Esprinet SpAMIL:PRT -1.57%69 Return-on-Tangible-Asset is 0.61% as of Mar. 2026, which is 65% below its 10-year median of 1.74. GuruFocus rates MIL:PRT with a GF Score™ of 69/100 and a GF Value™ of €5.79 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 2,497 Hardware companies, Esprinet SpA ranks worse than 57.51% 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. Esprinet SpA's annualizedNet Income for the quarter that ended in Mar. 2026 was €11 Mil. Esprinet SpA's average total tangible assets for the quarter that ended in Mar. 2026 was €1,861 Mil. Therefore, Esprinet SpA's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 0.61%.
The historical rank and industry rank for Esprinet SpA's Return-on-Tangible-Asset or its related term are showing as below:
MIL:PRT'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -0.69 Med: 1.74 Max: 2.72
Current: 1.29
During the past 13 years, Esprinet SpA's highest Return-on-Tangible-Asset was 2.72%. The lowest was -0.69%. And the median was 1.74%.
MIL:PRT's Return-on-Tangible-Asset is ranked worse than 57.51% of 2497
companies
in the Hardware industry
Industry Median: 2.43
vs MIL:PRT: 1.29
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.
Esprinet SpA Return-on-Tangible-Asset Related Terms
Esprinet SpA Return-on-Tangible-Asset Historical Data
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The historical data trend for Esprinet 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:PRT vs SNX, ARW, AVT: Return-on-Tangible-Asset Comparison
For the Electronics & Computer Distribution subindustry, Esprinet 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.
Esprinet SpA Return-on-Tangible-Asset vs Hardware Industry
For the Hardware industry and Technology sector, Esprinet SpA's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Esprinet 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 0.61% mean?
Esprinet SpA (MIL:PRT) has a Return-on-Tangible-Asset of 0.61% 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 Esprinet SpA and its competitors. This is 65% below median its historical median of 1.74. According to the industry distribution chart, Esprinet SpA ranks #1436 out of 2497 companies in the Hardware industry, placing it in the top 57.5%.
Is Esprinet SpA's Return-on-Tangible-Asset too high?
Esprinet SpA's current Return-on-Tangible-Asset of 0.61% is 65% below median its 10-year median of 1.74. The Hardware industry median Return-on-Tangible-Asset is 2.43. Esprinet SpA's value of 0.61% is 74.9% below this industry median. Based on the distribution chart, Esprinet SpA ranks #1436 out of 2497 companies in the Hardware industry, which is below the industry midpoint. Overall, Esprinet SpA has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Esprinet SpA's Return-on-Tangible-Asset compare to SNX and ARW?
According to the Hardware industry distribution chart, Esprinet SpA ranks #1436 out of 2497 companies for Return-on-Tangible-Asset. This places Esprinet SpA in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.43. Esprinet SpA's value of 0.61% is 74.9% below this benchmark. While the company's 10-year median is 1.74 vs. the industry median of 2.43, Esprinet 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 a Hardware company?
The median Return-on-Tangible-Asset among Hardware companies is 2.43, based on 2,497 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. Esprinet SpA's current Return-on-Tangible-Asset of 0.61% is 74.9% 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 Esprinet SpA and its competitors. For the Hardware industry, the median Return-on-Tangible-Asset is 2.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Esprinet SpA's current Return-on-Tangible-Asset is 0.61%, which is 65% below median its own 10-year median of 1.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Esprinet SpA stock overvalued right now?
Based on GuruFocus' analysis, Esprinet SpA (MIL:PRT) is currently considered Modestly Overvalued. The stock's GF Value™ is €5.79, compared to a current price of €6.90 — trading 19.2% above its estimated fair value. The current Return-on-Tangible-Asset is 0.61%, which is 65% below median its 10-year median of 1.74 and 74.9% below the Hardware industry median of 2.43. Esprinet SpA's overall GF Score™ is 69/100 with 9 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 Esprinet SpA (MIL:PRT), the current Return-on-Tangible-Asset is 0.61% 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 Esprinet SpA (MIL:PRT) Overvalued in 2026?
Based on GuruFocus' analysis, Esprinet SpA stock appears to be overvalued.
The current stock price of €6.90 is trading 19.2% above its estimated GF Value™ of €5.79.
GuruFocus considers Esprinet SpA to be Modestly Overvalued.
Key valuation signals for MIL:PRT:
Return-on-Tangible-Asset: 0.61% (65% below median its 10-year median of 1.74)
GF Value™: €5.79 vs. price of €6.90 (19.2% above fair value)
Industry Position: 74.9% below the Hardware median (#1436 of 2497)
No single metric tells the full story. See the MIL:PRT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Esprinet SpA is engaged in the wholesale distribution of IT and consumer electronics in Italy and Spain. It's especially focused on delivering technology to resellers, mainly addressing the small-to-midsize businesses (SMB). The main activity is the wholesale distribution of IT products (hardware, software, and services) and consumer electronics, aimed at retailers oriented towards both consumer and business end-users. The company operates in Europe from Italy, Spain, Portugal, the Netherlands, and Ireland, and outside Europe, from Morocco, in the business-to-business (B2B) distribution of Information Technology (IT) and consumer electronics.
69GF Score
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