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. Davide Campari-Milano NV's annualized net income for the quarter that ended in Dec. 2025 was €-210 Mil. Davide Campari-Milano NV's average shareholder tangible equity for the quarter that ended in Dec. 2025 was €398 Mil. Therefore, Davide Campari-Milano NV's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was -52.79%.
The historical rank and industry rank for Davide Campari-Milano NV's Return-on-Tangible-Equity or its related term are showing as below:
MIL:CPR'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 137.17 Med: 156.24 Max: 156.24
Current: 137.17
During the past 13 years, Davide Campari-Milano NV's highest Return-on-Tangible-Equity was 156.24%. The lowest was 137.17%. And the median was 156.24%.
MIL:CPR's Return-on-Tangible-Equity is ranked better than 90.55% of 201
companies
in the Beverages - Alcoholic industry
Industry Median: 8.55
vs MIL:CPR: 137.17
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.
Davide Campari-Milano NV Return-on-Tangible-Equity Related Terms
Davide Campari-Milano NV Return-on-Tangible-Equity Historical Data
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The historical data trend for Davide Campari-Milano 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.
MIL:CPR vs BF.B: Return-on-Tangible-Equity Comparison
For the Beverages - Wineries & Distilleries subindustry, Davide Campari-Milano 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.
Davide Campari-Milano NV Return-on-Tangible-Equity vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Davide Campari-Milano NV's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Davide Campari-Milano 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 (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 -52.79% mean?
Davide Campari-Milano NV (MIL:CPR) has a Return-on-Tangible-Equity of -52.79% 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 Davide Campari-Milano NV and its competitors. Over the past decade, Davide Campari-Milano NV's Return-on-Tangible-Equity has ranged from 137.17 to 156.24. According to the industry distribution chart, Davide Campari-Milano NV ranks #19 out of 201 companies in the Beverages - Alcoholic industry, placing it in the top 9.5%.
Is Davide Campari-Milano NV's Return-on-Tangible-Equity too high?
Davide Campari-Milano NV's current Return-on-Tangible-Equity is -52.79%. Over the past 10 years, this metric has ranged from a low of 137.17 to a high of 156.24. Based on the distribution chart, Davide Campari-Milano NV ranks #19 out of 201 companies in the Beverages - Alcoholic industry, which is in the top quartile — a strong position relative to peers. Overall, Davide Campari-Milano NV has a GF Score™ of 79/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Davide Campari-Milano NV's Return-on-Tangible-Equity compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, Davide Campari-Milano NV ranks #19 out of 201 companies for Return-on-Tangible-Equity. This places Davide Campari-Milano NV in the top 10% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 8.55. Historically, Davide Campari-Milano NV's own Return-on-Tangible-Equity has ranged from 137.17 to 156.24 over the past decade. 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 Beverages - Alcoholic company?
The median Return-on-Tangible-Equity among Beverages - Alcoholic companies is 8.55, based on 201 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 Davide Campari-Milano NV and its competitors. For the Beverages - Alcoholic industry, the median Return-on-Tangible-Equity is 8.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Davide Campari-Milano NV's current Return-on-Tangible-Equity is -52.79%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Davide Campari-Milano NV stock overvalued right now?
Based on GuruFocus' analysis, Davide Campari-Milano NV (MIL:CPR) is currently considered Significantly Undervalued. The stock's GF Value™ is €7.88, compared to a current price of €5.47 — trading 30.5% below its estimated fair value. The current Return-on-Tangible-Equity is -52.79%. Davide Campari-Milano NV's overall GF Score™ is 79/100 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 Davide Campari-Milano NV (MIL:CPR), the current Return-on-Tangible-Equity is -52.79% 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 Davide Campari-Milano NV (MIL:CPR) Overvalued in 2026?
Based on GuruFocus' analysis, Davide Campari-Milano NV stock appears to be undervalued.
The current stock price of €5.47 is trading 30.5% below its estimated GF Value™ of €7.88.
GuruFocus considers Davide Campari-Milano NV to be Significantly Undervalued.
Key valuation signals for MIL:CPR:
Return-on-Tangible-Equity: -52.79%
GF Value™: €7.88 vs. price of €5.47 (30.5% below fair value)
No single metric tells the full story. See the MIL:CPR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Davide Campari-Milano is the Italian-headquartered parent of Campari Group and is the world's leading manufacturer of bitters, with a volume share of around 24% in 2025, according to Euromonitor. The company's liqueur portfolio includes Aperol, Campari, and Grand Marnier. The remainder of the portfolio spans a wide range of categories, including global brands Skyy vodka and Wild Turkey bourbon and niche brands such as Appleton Estate rum, Bulldog gin, and Espolòn tequila. Campari also produces and markets a range of Champagne and sparkling wines. Campari is controlled by Lagfin, a Luxembourg-based holding company, which holds 52% of the share capital and over 60% of the voting rights. The rest of the equity is free floating.
79GF Score
Get the complete analysis for MIL:CPR
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