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MIL:ADB's Return-on-Tangible-Asset is ranked better than 96.23% of 1009
companies
in the Transportation industry
Industry Median: 3.78
vs MIL:ADB: 18.42
Aeroporto Guglielmo Marconi di Bologna SpA (MIL:ADB) 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 companys 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 companys 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.
Aeroporto Guglielmo Marconi di Bologna SpA Return-on-Tangible-Asset Related Terms
Aeroporto Guglielmo Marconi di Bologna SpA Return-on-Tangible-Asset Historical Data
* 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.
Aeroporto Guglielmo Marconi di Bologna SpA Return-on-Tangible-Asset Chart
Aeroporto Guglielmo Marconi di Bologna SpA Annual Data
MIL:ADB vs JOBY, CAAP: Return-on-Tangible-Asset Comparison
For the Airports & Air Services subindustry, Aeroporto Guglielmo Marconi di Bologna 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.
Aeroporto Guglielmo Marconi di Bologna SpA Return-on-Tangible-Asset vs Transportation Industry
* 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 four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 6.98% mean?
Aeroporto Guglielmo Marconi di Bologna SpA (MIL:ADB) has a Return-on-Tangible-Asset of 6.98% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Aeroporto Guglielmo Marconi di Bologna SpA and its competitors. This is 59% below median its historical median of 16.96. According to the industry distribution chart, Aeroporto Guglielmo Marconi di Bologna SpA ranks #38 out of 1009 companies in the Transportation industry, placing it in the top 3.8%.
Is Aeroporto Guglielmo Marconi di Bologna SpA's Return-on-Tangible-Asset too high?
Aeroporto Guglielmo Marconi di Bologna SpA's current Return-on-Tangible-Asset of 6.98% is 59% below median its 10-year median of 16.96. The Transportation industry median Return-on-Tangible-Asset is 3.78. Aeroporto Guglielmo Marconi di Bologna SpA's value of 6.98% is 84.7% above this industry median. Based on the distribution chart, Aeroporto Guglielmo Marconi di Bologna SpA ranks #38 out of 1009 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Aeroporto Guglielmo Marconi di Bologna SpA has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Aeroporto Guglielmo Marconi di Bologna SpA's Return-on-Tangible-Asset compare to JOBY and CAAP?
According to the Transportation industry distribution chart, Aeroporto Guglielmo Marconi di Bologna SpA ranks #38 out of 1009 companies for Return-on-Tangible-Asset. This places Aeroporto Guglielmo Marconi di Bologna SpA in the top 4% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.78. Aeroporto Guglielmo Marconi di Bologna SpA's value of 6.98% is 84.7% above this benchmark. While the company's 10-year median is 16.96 vs. the industry median of 3.78, Aeroporto Guglielmo Marconi di Bologna 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 a Transportation company?
The median Return-on-Tangible-Asset among Transportation companies is 3.78, based on 1,009 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. Aeroporto Guglielmo Marconi di Bologna SpA's current Return-on-Tangible-Asset of 6.98% is 84.7% 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 Aeroporto Guglielmo Marconi di Bologna SpA and its competitors. For the Transportation industry, the median Return-on-Tangible-Asset is 3.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aeroporto Guglielmo Marconi di Bologna SpA's current Return-on-Tangible-Asset is 6.98%, which is 59% below median its own 10-year median of 16.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aeroporto Guglielmo Marconi di Bologna SpA stock overvalued right now?
Based on GuruFocus' analysis, Aeroporto Guglielmo Marconi di Bologna SpA (MIL:ADB) is currently considered Fairly Valued. The stock's GF Value™ is €9.67, compared to a current price of €10.25 — trading 6% above its estimated fair value. The current Return-on-Tangible-Asset is 6.98%, which is 59% below median its 10-year median of 16.96 and 84.7% above the Transportation industry median of 3.78. Aeroporto Guglielmo Marconi di Bologna SpA's overall GF Score™ is 73/100 with 4 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 Aeroporto Guglielmo Marconi di Bologna SpA (MIL:ADB), the current Return-on-Tangible-Asset is 6.98% as of Mar. 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 Aeroporto Guglielmo Marconi di Bologna SpA (MIL:ADB) Overvalued in 2026?
Based on GuruFocus' analysis, Aeroporto Guglielmo Marconi di Bologna SpA stock appears to be overvalued.
The current stock price of €10.25 is trading 6% above its estimated GF Value™ of €9.67.
GuruFocus considers Aeroporto Guglielmo Marconi di Bologna SpA to be Fairly Valued.
Key valuation signals for MIL:ADB:
Return-on-Tangible-Asset: 6.98% (59% below median its 10-year median of 16.96)
GF Value™: €9.67 vs. price of €10.25 (6% above fair value)
Industry Position: 84.7% above the Transportation median (#38 of 1009)
No single metric tells the full story. See the MIL:ADB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Aeroporto Guglielmo Marconi di Bologna SpA Business Description
Aeroporto Guglielmo Marconi di Bologna SpA is engaged in the airport operations. It operates with three business units Aviation, Non-Aviation, and Other. Aviation unit is responsible for providing security services, information to the public and airport users, development of the airport infrastructure and service to passengers whereas Non-Aviation unit is concern about parking management, retail sub-concessions, advertising, passenger services and real estate management areas. The group generates revenue through Carriers, Airport Operators, Passenger Revenue, Traffic Incentives and Construction Services.
73GF Score
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Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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