Industrie Chimiche Forestali SpAMIL:ICF 65 ROA % is 2.40% as of Dec. 2025, which is 4% above its 10-year median of 2.30. GuruFocus rates MIL:ICF with a GF Score™ of 65/100 and a GF Value™ of €5.17 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,614 Chemicals companies, Industrie Chimiche Forestali SpA ranks worse than 54.52% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Industrie Chimiche Forestali SpA's annualizedNet Income for the quarter that ended in Dec. 2025 was €2.64 Mil.
Industrie Chimiche Forestali SpA's average Total Assets over the quarter that ended in Dec. 2025 was €110.06 Mil. Therefore, Industrie Chimiche Forestali SpA's annualized ROA % for the quarter that ended in Dec. 2025 was 2.40%.
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.
Industrie Chimiche Forestali SpA ROA % Related Terms
Industrie Chimiche Forestali SpA ROA % 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.
For the Specialty Chemicals subindustry, Industrie Chimiche Forestali 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.
Industrie Chimiche Forestali SpA ROA % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Industrie Chimiche Forestali SpA's ROA % distribution charts can be found below:
* The bar in red indicates where Industrie Chimiche Forestali 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.
Industrie Chimiche Forestali SpA (MIL:ICF) has a ROA % of 2.40% 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 Industrie Chimiche Forestali SpA and its competitors. This is near median its historical median of 2.30. Over the past decade, Industrie Chimiche Forestali SpA's ROA % has ranged from 1.77 to 5.92. According to the industry distribution chart, Industrie Chimiche Forestali SpA ranks #880 out of 1614 companies in the Chemicals industry, placing it in the top 54.5%.
Is Industrie Chimiche Forestali SpA's ROA % too high?
Industrie Chimiche Forestali SpA's current ROA % of 2.40% is near median its 10-year median of 2.30. Over the past 10 years, this metric has ranged from a low of 1.77 to a high of 5.92. The Chemicals industry median ROA % is 2.90. Industrie Chimiche Forestali SpA's value of 2.40% is 17.2% below this industry median. Based on the distribution chart, Industrie Chimiche Forestali SpA ranks #880 out of 1614 companies in the Chemicals industry, which is below the industry midpoint. Overall, Industrie Chimiche Forestali SpA has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Industrie Chimiche Forestali SpA's ROA % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Industrie Chimiche Forestali SpA ranks #880 out of 1614 companies for ROA %. This places Industrie Chimiche Forestali SpA in the lower half of its industry. The industry median ROA % is 2.90. Industrie Chimiche Forestali SpA's value of 2.40% is 17.2% below this benchmark. Historically, Industrie Chimiche Forestali SpA's own ROA % has ranged from 1.77 to 5.92 over the past decade. While the company's 10-year median is 2.30 vs. the industry median of 2.90, Industrie Chimiche Forestali SpA has consistently been below 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 Chemicals company?
The median ROA % among Chemicals companies is 2.90, based on 1,614 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. Industrie Chimiche Forestali SpA's current ROA % of 2.40% is 17.2% below 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 Industrie Chimiche Forestali SpA and its competitors. For the Chemicals industry, the median ROA % is 2.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Industrie Chimiche Forestali SpA's current ROA % is 2.40%, which is near median its own 10-year median of 2.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Industrie Chimiche Forestali SpA stock overvalued right now?
Based on GuruFocus' analysis, Industrie Chimiche Forestali SpA (MIL:ICF) is currently considered Modestly Overvalued. The stock's GF Value™ is €5.17, compared to a current price of €6.00 — trading 16.1% above its estimated fair value. The current ROA % is 2.40%, which is near median its 10-year median of 2.30 and 17.2% below the Chemicals industry median of 2.90. Industrie Chimiche Forestali SpA's overall GF Score™ is 65/100 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 Industrie Chimiche Forestali SpA (MIL:ICF), the current ROA % is 2.40% 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 Industrie Chimiche Forestali SpA (MIL:ICF) Overvalued in 2026?
Based on GuruFocus' analysis, Industrie Chimiche Forestali SpA stock appears to be overvalued.
The current stock price of €6.00 is trading 16.1% above its estimated GF Value™ of €5.17.
GuruFocus considers Industrie Chimiche Forestali SpA to be Modestly Overvalued.
Key valuation signals for MIL:ICF:
ROA %: 2.40% (near median its 10-year median of 2.30)
GF Value™: €5.17 vs. price of €6.00 (16.1% above fair value)
Industry Position: 17.2% below the Chemicals median (#880 of 1614)
No single metric tells the full story. See the MIL:ICF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Industrie Chimiche Forestali SpA Business Description
Industrie Chimiche Forestali SpA is engaged in the design, production and marketing of high-tech adhesives and fabrics mainly for the following markets: footwear & leather goods, automotive and packaging.
65GF Score
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