Reway Group SpAMIL:RWY 62 Return-on-Tangible-Equity is 43.45% as of Dec. 2025, which is 50% below its 10-year median of 86.83. GuruFocus rates MIL:RWY with a GF Score™ of 62/100 and a GF Value™ of €10.70 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,703 Construction companies, Reway Group SpA ranks better than 90.96% 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. Reway Group SpA's annualized net income for the quarter that ended in Dec. 2025 was €18.1 Mil. Reway Group SpA's average shareholder tangible equity for the quarter that ended in Dec. 2025 was €41.7 Mil. Therefore, Reway Group SpA's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 43.45%.
The historical rank and industry rank for Reway Group SpA's Return-on-Tangible-Equity or its related term are showing as below:
MIL:RWY'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 59.73 Med: 86.83 Max: 114.85
Current: 59.73
During the past 5 years, Reway Group SpA's highest Return-on-Tangible-Equity was 114.85%. The lowest was 59.73%. And the median was 86.83%.
MIL:RWY's Return-on-Tangible-Equity is ranked better than 90.96% of 1703
companies
in the Construction industry
Industry Median: 8.23
vs MIL:RWY: 59.73
Reway Group SpA (MIL:RWY) 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.
Reway Group SpA Return-on-Tangible-Equity Related Terms
Reway Group SpA Return-on-Tangible-Equity Historical Data
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The historical data trend for Reway Group 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.
Reway Group SpA Return-on-Tangible-Equity Competitor Comparison
For the Infrastructure Operations subindustry, Reway Group 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.
Reway Group SpA Return-on-Tangible-Equity vs Construction Industry
For the Construction industry and Industrials sector, Reway Group SpA's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Reway Group 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 43.45% mean?
Reway Group SpA (MIL:RWY) has a Return-on-Tangible-Equity of 43.45% 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 Reway Group SpA and its competitors. This is 50% below median its historical median of 86.83. Over the past decade, Reway Group SpA's Return-on-Tangible-Equity has ranged from 59.73 to 114.85. According to the industry distribution chart, Reway Group SpA ranks #154 out of 1703 companies in the Construction industry, placing it in the top 9%.
Is Reway Group SpA's Return-on-Tangible-Equity too high?
Reway Group SpA's current Return-on-Tangible-Equity of 43.45% is 50% below median its 10-year median of 86.83. Over the past 10 years, this metric has ranged from a low of 59.73 to a high of 114.85. The Construction industry median Return-on-Tangible-Equity is 8.23. Reway Group SpA's value of 43.45% is 427.9% above this industry median. Based on the distribution chart, Reway Group SpA ranks #154 out of 1703 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Reway Group SpA has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Reway Group SpA's Return-on-Tangible-Equity compare to competitors?
According to the Construction industry distribution chart, Reway Group SpA ranks #154 out of 1703 companies for Return-on-Tangible-Equity. This places Reway Group SpA in the top 9% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 8.23. Reway Group SpA's value of 43.45% is 427.9% above this benchmark. Historically, Reway Group SpA's own Return-on-Tangible-Equity has ranged from 59.73 to 114.85 over the past decade. While the company's 10-year median is 86.83 vs. the industry median of 8.23, Reway Group 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 Construction company?
The median Return-on-Tangible-Equity among Construction companies is 8.23, based on 1,703 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. Reway Group SpA's current Return-on-Tangible-Equity of 43.45% is 427.9% 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 Reway Group SpA and its competitors. For the Construction industry, the median Return-on-Tangible-Equity is 8.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Reway Group SpA's current Return-on-Tangible-Equity is 43.45%, which is 50% below median its own 10-year median of 86.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Reway Group SpA stock overvalued right now?
Based on GuruFocus' analysis, Reway Group SpA (MIL:RWY) is currently considered Fairly Valued. The stock's GF Value™ is €10.70, compared to a current price of €10.00 — trading 6.5% below its estimated fair value. The current Return-on-Tangible-Equity is 43.45%, which is 50% below median its 10-year median of 86.83 and 427.9% above the Construction industry median of 8.23. Reway Group SpA's overall GF Score™ is 62/100 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 Reway Group SpA (MIL:RWY), the current Return-on-Tangible-Equity is 43.45% 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 Reway Group SpA (MIL:RWY) Overvalued in 2026?
Based on GuruFocus' analysis, Reway Group SpA stock appears to be undervalued.
The current stock price of €10.00 is trading 6.5% below its estimated GF Value™ of €10.70.
GuruFocus considers Reway Group SpA to be Fairly Valued.
Key valuation signals for MIL:RWY:
Return-on-Tangible-Equity: 43.45% (50% below median its 10-year median of 86.83)
GF Value™: €10.70 vs. price of €10.00 (6.5% below fair value)
Industry Position: 427.9% above the Construction median (#154 of 1703)
No single metric tells the full story. See the MIL:RWY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Reway Group SpA is engaged in the preservation and restoration of the infrastructure. The company deal with the Hydrodemolition of concrete, Mechanical milling, Injections, Steel and aluminum coatings, Waterproofing, Special restoration mortars, Painting, Construction of drains, Construction of nailing, and Lighting coating.
62GF Score
Get the complete analysis for MIL:RWY
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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