VNE SpA (MIL:VNE) 3-Year Book Growth Rate: 12.20% (As of Dec. 2025) — 55% Below Median

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Founder & CEO of GuruFocus
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MIL:VNE VNE SpA MIL:VNE
39 GF Score
Price €2.92
GF Value €3.28
Valuation Modestly Undervalued
! 4 Warning Signs
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What is VNE SpA 3-Year Book Growth Rate?

VNE SpA MIL:VNE 39 3-Year Book Growth Rate is 12.20% as of Dec. 2025, which is 55% below its 10-year median of 27.30. GuruFocus rates MIL:VNE with a GF Score™ of 39/100 and a GF Value™ of €3.28 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 2,955 Industrial Products companies, VNE SpA ranks better than 72.39% on this metric.

VNE SpA's Book Value per Share for the quarter that ended in Dec. 2025 was €5.11.

During the past 12 months, VNE SpA's average Book Value per Share Growth Rate was 3.40% per year. During the past 3 years, the average Book Value per Share Growth Rate was 12.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

During the past 5 years, the highest 3-Year average Book Value per Share Growth Rate of VNE SpA was 42.40% per year. The lowest was 12.20% per year. And the median was 27.30% per year.


VNE SpA  (MIL:VNE) 3-Year Book Growth Rate Explanation

Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.


VNE SpA 3-Year Book Growth Rate Related Terms


MIL:VNE vs GEV, ETN, PH: 3-Year Book Growth Rate Comparison

For the Specialty Industrial Machinery subindustry, VNE SpA's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate 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.


VNE SpA 3-Year Book Growth Rate vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, VNE SpA's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where VNE SpA's 3-Year Book Growth Rate falls into.


MIL:VNE
39GF Score
VNE SpA MIL:VNE
3-Year Book Growth Rate is just one metric. See GF Score™, valuation, warning signs, and more.
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VNE SpA 3-Year Book Growth Rate Calculation

This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

What does a 3-Year Book Growth Rate of 12.20% mean?
VNE SpA (MIL:VNE) has a 3-Year Book Growth Rate of 12.20% as of Dec. 2025. 3-Year Book Growth Rate is the 3-year average growth rate of Book Value per Share. View historical data for VNE SpA and its competitors. This is 55% below median its historical median of 27.30. Over the past decade, VNE SpA's 3-Year Book Growth Rate has ranged from 12.20 to 42.40. According to the industry distribution chart, VNE SpA ranks #816 out of 2955 companies in the Industrial Products industry, placing it in the top 27.6%.
Is VNE SpA's 3-Year Book Growth Rate too high?
VNE SpA's current 3-Year Book Growth Rate of 12.20% is 55% below median its 10-year median of 27.30. Over the past 10 years, this metric has ranged from a low of 12.20 to a high of 42.40. The Industrial Products industry median 3-Year Book Growth Rate is 5.90. VNE SpA's value of 12.20% is 106.8% above this industry median. Based on the distribution chart, VNE SpA ranks #816 out of 2955 companies in the Industrial Products industry, which is above the industry midpoint. Overall, VNE SpA has a GF Score™ of 39/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does VNE SpA's 3-Year Book Growth Rate compare to GEV and ETN?
According to the Industrial Products industry distribution chart, VNE SpA ranks #816 out of 2955 companies for 3-Year Book Growth Rate. This puts VNE SpA in the upper half of its industry. The industry median 3-Year Book Growth Rate is 5.90. VNE SpA's value of 12.20% is 106.8% above this benchmark. Historically, VNE SpA's own 3-Year Book Growth Rate has ranged from 12.20 to 42.40 over the past decade. While the company's 10-year median is 27.30 vs. the industry median of 5.90, VNE SpA 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 3-Year Book Growth Rate for an Industrial Products company?
The median 3-Year Book Growth Rate among Industrial Products companies is 5.90, based on 2,955 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year Book Growth Rate significantly above this median, while those in the bottom quartile fall well below. However, 3-Year Book Growth Rate should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. VNE SpA's current 3-Year Book Growth Rate of 12.20% is 106.8% 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 3-Year Book Growth Rate mean?
A high 3-Year Book Growth Rate can signal that a stock is expensive relative to its fundamentals. 3-Year Book Growth Rate is the 3-year average growth rate of Book Value per Share. View historical data for VNE SpA and its competitors. For the Industrial Products industry, the median 3-Year Book Growth Rate is 5.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VNE SpA's current 3-Year Book Growth Rate is 12.20%, which is 55% below median its own 10-year median of 27.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VNE SpA stock overvalued right now?
Based on GuruFocus' analysis, VNE SpA (MIL:VNE) is currently considered Modestly Undervalued. The stock's GF Value™ is €3.28, compared to a current price of €2.92 — trading 11% below its estimated fair value. The current 3-Year Book Growth Rate is 12.20%, which is 55% below median its 10-year median of 27.30 and 106.8% above the Industrial Products industry median of 5.90. VNE SpA's overall GF Score™ is 39/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Book Growth Rate calculated?
3-Year Book Growth Rate is calculated from a company's financial statements. For VNE SpA (MIL:VNE), the current 3-Year Book Growth Rate is 12.20% 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 VNE SpA (MIL:VNE) Overvalued in 2026?

Based on GuruFocus' analysis, VNE SpA stock appears to be undervalued. The current stock price of €2.92 is trading 11% below its estimated GF Value™ of €3.28. GuruFocus considers VNE SpA to be Modestly Undervalued.

Key valuation signals for MIL:VNE:

  • 3-Year Book Growth Rate: 12.20% (55% below median its 10-year median of 27.30)
  • GF Value™: €3.28 vs. price of €2.92 (11% below fair value)
  • GF Score™: 39/100 with 4 warning signs
  • Industry Position: 106.8% above the Industrial Products median (#816 of 2955)

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


VNE SpA Business Description

Address Via Biagioni, 371 loc. Querceta, Seravezza (Lu), ITA, 55047
VNE SpA produces hardware and software for the management of banknotes, coins, and, more generally, payments and transactions through cash and cashless systems, offering a wide range of customized products. It creates, samples, and produces all its appliances internally. The company offers consulting and commercial assistance all over the world through a stable and efficient operating network; moreover, it guarantees qualified and immediate maintenance and technical assistance anywhere on every type of machine. The main markets where the company operates internationally are gambling, retail & vending, casino & ticket, and wherever there is a need to manage payments or automated transactions.
39GF Score

Get the complete analysis for MIL:VNE

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

€2.92
Price
€3.28
GF Value