Celsia Esp (BOG:CELSIA) ROE %: 3.23% (As of Mar. 2026) — 43% Below Median


BOG:CELSIA Celsia SA Esp BOG:CELSIA
60 GF Score
Price COP5,380.00
GF Value COP3,203.16
Valuation Significantly Overvalued
! 11 Warning Signs
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What is Celsia Esp ROE %?

Celsia Esp BOG:CELSIA +3.86% 60 ROE % is 3.23% as of Mar. 2026, which is 43% below its 10-year median of 5.70. GuruFocus rates BOG:CELSIA with a GF Score™ of 60/100 and a GF Value™ of COP3,203.16 (Significantly Overvalued). The stock has 11 warning signs investors should review. Among 434 Utilities - Independent Power Producers companies, Celsia Esp ranks better than 57.14% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Celsia Esp's annualized net income for the quarter that ended in Mar. 2026 was COP106,599 Mil. Celsia Esp's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was COP3,304,078 Mil. Therefore, Celsia Esp's annualized ROE % for the quarter that ended in Mar. 2026 was 3.23%.

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

BOG:CELSIA' s ROE % Range Over the Past 10 Years
Min: 1.05   Med: 5.7   Max: 10.58
Current: 5.2

During the past 13 years, Celsia Esp's highest ROE % was 10.58%. The lowest was 1.05%. And the median was 5.70%.

BOG:CELSIA's ROE % is ranked better than
57.14% of 434 companies
in the Utilities - Independent Power Producers industry
Industry Median: 3.82 vs BOG:CELSIA: 5.20

Celsia Esp  (BOG:CELSIA) 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
=106599.216/3304077.7445
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(106599.216 / 5084778.072)*(5084778.072 / 14205488.71)*(14205488.71 / 3304077.7445)
=Net Margin %*Asset Turnover*Equity Multiplier
=2.1 %*0.3579*4.2994
=ROA %*Equity Multiplier
=0.75 %*4.2994
=3.23 %

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
=106599.216/3304077.7445
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (106599.216 / 429942.02) * (429942.02 / 1045902.956) * (1045902.956 / 5084778.072) * (5084778.072 / 14205488.71) * (14205488.71 / 3304077.7445)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.2479 * 0.4111 * 20.57 % * 0.3579 * 4.2994
=3.23 %

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.


Celsia Esp ROE % Related Terms


Celsia Esp ROE % Historical Data

* Premium members only.

The historical data trend for Celsia Esp'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.

Celsia Esp ROE % Chart

Celsia Esp 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 7.12 5.57 4.35 5.94 5.83

Celsia Esp 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 6.59 7.73 6.88 2.78 3.23

Celsia Esp ROE % Competitor Comparison

For the Utilities - Renewable subindustry, Celsia Esp'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.


Celsia Esp ROE % vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Celsia Esp's ROE % distribution charts can be found below:

* The bar in red indicates where Celsia Esp's ROE % falls into.


BOG:CELSIA
60GF Score
Celsia SA Esp BOG:CELSIA
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Celsia Esp ROE % Calculation

Celsia Esp'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 )
=206406/( (3658255+3421272)/ 2 )
=206406/3539763.5
=5.83 %

Celsia Esp'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 )
=106599.216/( (3421272+3186883.489)/ 2 )
=106599.216/3304077.7445
=3.23 %

* 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 3.23% mean?
Celsia Esp (BOG:CELSIA) has a ROE % of 3.23% 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 Celsia Esp and its competitors. This is 43% below median its historical median of 5.70. Over the past decade, Celsia Esp's ROE % has ranged from 1.05 to 10.58. According to the industry distribution chart, Celsia Esp ranks #186 out of 434 companies in the Utilities - Independent Power Producers industry, placing it in the top 42.9%.
Is Celsia Esp's ROE % too high?
Celsia Esp's current ROE % of 3.23% is 43% below median its 10-year median of 5.70. Over the past 10 years, this metric has ranged from a low of 1.05 to a high of 10.58. The Utilities - Independent Power Producers industry median ROE % is 3.82. Celsia Esp's value of 3.23% is 15.4% below this industry median. Based on the distribution chart, Celsia Esp ranks #186 out of 434 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Celsia Esp has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Celsia Esp's ROE % compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Celsia Esp ranks #186 out of 434 companies for ROE %. This puts Celsia Esp in the upper half of its industry. The industry median ROE % is 3.82. Celsia Esp's value of 3.23% is 15.4% below this benchmark. Historically, Celsia Esp's own ROE % has ranged from 1.05 to 10.58 over the past decade. While the company's 10-year median is 5.70 vs. the industry median of 3.82, Celsia Esp 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 - Independent Power Producers company?
The median ROE % among Utilities - Independent Power Producers companies is 3.82, based on 434 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. Celsia Esp's current ROE % of 3.23% is 15.4% 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 Celsia Esp and its competitors. For the Utilities - Independent Power Producers industry, the median ROE % is 3.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Celsia Esp's current ROE % is 3.23%, which is 43% below median its own 10-year median of 5.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Celsia Esp stock overvalued right now?
Based on GuruFocus' analysis, Celsia Esp (BOG:CELSIA) is currently considered Significantly Overvalued. The stock's GF Value™ is COP3,203.16, compared to a current price of COP5,380.00 — trading 68% above its estimated fair value. The current ROE % is 3.23%, which is 43% below median its 10-year median of 5.70 and 15.4% below the Utilities - Independent Power Producers industry median of 3.82. Celsia Esp's overall GF Score™ is 60/100 with 11 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 Celsia Esp (BOG:CELSIA), the current ROE % is 3.23% 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 Celsia Esp (BOG:CELSIA) Overvalued in 2026?

Based on GuruFocus' analysis, Celsia Esp stock appears to be overvalued. The current stock price of COP5,380.00 is trading 68% above its estimated GF Value™ of COP3,203.16. GuruFocus considers Celsia Esp to be Significantly Overvalued.

Key valuation signals for BOG:CELSIA:

  • ROE %: 3.23% (43% below median its 10-year median of 5.70)
  • GF Value™: COP3,203.16 vs. price of COP5,380.00 (68% above fair value)
  • GF Score™: 60/100 with 11 warning signs
  • Industry Position: 15.4% below the Utilities - Independent Power Producers median (#186 of 434)

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


Celsia Esp Business Description

Address Carrera 43A No. 1A Sur - 143, Floor 5, Medellin, COL
Celsia SA Esp is a Latin American public utility company. Celsia is involved in the generation and sale of electrical energy and natural gas in Colombia, Panama, and Costa Rica. Through its principal subsidiary, Celsia Colombia S.A. E.S.P, the company owns and operates a portfolio of thermal, hydroelectric, and wind power plants. The company has two geographical operating segments namely Colombia and Central America. It generates maximum revenue from the Colombia segment. The company projects include Porvenir II and ReverdeC.
60GF Score

Get the complete analysis for BOG:CELSIA

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

COP5,380.00
Price
COP3,203.16
GF Value