EnBW Energie Baden-Wuerttemberg AG (FRA:EBK) Return-on-Tangible-Equity: 3.66% (As of Mar. 2026) — 90% Below Median


FRA:EBK EnBW Energie Baden-Wuerttemberg AG FRA:EBK
76 GF Score
Price €67.60
GF Value €56.02
Valuation Modestly Overvalued
! 7 Warning Signs
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What is EnBW Energie Baden-Wuerttemberg AG Return-on-Tangible-Equity?

EnBW Energie Baden-Wuerttemberg AG FRA:EBK -0.29% 76 Return-on-Tangible-Equity is 3.66% as of Mar. 2026, which is 90% below its 10-year median of 35.09. GuruFocus rates FRA:EBK with a GF Score™ of 76/100 and a GF Value™ of €56.02 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 496 Utilities - Regulated companies, EnBW Energie Baden-Wuerttemberg AG ranks worse than 87.1% 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. EnBW Energie Baden-Wuerttemberg AG's annualized net income for the quarter that ended in Mar. 2026 was €382 Mil. EnBW Energie Baden-Wuerttemberg AG's average shareholder tangible equity for the quarter that ended in Mar. 2026 was €10,427 Mil. Therefore, EnBW Energie Baden-Wuerttemberg AG's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 3.66%.

The historical rank and industry rank for EnBW Energie Baden-Wuerttemberg AG's Return-on-Tangible-Equity or its related term are showing as below:

FRA:EBK' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -298.27   Med: 35.09   Max: 310.59
Current: 1.46

During the past 13 years, EnBW Energie Baden-Wuerttemberg AG's highest Return-on-Tangible-Equity was 310.59%. The lowest was -298.27%. And the median was 35.09%.

FRA:EBK's Return-on-Tangible-Equity is ranked worse than
87.1% of 496 companies
in the Utilities - Regulated industry
Industry Median: 10.91 vs FRA:EBK: 1.46

EnBW Energie Baden-Wuerttemberg AG  (FRA:EBK) 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.


EnBW Energie Baden-Wuerttemberg AG Return-on-Tangible-Equity Related Terms


EnBW Energie Baden-Wuerttemberg AG Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for EnBW Energie Baden-Wuerttemberg AG'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.

EnBW Energie Baden-Wuerttemberg AG Return-on-Tangible-Equity Chart

EnBW Energie Baden-Wuerttemberg AG Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 118.18 44.31 49.83 25.87 18.80

EnBW Energie Baden-Wuerttemberg AG Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Mar26
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -18.90 29.93 -4.91 5.72 3.66

FRA:EBK vs SRE, AES: Return-on-Tangible-Equity Comparison

For the Utilities - Diversified subindustry, EnBW Energie Baden-Wuerttemberg AG'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.


EnBW Energie Baden-Wuerttemberg AG Return-on-Tangible-Equity vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, EnBW Energie Baden-Wuerttemberg AG's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where EnBW Energie Baden-Wuerttemberg AG's Return-on-Tangible-Equity falls into.


FRA:EBK
76GF Score
EnBW Energie Baden-Wuerttemberg AG FRA:EBK
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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EnBW Energie Baden-Wuerttemberg AG Return-on-Tangible-Equity Calculation

EnBW Energie Baden-Wuerttemberg AG's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=1243.7/( (6142.5+7090.7 )/ 2 )
=1243.7/6616.6
=18.80 %

EnBW Energie Baden-Wuerttemberg AG's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=382/( (10533.3+10321.6)/ 2 )
=382/10427.45
=3.66 %

* 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 3.66% mean?
EnBW Energie Baden-Wuerttemberg AG (FRA:EBK) has a Return-on-Tangible-Equity of 3.66% 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 EnBW Energie Baden-Wuerttemberg AG and its competitors. This is 90% below median its historical median of 35.09. According to the industry distribution chart, EnBW Energie Baden-Wuerttemberg AG ranks #432 out of 496 companies in the Utilities - Regulated industry, placing it in the top 87.1%.
Is EnBW Energie Baden-Wuerttemberg AG's Return-on-Tangible-Equity too high?
EnBW Energie Baden-Wuerttemberg AG's current Return-on-Tangible-Equity of 3.66% is 90% below median its 10-year median of 35.09. The Utilities - Regulated industry median Return-on-Tangible-Equity is 10.91. EnBW Energie Baden-Wuerttemberg AG's value of 3.66% is 66.5% below this industry median. Based on the distribution chart, EnBW Energie Baden-Wuerttemberg AG ranks #432 out of 496 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, EnBW Energie Baden-Wuerttemberg AG has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does EnBW Energie Baden-Wuerttemberg AG's Return-on-Tangible-Equity compare to SRE and AES?
According to the Utilities - Regulated industry distribution chart, EnBW Energie Baden-Wuerttemberg AG ranks #432 out of 496 companies for Return-on-Tangible-Equity. This places EnBW Energie Baden-Wuerttemberg AG in the lower half of its industry. The industry median Return-on-Tangible-Equity is 10.91. EnBW Energie Baden-Wuerttemberg AG's value of 3.66% is 66.5% below this benchmark. While the company's 10-year median is 35.09 vs. the industry median of 10.91, EnBW Energie Baden-Wuerttemberg AG has consistently been below 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 10.91, 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. EnBW Energie Baden-Wuerttemberg AG's current Return-on-Tangible-Equity of 3.66% is 66.5% below 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 EnBW Energie Baden-Wuerttemberg AG 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. EnBW Energie Baden-Wuerttemberg AG's current Return-on-Tangible-Equity is 3.66%, which is 90% below median its own 10-year median of 35.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EnBW Energie Baden-Wuerttemberg AG stock overvalued right now?
Based on GuruFocus' analysis, EnBW Energie Baden-Wuerttemberg AG (FRA:EBK) is currently considered Modestly Overvalued. The stock's GF Value™ is €56.02, compared to a current price of €67.60 — trading 20.7% above its estimated fair value. The current Return-on-Tangible-Equity is 3.66%, which is 90% below median its 10-year median of 35.09 and 66.5% below the Utilities - Regulated industry median of 10.91. EnBW Energie Baden-Wuerttemberg AG's 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 EnBW Energie Baden-Wuerttemberg AG (FRA:EBK), the current Return-on-Tangible-Equity is 3.66% 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 EnBW Energie Baden-Wuerttemberg AG (FRA:EBK) Overvalued in 2026?

Based on GuruFocus' analysis, EnBW Energie Baden-Wuerttemberg AG stock appears to be overvalued. The current stock price of €67.60 is trading 20.7% above its estimated GF Value™ of €56.02. GuruFocus considers EnBW Energie Baden-Wuerttemberg AG to be Modestly Overvalued.

Key valuation signals for FRA:EBK:

  • Return-on-Tangible-Equity: 3.66% (90% below median its 10-year median of 35.09)
  • GF Value™: €56.02 vs. price of €67.60 (20.7% above fair value)
  • GF Score™: 76/100 with 7 warning signs
  • Industry Position: 66.5% below the Utilities - Regulated median (#432 of 496)

No single metric tells the full story. See the FRA:EBK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


EnBW Energie Baden-Wuerttemberg AG Business Description

Other Exchanges EBK:Germany
Address Durlacher Allee 93, Karlsruhe, BW, DEU, 76131
EnBW Energie Baden-Wuerttemberg AG is active in the energy sector in Germany and the rest of Europe. It operates in three segments: Smart Infrastructure for Customers, which comprises the sale of electricity and gas, energy industry services and energy solutions, provision and expansion of quick-charging infrastructure and digital solutions for electromobility, broadband activities; System Critical Infrastructure segment is into the transmission and distribution of electricity and gas; and Sustainable Generation Infrastructure segment, which generates maximum revenue, encompasses activities in the areas of renewable energies and conventional generation, district heating and waste management/environmental services. Geographically, the company generates maximum revenue from Germany.
76GF Score

Get the complete analysis for FRA:EBK

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€67.60
Price
€56.02
GF Value