Ampla Energia E Servicos (BSP:CBEE3) ROC %: 6.81% (As of Mar. 2026)

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.

BSP:CBEE3 Ampla Energia E Servicos SA BSP:CBEE3
50 GF Score
Price R$10.15
GF Value R$9.18
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Ampla Energia E Servicos ROC %?

Ampla Energia E Servicos BSP:CBEE3 +1.10% 50 ROC % is 6.81% as of Mar. 2026. GuruFocus rates BSP:CBEE3 with a GF Score™ of 50/100 and a GF Value™ of R$9.18 (Modestly Overvalued). The stock has 4 warning signs investors should review.

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Ampla Energia E Servicos's annualized return on capital (ROC %) for the quarter that ended in Mar. 2026 was 6.81%.

As of today (2026-07-14), Ampla Energia E Servicos's WACC % is -0.48%. Ampla Energia E Servicos's ROC % is 0.00% (calculated using TTM income statement data). Ampla Energia E Servicos generates higher returns on investment than it costs the company to raise the capital needed for that investment. It is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases.


Ampla Energia E Servicos  (BSP:CBEE3) ROC % Explanation

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Ampla Energia E Servicos's WACC % is -0.48%. Ampla Energia E Servicos's ROC % is 0.00% (calculated using TTM income statement data). Ampla Energia E Servicos generates higher returns on investment than it costs the company to raise the capital needed for that investment. It is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases.


Be Aware

Like ROE % and ROA %, ROC % is calculated with only 12 months of 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.


Ampla Energia E Servicos ROC % Related Terms


Ampla Energia E Servicos ROC % Historical Data

* Premium members only.

The historical data trend for Ampla Energia E Servicos's ROC % 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.

Ampla Energia E Servicos ROC % Chart

Ampla Energia E Servicos Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.39 6.64 4.11 6.57 0.62

Ampla Energia E Servicos Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.86 1.85 1.95 9.58 6.81
BSP:CBEE3
50GF Score
Ampla Energia E Servicos SA BSP:CBEE3
ROC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ampla Energia E Servicos ROC % Calculation

Ampla Energia E Servicos's annualized Return on Capital (ROC %) for the fiscal year that ended in Dec. 2025 is calculated as:

ROC % (A: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2024 ) + Invested Capital (A: Dec. 2025 ))/ count )
=1460.058 * ( 1 - 91.35% )/( (19730.372 + 20767.17)/ 2 )
=126.295017/20248.771
=0.62 %

where

Invested Capital(A: Dec. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=19631.323 - 2119.94 - ( 421.212 - max(0, 6520.761 - 4301.772+421.212))
=19730.372

Invested Capital(A: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=21448.777 - 2919.083 - ( 834.023 - max(0, 7004.132 - 4766.656+834.023))
=20767.17

Ampla Energia E Servicos's annualized Return on Capital (ROC %) for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=1880.084 * ( 1 - 22.36% )/( (20767.17 + 22121.66)/ 2 )
=1459.6972176/21444.415
=6.81 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=21448.777 - 2919.083 - ( 834.023 - max(0, 7004.132 - 4766.656+834.023))
=20767.17

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=22330.928 - 2521.608 - ( 754.025 - max(0, 7302.189 - 4989.849+754.025))
=22121.66

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data. The tax rate is limited to between 0% and 100%.

* 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.

Frequently Asked Questions Learn more about ROC % →
What does a ROC % of 6.81% mean?
Ampla Energia E Servicos (BSP:CBEE3) has a ROC % of 6.81% as of Mar. 2026. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Ampla Energia E Servicos and its competitors.
Is Ampla Energia E Servicos' ROC % too high?
Ampla Energia E Servicos' current ROC % is 6.81%. The Utilities - Regulated industry median ROC % is 4.17. Ampla Energia E Servicos' value of 6.81% is 63.3% above this industry median. Overall, Ampla Energia E Servicos has a GF Score™ of 50/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ampla Energia E Servicos' ROC % compare to NEE and SO?
Ampla Energia E Servicos' ROC % of 6.81% can be compared against companies in the Utilities - Regulated industry. The industry median ROC % is 4.17. Ampla Energia E Servicos' value of 6.81% is 63.3% 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 ROC % for an Utilities - Regulated company?
The median ROC % among Utilities - Regulated companies is 4.17, based on 501 companies in the industry. Companies in the top quartile (top 25%) have a ROC % significantly above this median, while those in the bottom quartile fall well below. However, ROC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ampla Energia E Servicos's current ROC % of 6.81% is 63.3% 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 ROC % mean?
A high ROC % can signal that a stock is expensive relative to its fundamentals. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Ampla Energia E Servicos and its competitors. For the Utilities - Regulated industry, the median ROC % is 4.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ampla Energia E Servicos's current ROC % is 6.81%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ampla Energia E Servicos stock overvalued right now?
Based on GuruFocus' analysis, Ampla Energia E Servicos (BSP:CBEE3) is currently considered Modestly Overvalued. The stock's GF Value™ is R$9.18, compared to a current price of R$10.15 — trading 10.6% above its estimated fair value. The current ROC % is 6.81% and 63.3% above the Utilities - Regulated industry median of 4.17. Ampla Energia E Servicos' overall GF Score™ is 50/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC % calculated?
ROC % is calculated from a company's financial statements. For Ampla Energia E Servicos (BSP:CBEE3), the current ROC % is 6.81% 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 Ampla Energia E Servicos (BSP:CBEE3) Overvalued in 2026?

Based on GuruFocus' analysis, Ampla Energia E Servicos stock appears to be overvalued. The current stock price of R$10.15 is trading 10.6% above its estimated GF Value™ of R$9.18. GuruFocus considers Ampla Energia E Servicos to be Modestly Overvalued.

Key valuation signals for BSP:CBEE3:

  • ROC %: 6.81%
  • GF Value™: R$9.18 vs. price of R$10.15 (10.6% above fair value)
  • GF Score™: 50/100 with 4 warning signs
  • Industry Position: 63.3% above the Utilities - Regulated median

No single metric tells the full story. See the BSP:CBEE3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ampla Energia E Servicos Business Description

Address Praca Leoni Ramos 01, Niteroi, RJ, BRA, 24210205
Ampla Energia E Servicos SA is engaged in the distribution and sale of electricity to residential, commercial, and industrial customers in Brazil. It also participates in the research linked to electric industries.
50GF Score

Get the complete analysis for BSP:CBEE3

ROC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$10.15
Price
R$9.18
GF Value