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Toplofikatsia Ruse ADXBUL:TPLR 9 ROE % is -20.08% as of Dec. 2025. GuruFocus rates XBUL:TPLR with a GF Score™ of 9/100. The stock has 4 warning signs investors should review. Among 504 Utilities - Regulated companies, Toplofikatsia Ruse AD ranks better than 98.02% on this metric.
The historical rank and industry rank for Toplofikatsia Ruse AD's ROE % or its related term are showing as below:
XBUL:TPLR'
s ROE % Range Over the Past 10 Years
Min: 16.03 Med: 44.18 Max: 72.32
Current: 61.89
During the past 2 years, Toplofikatsia Ruse AD's highest ROE % was 72.32%. The lowest was 16.03%. And the median was 44.18%.
XBUL:TPLR's ROE % is ranked better than 98.02% of 504
companies
in the Utilities - Regulated industry
Industry Median: 8.685
vs XBUL:TPLR: 61.89
Toplofikatsia Ruse AD (XBUL:TPLR) 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:
Note:
The net income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) 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.
* 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.
For the Utilities - Regulated Electric subindustry, Toplofikatsia Ruse AD'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.
Toplofikatsia Ruse AD ROE % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Toplofikatsia Ruse AD's ROE % distribution charts can be found below:
* The bar in red indicates where Toplofikatsia Ruse AD's ROE % falls into.
* 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 two times the semi-annual (Dec. 2025) net income data.
ROE % is displayed in the 30-year financial page.
Toplofikatsia Ruse AD (XBUL:TPLR) has a ROE % of -20.08% as of Dec. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Toplofikatsia Ruse AD and its competitors. Over the past decade, Toplofikatsia Ruse AD's ROE % has ranged from 16.03 to 72.32. According to the industry distribution chart, Toplofikatsia Ruse AD ranks #10 out of 504 companies in the Utilities - Regulated industry, placing it in the top 2%.
Is Toplofikatsia Ruse AD's ROE % too high?
Toplofikatsia Ruse AD's current ROE % is -20.08%. Over the past 10 years, this metric has ranged from a low of 16.03 to a high of 72.32. Based on the distribution chart, Toplofikatsia Ruse AD ranks #10 out of 504 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Toplofikatsia Ruse AD has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does Toplofikatsia Ruse AD's ROE % compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Toplofikatsia Ruse AD ranks #10 out of 504 companies for ROE %. This places Toplofikatsia Ruse AD in the top 2% of its industry — outperforming the majority of peers. The industry median ROE % is 8.69. Historically, Toplofikatsia Ruse AD's own ROE % has ranged from 16.03 to 72.32 over the past decade. 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 8.69, based on 504 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. 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 Toplofikatsia Ruse AD and its competitors. For the Utilities - Regulated industry, the median ROE % is 8.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toplofikatsia Ruse AD's current ROE % is -20.08%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toplofikatsia Ruse AD stock overvalued right now?
Toplofikatsia Ruse AD (XBUL:TPLR) has a current ROE % of -20.08%. The current ROE % is -20.08%. Toplofikatsia Ruse AD's overall GF Score™ is 9/100 with 4 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 Toplofikatsia Ruse AD (XBUL:TPLR), the current ROE % is -20.08% 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.
Toplofikatsia Ruse AD is engaged in electricity and heat generation; combined production of electricity and heat; heat transfer; maintenance and operation of low-pressure gas pipelines, and other activities.
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