Telesia SpAMIL:TLS 54 Return-on-Tangible-Asset is 0.74% as of Dec. 2025, which is 23% below its 10-year median of 0.96. GuruFocus rates MIL:TLS with a GF Score™ of 54/100 and a GF Value™ of €2.18 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,034 Media - Diversified companies, Telesia SpA ranks better than 58.03% 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. Telesia SpA's annualizedNet Income for the quarter that ended in Dec. 2025 was €0.18 Mil. Telesia SpA's average total tangible assets for the quarter that ended in Dec. 2025 was €23.69 Mil. Therefore, Telesia SpA's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 0.74%.
The historical rank and industry rank for Telesia SpA's Return-on-Tangible-Asset or its related term are showing as below:
MIL:TLS'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -1.31 Med: 0.96 Max: 6.67
Current: 2.31
During the past 11 years, Telesia SpA's highest Return-on-Tangible-Asset was 6.67%. The lowest was -1.31%. And the median was 0.96%.
MIL:TLS's Return-on-Tangible-Asset is ranked better than 58.03% of 1034
companies
in the Media - Diversified industry
Industry Median: 0.74
vs MIL:TLS: 2.31
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.
Telesia SpA Return-on-Tangible-Asset Related Terms
Telesia SpA Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Telesia 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:TLS vs NXST: Return-on-Tangible-Asset Comparison
For the Broadcasting subindustry, Telesia 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.
Telesia SpA Return-on-Tangible-Asset vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Telesia SpA's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Telesia 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 0.74% mean?
Telesia SpA (MIL:TLS) has a Return-on-Tangible-Asset of 0.74% 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 Telesia SpA and its competitors. This is 23% below median its historical median of 0.96. According to the industry distribution chart, Telesia SpA ranks #434 out of 1034 companies in the Media - Diversified industry, placing it in the top 42%.
Is Telesia SpA's Return-on-Tangible-Asset too high?
Telesia SpA's current Return-on-Tangible-Asset of 0.74% is 23% below median its 10-year median of 0.96. The Media - Diversified industry median Return-on-Tangible-Asset is 0.74. Telesia SpA's value of 0.74% is 0% at this industry median. Based on the distribution chart, Telesia SpA ranks #434 out of 1034 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, Telesia SpA has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Telesia SpA's Return-on-Tangible-Asset compare to NXST?
According to the Media - Diversified industry distribution chart, Telesia SpA ranks #434 out of 1034 companies for Return-on-Tangible-Asset. This puts Telesia SpA in the upper half of its industry. The industry median Return-on-Tangible-Asset is 0.74. Telesia SpA's value of 0.74% is 0% at this benchmark. While the company's 10-year median is 0.96 vs. the industry median of 0.74, Telesia SpA has consistently been at 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 Media - Diversified company?
The median Return-on-Tangible-Asset among Media - Diversified companies is 0.74, based on 1,034 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. Telesia SpA's current Return-on-Tangible-Asset of 0.74% is 0% at 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 Telesia SpA and its competitors. For the Media - Diversified industry, the median Return-on-Tangible-Asset is 0.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Telesia SpA's current Return-on-Tangible-Asset is 0.74%, which is 23% below median its own 10-year median of 0.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Telesia SpA stock overvalued right now?
Based on GuruFocus' analysis, Telesia SpA (MIL:TLS) is currently considered Significantly Overvalued. The stock's GF Value™ is €2.18, compared to a current price of €3.64 — trading 67% above its estimated fair value. The current Return-on-Tangible-Asset is 0.74%, which is 23% below median its 10-year median of 0.96 and 0% at the Media - Diversified industry median of 0.74. Telesia SpA's overall GF Score™ is 54/100 with 8 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 Telesia SpA (MIL:TLS), the current Return-on-Tangible-Asset is 0.74% 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 Telesia SpA (MIL:TLS) Overvalued in 2026?
Based on GuruFocus' analysis, Telesia SpA stock appears to be overvalued.
The current stock price of €3.64 is trading 67% above its estimated GF Value™ of €2.18.
GuruFocus considers Telesia SpA to be Significantly Overvalued.
Key valuation signals for MIL:TLS:
Return-on-Tangible-Asset: 0.74% (23% below median its 10-year median of 0.96)
GF Value™: €2.18 vs. price of €3.64 (67% above fair value)
Industry Position: 0% at the Media - Diversified median (#434 of 1034)
No single metric tells the full story. See the MIL:TLS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Telesia SpA operates in the digital media and multimedia technologies sector. The company has two main lines of business; Telesia Go-TV and Systems Line (technology systems and services). Telesia Go-TV is involved in the broadcasting of content and information via the transmission of TV channels in airports, subway stations, on trains and buses, in motorway service areas, etc. This business derives revenue from the exploitation of advertising spaces included in the schedules of television networks installed in a frequented public place. The Systems line business is involved in the development, installation, and management of multimedia solutions and systems for audiovisual content broadcasting. Maximum revenue for the company is derived from the Telesia Go-TV business line.
54GF Score
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