Public PowerATH:PPC +1.63%74 Return-on-Tangible-Equity is 8.89% as of Dec. 2025, which is 984% above its 10-year median of 0.82. GuruFocus rates ATH:PPC with a GF Score™ of 74/100 and a GF Value™ of €15.32 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 426 Utilities - Independent Power Producers companies, Public Power ranks better than 58.69% 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. Public Power's annualized net income for the quarter that ended in Dec. 2025 was €337 Mil. Public Power's average shareholder tangible equity for the quarter that ended in Dec. 2025 was €3,796 Mil. Therefore, Public Power's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 8.89%.
The historical rank and industry rank for Public Power's Return-on-Tangible-Equity or its related term are showing as below:
ATH:PPC'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -50.31 Med: 0.82 Max: 12.73
Current: 7.7
During the past 13 years, Public Power's highest Return-on-Tangible-Equity was 12.73%. The lowest was -50.31%. And the median was 0.82%.
ATH:PPC's Return-on-Tangible-Equity is ranked better than 58.69% of 426
companies
in the Utilities - Independent Power Producers industry
Industry Median: 4.69
vs ATH:PPC: 7.70
Public Power (ATH:PPC) 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.
Public Power Return-on-Tangible-Equity Related Terms
Public Power Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Public Power'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.
Public Power Return-on-Tangible-Equity Competitor Comparison
For the Utilities - Renewable subindustry, Public Power'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.
Public Power Return-on-Tangible-Equity vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Public Power's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Public Power'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 8.89% mean?
Public Power (ATH:PPC) has a Return-on-Tangible-Equity of 8.89% 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 Public Power and its competitors. This is 984% above median its historical median of 0.82. According to the industry distribution chart, Public Power ranks #176 out of 426 companies in the Utilities - Independent Power Producers industry, placing it in the top 41.3%.
Is Public Power's Return-on-Tangible-Equity too high?
Public Power's current Return-on-Tangible-Equity of 8.89% is 984% above median its 10-year median of 0.82. The Utilities - Independent Power Producers industry median Return-on-Tangible-Equity is 4.69. Public Power's value of 8.89% is 89.6% above this industry median. Based on the distribution chart, Public Power ranks #176 out of 426 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Public Power has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Public Power's Return-on-Tangible-Equity compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Public Power ranks #176 out of 426 companies for Return-on-Tangible-Equity. This puts Public Power in the upper half of its industry. The industry median Return-on-Tangible-Equity is 4.69. Public Power's value of 8.89% is 89.6% above this benchmark. While the company's 10-year median is 0.82 vs. the industry median of 4.69, Public Power 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 4.69, based on 426 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. Public Power's current Return-on-Tangible-Equity of 8.89% is 89.6% 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 Public Power and its competitors. For the Utilities - Independent Power Producers industry, the median Return-on-Tangible-Equity is 4.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Public Power's current Return-on-Tangible-Equity is 8.89%, which is 984% above median its own 10-year median of 0.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Public Power stock overvalued right now?
Based on GuruFocus' analysis, Public Power (ATH:PPC) is currently considered Significantly Overvalued. The stock's GF Value™ is €15.32, compared to a current price of €23.70 — trading 54.7% above its estimated fair value. The current Return-on-Tangible-Equity is 8.89%, which is 984% above median its 10-year median of 0.82 and 89.6% above the Utilities - Independent Power Producers industry median of 4.69. Public Power's overall GF Score™ is 74/100 with 10 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 Public Power (ATH:PPC), the current Return-on-Tangible-Equity is 8.89% 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 Public Power (ATH:PPC) Overvalued in 2026?
Based on GuruFocus' analysis, Public Power stock appears to be overvalued.
The current stock price of €23.70 is trading 54.7% above its estimated GF Value™ of €15.32.
GuruFocus considers Public Power to be Significantly Overvalued.
Key valuation signals for ATH:PPC:
Return-on-Tangible-Equity: 8.89% (984% above median its 10-year median of 0.82)
GF Value™: €15.32 vs. price of €23.70 (54.7% above fair value)
Industry Position: 89.6% above the Utilities - Independent Power Producers median (#176 of 426)
No single metric tells the full story. See the ATH:PPC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Public Power Corp SA is a public electric utility company with the Hellenic Republic as its main shareholder. The company is involved in generating, transmitting, and distributing electric energy. The company, along with its subsidiaries, operates a variety of power plants, including natural gas, coal, hydroelectric, wind, and solar plants. PPC majorly generates electricity from its thermal energy facilities. The company is divided into segments including Production/Supply, which includes production from lignite, oil, natural gas, and renewable energy sources, as well as lignite mining in support of production and supply activities in Greece and Romania. Other segments include the Distribution network and others.
74GF Score
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