4AIM SICAF SpA (MIL:AIM) ROE %: -64.09% (As of Mar. 2026)


MIL:AIM 4AIM SICAF SpA MIL:AIM
34 GF Score
Price €45.98
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What is 4AIM SICAF SpA ROE %?

4AIM SICAF SpA MIL:AIM 34 ROE % is -64.09% as of Mar. 2026. GuruFocus rates MIL:AIM with a GF Score™ of 34/100. Among 933 REITs companies, 4AIM SICAF SpA ranks worse than 99.36% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. 4AIM SICAF SpA's annualized net income for the quarter that ended in Mar. 2026 was €-4.28 Mil. 4AIM SICAF SpA's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was €6.68 Mil. Therefore, 4AIM SICAF SpA's annualized ROE % for the quarter that ended in Mar. 2026 was -64.09%.

The historical rank and industry rank for 4AIM SICAF SpA's ROE % or its related term are showing as below:

MIL:AIM' s ROE % Range Over the Past 10 Years
Min: -61.78   Med: -17.77   Max: 17.03
Current: -47.01

During the past 10 years, 4AIM SICAF SpA's highest ROE % was 17.03%. The lowest was -61.78%. And the median was -17.77%.

MIL:AIM's ROE % is ranked worse than
99.36% of 933 companies
in the REITs industry
Industry Median: 6.2 vs MIL:AIM: -47.01

4AIM SICAF SpA  (MIL:AIM) 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:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=-4.284/6.6845
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-4.284 / -1.96)*(-1.96 / 7.6745)*(7.6745 / 6.6845)
=Net Margin %*Asset Turnover*Equity Multiplier
=218.57 %*-0.2554*1.1481
=ROA %*Equity Multiplier
=-55.82 %*1.1481
=-64.09 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=-4.284/6.6845
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-4.284 / -4.284) * (-4.284 / -1.96) * (-1.96 / 7.6745) * (7.6745 / 6.6845)
= Tax Burden * Pretax Margin % * Asset Turnover * Equity Multiplier
= 1 * 218.57 % * -0.2554 * 1.1481
=-64.09 %

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.


4AIM SICAF SpA ROE % Related Terms


4AIM SICAF SpA ROE % Historical Data

* Premium members only.

The historical data trend for 4AIM SICAF 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.

4AIM SICAF SpA ROE % Chart

4AIM SICAF SpA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.03 -19.62 -31.42 -61.78 -43.88

4AIM SICAF SpA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -55.96 171.01 -250.61 -51.46 -64.09

MIL:AIM vs EQIX, AMT, DLR: ROE % Comparison

For the REIT - Specialty subindustry, 4AIM SICAF 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.


4AIM SICAF SpA ROE % vs REITs Industry

For the REITs industry and Real Estate sector, 4AIM SICAF SpA's ROE % distribution charts can be found below:

* The bar in red indicates where 4AIM SICAF SpA's ROE % falls into.


MIL:AIM
34GF Score
4AIM SICAF SpA MIL:AIM
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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4AIM SICAF SpA ROE % Calculation

4AIM SICAF SpA's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=-3.974/( (10.894+7.22)/ 2 )
=-3.974/9.057
=-43.88 %

4AIM SICAF SpA's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=-4.284/( (7.22+6.149)/ 2 )
=-4.284/6.6845
=-64.09 %

* 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.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of -64.09% mean?
4AIM SICAF SpA (MIL:AIM) has a ROE % of -64.09% 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 4AIM SICAF SpA and its competitors. According to the industry distribution chart, 4AIM SICAF SpA ranks #927 out of 933 companies in the REITs industry, placing it in the top 99.4%.
Is 4AIM SICAF SpA's ROE % too high?
4AIM SICAF SpA's current ROE % is -64.09%. Based on the distribution chart, 4AIM SICAF SpA ranks #927 out of 933 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, 4AIM SICAF SpA has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does 4AIM SICAF SpA's ROE % compare to EQIX and AMT?
According to the REITs industry distribution chart, 4AIM SICAF SpA ranks #927 out of 933 companies for ROE %. This places 4AIM SICAF SpA in the lower half of its industry. The industry median ROE % is 6.20. 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 REITs company?
The median ROE % among REITs companies is 6.20, based on 933 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. 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 4AIM SICAF SpA and its competitors. For the REITs industry, the median ROE % is 6.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. 4AIM SICAF SpA's current ROE % is -64.09%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is 4AIM SICAF SpA stock overvalued right now?
4AIM SICAF SpA (MIL:AIM) has a current ROE % of -64.09%. The current ROE % is -64.09%. 4AIM SICAF SpA's overall GF Score™ is 34/100. 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 4AIM SICAF SpA (MIL:AIM), the current ROE % is -64.09% 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.

4AIM SICAF SpA Business Description

Industry Real EstateREITs
Address Corso Venezia n. 16, Milan, ITA, 20121
4AIM SICAF SpA is an investment company. It is engaged investing in listed companies. The group represents for institutional investors an efficient tool and an excellent opportunity to invest in Italian SMEs.
34GF Score

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ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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