Tecnicas Reunidas (MEX:TREN) Return-on-Tangible-Equity: 10.84% (As of Mar. 2026) — 59% Above Median


MEX:TREN Tecnicas Reunidas SA MEX:TREN
65 GF Score
Price MXN244.58
GF Value MXN162.43
! 2 Warning Signs
View Full Analysis

What is Tecnicas Reunidas Return-on-Tangible-Equity?

Tecnicas Reunidas MEX:TREN 65 Return-on-Tangible-Equity is 10.84% as of Mar. 2026, which is 59% above its 10-year median of 6.83. GuruFocus rates MEX:TREN with a GF Score™ of 65/100 and a GF Value™ of MXN162.43. The stock has 2 warning signs investors should review. Among 1,705 Construction companies, Tecnicas Reunidas ranks better than 82.4% 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. Tecnicas Reunidas's annualized net income for the quarter that ended in Mar. 2026 was MXN1,242 Mil. Tecnicas Reunidas's average shareholder tangible equity for the quarter that ended in Mar. 2026 was MXN11,457 Mil. Therefore, Tecnicas Reunidas's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 10.84%.

The historical rank and industry rank for Tecnicas Reunidas's Return-on-Tangible-Equity or its related term are showing as below:

MEX:TREN' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -142.05   Med: 6.83   Max: 41.73
Current: 27.19

During the past 13 years, Tecnicas Reunidas's highest Return-on-Tangible-Equity was 41.73%. The lowest was -142.05%. And the median was 6.83%.

MEX:TREN's Return-on-Tangible-Equity is ranked better than
82.4% of 1705 companies
in the Construction industry
Industry Median: 8.25 vs MEX:TREN: 27.19

Tecnicas Reunidas  (MEX:TREN) 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.


Tecnicas Reunidas Return-on-Tangible-Equity Related Terms


Tecnicas Reunidas Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Tecnicas Reunidas'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.

Tecnicas Reunidas Return-on-Tangible-Equity Chart

Tecnicas Reunidas Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -137.06 -97.96 41.34 31.42 36.07

Tecnicas Reunidas Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 22.76 23.58 40.97 38.14 10.84

MEX:TREN vs PWR, FIX, EME: Return-on-Tangible-Equity Comparison

For the Engineering & Construction subindustry, Tecnicas Reunidas'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.


Tecnicas Reunidas Return-on-Tangible-Equity vs Construction Industry

For the Construction industry and Industrials sector, Tecnicas Reunidas's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Tecnicas Reunidas's Return-on-Tangible-Equity falls into.


MEX:TREN
65GF Score
Tecnicas Reunidas SA MEX:TREN
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tecnicas Reunidas Return-on-Tangible-Equity Calculation

Tecnicas Reunidas's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=3304.636/( (7535.371+10787.059 )/ 2 )
=3304.636/9161.215
=36.07 %

Tecnicas Reunidas's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=1242.484/( (10787.059+12126.73)/ 2 )
=1242.484/11456.8945
=10.84 %

* 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 10.84% mean?
Tecnicas Reunidas (MEX:TREN) has a Return-on-Tangible-Equity of 10.84% 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 Tecnicas Reunidas and its competitors. This is 59% above median its historical median of 6.83. According to the industry distribution chart, Tecnicas Reunidas ranks #300 out of 1705 companies in the Construction industry, placing it in the top 17.6%.
Is Tecnicas Reunidas' Return-on-Tangible-Equity too high?
Tecnicas Reunidas' current Return-on-Tangible-Equity of 10.84% is 59% above median its 10-year median of 6.83. The Construction industry median Return-on-Tangible-Equity is 8.25. Tecnicas Reunidas' value of 10.84% is 31.4% above this industry median. Based on the distribution chart, Tecnicas Reunidas ranks #300 out of 1705 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Tecnicas Reunidas has a GF Score™ of 65/100, reflecting its overall financial health beyond just this single metric.
How does Tecnicas Reunidas' Return-on-Tangible-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, Tecnicas Reunidas ranks #300 out of 1705 companies for Return-on-Tangible-Equity. This places Tecnicas Reunidas in the top 18% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 8.25. Tecnicas Reunidas' value of 10.84% is 31.4% above this benchmark. While the company's 10-year median is 6.83 vs. the industry median of 8.25, Tecnicas Reunidas 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 a Construction company?
The median Return-on-Tangible-Equity among Construction companies is 8.25, based on 1,705 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. Tecnicas Reunidas's current Return-on-Tangible-Equity of 10.84% is 31.4% 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 Tecnicas Reunidas and its competitors. For the Construction industry, the median Return-on-Tangible-Equity is 8.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tecnicas Reunidas's current Return-on-Tangible-Equity is 10.84%, which is 59% above median its own 10-year median of 6.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tecnicas Reunidas stock overvalued right now?
Tecnicas Reunidas (MEX:TREN) has a current Return-on-Tangible-Equity of 10.84%. The stock's GF Value™ is MXN162.43, compared to a current price of MXN244.58 — trading 50.6% above its estimated fair value. The current Return-on-Tangible-Equity is 10.84%, which is 59% above median its 10-year median of 6.83 and 31.4% above the Construction industry median of 8.25. Tecnicas Reunidas' overall GF Score™ is 65/100 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 Tecnicas Reunidas (MEX:TREN), the current Return-on-Tangible-Equity is 10.84% 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 Tecnicas Reunidas (MEX:TREN) Overvalued in 2026?

Based on GuruFocus' analysis, Tecnicas Reunidas stock appears to be overvalued. The current stock price of MXN244.58 is trading 50.6% above its estimated GF Value™ of MXN162.43.

Key valuation signals for MEX:TREN:

  • Return-on-Tangible-Equity: 10.84% (59% above median its 10-year median of 6.83)
  • GF Value™: MXN162.43 vs. price of MXN244.58 (50.6% above fair value)
  • GF Score™: 65/100 with 2 warning signs
  • Industry Position: 31.4% above the Construction median (#300 of 1705)

No single metric tells the full story. See the MEX:TREN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tecnicas Reunidas Business Description

Address Arapiles Street, 14, Madrid, ESP, 28015
Tecnicas Reunidas SA is a general contracting company. It engages in engineering, design and construction of industrial facilities for international customers including principal national oil companies and multinational companies. The firm's majority of business is focused on large turnkey industrial projects and it also offers engineering, management, start-up and operating services for industrial plants. Its business areas are oil and gas, power, infrastructures and industries. The company mainly operates in Spain, Middle East, Latin America, Asia and the Mediterranean region.
65GF Score

Get the complete analysis for MEX:TREN

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN244.58
Price
MXN162.43
GF Value