Genesis EnergyASX:GNE +2.38%73 Return-on-Tangible-Equity is 6.74% as of Dec. 2025, which is 8% above its 10-year median of 6.26. GuruFocus rates ASX:GNE with a GF Score™ of 73/100 and a GF Value™ of A$1.78 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 425 Utilities - Independent Power Producers companies, Genesis Energy ranks better than 57.41% 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. Genesis Energy's annualized net income for the quarter that ended in Dec. 2025 was A$166 Mil. Genesis Energy's average shareholder tangible equity for the quarter that ended in Dec. 2025 was A$2,459 Mil. Therefore, Genesis Energy's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 6.74%.
The historical rank and industry rank for Genesis Energy's Return-on-Tangible-Equity or its related term are showing as below:
ASX:GNE'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 1.23 Med: 6.26 Max: 11.82
Current: 7.16
During the past 12 years, Genesis Energy's highest Return-on-Tangible-Equity was 11.82%. The lowest was 1.23%. And the median was 6.26%.
ASX:GNE's Return-on-Tangible-Equity is ranked better than 57.41% of 425
companies
in the Utilities - Independent Power Producers industry
Industry Median: 4.71
vs ASX:GNE: 7.16
Genesis Energy (ASX:GNE) 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.
Genesis Energy Return-on-Tangible-Equity Related Terms
Genesis Energy Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Genesis 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.
ASX:GNE vs CEG, VST, NRG: Return-on-Tangible-Equity Comparison
For the Utilities - Independent Power Producers subindustry, Genesis 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.
Genesis Energy Return-on-Tangible-Equity vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Genesis Energy's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Genesis 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 6.74% mean?
Genesis Energy (ASX:GNE) has a Return-on-Tangible-Equity of 6.74% 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 Genesis Energy and its competitors. This is near median its historical median of 6.26. Over the past decade, Genesis Energy's Return-on-Tangible-Equity has ranged from 1.23 to 11.82. According to the industry distribution chart, Genesis Energy ranks #181 out of 425 companies in the Utilities - Independent Power Producers industry, placing it in the top 42.6%.
Is Genesis Energy's Return-on-Tangible-Equity too high?
Genesis Energy's current Return-on-Tangible-Equity of 6.74% is near median its 10-year median of 6.26. Over the past 10 years, this metric has ranged from a low of 1.23 to a high of 11.82. The Utilities - Independent Power Producers industry median Return-on-Tangible-Equity is 4.71. Genesis Energy's value of 6.74% is 43.1% above this industry median. Based on the distribution chart, Genesis Energy ranks #181 out of 425 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Genesis Energy has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Genesis Energy's Return-on-Tangible-Equity compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Genesis Energy ranks #181 out of 425 companies for Return-on-Tangible-Equity. This puts Genesis Energy in the upper half of its industry. The industry median Return-on-Tangible-Equity is 4.71. Genesis Energy's value of 6.74% is 43.1% above this benchmark. Historically, Genesis Energy's own Return-on-Tangible-Equity has ranged from 1.23 to 11.82 over the past decade. While the company's 10-year median is 6.26 vs. the industry median of 4.71, Genesis Energy 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-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. Genesis Energy's current Return-on-Tangible-Equity of 6.74% is 43.1% 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-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 Genesis 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. Genesis Energy's current Return-on-Tangible-Equity is 6.74%, which is near median its own 10-year median of 6.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Genesis Energy stock overvalued right now?
Based on GuruFocus' analysis, Genesis Energy (ASX:GNE) is currently considered Modestly Overvalued. The stock's GF Value™ is A$1.78, compared to a current price of A$2.15 — trading 20.8% above its estimated fair value. The current Return-on-Tangible-Equity is 6.74%, which is near median its 10-year median of 6.26 and 43.1% above the Utilities - Independent Power Producers industry median of 4.71. Genesis Energy's overall GF Score™ is 73/100 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-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Genesis Energy (ASX:GNE), the current Return-on-Tangible-Equity is 6.74% 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 Genesis Energy (ASX:GNE) Overvalued in 2026?
Based on GuruFocus' analysis, Genesis Energy stock appears to be overvalued.
The current stock price of A$2.15 is trading 20.8% above its estimated GF Value™ of A$1.78.
GuruFocus considers Genesis Energy to be Modestly Overvalued.
Key valuation signals for ASX:GNE:
Return-on-Tangible-Equity: 6.74% (near median its 10-year median of 6.26)
GF Value™: A$1.78 vs. price of A$2.15 (20.8% above fair value)
Industry Position: 43.1% above the Utilities - Independent Power Producers median (#181 of 425)
No single metric tells the full story. See the ASX:GNE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Genesis Energy is one of New Zealand's leading producers of electricity, accounting for more than 15% of the country's total generation. The firm enjoys a strong retail presence, with the highest retail market share, at over 25%. The company has a mix of renewable and thermal assets, with the latter accounting for about 55%-60% of the firm's overall production. The company has a 46% interest in the Kupe oil and gas field.
73GF Score
Get the complete analysis for ASX:GNE
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