GPI SpAMIL:GPI +0.81%80 Return-on-Tangible-Equity is Negative Tangible Equity% as of Dec. 2025. GuruFocus rates MIL:GPI with a GF Score™ of 80/100 and a GF Value™ of €16.20 (Fairly Valued). The stock has 4 warning signs investors should review. Among 582 Healthcare Providers & Services companies, GPI SpA ranks better than 99.83% 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. GPI SpA's annualized net income for the quarter that ended in Dec. 2025 was €24.9 Mil. GPI SpA's average shareholder tangible equity for the quarter that ended in Dec. 2025 was €-96.0 Mil. Therefore, GPI SpA's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was Negative Tangible Equity%.
The historical rank and industry rank for GPI SpA's Return-on-Tangible-Equity or its related term are showing as below:
MIL:GPI'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 61.54 Med: 104.07 Max: 146.6
Current: Negative Tangible Equity
During the past 12 years, GPI SpA's highest Return-on-Tangible-Equity was 146.60%. The lowest was 61.54%. And the median was 104.07%.
MIL:GPI's Return-on-Tangible-Equity is ranked better than 99.83% of 582
companies
in the Healthcare Providers & Services industry
Industry Median: 10.065
vs MIL:GPI: Negative Tangible Equity
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.
GPI SpA Return-on-Tangible-Equity Related Terms
GPI SpA Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for GPI 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:GPI vs VEEV, BTSG, TEM: Return-on-Tangible-Equity Comparison
For the Health Information Services subindustry, GPI 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.
GPI SpA Return-on-Tangible-Equity vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, GPI SpA's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where GPI 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 Negative Tangible Equity% mean?
GPI SpA (MIL:GPI) has a Return-on-Tangible-Equity of Negative Tangible Equity% 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 GPI SpA and its competitors. Over the past decade, GPI SpA's Return-on-Tangible-Equity has ranged from 61.54 to 146.60. According to the industry distribution chart, GPI SpA ranks #1 out of 582 companies in the Healthcare Providers & Services industry, placing it in the top 0.2%.
Is GPI SpA's Return-on-Tangible-Equity too high?
GPI SpA's current Return-on-Tangible-Equity is Negative Tangible Equity%. Over the past 10 years, this metric has ranged from a low of 61.54 to a high of 146.60. Based on the distribution chart, GPI SpA ranks #1 out of 582 companies in the Healthcare Providers & Services industry, which is in the top quartile — a strong position relative to peers. Overall, GPI SpA has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does GPI SpA's Return-on-Tangible-Equity compare to VEEV and BTSG?
According to the Healthcare Providers & Services industry distribution chart, GPI SpA ranks #1 out of 582 companies for Return-on-Tangible-Equity. This places GPI SpA in the top 0% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 10.07. Historically, GPI SpA's own Return-on-Tangible-Equity has ranged from 61.54 to 146.60 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 Healthcare Providers & Services company?
The median Return-on-Tangible-Equity among Healthcare Providers & Services companies is 10.07, based on 582 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 GPI SpA and its competitors. For the Healthcare Providers & Services industry, the median Return-on-Tangible-Equity is 10.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GPI SpA's current Return-on-Tangible-Equity is Negative Tangible Equity%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GPI SpA stock overvalued right now?
Based on GuruFocus' analysis, GPI SpA (MIL:GPI) is currently considered Fairly Valued. The stock's GF Value™ is €16.20, compared to a current price of €14.86 — trading 8.3% below its estimated fair value. The current Return-on-Tangible-Equity is Negative Tangible Equity%. GPI SpA's overall GF Score™ is 80/100 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 GPI SpA (MIL:GPI), the current Return-on-Tangible-Equity is Negative Tangible Equity% 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 GPI SpA (MIL:GPI) Overvalued in 2026?
Based on GuruFocus' analysis, GPI SpA stock appears to be undervalued.
The current stock price of €14.86 is trading 8.3% below its estimated GF Value™ of €16.20.
GuruFocus considers GPI SpA to be Fairly Valued.
No single metric tells the full story. See the MIL:GPI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
GPI SpA operates in the field of social-healthcare IT services and hi-tech services for health. It provides services in the areas of IT systems, healthcare, pharmacy logistics, electronic payment solutions, and ICT infrastructures and systemic services.
80GF Score
Get the complete analysis for MIL:GPI
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MIL:GPI has been successfully added to your 
