Banca MediolanumBNMDF -1.81%58 Return-on-Tangible-Equity is 48.16% as of Dec. 2025, which is 101% above its 10-year median of 23.98. GuruFocus rates BNMDF with a GF Score™ of 58/100 and a GF Value™ of $14.99 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,523 Banks companies, Banca Mediolanum ranks better than 96.32% 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. Banca Mediolanum's annualized net income for the quarter that ended in Dec. 2025 was $2,397 Mil. Banca Mediolanum's average shareholder tangible equity for the quarter that ended in Dec. 2025 was $4,978 Mil. Therefore, Banca Mediolanum's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 48.16%.
The historical rank and industry rank for Banca Mediolanum's Return-on-Tangible-Equity or its related term are showing as below:
BNMDF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 13.29 Med: 23.98 Max: 31.71
Current: 30.03
During the past 13 years, Banca Mediolanum's highest Return-on-Tangible-Equity was 31.71%. The lowest was 13.29%. And the median was 23.98%.
BNMDF's Return-on-Tangible-Equity is ranked better than 96.32% of 1523
companies
in the Banks industry
Industry Median: 11.2
vs BNMDF: 30.03
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.
Banca Mediolanum Return-on-Tangible-Equity Related Terms
Banca Mediolanum Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Banca Mediolanum'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.
For the Banks - Regional subindustry, Banca Mediolanum'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.
Banca Mediolanum Return-on-Tangible-Equity vs Banks Industry
For the Banks industry and Financial Services sector, Banca Mediolanum's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Banca Mediolanum's Return-on-Tangible-Equity 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-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 (Dec. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 48.16% mean?
Banca Mediolanum (BNMDF) has a Return-on-Tangible-Equity of 48.16% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Banca Mediolanum and its competitors. This is 101% above median its historical median of 23.98. Over the past decade, Banca Mediolanum's Return-on-Tangible-Equity has ranged from 13.29 to 31.71. According to the industry distribution chart, Banca Mediolanum ranks #56 out of 1523 companies in the Banks industry, placing it in the top 3.7%.
Is Banca Mediolanum's Return-on-Tangible-Equity too high?
Banca Mediolanum's current Return-on-Tangible-Equity of 48.16% is 101% above median its 10-year median of 23.98. Over the past 10 years, this metric has ranged from a low of 13.29 to a high of 31.71. The Banks industry median Return-on-Tangible-Equity is 11.20. Banca Mediolanum's value of 48.16% is 330% above this industry median. Based on the distribution chart, Banca Mediolanum ranks #56 out of 1523 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, Banca Mediolanum has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Banca Mediolanum's Return-on-Tangible-Equity compare to competitors?
According to the Banks industry distribution chart, Banca Mediolanum ranks #56 out of 1523 companies for Return-on-Tangible-Equity. This places Banca Mediolanum in the top 4% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 11.20. Banca Mediolanum's value of 48.16% is 330% above this benchmark. Historically, Banca Mediolanum's own Return-on-Tangible-Equity has ranged from 13.29 to 31.71 over the past decade. While the company's 10-year median is 23.98 vs. the industry median of 11.20, Banca Mediolanum 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-Equity for a Banks company?
The median Return-on-Tangible-Equity among Banks companies is 11.20, based on 1,523 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. Banca Mediolanum's current Return-on-Tangible-Equity of 48.16% is 330% 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-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 Banca Mediolanum and its competitors. For the Banks industry, the median Return-on-Tangible-Equity is 11.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Banca Mediolanum's current Return-on-Tangible-Equity is 48.16%, which is 101% above median its own 10-year median of 23.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Banca Mediolanum stock overvalued right now?
Based on GuruFocus' analysis, Banca Mediolanum (BNMDF) is currently considered Significantly Overvalued. The stock's GF Value™ is $14.99, compared to a current price of $21.65 — trading 44.4% above its estimated fair value. The current Return-on-Tangible-Equity is 48.16%, which is 101% above median its 10-year median of 23.98 and 330% above the Banks industry median of 11.20. Banca Mediolanum's overall GF Score™ is 58/100 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 Banca Mediolanum (BNMDF), the current Return-on-Tangible-Equity is 48.16% 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 Banca Mediolanum (BNMDF) Overvalued in 2026?
Based on GuruFocus' analysis, Banca Mediolanum stock appears to be overvalued.
The current stock price of $21.65 is trading 44.4% above its estimated GF Value™ of $14.99.
GuruFocus considers Banca Mediolanum to be Significantly Overvalued.
Key valuation signals for BNMDF:
Return-on-Tangible-Equity: 48.16% (101% above median its 10-year median of 23.98)
GF Value™: $14.99 vs. price of $21.65 (44.4% above fair value)
Industry Position: 330% above the Banks median (#56 of 1523)
No single metric tells the full story. See the BNMDF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Banca Mediolanum is an Italy-based company which provides banking and financial services. It operates with various segments namely Lending which includes Retail and Commercial Banking, Treasury activities which has trading and sales, Asset Management and Retail Brokerage. The company offers current accounts, mortgages and loan products; credit, debit, and rechargeable cards and investment products. Geographically, it operates the market of Italy, Spain, and Germany of which Italy accounts for a larger share of revenue.
58GF Score
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