ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Tenax International SpA's annualizedNet Income for the quarter that ended in Dec. 2025 was €-3.17 Mil.
Tenax International SpA's average Total Assets over the quarter that ended in Dec. 2025 was €24.95 Mil. Therefore, Tenax International SpA's annualized ROA % for the quarter that ended in Dec. 2025 was -12.70%.
The historical rank and industry rank for Tenax International SpA's ROA % or its related term are showing as below:
MIL:TNX'
s ROA % Range Over the Past 10 Years
Min: -8.37 Med: 1.49 Max: 5.23
Current: -8.27
During the past 8 years, Tenax International SpA's highest ROA % was 5.23%. The lowest was -8.37%. And the median was 1.49%.
MIL:TNX's ROA % is ranked worse than 90.62% of 1332
companies
in the Vehicles & Parts industry
Industry Median: 2.95
vs MIL:TNX: -8.27
Tenax International SpA (MIL:TNX) 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.
* 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 Auto Manufacturers subindustry, Tenax International 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.
Tenax International SpA ROA % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Tenax International SpA's ROA % distribution charts can be found below:
* The bar in red indicates where Tenax International 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.
Tenax International SpA (MIL:TNX) has a ROA % of -12.70% 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 Tenax International SpA and its competitors. According to the industry distribution chart, Tenax International SpA ranks #1207 out of 1332 companies in the Vehicles & Parts industry, placing it in the top 90.6%.
Is Tenax International SpA's ROA % too high?
Tenax International SpA's current ROA % is -12.70%. Based on the distribution chart, Tenax International SpA ranks #1207 out of 1332 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Tenax International SpA has a GF Score™ of 45/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Tenax International SpA's ROA % compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Tenax International SpA ranks #1207 out of 1332 companies for ROA %. This places Tenax International SpA in the lower half of its industry. The industry median ROA % is 2.95. 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 Vehicles & Parts company?
The median ROA % among Vehicles & Parts companies is 2.95, based on 1,332 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. 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 Tenax International SpA and its competitors. For the Vehicles & Parts industry, the median ROA % is 2.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tenax International SpA's current ROA % is -12.70%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tenax International SpA stock overvalued right now?
Based on GuruFocus' analysis, Tenax International SpA (MIL:TNX) is currently considered Possible Value Trap. The stock's GF Value™ is €1.75, compared to a current price of €1.10 — trading 37.1% below its estimated fair value. The current ROA % is -12.70%. Tenax International SpA's overall GF Score™ is 45/100 with 10 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 Tenax International SpA (MIL:TNX), the current ROA % is -12.70% 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 Tenax International SpA (MIL:TNX) Overvalued in 2026?
Based on GuruFocus' analysis, Tenax International SpA stock appears to be undervalued.
The current stock price of €1.10 is trading 37.1% below its estimated GF Value™ of €1.75.
GuruFocus considers Tenax International SpA to be Possible Value Trap.
Key valuation signals for MIL:TNX:
ROA %: -12.70%
GF Value™: €1.75 vs. price of €1.10 (37.1% below fair value)
No single metric tells the full story. See the MIL:TNX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tenax International SpA is engaged in designing and production of low-voltage electric road sweepers and street washers in Italy. The company also offers pre-owned street washers and road sweepers.
45GF Score
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