NRGIY (Neoenergia) ROCE %: 13.19% (As of Mar. 2026)


NRGIY Neoenergia SA NRGIY
63 GF Score
Price $24.00
GF Value $16.39
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Neoenergia ROCE %?

Neoenergia NRGIY 63 ROCE % is 13.19% as of Mar. 2026. GuruFocus rates NRGIY with a GF Score™ of 63/100 and a GF Value™ of $16.39 (Significantly Overvalued). The stock has 8 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. Neoenergia's annualized ROCE % for the quarter that ended in Mar. 2026 was 13.19%.

Neoenergia  (OTCPK:NRGIY) 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.

Neoenergia ROCE % Related Terms

Neoenergia ROCE % Historical Data

* Premium members only.

The historical data trend for Neoenergia'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.

Neoenergia ROCE % Chart

Neoenergia 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 12.63 13.61 12.26 9.88 12.26

Neoenergia 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 13.21 11.06 10.70 12.55 13.19
NRGIY
63GF Score
Neoenergia SA NRGIY
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Neoenergia ROCE % Calculation

Neoenergia'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 )
=1999.194/( ( (17954.598 - 3355.188) + (21863.006 - 3849.185) )/ 2 )
=1999.194/( (14599.41+18013.821)/ 2 )
=1999.194/16306.6155
=12.26 %

Neoenergia'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 )
=2496.56/( ( (21863.006 - 3849.185) + (23636.989 - 3790.538) )/ 2 )
=2496.56/( ( 18013.821 + 19846.451 )/ 2 )
=2496.56/18930.136
=13.19 %

(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 13.19% mean?
Neoenergia (NRGIY) has a ROCE % of 13.19% as of Mar. 2026.
Is Neoenergia's ROCE % too high?
Neoenergia's current ROCE % is 13.19%. The Utilities - Regulated industry median ROCE % is 6.91. Neoenergia's value of 13.19% is 90.9% above this industry median. Overall, Neoenergia has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Neoenergia's ROCE % compare to NEE and SO?
Neoenergia's ROCE % of 13.19% can be compared against companies in the Utilities - Regulated industry. The industry median ROCE % is 6.91. Neoenergia's value of 13.19% is 90.9% 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. Neoenergia's current ROCE % of 13.19% is 90.9% 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. Neoenergia's current ROCE % is 13.19%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neoenergia stock overvalued right now?
Based on GuruFocus' analysis, Neoenergia (NRGIY) is currently considered Significantly Overvalued. The stock's GF Value™ is $16.39, compared to a current price of $24.00 — trading 46.4% above its estimated fair value. The current ROCE % is 13.19% and 90.9% above the Utilities - Regulated industry median of 6.91. Neoenergia's overall GF Score™ is 63/100 with 8 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 Neoenergia (NRGIY), the current ROCE % is 13.19% 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 Neoenergia (NRGIY) Overvalued in 2026?

Based on GuruFocus' analysis, Neoenergia stock appears to be overvalued. The current stock price of $24.00 is trading 46.4% above its estimated GF Value™ of $16.39. GuruFocus considers Neoenergia to be Significantly Overvalued.

Key valuation signals for NRGIY:

  • ROCE %: 13.19%
  • GF Value™: $16.39 vs. price of $24.00 (46.4% above fair value)
  • GF Score™: 63/100 with 8 warning signs
  • Industry Position: 90.9% above the Utilities - Regulated median

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

Neoenergia Business Description

Other Exchanges NEOE3:Brazil
Address Praia do Flamengo 78, 3rd floor, Flamengo, RJ, BRA
Neoenergia SA is principally dedicated to the activities of distribution, transmission, generation, and commercialization of electricity. The main activities of the operating segments are as follows: (i) Networks - comprising business lines related to concessions for electricity distribution and transmission services; (ii) Renewables - comprising activities related to concessions for electricity generation services from renewable natural sources, such as wind farms, solar farms and hydroelectric plants; (iii) Liberalized - comprising electricity generation activities from thermal power plants and energy trading activities; and (iv) Other - including corporate and operational support activities. The company generates the majority of its revenue from Networks segment.
63GF Score

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

$24.00
Price
$16.39
GF Value