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Centrais Eletricas BrasileirasBUE:ELET6 70 Return-on-Tangible-Equity is 24.26% as of Mar. 2026, which is 107% above its 10-year median of 11.70. GuruFocus rates BUE:ELET6 with a GF Score™ of 70/100. The stock has 4 warning signs investors should review. Among 429 Utilities - Independent Power Producers companies, Centrais Eletricas Brasileiras ranks better than 86.71% 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. Centrais Eletricas Brasileiras's annualized net income for the quarter that ended in Mar. 2026 was ARS2,812,389.20 Mil. Centrais Eletricas Brasileiras's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ARS11,593,062.07 Mil. Therefore, Centrais Eletricas Brasileiras's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 24.26%.
The historical rank and industry rank for Centrais Eletricas Brasileiras's Return-on-Tangible-Equity or its related term are showing as below:
BUE:ELET6'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -4.15 Med: 11.7 Max: 30.1
Current: 23.31
During the past 13 years, Centrais Eletricas Brasileiras's highest Return-on-Tangible-Equity was 30.10%. The lowest was -4.15%. And the median was 11.70%.
BUE:ELET6's Return-on-Tangible-Equity is ranked better than 86.71% of 429
companies
in the Utilities - Independent Power Producers industry
Industry Median: 4.68
vs BUE:ELET6: 23.31
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.
Centrais Eletricas Brasileiras Return-on-Tangible-Equity Related Terms
Centrais Eletricas Brasileiras 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.
For the Utilities - Renewable subindustry, Centrais Eletricas Brasileiras'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.
Centrais Eletricas Brasileiras Return-on-Tangible-Equity vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Centrais Eletricas Brasileiras's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Centrais Eletricas Brasileiras'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 24.26% mean?
Centrais Eletricas Brasileiras (BUE:ELET6) has a Return-on-Tangible-Equity of 24.26% 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 Centrais Eletricas Brasileiras and its competitors. This is 107% above median its historical median of 11.70. According to the industry distribution chart, Centrais Eletricas Brasileiras ranks #57 out of 429 companies in the Utilities - Independent Power Producers industry, placing it in the top 13.3%.
Is Centrais Eletricas Brasileiras' Return-on-Tangible-Equity too high?
Centrais Eletricas Brasileiras' current Return-on-Tangible-Equity of 24.26% is 107% above median its 10-year median of 11.70. The Utilities - Independent Power Producers industry median Return-on-Tangible-Equity is 4.68. Centrais Eletricas Brasileiras' value of 24.26% is 418.4% above this industry median. Based on the distribution chart, Centrais Eletricas Brasileiras ranks #57 out of 429 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Centrais Eletricas Brasileiras has a GF Score™ of 70/100, reflecting its overall financial health beyond just this single metric.
How does Centrais Eletricas Brasileiras' Return-on-Tangible-Equity compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Centrais Eletricas Brasileiras ranks #57 out of 429 companies for Return-on-Tangible-Equity. This places Centrais Eletricas Brasileiras in the top 13% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 4.68. Centrais Eletricas Brasileiras' value of 24.26% is 418.4% above this benchmark. While the company's 10-year median is 11.70 vs. the industry median of 4.68, Centrais Eletricas Brasileiras 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. Centrais Eletricas Brasileiras's current Return-on-Tangible-Equity of 24.26% is 418.4% 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 Centrais Eletricas Brasileiras 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. Centrais Eletricas Brasileiras's current Return-on-Tangible-Equity is 24.26%, which is 107% above median its own 10-year median of 11.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Centrais Eletricas Brasileiras stock overvalued right now?
Centrais Eletricas Brasileiras (BUE:ELET6) has a current Return-on-Tangible-Equity of 24.26%. The current Return-on-Tangible-Equity is 24.26%, which is 107% above median its 10-year median of 11.70 and 418.4% above the Utilities - Independent Power Producers industry median of 4.68. Centrais Eletricas Brasileiras' overall GF Score™ is 70/100 with 4 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 Centrais Eletricas Brasileiras (BUE:ELET6), the current Return-on-Tangible-Equity is 24.26% 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.
Centrais Eletricas Brasileiras Business Description
Axia Energia is engaged in the generation, transmission, and commercialization of electricity in Brazil. The company operates a portfolio of wind, thermal, hydro, and nuclear power plants located throughout the country.
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