Maxim PowerFRA:MP9 -2.36%46 Return-on-Tangible-Equity is -0.23% as of Mar. 2026. GuruFocus rates FRA:MP9 with a GF Score™ of 46/100 and a GF Value™ of €2.37 (Fairly Valued). The stock has 4 warning signs investors should review. Among 426 Utilities - Independent Power Producers companies, Maxim Power ranks worse than 53.05% 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. Maxim Power's annualized net income for the quarter that ended in Mar. 2026 was €-0.49 Mil. Maxim Power's average shareholder tangible equity for the quarter that ended in Mar. 2026 was €208.10 Mil. Therefore, Maxim Power's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -0.23%.
The historical rank and industry rank for Maxim Power's Return-on-Tangible-Equity or its related term are showing as below:
FRA:MP9'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -31.41 Med: 6.8 Max: 41.86
Current: 4.04
During the past 13 years, Maxim Power's highest Return-on-Tangible-Equity was 41.86%. The lowest was -31.41%. And the median was 6.80%.
FRA:MP9's Return-on-Tangible-Equity is ranked worse than 53.05% of 426
companies
in the Utilities - Independent Power Producers industry
Industry Median: 4.69
vs FRA:MP9: 4.04
Maxim Power (FRA:MP9) 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.
Maxim Power Return-on-Tangible-Equity Related Terms
Maxim Power Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Maxim Power'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:MP9 vs CEG, VST, NRG: Return-on-Tangible-Equity Comparison
For the Utilities - Independent Power Producers subindustry, Maxim Power'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.
Maxim Power Return-on-Tangible-Equity vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Maxim Power's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Maxim Power'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 -0.23% mean?
Maxim Power (FRA:MP9) has a Return-on-Tangible-Equity of -0.23% 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 Maxim Power and its competitors. According to the industry distribution chart, Maxim Power ranks #226 out of 426 companies in the Utilities - Independent Power Producers industry, placing it in the top 53.1%.
Is Maxim Power's Return-on-Tangible-Equity too high?
Maxim Power's current Return-on-Tangible-Equity is -0.23%. Based on the distribution chart, Maxim Power ranks #226 out of 426 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, Maxim Power has a GF Score™ of 46/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Maxim Power's Return-on-Tangible-Equity compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Maxim Power ranks #226 out of 426 companies for Return-on-Tangible-Equity. This places Maxim Power in the lower half of its industry. The industry median Return-on-Tangible-Equity is 4.69. 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 4.69, 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 Maxim Power and its competitors. For the Utilities - Independent Power Producers industry, the median Return-on-Tangible-Equity is 4.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maxim Power's current Return-on-Tangible-Equity is -0.23%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maxim Power stock overvalued right now?
Based on GuruFocus' analysis, Maxim Power (FRA:MP9) is currently considered Fairly Valued. The stock's GF Value™ is €2.37, compared to a current price of €2.48 — trading 4.6% above its estimated fair value. The current Return-on-Tangible-Equity is -0.23%. Maxim Power's overall GF Score™ is 46/100 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 Maxim Power (FRA:MP9), the current Return-on-Tangible-Equity is -0.23% 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 Maxim Power (FRA:MP9) Overvalued in 2026?
Based on GuruFocus' analysis, Maxim Power stock appears to be overvalued.
The current stock price of €2.48 is trading 4.6% above its estimated GF Value™ of €2.37.
GuruFocus considers Maxim Power to be Fairly Valued.
Key valuation signals for FRA:MP9:
Return-on-Tangible-Equity: -0.23%
GF Value™: €2.37 vs. price of €2.48 (4.6% above fair value)
No single metric tells the full story. See the FRA:MP9 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Maxim Power Corp is an independent power producer. The company is engaged in the development, ownership, and operation of power generation facilities and the resultant sale of generating capacity and electricity. It is focused entirely on power projects in Alberta. The company's core asset is the 300 MW H.R. Milner Plant (M2) in Grande Cache, AB is a combined cycle gas-fired power plant that was commissioned in Q4, 2023. Further, MAXIM continues to explore further development options in Alberta, including its gas-fired generation projects and its wind power generation project.
46GF Score
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