Valica SpA (MIL:VLC) Return-on-Tangible-Asset: -4.28% (As of Dec. 2025)

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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MIL:VLC Valica SpA MIL:VLC
9 GF Score
Price €1.70
! 3 Warning Signs
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What is Valica SpA Return-on-Tangible-Asset?

Valica SpA MIL:VLC 9 Return-on-Tangible-Asset is -4.28% as of Dec. 2025. GuruFocus rates MIL:VLC with a GF Score™ of 9/100. The stock has 3 warning signs investors should review. Among 1,032 Media - Diversified companies, Valica SpA ranks worse than 76.55% 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. Valica SpA's annualized Net Income for the quarter that ended in Dec. 2025 was €-0.28 Mil. Valica SpA's average total tangible assets for the quarter that ended in Dec. 2025 was €6.58 Mil. Therefore, Valica SpA's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was -4.28%.

The historical rank and industry rank for Valica SpA's Return-on-Tangible-Asset or its related term are showing as below:

MIL:VLC' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -10.59   Med: -1.13   Max: 7.26
Current: -10.59

During the past 5 years, Valica SpA's highest Return-on-Tangible-Asset was 7.26%. The lowest was -10.59%. And the median was -1.13%.

MIL:VLC's Return-on-Tangible-Asset is ranked worse than
76.55% of 1032 companies
in the Media - Diversified industry
Industry Median: 0.82 vs MIL:VLC: -10.59

Valica SpA  (MIL:VLC) 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 company’s 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 company’s 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.


Valica SpA Return-on-Tangible-Asset Related Terms


Valica SpA Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Valica 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.

Valica SpA Return-on-Tangible-Asset Chart

Valica SpA Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
0.47 -7.14 -1.13 7.26 -10.54

Valica SpA Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Return-on-Tangible-Asset Get a 7-Day Free Trial -2.73 8.45 5.23 -17.90 -4.28

MIL:VLC vs APP, OMC, TTD: Return-on-Tangible-Asset Comparison

For the Advertising Agencies subindustry, Valica 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.


Valica SpA Return-on-Tangible-Asset vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Valica SpA's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Valica SpA's Return-on-Tangible-Asset falls into.


MIL:VLC
9GF Score
Valica SpA MIL:VLC
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Valica SpA Return-on-Tangible-Asset Calculation

Valica SpA's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=-0.653/( (5.336+7.057)/ 2 )
=-0.653/6.1965
=-10.54 %

Valica SpA's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=-0.282/( (6.108+7.057)/ 2 )
=-0.282/6.5825
=-4.28 %

* 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 -4.28% mean?
Valica SpA (MIL:VLC) has a Return-on-Tangible-Asset of -4.28% 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 Valica SpA and its competitors. According to the industry distribution chart, Valica SpA ranks #790 out of 1032 companies in the Media - Diversified industry, placing it in the top 76.6%.
Is Valica SpA's Return-on-Tangible-Asset too high?
Valica SpA's current Return-on-Tangible-Asset is -4.28%. Based on the distribution chart, Valica SpA ranks #790 out of 1032 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers. Overall, Valica SpA has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does Valica SpA's Return-on-Tangible-Asset compare to APP and OMC?
According to the Media - Diversified industry distribution chart, Valica SpA ranks #790 out of 1032 companies for Return-on-Tangible-Asset. This places Valica SpA in the lower half of its industry. The industry median Return-on-Tangible-Asset is 0.82. 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 0.82, based on 1,032 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 Valica SpA and its competitors. For the Media - Diversified industry, the median Return-on-Tangible-Asset is 0.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Valica SpA's current Return-on-Tangible-Asset is -4.28%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Valica SpA stock overvalued right now?
Valica SpA (MIL:VLC) has a current Return-on-Tangible-Asset of -4.28%. The current Return-on-Tangible-Asset is -4.28%. Valica SpA's overall GF Score™ is 9/100 with 3 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 Valica SpA (MIL:VLC), the current Return-on-Tangible-Asset is -4.28% 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.

Valica SpA Business Description

Address VIA AREZZO 1, Rome, ITA, 66016
Valica SpA is a mar-tech Company, i.e. companies that carry out marketing activities carried out with the support of technology. It operates in the business of online advertising (digital advertising), offers special projects and agency and consultancy services for operators in the tourism market, as well as the organization of food and wine events (event marketing) also through the so-called phygital marketing.
9GF Score

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Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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