Empresa Metropolitana de Aguas & Energia (BSP:EMAE4) ROCE %: 8.77% (As of Mar. 2026)


BSP:EMAE4 Empresa Metropolitana de Aguas & Energia SA BSP:EMAE4
63 GF Score
Price R$38.00
GF Value R$37.23
Valuation Fairly Valued
! 3 Warning Signs
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What is Empresa Metropolitana de Aguas & Energia ROCE %?

Empresa Metropolitana de Aguas & Energia BSP:EMAE4 -2.06% 63 ROCE % is 8.77% as of Mar. 2026. GuruFocus rates BSP:EMAE4 with a GF Score™ of 63/100 and a GF Value™ of R$37.23 (Fairly Valued). The stock has 3 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Empresa Metropolitana de Aguas & Energia's annualized ROCE % for the quarter that ended in Mar. 2026 was 8.77%.

Empresa Metropolitana de Aguas & Energia  (BSP:EMAE4) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Empresa Metropolitana de Aguas & Energia ROCE % Related Terms

Empresa Metropolitana de Aguas & Energia ROCE % Historical Data

* Premium members only.

The historical data trend for Empresa Metropolitana de Aguas & Energia's ROCE % 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.

Empresa Metropolitana de Aguas & Energia ROCE % Chart

Empresa Metropolitana de Aguas & Energia Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.77 4.64 8.99 0.99 -13.64

Empresa Metropolitana de Aguas & Energia Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % 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 5.86 8.59 56.21 -127.24 8.77
BSP:EMAE4
63GF Score
Empresa Metropolitana de Aguas & Energia SA BSP:EMAE4
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Empresa Metropolitana de Aguas & Energia ROCE % Calculation

Empresa Metropolitana de Aguas & Energia's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=-222.849/( ( (1804.365 - 146.825) + (1769.992 - 161.124) )/ 2 )
=-222.849/( (1657.54+1608.868)/ 2 )
=-222.849/1633.204
=-13.64 %

Empresa Metropolitana de Aguas & Energia's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=142.74/( ( (1769.992 - 161.124) + (1819.665 - 171.837) )/ 2 )
=142.74/( ( 1608.868 + 1647.828 )/ 2 )
=142.74/1628.348
=8.77 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 8.77% mean?
Empresa Metropolitana de Aguas & Energia (BSP:EMAE4) has a ROCE % of 8.77% as of Mar. 2026.
Is Empresa Metropolitana de Aguas & Energia's ROCE % too high?
Empresa Metropolitana de Aguas & Energia's current ROCE % is 8.77%. The Utilities - Regulated industry median ROCE % is 6.91. Empresa Metropolitana de Aguas & Energia's value of 8.77% is 26.9% above this industry median. Overall, Empresa Metropolitana de Aguas & Energia has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Empresa Metropolitana de Aguas & Energia's ROCE % compare to SRE?
Empresa Metropolitana de Aguas & Energia's ROCE % of 8.77% can be compared against companies in the Utilities - Regulated industry. The industry median ROCE % is 6.91. Empresa Metropolitana de Aguas & Energia's value of 8.77% is 26.9% 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 ROCE % for an Utilities - Regulated company?
The median ROCE % among Utilities - Regulated companies is 6.91, based on 504 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Empresa Metropolitana de Aguas & Energia's current ROCE % of 8.77% is 26.9% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Utilities - Regulated industry, the median ROCE % is 6.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Empresa Metropolitana de Aguas & Energia's current ROCE % is 8.77%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Empresa Metropolitana de Aguas & Energia stock overvalued right now?
Based on GuruFocus' analysis, Empresa Metropolitana de Aguas & Energia (BSP:EMAE4) is currently considered Fairly Valued. The stock's GF Value™ is R$37.23, compared to a current price of R$38.00 — trading 2.1% above its estimated fair value. The current ROCE % is 8.77% and 26.9% above the Utilities - Regulated industry median of 6.91. Empresa Metropolitana de Aguas & Energia's overall GF Score™ is 63/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Empresa Metropolitana de Aguas & Energia (BSP:EMAE4), the current ROCE % is 8.77% 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 Empresa Metropolitana de Aguas & Energia (BSP:EMAE4) Overvalued in 2026?

Based on GuruFocus' analysis, Empresa Metropolitana de Aguas & Energia stock appears to be overvalued. The current stock price of R$38.00 is trading 2.1% above its estimated GF Value™ of R$37.23. GuruFocus considers Empresa Metropolitana de Aguas & Energia to be Fairly Valued.

Key valuation signals for BSP:EMAE4:

  • ROCE %: 8.77%
  • GF Value™: R$37.23 vs. price of R$38.00 (2.1% above fair value)
  • GF Score™: 63/100 with 3 warning signs
  • Industry Position: 26.9% above the Utilities - Regulated median

No single metric tells the full story. See the BSP:EMAE4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Empresa Metropolitana de Aguas & Energia Business Description

Address Avenida Jornalista Roberto Marinho, No. 85, 16th Floor 17 andares, Bairro de Cidade Moncoes, Sao Paulo, SP, BRA, 04576-010
Empresa Metropolitana de Aguas & Energia SA is engaged in electricity generation. The company manages a complex hydraulic system that includes dykes, dams, and reservoirs, with notable ones being Billings and Guarapiranga, located in the southern zone of Sao Paulo city, as well as the Sao Paulo and Pedreira pumping stations and the Pinheiros River canal. The company's activities include electricity supply, the construction of energy generation assets, and the provision of operation and maintenance services for power plants and related structures, serving both private companies and public sector entities.
63GF Score

Get the complete analysis for BSP:EMAE4

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

R$38.00
Price
R$37.23
GF Value