Naturgy Energy Group (WBO:GAS) 3-Year RORE % : 6.58% (As of Dec. 2025)


WBO:GAS Naturgy Energy Group SA WBO:GAS
66 GF Score
Price €27.28
GF Value €22.45
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Naturgy Energy Group 3-Year RORE %?

Naturgy Energy Group WBO:GAS -1.66% 66 3-Year RORE % is 6.58 as of Dec. 2025. GuruFocus rates WBO:GAS with a GF Score™ of 66/100 and a GF Value™ of €22.45 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 494 Utilities - Regulated companies, Naturgy Energy Group ranks worse than 50.61% on this metric.

Return on Retained Earnings (RORE) is an indicator of a company's growth potential, it shows how much a company earns by reinvesting its retained earnings, i.e. profits after dividend payments. Naturgy Energy Group's 3-Year RORE % for the quarter that ended in Dec. 2025 was 6.58%.

The industry rank for Naturgy Energy Group's 3-Year RORE % or its related term are showing as below:

WBO:GAS's 3-Year RORE % is ranked worse than
50.61% of 494 companies
in the Utilities - Regulated industry
Industry Median: 6.895 vs WBO:GAS: 6.58

Naturgy Energy Group  (WBO:GAS) 3-Year RORE % Explanation

Return on Retained Earnings (RORE) is important to investors because it reveals a company's efficiency and growth potential. A higher RORE indicates a higher return. A high RORE indicates that the company should reinvest profits into the business. A lower RORE suggests that the company should distribute profits to shareholders by paying out dividends, since those dollars aren't generating much additional growth for the company.

There are a several different ways to arrive at the Return on Retained Earnings. The simplest way to calculate it is by using published information on Earnings per Share (EPS) and Dividend per Share (DPS) over a selected period. Here, 3-year period is chosen.

Be Aware

Please keep in mind that the RORE is relative to the nature of the business and its competitors. If another company in the same sector is producing a lower return on retained earnings, it doesn’t necessarily mean it’s a bad investment. It may just suggest the company is older and no longer in a high growth stage. At such a stage in the business cycle, it would be expected to see a lower RORE and higher dividend payout.


Naturgy Energy Group 3-Year RORE % Related Terms


Naturgy Energy Group 3-Year RORE % Historical Data

* Premium members only.

The historical data trend for Naturgy Energy Group's 3-Year RORE % 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.

Naturgy Energy Group 3-Year RORE % Chart

Naturgy Energy Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.71 -157.22 79.41 15.52 6.58

Naturgy Energy Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
3-Year RORE % 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 79.41 39.54 15.52 -1.00 6.58

WBO:GAS vs ATO, NI, UGI: 3-Year RORE % Comparison

For the Utilities - Regulated Gas subindustry, Naturgy Energy Group's 3-Year RORE %, along with its competitors' market caps and 3-Year RORE % 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.


Naturgy Energy Group 3-Year RORE % vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Naturgy Energy Group's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Naturgy Energy Group's 3-Year RORE % falls into.


WBO:GAS
66GF Score
Naturgy Energy Group SA WBO:GAS
3-Year RORE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Naturgy Energy Group 3-Year RORE % Calculation

Naturgy Energy Group's 3-Year RORE % for the quarter that ended in Dec. 2025 is calculated as:

3-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 3-year -Cumulative Dividends per Share for 3-year )
=( 2.17-2.07 )/( 6.219-4.7 )
=0.1/1.519
=6.58 %

* 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 3-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Dec. 2025 and 3-year before.

Frequently Asked Questions Learn more about 3-Year RORE % →
What does a 3-Year RORE % of 6.58 mean?
Naturgy Energy Group (WBO:GAS) has a 3-Year RORE % of 6.58 as of Dec. 2025. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on Naturgy Energy Group and its competitors. According to the industry distribution chart, Naturgy Energy Group ranks #250 out of 494 companies in the Utilities - Regulated industry, placing it in the top 50.6%.
Is Naturgy Energy Group's 3-Year RORE % too high?
Naturgy Energy Group's current 3-Year RORE % is 6.58. The Utilities - Regulated industry median 3-Year RORE % is 6.90. Naturgy Energy Group's value of 6.58 is 4.6% below this industry median. Based on the distribution chart, Naturgy Energy Group ranks #250 out of 494 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Naturgy Energy Group has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Naturgy Energy Group's 3-Year RORE % compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Naturgy Energy Group ranks #250 out of 494 companies for 3-Year RORE %. This places Naturgy Energy Group in the lower half of its industry. The industry median 3-Year RORE % is 6.90. Naturgy Energy Group's value of 6.58 is 4.6% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year RORE % for an Utilities - Regulated company?
The median 3-Year RORE % among Utilities - Regulated companies is 6.90, based on 494 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year RORE % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year RORE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Naturgy Energy Group's current 3-Year RORE % of 6.58 is 4.6% 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 3-Year RORE % mean?
A high 3-Year RORE % can signal that a stock is expensive relative to its fundamentals. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on Naturgy Energy Group and its competitors. For the Utilities - Regulated industry, the median 3-Year RORE % is 6.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Naturgy Energy Group's current 3-Year RORE % is 6.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Naturgy Energy Group stock overvalued right now?
Based on GuruFocus' analysis, Naturgy Energy Group (WBO:GAS) is currently considered Modestly Overvalued. The stock's GF Value™ is €22.45, compared to a current price of €27.28 — trading 21.5% above its estimated fair value. The current 3-Year RORE % is 6.58 and 4.6% below the Utilities - Regulated industry median of 6.90. Naturgy Energy Group's overall GF Score™ is 66/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year RORE % calculated?
3-Year RORE % is calculated from a company's financial statements. For Naturgy Energy Group (WBO:GAS), the current 3-Year RORE % is 6.58 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 Naturgy Energy Group (WBO:GAS) Overvalued in 2026?

Based on GuruFocus' analysis, Naturgy Energy Group stock appears to be overvalued. The current stock price of €27.28 is trading 21.5% above its estimated GF Value™ of €22.45. GuruFocus considers Naturgy Energy Group to be Modestly Overvalued.

Key valuation signals for WBO:GAS:

  • 3-Year RORE %: 6.58
  • GF Value™: €22.45 vs. price of €27.28 (21.5% above fair value)
  • GF Score™: 66/100 with 7 warning signs
  • Industry Position: 4.6% below the Utilities - Regulated median (#250 of 494)

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


Naturgy Energy Group Business Description

Address Avenida de America 38, Madrid, ESP
Naturgy stems from the 2008 acquisition of Union Fenosa. The company operates across the gas value chain, from procurement to distribution and marketing. It owns and operates the largest gas distribution network in Spain, where it is also the leading retail gas supplier. The company additionally operates gas and electricity distribution networks across several Latin American countries. It owns 17.9 GW of generation capacity, including 7.3 GW of wind and solar.
66GF Score

Get the complete analysis for WBO:GAS

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

€27.28
Price
€22.45
GF Value