Directa Sim SpAMIL:D -2.02%44 ROA % is 8.13% as of Dec. 2025, which is 4% above its 10-year median of 7.83. GuruFocus rates MIL:D with a GF Score™ of 44/100 and a GF Value™ of €5.45 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 819 Capital Markets companies, Directa Sim SpA ranks better than 84.74% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Directa Sim SpA's annualizedNet Income for the quarter that ended in Dec. 2025 was €10.75 Mil.
Directa Sim SpA's average Total Assets over the quarter that ended in Dec. 2025 was €132.26 Mil. Therefore, Directa Sim SpA's annualized ROA % for the quarter that ended in Dec. 2025 was 8.13%.
The historical rank and industry rank for Directa Sim SpA's ROA % or its related term are showing as below:
MIL:D'
s ROA % Range Over the Past 10 Years
Min: 4.05 Med: 7.83 Max: 10.23
Current: 9.77
During the past 7 years, Directa Sim SpA's highest ROA % was 10.23%. The lowest was 4.05%. And the median was 7.83%.
MIL:D's ROA % is ranked better than 84.74% of 819
companies
in the Capital Markets industry
Industry Median: 1.5
vs MIL:D: 9.77
Directa Sim SpA (MIL:D) 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 two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) 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.
Directa Sim SpA ROA % Related Terms
Directa Sim SpA ROA % Historical Data
* Premium members only.
The historical data trend for Directa Sim 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 Capital Markets subindustry, Directa Sim 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.
Directa Sim SpA ROA % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Directa Sim SpA's ROA % distribution charts can be found below:
* The bar in red indicates where Directa Sim 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 two times the semi-annual (Dec. 2025) net income data.
ROA % is displayed in the 30-year financial page.
Directa Sim SpA (MIL:D) has a ROA % of 8.13% as of Dec. 2025. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Directa Sim SpA and its competitors. This is near median its historical median of 7.83. Over the past decade, Directa Sim SpA's ROA % has ranged from 4.05 to 10.23. According to the industry distribution chart, Directa Sim SpA ranks #125 out of 819 companies in the Capital Markets industry, placing it in the top 15.3%.
Is Directa Sim SpA's ROA % too high?
Directa Sim SpA's current ROA % of 8.13% is near median its 10-year median of 7.83. Over the past 10 years, this metric has ranged from a low of 4.05 to a high of 10.23. The Capital Markets industry median ROA % is 1.50. Directa Sim SpA's value of 8.13% is 442% above this industry median. Based on the distribution chart, Directa Sim SpA ranks #125 out of 819 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Directa Sim SpA has a GF Score™ of 44/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Directa Sim SpA's ROA % compare to MS and GS?
According to the Capital Markets industry distribution chart, Directa Sim SpA ranks #125 out of 819 companies for ROA %. This places Directa Sim SpA in the top 15% of its industry — outperforming the majority of peers. The industry median ROA % is 1.50. Directa Sim SpA's value of 8.13% is 442% above this benchmark. Historically, Directa Sim SpA's own ROA % has ranged from 4.05 to 10.23 over the past decade. While the company's 10-year median is 7.83 vs. the industry median of 1.50, Directa Sim 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 Capital Markets company?
The median ROA % among Capital Markets companies is 1.50, based on 819 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. Directa Sim SpA's current ROA % of 8.13% is 442% 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 Directa Sim SpA and its competitors. For the Capital Markets industry, the median ROA % is 1.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Directa Sim SpA's current ROA % is 8.13%, which is near median its own 10-year median of 7.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Directa Sim SpA stock overvalued right now?
Based on GuruFocus' analysis, Directa Sim SpA (MIL:D) is currently considered Modestly Overvalued. The stock's GF Value™ is €5.45, compared to a current price of €6.80 — trading 24.8% above its estimated fair value. The current ROA % is 8.13%, which is near median its 10-year median of 7.83 and 442% above the Capital Markets industry median of 1.50. Directa Sim SpA's overall GF Score™ is 44/100 with 3 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 Directa Sim SpA (MIL:D), the current ROA % is 8.13% 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 Directa Sim SpA (MIL:D) Overvalued in 2026?
Based on GuruFocus' analysis, Directa Sim SpA stock appears to be overvalued.
The current stock price of €6.80 is trading 24.8% above its estimated GF Value™ of €5.45.
GuruFocus considers Directa Sim SpA to be Modestly Overvalued.
Key valuation signals for MIL:D:
ROA %: 8.13% (near median its 10-year median of 7.83)
GF Value™: €5.45 vs. price of €6.80 (24.8% above fair value)
Industry Position: 442% above the Capital Markets median (#125 of 819)
No single metric tells the full story. See the MIL:D stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Directa Sim SpA is an online brokerage firm that allows private investors to operate directly on financial markets. The financial products of the company include Stocks, Bonds, Futures, Funds, Options, and Certificates & CW, among others.
44GF Score
Get the complete analysis for MIL:D
ROA % 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:D has been successfully added to your 
