Lindbergh SpA (MIL:LDB) Return-on-Tangible-Equity: Negative Tangible Equity% (As of Dec. 2025)


MIL:LDB Lindbergh SpA MIL:LDB
76 GF Score
Price €14.80
GF Value €6.08
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Lindbergh SpA Return-on-Tangible-Equity?

Lindbergh SpA MIL:LDB +3.14% 76 Return-on-Tangible-Equity is Negative Tangible Equity% as of Dec. 2025. GuruFocus rates MIL:LDB with a GF Score™ of 76/100 and a GF Value™ of €6.08 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 974 Transportation companies, Lindbergh SpA ranks better than 94.46% 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. Lindbergh SpA's annualized net income for the quarter that ended in Dec. 2025 was €3.01 Mil. Lindbergh SpA's average shareholder tangible equity for the quarter that ended in Dec. 2025 was €-0.92 Mil. Therefore, Lindbergh 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 Lindbergh SpA's Return-on-Tangible-Equity or its related term are showing as below:

MIL:LDB' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 16.15   Med: 63.5   Max: 796.91
Current: 696.76

During the past 7 years, Lindbergh SpA's highest Return-on-Tangible-Equity was 796.91%. The lowest was 16.15%. And the median was 63.50%.

MIL:LDB's Return-on-Tangible-Equity is ranked better than
94.46% of 974 companies
in the Transportation industry
Industry Median: 8.985 vs MIL:LDB: 696.76

Lindbergh SpA  (MIL:LDB) 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.


Lindbergh SpA Return-on-Tangible-Equity Related Terms


Lindbergh SpA Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Lindbergh 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.

Lindbergh SpA Return-on-Tangible-Equity Chart

Lindbergh SpA Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial 62.51 74.53 102.93 16.15 796.91

Lindbergh SpA Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 62.25 219.42 -60.67 125.78 Negative Tangible Equity

MIL:LDB vs UPS, FDX, JBHT: Return-on-Tangible-Equity Comparison

For the Integrated Freight & Logistics subindustry, Lindbergh 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.


Lindbergh SpA Return-on-Tangible-Equity vs Transportation Industry

For the Transportation industry and Industrials sector, Lindbergh SpA's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Lindbergh SpA's Return-on-Tangible-Equity falls into.


MIL:LDB
76GF Score
Lindbergh SpA MIL:LDB
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lindbergh SpA Return-on-Tangible-Equity Calculation

Lindbergh SpA's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=2.578/( (2.943+-2.296 )/ 2 )
=2.578/0.3235
=796.91 %

Lindbergh SpA's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=3.014/( (0.463+-2.296)/ 2 )
=3.014/-0.9165
=Negative Tangible Equity %

* 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?
Lindbergh SpA (MIL:LDB) 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 Lindbergh SpA and its competitors. Over the past decade, Lindbergh SpA's Return-on-Tangible-Equity has ranged from 16.15 to 796.91. According to the industry distribution chart, Lindbergh SpA ranks #54 out of 974 companies in the Transportation industry, placing it in the top 5.5%.
Is Lindbergh SpA's Return-on-Tangible-Equity too high?
Lindbergh SpA's current Return-on-Tangible-Equity is Negative Tangible Equity%. Over the past 10 years, this metric has ranged from a low of 16.15 to a high of 796.91. Based on the distribution chart, Lindbergh SpA ranks #54 out of 974 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Lindbergh SpA has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lindbergh SpA's Return-on-Tangible-Equity compare to UPS and FDX?
According to the Transportation industry distribution chart, Lindbergh SpA ranks #54 out of 974 companies for Return-on-Tangible-Equity. This places Lindbergh SpA in the top 6% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 8.99. Historically, Lindbergh SpA's own Return-on-Tangible-Equity has ranged from 16.15 to 796.91 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 Transportation company?
The median Return-on-Tangible-Equity among Transportation companies is 8.99, based on 974 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 Lindbergh SpA and its competitors. For the Transportation industry, the median Return-on-Tangible-Equity is 8.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lindbergh 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 Lindbergh SpA stock overvalued right now?
Based on GuruFocus' analysis, Lindbergh SpA (MIL:LDB) is currently considered Significantly Overvalued. The stock's GF Value™ is €6.08, compared to a current price of €14.80 — trading 143.4% above its estimated fair value. The current Return-on-Tangible-Equity is Negative Tangible Equity%. Lindbergh SpA's overall GF Score™ is 76/100 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 Lindbergh SpA (MIL:LDB), 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 Lindbergh SpA (MIL:LDB) Overvalued in 2026?

Based on GuruFocus' analysis, Lindbergh SpA stock appears to be overvalued. The current stock price of €14.80 is trading 143.4% above its estimated GF Value™ of €6.08. GuruFocus considers Lindbergh SpA to be Significantly Overvalued.

Key valuation signals for MIL:LDB:

  • Return-on-Tangible-Equity: Negative Tangible Equity%
  • GF Value™: €6.08 vs. price of €14.80 (143.4% above fair value)
  • GF Score™: 76/100 with 7 warning signs

No single metric tells the full story. See the MIL:LDB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lindbergh SpA Business Description

Other Exchanges D8M:Germany
Address Via Guarneri Zanetti 22, Pescarolo Ed Uniti, ITA, 26033
Lindbergh SpA offers value-added logistics services to customers in a variety of industries through networks of technical assistance and field operations management. Additionally, it operates two other business units: Waste Management/Circular Economy and HVAC (heating, ventilation, and air-conditioning) services. Maximum revenue is generated from the HVAC business unit, which is mainly engaged in servicing and installing HVAC equipment. The Circular Economy services unit manages the entire flow of industrial waste and acts as a single point of contact for large customers with special needs and requirements relating to waste disposal and recovery. Geographically, the Group generates maximum revenue from its business in Italy, and the rest from the EU (excluding Italy) and Non-EU countries.
76GF Score

Get the complete analysis for MIL:LDB

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€14.80
Price
€6.08
GF Value