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Afluente Transmissao de Energia EletricaBSP:AFLT3 69 Return-on-Tangible-Equity is 20.51% as of Mar. 2026, which is 45% above its 10-year median of 14.14. GuruFocus rates BSP:AFLT3 with a GF Score™ of 69/100 and a GF Value™ of R$6.80 (Fairly Valued). The stock has 4 warning signs investors should review. Among 498 Utilities - Regulated companies, Afluente Transmissao de Energia Eletrica ranks better than 58.63% on this metric.
BSP:AFLT3'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 9.33 Med: 14.14 Max: 46.01
Current: 13.09
During the past 13 years, Afluente Transmissao de Energia Eletrica's highest Return-on-Tangible-Equity was 46.01%. The lowest was 9.33%. And the median was 14.14%.
BSP:AFLT3's Return-on-Tangible-Equity is ranked better than 58.63% of 498
companies
in the Utilities - Regulated industry
Industry Median: 10.91
vs BSP:AFLT3: 13.09
Afluente Transmissao de Energia Eletrica (BSP:AFLT3) 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.
Afluente Transmissao de Energia Eletrica Return-on-Tangible-Equity Related Terms
Afluente Transmissao de Energia Eletrica Return-on-Tangible-Equity 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.
Afluente Transmissao de Energia Eletrica Return-on-Tangible-Equity Chart
Afluente Transmissao de Energia Eletrica Annual Data
BSP:AFLT3 vs NEE, SO, DUK: Return-on-Tangible-Equity Comparison
For the Utilities - Regulated Electric subindustry, Afluente Transmissao de Energia Eletrica'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.
Afluente Transmissao de Energia Eletrica Return-on-Tangible-Equity vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Afluente Transmissao de Energia Eletrica's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Afluente Transmissao de Energia Eletrica'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 four times the quarterly (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 20.51% mean?
Afluente Transmissao de Energia Eletrica (BSP:AFLT3) has a Return-on-Tangible-Equity of 20.51% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Afluente Transmissao de Energia Eletrica and its competitors. This is 45% above median its historical median of 14.14. Over the past decade, Afluente Transmissao de Energia Eletrica's Return-on-Tangible-Equity has ranged from 9.33 to 46.01. According to the industry distribution chart, Afluente Transmissao de Energia Eletrica ranks #206 out of 498 companies in the Utilities - Regulated industry, placing it in the top 41.4%.
Is Afluente Transmissao de Energia Eletrica's Return-on-Tangible-Equity too high?
Afluente Transmissao de Energia Eletrica's current Return-on-Tangible-Equity of 20.51% is 45% above median its 10-year median of 14.14. Over the past 10 years, this metric has ranged from a low of 9.33 to a high of 46.01. The Utilities - Regulated industry median Return-on-Tangible-Equity is 10.91. Afluente Transmissao de Energia Eletrica's value of 20.51% is 88% above this industry median. Based on the distribution chart, Afluente Transmissao de Energia Eletrica ranks #206 out of 498 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Afluente Transmissao de Energia Eletrica has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Afluente Transmissao de Energia Eletrica's Return-on-Tangible-Equity compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Afluente Transmissao de Energia Eletrica ranks #206 out of 498 companies for Return-on-Tangible-Equity. This puts Afluente Transmissao de Energia Eletrica in the upper half of its industry. The industry median Return-on-Tangible-Equity is 10.91. Afluente Transmissao de Energia Eletrica's value of 20.51% is 88% above this benchmark. Historically, Afluente Transmissao de Energia Eletrica's own Return-on-Tangible-Equity has ranged from 9.33 to 46.01 over the past decade. While the company's 10-year median is 14.14 vs. the industry median of 10.91, Afluente Transmissao de Energia Eletrica 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 - 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. Afluente Transmissao de Energia Eletrica's current Return-on-Tangible-Equity of 20.51% is 88% 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 Afluente Transmissao de Energia Eletrica 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. Afluente Transmissao de Energia Eletrica's current Return-on-Tangible-Equity is 20.51%, which is 45% above median its own 10-year median of 14.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Afluente Transmissao de Energia Eletrica stock overvalued right now?
Based on GuruFocus' analysis, Afluente Transmissao de Energia Eletrica (BSP:AFLT3) is currently considered Fairly Valued. The stock's GF Value™ is R$6.80, compared to a current price of R$7.32 — trading 7.6% above its estimated fair value. The current Return-on-Tangible-Equity is 20.51%, which is 45% above median its 10-year median of 14.14 and 88% above the Utilities - Regulated industry median of 10.91. Afluente Transmissao de Energia Eletrica's overall GF Score™ is 69/100 with 4 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 Afluente Transmissao de Energia Eletrica (BSP:AFLT3), the current Return-on-Tangible-Equity is 20.51% as of Mar. 2026. 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 Afluente Transmissao de Energia Eletrica (BSP:AFLT3) Overvalued in 2026?
Based on GuruFocus' analysis, Afluente Transmissao de Energia Eletrica stock appears to be overvalued.
The current stock price of R$7.32 is trading 7.6% above its estimated GF Value™ of R$6.80.
GuruFocus considers Afluente Transmissao de Energia Eletrica to be Fairly Valued.
Key valuation signals for BSP:AFLT3:
Return-on-Tangible-Equity: 20.51% (45% above median its 10-year median of 14.14)
GF Value™: R$6.80 vs. price of R$7.32 (7.6% above fair value)
Industry Position: 88% above the Utilities - Regulated median (#206 of 498)
No single metric tells the full story. See the BSP:AFLT3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Afluente Transmissao de Energia Eletrica Business Description
Afluente Transmissao de Energia Eletrica SA operates in the electric power transmission industry. It is active in the study, planning, design, construction, operation, maintenance, and exploration of systems of electric power transmission. The firm operates transmission lines and sub-stations in Bahia, Brazil.
69GF Score
Get the complete analysis for BSP:AFLT3
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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