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High Quality Food SpAMIL:HQF -0.98%31 Return-on-Tangible-Asset is -3.12% as of Dec. 2025. GuruFocus rates MIL:HQF with a GF Score™ of 31/100. The stock has 7 warning signs investors should review. Among 311 Retail - Defensive companies, High Quality Food SpA ranks worse than 74.92% 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. High Quality Food SpA's annualizedNet Income for the quarter that ended in Dec. 2025 was €-0.74 Mil. High Quality Food SpA's average total tangible assets for the quarter that ended in Dec. 2025 was €23.75 Mil. Therefore, High Quality Food SpA's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was -3.12%.
The historical rank and industry rank for High Quality Food SpA's Return-on-Tangible-Asset or its related term are showing as below:
MIL:HQF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.63 Med: 1.54 Max: 3.46
Current: 0.63
During the past 5 years, High Quality Food SpA's highest Return-on-Tangible-Asset was 3.46%. The lowest was 0.63%. And the median was 1.54%.
MIL:HQF's Return-on-Tangible-Asset is ranked worse than 74.92% of 311
companies
in the Retail - Defensive industry
Industry Median: 3.85
vs MIL:HQF: 0.63
High Quality Food SpA (MIL:HQF) 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.
High Quality Food SpA Return-on-Tangible-Asset Related Terms
High Quality Food SpA Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for High Quality Food 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.
High Quality Food SpA Return-on-Tangible-Asset Chart
MIL:HQF vs SYY, USFD, PFGC: Return-on-Tangible-Asset Comparison
For the Food Distribution subindustry, High Quality Food 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.
High Quality Food SpA Return-on-Tangible-Asset vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, High Quality Food SpA's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where High Quality Food 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 two times the semi-annual (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of -3.12% mean?
High Quality Food SpA (MIL:HQF) has a Return-on-Tangible-Asset of -3.12% 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 High Quality Food SpA and its competitors. Over the past decade, High Quality Food SpA's Return-on-Tangible-Asset has ranged from 0.63 to 3.46. According to the industry distribution chart, High Quality Food SpA ranks #233 out of 311 companies in the Retail - Defensive industry, placing it in the top 74.9%.
Is High Quality Food SpA's Return-on-Tangible-Asset too high?
High Quality Food SpA's current Return-on-Tangible-Asset is -3.12%. Over the past 10 years, this metric has ranged from a low of 0.63 to a high of 3.46. Based on the distribution chart, High Quality Food SpA ranks #233 out of 311 companies in the Retail - Defensive industry, which is below the industry midpoint. Overall, High Quality Food SpA has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does High Quality Food SpA's Return-on-Tangible-Asset compare to SYY and USFD?
According to the Retail - Defensive industry distribution chart, High Quality Food SpA ranks #233 out of 311 companies for Return-on-Tangible-Asset. This places High Quality Food SpA in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.85. Historically, High Quality Food SpA's own Return-on-Tangible-Asset has ranged from 0.63 to 3.46 over the past decade. 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 Retail - Defensive company?
The median Return-on-Tangible-Asset among Retail - Defensive companies is 3.85, based on 311 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. 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 High Quality Food SpA and its competitors. For the Retail - Defensive industry, the median Return-on-Tangible-Asset is 3.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. High Quality Food SpA's current Return-on-Tangible-Asset is -3.12%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is High Quality Food SpA stock overvalued right now?
High Quality Food SpA (MIL:HQF) has a current Return-on-Tangible-Asset of -3.12%. The current Return-on-Tangible-Asset is -3.12%. High Quality Food SpA's overall GF Score™ is 31/100 with 7 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 High Quality Food SpA (MIL:HQF), the current Return-on-Tangible-Asset is -3.12% 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.
High Quality Food SpA specializes in producing and marketing food products mainly for the hotel and restaurant sectors. It offers meats, charcuterie products, cheese products, fish and seafood products, fresh fruits and vegetables, bakery products, pasta, rice and cereals, oil, sauces and condiments, canned and tinned products, etc. The company also sells accessories for the catering industry such as vacuum packing, bamboo skewers, packaging, etc. Geographically, the company derives a majority of its revenue from Italy and the rest from other parts of Europe, and other countries.
31GF Score
Get the complete analysis for MIL:HQF
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