Innovatec SpA (MIL:INC) Momentum Rank: 4 (As of Sep. 15, 2026) — 33% Above Median

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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MIL:INC Innovatec SpA MIL:INC
34 GF Score
Price €0.28
GF Value €0.04
Valuation Significantly Overvalued
! 11 Warning Signs
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What is Innovatec SpA Momentum Rank?

Innovatec SpA MIL:INC -0.71% 34 Momentum Rank is 4 as of Sep. 15, 2026, which is 33% above its 10-year median of 3.00. GuruFocus rates MIL:INC with a GF Score™ of 34/100 and a GF Value™ of €0.04 (Significantly Overvalued). The stock has 11 warning signs investors should review.

Innovatec SpA has the Momentum Rank of 4.

Momentum Rank measures the strength and persistence of a stock's price movement over time, rated on a scale of 1 to 10.

For Momentum Rank, we considered the residual momentum concept that was widely studied by Blitz and his colleagues as well as by Nobel Prize laureates Fama and French. However, we did not find any significant differences in the performances of stocks with different ranks of residual momentum. Therefore, we use traditional momentum instead.

Momentum Rank is determined using the standardized momentum ratio and other momentum indicators. The standardized momentum ratio is the average of the performances from 12 months ago to 1 month ago and 6 months ago to 1 month ago, divided by the beta of the stock over the past 12 months. To calculate the momentum ratio today, we would use the average of the two performance numbers.

For momentum, we found that stock price performance does not have a monotonic correlation with the momentum ratio. The stocks with the highest momentum ratios perform worse than those at about the 70th percentile. Therefore, for the momentum rank, we ranked the stocks at about the 70th percentile of the momentum ratio as the highest at 10.

A higher score reflects strong price momentum and indicates greater potential for superior performance. Conversely, a lower score indicates that momentum is either too high or too low, and stocks tend to underperform.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Innovatec SpA Momentum Rank Related Terms

MIL:INC vs NEE, SO, DUK: Momentum Rank Comparison

For the Utilities - Regulated Electric subindustry, Innovatec SpA's Momentum Rank, along with its competitors' market caps and Momentum Rank 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.

Innovatec SpA Momentum Rank vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Innovatec SpA's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Innovatec SpA's Momentum Rank falls into.


MIL:INC
34GF Score
Innovatec SpA MIL:INC
Momentum Rank is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about Momentum Rank →
What does a Momentum Rank of 4 mean?
Innovatec SpA (MIL:INC) has a Momentum Rank of 4 as of Sep. 15, 2026. Momentum Rank is determined using the standardized momentum ratio, measuring the speed and velocity of price changes in a stock. View historical data on Innovatec SpA and its competitors. This is 33% above median its historical median of 3.00. Over the past decade, Innovatec SpA's Momentum Rank has ranged from 1.00 to 10.00.
Is Innovatec SpA's Momentum Rank too high?
Innovatec SpA's current Momentum Rank of 4 is 33% above median its 10-year median of 3.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 10.00. Overall, Innovatec SpA has a GF Score™ of 34/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Innovatec SpA's Momentum Rank compare to NEE and SO?
Innovatec SpA's Momentum Rank of 4 can be compared against companies in the Utilities - Regulated industry. Historically, Innovatec SpA's own Momentum Rank has ranged from 1.00 to 10.00 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Momentum Rank for an Utilities - Regulated company?
A good Momentum Rank depends on the Utilities - Regulated industry context. However, Momentum Rank 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 Momentum Rank mean?
A high Momentum Rank can signal that a stock is expensive relative to its fundamentals. Momentum Rank is determined using the standardized momentum ratio, measuring the speed and velocity of price changes in a stock. View historical data on Innovatec SpA and its competitors. Innovatec SpA's current Momentum Rank is 4, which is 33% above median its own 10-year median of 3.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Innovatec SpA stock overvalued right now?
Based on GuruFocus' analysis, Innovatec SpA (MIL:INC) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.04, compared to a current price of €0.28 — trading 597.5% above its estimated fair value. The current Momentum Rank is 4, which is 33% above median its 10-year median of 3.00. Innovatec SpA's overall GF Score™ is 34/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Momentum Rank calculated?
Momentum Rank is calculated from a company's financial statements. For Innovatec SpA (MIL:INC), the current Momentum Rank is 4 as of Sep. 15, 2026. 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 Innovatec SpA (MIL:INC) Overvalued in 2026?

Based on GuruFocus' analysis, Innovatec SpA stock appears to be overvalued. The current stock price of €0.28 is trading 597.5% above its estimated GF Value™ of €0.04. GuruFocus considers Innovatec SpA to be Significantly Overvalued.

Key valuation signals for MIL:INC:

  • Momentum Rank: 4 (33% above median its 10-year median of 3.00)
  • GF Value™: €0.04 vs. price of €0.28 (597.5% above fair value)
  • GF Score™: 34/100 with 11 warning signs

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

Innovatec SpA Business Description

Other Exchanges 5JT:Germany
Address Via Giovanni Bensi 12/3, Milano, ITA, 20152
Innovatec SpA is engaged in the field of energy efficiency and renewable energies. The group is an integrated energy service provider which develops and operates technology, products and services.
34GF Score

Get the complete analysis for MIL:INC

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

€0.28
Price
€0.04
GF Value