Esprinet SpAMIL:PRT +1.05%66 Return-on-Tangible-Equity is 4.41% as of Mar. 2026, which is 56% below its 10-year median of 10.07. GuruFocus rates MIL:PRT with a GF Score™ of 66/100 and a GF Value™ of €5.79 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 2,380 Hardware companies, Esprinet SpA ranks better than 62.77% 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. Esprinet SpA's annualized net income for the quarter that ended in Mar. 2026 was €11 Mil. Esprinet SpA's average shareholder tangible equity for the quarter that ended in Mar. 2026 was €257 Mil. Therefore, Esprinet SpA's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 4.41%.
The historical rank and industry rank for Esprinet SpA's Return-on-Tangible-Equity or its related term are showing as below:
MIL:PRT'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -4.49 Med: 10.07 Max: 16.77
Current: 8.81
During the past 13 years, Esprinet SpA's highest Return-on-Tangible-Equity was 16.77%. The lowest was -4.49%. And the median was 10.07%.
MIL:PRT's Return-on-Tangible-Equity is ranked better than 62.77% of 2380
companies
in the Hardware industry
Industry Median: 5.25
vs MIL:PRT: 8.81
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.
Esprinet SpA Return-on-Tangible-Equity Related Terms
Esprinet SpA Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Esprinet 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:PRT vs SNX, ARW, AVT: Return-on-Tangible-Equity Comparison
For the Electronics & Computer Distribution subindustry, Esprinet 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.
Esprinet SpA Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Esprinet SpA's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Esprinet 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 four times the quarterly (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 4.41% mean?
Esprinet SpA (MIL:PRT) has a Return-on-Tangible-Equity of 4.41% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Esprinet SpA and its competitors. This is 56% below median its historical median of 10.07. According to the industry distribution chart, Esprinet SpA ranks #886 out of 2380 companies in the Hardware industry, placing it in the top 37.2%.
Is Esprinet SpA's Return-on-Tangible-Equity too high?
Esprinet SpA's current Return-on-Tangible-Equity of 4.41% is 56% below median its 10-year median of 10.07. The Hardware industry median Return-on-Tangible-Equity is 5.25. Esprinet SpA's value of 4.41% is 16% below this industry median. Based on the distribution chart, Esprinet SpA ranks #886 out of 2380 companies in the Hardware industry, which is above the industry midpoint. Overall, Esprinet SpA has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Esprinet SpA's Return-on-Tangible-Equity compare to SNX and ARW?
According to the Hardware industry distribution chart, Esprinet SpA ranks #886 out of 2380 companies for Return-on-Tangible-Equity. This puts Esprinet SpA in the upper half of its industry. The industry median Return-on-Tangible-Equity is 5.25. Esprinet SpA's value of 4.41% is 16% below this benchmark. While the company's 10-year median is 10.07 vs. the industry median of 5.25, Esprinet SpA has consistently been below 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 Hardware company?
The median Return-on-Tangible-Equity among Hardware companies is 5.25, based on 2,380 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. Esprinet SpA's current Return-on-Tangible-Equity of 4.41% is 16% below 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 Esprinet SpA and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Esprinet SpA's current Return-on-Tangible-Equity is 4.41%, which is 56% below median its own 10-year median of 10.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Esprinet SpA stock overvalued right now?
Based on GuruFocus' analysis, Esprinet SpA (MIL:PRT) is currently considered Modestly Overvalued. The stock's GF Value™ is €5.79, compared to a current price of €6.72 — trading 16% above its estimated fair value. The current Return-on-Tangible-Equity is 4.41%, which is 56% below median its 10-year median of 10.07 and 16% below the Hardware industry median of 5.25. Esprinet SpA's overall GF Score™ is 66/100 with 8 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 Esprinet SpA (MIL:PRT), the current Return-on-Tangible-Equity is 4.41% as of Mar. 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 Esprinet SpA (MIL:PRT) Overvalued in 2026?
Based on GuruFocus' analysis, Esprinet SpA stock appears to be overvalued.
The current stock price of €6.72 is trading 16% above its estimated GF Value™ of €5.79.
GuruFocus considers Esprinet SpA to be Modestly Overvalued.
Key valuation signals for MIL:PRT:
Return-on-Tangible-Equity: 4.41% (56% below median its 10-year median of 10.07)
GF Value™: €5.79 vs. price of €6.72 (16% above fair value)
Industry Position: 16% below the Hardware median (#886 of 2380)
No single metric tells the full story. See the MIL:PRT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Esprinet SpA is engaged in the wholesale distribution of IT and consumer electronics in Italy and Spain. It's especially focused on delivering technology to resellers, mainly addressing the small-to-midsize businesses (SMB). The main activity is the wholesale distribution of IT products (hardware, software, and services) and consumer electronics, aimed at retailers oriented towards both consumer and business end-users. The company operates in Europe from Italy, Spain, Portugal, the Netherlands, and Ireland, and outside Europe, from Morocco, in the business-to-business (B2B) distribution of Information Technology (IT) and consumer electronics.
66GF Score
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