ASCOF (Ascopiave SpA) ROE %: 3.24% (As of Mar. 2026) — 61% Below Median


ASCOF Ascopiave SpA ASCOF
84 GF Score
Price $3.33
GF Value $4.02
! 3 Warning Signs
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What is Ascopiave SpA ROE %?

Ascopiave SpA ASCOF 84 ROE % is 3.24% as of Mar. 2026, which is 61% below its 10-year median of 8.34. GuruFocus rates ASCOF with a GF Score™ of 84/100 and a GF Value™ of $4.02. The stock has 3 warning signs investors should review. Among 503 Utilities - Regulated companies, Ascopiave SpA ranks better than 55.07% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Ascopiave SpA's annualized net income for the quarter that ended in Mar. 2026 was $34.5 Mil. Ascopiave SpA's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was $1,065.4 Mil. Therefore, Ascopiave SpA's annualized ROE % for the quarter that ended in Mar. 2026 was 3.24%.

The historical rank and industry rank for Ascopiave SpA's ROE % or its related term are showing as below:

ASCOF' s ROE % Range Over the Past 10 Years
Min: 3.77   Med: 8.34   Max: 74.9
Current: 9.5

During the past 13 years, Ascopiave SpA's highest ROE % was 74.90%. The lowest was 3.77%. And the median was 8.34%.

ASCOF's ROE % is ranked better than
55.07% of 503 companies
in the Utilities - Regulated industry
Industry Median: 8.62 vs ASCOF: 9.50

Ascopiave SpA  (OTCPK:ASCOF) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=34.52/1065.374
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(34.52 / 327.316)*(327.316 / 2168.2815)*(2168.2815 / 1065.374)
=Net Margin %*Asset Turnover*Equity Multiplier
=10.55 %*0.151*2.0352
=ROA %*Equity Multiplier
=1.59 %*2.0352
=3.24 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=34.52/1065.374
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (34.52 / 53.736) * (53.736 / 77.724) * (77.724 / 327.316) * (327.316 / 2168.2815) * (2168.2815 / 1065.374)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.6424 * 0.6914 * 23.75 % * 0.151 * 2.0352
=3.24 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Ascopiave SpA ROE % Related Terms


Ascopiave SpA ROE % Historical Data

* Premium members only.

The historical data trend for Ascopiave SpA's ROE % 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.

Ascopiave SpA ROE % Chart

Ascopiave SpA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.07 3.64 4.29 4.15 10.40

Ascopiave SpA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % 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 4.42 26.43 4.88 4.83 3.24

ASCOF vs ATO, NI, UGI: ROE % Comparison

For the Utilities - Regulated Gas subindustry, Ascopiave SpA's ROE %, along with its competitors' market caps and ROE % 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.


Ascopiave SpA ROE % vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Ascopiave SpA's ROE % distribution charts can be found below:

* The bar in red indicates where Ascopiave SpA's ROE % falls into.


ASCOF
84GF Score
Ascopiave SpA ASCOF
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Ascopiave SpA ROE % Calculation

Ascopiave SpA's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=101.692/( (887.923+1068.386)/ 2 )
=101.692/978.1545
=10.40 %

Ascopiave SpA's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=34.52/( (1068.386+1062.362)/ 2 )
=34.52/1065.374
=3.24 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 3.24% mean?
Ascopiave SpA (ASCOF) has a ROE % of 3.24% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Ascopiave SpA and its competitors. This is 61% below median its historical median of 8.34. Over the past decade, Ascopiave SpA's ROE % has ranged from 3.77 to 74.90. According to the industry distribution chart, Ascopiave SpA ranks #226 out of 503 companies in the Utilities - Regulated industry, placing it in the top 44.9%.
Is Ascopiave SpA's ROE % too high?
Ascopiave SpA's current ROE % of 3.24% is 61% below median its 10-year median of 8.34. Over the past 10 years, this metric has ranged from a low of 3.77 to a high of 74.90. The Utilities - Regulated industry median ROE % is 8.62. Ascopiave SpA's value of 3.24% is 62.4% below this industry median. Based on the distribution chart, Ascopiave SpA ranks #226 out of 503 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Ascopiave SpA has a GF Score™ of 84/100, reflecting its overall financial health beyond just this single metric.
How does Ascopiave SpA's ROE % compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Ascopiave SpA ranks #226 out of 503 companies for ROE %. This puts Ascopiave SpA in the upper half of its industry. The industry median ROE % is 8.62. Ascopiave SpA's value of 3.24% is 62.4% below this benchmark. Historically, Ascopiave SpA's own ROE % has ranged from 3.77 to 74.90 over the past decade. While the company's 10-year median is 8.34 vs. the industry median of 8.62, Ascopiave SpA has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for an Utilities - Regulated company?
The median ROE % among Utilities - Regulated companies is 8.62, based on 503 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ascopiave SpA's current ROE % of 3.24% is 62.4% below 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Ascopiave SpA and its competitors. For the Utilities - Regulated industry, the median ROE % is 8.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ascopiave SpA's current ROE % is 3.24%, which is 61% below median its own 10-year median of 8.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ascopiave SpA stock overvalued right now?
Ascopiave SpA (ASCOF) has a current ROE % of 3.24%. The stock's GF Value™ is $4.02, compared to a current price of $3.33 — trading 17.2% below its estimated fair value. The current ROE % is 3.24%, which is 61% below median its 10-year median of 8.34 and 62.4% below the Utilities - Regulated industry median of 8.62. Ascopiave SpA's overall GF Score™ is 84/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Ascopiave SpA (ASCOF), the current ROE % is 3.24% 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 Ascopiave SpA (ASCOF) Overvalued in 2026?

Based on GuruFocus' analysis, Ascopiave SpA stock appears to be undervalued. The current stock price of $3.33 is trading 17.2% below its estimated GF Value™ of $4.02.

Key valuation signals for ASCOF:

  • ROE %: 3.24% (61% below median its 10-year median of 8.34)
  • GF Value™: $4.02 vs. price of $3.33 (17.2% below fair value)
  • GF Score™: 84/100 with 3 warning signs
  • Industry Position: 62.4% below the Utilities - Regulated median (#226 of 503)

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


Ascopiave SpA Business Description

Other Exchanges ASC:Italy0DME:UKAVA:Germany
Address Via Verizzo, 1030, Pieve di Soligo, Treviso, ITA, 31053
Ascopiave SpA is an Italy-based company engaged in the utility sector. It operates mainly in the field of natural gas distribution through its natural gas and LPG distribution networks across several towns. The Group is also present in the renewable energy sector, owning hydroelectric and wind power plants. Additionally, it is present in the field of cogeneration and heat management, as well as in the water sector, through its strategic investments. Ascopiave's operating business segments are: Gas Distribution, Renewables energies, and Other. Maximum revenue is generated from its Gas Distribution business. Geographically, the Group operates only in Italy.
84GF Score

Get the complete analysis for ASCOF

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

$3.33
Price
$4.02
GF Value