BSP:TAEE4'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 15.09 Med: 22.93 Max: 41.72
Current: 21.07
During the past 13 years, Transmissora Alianca de Energia Eletrica's highest Return-on-Tangible-Equity was 41.72%. The lowest was 15.09%. And the median was 22.93%.
BSP:TAEE4's Return-on-Tangible-Equity is ranked better than 75.86% of 497
companies
in the Utilities - Regulated industry
Industry Median: 10.9
vs BSP:TAEE4: 21.07
Transmissora Alianca de Energia Eletrica (BSP:TAEE4) 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.
Transmissora Alianca de Energia Eletrica Return-on-Tangible-Equity Related Terms
Transmissora Alianca 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.
Transmissora Alianca de Energia Eletrica Return-on-Tangible-Equity Chart
Transmissora Alianca de Energia Eletrica Annual Data
BSP:TAEE4 vs NEE, SO, DUK: Return-on-Tangible-Equity Comparison
For the Utilities - Regulated Electric subindustry, Transmissora Alianca 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.
Transmissora Alianca de Energia Eletrica Return-on-Tangible-Equity vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Transmissora Alianca de Energia Eletrica's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Transmissora Alianca 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 18.58% mean?
Transmissora Alianca de Energia Eletrica (BSP:TAEE4) has a Return-on-Tangible-Equity of 18.58% 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 Transmissora Alianca de Energia Eletrica and its competitors. This is 19% below median its historical median of 22.93. Over the past decade, Transmissora Alianca de Energia Eletrica's Return-on-Tangible-Equity has ranged from 15.09 to 41.72. According to the industry distribution chart, Transmissora Alianca de Energia Eletrica ranks #120 out of 497 companies in the Utilities - Regulated industry, placing it in the top 24.1%.
Is Transmissora Alianca de Energia Eletrica's Return-on-Tangible-Equity too high?
Transmissora Alianca de Energia Eletrica's current Return-on-Tangible-Equity of 18.58% is 19% below median its 10-year median of 22.93. Over the past 10 years, this metric has ranged from a low of 15.09 to a high of 41.72. The Utilities - Regulated industry median Return-on-Tangible-Equity is 10.90. Transmissora Alianca de Energia Eletrica's value of 18.58% is 70.5% above this industry median. Based on the distribution chart, Transmissora Alianca de Energia Eletrica ranks #120 out of 497 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Transmissora Alianca de Energia Eletrica has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Transmissora Alianca de Energia Eletrica's Return-on-Tangible-Equity compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Transmissora Alianca de Energia Eletrica ranks #120 out of 497 companies for Return-on-Tangible-Equity. This places Transmissora Alianca de Energia Eletrica in the top 24% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 10.90. Transmissora Alianca de Energia Eletrica's value of 18.58% is 70.5% above this benchmark. Historically, Transmissora Alianca de Energia Eletrica's own Return-on-Tangible-Equity has ranged from 15.09 to 41.72 over the past decade. While the company's 10-year median is 22.93 vs. the industry median of 10.90, Transmissora Alianca 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 10.90, 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. Transmissora Alianca de Energia Eletrica's current Return-on-Tangible-Equity of 18.58% is 70.5% 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 Transmissora Alianca de Energia Eletrica and its competitors. For the Utilities - Regulated industry, the median Return-on-Tangible-Equity is 10.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Transmissora Alianca de Energia Eletrica's current Return-on-Tangible-Equity is 18.58%, which is 19% below median its own 10-year median of 22.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Transmissora Alianca de Energia Eletrica stock overvalued right now?
Based on GuruFocus' analysis, Transmissora Alianca de Energia Eletrica (BSP:TAEE4) is currently considered Modestly Overvalued. The stock's GF Value™ is R$12.50, compared to a current price of R$13.96 — trading 11.7% above its estimated fair value. The current Return-on-Tangible-Equity is 18.58%, which is 19% below median its 10-year median of 22.93 and 70.5% above the Utilities - Regulated industry median of 10.90. Transmissora Alianca de Energia Eletrica's overall GF Score™ is 69/100 with 8 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 Transmissora Alianca de Energia Eletrica (BSP:TAEE4), the current Return-on-Tangible-Equity is 18.58% 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 Transmissora Alianca de Energia Eletrica (BSP:TAEE4) Overvalued in 2026?
Based on GuruFocus' analysis, Transmissora Alianca de Energia Eletrica stock appears to be overvalued.
The current stock price of R$13.96 is trading 11.7% above its estimated GF Value™ of R$12.50.
GuruFocus considers Transmissora Alianca de Energia Eletrica to be Modestly Overvalued.
Key valuation signals for BSP:TAEE4:
Return-on-Tangible-Equity: 18.58% (19% below median its 10-year median of 22.93)
GF Value™: R$12.50 vs. price of R$13.96 (11.7% above fair value)
Industry Position: 70.5% above the Utilities - Regulated median (#120 of 497)
No single metric tells the full story. See the BSP:TAEE4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Transmissora Alianca de Energia Eletrica Business Description
Transmissora Alianca de Energia Eletrica SA, is an electric utility company that acts as one of the electric transmission concessionaires in Brazil. The company implements, operates, and maintains electric power transmission services and facilities both for Brazil's National Interconnected System and for the electricity transmission sectors of other countries as well. The company generates the majority of its revenue in the form of compensation for its investments in the construction of transmission lines and for the operation and maintenance service that it provides all over Brazil.
69GF Score
Get the complete analysis for BSP:TAEE4
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BSP:TAEE4 has been successfully added to your 
