Redelfi SpAMIL:RDF 41 Return-on-Tangible-Equity is 25.39% as of Dec. 2025, which is 63% below its 10-year median of 67.99. GuruFocus rates MIL:RDF with a GF Score™ of 41/100 and a GF Value™ of €2.23 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 426 Utilities - Independent Power Producers companies, Redelfi SpA ranks better than 93.66% 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. Redelfi SpA's annualized net income for the quarter that ended in Dec. 2025 was €3.35 Mil. Redelfi SpA's average shareholder tangible equity for the quarter that ended in Dec. 2025 was €13.19 Mil. Therefore, Redelfi SpA's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 25.39%.
The historical rank and industry rank for Redelfi SpA's Return-on-Tangible-Equity or its related term are showing as below:
MIL:RDF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 5.46 Med: 67.99 Max: 93.76
Current: 57.85
During the past 5 years, Redelfi SpA's highest Return-on-Tangible-Equity was 93.76%. The lowest was 5.46%. And the median was 67.99%.
MIL:RDF's Return-on-Tangible-Equity is ranked better than 93.66% of 426
companies
in the Utilities - Independent Power Producers industry
Industry Median: 4.745
vs MIL:RDF: 57.85
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.
Redelfi SpA Return-on-Tangible-Equity Related Terms
Redelfi SpA Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Redelfi 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.
For the Utilities - Renewable subindustry, Redelfi 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.
Redelfi SpA Return-on-Tangible-Equity vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Redelfi SpA's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Redelfi 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 25.39% mean?
Redelfi SpA (MIL:RDF) has a Return-on-Tangible-Equity of 25.39% 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 Redelfi SpA and its competitors. This is 63% below median its historical median of 67.99. Over the past decade, Redelfi SpA's Return-on-Tangible-Equity has ranged from 5.46 to 93.76. According to the industry distribution chart, Redelfi SpA ranks #27 out of 426 companies in the Utilities - Independent Power Producers industry, placing it in the top 6.3%.
Is Redelfi SpA's Return-on-Tangible-Equity too high?
Redelfi SpA's current Return-on-Tangible-Equity of 25.39% is 63% below median its 10-year median of 67.99. Over the past 10 years, this metric has ranged from a low of 5.46 to a high of 93.76. The Utilities - Independent Power Producers industry median Return-on-Tangible-Equity is 4.75. Redelfi SpA's value of 25.39% is 435.1% above this industry median. Based on the distribution chart, Redelfi SpA ranks #27 out of 426 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Redelfi SpA has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Redelfi SpA's Return-on-Tangible-Equity compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Redelfi SpA ranks #27 out of 426 companies for Return-on-Tangible-Equity. This places Redelfi SpA in the top 6% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 4.75. Redelfi SpA's value of 25.39% is 435.1% above this benchmark. Historically, Redelfi SpA's own Return-on-Tangible-Equity has ranged from 5.46 to 93.76 over the past decade. While the company's 10-year median is 67.99 vs. the industry median of 4.75, Redelfi 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 an Utilities - Independent Power Producers company?
The median Return-on-Tangible-Equity among Utilities - Independent Power Producers companies is 4.75, based on 426 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. Redelfi SpA's current Return-on-Tangible-Equity of 25.39% is 435.1% 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 Redelfi SpA and its competitors. For the Utilities - Independent Power Producers industry, the median Return-on-Tangible-Equity is 4.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Redelfi SpA's current Return-on-Tangible-Equity is 25.39%, which is 63% below median its own 10-year median of 67.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Redelfi SpA stock overvalued right now?
Based on GuruFocus' analysis, Redelfi SpA (MIL:RDF) is currently considered Significantly Overvalued. The stock's GF Value™ is €2.23, compared to a current price of €11.10 — trading 397.8% above its estimated fair value. The current Return-on-Tangible-Equity is 25.39%, which is 63% below median its 10-year median of 67.99 and 435.1% above the Utilities - Independent Power Producers industry median of 4.75. Redelfi SpA's overall GF Score™ is 41/100 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 Redelfi SpA (MIL:RDF), the current Return-on-Tangible-Equity is 25.39% 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 Redelfi SpA (MIL:RDF) Overvalued in 2026?
Based on GuruFocus' analysis, Redelfi SpA stock appears to be overvalued.
The current stock price of €11.10 is trading 397.8% above its estimated GF Value™ of €2.23.
GuruFocus considers Redelfi SpA to be Significantly Overvalued.
Key valuation signals for MIL:RDF:
Return-on-Tangible-Equity: 25.39% (63% below median its 10-year median of 67.99)
GF Value™: €2.23 vs. price of €11.10 (397.8% above fair value)
Industry Position: 435.1% above the Utilities - Independent Power Producers median (#27 of 426)
No single metric tells the full story. See the MIL:RDF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Redelfi SpA operates as an industrial ESG management company. It specializes in the deployment of technological solutions related to the digital and ecological transition. The company's different business units are; Green which is engaged in the installation of renewable energy infrastructures (solar, wind, and hydroelectric), solar parks, mini hydroelectric power plants, energy storage parks, etc; MarTech which is oriented towards product and process innovation related to the IT market; and GreenTech which is engaged in the development of digital solutions (blockchain, crypto-currencies, etc.) for environmental projects such as reduction of CO2 emissions, fight against climate change, reforestation, etc.
41GF 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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