Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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.
Equita Group SpAMIL:EQUI -1.47%74 Return-on-Tangible-Asset is 4.74% as of Mar. 2026, which is 5% above its 10-year median of 4.52. GuruFocus rates MIL:EQUI with a GF Score™ of 74/100 and a GF Value™ of €5.03 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 817 Capital Markets companies, Equita Group SpA ranks better than 79.19% 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. Equita Group SpA's annualizedNet Income for the quarter that ended in Mar. 2026 was €18.6 Mil. Equita Group SpA's average total tangible assets for the quarter that ended in Mar. 2026 was €392.2 Mil. Therefore, Equita Group SpA's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 4.74%.
The historical rank and industry rank for Equita Group SpA's Return-on-Tangible-Asset or its related term are showing as below:
MIL:EQUI'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 3.42 Med: 4.52 Max: 7.87
Current: 6.75
During the past 10 years, Equita Group SpA's highest Return-on-Tangible-Asset was 7.87%. The lowest was 3.42%. And the median was 4.52%.
MIL:EQUI's Return-on-Tangible-Asset is ranked better than 79.19% of 817
companies
in the Capital Markets industry
Industry Median: 1.54
vs MIL:EQUI: 6.75
Equita Group SpA (MIL:EQUI) 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.
Equita Group SpA Return-on-Tangible-Asset Related Terms
Equita Group SpA Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Equita Group 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:EQUI vs MS, GS, SCHW: Return-on-Tangible-Asset Comparison
For the Capital Markets subindustry, Equita Group 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.
Equita Group SpA Return-on-Tangible-Asset vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Equita Group SpA's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Equita Group 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 4.74% mean?
Equita Group SpA (MIL:EQUI) has a Return-on-Tangible-Asset of 4.74% 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 Equita Group SpA and its competitors. This is near median its historical median of 4.52. Over the past decade, Equita Group SpA's Return-on-Tangible-Asset has ranged from 3.42 to 7.87. According to the industry distribution chart, Equita Group SpA ranks #170 out of 817 companies in the Capital Markets industry, placing it in the top 20.8%.
Is Equita Group SpA's Return-on-Tangible-Asset too high?
Equita Group SpA's current Return-on-Tangible-Asset of 4.74% is near median its 10-year median of 4.52. Over the past 10 years, this metric has ranged from a low of 3.42 to a high of 7.87. The Capital Markets industry median Return-on-Tangible-Asset is 1.54. Equita Group SpA's value of 4.74% is 207.8% above this industry median. Based on the distribution chart, Equita Group SpA ranks #170 out of 817 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Equita Group SpA has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Equita Group SpA's Return-on-Tangible-Asset compare to MS and GS?
According to the Capital Markets industry distribution chart, Equita Group SpA ranks #170 out of 817 companies for Return-on-Tangible-Asset. This places Equita Group SpA in the top 21% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 1.54. Equita Group SpA's value of 4.74% is 207.8% above this benchmark. Historically, Equita Group SpA's own Return-on-Tangible-Asset has ranged from 3.42 to 7.87 over the past decade. While the company's 10-year median is 4.52 vs. the industry median of 1.54, Equita Group 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 Capital Markets company?
The median Return-on-Tangible-Asset among Capital Markets companies is 1.54, based on 817 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. Equita Group SpA's current Return-on-Tangible-Asset of 4.74% is 207.8% 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 Equita Group SpA and its competitors. For the Capital Markets industry, the median Return-on-Tangible-Asset is 1.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Equita Group SpA's current Return-on-Tangible-Asset is 4.74%, which is near median its own 10-year median of 4.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Equita Group SpA stock overvalued right now?
Based on GuruFocus' analysis, Equita Group SpA (MIL:EQUI) is currently considered Modestly Overvalued. The stock's GF Value™ is €5.03, compared to a current price of €6.05 — trading 20.3% above its estimated fair value. The current Return-on-Tangible-Asset is 4.74%, which is near median its 10-year median of 4.52 and 207.8% above the Capital Markets industry median of 1.54. Equita Group SpA's overall GF Score™ is 74/100 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 Equita Group SpA (MIL:EQUI), the current Return-on-Tangible-Asset is 4.74% 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 Equita Group SpA (MIL:EQUI) Overvalued in 2026?
Based on GuruFocus' analysis, Equita Group SpA stock appears to be overvalued.
The current stock price of €6.05 is trading 20.3% above its estimated GF Value™ of €5.03.
GuruFocus considers Equita Group SpA to be Modestly Overvalued.
Key valuation signals for MIL:EQUI:
Return-on-Tangible-Asset: 4.74% (near median its 10-year median of 4.52)
GF Value™: €5.03 vs. price of €6.05 (20.3% above fair value)
Industry Position: 207.8% above the Capital Markets median (#170 of 817)
No single metric tells the full story. See the MIL:EQUI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Equita Group SpA is an Italy-based independent advisory and capital market company. It offers advisory services in M&A and corporate finance transactions, capital raising, market insights, and investment ideas and solutions, both in Italy and internationally, supporting clients in all their strategic initiatives and projects.
74GF Score
Get the complete analysis for MIL:EQUI
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MIL:EQUI has been successfully added to your 
