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AS Tallinna VesiLTS:0JPY 86 Return-on-Tangible-Equity is 13.92% as of Mar. 2026, which is 6% above its 10-year median of 13.10. GuruFocus rates LTS:0JPY with a GF Score™ of 86/100 and a GF Value™ of €12.49. The stock has 7 warning signs investors should review. Among 497 Utilities - Regulated companies, AS Tallinna Vesi ranks better than 56.54% 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. AS Tallinna Vesi's annualized net income for the quarter that ended in Mar. 2026 was €17.11 Mil. AS Tallinna Vesi's average shareholder tangible equity for the quarter that ended in Mar. 2026 was €122.94 Mil. Therefore, AS Tallinna Vesi's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 13.92%.
The historical rank and industry rank for AS Tallinna Vesi's Return-on-Tangible-Equity or its related term are showing as below:
LTS:0JPY'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 7.48 Med: 13.1 Max: 25.81
Current: 12.64
During the past 13 years, AS Tallinna Vesi's highest Return-on-Tangible-Equity was 25.81%. The lowest was 7.48%. And the median was 13.10%.
LTS:0JPY's Return-on-Tangible-Equity is ranked better than 56.54% of 497
companies
in the Utilities - Regulated industry
Industry Median: 10.92
vs LTS:0JPY: 12.64
AS Tallinna Vesi (LTS:0JPY) 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.
AS Tallinna Vesi Return-on-Tangible-Equity Related Terms
AS Tallinna Vesi Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for AS Tallinna Vesi'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.
LTS:0JPY vs AWK, WTRG, AWR: Return-on-Tangible-Equity Comparison
For the Utilities - Regulated Water subindustry, AS Tallinna Vesi'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.
AS Tallinna Vesi Return-on-Tangible-Equity vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, AS Tallinna Vesi's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where AS Tallinna Vesi'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 13.92% mean?
AS Tallinna Vesi (LTS:0JPY) has a Return-on-Tangible-Equity of 13.92% 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 AS Tallinna Vesi and its competitors. This is near median its historical median of 13.10. Over the past decade, AS Tallinna Vesi's Return-on-Tangible-Equity has ranged from 7.48 to 25.81. According to the industry distribution chart, AS Tallinna Vesi ranks #216 out of 497 companies in the Utilities - Regulated industry, placing it in the top 43.5%.
Is AS Tallinna Vesi's Return-on-Tangible-Equity too high?
AS Tallinna Vesi's current Return-on-Tangible-Equity of 13.92% is near median its 10-year median of 13.10. Over the past 10 years, this metric has ranged from a low of 7.48 to a high of 25.81. The Utilities - Regulated industry median Return-on-Tangible-Equity is 10.92. AS Tallinna Vesi's value of 13.92% is 27.5% above this industry median. Based on the distribution chart, AS Tallinna Vesi ranks #216 out of 497 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, AS Tallinna Vesi has a GF Score™ of 86/100, reflecting its overall financial health beyond just this single metric.
How does AS Tallinna Vesi's Return-on-Tangible-Equity compare to AWK and WTRG?
According to the Utilities - Regulated industry distribution chart, AS Tallinna Vesi ranks #216 out of 497 companies for Return-on-Tangible-Equity. This puts AS Tallinna Vesi in the upper half of its industry. The industry median Return-on-Tangible-Equity is 10.92. AS Tallinna Vesi's value of 13.92% is 27.5% above this benchmark. Historically, AS Tallinna Vesi's own Return-on-Tangible-Equity has ranged from 7.48 to 25.81 over the past decade. While the company's 10-year median is 13.10 vs. the industry median of 10.92, AS Tallinna Vesi 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 10.92, 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. AS Tallinna Vesi's current Return-on-Tangible-Equity of 13.92% is 27.5% 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 AS Tallinna Vesi and its competitors. For the Utilities - Regulated industry, the median Return-on-Tangible-Equity is 10.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AS Tallinna Vesi's current Return-on-Tangible-Equity is 13.92%, which is near median its own 10-year median of 13.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AS Tallinna Vesi stock overvalued right now?
AS Tallinna Vesi (LTS:0JPY) has a current Return-on-Tangible-Equity of 13.92%. The stock's GF Value™ is €12.49, compared to a current price of €11.08 — trading 11.3% below its estimated fair value. The current Return-on-Tangible-Equity is 13.92%, which is near median its 10-year median of 13.10 and 27.5% above the Utilities - Regulated industry median of 10.92. AS Tallinna Vesi's overall GF Score™ is 86/100 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 AS Tallinna Vesi (LTS:0JPY), the current Return-on-Tangible-Equity is 13.92% 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 AS Tallinna Vesi (LTS:0JPY) Overvalued in 2026?
Based on GuruFocus' analysis, AS Tallinna Vesi stock appears to be undervalued.
The current stock price of €11.08 is trading 11.3% below its estimated GF Value™ of €12.49.
Key valuation signals for LTS:0JPY:
Return-on-Tangible-Equity: 13.92% (near median its 10-year median of 13.10)
GF Value™: €12.49 vs. price of €11.08 (11.3% below fair value)
Industry Position: 27.5% above the Utilities - Regulated median (#216 of 497)
No single metric tells the full story. See the LTS:0JPY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AS Tallinna Vesi is a water utility company in Estonia. The business activity of the group is operated through two plants namely Ulemiste Water Treatment Plant and Paljassaare Wastewater Treatment Plant. It is engaged in water services which include the supply of water and treatment of wastewater services to people in Tallinn and in several neighboring municipalities of Tallinn. Further also engaged in construction and other services. In addition, the company also offers other services such as drinking water and waste water analysis, water and sewerage pipeline works, design pipelines and pipeline construction, and others. It has three segments Water services, Construction services, and Other services. It generates the majority of its revenue from Water services segment.
86GF Score
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