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IRCE SpALTS:0EVS 64 Return-on-Tangible-Equity is 9.59% as of Mar. 2026, which is 126% above its 10-year median of 4.24. GuruFocus rates LTS:0EVS with a GF Score™ of 64/100 and a GF Value™ of €2.35. The stock has 6 warning signs investors should review. Among 2,970 Industrial Products companies, IRCE SpA ranks worse than 57.07% 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. IRCE SpA's annualized net income for the quarter that ended in Mar. 2026 was €15.3 Mil. IRCE SpA's average shareholder tangible equity for the quarter that ended in Mar. 2026 was €159.6 Mil. Therefore, IRCE SpA's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 9.59%.
The historical rank and industry rank for IRCE SpA's Return-on-Tangible-Equity or its related term are showing as below:
LTS:0EVS'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -0.14 Med: 4.24 Max: 7.35
Current: 5.14
During the past 13 years, IRCE SpA's highest Return-on-Tangible-Equity was 7.35%. The lowest was -0.14%. And the median was 4.24%.
LTS:0EVS's Return-on-Tangible-Equity is ranked worse than 57.07% of 2970
companies
in the Industrial Products industry
Industry Median: 6.725
vs LTS:0EVS: 5.14
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.
IRCE SpA Return-on-Tangible-Equity Related Terms
IRCE SpA Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for IRCE 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.
LTS:0EVS vs VRT, BE, HUBB: Return-on-Tangible-Equity Comparison
For the Electrical Equipment & Parts subindustry, IRCE 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.
IRCE SpA Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, IRCE SpA's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where IRCE 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 (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 9.59% mean?
IRCE SpA (LTS:0EVS) has a Return-on-Tangible-Equity of 9.59% 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 IRCE SpA and its competitors. This is 126% above median its historical median of 4.24. According to the industry distribution chart, IRCE SpA ranks #1695 out of 2970 companies in the Industrial Products industry, placing it in the top 57.1%.
Is IRCE SpA's Return-on-Tangible-Equity too high?
IRCE SpA's current Return-on-Tangible-Equity of 9.59% is 126% above median its 10-year median of 4.24. The Industrial Products industry median Return-on-Tangible-Equity is 6.73. IRCE SpA's value of 9.59% is 42.6% above this industry median. Based on the distribution chart, IRCE SpA ranks #1695 out of 2970 companies in the Industrial Products industry, which is below the industry midpoint. Overall, IRCE SpA has a GF Score™ of 64/100, reflecting its overall financial health beyond just this single metric.
How does IRCE SpA's Return-on-Tangible-Equity compare to VRT and BE?
According to the Industrial Products industry distribution chart, IRCE SpA ranks #1695 out of 2970 companies for Return-on-Tangible-Equity. This places IRCE SpA in the lower half of its industry. The industry median Return-on-Tangible-Equity is 6.73. IRCE SpA's value of 9.59% is 42.6% above this benchmark. While the company's 10-year median is 4.24 vs. the industry median of 6.73, IRCE SpA 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 an Industrial Products company?
The median Return-on-Tangible-Equity among Industrial Products companies is 6.73, based on 2,970 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. IRCE SpA's current Return-on-Tangible-Equity of 9.59% is 42.6% 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 IRCE SpA and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 6.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IRCE SpA's current Return-on-Tangible-Equity is 9.59%, which is 126% above median its own 10-year median of 4.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IRCE SpA stock overvalued right now?
IRCE SpA (LTS:0EVS) has a current Return-on-Tangible-Equity of 9.59%. The stock's GF Value™ is €2.35, compared to a current price of €2.62 — trading 11.5% above its estimated fair value. The current Return-on-Tangible-Equity is 9.59%, which is 126% above median its 10-year median of 4.24 and 42.6% above the Industrial Products industry median of 6.73. IRCE SpA's overall GF Score™ is 64/100 with 6 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 IRCE SpA (LTS:0EVS), the current Return-on-Tangible-Equity is 9.59% 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 IRCE SpA (LTS:0EVS) Overvalued in 2026?
Based on GuruFocus' analysis, IRCE SpA stock appears to be overvalued.
The current stock price of €2.62 is trading 11.5% above its estimated GF Value™ of €2.35.
Key valuation signals for LTS:0EVS:
Return-on-Tangible-Equity: 9.59% (126% above median its 10-year median of 4.24)
GF Value™: €2.35 vs. price of €2.62 (11.5% above fair value)
Industry Position: 42.6% above the Industrial Products median (#1695 of 2970)
No single metric tells the full story. See the LTS:0EVS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
IRCE SpA is an Italy-based company that operates in the sector of winding conductors and electrical cables. The company products include Enamelled copper and aluminum round wire, Copper and aluminum rectangular wire, Medium Voltage Cables, and others. The company's geographical segments are Italy, the European Union, and Non-European Union. Italy contributes majority of the its revenue in terms of geographical segment.
64GF Score
Get the complete analysis for LTS:0EVS
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