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Toplofikatsia Ruse ADXBUL:TPLR 9 Return-on-Tangible-Equity is -20.98% as of Dec. 2025. GuruFocus rates XBUL:TPLR with a GF Score™ of 9/100. The stock has 4 warning signs investors should review. Among 497 Utilities - Regulated companies, Toplofikatsia Ruse AD ranks better than 88.93% 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. Toplofikatsia Ruse AD's annualized net income for the quarter that ended in Dec. 2025 was €-4.7 Mil. Toplofikatsia Ruse AD's average shareholder tangible equity for the quarter that ended in Dec. 2025 was €22.5 Mil. Therefore, Toplofikatsia Ruse AD's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was -20.98%.
The historical rank and industry rank for Toplofikatsia Ruse AD's Return-on-Tangible-Equity or its related term are showing as below:
XBUL:TPLR'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 16.2 Med: 46.61 Max: 77.02
Current: 64.26
During the past 2 years, Toplofikatsia Ruse AD's highest Return-on-Tangible-Equity was 77.02%. The lowest was 16.20%. And the median was 46.61%.
XBUL:TPLR's Return-on-Tangible-Equity is ranked better than 88.93% of 497
companies
in the Utilities - Regulated industry
Industry Median: 10.92
vs XBUL:TPLR: 64.26
Toplofikatsia Ruse AD (XBUL:TPLR) 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.
Toplofikatsia Ruse AD Return-on-Tangible-Equity Related Terms
Toplofikatsia Ruse AD Return-on-Tangible-Equity Historical Data
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The historical data trend for Toplofikatsia Ruse AD'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.
Toplofikatsia Ruse AD Return-on-Tangible-Equity Chart
XBUL:TPLR vs NEE, SO, DUK: Return-on-Tangible-Equity Comparison
For the Utilities - Regulated Electric subindustry, Toplofikatsia Ruse AD'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.
Toplofikatsia Ruse AD Return-on-Tangible-Equity vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Toplofikatsia Ruse AD's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Toplofikatsia Ruse AD'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 two times the semi-annual (Dec. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of -20.98% mean?
Toplofikatsia Ruse AD (XBUL:TPLR) has a Return-on-Tangible-Equity of -20.98% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Toplofikatsia Ruse AD and its competitors. Over the past decade, Toplofikatsia Ruse AD's Return-on-Tangible-Equity has ranged from 16.20 to 77.02. According to the industry distribution chart, Toplofikatsia Ruse AD ranks #55 out of 497 companies in the Utilities - Regulated industry, placing it in the top 11.1%.
Is Toplofikatsia Ruse AD's Return-on-Tangible-Equity too high?
Toplofikatsia Ruse AD's current Return-on-Tangible-Equity is -20.98%. Over the past 10 years, this metric has ranged from a low of 16.20 to a high of 77.02. Based on the distribution chart, Toplofikatsia Ruse AD ranks #55 out of 497 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Toplofikatsia Ruse AD has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does Toplofikatsia Ruse AD's Return-on-Tangible-Equity compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Toplofikatsia Ruse AD ranks #55 out of 497 companies for Return-on-Tangible-Equity. This places Toplofikatsia Ruse AD in the top 11% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 10.92. Historically, Toplofikatsia Ruse AD's own Return-on-Tangible-Equity has ranged from 16.20 to 77.02 over the past decade. 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 Toplofikatsia Ruse AD 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. Toplofikatsia Ruse AD's current Return-on-Tangible-Equity is -20.98%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toplofikatsia Ruse AD stock overvalued right now?
Toplofikatsia Ruse AD (XBUL:TPLR) has a current Return-on-Tangible-Equity of -20.98%. The current Return-on-Tangible-Equity is -20.98%. Toplofikatsia Ruse AD's overall GF Score™ is 9/100 with 4 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 Toplofikatsia Ruse AD (XBUL:TPLR), the current Return-on-Tangible-Equity is -20.98% as of Dec. 2025. 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.
Toplofikatsia Ruse AD is engaged in electricity and heat generation; combined production of electricity and heat; heat transfer; maintenance and operation of low-pressure gas pipelines, and other activities.
9GF Score
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