VNE SpA (MIL:VNE) Pre-Tax Income: €0.71 Mil (TTM As of Dec. 2025)

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MIL:VNE VNE SpA MIL:VNE
39 GF Score
Price €3.02
GF Value €3.75
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is VNE SpA Pre-Tax Income?

VNE SpA MIL:VNE +0.67% 39 Pre-Tax Income is €0.71 Mil as of Dec. 2025. GuruFocus rates MIL:VNE with a GF Score™ of 39/100 and a GF Value™ of €3.75 (Modestly Undervalued). The stock has 4 warning signs investors should review.

Pretax income is the income that a company earns before paying income taxes. VNE SpA's pretax income for the six months ended in Dec. 2025 was €-0.06 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2025 was €0.71 Mil. VNE SpA's pretax margin was -0.67%.

During the past 5 years, VNE SpA's highest Pretax Margin was 4.11%. The lowest was -6.96%. And the median was 0.82%.


VNE SpA  (MIL:VNE) Pre-Tax Income Explanation

VNE SpA's Pretax Margin for the quarter that ended in Dec. 2025 is calculated as

Pretax Margin=Pretax Income/Revenue
=-0.06/9.015
=-0.67%

During the past 5 years, VNE SpA's highest Pretax Margin was 4.11%. The lowest was -6.96%. And the median was 0.82%.

* 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.


VNE SpA Pre-Tax Income Related Terms


VNE SpA Pre-Tax Income Historical Data

* Premium members only.

The historical data trend for VNE SpA's Pre-Tax Income 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.

VNE SpA Pre-Tax Income Chart

VNE SpA Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Pre-Tax Income
0.08 0.21 -0.94 0.11 0.71

VNE SpA Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Pre-Tax Income Get a 7-Day Free Trial -0.28 -0.01 0.12 0.77 -0.06

MIL:VNE vs GEV, ETN, PH: Pre-Tax Income Comparison

For the Specialty Industrial Machinery subindustry, VNE SpA's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income 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 Pre-Tax Income vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, VNE SpA's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where VNE SpA's Pre-Tax Income falls into.


MIL:VNE
39GF Score
VNE SpA MIL:VNE
Pre-Tax Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

VNE SpA Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

VNE SpA's Pretax Income for the fiscal year that ended in Dec. 2025 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=1.034+0+-0.27+0.045+-0.097
=0.71

VNE SpA's Pretax Income for the quarter that ended in Dec. 2025 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=0.276+0+-0.173+-0.135+-0.028
=-0.06

Pre-Tax Income 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 €0.71 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 Pre-Tax Income →
What does a Pre-Tax Income of €0.71 Mil mean?
VNE SpA (MIL:VNE) has a Pre-Tax Income of €0.71 Mil as of Dec. 2025. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on VNE SpA and its competitors.
Is VNE SpA's Pre-Tax Income too high?
VNE SpA's current Pre-Tax Income is €0.71 Mil. 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 Pre-Tax Income compare to GEV and ETN?
VNE SpA's Pre-Tax Income of €0.71 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pre-Tax Income for an Industrial Products company?
A good Pre-Tax Income depends on the Industrial Products industry context. However, Pre-Tax Income 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 Pre-Tax Income mean?
A high Pre-Tax Income can signal that a stock is expensive relative to its fundamentals. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on VNE SpA and its competitors. VNE SpA's current Pre-Tax Income is €0.71 Mil. 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 €3.75, compared to a current price of €3.02 — trading 19.5% below its estimated fair value. The current Pre-Tax Income is €0.71 Mil. 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 Pre-Tax Income calculated?
Pre-Tax Income is calculated from a company's financial statements. For VNE SpA (MIL:VNE), the current Pre-Tax Income is €0.71 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 VNE SpA (MIL:VNE) Overvalued in 2026?

Based on GuruFocus' analysis, VNE SpA stock appears to be undervalued. The current stock price of €3.02 is trading 19.5% below its estimated GF Value™ of €3.75. GuruFocus considers VNE SpA to be Modestly Undervalued.

Key valuation signals for MIL:VNE:

  • Pre-Tax Income: €0.71 Mil
  • GF Value™: €3.75 vs. price of €3.02 (19.5% below fair value)
  • GF Score™: 39/100 with 4 warning signs

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

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

€3.02
Price
€3.75
GF Value