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Compagnie des Eaux de RoyanXPAR:MLEDR +1.67%63 Return-on-Tangible-Asset is 5.20% as of Dec. 2025, which is 50% above its 10-year median of 3.47. GuruFocus rates XPAR:MLEDR with a GF Score™ of 63/100 and a GF Value™ of €32.91 (Fairly Valued). The stock has 3 warning signs investors should review. Among 510 Utilities - Regulated companies, Compagnie des Eaux de Royan ranks better than 70% on this metric.
The historical rank and industry rank for Compagnie des Eaux de Royan's Return-on-Tangible-Asset or its related term are showing as below:
XPAR:MLEDR'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -3.32 Med: 3.47 Max: 6.23
Current: 5.2
During the past 13 years, Compagnie des Eaux de Royan's highest Return-on-Tangible-Asset was 6.23%. The lowest was -3.32%. And the median was 3.47%.
XPAR:MLEDR's Return-on-Tangible-Asset is ranked better than 70% of 510
companies
in the Utilities - Regulated industry
Industry Median: 3.33
vs XPAR:MLEDR: 5.20
Compagnie des Eaux de Royan (XPAR:MLEDR) 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.
Compagnie des Eaux de Royan Return-on-Tangible-Asset Related Terms
Compagnie des Eaux de Royan 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.
Compagnie des Eaux de Royan Return-on-Tangible-Asset Chart
XPAR:MLEDR vs AWK, WTRG, AWR: Return-on-Tangible-Asset Comparison
For the Utilities - Regulated Water subindustry, Compagnie des Eaux de Royan'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.
Compagnie des Eaux de Royan Return-on-Tangible-Asset vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Compagnie des Eaux de Royan's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Compagnie des Eaux de Royan'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 one times the annual (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 5.20% mean?
Compagnie des Eaux de Royan (XPAR:MLEDR) has a Return-on-Tangible-Asset of 5.20% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Compagnie des Eaux de Royan and its competitors. This is 50% above median its historical median of 3.47. According to the industry distribution chart, Compagnie des Eaux de Royan ranks #153 out of 510 companies in the Utilities - Regulated industry, placing it in the top 30%.
Is Compagnie des Eaux de Royan's Return-on-Tangible-Asset too high?
Compagnie des Eaux de Royan's current Return-on-Tangible-Asset of 5.20% is 50% above median its 10-year median of 3.47. The Utilities - Regulated industry median Return-on-Tangible-Asset is 3.33. Compagnie des Eaux de Royan's value of 5.20% is 56.2% above this industry median. Based on the distribution chart, Compagnie des Eaux de Royan ranks #153 out of 510 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Compagnie des Eaux de Royan has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Compagnie des Eaux de Royan's Return-on-Tangible-Asset compare to AWK and WTRG?
According to the Utilities - Regulated industry distribution chart, Compagnie des Eaux de Royan ranks #153 out of 510 companies for Return-on-Tangible-Asset. This puts Compagnie des Eaux de Royan in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.33. Compagnie des Eaux de Royan's value of 5.20% is 56.2% above this benchmark. While the company's 10-year median is 3.47 vs. the industry median of 3.33, Compagnie des Eaux de Royan 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 3.33, 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. Compagnie des Eaux de Royan's current Return-on-Tangible-Asset of 5.20% is 56.2% 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 Compagnie des Eaux de Royan and its competitors. For the Utilities - Regulated industry, the median Return-on-Tangible-Asset is 3.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Compagnie des Eaux de Royan's current Return-on-Tangible-Asset is 5.20%, which is 50% above median its own 10-year median of 3.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Compagnie des Eaux de Royan stock overvalued right now?
Based on GuruFocus' analysis, Compagnie des Eaux de Royan (XPAR:MLEDR) is currently considered Fairly Valued. The stock's GF Value™ is €32.91, compared to a current price of €36.60 — trading 11.2% above its estimated fair value. The current Return-on-Tangible-Asset is 5.20%, which is 50% above median its 10-year median of 3.47 and 56.2% above the Utilities - Regulated industry median of 3.33. Compagnie des Eaux de Royan's overall GF Score™ is 63/100 with 3 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 Compagnie des Eaux de Royan (XPAR:MLEDR), the current Return-on-Tangible-Asset is 5.20% as of Dec. 2025. 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 Compagnie des Eaux de Royan (XPAR:MLEDR) Overvalued in 2026?
Based on GuruFocus' analysis, Compagnie des Eaux de Royan stock appears to be overvalued.
The current stock price of €36.60 is trading 11.2% above its estimated GF Value™ of €32.91.
GuruFocus considers Compagnie des Eaux de Royan to be Fairly Valued.
Key valuation signals for XPAR:MLEDR:
Return-on-Tangible-Asset: 5.20% (50% above median its 10-year median of 3.47)
GF Value™: €32.91 vs. price of €36.60 (11.2% above fair value)
Industry Position: 56.2% above the Utilities - Regulated median (#153 of 510)
No single metric tells the full story. See the XPAR:MLEDR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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