OVS SpAMIL:OVS +0.80%64 Return-on-Tangible-Equity is Negative Tangible Equity% as of Jan. 2026. GuruFocus rates MIL:OVS with a GF Score™ of 64/100 and a GF Value™ of €3.41 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,011 Manufacturing - Apparel & Accessories companies, OVS SpA ranks better than 99.9% 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. OVS SpA's annualized net income for the quarter that ended in Jan. 2026 was €64 Mil. OVS SpA's average shareholder tangible equity for the quarter that ended in Jan. 2026 was €-21 Mil. Therefore, OVS SpA's annualized Return-on-Tangible-Equity for the quarter that ended in Jan. 2026 was Negative Tangible Equity%.
The historical rank and industry rank for OVS SpA's Return-on-Tangible-Equity or its related term are showing as below:
MIL:OVS'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 451.76 Med: 570.27 Max: 788.69
Current: Negative Tangible Equity
During the past 13 years, OVS SpA's highest Return-on-Tangible-Equity was 788.69%. The lowest was 451.76%. And the median was 570.27%.
MIL:OVS's Return-on-Tangible-Equity is ranked better than 99.9% of 1011
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.43
vs MIL:OVS: Negative Tangible Equity
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.
OVS SpA Return-on-Tangible-Equity Related Terms
OVS SpA Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for OVS 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:OVS vs RL, LEVI, VFC: Return-on-Tangible-Equity Comparison
For the Apparel Manufacturing subindustry, OVS 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.
OVS SpA Return-on-Tangible-Equity vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, OVS SpA's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where OVS 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 (Jan. 2026) 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?
OVS SpA (MIL:OVS) has a Return-on-Tangible-Equity of Negative Tangible Equity% as of Jan. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on OVS SpA and its competitors. Over the past decade, OVS SpA's Return-on-Tangible-Equity has ranged from 451.76 to 788.69. According to the industry distribution chart, OVS SpA ranks #1 out of 1011 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 0.099999999999994%.
Is OVS SpA's Return-on-Tangible-Equity too high?
OVS SpA's current Return-on-Tangible-Equity is Negative Tangible Equity%. Over the past 10 years, this metric has ranged from a low of 451.76 to a high of 788.69. Based on the distribution chart, OVS SpA ranks #1 out of 1011 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, OVS SpA has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does OVS SpA's Return-on-Tangible-Equity compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, OVS SpA ranks #1 out of 1011 companies for Return-on-Tangible-Equity. This places OVS SpA in the top 0% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 4.43. Historically, OVS SpA's own Return-on-Tangible-Equity has ranged from 451.76 to 788.69 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 Manufacturing - Apparel & Accessories company?
The median Return-on-Tangible-Equity among Manufacturing - Apparel & Accessories companies is 4.43, based on 1,011 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 OVS SpA and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Equity is 4.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. OVS 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 OVS SpA stock overvalued right now?
Based on GuruFocus' analysis, OVS SpA (MIL:OVS) is currently considered Significantly Overvalued. The stock's GF Value™ is €3.41, compared to a current price of €6.28 — trading 84% above its estimated fair value. The current Return-on-Tangible-Equity is Negative Tangible Equity%. OVS SpA's overall GF Score™ is 64/100 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 OVS SpA (MIL:OVS), the current Return-on-Tangible-Equity is Negative Tangible Equity% as of Jan. 2026. 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 OVS SpA (MIL:OVS) Overvalued in 2026?
Based on GuruFocus' analysis, OVS SpA stock appears to be overvalued.
The current stock price of €6.28 is trading 84% above its estimated GF Value™ of €3.41.
GuruFocus considers OVS SpA to be Significantly Overvalued.
No single metric tells the full story. See the MIL:OVS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
OVS SpA is an Italian fashion retailer. The company develops and markets menswear, womenswear and children's wear. Its operating segment includes OVS, UPIM and Sempione Fashion. OVS segment offers stylish and high-quality clothing at competitive prices focusing on the latest trends and fashion. Its UPIM segment offers women's, men's and children's clothing products, homeware and fragrance, The company generates maximum revenue from the OVS segment. Geographically, it has a presence in Italy, Bangladesh, China, Hong Kong, India, Pakistan, Turkey, Spain, Croatia, and Serbia.
64GF Score
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