Caleffi SpAMIL:CLF +3.09%34 Return-on-Tangible-Equity is 12.76% as of Dec. 2025, which is 68% above its 10-year median of 7.60. GuruFocus rates MIL:CLF with a GF Score™ of 34/100 and a GF Value™ of €0.90 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,016 Manufacturing - Apparel & Accessories companies, Caleffi SpA ranks better than 63.19% 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. Caleffi SpA's annualized net income for the quarter that ended in Dec. 2025 was €3.06 Mil. Caleffi SpA's average shareholder tangible equity for the quarter that ended in Dec. 2025 was €24.01 Mil. Therefore, Caleffi SpA's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 12.76%.
The historical rank and industry rank for Caleffi SpA's Return-on-Tangible-Equity or its related term are showing as below:
MIL:CLF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -8.29 Med: 7.6 Max: 29.26
Current: 7.74
During the past 13 years, Caleffi SpA's highest Return-on-Tangible-Equity was 29.26%. The lowest was -8.29%. And the median was 7.60%.
MIL:CLF's Return-on-Tangible-Equity is ranked better than 63.19% of 1016
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.47
vs MIL:CLF: 7.74
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.
Caleffi SpA Return-on-Tangible-Equity Related Terms
Caleffi SpA Return-on-Tangible-Equity Historical Data
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The historical data trend for Caleffi 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.
MIL:CLF vs AIN: Return-on-Tangible-Equity Comparison
For the Textile Manufacturing subindustry, Caleffi 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.
Caleffi SpA Return-on-Tangible-Equity vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Caleffi SpA's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Caleffi 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 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 12.76% mean?
Caleffi SpA (MIL:CLF) has a Return-on-Tangible-Equity of 12.76% 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 Caleffi SpA and its competitors. This is 68% above median its historical median of 7.60. According to the industry distribution chart, Caleffi SpA ranks #374 out of 1016 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 36.8%.
Is Caleffi SpA's Return-on-Tangible-Equity too high?
Caleffi SpA's current Return-on-Tangible-Equity of 12.76% is 68% above median its 10-year median of 7.60. The Manufacturing - Apparel & Accessories industry median Return-on-Tangible-Equity is 4.47. Caleffi SpA's value of 12.76% is 185.5% above this industry median. Based on the distribution chart, Caleffi SpA ranks #374 out of 1016 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Caleffi SpA has a GF Score™ of 34/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Caleffi SpA's Return-on-Tangible-Equity compare to AIN?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Caleffi SpA ranks #374 out of 1016 companies for Return-on-Tangible-Equity. This puts Caleffi SpA in the upper half of its industry. The industry median Return-on-Tangible-Equity is 4.47. Caleffi SpA's value of 12.76% is 185.5% above this benchmark. While the company's 10-year median is 7.60 vs. the industry median of 4.47, Caleffi 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 a Manufacturing - Apparel & Accessories company?
The median Return-on-Tangible-Equity among Manufacturing - Apparel & Accessories companies is 4.47, based on 1,016 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. Caleffi SpA's current Return-on-Tangible-Equity of 12.76% is 185.5% 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 Caleffi SpA and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Equity is 4.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Caleffi SpA's current Return-on-Tangible-Equity is 12.76%, which is 68% above median its own 10-year median of 7.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Caleffi SpA stock overvalued right now?
Based on GuruFocus' analysis, Caleffi SpA (MIL:CLF) is currently considered Modestly Undervalued. The stock's GF Value™ is €0.90, compared to a current price of €0.80 — trading 11.1% below its estimated fair value. The current Return-on-Tangible-Equity is 12.76%, which is 68% above median its 10-year median of 7.60 and 185.5% above the Manufacturing - Apparel & Accessories industry median of 4.47. Caleffi SpA's overall GF Score™ is 34/100 with 3 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 Caleffi SpA (MIL:CLF), the current Return-on-Tangible-Equity is 12.76% 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 Caleffi SpA (MIL:CLF) Overvalued in 2026?
Based on GuruFocus' analysis, Caleffi SpA stock appears to be undervalued.
The current stock price of €0.80 is trading 11.1% below its estimated GF Value™ of €0.90.
GuruFocus considers Caleffi SpA to be Modestly Undervalued.
Key valuation signals for MIL:CLF:
Return-on-Tangible-Equity: 12.76% (68% above median its 10-year median of 7.60)
GF Value™: €0.90 vs. price of €0.80 (11.1% below fair value)
Industry Position: 185.5% above the Manufacturing - Apparel & Accessories median (#374 of 1016)
No single metric tells the full story. See the MIL:CLF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Caleffi SpA is engaged in the design, manufacturing, and marketing of luxury household linen including duvet covers, sheets, throws, towels, bathrobes, etc. The company's products are sold under its brands such as Caleffi Colors, Living, Campus, Yachting, Cambio, Spugnissima, etc., and through licensed brands such as Disney, Barbie, and Mariella Burani. It caters to both Italian and international markets through its distribution network, both in the retail business and in the wholesale. The company's product offering spans across two categories; Bed which includes the bed cover, lat linen, and accessories; and Other which includes the bathroom, furniture, nightwear, homewear, table, and kitchen textiles. Geographically, it derives key revenue from its business in Italy.
34GF Score
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