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ENGIE Brasil EnergiaBSP:EGIE3 -0.13%68 Return-on-Tangible-Equity is 38.79% as of Mar. 2026, which is 11% below its 10-year median of 43.58. GuruFocus rates BSP:EGIE3 with a GF Score™ of 68/100 and a GF Value™ of R$33.26 (Fairly Valued). The stock has 3 warning signs investors should review. Among 429 Utilities - Independent Power Producers companies, ENGIE Brasil Energia ranks better than 91.14% 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. ENGIE Brasil Energia's annualized net income for the quarter that ended in Mar. 2026 was R$3,006 Mil. ENGIE Brasil Energia's average shareholder tangible equity for the quarter that ended in Mar. 2026 was R$7,750 Mil. Therefore, ENGIE Brasil Energia's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 38.79%.
The historical rank and industry rank for ENGIE Brasil Energia's Return-on-Tangible-Equity or its related term are showing as below:
BSP:EGIE3'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 24.26 Med: 43.58 Max: 80.13
Current: 35.07
During the past 13 years, ENGIE Brasil Energia's highest Return-on-Tangible-Equity was 80.13%. The lowest was 24.26%. And the median was 43.58%.
BSP:EGIE3's Return-on-Tangible-Equity is ranked better than 91.14% of 429
companies
in the Utilities - Independent Power Producers industry
Industry Median: 4.68
vs BSP:EGIE3: 35.07
ENGIE Brasil Energia (BSP:EGIE3) 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.
ENGIE Brasil Energia Return-on-Tangible-Equity Related Terms
ENGIE Brasil Energia Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for ENGIE Brasil Energia'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.
ENGIE Brasil Energia Return-on-Tangible-Equity Chart
ENGIE Brasil Energia Return-on-Tangible-Equity Competitor Comparison
For the Utilities - Renewable subindustry, ENGIE Brasil Energia'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.
ENGIE Brasil Energia Return-on-Tangible-Equity vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, ENGIE Brasil Energia's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where ENGIE Brasil Energia'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 38.79% mean?
ENGIE Brasil Energia (BSP:EGIE3) has a Return-on-Tangible-Equity of 38.79% 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 ENGIE Brasil Energia and its competitors. This is 11% below median its historical median of 43.58. Over the past decade, ENGIE Brasil Energia's Return-on-Tangible-Equity has ranged from 24.26 to 80.13. According to the industry distribution chart, ENGIE Brasil Energia ranks #38 out of 429 companies in the Utilities - Independent Power Producers industry, placing it in the top 8.9%.
Is ENGIE Brasil Energia's Return-on-Tangible-Equity too high?
ENGIE Brasil Energia's current Return-on-Tangible-Equity of 38.79% is 11% below median its 10-year median of 43.58. Over the past 10 years, this metric has ranged from a low of 24.26 to a high of 80.13. The Utilities - Independent Power Producers industry median Return-on-Tangible-Equity is 4.68. ENGIE Brasil Energia's value of 38.79% is 728.8% above this industry median. Based on the distribution chart, ENGIE Brasil Energia ranks #38 out of 429 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, ENGIE Brasil Energia has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does ENGIE Brasil Energia's Return-on-Tangible-Equity compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, ENGIE Brasil Energia ranks #38 out of 429 companies for Return-on-Tangible-Equity. This places ENGIE Brasil Energia in the top 9% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 4.68. ENGIE Brasil Energia's value of 38.79% is 728.8% above this benchmark. Historically, ENGIE Brasil Energia's own Return-on-Tangible-Equity has ranged from 24.26 to 80.13 over the past decade. While the company's 10-year median is 43.58 vs. the industry median of 4.68, ENGIE Brasil Energia 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 4.68, based on 429 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. ENGIE Brasil Energia's current Return-on-Tangible-Equity of 38.79% is 728.8% 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 ENGIE Brasil Energia and its competitors. For the Utilities - Independent Power Producers industry, the median Return-on-Tangible-Equity is 4.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ENGIE Brasil Energia's current Return-on-Tangible-Equity is 38.79%, which is 11% below median its own 10-year median of 43.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ENGIE Brasil Energia stock overvalued right now?
Based on GuruFocus' analysis, ENGIE Brasil Energia (BSP:EGIE3) is currently considered Fairly Valued. The stock's GF Value™ is R$33.26, compared to a current price of R$30.30 — trading 8.9% below its estimated fair value. The current Return-on-Tangible-Equity is 38.79%, which is 11% below median its 10-year median of 43.58 and 728.8% above the Utilities - Independent Power Producers industry median of 4.68. ENGIE Brasil Energia's overall GF Score™ is 68/100 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 ENGIE Brasil Energia (BSP:EGIE3), the current Return-on-Tangible-Equity is 38.79% 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 ENGIE Brasil Energia (BSP:EGIE3) Overvalued in 2026?
Based on GuruFocus' analysis, ENGIE Brasil Energia stock appears to be undervalued.
The current stock price of R$30.30 is trading 8.9% below its estimated GF Value™ of R$33.26.
GuruFocus considers ENGIE Brasil Energia to be Fairly Valued.
Key valuation signals for BSP:EGIE3:
Return-on-Tangible-Equity: 38.79% (11% below median its 10-year median of 43.58)
GF Value™: R$33.26 vs. price of R$30.30 (8.9% below fair value)
Industry Position: 728.8% above the Utilities - Independent Power Producers median (#38 of 429)
No single metric tells the full story. See the BSP:EGIE3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ENGIE Brasil Energia SA develops, operates, and commercializes electric energy power plants in Brazil. The company operates in four segments: Generation and sale: this is the Company's main business, and it includes the generation and sale of the electricity in the portfolio; Transmission: the Company is responsible for the construction and installation of the infrastructure related to the transmission concession of the Gralha Azul, Novo Estado, Gaviao Real, Asa Branca and Grauna Transmission Systems, being exposed to the risks and benefits of this construction; Trading: this segment aims to obtain results through the variation in energy prices, within previously established risk limits; Gas transportation: operates in the gas markets through its joint-venture TAG.
68GF Score
Get the complete analysis for BSP:EGIE3
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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