Amber Grid ABFRA:AMH +0.92%53 Return-on-Tangible-Equity is 36.86% as of Mar. 2026, which is 356% above its 10-year median of 8.09. GuruFocus rates FRA:AMH with a GF Score™ of 53/100 and a GF Value™ of €1.30. The stock has 11 warning signs investors should review. Among 496 Utilities - Regulated companies, Amber Grid AB ranks worse than 66.33% 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. Amber Grid AB's annualized net income for the quarter that ended in Mar. 2026 was €63.05 Mil. Amber Grid AB's average shareholder tangible equity for the quarter that ended in Mar. 2026 was €171.08 Mil. Therefore, Amber Grid AB's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 36.86%.
The historical rank and industry rank for Amber Grid AB's Return-on-Tangible-Equity or its related term are showing as below:
FRA:AMH'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -14.56 Med: 8.09 Max: 14.36
Current: 7.59
During the past 13 years, Amber Grid AB's highest Return-on-Tangible-Equity was 14.36%. The lowest was -14.56%. And the median was 8.09%.
FRA:AMH's Return-on-Tangible-Equity is ranked worse than 66.33% of 496
companies
in the Utilities - Regulated industry
Industry Median: 10.935
vs FRA:AMH: 7.59
Amber Grid AB (FRA:AMH) 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.
Amber Grid AB Return-on-Tangible-Equity Related Terms
Amber Grid AB Return-on-Tangible-Equity Historical Data
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The historical data trend for Amber Grid AB'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.
FRA:AMH vs ATO, NI, UGI: Return-on-Tangible-Equity Comparison
For the Utilities - Regulated Gas subindustry, Amber Grid AB'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.
Amber Grid AB Return-on-Tangible-Equity vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Amber Grid AB's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Amber Grid AB'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 36.86% mean?
Amber Grid AB (FRA:AMH) has a Return-on-Tangible-Equity of 36.86% 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 Amber Grid AB and its competitors. This is 356% above median its historical median of 8.09. According to the industry distribution chart, Amber Grid AB ranks #329 out of 496 companies in the Utilities - Regulated industry, placing it in the top 66.3%.
Is Amber Grid AB's Return-on-Tangible-Equity too high?
Amber Grid AB's current Return-on-Tangible-Equity of 36.86% is 356% above median its 10-year median of 8.09. The Utilities - Regulated industry median Return-on-Tangible-Equity is 10.94. Amber Grid AB's value of 36.86% is 237.1% above this industry median. Based on the distribution chart, Amber Grid AB ranks #329 out of 496 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Amber Grid AB has a GF Score™ of 53/100, reflecting its overall financial health beyond just this single metric.
How does Amber Grid AB's Return-on-Tangible-Equity compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Amber Grid AB ranks #329 out of 496 companies for Return-on-Tangible-Equity. This places Amber Grid AB in the lower half of its industry. The industry median Return-on-Tangible-Equity is 10.94. Amber Grid AB's value of 36.86% is 237.1% above this benchmark. While the company's 10-year median is 8.09 vs. the industry median of 10.94, Amber Grid AB 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 10.94, based on 496 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. Amber Grid AB's current Return-on-Tangible-Equity of 36.86% is 237.1% 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 Amber Grid AB and its competitors. For the Utilities - Regulated industry, the median Return-on-Tangible-Equity is 10.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Amber Grid AB's current Return-on-Tangible-Equity is 36.86%, which is 356% above median its own 10-year median of 8.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Amber Grid AB stock overvalued right now?
Amber Grid AB (FRA:AMH) has a current Return-on-Tangible-Equity of 36.86%. The stock's GF Value™ is €1.30, compared to a current price of €1.10 — trading 15.4% below its estimated fair value. The current Return-on-Tangible-Equity is 36.86%, which is 356% above median its 10-year median of 8.09 and 237.1% above the Utilities - Regulated industry median of 10.94. Amber Grid AB's overall GF Score™ is 53/100 with 11 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 Amber Grid AB (FRA:AMH), the current Return-on-Tangible-Equity is 36.86% 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 Amber Grid AB (FRA:AMH) Overvalued in 2026?
Based on GuruFocus' analysis, Amber Grid AB stock appears to be undervalued.
The current stock price of €1.10 is trading 15.4% below its estimated GF Value™ of €1.30.
Key valuation signals for FRA:AMH:
Return-on-Tangible-Equity: 36.86% (356% above median its 10-year median of 8.09)
GF Value™: €1.30 vs. price of €1.10 (15.4% below fair value)
Industry Position: 237.1% above the Utilities - Regulated median (#329 of 496)
No single metric tells the full story. See the FRA:AMH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Amber Grid AB is the gas transmission system operator in Lithuania, which ensures reliable and safe transporting of natural gas to its consumers through high pressure gas pipelines. The company is responsible for the operation, maintenance and development of the Lithuanian gas transmission infrastructure consisting of a network of nearly 2,300 km-long gas pipelines and two gas compressor stations. The company has one operating segment, i.e. the natural gas transmission segment. It has a single geographical segment the Republic of Lithuania.
53GF Score
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