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CIA Distrib de Gas do Rio de Janeiro - CEG (BSP:CEGR3) ROA % Explanation
ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A banks ROA % is typically well under 2%.
Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:
Note:
The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.
* 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.
Be Aware
Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.
E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.
CIA Distrib de Gas do Rio de Janeiro - CEG ROA % Related Terms
CIA Distrib de Gas do Rio de Janeiro - CEG ROA % Historical Data
* 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.
CIA Distrib de Gas do Rio de Janeiro - CEG ROA % Chart
CIA Distrib de Gas do Rio de Janeiro - CEG Annual Data
For the Utilities - Regulated Gas subindustry, CIA Distrib de Gas do Rio de Janeiro - CEG's ROA %, along with its competitors' market caps and ROA % 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.
CIA Distrib de Gas do Rio de Janeiro - CEG ROA % vs Utilities - Regulated Industry
* 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 ROA %, the net income of the last fiscal year and the average total assets 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.
ROA % is displayed in the 30-year financial page.
CIA Distrib de Gas do Rio de Janeiro - CEG (BSP:CEGR3) has a ROA % of 11.66% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on CIA Distrib de Gas do Rio de Janeiro - CEG and its competitors. This is near median its historical median of 11.47. Over the past decade, CIA Distrib de Gas do Rio de Janeiro - CEG's ROA % has ranged from 5.45 to 14.31. According to the industry distribution chart, CIA Distrib de Gas do Rio de Janeiro - CEG ranks #22 out of 510 companies in the Utilities - Regulated industry, placing it in the top 4.3%.
Is CIA Distrib de Gas do Rio de Janeiro - CEG's ROA % too high?
CIA Distrib de Gas do Rio de Janeiro - CEG's current ROA % of 11.66% is near median its 10-year median of 11.47. Over the past 10 years, this metric has ranged from a low of 5.45 to a high of 14.31. The Utilities - Regulated industry median ROA % is 3.05. CIA Distrib de Gas do Rio de Janeiro - CEG's value of 11.66% is 282.3% above this industry median. Based on the distribution chart, CIA Distrib de Gas do Rio de Janeiro - CEG ranks #22 out of 510 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, CIA Distrib de Gas do Rio de Janeiro - CEG has a GF Score™ of 73/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CIA Distrib de Gas do Rio de Janeiro - CEG's ROA % compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, CIA Distrib de Gas do Rio de Janeiro - CEG ranks #22 out of 510 companies for ROA %. This places CIA Distrib de Gas do Rio de Janeiro - CEG in the top 4% of its industry — outperforming the majority of peers. The industry median ROA % is 3.05. CIA Distrib de Gas do Rio de Janeiro - CEG's value of 11.66% is 282.3% above this benchmark. Historically, CIA Distrib de Gas do Rio de Janeiro - CEG's own ROA % has ranged from 5.45 to 14.31 over the past decade. While the company's 10-year median is 11.47 vs. the industry median of 3.05, CIA Distrib de Gas do Rio de Janeiro - CEG 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 ROA % for an Utilities - Regulated company?
The median ROA % among Utilities - Regulated companies is 3.05, based on 510 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. CIA Distrib de Gas do Rio de Janeiro - CEG's current ROA % of 11.66% is 282.3% 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on CIA Distrib de Gas do Rio de Janeiro - CEG and its competitors. For the Utilities - Regulated industry, the median ROA % is 3.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CIA Distrib de Gas do Rio de Janeiro - CEG's current ROA % is 11.66%, which is near median its own 10-year median of 11.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CIA Distrib de Gas do Rio de Janeiro - CEG stock overvalued right now?
Based on GuruFocus' analysis, CIA Distrib de Gas do Rio de Janeiro - CEG (BSP:CEGR3) is currently considered Significantly Undervalued. The stock's GF Value™ is R$55.23, compared to a current price of R$35.00 — trading 36.6% below its estimated fair value. The current ROA % is 11.66%, which is near median its 10-year median of 11.47 and 282.3% above the Utilities - Regulated industry median of 3.05. CIA Distrib de Gas do Rio de Janeiro - CEG's overall GF Score™ is 73/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For CIA Distrib de Gas do Rio de Janeiro - CEG (BSP:CEGR3), the current ROA % is 11.66% 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 CIA Distrib de Gas do Rio de Janeiro - CEG (BSP:CEGR3) Overvalued in 2026?
Based on GuruFocus' analysis, CIA Distrib de Gas do Rio de Janeiro - CEG stock appears to be undervalued.
The current stock price of R$35.00 is trading 36.6% below its estimated GF Value™ of R$55.23.
GuruFocus considers CIA Distrib de Gas do Rio de Janeiro - CEG to be Significantly Undervalued.
Key valuation signals for BSP:CEGR3:
ROA %: 11.66% (near median its 10-year median of 11.47)
GF Value™: R$55.23 vs. price of R$35.00 (36.6% below fair value)
Industry Position: 282.3% above the Utilities - Regulated median (#22 of 510)
No single metric tells the full story. See the BSP:CEGR3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CIA Distrib de Gas do Rio de Janeiro - CEG operate as a public gas services, of any type and origin, in the State of Rio de Janeiro and to explore, exclusively, the distribution of piped gas. It distributes natural gas for the residential, commercial, industrial, electrical power generation sectors and also for compressed natural gas stations.
73GF Score
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