ERG SpA (MIL:ERG) ROE % Adjusted to Book Value: 7.78% (As of Mar. 2026)


MIL:ERG ERG SpA MIL:ERG
78 GF Score
Price €23.58
GF Value €24.38
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is ERG SpA ROE % Adjusted to Book Value?

ERG SpA MIL:ERG +0.43% 78 ROE % Adjusted to Book Value is 7.78% as of Mar. 2026. GuruFocus rates MIL:ERG with a GF Score™ of 78/100 and a GF Value™ of €24.38 (Fairly Valued). The stock has 7 warning signs investors should review.

ERG SpA's ROE % for the quarter that ended in Mar. 2026 was 12.13%. ERG SpA's PB Ratio for the quarter that ended in Mar. 2026 was 1.56. ERG SpA's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was 7.78%.


ERG SpA ROE % Adjusted to Book Value Related Terms


ERG SpA ROE % Adjusted to Book Value Historical Data

* Premium members only.

The historical data trend for ERG 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.

ERG SpA ROE % Adjusted to Book Value Chart

ERG 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 3.83 9.92 4.30 6.52 1.96

ERG SpA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 7.74 4.10 3.54 -5.59 7.78

ERG SpA ROE % Adjusted to Book Value Competitor Comparison

For the Utilities - Renewable subindustry, ERG 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.


ERG SpA ROE % Adjusted to Book Value vs Utilities - Independent Power Producers Industry

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

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


MIL:ERG
78GF Score
ERG SpA MIL:ERG
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ERG SpA ROE % Adjusted to Book Value Calculation

ERG 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
=3.15% / 1.61
=1.96%

ERG 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
=12.13% / 1.56
=7.78%

* 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 7.78% mean?
ERG SpA (MIL:ERG) has a ROE % Adjusted to Book Value of 7.78% 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 ERG SpA and its competitors.
Is ERG SpA's ROE % Adjusted to Book Value too high?
ERG SpA's current ROE % Adjusted to Book Value is 7.78%. Overall, ERG SpA has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does ERG SpA's ROE % Adjusted to Book Value compare to competitors?
ERG SpA's ROE % Adjusted to Book Value of 7.78% can be compared against companies in the Utilities - Independent Power Producers 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 - Independent Power Producers company?
A good ROE % Adjusted to Book Value depends on the Utilities - Independent Power Producers 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 ERG SpA and its competitors. ERG SpA's current ROE % Adjusted to Book Value is 7.78%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ERG SpA stock overvalued right now?
Based on GuruFocus' analysis, ERG SpA (MIL:ERG) is currently considered Fairly Valued. The stock's GF Value™ is €24.38, compared to a current price of €23.58 — trading 3.3% below its estimated fair value. The current ROE % Adjusted to Book Value is 7.78%. ERG SpA's overall GF Score™ is 78/100 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 ERG SpA (MIL:ERG), the current ROE % Adjusted to Book Value is 7.78% 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 ERG SpA (MIL:ERG) Overvalued in 2026?

Based on GuruFocus' analysis, ERG SpA stock appears to be undervalued. The current stock price of €23.58 is trading 3.3% below its estimated GF Value™ of €24.38. GuruFocus considers ERG SpA to be Fairly Valued.

Key valuation signals for MIL:ERG:

  • ROE % Adjusted to Book Value: 7.78%
  • GF Value™: €24.38 vs. price of €23.58 (3.3% below fair value)
  • GF Score™: 78/100 with 7 warning signs

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


ERG SpA Business Description

Other Exchanges ERGm:UK0MHC:UKER9:Germany
Address Via De Marini, 1, Torre WTC, Genoa, ITA, 16149
ERG SpA produces electricity from clean, renewable, and sustainable sources. Its energy comes from the combination of natural resources such as wind and sun. The company produces wind power, and electricity as a hydroelectric operator to markets across Europe. Electricity is also generated from natural gas operations located in Italy. ERG's wind power production is handled by subsidiary ENG Renew which focuses on developing, building, and operating wind assets. Hydropower and natural gas operations are split off into ERG Power Generation. The company's hydro assets include plants, dams, reservoirs, and a pumping station. Electricity from the plant is either fed into Italy's national grid or used to power other industrial plants.
78GF Score

Get the complete analysis for MIL:ERG

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

€23.58
Price
€24.38
GF Value