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Litix SpAMIL:LTX +7.30%16 Return-on-Tangible-Asset is 0.99% as of Jun. 2025, which is 91% below its 10-year median of 11.10. GuruFocus rates MIL:LTX with a GF Score™ of 16/100. The stock has 3 warning signs investors should review. Among 3,073 Industrial Products companies, Litix SpA ranks worse than 87.37% 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. Litix SpA's annualizedNet Income for the quarter that ended in Jun. 2025 was €0.08 Mil. Litix SpA's average total tangible assets for the quarter that ended in Jun. 2025 was €8.29 Mil. Therefore, Litix SpA's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2025 was 0.99%.
The historical rank and industry rank for Litix SpA's Return-on-Tangible-Asset or its related term are showing as below:
MIL:LTX'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -7.32 Med: 11.1 Max: 11.9
Current: -7.32
During the past 4 years, Litix SpA's highest Return-on-Tangible-Asset was 11.90%. The lowest was -7.32%. And the median was 11.10%.
MIL:LTX's Return-on-Tangible-Asset is ranked worse than 87.37% of 3073
companies
in the Industrial Products industry
Industry Median: 3.26
vs MIL:LTX: -7.32
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.
Litix SpA Return-on-Tangible-Asset Related Terms
Litix SpA Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Litix 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:LTX vs GEV, ETN, PH: Return-on-Tangible-Asset Comparison
For the Specialty Industrial Machinery subindustry, Litix 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.
Litix SpA Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Litix SpA's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Litix 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 (Jun. 2025) net income data.
What does a Return-on-Tangible-Asset of 0.99% mean?
Litix SpA (MIL:LTX) has a Return-on-Tangible-Asset of 0.99% as of Jun. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Litix SpA and its competitors. This is 91% below median its historical median of 11.10. According to the industry distribution chart, Litix SpA ranks #2685 out of 3073 companies in the Industrial Products industry, placing it in the top 87.4%.
Is Litix SpA's Return-on-Tangible-Asset too high?
Litix SpA's current Return-on-Tangible-Asset of 0.99% is 91% below median its 10-year median of 11.10. The Industrial Products industry median Return-on-Tangible-Asset is 3.26. Litix SpA's value of 0.99% is 69.6% below this industry median. Based on the distribution chart, Litix SpA ranks #2685 out of 3073 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Litix SpA has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Litix SpA's Return-on-Tangible-Asset compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Litix SpA ranks #2685 out of 3073 companies for Return-on-Tangible-Asset. This places Litix SpA in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.26. Litix SpA's value of 0.99% is 69.6% below this benchmark. While the company's 10-year median is 11.10 vs. the industry median of 3.26, Litix SpA has consistently been below 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 an Industrial Products company?
The median Return-on-Tangible-Asset among Industrial Products companies is 3.26, based on 3,073 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. Litix SpA's current Return-on-Tangible-Asset of 0.99% is 69.6% below 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 Litix SpA and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Litix SpA's current Return-on-Tangible-Asset is 0.99%, which is 91% below median its own 10-year median of 11.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Litix SpA stock overvalued right now?
Litix SpA (MIL:LTX) has a current Return-on-Tangible-Asset of 0.99%. The current Return-on-Tangible-Asset is 0.99%, which is 91% below median its 10-year median of 11.10 and 69.6% below the Industrial Products industry median of 3.26. Litix SpA's overall GF Score™ is 16/100 with 3 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 Litix SpA (MIL:LTX), the current Return-on-Tangible-Asset is 0.99% as of Jun. 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.
Litix SpA is a company active in the artistic marble processing sector. Its products and technologies are divided into the Robotor, Torart, and Aivox business units. The Robotor system is composed of (i) the software for CNC machining, (ii) the anthropomorphic robot, and (iii) accessories for greater control and optimization of the machining process. The Torart business unit uses the anthropomorphic robots of the Robotor business unit to create the works of the greatest architects, designers and artists in the world. Through the Aivox business unit the Group deals with both the development of products, processes and technologies, and 3D printing production.
16GF Score
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