Alupar InvestimentoBSP:ALUP3 -0.09%65 Return-on-Tangible-Equity is 9.04% as of Mar. 2026, which is 37% below its 10-year median of 14.35. GuruFocus rates BSP:ALUP3 with a GF Score™ of 65/100 and a GF Value™ of R$10.69 (Fairly Valued). The stock has 3 warning signs investors should review. Among 426 Utilities - Independent Power Producers companies, Alupar Investimento ranks better than 74.65% 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. Alupar Investimento's annualized net income for the quarter that ended in Mar. 2026 was R$792 Mil. Alupar Investimento's average shareholder tangible equity for the quarter that ended in Mar. 2026 was R$8,767 Mil. Therefore, Alupar Investimento's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 9.04%.
The historical rank and industry rank for Alupar Investimento's Return-on-Tangible-Equity or its related term are showing as below:
BSP:ALUP3'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 9.77 Med: 14.35 Max: 19.79
Current: 13.1
During the past 13 years, Alupar Investimento's highest Return-on-Tangible-Equity was 19.79%. The lowest was 9.77%. And the median was 14.35%.
BSP:ALUP3's Return-on-Tangible-Equity is ranked better than 74.65% of 426
companies
in the Utilities - Independent Power Producers industry
Industry Median: 4.695
vs BSP:ALUP3: 13.10
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.
Alupar Investimento Return-on-Tangible-Equity Related Terms
Alupar Investimento Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Alupar Investimento'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.
For the Utilities - Renewable subindustry, Alupar Investimento'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.
Alupar Investimento Return-on-Tangible-Equity vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Alupar Investimento's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Alupar Investimento'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 9.04% mean?
Alupar Investimento (BSP:ALUP3) has a Return-on-Tangible-Equity of 9.04% 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 Alupar Investimento and its competitors. This is 37% below median its historical median of 14.35. Over the past decade, Alupar Investimento's Return-on-Tangible-Equity has ranged from 9.77 to 19.79. According to the industry distribution chart, Alupar Investimento ranks #108 out of 426 companies in the Utilities - Independent Power Producers industry, placing it in the top 25.4%.
Is Alupar Investimento's Return-on-Tangible-Equity too high?
Alupar Investimento's current Return-on-Tangible-Equity of 9.04% is 37% below median its 10-year median of 14.35. Over the past 10 years, this metric has ranged from a low of 9.77 to a high of 19.79. The Utilities - Independent Power Producers industry median Return-on-Tangible-Equity is 4.70. Alupar Investimento's value of 9.04% is 92.5% above this industry median. Based on the distribution chart, Alupar Investimento ranks #108 out of 426 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Alupar Investimento has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Alupar Investimento's Return-on-Tangible-Equity compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Alupar Investimento ranks #108 out of 426 companies for Return-on-Tangible-Equity. This puts Alupar Investimento in the upper half of its industry. The industry median Return-on-Tangible-Equity is 4.70. Alupar Investimento's value of 9.04% is 92.5% above this benchmark. Historically, Alupar Investimento's own Return-on-Tangible-Equity has ranged from 9.77 to 19.79 over the past decade. While the company's 10-year median is 14.35 vs. the industry median of 4.70, Alupar Investimento 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 4.70, 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. Alupar Investimento's current Return-on-Tangible-Equity of 9.04% is 92.5% 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 Alupar Investimento and its competitors. For the Utilities - Independent Power Producers industry, the median Return-on-Tangible-Equity is 4.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alupar Investimento's current Return-on-Tangible-Equity is 9.04%, which is 37% below median its own 10-year median of 14.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alupar Investimento stock overvalued right now?
Based on GuruFocus' analysis, Alupar Investimento (BSP:ALUP3) is currently considered Fairly Valued. The stock's GF Value™ is R$10.69, compared to a current price of R$11.58 — trading 8.3% above its estimated fair value. The current Return-on-Tangible-Equity is 9.04%, which is 37% below median its 10-year median of 14.35 and 92.5% above the Utilities - Independent Power Producers industry median of 4.70. Alupar Investimento's overall GF Score™ is 65/100 with 3 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 Alupar Investimento (BSP:ALUP3), the current Return-on-Tangible-Equity is 9.04% 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 Alupar Investimento (BSP:ALUP3) Overvalued in 2026?
Based on GuruFocus' analysis, Alupar Investimento stock appears to be overvalued.
The current stock price of R$11.58 is trading 8.3% above its estimated GF Value™ of R$10.69.
GuruFocus considers Alupar Investimento to be Fairly Valued.
Key valuation signals for BSP:ALUP3:
Return-on-Tangible-Equity: 9.04% (37% below median its 10-year median of 14.35)
GF Value™: R$10.69 vs. price of R$11.58 (8.3% above fair value)
Industry Position: 92.5% above the Utilities - Independent Power Producers median (#108 of 426)
No single metric tells the full story. See the BSP:ALUP3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Alupar Investimento SA is an investment in other entities operating in the energy and infrastructure industries, in Brazil and abroad. It has two segments Transmission segment and the Generation segment. Its sources of revenue include energy transmission revenue, infrastructure revenue, revenue from the remuneration of concession assets, and revenue from energy supply. The majority of revenue comes from the remuneration of concession assets. It generates the vast majority of its revenue in Brazil.
65GF Score
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