Abc Co SpA (MIL:ABC) Return-on-Tangible-Asset: 14.22% (As of Dec. 2025) — 549% Above Median

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Director of Data and Quant Analytics at GuruFocus
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MIL:ABC Abc Co SpA MIL:ABC
61 GF Score
Price €3.89
GF Value €3.94
Valuation Fairly Valued
! 6 Warning Signs
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What is Abc Co SpA Return-on-Tangible-Asset?

Abc Co SpA MIL:ABC 61 Return-on-Tangible-Asset is 14.22% as of Dec. 2025, which is 549% above its 10-year median of 2.19. GuruFocus rates MIL:ABC with a GF Score™ of 61/100 and a GF Value™ of €3.94 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,635 Asset Management companies, Abc Co SpA ranks better than 58.72% on this metric.

Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Abc Co SpA's annualized Net Income for the quarter that ended in Dec. 2025 was €6.39 Mil. Abc Co SpA's average total tangible assets for the quarter that ended in Dec. 2025 was €44.90 Mil. Therefore, Abc Co SpA's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 14.22%.

The historical rank and industry rank for Abc Co SpA's Return-on-Tangible-Asset or its related term are showing as below:

MIL:ABC' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -60.92   Med: 2.19   Max: 8.46
Current: 6.13

During the past 13 years, Abc Co SpA's highest Return-on-Tangible-Asset was 8.46%. The lowest was -60.92%. And the median was 2.19%.

MIL:ABC's Return-on-Tangible-Asset is ranked better than
58.72% of 1635 companies
in the Asset Management industry
Industry Median: 4.23 vs MIL:ABC: 6.13

Abc Co SpA  (MIL:ABC) Return-on-Tangible-Asset Explanation

Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.


Be Aware

Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the company’s earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a company’s tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.


Abc Co SpA Return-on-Tangible-Asset Related Terms


Abc Co SpA Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Abc Co SpA's Return-on-Tangible-Asset 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.

Abc Co SpA Return-on-Tangible-Asset Chart

Abc Co SpA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.15 -60.92 -1.59 -0.65 5.97

Abc Co SpA Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Return-on-Tangible-Asset 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 -0.01 -0.02 -1.21 -3.05 14.22

MIL:ABC vs BLK, BX, KKR: Return-on-Tangible-Asset Comparison

For the Asset Management subindustry, Abc Co SpA's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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.


Abc Co SpA Return-on-Tangible-Asset vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Abc Co SpA's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Abc Co SpA's Return-on-Tangible-Asset falls into.


MIL:ABC
61GF Score
Abc Co SpA MIL:ABC
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Abc Co SpA Return-on-Tangible-Asset Calculation

Abc Co SpA's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=2.601/( (37.531+49.604)/ 2 )
=2.601/43.5675
=5.97 %

Abc Co SpA's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=6.386/( (40.204+49.604)/ 2 )
=6.386/44.904
=14.22 %

* 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 annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is two times the semi-annual (Dec. 2025) net income data.

What does a Return-on-Tangible-Asset of 14.22% mean?
Abc Co SpA (MIL:ABC) has a Return-on-Tangible-Asset of 14.22% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Abc Co SpA and its competitors. This is 549% above median its historical median of 2.19. According to the industry distribution chart, Abc Co SpA ranks #675 out of 1635 companies in the Asset Management industry, placing it in the top 41.3%.
Is Abc Co SpA's Return-on-Tangible-Asset too high?
Abc Co SpA's current Return-on-Tangible-Asset of 14.22% is 549% above median its 10-year median of 2.19. The Asset Management industry median Return-on-Tangible-Asset is 4.23. Abc Co SpA's value of 14.22% is 236.2% above this industry median. Based on the distribution chart, Abc Co SpA ranks #675 out of 1635 companies in the Asset Management industry, which is above the industry midpoint. Overall, Abc Co SpA has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Abc Co SpA's Return-on-Tangible-Asset compare to BLK and BX?
According to the Asset Management industry distribution chart, Abc Co SpA ranks #675 out of 1635 companies for Return-on-Tangible-Asset. This puts Abc Co SpA in the upper half of its industry. The industry median Return-on-Tangible-Asset is 4.23. Abc Co SpA's value of 14.22% is 236.2% above this benchmark. While the company's 10-year median is 2.19 vs. the industry median of 4.23, Abc Co 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 Return-on-Tangible-Asset for an Asset Management company?
The median Return-on-Tangible-Asset among Asset Management companies is 4.23, based on 1,635 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Abc Co SpA's current Return-on-Tangible-Asset of 14.22% is 236.2% 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 Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Abc Co SpA and its competitors. For the Asset Management industry, the median Return-on-Tangible-Asset is 4.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Abc Co SpA's current Return-on-Tangible-Asset is 14.22%, which is 549% above median its own 10-year median of 2.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Abc Co SpA stock overvalued right now?
Based on GuruFocus' analysis, Abc Co SpA (MIL:ABC) is currently considered Fairly Valued. The stock's GF Value™ is €3.94, compared to a current price of €3.89 — trading 1.2% below its estimated fair value. The current Return-on-Tangible-Asset is 14.22%, which is 549% above median its 10-year median of 2.19 and 236.2% above the Asset Management industry median of 4.23. Abc Co SpA's overall GF Score™ is 61/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Abc Co SpA (MIL:ABC), the current Return-on-Tangible-Asset is 14.22% 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 Abc Co SpA (MIL:ABC) Overvalued in 2026?

Based on GuruFocus' analysis, Abc Co SpA stock appears to be undervalued. The current stock price of €3.89 is trading 1.2% below its estimated GF Value™ of €3.94. GuruFocus considers Abc Co SpA to be Fairly Valued.

Key valuation signals for MIL:ABC:

  • Return-on-Tangible-Asset: 14.22% (549% above median its 10-year median of 2.19)
  • GF Value™: €3.94 vs. price of €3.89 (1.2% below fair value)
  • GF Score™: 61/100 with 6 warning signs
  • Industry Position: 236.2% above the Asset Management median (#675 of 1635)

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


Abc Co SpA Business Description

Address Via G.B. Pirelli 30, Milano, ITA, 20124
Abc Co SpA is a capital vehicle and a benefit company that deals with the serial launch of listed and unlisted financial vehicles or instruments, to carry out business combinations with targets that reflect pre-established criteria and metrics and investing directly in listed companies, quotande or private deals.
61GF Score

Get the complete analysis for MIL:ABC

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€3.89
Price
€3.94
GF Value