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. CIAneamento Do Parana-SANEPAR's annualized net income for the quarter that ended in Mar. 2026 was R$1,411 Mil. CIAneamento Do Parana-SANEPAR's average shareholder tangible equity for the quarter that ended in Mar. 2026 was R$-156 Mil. Therefore, CIAneamento Do Parana-SANEPAR's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was Negative Tangible Equity%.
The historical rank and industry rank for CIAneamento Do Parana-SANEPAR's Return-on-Tangible-Equity or its related term are showing as below:
BSP:SAPR4'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0 Med: 0 Max: 0
Current: Negative Tangible Equity
BSP:SAPR4's Return-on-Tangible-Equity is ranked better than 99.8% of 498
companies
in the Utilities - Regulated industry
Industry Median: 10.91
vs BSP:SAPR4: Negative Tangible Equity
CIAneamento Do Parana-SANEPAR (BSP:SAPR4) 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.
CIAneamento Do Parana-SANEPAR Return-on-Tangible-Equity Related Terms
CIAneamento Do Parana-SANEPAR 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.
CIAneamento Do Parana-SANEPAR Return-on-Tangible-Equity Chart
BSP:SAPR4 vs AWK, WTRG, AWR: Return-on-Tangible-Equity Comparison
For the Utilities - Regulated Water subindustry, CIAneamento Do Parana-SANEPAR'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.
CIAneamento Do Parana-SANEPAR Return-on-Tangible-Equity vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, CIAneamento Do Parana-SANEPAR's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where CIAneamento Do Parana-SANEPAR'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 Negative Tangible Equity% mean?
CIAneamento Do Parana-SANEPAR (BSP:SAPR4) has a Return-on-Tangible-Equity of Negative Tangible Equity% 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 CIAneamento Do Parana-SANEPAR and its competitors. According to the industry distribution chart, CIAneamento Do Parana-SANEPAR ranks #1 out of 498 companies in the Utilities - Regulated industry, placing it in the top 0.2%.
Is CIAneamento Do Parana-SANEPAR's Return-on-Tangible-Equity too high?
CIAneamento Do Parana-SANEPAR's current Return-on-Tangible-Equity is Negative Tangible Equity%. Based on the distribution chart, CIAneamento Do Parana-SANEPAR ranks #1 out of 498 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, CIAneamento Do Parana-SANEPAR has a GF Score™ of 91/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does CIAneamento Do Parana-SANEPAR's Return-on-Tangible-Equity compare to AWK and WTRG?
According to the Utilities - Regulated industry distribution chart, CIAneamento Do Parana-SANEPAR ranks #1 out of 498 companies for Return-on-Tangible-Equity. This places CIAneamento Do Parana-SANEPAR in the top 0% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 10.91. 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. 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 CIAneamento Do Parana-SANEPAR 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. CIAneamento Do Parana-SANEPAR's current Return-on-Tangible-Equity is Negative Tangible Equity%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CIAneamento Do Parana-SANEPAR stock overvalued right now?
Based on GuruFocus' analysis, CIAneamento Do Parana-SANEPAR (BSP:SAPR4) is currently considered Possible Value Trap. The stock's GF Value™ is R$11.37, compared to a current price of R$7.19 — trading 36.8% below its estimated fair value. The current Return-on-Tangible-Equity is Negative Tangible Equity%. CIAneamento Do Parana-SANEPAR's overall GF Score™ is 91/100 with 5 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 CIAneamento Do Parana-SANEPAR (BSP:SAPR4), the current Return-on-Tangible-Equity is Negative Tangible Equity% 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 CIAneamento Do Parana-SANEPAR (BSP:SAPR4) Overvalued in 2026?
Based on GuruFocus' analysis, CIAneamento Do Parana-SANEPAR stock appears to be undervalued.
The current stock price of R$7.19 is trading 36.8% below its estimated GF Value™ of R$11.37.
GuruFocus considers CIAneamento Do Parana-SANEPAR to be Possible Value Trap.
No single metric tells the full story. See the BSP:SAPR4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CIAneamento Do Parana-SANEPAR Business Description
CIA Saneamento Do Parana-SANEPAR provides treated water supply sewage collection & treatment, and Solid waste management services. The company provides sanitation services to cities, smaller areas, and municipalities. The firm operates in two business segments: Water treatment & distribution and Sanitary Sewage collection & treatment. It has a network for the withdrawal & distribution of drinking water, sewage collection, and the discharge of treated sewage. The firm operates landfills in Apucarana, Cornello, Procopio, and Cianorte for solid waste management. The majority of revenue get derived from the Water distribution and treatment segment.
91GF Score
Get the complete analysis for BSP:SAPR4
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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