ETS Engineering and Technical Services SpAMIL:ETS +3.17%21 Return-on-Tangible-Asset is 25.71% as of Dec. 2025, which is 29% above its 10-year median of 19.94. GuruFocus rates MIL:ETS with a GF Score™ of 21/100. The stock has 1 warning sign investors should review. Among 1,779 Construction companies, ETS Engineering and Technical Services SpA ranks better than 96.51% on this metric.
MIL:ETS's Return-on-Tangible-Asset is ranked better than 96.51% of 1779
companies
in the Construction industry
Industry Median: 3.03
vs MIL:ETS: 19.42
ETS Engineering and Technical Services SpA (MIL:ETS) 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.
ETS Engineering and Technical Services SpA Return-on-Tangible-Asset Related Terms
ETS Engineering and Technical Services 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.
ETS Engineering and Technical Services SpA Return-on-Tangible-Asset Chart
ETS Engineering and Technical Services SpA Annual Data
Trend
Dec23
Dec24
Dec25
Return-on-Tangible-Asset
19.94
22.60
19.42
ETS Engineering and Technical Services SpA Semi-Annual Data
Dec23
Dec24
Jun25
Dec25
Return-on-Tangible-Asset
0.00
0.00
13.73
25.71
MIL:ETS vs PWR, FIX, EME: Return-on-Tangible-Asset Comparison
For the Engineering & Construction subindustry, ETS Engineering and Technical Services 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.
ETS Engineering and Technical Services SpA Return-on-Tangible-Asset vs Construction 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 two times the semi-annual (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 25.71% mean?
ETS Engineering and Technical Services SpA (MIL:ETS) has a Return-on-Tangible-Asset of 25.71% 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 ETS Engineering and Technical Services SpA and its competitors. This is 29% above median its historical median of 19.94. Over the past decade, ETS Engineering and Technical Services SpA's Return-on-Tangible-Asset has ranged from 19.42 to 22.60. According to the industry distribution chart, ETS Engineering and Technical Services SpA ranks #62 out of 1779 companies in the Construction industry, placing it in the top 3.5%.
Is ETS Engineering and Technical Services SpA's Return-on-Tangible-Asset too high?
ETS Engineering and Technical Services SpA's current Return-on-Tangible-Asset of 25.71% is 29% above median its 10-year median of 19.94. Over the past 10 years, this metric has ranged from a low of 19.42 to a high of 22.60. The Construction industry median Return-on-Tangible-Asset is 3.03. ETS Engineering and Technical Services SpA's value of 25.71% is 748.5% above this industry median. Based on the distribution chart, ETS Engineering and Technical Services SpA ranks #62 out of 1779 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, ETS Engineering and Technical Services SpA has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does ETS Engineering and Technical Services SpA's Return-on-Tangible-Asset compare to PWR and FIX?
According to the Construction industry distribution chart, ETS Engineering and Technical Services SpA ranks #62 out of 1779 companies for Return-on-Tangible-Asset. This places ETS Engineering and Technical Services SpA in the top 4% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.03. ETS Engineering and Technical Services SpA's value of 25.71% is 748.5% above this benchmark. Historically, ETS Engineering and Technical Services SpA's own Return-on-Tangible-Asset has ranged from 19.42 to 22.60 over the past decade. While the company's 10-year median is 19.94 vs. the industry median of 3.03, ETS Engineering and Technical Services 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 Construction company?
The median Return-on-Tangible-Asset among Construction companies is 3.03, based on 1,779 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. ETS Engineering and Technical Services SpA's current Return-on-Tangible-Asset of 25.71% is 748.5% 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 ETS Engineering and Technical Services SpA and its competitors. For the Construction industry, the median Return-on-Tangible-Asset is 3.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ETS Engineering and Technical Services SpA's current Return-on-Tangible-Asset is 25.71%, which is 29% above median its own 10-year median of 19.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ETS Engineering and Technical Services SpA stock overvalued right now?
ETS Engineering and Technical Services SpA (MIL:ETS) has a current Return-on-Tangible-Asset of 25.71%. The current Return-on-Tangible-Asset is 25.71%, which is 29% above median its 10-year median of 19.94 and 748.5% above the Construction industry median of 3.03. ETS Engineering and Technical Services SpA's overall GF Score™ is 21/100 with 1 warning sign 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 ETS Engineering and Technical Services SpA (MIL:ETS), the current Return-on-Tangible-Asset is 25.71% 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.
ETS Engineering and Technical Services SpA Business Description
ETS Engineering and Technical Services SpA is an engineering company. The company offers integrated services in civil and systems engineering. It provides end-to-end solutions from feasibility studies and energy diagnostics to design, project management, and site supervision, ensuring efficiency, cost control, and technical excellence for both public and private clients.
21GF Score
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