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. ALTEO Energy Services's annualized net income for the quarter that ended in Dec. 2025 was Ft-536 Mil. ALTEO Energy Services's average shareholder tangible equity for the quarter that ended in Dec. 2025 was Ft24,506 Mil. Therefore, ALTEO Energy Services's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was -2.19%.
The historical rank and industry rank for ALTEO Energy Services's Return-on-Tangible-Equity or its related term are showing as below:
BUD:ALTEO'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 9.4 Med: 24.77 Max: 67.91
Current: 9.4
During the past 13 years, ALTEO Energy Services's highest Return-on-Tangible-Equity was 67.91%. The lowest was 9.40%. And the median was 24.77%.
BUD:ALTEO's Return-on-Tangible-Equity is ranked better than 63.62% of 426
companies
in the Utilities - Independent Power Producers industry
Industry Median: 4.695
vs BUD:ALTEO: 9.40
ALTEO Energy Services (BUD:ALTEO) 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.
ALTEO Energy Services Return-on-Tangible-Equity Related Terms
ALTEO Energy Services Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for ALTEO Energy Services'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.
ALTEO Energy Services Return-on-Tangible-Equity Chart
ALTEO Energy Services Return-on-Tangible-Equity Competitor Comparison
For the Utilities - Renewable subindustry, ALTEO Energy Services'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.
ALTEO Energy Services Return-on-Tangible-Equity vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, ALTEO Energy Services's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where ALTEO Energy Services'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 two times the semi-annual (Dec. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of -2.19% mean?
ALTEO Energy Services (BUD:ALTEO) has a Return-on-Tangible-Equity of -2.19% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on ALTEO Energy Services and its competitors. Over the past decade, ALTEO Energy Services' Return-on-Tangible-Equity has ranged from 9.40 to 67.91. According to the industry distribution chart, ALTEO Energy Services ranks #155 out of 426 companies in the Utilities - Independent Power Producers industry, placing it in the top 36.4%.
Is ALTEO Energy Services' Return-on-Tangible-Equity too high?
ALTEO Energy Services' current Return-on-Tangible-Equity is -2.19%. Over the past 10 years, this metric has ranged from a low of 9.40 to a high of 67.91. Based on the distribution chart, ALTEO Energy Services ranks #155 out of 426 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, ALTEO Energy Services has a GF Score™ of 76/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does ALTEO Energy Services' Return-on-Tangible-Equity compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, ALTEO Energy Services ranks #155 out of 426 companies for Return-on-Tangible-Equity. This puts ALTEO Energy Services in the upper half of its industry. The industry median Return-on-Tangible-Equity is 4.70. Historically, ALTEO Energy Services' own Return-on-Tangible-Equity has ranged from 9.40 to 67.91 over the past decade. 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. 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 ALTEO Energy Services 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. ALTEO Energy Services's current Return-on-Tangible-Equity is -2.19%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ALTEO Energy Services stock overvalued right now?
Based on GuruFocus' analysis, ALTEO Energy Services (BUD:ALTEO) is currently considered Possible Value Trap. The stock's GF Value™ is Ft5,220.75, compared to a current price of Ft3,450.00 — trading 33.9% below its estimated fair value. The current Return-on-Tangible-Equity is -2.19%. ALTEO Energy Services' overall GF Score™ is 76/100 with 7 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 ALTEO Energy Services (BUD:ALTEO), the current Return-on-Tangible-Equity is -2.19% as of Dec. 2025. 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 ALTEO Energy Services (BUD:ALTEO) Overvalued in 2026?
Based on GuruFocus' analysis, ALTEO Energy Services stock appears to be undervalued.
The current stock price of Ft3,450.00 is trading 33.9% below its estimated GF Value™ of Ft5,220.75.
GuruFocus considers ALTEO Energy Services to be Possible Value Trap.
Key valuation signals for BUD:ALTEO:
Return-on-Tangible-Equity: -2.19%
GF Value™: Ft5,220.75 vs. price of Ft3,450.00 (33.9% below fair value)
No single metric tells the full story. See the BUD:ALTEO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ALTEO Energy Services PLC operates in the utility industry in Hungary. Its segments includes, Retail energy trade, Renewables-based energy production, Heat and electricity production and management, Circular economy, Energy services, and Other. It derives maximum revenue from Heat and electricity production and management segment. The Heat and electricity production and management segment includes Heat and Non-renewable Electricity Production, Ancillary Services, Renewable Production Management. Geographically, all the operations of the company are conducted in Hungary.
76GF Score
Get the complete analysis for BUD:ALTEO
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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