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Technical Publications Service SpAMIL:TPS 94 Return-on-Tangible-Asset is 9.10% as of Dec. 2025, which is 2% below its 10-year median of 9.27. GuruFocus rates MIL:TPS with a GF Score™ of 94/100 and a GF Value™ of €7.25 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,009 Transportation companies, Technical Publications Service SpA ranks better than 81.57% on this metric.
The historical rank and industry rank for Technical Publications Service SpA's Return-on-Tangible-Asset or its related term are showing as below:
MIL:TPS'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 4.94 Med: 9.27 Max: 26.66
Current: 8.8
During the past 11 years, Technical Publications Service SpA's highest Return-on-Tangible-Asset was 26.66%. The lowest was 4.94%. And the median was 9.27%.
MIL:TPS's Return-on-Tangible-Asset is ranked better than 81.57% of 1009
companies
in the Transportation industry
Industry Median: 3.78
vs MIL:TPS: 8.80
Technical Publications Service SpA (MIL:TPS) Return-on-Tangible-Asset Explanation
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.
Technical Publications Service SpA Return-on-Tangible-Asset Related Terms
Technical Publications Service SpA Return-on-Tangible-Asset Historical Data
* 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.
Technical Publications Service SpA Return-on-Tangible-Asset Chart
MIL:TPS vs JOBY, CAAP: Return-on-Tangible-Asset Comparison
For the Airports & Air Services subindustry, Technical Publications Service 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.
Technical Publications Service SpA Return-on-Tangible-Asset vs Transportation Industry
For the Transportation industry and Industrials sector, Technical Publications Service SpA's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Technical Publications Service 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 9.10% mean?
Technical Publications Service SpA (MIL:TPS) has a Return-on-Tangible-Asset of 9.10% 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 Technical Publications Service SpA and its competitors. This is near median its historical median of 9.27. Over the past decade, Technical Publications Service SpA's Return-on-Tangible-Asset has ranged from 4.94 to 26.66. According to the industry distribution chart, Technical Publications Service SpA ranks #186 out of 1009 companies in the Transportation industry, placing it in the top 18.4%.
Is Technical Publications Service SpA's Return-on-Tangible-Asset too high?
Technical Publications Service SpA's current Return-on-Tangible-Asset of 9.10% is near median its 10-year median of 9.27. Over the past 10 years, this metric has ranged from a low of 4.94 to a high of 26.66. The Transportation industry median Return-on-Tangible-Asset is 3.78. Technical Publications Service SpA's value of 9.10% is 140.7% above this industry median. Based on the distribution chart, Technical Publications Service SpA ranks #186 out of 1009 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Technical Publications Service SpA has a GF Score™ of 94/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Technical Publications Service SpA's Return-on-Tangible-Asset compare to JOBY and CAAP?
According to the Transportation industry distribution chart, Technical Publications Service SpA ranks #186 out of 1009 companies for Return-on-Tangible-Asset. This places Technical Publications Service SpA in the top 18% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.78. Technical Publications Service SpA's value of 9.10% is 140.7% above this benchmark. Historically, Technical Publications Service SpA's own Return-on-Tangible-Asset has ranged from 4.94 to 26.66 over the past decade. While the company's 10-year median is 9.27 vs. the industry median of 3.78, Technical Publications Service 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 Transportation company?
The median Return-on-Tangible-Asset among Transportation companies is 3.78, based on 1,009 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. Technical Publications Service SpA's current Return-on-Tangible-Asset of 9.10% is 140.7% 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 Technical Publications Service SpA and its competitors. For the Transportation industry, the median Return-on-Tangible-Asset is 3.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Technical Publications Service SpA's current Return-on-Tangible-Asset is 9.10%, which is near median its own 10-year median of 9.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Technical Publications Service SpA stock overvalued right now?
Based on GuruFocus' analysis, Technical Publications Service SpA (MIL:TPS) is currently considered Modestly Overvalued. The stock's GF Value™ is €7.25, compared to a current price of €8.45 — trading 16.6% above its estimated fair value. The current Return-on-Tangible-Asset is 9.10%, which is near median its 10-year median of 9.27 and 140.7% above the Transportation industry median of 3.78. Technical Publications Service SpA's overall GF Score™ is 94/100 with 5 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 Technical Publications Service SpA (MIL:TPS), the current Return-on-Tangible-Asset is 9.10% 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 Technical Publications Service SpA (MIL:TPS) Overvalued in 2026?
Based on GuruFocus' analysis, Technical Publications Service SpA stock appears to be overvalued.
The current stock price of €8.45 is trading 16.6% above its estimated GF Value™ of €7.25.
GuruFocus considers Technical Publications Service SpA to be Modestly Overvalued.
Key valuation signals for MIL:TPS:
Return-on-Tangible-Asset: 9.10% (near median its 10-year median of 9.27)
GF Value™: €7.25 vs. price of €8.45 (16.6% above fair value)
Industry Position: 140.7% above the Transportation median (#186 of 1009)
No single metric tells the full story. See the MIL:TPS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Technical Publications Service SpA Business Description
Technical Publications Service SpA provides technical publications services to the aerospace industry. The company creates logistical support, use and maintenance manuals, spare parts catalogs, after-sales support documents, etc.
94GF Score
Get the complete analysis for MIL:TPS
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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