EnagasWBO:ENG -3.79%66 Return-on-Tangible-Equity is 10.62% as of Mar. 2026, which is 29% below its 10-year median of 14.98. GuruFocus rates WBO:ENG with a GF Score™ of 66/100 and a GF Value™ of €14.45. The stock has 9 warning signs investors should review. Among 497 Utilities - Regulated companies, Enagas ranks better than 73.84% 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. Enagas's annualized net income for the quarter that ended in Mar. 2026 was €228 Mil. Enagas's average shareholder tangible equity for the quarter that ended in Mar. 2026 was €2,144 Mil. Therefore, Enagas's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 10.62%.
The historical rank and industry rank for Enagas's Return-on-Tangible-Equity or its related term are showing as below:
WBO:ENG'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -11.52 Med: 14.98 Max: 26.32
Current: 19.24
During the past 13 years, Enagas's highest Return-on-Tangible-Equity was 26.32%. The lowest was -11.52%. And the median was 14.98%.
WBO:ENG's Return-on-Tangible-Equity is ranked better than 73.84% of 497
companies
in the Utilities - Regulated industry
Industry Median: 10.9
vs WBO:ENG: 19.24
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.
Enagas Return-on-Tangible-Equity Related Terms
Enagas Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Enagas'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.
WBO:ENG vs ATO, NI, UGI: Return-on-Tangible-Equity Comparison
For the Utilities - Regulated Gas subindustry, Enagas'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.
Enagas Return-on-Tangible-Equity vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Enagas's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Enagas'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 10.62% mean?
Enagas (WBO:ENG) has a Return-on-Tangible-Equity of 10.62% 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 Enagas and its competitors. This is 29% below median its historical median of 14.98. According to the industry distribution chart, Enagas ranks #130 out of 497 companies in the Utilities - Regulated industry, placing it in the top 26.2%.
Is Enagas' Return-on-Tangible-Equity too high?
Enagas' current Return-on-Tangible-Equity of 10.62% is 29% below median its 10-year median of 14.98. The Utilities - Regulated industry median Return-on-Tangible-Equity is 10.90. Enagas' value of 10.62% is 2.6% below this industry median. Based on the distribution chart, Enagas ranks #130 out of 497 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Enagas has a GF Score™ of 66/100, reflecting its overall financial health beyond just this single metric.
How does Enagas' Return-on-Tangible-Equity compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Enagas ranks #130 out of 497 companies for Return-on-Tangible-Equity. This puts Enagas in the upper half of its industry. The industry median Return-on-Tangible-Equity is 10.90. Enagas' value of 10.62% is 2.6% below this benchmark. While the company's 10-year median is 14.98 vs. the industry median of 10.90, Enagas has consistently been below 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 10.90, 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. Enagas's current Return-on-Tangible-Equity of 10.62% is 2.6% below 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 Enagas and its competitors. For the Utilities - Regulated industry, the median Return-on-Tangible-Equity is 10.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Enagas's current Return-on-Tangible-Equity is 10.62%, which is 29% below median its own 10-year median of 14.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Enagas stock overvalued right now?
Enagas (WBO:ENG) has a current Return-on-Tangible-Equity of 10.62%. The stock's GF Value™ is €14.45, compared to a current price of €17.01 — trading 17.7% above its estimated fair value. The current Return-on-Tangible-Equity is 10.62%, which is 29% below median its 10-year median of 14.98 and 2.6% below the Utilities - Regulated industry median of 10.90. Enagas' overall GF Score™ is 66/100 with 9 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 Enagas (WBO:ENG), the current Return-on-Tangible-Equity is 10.62% 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 Enagas (WBO:ENG) Overvalued in 2026?
Based on GuruFocus' analysis, Enagas stock appears to be overvalued.
The current stock price of €17.01 is trading 17.7% above its estimated GF Value™ of €14.45.
Key valuation signals for WBO:ENG:
Return-on-Tangible-Equity: 10.62% (29% below median its 10-year median of 14.98)
GF Value™: €14.45 vs. price of €17.01 (17.7% above fair value)
Industry Position: 2.6% below the Utilities - Regulated median (#130 of 497)
No single metric tells the full story. See the WBO:ENG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Enagas SA is a Spanish utility company involved in the transport, storage, and regasification of natural gas. Its segment include operations into Regulated, Gas international, New businesses, Hydrogen, and Other areas. Geographically, the company operates in Europe, South America, and North America.
66GF Score
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