B&C Speakers SpAMIL:BEC +0.44%71 ROA % is 14.89% as of Mar. 2026, which is 12% below its 10-year median of 16.93. GuruFocus rates MIL:BEC with a GF Score™ of 71/100 and a GF Value™ of €16.94 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 2,498 Hardware companies, B&C Speakers SpA ranks better than 89.63% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. B&C Speakers SpA's annualizedNet Income for the quarter that ended in Mar. 2026 was €13.84 Mil.
B&C Speakers SpA's average Total Assets over the quarter that ended in Mar. 2026 was €92.99 Mil. Therefore, B&C Speakers SpA's annualized ROA % for the quarter that ended in Mar. 2026 was 14.89%.
The historical rank and industry rank for B&C Speakers SpA's ROA % or its related term are showing as below:
MIL:BEC'
s ROA % Range Over the Past 10 Years
Min: 3.64 Med: 16.93 Max: 21.08
Current: 10.77
During the past 13 years, B&C Speakers SpA's highest ROA % was 21.08%. The lowest was 3.64%. And the median was 16.93%.
MIL:BEC's ROA % is ranked better than 89.63% of 2498
companies
in the Hardware industry
Industry Median: 2.27
vs MIL:BEC: 10.77
B&C Speakers SpA (MIL:BEC) ROA % Explanation
ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A banks ROA % is typically well under 2%.
Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:
Note:
The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue 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.
Be Aware
Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.
E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.
B&C Speakers SpA ROA % Related Terms
B&C Speakers SpA ROA % Historical Data
* Premium members only.
The historical data trend for B&C Speakers SpA's ROA % 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 Consumer Electronics subindustry, B&C Speakers SpA's ROA %, along with its competitors' market caps and ROA % 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.
B&C Speakers SpA ROA % vs Hardware Industry
For the Hardware industry and Technology sector, B&C Speakers SpA's ROA % distribution charts can be found below:
* The bar in red indicates where B&C Speakers SpA's ROA % 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 ROA %, the net income of the last fiscal year and the average total assets 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.
ROA % is displayed in the 30-year financial page.
B&C Speakers SpA (MIL:BEC) has a ROA % of 14.89% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on B&C Speakers SpA and its competitors. This is 12% below median its historical median of 16.93. Over the past decade, B&C Speakers SpA's ROA % has ranged from 3.64 to 21.08. According to the industry distribution chart, B&C Speakers SpA ranks #259 out of 2498 companies in the Hardware industry, placing it in the top 10.4%.
Is B&C Speakers SpA's ROA % too high?
B&C Speakers SpA's current ROA % of 14.89% is 12% below median its 10-year median of 16.93. Over the past 10 years, this metric has ranged from a low of 3.64 to a high of 21.08. The Hardware industry median ROA % is 2.27. B&C Speakers SpA's value of 14.89% is 555.9% above this industry median. Based on the distribution chart, B&C Speakers SpA ranks #259 out of 2498 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, B&C Speakers SpA has a GF Score™ of 71/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does B&C Speakers SpA's ROA % compare to AAPL?
According to the Hardware industry distribution chart, B&C Speakers SpA ranks #259 out of 2498 companies for ROA %. This places B&C Speakers SpA in the top 10% of its industry — outperforming the majority of peers. The industry median ROA % is 2.27. B&C Speakers SpA's value of 14.89% is 555.9% above this benchmark. Historically, B&C Speakers SpA's own ROA % has ranged from 3.64 to 21.08 over the past decade. While the company's 10-year median is 16.93 vs. the industry median of 2.27, B&C Speakers 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 ROA % for a Hardware company?
The median ROA % among Hardware companies is 2.27, based on 2,498 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. B&C Speakers SpA's current ROA % of 14.89% is 555.9% 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on B&C Speakers SpA and its competitors. For the Hardware industry, the median ROA % is 2.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. B&C Speakers SpA's current ROA % is 14.89%, which is 12% below median its own 10-year median of 16.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is B&C Speakers SpA stock overvalued right now?
Based on GuruFocus' analysis, B&C Speakers SpA (MIL:BEC) is currently considered Significantly Undervalued. The stock's GF Value™ is €16.94, compared to a current price of €11.30 — trading 33.3% below its estimated fair value. The current ROA % is 14.89%, which is 12% below median its 10-year median of 16.93 and 555.9% above the Hardware industry median of 2.27. B&C Speakers SpA's overall GF Score™ is 71/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For B&C Speakers SpA (MIL:BEC), the current ROA % is 14.89% 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 B&C Speakers SpA (MIL:BEC) Overvalued in 2026?
Based on GuruFocus' analysis, B&C Speakers SpA stock appears to be undervalued.
The current stock price of €11.30 is trading 33.3% below its estimated GF Value™ of €16.94.
GuruFocus considers B&C Speakers SpA to be Significantly Undervalued.
Key valuation signals for MIL:BEC:
ROA %: 14.89% (12% below median its 10-year median of 16.93)
GF Value™: €16.94 vs. price of €11.30 (33.3% below fair value)
Industry Position: 555.9% above the Hardware median (#259 of 2498)
No single metric tells the full story. See the MIL:BEC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
B&C Speakers SpA is an Italy-based company engaged in the production and marketing of professional loudspeakers. Its speaker product offerings span across different categories, including high-frequency drivers, low-frequency drivers, tweeters, coaxials, and horn drivers. The company operates its business in a single sector, acoustic transducers. Geographically, it derives maximum revenue from Europe (excluding Italy), followed by the Asia-Pacific region, Italy, North America, Latin America, and the Middle East and Africa.
71GF Score
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