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. Rivco Australia's annualized net income for the quarter that ended in Dec. 2025 was A$-5.24 Mil. Rivco Australia's average shareholder tangible equity for the quarter that ended in Dec. 2025 was A$-17.81 Mil. Therefore, Rivco Australia's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was N/A%.
The historical rank and industry rank for Rivco Australia's Return-on-Tangible-Equity or its related term are showing as below:
ASX:D2O'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 127.14 Med: 127.14 Max: 127.14
Current: Negative Tangible Equity
During the past 9 years, Rivco Australia's highest Return-on-Tangible-Equity was 127.14%. The lowest was 127.14%. And the median was 127.14%.
ASX:D2O's Return-on-Tangible-Equity is not ranked
in the Utilities - Regulated industry.
Industry Median: 10.91
vs ASX:D2O: Negative Tangible Equity
Rivco Australia (ASX:D2O) 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.
Rivco Australia Return-on-Tangible-Equity Related Terms
Rivco Australia Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Rivco Australia'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.
ASX:D2O vs AWK, WTRG, AWR: Return-on-Tangible-Equity Comparison
For the Utilities - Regulated Water subindustry, Rivco Australia'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.
Rivco Australia Return-on-Tangible-Equity vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Rivco Australia's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Rivco Australia'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 0.00% mean?
Rivco Australia (ASX:D2O) has a Return-on-Tangible-Equity of 0.00% 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 Rivco Australia and its competitors. Over the past decade, Rivco Australia's Return-on-Tangible-Equity has ranged from 127.14 to 127.14.
Is Rivco Australia's Return-on-Tangible-Equity too high?
Rivco Australia's current Return-on-Tangible-Equity is 0.00%. Over the past 10 years, this metric has ranged from a low of 127.14 to a high of 127.14. Overall, Rivco Australia has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Rivco Australia's Return-on-Tangible-Equity compare to AWK and WTRG?
Rivco Australia's Return-on-Tangible-Equity of 0.00% can be compared against companies in the Utilities - Regulated industry. The industry median Return-on-Tangible-Equity is 10.91. Historically, Rivco Australia's own Return-on-Tangible-Equity has ranged from 127.14 to 127.14 over the past decade. 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 - Regulated company?
The median Return-on-Tangible-Equity among Utilities - Regulated companies is 10.91, based on 498 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 Rivco Australia and its competitors. For the Utilities - Regulated industry, the median Return-on-Tangible-Equity is 10.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rivco Australia's current Return-on-Tangible-Equity is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rivco Australia stock overvalued right now?
Rivco Australia (ASX:D2O) has a current Return-on-Tangible-Equity of 0.00%. The stock's GF Value™ is A$1.24, compared to a current price of A$1.53 — trading 23.4% above its estimated fair value. The current Return-on-Tangible-Equity is 0.00%. Rivco Australia's overall GF Score™ is 10/100 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-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Rivco Australia (ASX:D2O), the current Return-on-Tangible-Equity is 0.00% 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 Rivco Australia (ASX:D2O) Overvalued in 2026?
Based on GuruFocus' analysis, Rivco Australia stock appears to be overvalued.
The current stock price of A$1.53 is trading 23.4% above its estimated GF Value™ of A$1.24.
Key valuation signals for ASX:D2O:
Return-on-Tangible-Equity: 0.00%
GF Value™: A$1.24 vs. price of A$1.53 (23.4% above fair value)
No single metric tells the full story. See the ASX:D2O stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Rivco Australia Ltd provides investors with a direct and pure exposure to Australian water markets. Rivco's primary business activity is to build a diversified portfolio of water entitlements, and through active management, generate a return by offering a range of water supply products to Australian water users. The company are partners with irrigators across the Murray-Darling Basin to deliver reliable water supply solutions. It's products help growers manage seasonal variability and allow planning decisions based on their portfolio.
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