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Esi SpA (MIL:ESIGM) Return-on-Tangible-Asset : 2.65% (As of Dec. 2024)


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What is Esi SpA Return-on-Tangible-Asset?

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. Esi SpA's annualized Net Income for the quarter that ended in Dec. 2024 was €0.78 Mil. Esi SpA's average total tangible assets for the quarter that ended in Dec. 2024 was €29.24 Mil. Therefore, Esi SpA's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2024 was 2.65%.

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

MIL:ESIGM' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -5.33   Med: 2.75   Max: 22.64
Current: 4.37

During the past 6 years, Esi SpA's highest Return-on-Tangible-Asset was 22.64%. The lowest was -5.33%. And the median was 2.75%.

MIL:ESIGM's Return-on-Tangible-Asset is ranked better than
62.14% of 1738 companies
in the Construction industry
Industry Median: 2.695 vs MIL:ESIGM: 4.37

Esi SpA Return-on-Tangible-Asset Historical Data

The historical data trend for Esi 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.

* Premium members only.

Esi SpA Return-on-Tangible-Asset Chart

Esi SpA Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Asset
Get a 7-Day Free Trial 8.11 1.27 -0.85 -5.33 4.22

Esi SpA Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -3.31 -5.34 -4.23 6.68 2.65

Competitive Comparison of Esi SpA's Return-on-Tangible-Asset

For the Engineering & Construction subindustry, Esi 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.


Esi SpA's Return-on-Tangible-Asset Distribution in the Construction Industry

For the Construction industry and Industrials sector, Esi SpA's Return-on-Tangible-Asset distribution charts can be found below:

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


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Esi SpA Return-on-Tangible-Asset Calculation

Esi SpA's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=1.174/( (22.184+33.502)/ 2 )
=1.174/27.843
=4.22 %

Esi SpA's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Jun. 2024 )(Q: Dec. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Jun. 2024 )(Q: Dec. 2024 )
=0.776/( (24.972+33.502)/ 2 )
=0.776/29.237
=2.65 %

* 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. 2024) net income data.


Esi SpA  (MIL:ESIGM) 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.


Esi SpA Return-on-Tangible-Asset Related Terms

Thank you for viewing the detailed overview of Esi SpA's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Esi SpA Business Description

Industry
Traded in Other Exchanges
N/A
Address
Viale Luigi Schiavonetti 290, Rome, ITA, 00173
Esi SpA operates in the renewable energy market as an EPC contractor and a System Integrator. The company covers all phases within the renewable energy value chain, from project development to engineering and construction. As an EPC contractor, it is involved in designing and constructing turnkey photovoltaic systems, civil works, excavations, roads, wind farm foundations, and high-voltage underground cable ducts. It also builds control cabins and foundations for high-voltage plants, provides maintenance of photovoltaic power plants, and performs other related activities. As a System Integrator, the company constructs mini-grid and off-grid systems for electricity supply in remote areas and designs storage systems for electrical energy production.

Esi SpA Headlines

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