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LU-VE SpAMIL:LUVE -0.64%75 Return-on-Tangible-Asset is 4.95% as of Mar. 2026, which is 16% above its 10-year median of 4.26. GuruFocus rates MIL:LUVE with a GF Score™ of 75/100 and a GF Value™ of €30.46 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,783 Construction companies, LU-VE SpA ranks better than 62.31% 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. LU-VE SpA's annualizedNet Income for the quarter that ended in Mar. 2026 was €44.0 Mil. LU-VE SpA's average total tangible assets for the quarter that ended in Mar. 2026 was €889.4 Mil. Therefore, LU-VE SpA's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 4.95%.
The historical rank and industry rank for LU-VE SpA's Return-on-Tangible-Asset or its related term are showing as below:
MIL:LUVE'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.74 Med: 4.26 Max: 7.04
Current: 4.91
During the past 12 years, LU-VE SpA's highest Return-on-Tangible-Asset was 7.04%. The lowest was 1.74%. And the median was 4.26%.
MIL:LUVE's Return-on-Tangible-Asset is ranked better than 62.31% of 1783
companies
in the Construction industry
Industry Median: 3.05
vs MIL:LUVE: 4.91
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.
LU-VE SpA Return-on-Tangible-Asset Related Terms
LU-VE SpA Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for LU-VE 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:LUVE vs TT, JCI, CARR: Return-on-Tangible-Asset Comparison
For the Building Products & Equipment subindustry, LU-VE 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.
LU-VE SpA Return-on-Tangible-Asset vs Construction Industry
For the Construction industry and Industrials sector, LU-VE SpA's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where LU-VE 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 4.95% mean?
LU-VE SpA (MIL:LUVE) has a Return-on-Tangible-Asset of 4.95% 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 LU-VE SpA and its competitors. This is 16% above median its historical median of 4.26. Over the past decade, LU-VE SpA's Return-on-Tangible-Asset has ranged from 1.74 to 7.04. According to the industry distribution chart, LU-VE SpA ranks #672 out of 1783 companies in the Construction industry, placing it in the top 37.7%.
Is LU-VE SpA's Return-on-Tangible-Asset too high?
LU-VE SpA's current Return-on-Tangible-Asset of 4.95% is 16% above median its 10-year median of 4.26. Over the past 10 years, this metric has ranged from a low of 1.74 to a high of 7.04. The Construction industry median Return-on-Tangible-Asset is 3.05. LU-VE SpA's value of 4.95% is 62.3% above this industry median. Based on the distribution chart, LU-VE SpA ranks #672 out of 1783 companies in the Construction industry, which is above the industry midpoint. Overall, LU-VE SpA has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does LU-VE SpA's Return-on-Tangible-Asset compare to TT and JCI?
According to the Construction industry distribution chart, LU-VE SpA ranks #672 out of 1783 companies for Return-on-Tangible-Asset. This puts LU-VE SpA in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.05. LU-VE SpA's value of 4.95% is 62.3% above this benchmark. Historically, LU-VE SpA's own Return-on-Tangible-Asset has ranged from 1.74 to 7.04 over the past decade. While the company's 10-year median is 4.26 vs. the industry median of 3.05, LU-VE 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 3.05, based on 1,783 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. LU-VE SpA's current Return-on-Tangible-Asset of 4.95% is 62.3% 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 LU-VE SpA and its competitors. For the Construction industry, the median Return-on-Tangible-Asset is 3.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LU-VE SpA's current Return-on-Tangible-Asset is 4.95%, which is 16% above median its own 10-year median of 4.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LU-VE SpA stock overvalued right now?
Based on GuruFocus' analysis, LU-VE SpA (MIL:LUVE) is currently considered Significantly Overvalued. The stock's GF Value™ is €30.46, compared to a current price of €61.80 — trading 102.9% above its estimated fair value. The current Return-on-Tangible-Asset is 4.95%, which is 16% above median its 10-year median of 4.26 and 62.3% above the Construction industry median of 3.05. LU-VE SpA's overall GF Score™ is 75/100 with 2 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 LU-VE SpA (MIL:LUVE), the current Return-on-Tangible-Asset is 4.95% 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 LU-VE SpA (MIL:LUVE) Overvalued in 2026?
Based on GuruFocus' analysis, LU-VE SpA stock appears to be overvalued.
The current stock price of €61.80 is trading 102.9% above its estimated GF Value™ of €30.46.
GuruFocus considers LU-VE SpA to be Significantly Overvalued.
Key valuation signals for MIL:LUVE:
Return-on-Tangible-Asset: 4.95% (16% above median its 10-year median of 4.26)
GF Value™: €30.46 vs. price of €61.80 (102.9% above fair value)
Industry Position: 62.3% above the Construction median (#672 of 1783)
No single metric tells the full story. See the MIL:LUVE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
LU-VE SpA is engaged in the manufacturing and sale of heat exchangers and air-cooled equipment. Its product portfolio includes air-cooled heat exchangers, air-cooled equipment such as unit coolers, condensers, gas coolers and liquid coolers, and glass doors for refrigerated cabinets and display cases. The company operates through two segments: SBU Cooling Systems, which includes air-cooled equipment, and SBU Components, which includes heat exchangers and special glass doors. The SBU Cooling Systems segment generates the majority of revenue. Its products are used across key sectors including refrigeration, air conditioning, special applications, and industrial cooling. The company generates the majority of its revenue from Italy.
75GF Score
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Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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