De'Longhi SpAMIL:DLG -2.37%85 Return-on-Tangible-Equity is 29.33% as of Mar. 2026, which is 9% above its 10-year median of 26.95. GuruFocus rates MIL:DLG with a GF Score™ of 85/100 and a GF Value™ of €34.76 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 420 Furnishings, Fixtures & Appliances companies, De'Longhi SpA ranks better than 95.24% 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. De'Longhi SpA's annualized net income for the quarter that ended in Mar. 2026 was €247 Mil. De'Longhi SpA's average shareholder tangible equity for the quarter that ended in Mar. 2026 was €841 Mil. Therefore, De'Longhi SpA's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 29.33%.
The historical rank and industry rank for De'Longhi SpA's Return-on-Tangible-Equity or its related term are showing as below:
MIL:DLG'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 19.82 Med: 26.95 Max: 48.56
Current: 43.41
During the past 13 years, De'Longhi SpA's highest Return-on-Tangible-Equity was 48.56%. The lowest was 19.82%. And the median was 26.95%.
MIL:DLG's Return-on-Tangible-Equity is ranked better than 95.24% of 420
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 5.075
vs MIL:DLG: 43.41
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.
De'Longhi SpA Return-on-Tangible-Equity Related Terms
De'Longhi SpA Return-on-Tangible-Equity Historical Data
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The historical data trend for De'Longhi 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:DLG vs SN, SGI, MHK: Return-on-Tangible-Equity Comparison
For the Furnishings, Fixtures & Appliances subindustry, De'Longhi 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.
De'Longhi SpA Return-on-Tangible-Equity vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, De'Longhi SpA's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where De'Longhi 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 29.33% mean?
De'Longhi SpA (MIL:DLG) has a Return-on-Tangible-Equity of 29.33% 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 De'Longhi SpA and its competitors. This is near median its historical median of 26.95. Over the past decade, De'Longhi SpA's Return-on-Tangible-Equity has ranged from 19.82 to 48.56. According to the industry distribution chart, De'Longhi SpA ranks #20 out of 420 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 4.8%.
Is De'Longhi SpA's Return-on-Tangible-Equity too high?
De'Longhi SpA's current Return-on-Tangible-Equity of 29.33% is near median its 10-year median of 26.95. Over the past 10 years, this metric has ranged from a low of 19.82 to a high of 48.56. The Furnishings, Fixtures & Appliances industry median Return-on-Tangible-Equity is 5.08. De'Longhi SpA's value of 29.33% is 477.9% above this industry median. Based on the distribution chart, De'Longhi SpA ranks #20 out of 420 companies in the Furnishings, Fixtures & Appliances industry, which is in the top quartile — a strong position relative to peers. Overall, De'Longhi SpA has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does De'Longhi SpA's Return-on-Tangible-Equity compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, De'Longhi SpA ranks #20 out of 420 companies for Return-on-Tangible-Equity. This places De'Longhi SpA in the top 5% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.08. De'Longhi SpA's value of 29.33% is 477.9% above this benchmark. Historically, De'Longhi SpA's own Return-on-Tangible-Equity has ranged from 19.82 to 48.56 over the past decade. While the company's 10-year median is 26.95 vs. the industry median of 5.08, De'Longhi 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 Furnishings, Fixtures & Appliances company?
The median Return-on-Tangible-Equity among Furnishings, Fixtures & Appliances companies is 5.08, based on 420 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. De'Longhi SpA's current Return-on-Tangible-Equity of 29.33% is 477.9% 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 De'Longhi SpA and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Return-on-Tangible-Equity is 5.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. De'Longhi SpA's current Return-on-Tangible-Equity is 29.33%, which is near median its own 10-year median of 26.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is De'Longhi SpA stock overvalued right now?
Based on GuruFocus' analysis, De'Longhi SpA (MIL:DLG) is currently considered Modestly Overvalued. The stock's GF Value™ is €34.76, compared to a current price of €38.36 — trading 10.4% above its estimated fair value. The current Return-on-Tangible-Equity is 29.33%, which is near median its 10-year median of 26.95 and 477.9% above the Furnishings, Fixtures & Appliances industry median of 5.08. De'Longhi SpA's overall GF Score™ is 85/100 with 5 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 De'Longhi SpA (MIL:DLG), the current Return-on-Tangible-Equity is 29.33% 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 De'Longhi SpA (MIL:DLG) Overvalued in 2026?
Based on GuruFocus' analysis, De'Longhi SpA stock appears to be overvalued.
The current stock price of €38.36 is trading 10.4% above its estimated GF Value™ of €34.76.
GuruFocus considers De'Longhi SpA to be Modestly Overvalued.
Key valuation signals for MIL:DLG:
Return-on-Tangible-Equity: 29.33% (near median its 10-year median of 26.95)
GF Value™: €34.76 vs. price of €38.36 (10.4% above fair value)
Industry Position: 477.9% above the Furnishings, Fixtures & Appliances median (#20 of 420)
No single metric tells the full story. See the MIL:DLG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
De'Longhi SPA is an Italy-based company that is principally engaged in designing, producing, and selling small domestic appliances. The company's products consist of coffeemakers, cooking and food products, home-care products, air conditioners and air treatment products, electric heaters, and others. The company offers products under four brands: De'Longhi, Kenwood, Braun, and Ariete. It has two business segment Household and Professional divisions. Key revenue is generated from Household segment. The company has a business presence across the world, including Europe, America, MEIA Asia Pacific, and others, The company generates maximum revenue from Europe.
85GF Score
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