Circle SpA (MIL:CIRC) Deferred Tax: € Mil (TTM As of Dec. 2025)

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MIL:CIRC Circle SpA MIL:CIRC
83 GF Score
Price €14.60
GF Value €12.81
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Circle SpA Deferred Tax?

Circle SpA MIL:CIRC +0.69% 83 Deferred Tax is € Mil as of Dec. 2025. GuruFocus rates MIL:CIRC with a GF Score™ of 83/100 and a GF Value™ of €12.81 (Modestly Overvalued). The stock has 7 warning signs investors should review.

Change In Deferred Tax represents future tax liability or asset, resulting from temporary differences between book (accounting) value of assets and liabilities, and their tax value. This arises due to differences between financial accounting for shareholders and tax accounting.

Circle SpA's change in deferred tax for the six months ended in Dec. 2025 was € Mil. Its change in deferred tax for the trailing twelve months (TTM) ended in Dec. 2025 was € Mil.

Circle SpA Deferred Tax Historical Data

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The historical data trend for Circle SpA's Deferred Tax 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.

Circle SpA Deferred Tax Chart

Circle SpA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Deferred Tax
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.09 -0.01 0.05 -0.11 -0.03

Circle SpA Semi-Annual Data
Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Deferred Tax 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 0.12 -0.04 -0.06 - -
MIL:CIRC
83GF Score
Circle SpA MIL:CIRC
Deferred Tax is just one metric. See GF Score™, valuation, warning signs, and more.
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Circle SpA Deferred Tax Calculation

Change In Deferred Tax represents future tax liability or asset, resulting from temporary differences between book (accounting) value of assets and liabilities, and their tax value. This arises due to differences between financial accounting for shareholders and tax accounting.

Deferred Tax for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was € Mil.


* 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.

Frequently Asked Questions Learn more about Deferred Tax →
What does a Deferred Tax of € Mil mean?
Circle SpA (MIL:CIRC) has a Deferred Tax of € Mil as of Dec. 2025. Change in Defered Tax is amount of deferred tax assets or liabilities due to temporary differences in financial and tax accounting. View historical data for Circle SpA.
Is Circle SpA's Deferred Tax too high?
Circle SpA's current Deferred Tax is € Mil. Overall, Circle SpA has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Circle SpA's Deferred Tax compare to IBM and ACN?
Circle SpA's Deferred Tax of € Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Deferred Tax for a Software company?
A good Deferred Tax depends on the Software industry context. However, Deferred Tax 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 Deferred Tax mean?
A high Deferred Tax can signal that a stock is expensive relative to its fundamentals. Change in Defered Tax is amount of deferred tax assets or liabilities due to temporary differences in financial and tax accounting. View historical data for Circle SpA. Circle SpA's current Deferred Tax is € Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Circle SpA stock overvalued right now?
Based on GuruFocus' analysis, Circle SpA (MIL:CIRC) is currently considered Modestly Overvalued. The stock's GF Value™ is €12.81, compared to a current price of €14.60 — trading 14% above its estimated fair value. The current Deferred Tax is € Mil. Circle SpA's overall GF Score™ is 83/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Deferred Tax calculated?
Deferred Tax is calculated from a company's financial statements. For Circle SpA (MIL:CIRC), the current Deferred Tax is € Mil 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 Circle SpA (MIL:CIRC) Overvalued in 2026?

Based on GuruFocus' analysis, Circle SpA stock appears to be overvalued. The current stock price of €14.60 is trading 14% above its estimated GF Value™ of €12.81. GuruFocus considers Circle SpA to be Modestly Overvalued.

Key valuation signals for MIL:CIRC:

  • Deferred Tax: € Mil
  • GF Value™: €12.81 vs. price of €14.60 (14% above fair value)
  • GF Score™: 83/100 with 7 warning signs

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

Circle SpA Business Description

Address Via G. Battista Pergolesi 26, Milan, ITA, 20124
Circle SpA is engaged in providing consulting services, technological solutions, and digital marketing services to companies operating predominantly in the logistics and transportation sectors. It provides strategic consulting services in the fields of port management, logistics, and transport, and also develops software solutions to optimize flow management and improve logistics processes. The company's service offerings in the digital marketing sector include; services for the analysis, identification, and use of multi-channel communication tools for the implementation of digital marketing strategies.
83GF Score

Get the complete analysis for MIL:CIRC

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

€14.60
Price
€12.81
GF Value