Markbass SpAMIL:MARK -1.16%17 Return-on-Tangible-Equity is 16.01% as of Dec. 2025, which is 70% above its 10-year median of 9.42. GuruFocus rates MIL:MARK with a GF Score™ of 17/100. The stock has 4 warning signs investors should review. Among 794 Travel & Leisure companies, Markbass SpA ranks better than 65.62% 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. Markbass SpA's annualized net income for the quarter that ended in Dec. 2025 was €0.39 Mil. Markbass SpA's average shareholder tangible equity for the quarter that ended in Dec. 2025 was €2.42 Mil. Therefore, Markbass SpA's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 16.01%.
The historical rank and industry rank for Markbass SpA's Return-on-Tangible-Equity or its related term are showing as below:
MIL:MARK'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 9.42 Med: 9.42 Max: 14.57
Current: 14.57
During the past 3 years, Markbass SpA's highest Return-on-Tangible-Equity was 14.57%. The lowest was 9.42%. And the median was 9.42%.
MIL:MARK's Return-on-Tangible-Equity is ranked better than 65.62% of 794
companies
in the Travel & Leisure industry
Industry Median: 7.615
vs MIL:MARK: 14.57
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.
Markbass SpA Return-on-Tangible-Equity Related Terms
Markbass SpA Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Markbass 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.
Markbass SpA Return-on-Tangible-Equity Chart
Markbass SpA Annual Data
Trend
Dec23
Dec24
Dec25
Return-on-Tangible-Equity
Negative Tangible Equity
Negative Tangible Equity
9.42
Markbass SpA Semi-Annual Data
Dec23
Dec24
Jun25
Dec25
Return-on-Tangible-Equity
0.00
0.00
Negative Tangible Equity
16.01
MIL:MARK vs AS, HAS, LTH: Return-on-Tangible-Equity Comparison
For the Leisure subindustry, Markbass 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.
Markbass SpA Return-on-Tangible-Equity vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Markbass SpA's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Markbass 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 16.01% mean?
Markbass SpA (MIL:MARK) has a Return-on-Tangible-Equity of 16.01% 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 Markbass SpA and its competitors. This is 70% above median its historical median of 9.42. Over the past decade, Markbass SpA's Return-on-Tangible-Equity has ranged from 9.42 to 14.57. According to the industry distribution chart, Markbass SpA ranks #273 out of 794 companies in the Travel & Leisure industry, placing it in the top 34.4%.
Is Markbass SpA's Return-on-Tangible-Equity too high?
Markbass SpA's current Return-on-Tangible-Equity of 16.01% is 70% above median its 10-year median of 9.42. Over the past 10 years, this metric has ranged from a low of 9.42 to a high of 14.57. The Travel & Leisure industry median Return-on-Tangible-Equity is 7.62. Markbass SpA's value of 16.01% is 110.2% above this industry median. Based on the distribution chart, Markbass SpA ranks #273 out of 794 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Markbass SpA has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Markbass SpA's Return-on-Tangible-Equity compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Markbass SpA ranks #273 out of 794 companies for Return-on-Tangible-Equity. This puts Markbass SpA in the upper half of its industry. The industry median Return-on-Tangible-Equity is 7.62. Markbass SpA's value of 16.01% is 110.2% above this benchmark. Historically, Markbass SpA's own Return-on-Tangible-Equity has ranged from 9.42 to 14.57 over the past decade. While the company's 10-year median is 9.42 vs. the industry median of 7.62, Markbass 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 Travel & Leisure company?
The median Return-on-Tangible-Equity among Travel & Leisure companies is 7.62, based on 794 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. Markbass SpA's current Return-on-Tangible-Equity of 16.01% is 110.2% 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 Markbass SpA and its competitors. For the Travel & Leisure industry, the median Return-on-Tangible-Equity is 7.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Markbass SpA's current Return-on-Tangible-Equity is 16.01%, which is 70% above median its own 10-year median of 9.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Markbass SpA stock overvalued right now?
Markbass SpA (MIL:MARK) has a current Return-on-Tangible-Equity of 16.01%. The current Return-on-Tangible-Equity is 16.01%, which is 70% above median its 10-year median of 9.42 and 110.2% above the Travel & Leisure industry median of 7.62. Markbass SpA's overall GF Score™ is 17/100 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 Markbass SpA (MIL:MARK), the current Return-on-Tangible-Equity is 16.01% 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.
Markbass SpA is engaged in producing and selling bass and guitar amplifiers, audio equipment, musical instruments, and related accessories. The company manages several brands, including Markbass, DVMark, and Blackline, offering a different products to musicians.
17GF Score
Get the complete analysis for MIL:MARK
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:MARK has been successfully added to your 