COX ABG Group (XMAD:COXG) Return-on-Tangible-Equity: 111.26% (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

XMAD:COXG COX ABG Group SA XMAD:COXG
28 GF Score
Price €11.80
! 5 Warning Signs
View Full Analysis

What is COX ABG Group Return-on-Tangible-Equity?

COX ABG Group XMAD:COXG +0.42% 28 Return-on-Tangible-Equity is 111.26% as of Dec. 2025. GuruFocus rates XMAD:COXG with a GF Score™ of 28/100. The stock has 5 warning signs investors should review. Among 427 Utilities - Independent Power Producers companies, COX ABG Group ranks better than 95.08% 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. COX ABG Group's annualized net income for the quarter that ended in Dec. 2025 was €110 Mil. COX ABG Group's average shareholder tangible equity for the quarter that ended in Dec. 2025 was €99 Mil. Therefore, COX ABG Group's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 111.26%.

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

XMAD:COXG' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -374.21   Med: -356.11   Max: 119.55
Current: 119.55

During the past 7 years, COX ABG Group's highest Return-on-Tangible-Equity was 119.55%. The lowest was -374.21%. And the median was -356.11%.

XMAD:COXG's Return-on-Tangible-Equity is ranked better than
95.08% of 427 companies
in the Utilities - Independent Power Producers industry
Industry Median: 4.68 vs XMAD:COXG: 119.55

COX ABG Group  (XMAD:COXG) 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.


COX ABG Group Return-on-Tangible-Equity Related Terms


COX ABG Group Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for COX ABG Group'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.

COX ABG Group Return-on-Tangible-Equity Chart

COX ABG Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial -356.11 0.00 Negative Tangible Equity Negative Tangible Equity 66.98

COX ABG Group Semi-Annual Data
Dec19 Dec20 Dec21 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity 111.26

COX ABG Group Return-on-Tangible-Equity Competitor Comparison

For the Utilities - Renewable subindustry, COX ABG Group'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.


COX ABG Group Return-on-Tangible-Equity vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, COX ABG Group's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where COX ABG Group's Return-on-Tangible-Equity falls into.


XMAD:COXG
28GF Score
COX ABG Group SA XMAD:COXG
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

COX ABG Group Return-on-Tangible-Equity Calculation

COX ABG Group'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 )
=68.159/( (-27.282+230.802 )/ 2 )
=68.159/101.76
=66.98 %

COX ABG Group's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=110.326/( (-32.484+230.802)/ 2 )
=110.326/99.159
=111.26 %

* 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 111.26% mean?
COX ABG Group (XMAD:COXG) has a Return-on-Tangible-Equity of 111.26% 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 COX ABG Group and its competitors. According to the industry distribution chart, COX ABG Group ranks #21 out of 427 companies in the Utilities - Independent Power Producers industry, placing it in the top 4.9%.
Is COX ABG Group's Return-on-Tangible-Equity too high?
COX ABG Group's current Return-on-Tangible-Equity is 111.26%. The Utilities - Independent Power Producers industry median Return-on-Tangible-Equity is 4.68. COX ABG Group's value of 111.26% is 2277.4% above this industry median. Based on the distribution chart, COX ABG Group ranks #21 out of 427 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, COX ABG Group has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does COX ABG Group's Return-on-Tangible-Equity compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, COX ABG Group ranks #21 out of 427 companies for Return-on-Tangible-Equity. This places COX ABG Group in the top 5% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 4.68. COX ABG Group's value of 111.26% is 2277.4% above this benchmark. 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 - Independent Power Producers company?
The median Return-on-Tangible-Equity among Utilities - Independent Power Producers companies is 4.68, based on 427 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. COX ABG Group's current Return-on-Tangible-Equity of 111.26% is 2277.4% 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 COX ABG Group and its competitors. For the Utilities - Independent Power Producers industry, the median Return-on-Tangible-Equity is 4.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. COX ABG Group's current Return-on-Tangible-Equity is 111.26%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is COX ABG Group stock overvalued right now?
COX ABG Group (XMAD:COXG) has a current Return-on-Tangible-Equity of 111.26%. The current Return-on-Tangible-Equity is 111.26% and 2277.4% above the Utilities - Independent Power Producers industry median of 4.68. COX ABG Group's overall GF Score™ is 28/100 with 5 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 COX ABG Group (XMAD:COXG), the current Return-on-Tangible-Equity is 111.26% 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.

COX ABG Group Business Description

Address Calle Eucalipto numero 25, 1 planta, Madrid, ESP, 28016
COX ABG Group SA is a vertically and horizontally integrated utility of water and energy. In addition to the water and energy divisions, Cox also provides services including engineering and procurement (EP) and operations & maintenance (O&M) for third parties.
28GF Score

Get the complete analysis for XMAD:COXG

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

€11.80
Price