Carnegie Clean EnergyASX:CCE +10.53%16 Return-on-Tangible-Equity is -164.34% as of Dec. 2025. GuruFocus rates ASX:CCE with a GF Score™ of 16/100 and a GF Value™ of A$0.06 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 425 Utilities - Independent Power Producers companies, Carnegie Clean Energy ranks worse than 95.53% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Carnegie Clean Energy's annualized net income for the quarter that ended in Dec. 2025 was A$-3.41 Mil. Carnegie Clean Energy's average shareholder tangible equity for the quarter that ended in Dec. 2025 was A$2.08 Mil. Therefore, Carnegie Clean Energy's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was -164.34%.
The historical rank and industry rank for Carnegie Clean Energy's Return-on-Tangible-Equity or its related term are showing as below:
ASX:CCE'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -2083.49 Med: -65.4 Max: -9.59
Current: -92.2
During the past 13 years, Carnegie Clean Energy's highest Return-on-Tangible-Equity was -9.59%. The lowest was -2,083.49%. And the median was -65.40%.
ASX:CCE's Return-on-Tangible-Equity is ranked worse than 95.53% of 425
companies
in the Utilities - Independent Power Producers industry
Industry Median: 4.71
vs ASX:CCE: -92.20
Carnegie Clean Energy (ASX:CCE) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Carnegie Clean Energy Return-on-Tangible-Equity Related Terms
Carnegie Clean Energy Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Carnegie Clean Energy's Return-on-Tangible-Equity 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.
Carnegie Clean Energy Return-on-Tangible-Equity Chart
Carnegie Clean Energy Return-on-Tangible-Equity Competitor Comparison
For the Utilities - Renewable subindustry, Carnegie Clean Energy's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.
Carnegie Clean Energy Return-on-Tangible-Equity vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Carnegie Clean Energy's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Carnegie Clean Energy's Return-on-Tangible-Equity 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is two times the semi-annual (Dec. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of -164.34% mean?
Carnegie Clean Energy (ASX:CCE) has a Return-on-Tangible-Equity of -164.34% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Carnegie Clean Energy and its competitors. According to the industry distribution chart, Carnegie Clean Energy ranks #406 out of 425 companies in the Utilities - Independent Power Producers industry, placing it in the top 95.5%.
Is Carnegie Clean Energy's Return-on-Tangible-Equity too high?
Carnegie Clean Energy's current Return-on-Tangible-Equity is -164.34%. Based on the distribution chart, Carnegie Clean Energy ranks #406 out of 425 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, Carnegie Clean Energy has a GF Score™ of 16/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Carnegie Clean Energy's Return-on-Tangible-Equity compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Carnegie Clean Energy ranks #406 out of 425 companies for Return-on-Tangible-Equity. This places Carnegie Clean Energy in the lower half of its industry. The industry median Return-on-Tangible-Equity is 4.71. 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-Equity for an Utilities - Independent Power Producers company?
The median Return-on-Tangible-Equity among Utilities - Independent Power Producers companies is 4.71, based on 425 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 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-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Carnegie Clean Energy and its competitors. For the Utilities - Independent Power Producers industry, the median Return-on-Tangible-Equity is 4.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Carnegie Clean Energy's current Return-on-Tangible-Equity is -164.34%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carnegie Clean Energy stock overvalued right now?
Based on GuruFocus' analysis, Carnegie Clean Energy (ASX:CCE) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.06, compared to a current price of A$0.21 — trading 250% above its estimated fair value. The current Return-on-Tangible-Equity is -164.34%. Carnegie Clean Energy's overall GF Score™ is 16/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Carnegie Clean Energy (ASX:CCE), the current Return-on-Tangible-Equity is -164.34% 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 Carnegie Clean Energy (ASX:CCE) Overvalued in 2026?
Based on GuruFocus' analysis, Carnegie Clean Energy stock appears to be overvalued.
The current stock price of A$0.21 is trading 250% above its estimated GF Value™ of A$0.06.
GuruFocus considers Carnegie Clean Energy to be Significantly Overvalued.
Key valuation signals for ASX:CCE:
Return-on-Tangible-Equity: -164.34%
GF Value™: A$0.06 vs. price of A$0.21 (250% above fair value)
No single metric tells the full story. See the ASX:CCE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Carnegie Clean Energy Ltd is the developer of utility-scale solar, battery, wave, and hybrid energy projects. The firm is mainly engaged in CETO wave energy technology/microgrid build, own, operator, which is developing and commercializing technology for zero-emission electricity generation from ocean swell, and the production and selling of energy through the ownership of microgrids; and Solar and Battery engineering and procurement. The firm realizes a majority of its revenue from Garden Island Microgrid through electricity sales.
16GF Score
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