Fiera Milano SpACHIX:FMM 75 ROE % is 58.03% as of Mar. 2026, which is 199% above its 10-year median of 19.38. GuruFocus rates CHIX:FMM with a GF Score™ of 75/100 and a GF Value™ of €2.26. The stock has 3 warning signs investors should review. Among 1,058 Business Services companies, Fiera Milano SpA ranks better than 96.69% on this metric.
The historical rank and industry rank for Fiera Milano SpA's ROE % or its related term are showing as below:
CHIX:FMm'
s ROE % Range Over the Past 10 Years
Min: -39.9 Med: 19.38 Max: 51.82
Current: 48.49
During the past 13 years, Fiera Milano SpA's highest ROE % was 51.82%. The lowest was -39.90%. And the median was 19.38%.
CHIX:FMm's ROE % is ranked better than 96.69% of 1058
companies
in the Business Services industry
Industry Median: 8.095
vs CHIX:FMm: 48.49
Fiera Milano SpA (CHIX:FMm) ROE % Explanation
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
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. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* 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
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.
Fiera Milano SpA ROE % Related Terms
Fiera Milano SpA ROE % Historical Data
* Premium members only.
The historical data trend for Fiera Milano SpA's ROE % 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 Specialty Business Services subindustry, Fiera Milano SpA's ROE %, along with its competitors' market caps and ROE % 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.
Fiera Milano SpA ROE % vs Business Services Industry
For the Business Services industry and Industrials sector, Fiera Milano SpA's ROE % distribution charts can be found below:
* The bar in red indicates where Fiera Milano SpA's ROE % 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 ROE %, the net income of the last fiscal year and the average total shareholder equity 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.
ROE % is displayed in the 30-year financial page.
Fiera Milano SpA (CHIX:FMM) has a ROE % of 58.03% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Fiera Milano SpA and its competitors. This is 199% above median its historical median of 19.38. According to the industry distribution chart, Fiera Milano SpA ranks #35 out of 1058 companies in the Business Services industry, placing it in the top 3.3%.
Is Fiera Milano SpA's ROE % too high?
Fiera Milano SpA's current ROE % of 58.03% is 199% above median its 10-year median of 19.38. The Business Services industry median ROE % is 8.10. Fiera Milano SpA's value of 58.03% is 616.9% above this industry median. Based on the distribution chart, Fiera Milano SpA ranks #35 out of 1058 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Fiera Milano SpA has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does Fiera Milano SpA's ROE % compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Fiera Milano SpA ranks #35 out of 1058 companies for ROE %. This places Fiera Milano SpA in the top 3% of its industry — outperforming the majority of peers. The industry median ROE % is 8.10. Fiera Milano SpA's value of 58.03% is 616.9% above this benchmark. While the company's 10-year median is 19.38 vs. the industry median of 8.10, Fiera Milano 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 ROE % for a Business Services company?
The median ROE % among Business Services companies is 8.10, based on 1,058 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Fiera Milano SpA's current ROE % of 58.03% is 616.9% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Fiera Milano SpA and its competitors. For the Business Services industry, the median ROE % is 8.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fiera Milano SpA's current ROE % is 58.03%, which is 199% above median its own 10-year median of 19.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fiera Milano SpA stock overvalued right now?
Fiera Milano SpA (CHIX:FMM) has a current ROE % of 58.03%. The stock's GF Value™ is €2.26, compared to a current price of €3.13 — trading 38.5% above its estimated fair value. The current ROE % is 58.03%, which is 199% above median its 10-year median of 19.38 and 616.9% above the Business Services industry median of 8.10. Fiera Milano SpA's overall GF Score™ is 75/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Fiera Milano SpA (CHIX:FMM), the current ROE % is 58.03% 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 Fiera Milano SpA (CHIX:FMM) Overvalued in 2026?
Based on GuruFocus' analysis, Fiera Milano SpA stock appears to be overvalued.
The current stock price of €3.13 is trading 38.5% above its estimated GF Value™ of €2.26.
Key valuation signals for CHIX:FMM:
ROE %: 58.03% (199% above median its 10-year median of 19.38)
GF Value™: €2.26 vs. price of €3.13 (38.5% above fair value)
Industry Position: 616.9% above the Business Services median (#35 of 1058)
No single metric tells the full story. See the CHIX:FMM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fiera Milano SpA is a trade fair company. Its operating segments include Italian Exhibitions Business, Foreign Exhibitions Business, Congresses, and Other Sectors. The Italian Exhibitions and Foreign Exhibitions segment covers all activities for organizing and hosting exhibitions and other events in Italy and abroad through the use, promotion, and offer of furnished exhibition spaces, project support, and ancillary services. It also engages in stand-fitting, technical, and exhibition site services. The Congresses segment covers the management of conferences and events. It generates the majority of the revenue from Italian exhibitions segment. Geographically, it operates in Italy and Abroad, where it derives maximum revenue from Italy.
75GF Score
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