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. Societatea Energetica Electrica's annualized net income for the quarter that ended in Mar. 2026 was €234 Mil. Societatea Energetica Electrica's average shareholder tangible equity for the quarter that ended in Mar. 2026 was €-30 Mil. Therefore, Societatea Energetica Electrica's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was Negative Tangible Equity%.
The historical rank and industry rank for Societatea Energetica Electrica's Return-on-Tangible-Equity or its related term are showing as below:
FRA:ECEB'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 8.33 Med: 21.79 Max: 113.01
Current: Negative Tangible Equity
During the past 13 years, Societatea Energetica Electrica's highest Return-on-Tangible-Equity was 113.01%. The lowest was 8.33%. And the median was 21.79%.
FRA:ECEB's Return-on-Tangible-Equity is ranked better than 99.8% of 497
companies
in the Utilities - Regulated industry
Industry Median: 10.83
vs FRA:ECEB: Negative Tangible Equity
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.
Societatea Energetica Electrica Return-on-Tangible-Equity Related Terms
Societatea Energetica Electrica 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.
FRA:ECEB vs NEE, SO, DUK: Return-on-Tangible-Equity Comparison
For the Utilities - Regulated Electric subindustry, Societatea Energetica Electrica'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.
Societatea Energetica Electrica Return-on-Tangible-Equity vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Societatea Energetica Electrica's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Societatea Energetica Electrica'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 Negative Tangible Equity% mean?
Societatea Energetica Electrica (FRA:ECEB) has a Return-on-Tangible-Equity of Negative Tangible Equity% 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 Societatea Energetica Electrica and its competitors. Over the past decade, Societatea Energetica Electrica's Return-on-Tangible-Equity has ranged from 8.33 to 113.01. According to the industry distribution chart, Societatea Energetica Electrica ranks #1 out of 497 companies in the Utilities - Regulated industry, placing it in the top 0.2%.
Is Societatea Energetica Electrica's Return-on-Tangible-Equity too high?
Societatea Energetica Electrica's current Return-on-Tangible-Equity is Negative Tangible Equity%. Over the past 10 years, this metric has ranged from a low of 8.33 to a high of 113.01. Based on the distribution chart, Societatea Energetica Electrica ranks #1 out of 497 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Societatea Energetica Electrica has a GF Score™ of 40/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Societatea Energetica Electrica's Return-on-Tangible-Equity compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Societatea Energetica Electrica ranks #1 out of 497 companies for Return-on-Tangible-Equity. This places Societatea Energetica Electrica in the top 0% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 10.83. Historically, Societatea Energetica Electrica's own Return-on-Tangible-Equity has ranged from 8.33 to 113.01 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 - Regulated company?
The median Return-on-Tangible-Equity among Utilities - Regulated companies is 10.83, 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. 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 Societatea Energetica Electrica and its competitors. For the Utilities - Regulated industry, the median Return-on-Tangible-Equity is 10.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Societatea Energetica Electrica's current Return-on-Tangible-Equity is Negative Tangible Equity%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Societatea Energetica Electrica stock overvalued right now?
Based on GuruFocus' analysis, Societatea Energetica Electrica (FRA:ECEB) is currently considered Significantly Overvalued. The stock's GF Value™ is €3.33, compared to a current price of €7.34 — trading 120.4% above its estimated fair value. The current Return-on-Tangible-Equity is Negative Tangible Equity%. Societatea Energetica Electrica's overall GF Score™ is 40/100 with 9 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 Societatea Energetica Electrica (FRA:ECEB), the current Return-on-Tangible-Equity is Negative Tangible Equity% 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 Societatea Energetica Electrica (FRA:ECEB) Overvalued in 2026?
Based on GuruFocus' analysis, Societatea Energetica Electrica stock appears to be overvalued.
The current stock price of €7.34 is trading 120.4% above its estimated GF Value™ of €3.33.
GuruFocus considers Societatea Energetica Electrica to be Significantly Overvalued.
No single metric tells the full story. See the FRA:ECEB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Societatea Energetica Electrica Business Description
Societatea Energetica Electrica SA is a Romanian company, which is engaged in operation and development of electricity distribution networks and activities related to electricity supply to final consumers. It mainly acts as an electricity distribution operator and the main electricity supplier in North Transylvania, South Transylvania, and North Muntenia. The company operates through following segments: Electricity & gas supply, which is engaged in purchasing and supplying electricity and gas to end consumers; Electricity distribution, which provides electricity distribution services; External electricity network services, which offers repairs, maintenance and other services for electricity networks owned by other distributors; Electricity generation segment; and Headquarters.
40GF Score
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