Reply SpAMIL:REY -3.23%78 ROA % is 14.44% as of Mar. 2026, which is 56% above its 10-year median of 9.24. GuruFocus rates MIL:REY with a GF Score™ of 78/100 and a GF Value™ of €146.12 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 2,885 Software companies, Reply SpA ranks better than 82.22% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Reply SpA's annualizedNet Income for the quarter that ended in Mar. 2026 was €399 Mil.
Reply SpA's average Total Assets over the quarter that ended in Mar. 2026 was €2,765 Mil. Therefore, Reply SpA's annualized ROA % for the quarter that ended in Mar. 2026 was 14.44%.
The historical rank and industry rank for Reply SpA's ROA % or its related term are showing as below:
MIL:REY'
s ROA % Range Over the Past 10 Years
Min: 8.11 Med: 9.24 Max: 10.26
Current: 10.06
During the past 13 years, Reply SpA's highest ROA % was 10.26%. The lowest was 8.11%. And the median was 9.24%.
MIL:REY's ROA % is ranked better than 82.22% of 2885
companies
in the Software industry
Industry Median: 1.68
vs MIL:REY: 10.06
Reply SpA (MIL:REY) 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.
Reply SpA ROA % Related Terms
Reply SpA ROA % Historical Data
* Premium members only.
The historical data trend for Reply 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 Information Technology Services subindustry, Reply 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.
Reply SpA ROA % vs Software Industry
For the Software industry and Technology sector, Reply SpA's ROA % distribution charts can be found below:
* The bar in red indicates where Reply 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.
Reply SpA (MIL:REY) has a ROA % of 14.44% 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 Reply SpA and its competitors. This is 56% above median its historical median of 9.24. Over the past decade, Reply SpA's ROA % has ranged from 8.11 to 10.26. According to the industry distribution chart, Reply SpA ranks #513 out of 2885 companies in the Software industry, placing it in the top 17.8%.
Is Reply SpA's ROA % too high?
Reply SpA's current ROA % of 14.44% is 56% above median its 10-year median of 9.24. Over the past 10 years, this metric has ranged from a low of 8.11 to a high of 10.26. The Software industry median ROA % is 1.68. Reply SpA's value of 14.44% is 759.5% above this industry median. Based on the distribution chart, Reply SpA ranks #513 out of 2885 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Reply SpA has a GF Score™ of 78/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Reply SpA's ROA % compare to IBM and ACN?
According to the Software industry distribution chart, Reply SpA ranks #513 out of 2885 companies for ROA %. This places Reply SpA in the top 18% of its industry — outperforming the majority of peers. The industry median ROA % is 1.68. Reply SpA's value of 14.44% is 759.5% above this benchmark. Historically, Reply SpA's own ROA % has ranged from 8.11 to 10.26 over the past decade. While the company's 10-year median is 9.24 vs. the industry median of 1.68, Reply 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 Software company?
The median ROA % among Software companies is 1.68, based on 2,885 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. Reply SpA's current ROA % of 14.44% is 759.5% 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 Reply SpA and its competitors. For the Software industry, the median ROA % is 1.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Reply SpA's current ROA % is 14.44%, which is 56% above median its own 10-year median of 9.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Reply SpA stock overvalued right now?
Based on GuruFocus' analysis, Reply SpA (MIL:REY) is currently considered Significantly Undervalued. The stock's GF Value™ is €146.12, compared to a current price of €88.35 — trading 39.5% below its estimated fair value. The current ROA % is 14.44%, which is 56% above median its 10-year median of 9.24 and 759.5% above the Software industry median of 1.68. Reply SpA's overall GF Score™ is 78/100 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 Reply SpA (MIL:REY), the current ROA % is 14.44% 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 Reply SpA (MIL:REY) Overvalued in 2026?
Based on GuruFocus' analysis, Reply SpA stock appears to be undervalued.
The current stock price of €88.35 is trading 39.5% below its estimated GF Value™ of €146.12.
GuruFocus considers Reply SpA to be Significantly Undervalued.
Key valuation signals for MIL:REY:
ROA %: 14.44% (56% above median its 10-year median of 9.24)
GF Value™: €146.12 vs. price of €88.35 (39.5% below fair value)
Industry Position: 759.5% above the Software median (#513 of 2885)
No single metric tells the full story. See the MIL:REY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Reply SpA specialises in consulting, digital services, and the integration of processes, applications, and devices. Reply serves clients in the telecommunication and media, banking, insurance, financial, industry and services, energy and utilities, and public administration industries. The company provides its services mainly through platforms such as X-Rais Reply, Discovery Reply, Brick Reply, TamTamy, and SideUp Reply. Reply researches, selects, and markets solutions through channels such as data analysis, digital communication, e-commerce, mobile, and social media. Its business segments are defined based on geographical areas of operation and include Region 1 (including Italy, USA, Brazil, Poland, Romania, and Nanjing), which derives key revenue, Region 2, Region 3, and IoT Incubator.
78GF Score
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