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. Masi Agricola SpA's annualizedNet Income for the quarter that ended in Dec. 2025 was €-3.19 Mil. Masi Agricola SpA's average total tangible assets for the quarter that ended in Dec. 2025 was €190.00 Mil. Therefore, Masi Agricola SpA's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was -1.68%.
The historical rank and industry rank for Masi Agricola SpA's Return-on-Tangible-Asset or its related term are showing as below:
MIL:MASI'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -0.84 Med: 2.62 Max: 5.04
Current: -0.84
During the past 12 years, Masi Agricola SpA's highest Return-on-Tangible-Asset was 5.04%. The lowest was -0.84%. And the median was 2.62%.
MIL:MASI's Return-on-Tangible-Asset is ranked worse than 73.83% of 214
companies
in the Beverages - Alcoholic industry
Industry Median: 3.085
vs MIL:MASI: -0.84
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.
Masi Agricola SpA Return-on-Tangible-Asset Related Terms
Masi Agricola SpA Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Masi Agricola 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:MASI vs BF.B: Return-on-Tangible-Asset Comparison
For the Beverages - Wineries & Distilleries subindustry, Masi Agricola 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.
Masi Agricola SpA Return-on-Tangible-Asset vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Masi Agricola SpA's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Masi Agricola 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 -1.68% mean?
Masi Agricola SpA (MIL:MASI) has a Return-on-Tangible-Asset of -1.68% 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 Masi Agricola SpA and its competitors. According to the industry distribution chart, Masi Agricola SpA ranks #158 out of 214 companies in the Beverages - Alcoholic industry, placing it in the top 73.8%.
Is Masi Agricola SpA's Return-on-Tangible-Asset too high?
Masi Agricola SpA's current Return-on-Tangible-Asset is -1.68%. Based on the distribution chart, Masi Agricola SpA ranks #158 out of 214 companies in the Beverages - Alcoholic industry, which is below the industry midpoint. Overall, Masi Agricola SpA has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Masi Agricola SpA's Return-on-Tangible-Asset compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, Masi Agricola SpA ranks #158 out of 214 companies for Return-on-Tangible-Asset. This places Masi Agricola SpA in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.09. 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 Beverages - Alcoholic company?
The median Return-on-Tangible-Asset among Beverages - Alcoholic companies is 3.09, based on 214 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 Masi Agricola SpA and its competitors. For the Beverages - Alcoholic industry, the median Return-on-Tangible-Asset is 3.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Masi Agricola SpA's current Return-on-Tangible-Asset is -1.68%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Masi Agricola SpA stock overvalued right now?
Based on GuruFocus' analysis, Masi Agricola SpA (MIL:MASI) is currently considered Modestly Overvalued. The stock's GF Value™ is €4.27, compared to a current price of €4.76 — trading 11.5% above its estimated fair value. The current Return-on-Tangible-Asset is -1.68%. Masi Agricola SpA's overall GF Score™ is 72/100 with 6 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 Masi Agricola SpA (MIL:MASI), the current Return-on-Tangible-Asset is -1.68% 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.
Is Masi Agricola SpA (MIL:MASI) Overvalued in 2026?
Based on GuruFocus' analysis, Masi Agricola SpA stock appears to be overvalued.
The current stock price of €4.76 is trading 11.5% above its estimated GF Value™ of €4.27.
GuruFocus considers Masi Agricola SpA to be Modestly Overvalued.
Key valuation signals for MIL:MASI:
Return-on-Tangible-Asset: -1.68%
GF Value™: €4.27 vs. price of €4.76 (11.5% above fair value)
No single metric tells the full story. See the MIL:MASI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MIL:MASI has been successfully added to your 
