AMFPF (Amplifon SpA) Return-on-Tangible-Equity: Negative Tangible Equity% (As of Mar. 2026)


AMFPF Amplifon SpA AMFPF
71 GF Score
Price $11.21
GF Value $31.18
Valuation Possible Value Trap
! 5 Warning Signs
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What is Amplifon SpA Return-on-Tangible-Equity?

Amplifon SpA AMFPF 71 Return-on-Tangible-Equity is Negative Tangible Equity% as of Mar. 2026. GuruFocus rates AMFPF with a GF Score™ of 71/100 and a GF Value™ of $31.18 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 111 Medical Distribution companies, Amplifon SpA ranks better than 99.1% on this metric.

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Amplifon SpA's annualized net income for the quarter that ended in Mar. 2026 was $49 Mil. Amplifon SpA's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $-1,497 Mil. Therefore, Amplifon SpA's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was Negative Tangible Equity%.

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

AMFPF' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0
Current: Negative Tangible Equity

AMFPF's Return-on-Tangible-Equity is ranked better than
99.1% of 111 companies
in the Medical Distribution industry
Industry Median: 9.07 vs AMFPF: Negative Tangible Equity

Amplifon SpA  (OTCPK:AMFPF) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Amplifon SpA Return-on-Tangible-Equity Related Terms


Amplifon SpA Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Amplifon SpA's Return-on-Tangible-Equity 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.

Amplifon SpA Return-on-Tangible-Equity Chart

Amplifon SpA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity

Amplifon SpA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity

AMFPF vs MCK, COR, CAH: Return-on-Tangible-Equity Comparison

For the Medical Distribution subindustry, Amplifon SpA's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.


Amplifon SpA Return-on-Tangible-Equity vs Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Amplifon SpA's Return-on-Tangible-Equity distribution charts can be found below:

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


AMFPF
71GF Score
Amplifon SpA AMFPF
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Amplifon SpA Return-on-Tangible-Equity Calculation

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

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=106.948/( (-1281.521+-1533.631 )/ 2 )
=106.948/-1407.576
=Negative Tangible Equity %

Amplifon SpA's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=48.652/( (-1533.631+-1460.48)/ 2 )
=48.652/-1497.0555
=Negative Tangible Equity %

* 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2026) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of Negative Tangible Equity% mean?
Amplifon SpA (AMFPF) has a Return-on-Tangible-Equity of Negative Tangible Equity% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Amplifon SpA and its competitors. According to the industry distribution chart, Amplifon SpA ranks #1 out of 111 companies in the Medical Distribution industry, placing it in the top 0.90000000000001%.
Is Amplifon SpA's Return-on-Tangible-Equity too high?
Amplifon SpA's current Return-on-Tangible-Equity is Negative Tangible Equity%. Based on the distribution chart, Amplifon SpA ranks #1 out of 111 companies in the Medical Distribution industry, which is in the top quartile — a strong position relative to peers. Overall, Amplifon SpA has a GF Score™ of 71/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Amplifon SpA's Return-on-Tangible-Equity compare to MCK and COR?
According to the Medical Distribution industry distribution chart, Amplifon SpA ranks #1 out of 111 companies for Return-on-Tangible-Equity. This places Amplifon SpA in the top 1% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 9.07. 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-Equity for a Medical Distribution company?
The median Return-on-Tangible-Equity among Medical Distribution companies is 9.07, based on 111 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity 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-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Amplifon SpA and its competitors. For the Medical Distribution industry, the median Return-on-Tangible-Equity is 9.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Amplifon SpA's current Return-on-Tangible-Equity is Negative Tangible Equity%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Amplifon SpA stock overvalued right now?
Based on GuruFocus' analysis, Amplifon SpA (AMFPF) is currently considered Possible Value Trap. The stock's GF Value™ is $31.18, compared to a current price of $11.21 — trading 64% below its estimated fair value. The current Return-on-Tangible-Equity is Negative Tangible Equity%. Amplifon SpA's overall GF Score™ is 71/100 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-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Amplifon SpA (AMFPF), the current Return-on-Tangible-Equity is Negative Tangible Equity% as of Mar. 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 Amplifon SpA (AMFPF) Overvalued in 2026?

Based on GuruFocus' analysis, Amplifon SpA stock appears to be undervalued. The current stock price of $11.21 is trading 64% below its estimated GF Value™ of $31.18. GuruFocus considers Amplifon SpA to be Possible Value Trap.

Key valuation signals for AMFPF:

  • Return-on-Tangible-Equity: Negative Tangible Equity%
  • GF Value™: $31.18 vs. price of $11.21 (64% below fair value)
  • GF Score™: 71/100 with 5 warning signs

No single metric tells the full story. See the AMFPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Amplifon SpA Business Description

Address Via Ripamonti, 133, Milano, ITA, 20141
Amplifon SpA provides customizable hearing solutions and services through a distribution network of network affiliates, corporate shops, franchises, and shop-in-shops. The company operates in three segments based on geography: the Americas; Europe, the Middle East, and Africa; and Asia-Pacific. It generates the majority of its revenue in the EMEA region. It operates under a variety of brands in these regions, including Amplifon, Beter Horen, Maxtone, and Miracle-Ear.
71GF Score

Get the complete analysis for AMFPF

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

$11.21
Price
$31.18
GF Value