Technogym SpAMIL:TGYM -0.46%93 ROA % is 18.52% as of Dec. 2025, which is 78% above its 10-year median of 10.39. GuruFocus rates MIL:TGYM with a GF Score™ of 93/100 and a GF Value™ of €12.69 (Modestly Overvalued). Among 858 Travel & Leisure companies, Technogym SpA ranks better than 93.71% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Technogym SpA's annualizedNet Income for the quarter that ended in Dec. 2025 was €149 Mil.
Technogym SpA's average Total Assets over the quarter that ended in Dec. 2025 was €802 Mil. Therefore, Technogym SpA's annualized ROA % for the quarter that ended in Dec. 2025 was 18.52%.
The historical rank and industry rank for Technogym SpA's ROA % or its related term are showing as below:
MIL:TGYM'
s ROA % Range Over the Past 10 Years
Min: 5.44 Med: 10.39 Max: 16.83
Current: 13.77
During the past 13 years, Technogym SpA's highest ROA % was 16.83%. The lowest was 5.44%. And the median was 10.39%.
MIL:TGYM's ROA % is ranked better than 93.71% of 858
companies
in the Travel & Leisure industry
Industry Median: 2.375
vs MIL:TGYM: 13.77
Technogym SpA (MIL:TGYM) 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.
Technogym SpA ROA % Related Terms
Technogym SpA ROA % Historical Data
* Premium members only.
The historical data trend for Technogym 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 Leisure subindustry, Technogym 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.
Technogym SpA ROA % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Technogym SpA's ROA % distribution charts can be found below:
* The bar in red indicates where Technogym 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.
Technogym SpA (MIL:TGYM) has a ROA % of 18.52% 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 Technogym SpA and its competitors. This is 78% above median its historical median of 10.39. Over the past decade, Technogym SpA's ROA % has ranged from 5.44 to 16.83. According to the industry distribution chart, Technogym SpA ranks #54 out of 858 companies in the Travel & Leisure industry, placing it in the top 6.3%.
Is Technogym SpA's ROA % too high?
Technogym SpA's current ROA % of 18.52% is 78% above median its 10-year median of 10.39. Over the past 10 years, this metric has ranged from a low of 5.44 to a high of 16.83. The Travel & Leisure industry median ROA % is 2.38. Technogym SpA's value of 18.52% is 679.8% above this industry median. Based on the distribution chart, Technogym SpA ranks #54 out of 858 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Technogym SpA has a GF Score™ of 93/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Technogym SpA's ROA % compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Technogym SpA ranks #54 out of 858 companies for ROA %. This places Technogym SpA in the top 6% of its industry — outperforming the majority of peers. The industry median ROA % is 2.38. Technogym SpA's value of 18.52% is 679.8% above this benchmark. Historically, Technogym SpA's own ROA % has ranged from 5.44 to 16.83 over the past decade. While the company's 10-year median is 10.39 vs. the industry median of 2.38, Technogym 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 Travel & Leisure company?
The median ROA % among Travel & Leisure companies is 2.38, based on 858 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. Technogym SpA's current ROA % of 18.52% is 679.8% 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 Technogym SpA and its competitors. For the Travel & Leisure industry, the median ROA % is 2.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Technogym SpA's current ROA % is 18.52%, which is 78% above median its own 10-year median of 10.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Technogym SpA stock overvalued right now?
Based on GuruFocus' analysis, Technogym SpA (MIL:TGYM) is currently considered Modestly Overvalued. The stock's GF Value™ is €12.69, compared to a current price of €15.28 — trading 20.4% above its estimated fair value. The current ROA % is 18.52%, which is 78% above median its 10-year median of 10.39 and 679.8% above the Travel & Leisure industry median of 2.38. Technogym SpA's overall GF Score™ is 93/100. 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 Technogym SpA (MIL:TGYM), the current ROA % is 18.52% 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 Technogym SpA (MIL:TGYM) Overvalued in 2026?
Based on GuruFocus' analysis, Technogym SpA stock appears to be overvalued.
The current stock price of €15.28 is trading 20.4% above its estimated GF Value™ of €12.69.
GuruFocus considers Technogym SpA to be Modestly Overvalued.
Key valuation signals for MIL:TGYM:
ROA %: 18.52% (78% above median its 10-year median of 10.39)
GF Value™: €12.69 vs. price of €15.28 (20.4% above fair value)
Industry Position: 679.8% above the Travel & Leisure median (#54 of 858)
No single metric tells the full story. See the MIL:TGYM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Technogym SpA is a fitness equipment manufacturer. The company offers integrated solutions for personal wellness consisting of equipment, services, and digital solutions that can be personalized and adapted to the specific needs of end users and professional operators. The company offers a range of wellness, physical exercise, and rehabilitation solutions to the segments of the fitness equipment market and the overall wellness industry. Its geographical segments are Europe (except Italy), APAC, Americas, MEIA, and Italy.
93GF Score
Get the complete analysis for MIL:TGYM
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:TGYM has been successfully added to your 
