CIA Energetica Do Ceara - COELCEBSP:COCE3 63 ROA % is 3.53% as of Mar. 2026, which is 30% below its 10-year median of 5.04. GuruFocus rates BSP:COCE3 with a GF Score™ of 63/100 and a GF Value™ of R$35.68 (Fairly Valued). The stock has 5 warning signs investors should review. Among 513 Utilities - Regulated companies, CIA Energetica Do Ceara - COELCE ranks better than 52.83% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. CIA Energetica Do Ceara - COELCE's annualizedNet Income for the quarter that ended in Mar. 2026 was R$581 Mil.
CIA Energetica Do Ceara - COELCE's average Total Assets over the quarter that ended in Mar. 2026 was R$16,437 Mil. Therefore, CIA Energetica Do Ceara - COELCE's annualized ROA % for the quarter that ended in Mar. 2026 was 3.53%.
BSP:COCE3'
s ROA % Range Over the Past 10 Years
Min: 2.48 Med: 5.04 Max: 8.25
Current: 3.21
During the past 13 years, CIA Energetica Do Ceara - COELCE's highest ROA % was 8.25%. The lowest was 2.48%. And the median was 5.04%.
BSP:COCE3's ROA % is ranked better than 52.83% of 513
companies
in the Utilities - Regulated industry
Industry Median: 3.05
vs BSP:COCE3: 3.21
CIA Energetica Do Ceara - COELCE (BSP:COCE3) 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 Energetica Do Ceara - COELCE ROA % Related Terms
CIA Energetica Do Ceara - COELCE 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.
For the Utilities - Regulated Electric subindustry, CIA Energetica Do Ceara - COELCE'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 Energetica Do Ceara - COELCE ROA % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, CIA Energetica Do Ceara - COELCE's ROA % distribution charts can be found below:
* The bar in red indicates where CIA Energetica Do Ceara - COELCE's ROA % 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 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 Energetica Do Ceara - COELCE (BSP:COCE3) has a ROA % of 3.53% 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 Energetica Do Ceara - COELCE and its competitors. This is 30% below median its historical median of 5.04. Over the past decade, CIA Energetica Do Ceara - COELCE's ROA % has ranged from 2.48 to 8.25. According to the industry distribution chart, CIA Energetica Do Ceara - COELCE ranks #242 out of 513 companies in the Utilities - Regulated industry, placing it in the top 47.2%.
Is CIA Energetica Do Ceara - COELCE's ROA % too high?
CIA Energetica Do Ceara - COELCE's current ROA % of 3.53% is 30% below median its 10-year median of 5.04. Over the past 10 years, this metric has ranged from a low of 2.48 to a high of 8.25. The Utilities - Regulated industry median ROA % is 3.05. CIA Energetica Do Ceara - COELCE's value of 3.53% is 15.7% above this industry median. Based on the distribution chart, CIA Energetica Do Ceara - COELCE ranks #242 out of 513 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, CIA Energetica Do Ceara - COELCE has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CIA Energetica Do Ceara - COELCE's ROA % compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, CIA Energetica Do Ceara - COELCE ranks #242 out of 513 companies for ROA %. This puts CIA Energetica Do Ceara - COELCE in the upper half of its industry. The industry median ROA % is 3.05. CIA Energetica Do Ceara - COELCE's value of 3.53% is 15.7% above this benchmark. Historically, CIA Energetica Do Ceara - COELCE's own ROA % has ranged from 2.48 to 8.25 over the past decade. While the company's 10-year median is 5.04 vs. the industry median of 3.05, CIA Energetica Do Ceara - COELCE 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 513 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 Energetica Do Ceara - COELCE's current ROA % of 3.53% is 15.7% 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 Energetica Do Ceara - COELCE 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 Energetica Do Ceara - COELCE's current ROA % is 3.53%, which is 30% below median its own 10-year median of 5.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CIA Energetica Do Ceara - COELCE stock overvalued right now?
Based on GuruFocus' analysis, CIA Energetica Do Ceara - COELCE (BSP:COCE3) is currently considered Fairly Valued. The stock's GF Value™ is R$35.68, compared to a current price of R$33.32 — trading 6.6% below its estimated fair value. The current ROA % is 3.53%, which is 30% below median its 10-year median of 5.04 and 15.7% above the Utilities - Regulated industry median of 3.05. CIA Energetica Do Ceara - COELCE's overall GF Score™ is 63/100 with 5 warning signs 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 Energetica Do Ceara - COELCE (BSP:COCE3), the current ROA % is 3.53% 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 Energetica Do Ceara - COELCE (BSP:COCE3) Overvalued in 2026?
Based on GuruFocus' analysis, CIA Energetica Do Ceara - COELCE stock appears to be undervalued.
The current stock price of R$33.32 is trading 6.6% below its estimated GF Value™ of R$35.68.
GuruFocus considers CIA Energetica Do Ceara - COELCE to be Fairly Valued.
Key valuation signals for BSP:COCE3:
ROA %: 3.53% (30% below median its 10-year median of 5.04)
GF Value™: R$35.68 vs. price of R$33.32 (6.6% below fair value)
Industry Position: 15.7% above the Utilities - Regulated median (#242 of 513)
No single metric tells the full story. See the BSP:COCE3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CIA Energetica Do Ceara - COELCE Business Description
CIA Energetica Do Ceara - COELCE is primarily engaged in the generation and sale of electricity business activities. It also involved in development, distribution, and marketing of electrical power. In addition, the company involved in the distribution of electrical power for industrial, rural, public and residential consumption. It derives most of its revenues from the sale of the electricity business activities and has operations spread across Brazil.
63GF Score
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