GremsGRMZF +63.19%87 Return-on-Tangible-Equity is 20.02% as of Mar. 2026, which is 28% below its 10-year median of 27.72. GuruFocus rates GRMZF with a GF Score™ of 87/100 and a GF Value™ of $10.71 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 496 Utilities - Regulated companies, Grems ranks better than 82.26% 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. Grems's annualized net income for the quarter that ended in Mar. 2026 was $23.9 Mil. Grems's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $119.5 Mil. Therefore, Grems's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 20.02%.
The historical rank and industry rank for Grems's Return-on-Tangible-Equity or its related term are showing as below:
GRMZF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 18.92 Med: 27.72 Max: 33.24
Current: 28.14
During the past 13 years, Grems's highest Return-on-Tangible-Equity was 33.24%. The lowest was 18.92%. And the median was 27.72%.
GRMZF's Return-on-Tangible-Equity is ranked better than 82.26% of 496
companies
in the Utilities - Regulated industry
Industry Median: 10.935
vs GRMZF: 28.14
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.
Grems Return-on-Tangible-Equity Related Terms
Grems Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Grems'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.
GRMZF vs NEE, SO, DUK: Return-on-Tangible-Equity Comparison
For the Utilities - Regulated Electric subindustry, Grems'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.
Grems Return-on-Tangible-Equity vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Grems's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Grems'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 20.02% mean?
Grems (GRMZF) has a Return-on-Tangible-Equity of 20.02% 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 Grems and its competitors. This is 28% below median its historical median of 27.72. Over the past decade, Grems' Return-on-Tangible-Equity has ranged from 18.92 to 33.24. According to the industry distribution chart, Grems ranks #88 out of 496 companies in the Utilities - Regulated industry, placing it in the top 17.7%.
Is Grems' Return-on-Tangible-Equity too high?
Grems' current Return-on-Tangible-Equity of 20.02% is 28% below median its 10-year median of 27.72. Over the past 10 years, this metric has ranged from a low of 18.92 to a high of 33.24. The Utilities - Regulated industry median Return-on-Tangible-Equity is 10.94. Grems' value of 20.02% is 83.1% above this industry median. Based on the distribution chart, Grems ranks #88 out of 496 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Grems has a GF Score™ of 87/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Grems' Return-on-Tangible-Equity compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Grems ranks #88 out of 496 companies for Return-on-Tangible-Equity. This places Grems in the top 18% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 10.94. Grems' value of 20.02% is 83.1% above this benchmark. Historically, Grems' own Return-on-Tangible-Equity has ranged from 18.92 to 33.24 over the past decade. While the company's 10-year median is 27.72 vs. the industry median of 10.94, Grems 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. Grems's current Return-on-Tangible-Equity of 20.02% is 83.1% 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 Grems 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. Grems's current Return-on-Tangible-Equity is 20.02%, which is 28% below median its own 10-year median of 27.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grems stock overvalued right now?
Based on GuruFocus' analysis, Grems (GRMZF) is currently considered Significantly Overvalued. The stock's GF Value™ is $10.71, compared to a current price of $18.44 — trading 72.2% above its estimated fair value. The current Return-on-Tangible-Equity is 20.02%, which is 28% below median its 10-year median of 27.72 and 83.1% above the Utilities - Regulated industry median of 10.94. Grems' overall GF Score™ is 87/100 with 2 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 Grems (GRMZF), the current Return-on-Tangible-Equity is 20.02% 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 Grems (GRMZF) Overvalued in 2026?
Based on GuruFocus' analysis, Grems stock appears to be overvalued.
The current stock price of $18.44 is trading 72.2% above its estimated GF Value™ of $10.71.
GuruFocus considers Grems to be Significantly Overvalued.
Key valuation signals for GRMZF:
Return-on-Tangible-Equity: 20.02% (28% below median its 10-year median of 27.72)
GF Value™: $10.71 vs. price of $18.44 (72.2% above fair value)
Industry Position: 83.1% above the Utilities - Regulated median (#88 of 496)
No single metric tells the full story. See the GRMZF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Grems Inc is engaged in providing consulting services to help businesses reduce their electric power consumption through its subsidiary. Its segments are Energy Cost Solutions Business; Smart House Project Business; and Retail Electricity Business, which derives maximum revenue.
87GF Score
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