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De'Longhi SpAMIL:DLG -2.25%87 Return-on-Tangible-Asset is 8.53% as of Mar. 2026, which is 18% below its 10-year median of 10.40. GuruFocus rates MIL:DLG with a GF Score™ of 87/100 and a GF Value™ of €34.82 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 434 Furnishings, Fixtures & Appliances companies, De'Longhi SpA ranks better than 91.24% 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. De'Longhi SpA's annualizedNet Income for the quarter that ended in Mar. 2026 was €247 Mil. De'Longhi SpA's average total tangible assets for the quarter that ended in Mar. 2026 was €2,893 Mil. Therefore, De'Longhi SpA's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 8.53%.
The historical rank and industry rank for De'Longhi SpA's Return-on-Tangible-Asset or its related term are showing as below:
MIL:DLG'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 6.2 Med: 10.4 Max: 11.79
Current: 11.42
During the past 13 years, De'Longhi SpA's highest Return-on-Tangible-Asset was 11.79%. The lowest was 6.20%. And the median was 10.40%.
MIL:DLG's Return-on-Tangible-Asset is ranked better than 91.24% of 434
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 2.39
vs MIL:DLG: 11.42
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.
De'Longhi SpA Return-on-Tangible-Asset Related Terms
De'Longhi SpA Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for De'Longhi 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.
MIL:DLG vs SN, SGI, MHK: Return-on-Tangible-Asset Comparison
For the Furnishings, Fixtures & Appliances subindustry, De'Longhi 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.
De'Longhi SpA Return-on-Tangible-Asset vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, De'Longhi SpA's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where De'Longhi SpA's Return-on-Tangible-Asset falls into.
* 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 8.53% mean?
De'Longhi SpA (MIL:DLG) has a Return-on-Tangible-Asset of 8.53% 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 De'Longhi SpA and its competitors. This is 18% below median its historical median of 10.40. Over the past decade, De'Longhi SpA's Return-on-Tangible-Asset has ranged from 6.20 to 11.79. According to the industry distribution chart, De'Longhi SpA ranks #38 out of 434 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 8.8%.
Is De'Longhi SpA's Return-on-Tangible-Asset too high?
De'Longhi SpA's current Return-on-Tangible-Asset of 8.53% is 18% below median its 10-year median of 10.40. Over the past 10 years, this metric has ranged from a low of 6.20 to a high of 11.79. The Furnishings, Fixtures & Appliances industry median Return-on-Tangible-Asset is 2.39. De'Longhi SpA's value of 8.53% is 256.9% above this industry median. Based on the distribution chart, De'Longhi SpA ranks #38 out of 434 companies in the Furnishings, Fixtures & Appliances industry, which is in the top quartile — a strong position relative to peers. Overall, De'Longhi SpA has a GF Score™ of 87/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does De'Longhi SpA's Return-on-Tangible-Asset compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, De'Longhi SpA ranks #38 out of 434 companies for Return-on-Tangible-Asset. This places De'Longhi SpA in the top 9% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.39. De'Longhi SpA's value of 8.53% is 256.9% above this benchmark. Historically, De'Longhi SpA's own Return-on-Tangible-Asset has ranged from 6.20 to 11.79 over the past decade. While the company's 10-year median is 10.40 vs. the industry median of 2.39, De'Longhi 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 Furnishings, Fixtures & Appliances company?
The median Return-on-Tangible-Asset among Furnishings, Fixtures & Appliances companies is 2.39, based on 434 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. De'Longhi SpA's current Return-on-Tangible-Asset of 8.53% is 256.9% 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 De'Longhi SpA and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Return-on-Tangible-Asset is 2.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. De'Longhi SpA's current Return-on-Tangible-Asset is 8.53%, which is 18% below median its own 10-year median of 10.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is De'Longhi SpA stock overvalued right now?
Based on GuruFocus' analysis, De'Longhi SpA (MIL:DLG) is currently considered Modestly Overvalued. The stock's GF Value™ is €34.82, compared to a current price of €40.04 — trading 15% above its estimated fair value. The current Return-on-Tangible-Asset is 8.53%, which is 18% below median its 10-year median of 10.40 and 256.9% above the Furnishings, Fixtures & Appliances industry median of 2.39. De'Longhi SpA's overall GF Score™ is 87/100 with 5 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 De'Longhi SpA (MIL:DLG), the current Return-on-Tangible-Asset is 8.53% 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 De'Longhi SpA (MIL:DLG) Overvalued in 2026?
Based on GuruFocus' analysis, De'Longhi SpA stock appears to be overvalued.
The current stock price of €40.04 is trading 15% above its estimated GF Value™ of €34.82.
GuruFocus considers De'Longhi SpA to be Modestly Overvalued.
Key valuation signals for MIL:DLG:
Return-on-Tangible-Asset: 8.53% (18% below median its 10-year median of 10.40)
GF Value™: €34.82 vs. price of €40.04 (15% above fair value)
Industry Position: 256.9% above the Furnishings, Fixtures & Appliances median (#38 of 434)
No single metric tells the full story. See the MIL:DLG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
De'Longhi SPA is an Italy-based company that is principally engaged in designing, producing, and selling small domestic appliances. The company's products consist of coffeemakers, cooking and food products, home-care products, air conditioners and air treatment products, electric heaters, and others. The company offers products under four brands: De'Longhi, Kenwood, Braun, and Ariete. It has two business segment Household and Professional divisions. Key revenue is generated from Household segment. The company has a business presence across the world, including Europe, America, MEIA Asia Pacific, and others, The company generates maximum revenue from Europe.
87GF 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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