Lemon Sistemi SpAMIL:LS -2.00%13 Return-on-Tangible-Equity is -14.04% as of Dec. 2025. GuruFocus rates MIL:LS with a GF Score™ of 13/100. The stock has 6 warning signs investors should review. Among 985 Semiconductors companies, Lemon Sistemi SpA ranks worse than 66.4% 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. Lemon Sistemi SpA's annualized net income for the quarter that ended in Dec. 2025 was €-0.95 Mil. Lemon Sistemi SpA's average shareholder tangible equity for the quarter that ended in Dec. 2025 was €6.80 Mil. Therefore, Lemon Sistemi SpA's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was -14.04%.
The historical rank and industry rank for Lemon Sistemi SpA's Return-on-Tangible-Equity or its related term are showing as below:
MIL:LS'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -18.75 Med: 29.47 Max: 99.32
Current: 0.03
During the past 5 years, Lemon Sistemi SpA's highest Return-on-Tangible-Equity was 99.32%. The lowest was -18.75%. And the median was 29.47%.
MIL:LS's Return-on-Tangible-Equity is ranked worse than 66.4% of 985
companies
in the Semiconductors industry
Industry Median: 5.19
vs MIL:LS: 0.03
Lemon Sistemi SpA (MIL:LS) 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.
Lemon Sistemi SpA Return-on-Tangible-Equity Related Terms
Lemon Sistemi SpA Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Lemon Sistemi 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:LS vs FSLR, NXT, ENPH: Return-on-Tangible-Equity Comparison
For the Solar subindustry, Lemon Sistemi 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.
Lemon Sistemi SpA Return-on-Tangible-Equity vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Lemon Sistemi SpA's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Lemon Sistemi 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 -14.04% mean?
Lemon Sistemi SpA (MIL:LS) has a Return-on-Tangible-Equity of -14.04% 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 Lemon Sistemi SpA and its competitors. According to the industry distribution chart, Lemon Sistemi SpA ranks #654 out of 985 companies in the Semiconductors industry, placing it in the top 66.4%.
Is Lemon Sistemi SpA's Return-on-Tangible-Equity too high?
Lemon Sistemi SpA's current Return-on-Tangible-Equity is -14.04%. Based on the distribution chart, Lemon Sistemi SpA ranks #654 out of 985 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Lemon Sistemi SpA has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Lemon Sistemi SpA's Return-on-Tangible-Equity compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Lemon Sistemi SpA ranks #654 out of 985 companies for Return-on-Tangible-Equity. This places Lemon Sistemi SpA in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.19. 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 Semiconductors company?
The median Return-on-Tangible-Equity among Semiconductors companies is 5.19, based on 985 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 Lemon Sistemi SpA and its competitors. For the Semiconductors industry, the median Return-on-Tangible-Equity is 5.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lemon Sistemi SpA's current Return-on-Tangible-Equity is -14.04%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lemon Sistemi SpA stock overvalued right now?
Lemon Sistemi SpA (MIL:LS) has a current Return-on-Tangible-Equity of -14.04%. The current Return-on-Tangible-Equity is -14.04%. Lemon Sistemi SpA's overall GF Score™ is 13/100 with 6 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 Lemon Sistemi SpA (MIL:LS), the current Return-on-Tangible-Equity is -14.04% 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.
Lemon Sistemi SpA is an Italian company that specializes in solar energy systems. It focuses on designing, installing, and maintaining photovoltaic systems for homes and businesses. Its product portfolio includes Sunpower photovoltaic, Solar Thermal, Renewable heating systems, Storage systems, and Electric car charging stations.
13GF Score
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