Espe SpAMIL:ESPE -0.99%16 Return-on-Tangible-Equity is 64.58% as of Dec. 2025, which is 116% above its 10-year median of 29.84. GuruFocus rates MIL:ESPE with a GF Score™ of 16/100. The stock has 7 warning signs investors should review. Among 1,704 Construction companies, Espe SpA ranks better than 90.08% 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. Espe SpA's annualized net income for the quarter that ended in Dec. 2025 was €9.02 Mil. Espe SpA's average shareholder tangible equity for the quarter that ended in Dec. 2025 was €13.96 Mil. Therefore, Espe SpA's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 64.58%.
The historical rank and industry rank for Espe SpA's Return-on-Tangible-Equity or its related term are showing as below:
MIL:ESPE'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 1.81 Med: 29.84 Max: 53.59
Current: 53.59
During the past 5 years, Espe SpA's highest Return-on-Tangible-Equity was 53.59%. The lowest was 1.81%. And the median was 29.84%.
MIL:ESPE's Return-on-Tangible-Equity is ranked better than 90.08% of 1704
companies
in the Construction industry
Industry Median: 8.245
vs MIL:ESPE: 53.59
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.
Espe SpA Return-on-Tangible-Equity Related Terms
Espe SpA Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Espe 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:ESPE vs PWR, FIX, EME: Return-on-Tangible-Equity Comparison
For the Engineering & Construction subindustry, Espe 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.
Espe SpA Return-on-Tangible-Equity vs Construction Industry
For the Construction industry and Industrials sector, Espe SpA's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Espe 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 64.58% mean?
Espe SpA (MIL:ESPE) has a Return-on-Tangible-Equity of 64.58% 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 Espe SpA and its competitors. This is 116% above median its historical median of 29.84. Over the past decade, Espe SpA's Return-on-Tangible-Equity has ranged from 1.81 to 53.59. According to the industry distribution chart, Espe SpA ranks #169 out of 1704 companies in the Construction industry, placing it in the top 9.9%.
Is Espe SpA's Return-on-Tangible-Equity too high?
Espe SpA's current Return-on-Tangible-Equity of 64.58% is 116% above median its 10-year median of 29.84. Over the past 10 years, this metric has ranged from a low of 1.81 to a high of 53.59. The Construction industry median Return-on-Tangible-Equity is 8.25. Espe SpA's value of 64.58% is 683.3% above this industry median. Based on the distribution chart, Espe SpA ranks #169 out of 1704 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Espe SpA has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Espe SpA's Return-on-Tangible-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, Espe SpA ranks #169 out of 1704 companies for Return-on-Tangible-Equity. This places Espe SpA in the top 10% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 8.25. Espe SpA's value of 64.58% is 683.3% above this benchmark. Historically, Espe SpA's own Return-on-Tangible-Equity has ranged from 1.81 to 53.59 over the past decade. While the company's 10-year median is 29.84 vs. the industry median of 8.25, Espe 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 Construction company?
The median Return-on-Tangible-Equity among Construction companies is 8.25, based on 1,704 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. Espe SpA's current Return-on-Tangible-Equity of 64.58% is 683.3% 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 Espe SpA and its competitors. For the Construction industry, the median Return-on-Tangible-Equity is 8.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Espe SpA's current Return-on-Tangible-Equity is 64.58%, which is 116% above median its own 10-year median of 29.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Espe SpA stock overvalued right now?
Espe SpA (MIL:ESPE) has a current Return-on-Tangible-Equity of 64.58%. The current Return-on-Tangible-Equity is 64.58%, which is 116% above median its 10-year median of 29.84 and 683.3% above the Construction industry median of 8.25. Espe SpA's overall GF Score™ is 16/100 with 7 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 Espe SpA (MIL:ESPE), the current Return-on-Tangible-Equity is 64.58% 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.
Espe SpA is a company which is producers of cutting edge solutions. They are born as installers of industrial electrical systems, over the years they have accumulated a rich wealth of experience, expanding its activities in the field of installation of photovoltaic systems and in the direct production of innovative technologies in the small wind, hydroelectric and biomass sectors.
16GF Score
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