Vivenda Group SpA (MIL:VVG) Return-on-Tangible-Asset: 0.32% (As of Dec. 2025) — 78% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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:VVG Vivenda Group SpA MIL:VVG
12 GF Score
Price €0.43
! 4 Warning Signs
View Full Analysis

What is Vivenda Group SpA Return-on-Tangible-Asset?

Vivenda Group SpA MIL:VVG -1.38% 12 Return-on-Tangible-Asset is 0.32% as of Dec. 2025, which is 78% below its 10-year median of 1.43. GuruFocus rates MIL:VVG with a GF Score™ of 12/100. The stock has 4 warning signs investors should review. Among 1,032 Media - Diversified companies, Vivenda Group SpA ranks worse than 74.52% 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. Vivenda Group SpA's annualized Net Income for the quarter that ended in Dec. 2025 was €0.04 Mil. Vivenda Group SpA's average total tangible assets for the quarter that ended in Dec. 2025 was €12.05 Mil. Therefore, Vivenda Group SpA's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 0.32%.

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

MIL:VVG' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -9.6   Med: 1.43   Max: 4.05
Current: -9.3

During the past 4 years, Vivenda Group SpA's highest Return-on-Tangible-Asset was 4.05%. The lowest was -9.60%. And the median was 1.43%.

MIL:VVG's Return-on-Tangible-Asset is ranked worse than
74.52% of 1032 companies
in the Media - Diversified industry
Industry Median: 0.82 vs MIL:VVG: -9.30

Vivenda Group SpA  (MIL:VVG) 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.


Vivenda Group SpA Return-on-Tangible-Asset Related Terms


Vivenda Group SpA Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Vivenda Group 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.

Vivenda Group SpA Return-on-Tangible-Asset Chart

Vivenda Group SpA Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
2.01 4.05 0.85 -9.60

Vivenda Group SpA Semi-Annual Data
Dec22 Dec23 Jun24 Dec24 Jun25 Dec25
Return-on-Tangible-Asset Get a 7-Day Free Trial 0.00 9.42 -7.84 -17.83 0.32

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

For the Advertising Agencies subindustry, Vivenda Group 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.


Vivenda Group SpA Return-on-Tangible-Asset vs Media - Diversified Industry

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

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


MIL:VVG
12GF Score
Vivenda Group SpA MIL:VVG
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vivenda Group SpA Return-on-Tangible-Asset Calculation

Vivenda Group 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 )
=-1.152/( (13.104+10.899)/ 2 )
=-1.152/12.0015
=-9.60 %

Vivenda Group 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 )
=0.038/( (13.194+10.899)/ 2 )
=0.038/12.0465
=0.32 %

* 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 0.32% mean?
Vivenda Group SpA (MIL:VVG) has a Return-on-Tangible-Asset of 0.32% 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 Vivenda Group SpA and its competitors. This is 78% below median its historical median of 1.43. According to the industry distribution chart, Vivenda Group SpA ranks #769 out of 1032 companies in the Media - Diversified industry, placing it in the top 74.5%.
Is Vivenda Group SpA's Return-on-Tangible-Asset too high?
Vivenda Group SpA's current Return-on-Tangible-Asset of 0.32% is 78% below median its 10-year median of 1.43. The Media - Diversified industry median Return-on-Tangible-Asset is 0.82. Vivenda Group SpA's value of 0.32% is 61% below this industry median. Based on the distribution chart, Vivenda Group SpA ranks #769 out of 1032 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, Vivenda Group SpA has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Vivenda Group SpA's Return-on-Tangible-Asset compare to APP and OMC?
According to the Media - Diversified industry distribution chart, Vivenda Group SpA ranks #769 out of 1032 companies for Return-on-Tangible-Asset. This places Vivenda Group SpA in the lower half of its industry. The industry median Return-on-Tangible-Asset is 0.82. Vivenda Group SpA's value of 0.32% is 61% below this benchmark. While the company's 10-year median is 1.43 vs. the industry median of 0.82, Vivenda Group 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 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. Vivenda Group SpA's current Return-on-Tangible-Asset of 0.32% is 61% 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 Vivenda Group 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. Vivenda Group SpA's current Return-on-Tangible-Asset is 0.32%, which is 78% below median its own 10-year median of 1.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vivenda Group SpA stock overvalued right now?
Vivenda Group SpA (MIL:VVG) has a current Return-on-Tangible-Asset of 0.32%. The current Return-on-Tangible-Asset is 0.32%, which is 78% below median its 10-year median of 1.43 and 61% below the Media - Diversified industry median of 0.82. Vivenda Group SpA's overall GF Score™ is 12/100 with 4 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 Vivenda Group SpA (MIL:VVG), the current Return-on-Tangible-Asset is 0.32% 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.

Vivenda Group SpA Business Description

Address Via di Torre Rossa no. 66, Rome, ITA, 00165
Vivenda Group SpA is a holding company. Its activity is characterized by a diversified offer of services that can be summarised in service lines: out-of-home advertising (OOH), architecture, legal and financial advertising, and real estate. The (OOH) activity consists of the management and sale of large advertising spaces used for billboards and/or installations of LED technology systems in the exposed locations. The architecture activity consists of the offer of restructuring, redevelopment, and consolidation services of the real estate and architectural heritage, both public and private, also financed entirely through OOH advertising. The legal and financial advertising activity consists of the provision of legal and financial advertising services in institutional publications.
12GF Score

Get the complete analysis for MIL:VVG

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

€0.43
Price