Deo Paulo to be Modestly Overvalued.
Key valuation signals for SBS:
Return-on-Tangible-Asset: 11.90% (45% below median its 10-year median of 21.66)
GF Value™: $4.78 vs. price of $5.79 (21.1% above fair value)
Industry Position: 260.1% above the Utilities - Regulated median (#22 of 510)
No single metric tells the full story. See the SBS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Companhia Deneamento Basico Do Estado Deo Paulo Business Description
Companhia De Saneamento Basico Do Estado De Sao Paulo is engaged in the provision of basic and environmental sanitation services in Sao Paulo State, and supplies treated water and sewage services on a wholesale basis. SABESP may perform activities in other states and countries and can operate in drainage, urban cleaning, solid waste handling, and energy markets. The company determined that it has a single operating segment, which is the provision of sanitation services.
80GF Score
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