Meglioquesto SpA (MIL:MQSPA) Return-on-Tangible-Equity: 0.00% (As of Jun. 2023)

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MIL:MQSPA Meglioquesto SpA MIL:MQSPA
20 GF Score
Price €0.22
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What is Meglioquesto SpA Return-on-Tangible-Equity?

Meglioquesto SpA MIL:MQSPA 20 Return-on-Tangible-Equity is 0.00% as of Jun. 2023. GuruFocus rates MIL:MQSPA with a GF Score™ of 20/100.

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. Meglioquesto SpA's annualized net income for the quarter that ended in Jun. 2023 was €-18.68 Mil. Meglioquesto SpA's average shareholder tangible equity for the quarter that ended in Jun. 2023 was €-28.27 Mil. Therefore, Meglioquesto SpA's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2023 was N/A%.

The historical rank and industry rank for Meglioquesto SpA's Return-on-Tangible-Equity or its related term are showing as below:

MIL:MQSPA's Return-on-Tangible-Equity is not ranked *
in the Interactive Media industry.
Industry Median: 5.775
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Meglioquesto SpA  (MIL:MQSPA) 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.


Meglioquesto SpA Return-on-Tangible-Equity Related Terms


Meglioquesto SpA Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Meglioquesto 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.

Meglioquesto SpA Return-on-Tangible-Equity Chart

Meglioquesto SpA Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Return-on-Tangible-Equity
Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity

Meglioquesto SpA Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Return-on-Tangible-Equity Get a 7-Day Free Trial 72.74 85.12 Negative Tangible Equity Negative Tangible Equity 0.00

MIL:MQSPA vs GOOGL, META, BIDU: Return-on-Tangible-Equity Comparison

For the Internet Content & Information subindustry, Meglioquesto 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.


Meglioquesto SpA Return-on-Tangible-Equity vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Meglioquesto SpA's Return-on-Tangible-Equity distribution charts can be found below:

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


MIL:MQSPA
20GF Score
Meglioquesto SpA MIL:MQSPA
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Meglioquesto SpA Return-on-Tangible-Equity Calculation

Meglioquesto SpA's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2022 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=2.058/( (-0.302+-30.56 )/ 2 )
=2.058/-15.431
=Negative Tangible Equity %

Meglioquesto SpA's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2023 )  (Q: Dec. 2022 )(Q: Jun. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2023 )  (Q: Dec. 2022 )(Q: Jun. 2023 )
=-18.68/( (-30.56+-25.983)/ 2 )
=-18.68/-28.2715
=N/A %

* 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. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 0.00% mean?
Meglioquesto SpA (MIL:MQSPA) has a Return-on-Tangible-Equity of 0.00% as of Jun. 2023. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Meglioquesto SpA and its competitors.
Is Meglioquesto SpA's Return-on-Tangible-Equity too high?
Meglioquesto SpA's current Return-on-Tangible-Equity is 0.00%. Overall, Meglioquesto SpA has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Meglioquesto SpA's Return-on-Tangible-Equity compare to GOOGL and META?
Meglioquesto SpA's Return-on-Tangible-Equity of 0.00% can be compared against companies in the Interactive Media industry. The industry median Return-on-Tangible-Equity is 5.78. 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 an Interactive Media company?
The median Return-on-Tangible-Equity among Interactive Media companies is 5.78, based on 490 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 Meglioquesto SpA and its competitors. For the Interactive Media industry, the median Return-on-Tangible-Equity is 5.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Meglioquesto SpA's current Return-on-Tangible-Equity is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meglioquesto SpA stock overvalued right now?
Meglioquesto SpA (MIL:MQSPA) has a current Return-on-Tangible-Equity of 0.00%. The current Return-on-Tangible-Equity is 0.00%. Meglioquesto SpA's overall GF Score™ is 20/100. 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 Meglioquesto SpA (MIL:MQSPA), the current Return-on-Tangible-Equity is 0.00% as of Jun. 2023. 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.

Meglioquesto SpA Business Description

Address Via Tucidide, 56, Milano, ITA, 20134
Meglioquesto SpA is a portal that provides professional, personal and free assistance and offers a solution or service in line with requests, in total transparency. It constantly analyzes and compares offers and services to give the best customized solutions.
20GF Score

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

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