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Technical Publications Service SpAMIL:TPS 94 Return-on-Tangible-Equity is 15.23% as of Dec. 2025, which is 12% below its 10-year median of 17.37. GuruFocus rates MIL:TPS with a GF Score™ of 94/100 and a GF Value™ of €7.25 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 978 Transportation companies, Technical Publications Service SpA ranks better than 69.43% on this metric.
The historical rank and industry rank for Technical Publications Service SpA's Return-on-Tangible-Equity or its related term are showing as below:
MIL:TPS'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 10.12 Med: 17.37 Max: 126.58
Current: 14.87
During the past 11 years, Technical Publications Service SpA's highest Return-on-Tangible-Equity was 126.58%. The lowest was 10.12%. And the median was 17.37%.
MIL:TPS's Return-on-Tangible-Equity is ranked better than 69.43% of 978
companies
in the Transportation industry
Industry Median: 8.995
vs MIL:TPS: 14.87
Technical Publications Service SpA (MIL:TPS) 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.
Technical Publications Service SpA Return-on-Tangible-Equity Related Terms
Technical Publications Service SpA Return-on-Tangible-Equity Historical Data
* 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.
Technical Publications Service SpA Return-on-Tangible-Equity Chart
MIL:TPS vs JOBY, CAAP: Return-on-Tangible-Equity Comparison
For the Airports & Air Services subindustry, Technical Publications Service 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.
Technical Publications Service SpA Return-on-Tangible-Equity vs Transportation Industry
For the Transportation industry and Industrials sector, Technical Publications Service SpA's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Technical Publications Service 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 15.23% mean?
Technical Publications Service SpA (MIL:TPS) has a Return-on-Tangible-Equity of 15.23% 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 Technical Publications Service SpA and its competitors. This is 12% below median its historical median of 17.37. Over the past decade, Technical Publications Service SpA's Return-on-Tangible-Equity has ranged from 10.12 to 126.58. According to the industry distribution chart, Technical Publications Service SpA ranks #299 out of 978 companies in the Transportation industry, placing it in the top 30.6%.
Is Technical Publications Service SpA's Return-on-Tangible-Equity too high?
Technical Publications Service SpA's current Return-on-Tangible-Equity of 15.23% is 12% below median its 10-year median of 17.37. Over the past 10 years, this metric has ranged from a low of 10.12 to a high of 126.58. The Transportation industry median Return-on-Tangible-Equity is 9.00. Technical Publications Service SpA's value of 15.23% is 69.3% above this industry median. Based on the distribution chart, Technical Publications Service SpA ranks #299 out of 978 companies in the Transportation industry, which is above the industry midpoint. Overall, Technical Publications Service SpA has a GF Score™ of 94/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Technical Publications Service SpA's Return-on-Tangible-Equity compare to JOBY and CAAP?
According to the Transportation industry distribution chart, Technical Publications Service SpA ranks #299 out of 978 companies for Return-on-Tangible-Equity. This puts Technical Publications Service SpA in the upper half of its industry. The industry median Return-on-Tangible-Equity is 9.00. Technical Publications Service SpA's value of 15.23% is 69.3% above this benchmark. Historically, Technical Publications Service SpA's own Return-on-Tangible-Equity has ranged from 10.12 to 126.58 over the past decade. While the company's 10-year median is 17.37 vs. the industry median of 9.00, Technical Publications Service 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 Transportation company?
The median Return-on-Tangible-Equity among Transportation companies is 9.00, based on 978 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. Technical Publications Service SpA's current Return-on-Tangible-Equity of 15.23% is 69.3% 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 Technical Publications Service SpA and its competitors. For the Transportation industry, the median Return-on-Tangible-Equity is 9.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Technical Publications Service SpA's current Return-on-Tangible-Equity is 15.23%, which is 12% below median its own 10-year median of 17.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Technical Publications Service SpA stock overvalued right now?
Based on GuruFocus' analysis, Technical Publications Service SpA (MIL:TPS) is currently considered Modestly Overvalued. The stock's GF Value™ is €7.25, compared to a current price of €8.45 — trading 16.6% above its estimated fair value. The current Return-on-Tangible-Equity is 15.23%, which is 12% below median its 10-year median of 17.37 and 69.3% above the Transportation industry median of 9.00. Technical Publications Service SpA's overall GF Score™ is 94/100 with 5 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 Technical Publications Service SpA (MIL:TPS), the current Return-on-Tangible-Equity is 15.23% 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 Technical Publications Service SpA (MIL:TPS) Overvalued in 2026?
Based on GuruFocus' analysis, Technical Publications Service SpA stock appears to be overvalued.
The current stock price of €8.45 is trading 16.6% above its estimated GF Value™ of €7.25.
GuruFocus considers Technical Publications Service SpA to be Modestly Overvalued.
Key valuation signals for MIL:TPS:
Return-on-Tangible-Equity: 15.23% (12% below median its 10-year median of 17.37)
GF Value™: €7.25 vs. price of €8.45 (16.6% above fair value)
Industry Position: 69.3% above the Transportation median (#299 of 978)
No single metric tells the full story. See the MIL:TPS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Technical Publications Service SpA Business Description
Technical Publications Service SpA provides technical publications services to the aerospace industry. The company creates logistical support, use and maintenance manuals, spare parts catalogs, after-sales support documents, etc.
94GF Score
Get the complete analysis for MIL:TPS
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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