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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. Health Italia SpA's annualized net income for the quarter that ended in Jun. 2025 was €3.83 Mil. Health Italia SpA's average shareholder tangible equity for the quarter that ended in Jun. 2025 was €28.17 Mil. Therefore, Health Italia SpA's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2025 was 13.60%.
The historical rank and industry rank for Health Italia SpA's Return-on-Tangible-Equity or its related term are showing as below:
MIL:HI'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0.08 Med: 5.82 Max: 15.25
Current: 10.23
During the past 10 years, Health Italia SpA's highest Return-on-Tangible-Equity was 15.25%. The lowest was 0.08%. And the median was 5.82%.
MIL:HI's Return-on-Tangible-Equity is not ranked
in the Healthcare Plans industry.
Industry Median: 14.115
vs MIL:HI: 10.23
Health Italia SpA (MIL:HI) 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.
Health Italia SpA Return-on-Tangible-Equity Related Terms
Health Italia SpA Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Health Italia 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:HI vs UNH, CVS, CI: Return-on-Tangible-Equity Comparison
For the Healthcare Plans subindustry, Health Italia 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.
Health Italia SpA Return-on-Tangible-Equity vs Healthcare Plans Industry
For the Healthcare Plans industry and Healthcare sector, Health Italia SpA's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Health Italia 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 (Jun. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 13.60% mean?
Health Italia SpA (MIL:HI) has a Return-on-Tangible-Equity of 13.60% as of Jun. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Health Italia SpA and its competitors. This is 134% above median its historical median of 5.82. Over the past decade, Health Italia SpA's Return-on-Tangible-Equity has ranged from 0.08 to 15.25.
Is Health Italia SpA's Return-on-Tangible-Equity too high?
Health Italia SpA's current Return-on-Tangible-Equity of 13.60% is 134% above median its 10-year median of 5.82. Over the past 10 years, this metric has ranged from a low of 0.08 to a high of 15.25. The Healthcare Plans industry median Return-on-Tangible-Equity is 14.12. Health Italia SpA's value of 13.60% is 3.6% below this industry median. Overall, Health Italia SpA has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does Health Italia SpA's Return-on-Tangible-Equity compare to UNH and CVS?
Health Italia SpA's Return-on-Tangible-Equity of 13.60% can be compared against companies in the Healthcare Plans industry. The industry median Return-on-Tangible-Equity is 14.12. Health Italia SpA's value of 13.60% is 3.6% below this benchmark. Historically, Health Italia SpA's own Return-on-Tangible-Equity has ranged from 0.08 to 15.25 over the past decade. While the company's 10-year median is 5.82 vs. the industry median of 14.12, Health Italia SpA has consistently been below 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 Healthcare Plans company?
The median Return-on-Tangible-Equity among Healthcare Plans companies is 14.12, based on 18 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. Health Italia SpA's current Return-on-Tangible-Equity of 13.60% is 3.6% below 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 Health Italia SpA and its competitors. For the Healthcare Plans industry, the median Return-on-Tangible-Equity is 14.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Health Italia SpA's current Return-on-Tangible-Equity is 13.60%, which is 134% above median its own 10-year median of 5.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Health Italia SpA stock overvalued right now?
Health Italia SpA (MIL:HI) has a current Return-on-Tangible-Equity of 13.60%. The stock's GF Value™ is €142.57, compared to a current price of €299.00 — trading 109.7% above its estimated fair value. The current Return-on-Tangible-Equity is 13.60%, which is 134% above median its 10-year median of 5.82 and 3.6% below the Healthcare Plans industry median of 14.12. Health Italia SpA's overall GF Score™ is 43/100 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 Health Italia SpA (MIL:HI), the current Return-on-Tangible-Equity is 13.60% as of Jun. 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 Health Italia SpA (MIL:HI) Overvalued in 2026?
Based on GuruFocus' analysis, Health Italia SpA stock appears to be overvalued.
The current stock price of €299.00 is trading 109.7% above its estimated GF Value™ of €142.57.
Key valuation signals for MIL:HI:
Return-on-Tangible-Equity: 13.60% (134% above median its 10-year median of 5.82)
GF Value™: €142.57 vs. price of €299.00 (109.7% above fair value)
Industry Position: 3.6% below the Healthcare Plans median
No single metric tells the full story. See the MIL:HI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Health Italia SpA is an Italy based company engaged in offering integrated healthcare services. It operates in the promotion of integrated and alternative healthcare solutions and provides administrative, liquidation, information technology and consulting services for health funds, health care funds and mutual-aid companies. In addition, the group is also active in the corporate welfare market and manages outsourced flexible benefit welfare plans.
43GF Score
Get the complete analysis for MIL:HI
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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