Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
CEC Africa InvestmentsLUS:CCAF -5.43%47 Return-on-Tangible-Equity is 0.00% as of . 20. GuruFocus rates LUS:CCAF with a GF Score™ of 47/100. The stock has 2 warning signs investors should review. Among 497 Utilities - Regulated companies, CEC Africa Investments ranks worse than 201207.04% 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. CEC Africa Investments's annualized net income for the quarter that ended in . 20 was ZMW Mil. CEC Africa Investments's average shareholder tangible equity for the quarter that ended in . 20 was ZMW Mil. Therefore, CEC Africa Investments's annualized Return-on-Tangible-Equity for the quarter that ended in . 20 was %.
The historical rank and industry rank for CEC Africa Investments's Return-on-Tangible-Equity or its related term are showing as below:
LUS:CCAF's Return-on-Tangible-Equity is not ranked *
in the Utilities - Regulated industry.
Industry Median: 10.92 * Ranked among companies with meaningful Return-on-Tangible-Equity only.
CEC Africa Investments (LUS:CCAF) 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.
CEC Africa Investments Return-on-Tangible-Equity Related Terms
CEC Africa Investments Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for CEC Africa Investments'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.
CEC Africa Investments Return-on-Tangible-Equity Chart
CEC Africa Investments Annual Data
Trend
Return-on-Tangible-Equity
CEC Africa Investments Semi-Annual Data
Return-on-Tangible-Equity
LUS:CCAF vs : Return-on-Tangible-Equity Comparison
For the Utilities - Regulated Electric subindustry, CEC Africa Investments'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.
CEC Africa Investments Return-on-Tangible-Equity vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, CEC Africa Investments's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where CEC Africa Investments'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 one times the annual (. 20) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 0.00% mean?
CEC Africa Investments (LUS:CCAF) has a Return-on-Tangible-Equity of 0.00% as of . 20. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on CEC Africa Investments and its competitors. According to the industry distribution chart, CEC Africa Investments ranks #999999 out of 497 companies in the Utilities - Regulated industry.
Is CEC Africa Investments' Return-on-Tangible-Equity too high?
CEC Africa Investments' current Return-on-Tangible-Equity is 0.00%. Based on the distribution chart, CEC Africa Investments ranks #999999 out of 497 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, CEC Africa Investments has a GF Score™ of 47/100, reflecting its overall financial health beyond just this single metric.
How does CEC Africa Investments' Return-on-Tangible-Equity compare to ?
According to the Utilities - Regulated industry distribution chart, CEC Africa Investments ranks #999999 out of 497 companies for Return-on-Tangible-Equity. This places CEC Africa Investments in the lower half of its industry. The industry median Return-on-Tangible-Equity is 10.92. 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. 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 CEC Africa Investments 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. CEC Africa Investments's current Return-on-Tangible-Equity is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CEC Africa Investments stock overvalued right now?
CEC Africa Investments (LUS:CCAF) has a current Return-on-Tangible-Equity of 0.00%. The current Return-on-Tangible-Equity is 0.00%. CEC Africa Investments' overall GF Score™ is 47/100 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 CEC Africa Investments (LUS:CCAF), the current Return-on-Tangible-Equity is 0.00% as of . 20. 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.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
LUS:CCAF has been successfully added to your 
