Impianti SpAMIL:MPT 50 Return-on-Tangible-Equity is 214.68% as of Dec. 2025. GuruFocus rates MIL:MPT with a GF Score™ of 50/100 and a GF Value™ of €0.75 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 2,470 Software companies, Impianti SpA ranks worse than 67.25% 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. Impianti SpA's annualized net income for the quarter that ended in Dec. 2025 was €0.75 Mil. Impianti SpA's average shareholder tangible equity for the quarter that ended in Dec. 2025 was €0.35 Mil. Therefore, Impianti SpA's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 214.68%.
The historical rank and industry rank for Impianti SpA's Return-on-Tangible-Equity or its related term are showing as below:
MIL:MPT'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -101.94 Med: -2.21 Max: 87.77
Current: 0.2
During the past 6 years, Impianti SpA's highest Return-on-Tangible-Equity was 87.77%. The lowest was -101.94%. And the median was -2.21%.
MIL:MPT's Return-on-Tangible-Equity is ranked worse than 67.25% of 2470
companies
in the Software industry
Industry Median: 8.775
vs MIL:MPT: 0.20
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.
Impianti SpA Return-on-Tangible-Equity Related Terms
Impianti SpA Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Impianti 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:MPT vs IBM, ACN, FISV: Return-on-Tangible-Equity Comparison
For the Information Technology Services subindustry, Impianti 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.
Impianti SpA Return-on-Tangible-Equity vs Software Industry
For the Software industry and Technology sector, Impianti SpA's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Impianti 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 214.68% mean?
Impianti SpA (MIL:MPT) has a Return-on-Tangible-Equity of 214.68% 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 Impianti SpA and its competitors. According to the industry distribution chart, Impianti SpA ranks #1661 out of 2470 companies in the Software industry, placing it in the top 67.2%.
Is Impianti SpA's Return-on-Tangible-Equity too high?
Impianti SpA's current Return-on-Tangible-Equity is 214.68%. The Software industry median Return-on-Tangible-Equity is 8.78. Impianti SpA's value of 214.68% is 2346.5% above this industry median. Based on the distribution chart, Impianti SpA ranks #1661 out of 2470 companies in the Software industry, which is below the industry midpoint. Overall, Impianti SpA has a GF Score™ of 50/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Impianti SpA's Return-on-Tangible-Equity compare to IBM and ACN?
According to the Software industry distribution chart, Impianti SpA ranks #1661 out of 2470 companies for Return-on-Tangible-Equity. This places Impianti SpA in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.78. Impianti SpA's value of 214.68% is 2346.5% above this benchmark. 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 Software company?
The median Return-on-Tangible-Equity among Software companies is 8.78, based on 2,470 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. Impianti SpA's current Return-on-Tangible-Equity of 214.68% is 2346.5% 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 Impianti SpA and its competitors. For the Software industry, the median Return-on-Tangible-Equity is 8.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Impianti SpA's current Return-on-Tangible-Equity is 214.68%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Impianti SpA stock overvalued right now?
Based on GuruFocus' analysis, Impianti SpA (MIL:MPT) is currently considered Modestly Overvalued. The stock's GF Value™ is €0.75, compared to a current price of €0.97 — trading 29.1% above its estimated fair value. The current Return-on-Tangible-Equity is 214.68% and 2346.5% above the Software industry median of 8.78. Impianti SpA's overall GF Score™ is 50/100 with 3 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 Impianti SpA (MIL:MPT), the current Return-on-Tangible-Equity is 214.68% 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 Impianti SpA (MIL:MPT) Overvalued in 2026?
Based on GuruFocus' analysis, Impianti SpA stock appears to be overvalued.
The current stock price of €0.97 is trading 29.1% above its estimated GF Value™ of €0.75.
GuruFocus considers Impianti SpA to be Modestly Overvalued.
Key valuation signals for MIL:MPT:
Return-on-Tangible-Equity: 214.68%
GF Value™: €0.75 vs. price of €0.97 (29.1% above fair value)
Industry Position: 2346.5% above the Software median (#1661 of 2470)
No single metric tells the full story. See the MIL:MPT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Impianti SpA operates as an infrastructural System Integrator. It provides information, communication technology, audio, and video system integrating services. Its portfolio of solutions and services is in the fields of ICT/AV, UCC, SD-Wan & Mobile Data Solutions, Mobile & Rugged Devices, Cyber Security, IoT, Data Centers, and Cabling Systems, as well as in the ecosystem areas in relation to the three video communication brands, such as Microsoft Teams, Zoom, and Google Meet.
50GF Score
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