Reti SpAMIL:RETI 67 Return-on-Tangible-Equity is 14.34% as of Dec. 2025, which is 9% below its 10-year median of 15.80. GuruFocus rates MIL:RETI with a GF Score™ of 67/100 and a GF Value™ of €2.24 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 2,467 Software companies, Reti SpA ranks better than 61.82% 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. Reti SpA's annualized net income for the quarter that ended in Dec. 2025 was €1.33 Mil. Reti SpA's average shareholder tangible equity for the quarter that ended in Dec. 2025 was €9.29 Mil. Therefore, Reti SpA's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 14.34%.
The historical rank and industry rank for Reti SpA's Return-on-Tangible-Equity or its related term are showing as below:
MIL:RETI'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 13.31 Med: 15.8 Max: 18.32
Current: 15.68
During the past 8 years, Reti SpA's highest Return-on-Tangible-Equity was 18.32%. The lowest was 13.31%. And the median was 15.80%.
MIL:RETI's Return-on-Tangible-Equity is ranked better than 61.82% of 2467
companies
in the Software industry
Industry Median: 8.82
vs MIL:RETI: 15.68
Reti SpA (MIL:RETI) 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.
Reti SpA Return-on-Tangible-Equity Related Terms
Reti SpA Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Reti 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:RETI vs IBM, ACN, FISV: Return-on-Tangible-Equity Comparison
For the Information Technology Services subindustry, Reti 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.
Reti SpA Return-on-Tangible-Equity vs Software Industry
For the Software industry and Technology sector, Reti SpA's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Reti 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 14.34% mean?
Reti SpA (MIL:RETI) has a Return-on-Tangible-Equity of 14.34% 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 Reti SpA and its competitors. This is near median its historical median of 15.80. Over the past decade, Reti SpA's Return-on-Tangible-Equity has ranged from 13.31 to 18.32. According to the industry distribution chart, Reti SpA ranks #942 out of 2467 companies in the Software industry, placing it in the top 38.2%.
Is Reti SpA's Return-on-Tangible-Equity too high?
Reti SpA's current Return-on-Tangible-Equity of 14.34% is near median its 10-year median of 15.80. Over the past 10 years, this metric has ranged from a low of 13.31 to a high of 18.32. The Software industry median Return-on-Tangible-Equity is 8.82. Reti SpA's value of 14.34% is 62.6% above this industry median. Based on the distribution chart, Reti SpA ranks #942 out of 2467 companies in the Software industry, which is above the industry midpoint. Overall, Reti SpA has a GF Score™ of 67/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Reti SpA's Return-on-Tangible-Equity compare to IBM and ACN?
According to the Software industry distribution chart, Reti SpA ranks #942 out of 2467 companies for Return-on-Tangible-Equity. This puts Reti SpA in the upper half of its industry. The industry median Return-on-Tangible-Equity is 8.82. Reti SpA's value of 14.34% is 62.6% above this benchmark. Historically, Reti SpA's own Return-on-Tangible-Equity has ranged from 13.31 to 18.32 over the past decade. While the company's 10-year median is 15.80 vs. the industry median of 8.82, Reti 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 a Software company?
The median Return-on-Tangible-Equity among Software companies is 8.82, based on 2,467 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. Reti SpA's current Return-on-Tangible-Equity of 14.34% is 62.6% 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 Reti SpA and its competitors. For the Software industry, the median Return-on-Tangible-Equity is 8.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Reti SpA's current Return-on-Tangible-Equity is 14.34%, which is near median its own 10-year median of 15.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Reti SpA stock overvalued right now?
Based on GuruFocus' analysis, Reti SpA (MIL:RETI) is currently considered Possible Value Trap. The stock's GF Value™ is €2.24, compared to a current price of €1.54 — trading 31.3% below its estimated fair value. The current Return-on-Tangible-Equity is 14.34%, which is near median its 10-year median of 15.80 and 62.6% above the Software industry median of 8.82. Reti SpA's overall GF Score™ is 67/100 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 Reti SpA (MIL:RETI), the current Return-on-Tangible-Equity is 14.34% 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 Reti SpA (MIL:RETI) Overvalued in 2026?
Based on GuruFocus' analysis, Reti SpA stock appears to be undervalued.
The current stock price of €1.54 is trading 31.3% below its estimated GF Value™ of €2.24.
GuruFocus considers Reti SpA to be Possible Value Trap.
Key valuation signals for MIL:RETI:
Return-on-Tangible-Equity: 14.34% (near median its 10-year median of 15.80)
GF Value™: €2.24 vs. price of €1.54 (31.3% below fair value)
Industry Position: 62.6% above the Software median (#942 of 2467)
No single metric tells the full story. See the MIL:RETI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Reti SpA operates in the IT consulting field, specializing in System Integration services. It supports mid and large corporates in digital transformation by offering IT solutions, business consulting, and managed service provider services. The various services provided by the company include; the integration of AI into existing business processes, designing and implementing solutions for business data analysis, executing cloud migration and development projects, management and maintenance of IT infrastructures and applications, providing consultancy in project management and business analyst fields, and others. Geographically, the company generates all of its revenue from its business in Italy.
67GF Score
Get the complete analysis for MIL:RETI
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MIL:RETI has been successfully added to your 
