ETS Engineering and Technical Services SpAMIL:ETS +1.52%21 Return-on-Tangible-Equity is 38.39% as of Dec. 2025, which is 44% below its 10-year median of 68.76. GuruFocus rates MIL:ETS with a GF Score™ of 21/100. The stock has 5 warning signs investors should review. Among 1,704 Construction companies, ETS Engineering and Technical Services SpA ranks better than 86.8% on this metric.
MIL:ETS's Return-on-Tangible-Equity is ranked better than 86.8% of 1704
companies
in the Construction industry
Industry Median: 8.245
vs MIL:ETS: 38.39
ETS Engineering and Technical Services SpA (MIL:ETS) 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.
ETS Engineering and Technical Services SpA Return-on-Tangible-Equity Related Terms
ETS Engineering and Technical Services SpA Return-on-Tangible-Equity Historical Data
* 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.
ETS Engineering and Technical Services SpA Return-on-Tangible-Equity Chart
ETS Engineering and Technical Services SpA Annual Data
Trend
Dec23
Dec24
Dec25
Return-on-Tangible-Equity
72.11
68.76
38.39
ETS Engineering and Technical Services SpA Semi-Annual Data
Dec23
Dec24
Dec25
Return-on-Tangible-Equity
72.11
68.76
38.39
MIL:ETS vs PWR, FIX, EME: Return-on-Tangible-Equity Comparison
For the Engineering & Construction subindustry, ETS Engineering and Technical Services 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.
ETS Engineering and Technical Services SpA Return-on-Tangible-Equity vs Construction Industry
* 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 one times the 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 38.39% mean?
ETS Engineering and Technical Services SpA (MIL:ETS) has a Return-on-Tangible-Equity of 38.39% 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 ETS Engineering and Technical Services SpA and its competitors. This is 44% below median its historical median of 68.76. Over the past decade, ETS Engineering and Technical Services SpA's Return-on-Tangible-Equity has ranged from 38.39 to 72.11. According to the industry distribution chart, ETS Engineering and Technical Services SpA ranks #225 out of 1704 companies in the Construction industry, placing it in the top 13.2%.
Is ETS Engineering and Technical Services SpA's Return-on-Tangible-Equity too high?
ETS Engineering and Technical Services SpA's current Return-on-Tangible-Equity of 38.39% is 44% below median its 10-year median of 68.76. Over the past 10 years, this metric has ranged from a low of 38.39 to a high of 72.11. The Construction industry median Return-on-Tangible-Equity is 8.25. ETS Engineering and Technical Services SpA's value of 38.39% is 365.6% above this industry median. Based on the distribution chart, ETS Engineering and Technical Services SpA ranks #225 out of 1704 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, ETS Engineering and Technical Services SpA has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does ETS Engineering and Technical Services SpA's Return-on-Tangible-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, ETS Engineering and Technical Services SpA ranks #225 out of 1704 companies for Return-on-Tangible-Equity. This places ETS Engineering and Technical Services SpA in the top 13% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 8.25. ETS Engineering and Technical Services SpA's value of 38.39% is 365.6% above this benchmark. Historically, ETS Engineering and Technical Services SpA's own Return-on-Tangible-Equity has ranged from 38.39 to 72.11 over the past decade. While the company's 10-year median is 68.76 vs. the industry median of 8.25, ETS Engineering and Technical Services 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. ETS Engineering and Technical Services SpA's current Return-on-Tangible-Equity of 38.39% is 365.6% 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 ETS Engineering and Technical Services 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. ETS Engineering and Technical Services SpA's current Return-on-Tangible-Equity is 38.39%, which is 44% below median its own 10-year median of 68.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ETS Engineering and Technical Services SpA stock overvalued right now?
ETS Engineering and Technical Services SpA (MIL:ETS) has a current Return-on-Tangible-Equity of 38.39%. The current Return-on-Tangible-Equity is 38.39%, which is 44% below median its 10-year median of 68.76 and 365.6% above the Construction industry median of 8.25. ETS Engineering and Technical Services SpA's overall GF Score™ is 21/100 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 ETS Engineering and Technical Services SpA (MIL:ETS), the current Return-on-Tangible-Equity is 38.39% 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.
ETS Engineering and Technical Services SpA Business Description
ETS Engineering and Technical Services SpA is an engineering company. The company offers integrated services in civil and systems engineering. It provides end-to-end solutions from feasibility studies and energy diagnostics to design, project management, and site supervision, ensuring efficiency, cost control, and technical excellence for both public and private clients.
21GF Score
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