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ETI SpAFRA:C71 +3.11%20 Return-on-Tangible-Equity is 0.00% as of Dec. 2025. GuruFocus rates FRA:C71 with a GF Score™ of 20/100. Among 944 Oil & Gas companies, ETI SpA ranks worse than 105932.1% 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. ETI SpA's annualized net income for the quarter that ended in Dec. 2025 was €0.00 Mil. ETI SpA's average shareholder tangible equity for the quarter that ended in Dec. 2025 was €1.75 Mil. Therefore, ETI SpA's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 0.00%.
The historical rank and industry rank for ETI SpA's Return-on-Tangible-Equity or its related term are showing as below:
During the past 2 years, ETI SpA's highest Return-on-Tangible-Equity was 9.92%. The lowest was 0.00%. And the median was 7.94%.
FRA:C71's Return-on-Tangible-Equity is not ranked *
in the Oil & Gas industry.
Industry Median: 6.75 * Ranked among companies with meaningful Return-on-Tangible-Equity only.
ETI SpA (FRA:C71) 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.
ETI SpA Return-on-Tangible-Equity Related Terms
ETI SpA Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for ETI 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.
ETI SpA Return-on-Tangible-Equity Chart
ETI SpA Annual Data
Trend
Dec24
Dec25
Return-on-Tangible-Equity
5.96
9.92
ETI SpA Quarterly Data
Dec24
Dec25
Return-on-Tangible-Equity
0.00
0.00
FRA:C71 vs WMB, EPD, KMI: Return-on-Tangible-Equity Comparison
For the Oil & Gas Midstream subindustry, ETI 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.
ETI SpA Return-on-Tangible-Equity vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, ETI SpA's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where ETI SpA'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 0.00% mean?
ETI SpA (FRA:C71) has a Return-on-Tangible-Equity of 0.00% 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 ETI SpA and its competitors. According to the industry distribution chart, ETI SpA ranks #999999 out of 944 companies in the Oil & Gas industry.
Is ETI SpA's Return-on-Tangible-Equity too high?
ETI SpA's current Return-on-Tangible-Equity is 0.00%. Based on the distribution chart, ETI SpA ranks #999999 out of 944 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, ETI SpA has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does ETI SpA's Return-on-Tangible-Equity compare to WMB and EPD?
According to the Oil & Gas industry distribution chart, ETI SpA ranks #999999 out of 944 companies for Return-on-Tangible-Equity. This places ETI SpA in the lower half of its industry. The industry median Return-on-Tangible-Equity is 6.75. 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 an Oil & Gas company?
The median Return-on-Tangible-Equity among Oil & Gas companies is 6.75, based on 944 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 ETI SpA and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Equity is 6.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ETI SpA's current Return-on-Tangible-Equity is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ETI SpA stock overvalued right now?
ETI SpA (FRA:C71) has a current Return-on-Tangible-Equity of 0.00%. The current Return-on-Tangible-Equity is 0.00%. ETI SpA's overall GF Score™ is 20/100. 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 ETI SpA (FRA:C71), the current Return-on-Tangible-Equity is 0.00% 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.
ETI SpA operates in the infrastructure construction sector and specializes in the construction, maintenance, and repair of fluid transport systems and related infrastructure. Its services serve the oil and gas and water sectors and include infrastructure projects for industrial facilities and naval construction.
20GF Score
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