Naturgy Energy Group (HAM:GAN) ROE % Adjusted to Book Value: 8.09% (As of Dec. 2025)


HAM:GAN Naturgy Energy Group SA HAM:GAN
65 GF Score
Price €27.36
GF Value €22.19
! 7 Warning Signs
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What is Naturgy Energy Group ROE % Adjusted to Book Value?

Naturgy Energy Group HAM:GAN -0.07% 65 ROE % Adjusted to Book Value is 8.09% as of Dec. 2025. GuruFocus rates HAM:GAN with a GF Score™ of 65/100 and a GF Value™ of €22.19. The stock has 7 warning signs investors should review.

Naturgy Energy Group's ROE % for the quarter that ended in Dec. 2025 was 20.46%. Naturgy Energy Group's PB Ratio for the quarter that ended in Dec. 2025 was 2.53. Naturgy Energy Group's ROE % Adjusted to Book Value for the quarter that ended in Dec. 2025 was 8.09%.


Naturgy Energy Group ROE % Adjusted to Book Value Related Terms


Naturgy Energy Group ROE % Adjusted to Book Value Historical Data

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The historical data trend for Naturgy Energy Group'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.

Naturgy Energy Group ROE % Adjusted to Book Value Chart

Naturgy Energy Group 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 0.00 0.00 0.00 0.00 8.50

Naturgy Energy Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.00 0.00 0.00 0.00 8.09

HAM:GAN vs ATO, NI, UGI: ROE % Adjusted to Book Value Comparison

For the Utilities - Regulated Gas subindustry, Naturgy Energy Group'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.


Naturgy Energy Group ROE % Adjusted to Book Value vs Utilities - Regulated Industry

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

* The bar in red indicates where Naturgy Energy Group's ROE % Adjusted to Book Value falls into.


HAM:GAN
65GF Score
Naturgy Energy Group SA HAM:GAN
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Naturgy Energy Group ROE % Adjusted to Book Value Calculation

Naturgy Energy Group'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
=21.50% / 2.53
=8.50%

Naturgy Energy Group's ROE % Adjusted to Book Value for the quarter that ended in Dec. 2025 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=20.46% / 2.53
=8.09%

* 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 8.09% mean?
Naturgy Energy Group (HAM:GAN) has a ROE % Adjusted to Book Value of 8.09% as of Dec. 2025. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Naturgy Energy Group and its competitors.
Is Naturgy Energy Group's ROE % Adjusted to Book Value too high?
Naturgy Energy Group's current ROE % Adjusted to Book Value is 8.09%. Overall, Naturgy Energy Group has a GF Score™ of 65/100, reflecting its overall financial health beyond just this single metric.
How does Naturgy Energy Group's ROE % Adjusted to Book Value compare to ATO and NI?
Naturgy Energy Group's ROE % Adjusted to Book Value of 8.09% 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 Naturgy Energy Group and its competitors. Naturgy Energy Group's current ROE % Adjusted to Book Value is 8.09%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Naturgy Energy Group stock overvalued right now?
Naturgy Energy Group (HAM:GAN) has a current ROE % Adjusted to Book Value of 8.09%. The stock's GF Value™ is €22.19, compared to a current price of €27.36 — trading 23.3% above its estimated fair value. The current ROE % Adjusted to Book Value is 8.09%. Naturgy Energy Group's overall GF Score™ is 65/100 with 7 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 Naturgy Energy Group (HAM:GAN), the current ROE % Adjusted to Book Value is 8.09% as of Dec. 2025. 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 Naturgy Energy Group (HAM:GAN) Overvalued in 2026?

Based on GuruFocus' analysis, Naturgy Energy Group stock appears to be overvalued. The current stock price of €27.36 is trading 23.3% above its estimated GF Value™ of €22.19.

Key valuation signals for HAM:GAN:

  • ROE % Adjusted to Book Value: 8.09%
  • GF Value™: €22.19 vs. price of €27.36 (23.3% above fair value)
  • GF Score™: 65/100 with 7 warning signs

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


Naturgy Energy Group Business Description

Address Avenida de America 38, Madrid, ESP
Naturgy stems from the 2008 acquisition of Union Fenosa. The company operates across the gas value chain, from procurement to distribution and marketing. It owns and operates the largest gas distribution network in Spain, where it is also the leading retail gas supplier. The company additionally operates gas and electricity distribution networks across several Latin American countries. It owns 17.9 GW of generation capacity, including 7.3 GW of wind and solar.
65GF 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.

€27.36
Price
€22.19
GF Value