Energy Solar Tech (XMAD:ETC) ROE %: 8.01% (As of Dec. 2025) — 44% Above Median


XMAD:ETC Energy Solar Tech SA XMAD:ETC
49 GF Score
Price €2.11
GF Value €53.97
Valuation Possible Value Trap
! 4 Warning Signs
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What is Energy Solar Tech ROE %?

Energy Solar Tech XMAD:ETC -7.46% 49 ROE % is 8.01% as of Dec. 2025, which is 44% above its 10-year median of 5.57. GuruFocus rates XMAD:ETC with a GF Score™ of 49/100 and a GF Value™ of €53.97 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 433 Utilities - Independent Power Producers companies, Energy Solar Tech ranks better than 53.58% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Energy Solar Tech's annualized net income for the quarter that ended in Dec. 2025 was €2.16 Mil. Energy Solar Tech's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was €27.01 Mil. Therefore, Energy Solar Tech's annualized ROE % for the quarter that ended in Dec. 2025 was 8.01%.

The historical rank and industry rank for Energy Solar Tech's ROE % or its related term are showing as below:

XMAD:ETC' s ROE % Range Over the Past 10 Years
Min: -2.74   Med: 5.57   Max: 8.01
Current: 4.49

During the past 3 years, Energy Solar Tech's highest ROE % was 8.01%. The lowest was -2.74%. And the median was 5.57%.

XMAD:ETC's ROE % is ranked better than
53.58% of 433 companies
in the Utilities - Independent Power Producers industry
Industry Median: 3.8 vs XMAD:ETC: 4.49

Energy Solar Tech  (XMAD:ETC) 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: Dec. 2025 )
=Net Income/Total Stockholders Equity
=2.163/27.005
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(2.163 / 81.154)*(81.154 / 45.528)*(45.528 / 27.005)
=Net Margin %*Asset Turnover*Equity Multiplier
=2.67 %*1.7825*1.6859
=ROA %*Equity Multiplier
=4.76 %*1.6859
=8.01 %

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: Dec. 2025 )
=Net Income/Total Stockholders Equity
=2.163/27.005
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (2.163 / 3.578) * (3.578 / 5.068) * (5.068 / 81.154) * (81.154 / 45.528) * (45.528 / 27.005)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.6045 * 0.706 * 6.24 % * 1.7825 * 1.6859
=8.01 %

Note: The net income data used here is one times the annual (Dec. 2025) net income data. The Revenue data used here is one times the 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.


Energy Solar Tech ROE % Related Terms


Energy Solar Tech ROE % Historical Data

* Premium members only.

The historical data trend for Energy Solar Tech'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.

Energy Solar Tech ROE % Chart

Energy Solar Tech Annual Data
Trend Dec20 Dec21 Dec25
ROE %
-2.74 5.57 8.01

Energy Solar Tech Semi-Annual Data
Dec20 Dec21 Dec25
ROE % -2.74 5.57 8.01

Energy Solar Tech ROE % Competitor Comparison

For the Utilities - Renewable subindustry, Energy Solar Tech'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.


Energy Solar Tech ROE % vs Utilities - Independent Power Producers Industry

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

* The bar in red indicates where Energy Solar Tech's ROE % falls into.


XMAD:ETC
49GF Score
Energy Solar Tech SA XMAD:ETC
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Energy Solar Tech ROE % Calculation

Energy Solar Tech'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. 2021 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=2.163/( (5.859+48.151)/ 2 )
=2.163/27.005
=8.01 %

Energy Solar Tech's annualized ROE % for the quarter that ended in Dec. 2025 is calculated as

ROE %=Net Income (Q: Dec. 2025 )/( (Total Stockholders Equity (Q: Dec. 2021 )+Total Stockholders Equity (Q: Dec. 2025 ))/ count )
=2.163/( (5.859+48.151)/ 2 )
=2.163/27.005
=8.01 %

* 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 one times the annual (Dec. 2025) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 8.01% mean?
Energy Solar Tech (XMAD:ETC) has a ROE % of 8.01% 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 Energy Solar Tech and its competitors. This is 44% above median its historical median of 5.57. According to the industry distribution chart, Energy Solar Tech ranks #201 out of 433 companies in the Utilities - Independent Power Producers industry, placing it in the top 46.4%.
Is Energy Solar Tech's ROE % too high?
Energy Solar Tech's current ROE % of 8.01% is 44% above median its 10-year median of 5.57. The Utilities - Independent Power Producers industry median ROE % is 3.80. Energy Solar Tech's value of 8.01% is 110.8% above this industry median. Based on the distribution chart, Energy Solar Tech ranks #201 out of 433 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Energy Solar Tech has a GF Score™ of 49/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Energy Solar Tech's ROE % compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Energy Solar Tech ranks #201 out of 433 companies for ROE %. This puts Energy Solar Tech in the upper half of its industry. The industry median ROE % is 3.80. Energy Solar Tech's value of 8.01% is 110.8% above this benchmark. While the company's 10-year median is 5.57 vs. the industry median of 3.80, Energy Solar Tech has consistently been above 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 3.80, based on 433 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. Energy Solar Tech's current ROE % of 8.01% is 110.8% above 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 Energy Solar Tech and its competitors. For the Utilities - Independent Power Producers industry, the median ROE % is 3.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Energy Solar Tech's current ROE % is 8.01%, which is 44% above median its own 10-year median of 5.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Energy Solar Tech stock overvalued right now?
Based on GuruFocus' analysis, Energy Solar Tech (XMAD:ETC) is currently considered Possible Value Trap. The stock's GF Value™ is €53.97, compared to a current price of €2.11 — trading 96.1% below its estimated fair value. The current ROE % is 8.01%, which is 44% above median its 10-year median of 5.57 and 110.8% above the Utilities - Independent Power Producers industry median of 3.80. Energy Solar Tech's overall GF Score™ is 49/100 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 Energy Solar Tech (XMAD:ETC), the current ROE % is 8.01% 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 Energy Solar Tech (XMAD:ETC) Overvalued in 2026?

Based on GuruFocus' analysis, Energy Solar Tech stock appears to be undervalued. The current stock price of €2.11 is trading 96.1% below its estimated GF Value™ of €53.97. GuruFocus considers Energy Solar Tech to be Possible Value Trap.

Key valuation signals for XMAD:ETC:

  • ROE %: 8.01% (44% above median its 10-year median of 5.57)
  • GF Value™: €53.97 vs. price of €2.11 (96.1% below fair value)
  • GF Score™: 49/100 with 4 warning signs
  • Industry Position: 110.8% above the Utilities - Independent Power Producers median (#201 of 433)

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


Energy Solar Tech Business Description

Other Exchanges ALETC:FranceDH4:Germany
Address C/ Ruso, 18, Las Rozas de Madrid, Madrid, ESP, 28290
Energy Solar Tech SA is a technology company in the energy sector whose mission is to facilitate the migration of companies to renewable energies, The company offers its clients energy generation and efficiency technologies through its offer of energy Outsourcing services under the Energy As A Service model.
49GF Score

Get the complete analysis for XMAD:ETC

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

€2.11
Price
€53.97
GF Value