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Sesa SpAMIL:SES +0.36%95 Return-on-Tangible-Asset is 6.20% as of Jan. 2026, which is 47% above its 10-year median of 4.21. GuruFocus rates MIL:SES with a GF Score™ of 95/100 and a GF Value™ of €107.87 (Modestly Undervalued). The stock has 11 warning signs investors should review. Among 2,886 Software companies, Sesa SpA ranks better than 57.07% 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. Sesa SpA's annualizedNet Income for the quarter that ended in Jan. 2026 was €112 Mil. Sesa SpA's average total tangible assets for the quarter that ended in Jan. 2026 was €1,810 Mil. Therefore, Sesa SpA's annualized Return-on-Tangible-Asset for the quarter that ended in Jan. 2026 was 6.20%.
The historical rank and industry rank for Sesa SpA's Return-on-Tangible-Asset or its related term are showing as below:
MIL:SES'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 3.66 Med: 4.21 Max: 6.12
Current: 3.82
During the past 13 years, Sesa SpA's highest Return-on-Tangible-Asset was 6.12%. The lowest was 3.66%. And the median was 4.21%.
MIL:SES's Return-on-Tangible-Asset is ranked better than 57.07% of 2886
companies
in the Software industry
Industry Median: 2.04
vs MIL:SES: 3.82
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.
Sesa SpA Return-on-Tangible-Asset Related Terms
Sesa SpA Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Sesa 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:SES vs IBM, ACN, FISV: Return-on-Tangible-Asset Comparison
For the Information Technology Services subindustry, Sesa 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.
Sesa SpA Return-on-Tangible-Asset vs Software Industry
For the Software industry and Technology sector, Sesa SpA's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Sesa 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 (Jan. 2026) net income data.
What does a Return-on-Tangible-Asset of 6.20% mean?
Sesa SpA (MIL:SES) has a Return-on-Tangible-Asset of 6.20% as of Jan. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Sesa SpA and its competitors. This is 47% above median its historical median of 4.21. Over the past decade, Sesa SpA's Return-on-Tangible-Asset has ranged from 3.66 to 6.12. According to the industry distribution chart, Sesa SpA ranks #1239 out of 2886 companies in the Software industry, placing it in the top 42.9%.
Is Sesa SpA's Return-on-Tangible-Asset too high?
Sesa SpA's current Return-on-Tangible-Asset of 6.20% is 47% above median its 10-year median of 4.21. Over the past 10 years, this metric has ranged from a low of 3.66 to a high of 6.12. The Software industry median Return-on-Tangible-Asset is 2.04. Sesa SpA's value of 6.20% is 203.9% above this industry median. Based on the distribution chart, Sesa SpA ranks #1239 out of 2886 companies in the Software industry, which is above the industry midpoint. Overall, Sesa SpA has a GF Score™ of 95/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sesa SpA's Return-on-Tangible-Asset compare to IBM and ACN?
According to the Software industry distribution chart, Sesa SpA ranks #1239 out of 2886 companies for Return-on-Tangible-Asset. This puts Sesa SpA in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.04. Sesa SpA's value of 6.20% is 203.9% above this benchmark. Historically, Sesa SpA's own Return-on-Tangible-Asset has ranged from 3.66 to 6.12 over the past decade. While the company's 10-year median is 4.21 vs. the industry median of 2.04, Sesa 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 Software company?
The median Return-on-Tangible-Asset among Software companies is 2.04, based on 2,886 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. Sesa SpA's current Return-on-Tangible-Asset of 6.20% is 203.9% 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 Sesa SpA and its competitors. For the Software industry, the median Return-on-Tangible-Asset is 2.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sesa SpA's current Return-on-Tangible-Asset is 6.20%, which is 47% above median its own 10-year median of 4.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sesa SpA stock overvalued right now?
Based on GuruFocus' analysis, Sesa SpA (MIL:SES) is currently considered Modestly Undervalued. The stock's GF Value™ is €107.87, compared to a current price of €96.80 — trading 10.3% below its estimated fair value. The current Return-on-Tangible-Asset is 6.20%, which is 47% above median its 10-year median of 4.21 and 203.9% above the Software industry median of 2.04. Sesa SpA's overall GF Score™ is 95/100 with 11 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 Sesa SpA (MIL:SES), the current Return-on-Tangible-Asset is 6.20% as of Jan. 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 Sesa SpA (MIL:SES) Overvalued in 2026?
Based on GuruFocus' analysis, Sesa SpA stock appears to be undervalued.
The current stock price of €96.80 is trading 10.3% below its estimated GF Value™ of €107.87.
GuruFocus considers Sesa SpA to be Modestly Undervalued.
Key valuation signals for MIL:SES:
Return-on-Tangible-Asset: 6.20% (47% above median its 10-year median of 4.21)
GF Value™: €107.87 vs. price of €96.80 (10.3% below fair value)
Industry Position: 203.9% above the Software median (#1239 of 2886)
No single metric tells the full story. See the MIL:SES stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sesa SpA and its subsidiaries are in the business of the distribution of value-added IT solutions and products. The firm functions through the Business Services Sector, Value Added Distribution, Corporate Sector, and the Software and System Integration segment. The activities of these segments include the distribution of software and hardware technologies, the supply of IT services and solutions, administrative and financial services, organization, planning, and control, management of information technologies, human resources, general, corporate, and legal affairs, activities related to logistics services and cloud computing.
95GF Score
Get the complete analysis for MIL:SES
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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