A2A SpA (HAM:EAM) ROE % Adjusted to Book Value: 11.50% (As of Mar. 2026)


HAM:EAM A2A SpA HAM:EAM
77 GF Score
Price €2.13
GF Value €2.24
! 2 Warning Signs
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What is A2A SpA ROE % Adjusted to Book Value?

A2A SpA HAM:EAM +0.52% 77 ROE % Adjusted to Book Value is 11.50% as of Mar. 2026. GuruFocus rates HAM:EAM with a GF Score™ of 77/100 and a GF Value™ of €2.24. The stock has 2 warning signs investors should review.

A2A SpA's ROE % for the quarter that ended in Mar. 2026 was 14.37%. A2A SpA's PB Ratio for the quarter that ended in Mar. 2026 was 1.25. A2A SpA's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was 11.50%.

A2A SpA ROE % Adjusted to Book Value Related Terms

A2A SpA ROE % Adjusted to Book Value Historical Data

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The historical data trend for A2A SpA's ROE % Adjusted to Book Value 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.

A2A SpA ROE % Adjusted to Book Value Chart

A2A SpA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 44.55 34.90 57.82 84.19 10.83

A2A SpA Quarterly Data
Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Adjusted to Book Value 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 87.14 59.90 49.86 9.64 11.50

HAM:EAM vs SRE: ROE % Adjusted to Book Value Comparison

For the Utilities - Diversified subindustry, A2A SpA's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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.

A2A SpA ROE % Adjusted to Book Value vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, A2A SpA's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where A2A SpA's ROE % Adjusted to Book Value falls into.


HAM:EAM
77GF Score
A2A SpA HAM:EAM
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
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A2A SpA ROE % Adjusted to Book Value Calculation

A2A SpA's ROE % Adjusted to Book Value for the fiscal year that ended in Dec. 2025 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=13.10% / 1.21
=10.83%

A2A SpA's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=14.37% / 1.25
=11.50%

* 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.

What does a ROE % Adjusted to Book Value of 11.50% mean?
A2A SpA (HAM:EAM) has a ROE % Adjusted to Book Value of 11.50% as of Mar. 2026. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on A2A SpA and its competitors.
Is A2A SpA's ROE % Adjusted to Book Value too high?
A2A SpA's current ROE % Adjusted to Book Value is 11.50%. Overall, A2A SpA has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does A2A SpA's ROE % Adjusted to Book Value compare to SRE?
A2A SpA's ROE % Adjusted to Book Value of 11.50% can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % Adjusted to Book Value for an Utilities - Regulated company?
A good ROE % Adjusted to Book Value depends on the Utilities - Regulated industry context. However, ROE % Adjusted to Book Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % Adjusted to Book Value mean?
A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on A2A SpA and its competitors. A2A SpA's current ROE % Adjusted to Book Value is 11.50%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is A2A SpA stock overvalued right now?
A2A SpA (HAM:EAM) has a current ROE % Adjusted to Book Value of 11.50%. The stock's GF Value™ is €2.24, compared to a current price of €2.13 — trading 4.8% below its estimated fair value. The current ROE % Adjusted to Book Value is 11.50%. A2A SpA's overall GF Score™ is 77/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For A2A SpA (HAM:EAM), the current ROE % Adjusted to Book Value is 11.50% 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 A2A SpA (HAM:EAM) Overvalued in 2026?

Based on GuruFocus' analysis, A2A SpA stock appears to be undervalued. The current stock price of €2.13 is trading 4.8% below its estimated GF Value™ of €2.24.

Key valuation signals for HAM:EAM:

  • ROE % Adjusted to Book Value: 11.50%
  • GF Value™: €2.24 vs. price of €2.13 (4.8% below fair value)
  • GF Score™: 77/100 with 2 warning signs

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

A2A SpA Business Description

Address Via Lamarmora 230, Brescia, ITA, 25124
A2A SpA together with its subsidiaries is engaged in the production, sale, and distribution of electricity; sale and distribution of gas; production, distribution, and sale of heat through district heating networks, technical consultancy relating to energy efficiency certificates, waste management (from collection and sweeping to disposal) and the construction and management of integrated waste disposal plants and systems, also making these available for other operators, and integrated water cycle management.
77GF Score

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

€2.13
Price
€2.24
GF Value