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BSP:EQMA3B's Return-on-Tangible-Equity is ranked better than 83.5% of 497
companies
in the Utilities - Regulated industry
Industry Median: 10.92
vs BSP:EQMA3B: 32.57
Equatorial MaranhaoDistribuidora de Energia (BSP:EQMA3B) 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.
Equatorial MaranhaoDistribuidora de Energia Return-on-Tangible-Equity Related Terms
Equatorial MaranhaoDistribuidora de Energia 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.
Equatorial MaranhaoDistribuidora de Energia Return-on-Tangible-Equity Chart
Equatorial MaranhaoDistribuidora de Energia Annual Data
BSP:EQMA3B vs NEE, SO, DUK: Return-on-Tangible-Equity Comparison
For the Utilities - Regulated Electric subindustry, Equatorial MaranhaoDistribuidora de 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.
Equatorial MaranhaoDistribuidora de Energia Return-on-Tangible-Equity vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Equatorial MaranhaoDistribuidora de Energia's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Equatorial MaranhaoDistribuidora de 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 37.41% mean?
Equatorial MaranhaoDistribuidora de Energia (BSP:EQMA3B) has a Return-on-Tangible-Equity of 37.41% 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 Equatorial MaranhaoDistribuidora de Energia and its competitors. This is 28% below median its historical median of 51.85. Over the past decade, Equatorial MaranhaoDistribuidora de Energia's Return-on-Tangible-Equity has ranged from 28.92 to 212.93. According to the industry distribution chart, Equatorial MaranhaoDistribuidora de Energia ranks #82 out of 497 companies in the Utilities - Regulated industry, placing it in the top 16.5%.
Is Equatorial MaranhaoDistribuidora de Energia's Return-on-Tangible-Equity too high?
Equatorial MaranhaoDistribuidora de Energia's current Return-on-Tangible-Equity of 37.41% is 28% below median its 10-year median of 51.85. Over the past 10 years, this metric has ranged from a low of 28.92 to a high of 212.93. The Utilities - Regulated industry median Return-on-Tangible-Equity is 10.92. Equatorial MaranhaoDistribuidora de Energia's value of 37.41% is 242.6% above this industry median. Based on the distribution chart, Equatorial MaranhaoDistribuidora de Energia ranks #82 out of 497 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Equatorial MaranhaoDistribuidora de Energia has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Equatorial MaranhaoDistribuidora de Energia's Return-on-Tangible-Equity compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Equatorial MaranhaoDistribuidora de Energia ranks #82 out of 497 companies for Return-on-Tangible-Equity. This places Equatorial MaranhaoDistribuidora de Energia in the top 17% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 10.92. Equatorial MaranhaoDistribuidora de Energia's value of 37.41% is 242.6% above this benchmark. Historically, Equatorial MaranhaoDistribuidora de Energia's own Return-on-Tangible-Equity has ranged from 28.92 to 212.93 over the past decade. While the company's 10-year median is 51.85 vs. the industry median of 10.92, Equatorial MaranhaoDistribuidora de 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 - Regulated company?
The median Return-on-Tangible-Equity among Utilities - Regulated companies is 10.92, based on 497 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. Equatorial MaranhaoDistribuidora de Energia's current Return-on-Tangible-Equity of 37.41% is 242.6% 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 Equatorial MaranhaoDistribuidora de Energia and its competitors. For the Utilities - Regulated industry, the median Return-on-Tangible-Equity is 10.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Equatorial MaranhaoDistribuidora de Energia's current Return-on-Tangible-Equity is 37.41%, which is 28% below median its own 10-year median of 51.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Equatorial MaranhaoDistribuidora de Energia stock overvalued right now?
Based on GuruFocus' analysis, Equatorial MaranhaoDistribuidora de Energia (BSP:EQMA3B) is currently considered Modestly Undervalued. The stock's GF Value™ is R$34.15, compared to a current price of R$29.75 — trading 12.9% below its estimated fair value. The current Return-on-Tangible-Equity is 37.41%, which is 28% below median its 10-year median of 51.85 and 242.6% above the Utilities - Regulated industry median of 10.92. Equatorial MaranhaoDistribuidora de Energia's overall GF Score™ is 81/100 with 6 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 Equatorial MaranhaoDistribuidora de Energia (BSP:EQMA3B), the current Return-on-Tangible-Equity is 37.41% 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 Equatorial MaranhaoDistribuidora de Energia (BSP:EQMA3B) Overvalued in 2026?
Based on GuruFocus' analysis, Equatorial MaranhaoDistribuidora de Energia stock appears to be undervalued.
The current stock price of R$29.75 is trading 12.9% below its estimated GF Value™ of R$34.15.
GuruFocus considers Equatorial MaranhaoDistribuidora de Energia to be Modestly Undervalued.
Key valuation signals for BSP:EQMA3B:
Return-on-Tangible-Equity: 37.41% (28% below median its 10-year median of 51.85)
GF Value™: R$34.15 vs. price of R$29.75 (12.9% below fair value)
Industry Position: 242.6% above the Utilities - Regulated median (#82 of 497)
No single metric tells the full story. See the BSP:EQMA3B stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Equatorial MaranhaoDistribuidora de Energia Business Description
Equatorial MaranhaoDistribuidora de Energia SA develops, produces and generates electric power. The company distributes electric energy for residential, commercial, rural and industrial consumption, corporate, real estate, and public power customers in Brazil.
81GF Score
Get the complete analysis for BSP:EQMA3B
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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