Steico SEMIL:1ST 51 Return-on-Tangible-Equity is 4.07% as of Dec. 2025, which is 62% below its 10-year median of 10.84. GuruFocus rates MIL:1ST with a GF Score™ of 51/100 and a GF Value™ of €26.09 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 280 Forest Products companies, Steico SE ranks better than 65.71% 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. Steico SE's annualized net income for the quarter that ended in Dec. 2025 was €14.4 Mil. Steico SE's average shareholder tangible equity for the quarter that ended in Dec. 2025 was €354.9 Mil. Therefore, Steico SE's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 4.07%.
The historical rank and industry rank for Steico SE's Return-on-Tangible-Equity or its related term are showing as below:
MIL:1ST'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 5.11 Med: 10.84 Max: 22.82
Current: 5.11
During the past 13 years, Steico SE's highest Return-on-Tangible-Equity was 22.82%. The lowest was 5.11%. And the median was 10.84%.
MIL:1ST's Return-on-Tangible-Equity is ranked better than 65.71% of 280
companies
in the Forest Products industry
Industry Median: 2.145
vs MIL:1ST: 5.11
Steico SE (MIL:1ST) 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.
Steico SE Return-on-Tangible-Equity Related Terms
Steico SE Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Steico SE'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.
MIL:1ST vs SSD, UFPI, BCC: Return-on-Tangible-Equity Comparison
For the Lumber & Wood Production subindustry, Steico SE'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.
Steico SE Return-on-Tangible-Equity vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Steico SE's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Steico SE'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 two times the semi-annual (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 4.07% mean?
Steico SE (MIL:1ST) has a Return-on-Tangible-Equity of 4.07% 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 Steico SE and its competitors. This is 62% below median its historical median of 10.84. Over the past decade, Steico SE's Return-on-Tangible-Equity has ranged from 5.11 to 22.82. According to the industry distribution chart, Steico SE ranks #96 out of 280 companies in the Forest Products industry, placing it in the top 34.3%.
Is Steico SE's Return-on-Tangible-Equity too high?
Steico SE's current Return-on-Tangible-Equity of 4.07% is 62% below median its 10-year median of 10.84. Over the past 10 years, this metric has ranged from a low of 5.11 to a high of 22.82. The Forest Products industry median Return-on-Tangible-Equity is 2.15. Steico SE's value of 4.07% is 89.7% above this industry median. Based on the distribution chart, Steico SE ranks #96 out of 280 companies in the Forest Products industry, which is above the industry midpoint. Overall, Steico SE has a GF Score™ of 51/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Steico SE's Return-on-Tangible-Equity compare to SSD and UFPI?
According to the Forest Products industry distribution chart, Steico SE ranks #96 out of 280 companies for Return-on-Tangible-Equity. This puts Steico SE in the upper half of its industry. The industry median Return-on-Tangible-Equity is 2.15. Steico SE's value of 4.07% is 89.7% above this benchmark. Historically, Steico SE's own Return-on-Tangible-Equity has ranged from 5.11 to 22.82 over the past decade. While the company's 10-year median is 10.84 vs. the industry median of 2.15, Steico SE 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 Forest Products company?
The median Return-on-Tangible-Equity among Forest Products companies is 2.15, based on 280 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. Steico SE's current Return-on-Tangible-Equity of 4.07% is 89.7% 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 Steico SE and its competitors. For the Forest Products industry, the median Return-on-Tangible-Equity is 2.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Steico SE's current Return-on-Tangible-Equity is 4.07%, which is 62% below median its own 10-year median of 10.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Steico SE stock overvalued right now?
Based on GuruFocus' analysis, Steico SE (MIL:1ST) is currently considered Modestly Undervalued. The stock's GF Value™ is €26.09, compared to a current price of €20.30 — trading 22.2% below its estimated fair value. The current Return-on-Tangible-Equity is 4.07%, which is 62% below median its 10-year median of 10.84 and 89.7% above the Forest Products industry median of 2.15. Steico SE's overall GF Score™ is 51/100 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 Steico SE (MIL:1ST), the current Return-on-Tangible-Equity is 4.07% 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 Steico SE (MIL:1ST) Overvalued in 2026?
Based on GuruFocus' analysis, Steico SE stock appears to be undervalued.
The current stock price of €20.30 is trading 22.2% below its estimated GF Value™ of €26.09.
GuruFocus considers Steico SE to be Modestly Undervalued.
Key valuation signals for MIL:1ST:
Return-on-Tangible-Equity: 4.07% (62% below median its 10-year median of 10.84)
GF Value™: €26.09 vs. price of €20.30 (22.2% below fair value)
Industry Position: 89.7% above the Forest Products median (#96 of 280)
No single metric tells the full story. See the MIL:1ST stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Steico SE is engaged in the production and sale of a variety of wood fiber insulation products in the European market. Its products include expansion joint fillers, thermal insulation, floor insulation system, multi-purpose rigid insulation boards, multi-purpose wood fiberboards, thermal insulation composite system, sarking, and sheathing boards, construction elements, laminated veneer lumber, sealing systems, and others. The company operates in Germany, European Countries, and the rest of the world.
51GF Score
Get the complete analysis for MIL:1ST
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