ENA SPAMIL:ENA +2.21%52 Return-on-Tangible-Equity is -24.58% as of Dec. 2025. GuruFocus rates MIL:ENA with a GF Score™ of 52/100 and a GF Value™ of €0.97 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,715 Real Estate companies, ENA SPA ranks worse than 91.78% 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. ENA SPA's annualized net income for the quarter that ended in Dec. 2025 was €-1.44 Mil. ENA SPA's average shareholder tangible equity for the quarter that ended in Dec. 2025 was €5.86 Mil. Therefore, ENA SPA's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was -24.58%.
The historical rank and industry rank for ENA SPA's Return-on-Tangible-Equity or its related term are showing as below:
MIL:ENA'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -47.61 Med: 13.22 Max: 43.12
Current: -24.32
During the past 6 years, ENA SPA's highest Return-on-Tangible-Equity was 43.12%. The lowest was -47.61%. And the median was 13.22%.
MIL:ENA's Return-on-Tangible-Equity is ranked worse than 91.78% of 1715
companies
in the Real Estate industry
Industry Median: 4.23
vs MIL:ENA: -24.32
ENA SPA (MIL:ENA) 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.
ENA SPA Return-on-Tangible-Equity Related Terms
ENA SPA Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for ENA 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:ENA vs CBRE, BEKE, JLL: Return-on-Tangible-Equity Comparison
For the Real Estate Services subindustry, ENA 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.
ENA SPA Return-on-Tangible-Equity vs Real Estate Industry
For the Real Estate industry and Real Estate sector, ENA SPA's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where ENA 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 -24.58% mean?
ENA SPA (MIL:ENA) has a Return-on-Tangible-Equity of -24.58% 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 ENA SPA and its competitors. According to the industry distribution chart, ENA SPA ranks #1574 out of 1715 companies in the Real Estate industry, placing it in the top 91.8%.
Is ENA SPA's Return-on-Tangible-Equity too high?
ENA SPA's current Return-on-Tangible-Equity is -24.58%. Based on the distribution chart, ENA SPA ranks #1574 out of 1715 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, ENA SPA has a GF Score™ of 52/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ENA SPA's Return-on-Tangible-Equity compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, ENA SPA ranks #1574 out of 1715 companies for Return-on-Tangible-Equity. This places ENA SPA in the lower half of its industry. The industry median Return-on-Tangible-Equity is 4.23. 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 Real Estate company?
The median Return-on-Tangible-Equity among Real Estate companies is 4.23, based on 1,715 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 ENA SPA and its competitors. For the Real Estate industry, the median Return-on-Tangible-Equity is 4.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ENA SPA's current Return-on-Tangible-Equity is -24.58%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ENA SPA stock overvalued right now?
Based on GuruFocus' analysis, ENA SPA (MIL:ENA) is currently considered Modestly Undervalued. The stock's GF Value™ is €0.97, compared to a current price of €0.70 — trading 28.4% below its estimated fair value. The current Return-on-Tangible-Equity is -24.58%. ENA SPA's overall GF Score™ is 52/100 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 ENA SPA (MIL:ENA), the current Return-on-Tangible-Equity is -24.58% 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 ENA SPA (MIL:ENA) Overvalued in 2026?
Based on GuruFocus' analysis, ENA SPA stock appears to be undervalued.
The current stock price of €0.70 is trading 28.4% below its estimated GF Value™ of €0.97.
GuruFocus considers ENA SPA to be Modestly Undervalued.
Key valuation signals for MIL:ENA:
Return-on-Tangible-Equity: -24.58%
GF Value™: €0.97 vs. price of €0.70 (28.4% below fair value)
No single metric tells the full story. See the MIL:ENA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ENA SPA is specialized in real estate management and administration services. The company's activities include general management of condominiums, management of accounting, maintenance, energy systems, fire prevention, technical service work, third-party services and insurance policies, disputes, and claims for condominiums.
52GF Score
Get the complete analysis for MIL:ENA
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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