Espe SpA (MIL:ESPE) ROE %: 50.87% (As of Dec. 2025) — 117% Above Median


MIL:ESPE Espe SpA MIL:ESPE
16 GF Score
Price €6.04
! 7 Warning Signs
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What is Espe SpA ROE %?

Espe SpA MIL:ESPE 16 ROE % is 50.87% as of Dec. 2025, which is 117% above its 10-year median of 23.44. GuruFocus rates MIL:ESPE with a GF Score™ of 16/100. The stock has 7 warning signs investors should review. Among 1,743 Construction companies, Espe SpA ranks better than 95.35% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Espe SpA's annualized net income for the quarter that ended in Dec. 2025 was €9.02 Mil. Espe SpA's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was €17.72 Mil. Therefore, Espe SpA's annualized ROE % for the quarter that ended in Dec. 2025 was 50.87%.

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

MIL:ESPE' s ROE % Range Over the Past 10 Years
Min: 1.42   Med: 23.44   Max: 42.47
Current: 42.47

During the past 5 years, Espe SpA's highest ROE % was 42.47%. The lowest was 1.42%. And the median was 23.44%.

MIL:ESPE's ROE % is ranked better than
95.35% of 1743 companies
in the Construction industry
Industry Median: 6.69 vs MIL:ESPE: 42.47

Espe SpA  (MIL:ESPE) 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: Dec. 2025 )
=Net Income/Total Stockholders Equity
=9.016/17.7235
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(9.016 / 121.098)*(121.098 / 108.26)*(108.26 / 17.7235)
=Net Margin %*Asset Turnover*Equity Multiplier
=7.45 %*1.1186*6.1083
=ROA %*Equity Multiplier
=8.33 %*6.1083
=50.87 %

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: Dec. 2025 )
=Net Income/Total Stockholders Equity
=9.016/17.7235
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (9.016 / 14.688) * (14.688 / 17.184) * (17.184 / 121.098) * (121.098 / 108.26) * (108.26 / 17.7235)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.6138 * 0.8547 * 14.19 % * 1.1186 * 6.1083
=50.87 %

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. 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.


Espe SpA ROE % Related Terms


Espe SpA ROE % Historical Data

* Premium members only.

The historical data trend for Espe 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.

Espe SpA ROE % Chart

Espe SpA Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
1.42 4.25 23.44 29.84 40.92

Espe SpA Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
ROE % Get a 7-Day Free Trial Premium Member Only 30.18 25.86 32.75 34.37 50.87

MIL:ESPE vs PWR, FIX, EME: ROE % Comparison

For the Engineering & Construction subindustry, Espe 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.


Espe SpA ROE % vs Construction Industry

For the Construction industry and Industrials sector, Espe SpA's ROE % distribution charts can be found below:

* The bar in red indicates where Espe SpA's ROE % falls into.


MIL:ESPE
16GF Score
Espe SpA MIL:ESPE
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Espe SpA ROE % Calculation

Espe 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 )
=7.096/( (14.678+20.002)/ 2 )
=7.096/17.34
=40.92 %

Espe SpA's annualized ROE % for the quarter that ended in Dec. 2025 is calculated as

ROE %=Net Income (Q: Dec. 2025 )/( (Total Stockholders Equity (Q: Jun. 2025 )+Total Stockholders Equity (Q: Dec. 2025 ))/ count )
=9.016/( (15.445+20.002)/ 2 )
=9.016/17.7235
=50.87 %

* 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 two times the semi-annual (Dec. 2025) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 50.87% mean?
Espe SpA (MIL:ESPE) has a ROE % of 50.87% as of Dec. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Espe SpA and its competitors. This is 117% above median its historical median of 23.44. Over the past decade, Espe SpA's ROE % has ranged from 1.42 to 42.47. According to the industry distribution chart, Espe SpA ranks #81 out of 1743 companies in the Construction industry, placing it in the top 4.6%.
Is Espe SpA's ROE % too high?
Espe SpA's current ROE % of 50.87% is 117% above median its 10-year median of 23.44. Over the past 10 years, this metric has ranged from a low of 1.42 to a high of 42.47. The Construction industry median ROE % is 6.69. Espe SpA's value of 50.87% is 660.4% above this industry median. Based on the distribution chart, Espe SpA ranks #81 out of 1743 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Espe SpA has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Espe SpA's ROE % compare to PWR and FIX?
According to the Construction industry distribution chart, Espe SpA ranks #81 out of 1743 companies for ROE %. This places Espe SpA in the top 5% of its industry — outperforming the majority of peers. The industry median ROE % is 6.69. Espe SpA's value of 50.87% is 660.4% above this benchmark. Historically, Espe SpA's own ROE % has ranged from 1.42 to 42.47 over the past decade. While the company's 10-year median is 23.44 vs. the industry median of 6.69, Espe 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 Construction company?
The median ROE % among Construction companies is 6.69, based on 1,743 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. Espe SpA's current ROE % of 50.87% is 660.4% 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 Espe SpA and its competitors. For the Construction industry, the median ROE % is 6.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Espe SpA's current ROE % is 50.87%, which is 117% above median its own 10-year median of 23.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Espe SpA stock overvalued right now?
Espe SpA (MIL:ESPE) has a current ROE % of 50.87%. The current ROE % is 50.87%, which is 117% above median its 10-year median of 23.44 and 660.4% above the Construction industry median of 6.69. Espe SpA's overall GF Score™ is 16/100 with 7 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 Espe SpA (MIL:ESPE), the current ROE % is 50.87% 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.

Espe SpA Business Description

Address Via Dell Artigianato 6, Grantorto, Padua, ITA, 35010
Espe SpA is a company which is producers of cutting edge solutions. They are born as installers of industrial electrical systems, over the years they have accumulated a rich wealth of experience, expanding its activities in the field of installation of photovoltaic systems and in the direct production of innovative technologies in the small wind, hydroelectric and biomass sectors.
16GF 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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