BSP:EQMA3B's ROA % is ranked better than 88.26% of 511
companies
in the Utilities - Regulated industry
Industry Median: 3.07
vs BSP:EQMA3B: 7.80
Equatorial MaranhaoDistribuidora de Energia (BSP:EQMA3B) 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.
Equatorial MaranhaoDistribuidora de Energia ROA % Related Terms
Equatorial MaranhaoDistribuidora de Energia 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.
Equatorial MaranhaoDistribuidora de Energia ROA % Chart
Equatorial MaranhaoDistribuidora de Energia Annual Data
For the Utilities - Regulated Electric subindustry, Equatorial MaranhaoDistribuidora de Energia'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.
Equatorial MaranhaoDistribuidora de Energia 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.
Equatorial MaranhaoDistribuidora de Energia (BSP:EQMA3B) has a ROA % of 9.60% 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 Equatorial MaranhaoDistribuidora de Energia and its competitors. This is 14% above median its historical median of 8.40. Over the past decade, Equatorial MaranhaoDistribuidora de Energia's ROA % has ranged from 6.73 to 12.01. According to the industry distribution chart, Equatorial MaranhaoDistribuidora de Energia ranks #60 out of 511 companies in the Utilities - Regulated industry, placing it in the top 11.7%.
Is Equatorial MaranhaoDistribuidora de Energia's ROA % too high?
Equatorial MaranhaoDistribuidora de Energia's current ROA % of 9.60% is 14% above median its 10-year median of 8.40. Over the past 10 years, this metric has ranged from a low of 6.73 to a high of 12.01. The Utilities - Regulated industry median ROA % is 3.07. Equatorial MaranhaoDistribuidora de Energia's value of 9.60% is 212.7% above this industry median. Based on the distribution chart, Equatorial MaranhaoDistribuidora de Energia ranks #60 out of 511 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Equatorial MaranhaoDistribuidora de Energia has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Equatorial MaranhaoDistribuidora de Energia's ROA % compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Equatorial MaranhaoDistribuidora de Energia ranks #60 out of 511 companies for ROA %. This places Equatorial MaranhaoDistribuidora de Energia in the top 12% of its industry — outperforming the majority of peers. The industry median ROA % is 3.07. Equatorial MaranhaoDistribuidora de Energia's value of 9.60% is 212.7% above this benchmark. Historically, Equatorial MaranhaoDistribuidora de Energia's own ROA % has ranged from 6.73 to 12.01 over the past decade. While the company's 10-year median is 8.40 vs. the industry median of 3.07, Equatorial MaranhaoDistribuidora de Energia 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 3.07, based on 511 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. Equatorial MaranhaoDistribuidora de Energia's current ROA % of 9.60% is 212.7% 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 Equatorial MaranhaoDistribuidora de Energia and its competitors. For the Utilities - Regulated industry, the median ROA % is 3.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Equatorial MaranhaoDistribuidora de Energia's current ROA % is 9.60%, which is 14% above median its own 10-year median of 8.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Equatorial MaranhaoDistribuidora de Energia stock overvalued right now?
Based on GuruFocus' analysis, Equatorial MaranhaoDistribuidora de Energia (BSP:EQMA3B) is currently considered Modestly Undervalued. The stock's GF Value™ is R$33.96, compared to a current price of R$30.02 — trading 11.6% below its estimated fair value. The current ROA % is 9.60%, which is 14% above median its 10-year median of 8.40 and 212.7% above the Utilities - Regulated industry median of 3.07. Equatorial MaranhaoDistribuidora de Energia's overall GF Score™ is 81/100 with 6 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 Equatorial MaranhaoDistribuidora de Energia (BSP:EQMA3B), the current ROA % is 9.60% 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 Equatorial MaranhaoDistribuidora de Energia (BSP:EQMA3B) Overvalued in 2026?
Based on GuruFocus' analysis, Equatorial MaranhaoDistribuidora de Energia stock appears to be undervalued.
The current stock price of R$30.02 is trading 11.6% below its estimated GF Value™ of R$33.96.
GuruFocus considers Equatorial MaranhaoDistribuidora de Energia to be Modestly Undervalued.
Key valuation signals for BSP:EQMA3B:
ROA %: 9.60% (14% above median its 10-year median of 8.40)
GF Value™: R$33.96 vs. price of R$30.02 (11.6% below fair value)
Industry Position: 212.7% above the Utilities - Regulated median (#60 of 511)
No single metric tells the full story. See the BSP:EQMA3B stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Equatorial MaranhaoDistribuidora de Energia Business Description
Equatorial MaranhaoDistribuidora de Energia SA develops, produces and generates electric power. The company distributes electric energy for residential, commercial, rural and industrial consumption, corporate, real estate, and public power customers in Brazil.
81GF Score
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