Iveco Group NVIVCGF -0.47%74 Return-on-Tangible-Equity is 369.25% as of Mar. 2026, which is 2510% above its 10-year median of 14.15. GuruFocus rates IVCGF with a GF Score™ of 74/100 and a GF Value™ of $12.09 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 199 Farm & Heavy Construction Machinery companies, Iveco Group NV ranks better than 97.99% 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. Iveco Group NV's annualized net income for the quarter that ended in Mar. 2026 was $5,406 Mil. Iveco Group NV's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $1,464 Mil. Therefore, Iveco Group NV's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 369.25%.
The historical rank and industry rank for Iveco Group NV's Return-on-Tangible-Equity or its related term are showing as below:
IVCGF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -34.39 Med: 14.15 Max: 165.35
Current: 165.35
During the past 8 years, Iveco Group NV's highest Return-on-Tangible-Equity was 165.35%. The lowest was -34.39%. And the median was 14.15%.
IVCGF's Return-on-Tangible-Equity is ranked better than 97.99% of 199
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 9.27
vs IVCGF: 165.35
Iveco Group NV (OTCPK:IVCGF) 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.
Iveco Group NV Return-on-Tangible-Equity Related Terms
Iveco Group NV Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Iveco Group NV'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.
IVCGF vs CAT, DE, PCAR: Return-on-Tangible-Equity Comparison
For the Farm & Heavy Construction Machinery subindustry, Iveco Group NV'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.
Iveco Group NV Return-on-Tangible-Equity vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Iveco Group NV's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Iveco Group NV'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 (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 369.25% mean?
Iveco Group NV (IVCGF) has a Return-on-Tangible-Equity of 369.25% 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 Iveco Group NV and its competitors. This is 2510% above median its historical median of 14.15. According to the industry distribution chart, Iveco Group NV ranks #4 out of 199 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 2%.
Is Iveco Group NV's Return-on-Tangible-Equity too high?
Iveco Group NV's current Return-on-Tangible-Equity of 369.25% is 2510% above median its 10-year median of 14.15. The Farm & Heavy Construction Machinery industry median Return-on-Tangible-Equity is 9.27. Iveco Group NV's value of 369.25% is 3883.3% above this industry median. Based on the distribution chart, Iveco Group NV ranks #4 out of 199 companies in the Farm & Heavy Construction Machinery industry, which is in the top quartile — a strong position relative to peers. Overall, Iveco Group NV has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Iveco Group NV's Return-on-Tangible-Equity compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Iveco Group NV ranks #4 out of 199 companies for Return-on-Tangible-Equity. This places Iveco Group NV in the top 2% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 9.27. Iveco Group NV's value of 369.25% is 3883.3% above this benchmark. While the company's 10-year median is 14.15 vs. the industry median of 9.27, Iveco Group NV 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 Farm & Heavy Construction Machinery company?
The median Return-on-Tangible-Equity among Farm & Heavy Construction Machinery companies is 9.27, based on 199 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. Iveco Group NV's current Return-on-Tangible-Equity of 369.25% is 3883.3% 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 Iveco Group NV and its competitors. For the Farm & Heavy Construction Machinery industry, the median Return-on-Tangible-Equity is 9.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Iveco Group NV's current Return-on-Tangible-Equity is 369.25%, which is 2510% above median its own 10-year median of 14.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Iveco Group NV stock overvalued right now?
Based on GuruFocus' analysis, Iveco Group NV (IVCGF) is currently considered Significantly Overvalued. The stock's GF Value™ is $12.09, compared to a current price of $15.81 — trading 30.8% above its estimated fair value. The current Return-on-Tangible-Equity is 369.25%, which is 2510% above median its 10-year median of 14.15 and 3883.3% above the Farm & Heavy Construction Machinery industry median of 9.27. Iveco Group NV's overall GF Score™ is 74/100 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-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Iveco Group NV (IVCGF), the current Return-on-Tangible-Equity is 369.25% 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 Iveco Group NV (IVCGF) Overvalued in 2026?
Based on GuruFocus' analysis, Iveco Group NV stock appears to be overvalued.
The current stock price of $15.81 is trading 30.8% above its estimated GF Value™ of $12.09.
GuruFocus considers Iveco Group NV to be Significantly Overvalued.
Key valuation signals for IVCGF:
Return-on-Tangible-Equity: 369.25% (2510% above median its 10-year median of 14.15)
GF Value™: $12.09 vs. price of $15.81 (30.8% above fair value)
Industry Position: 3883.3% above the Farm & Heavy Construction Machinery median (#4 of 199)
No single metric tells the full story. See the IVCGF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Iveco Group NV is engaged in the design, production, marketing, sale, servicing, and financing of trucks, commercial vehicles, buses, and specialty vehicles for firefighting, defense, and other uses, as well as combustion engines, alternative propulsion systems, transmissions, and axles. The group has four operating segments: Truck, Bus, Powertrain, and Financial Services. The majority of revenue is generated from the Truck segment which designs, manufactures, and distributes a full range of light, medium, and heavy vehicles for the transportation and distribution of goods under the IVECO brand. Geographically, the majority of revenue is generated from Europe.
74GF Score
Get the complete analysis for IVCGF
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
IVCGF has been successfully added to your 
