Energy Time SpA (MIL:ET) ROE %: 50.03% (As of Dec. 2025) — 96% Above Median


MIL:ET Energy Time SpA MIL:ET
18 GF Score
Price €6.95
! 3 Warning Signs
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What is Energy Time SpA ROE %?

Energy Time SpA MIL:ET 18 ROE % is 50.03% as of Dec. 2025, which is 96% above its 10-year median of 25.59. GuruFocus rates MIL:ET with a GF Score™ of 18/100. The stock has 3 warning signs investors should review. Among 1,002 Semiconductors companies, Energy Time SpA ranks better than 93.21% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Energy Time SpA's annualized net income for the quarter that ended in Dec. 2025 was €5.39 Mil. Energy Time SpA's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was €10.76 Mil. Therefore, Energy Time SpA's annualized ROE % for the quarter that ended in Dec. 2025 was 50.03%.

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

MIL:ET' s ROE % Range Over the Past 10 Years
Min: 23.65   Med: 25.59   Max: 31.16
Current: 31.16

During the past 2 years, Energy Time SpA's highest ROE % was 31.16%. The lowest was 23.65%. And the median was 25.59%.

MIL:ET's ROE % is ranked better than
93.21% of 1002 companies
in the Semiconductors industry
Industry Median: 4.55 vs MIL:ET: 31.16

Energy Time SpA  (MIL:ET) 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
=5.386/10.7645
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(5.386 / 32.968)*(32.968 / 25.063)*(25.063 / 10.7645)
=Net Margin %*Asset Turnover*Equity Multiplier
=16.34 %*1.3154*2.3283
=ROA %*Equity Multiplier
=21.49 %*2.3283
=50.03 %

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
=5.386/10.7645
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (5.386 / 7.924) * (7.924 / 8.312) * (8.312 / 32.968) * (32.968 / 25.063) * (25.063 / 10.7645)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.6797 * 0.9533 * 25.21 % * 1.3154 * 2.3283
=50.03 %

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.


Energy Time SpA ROE % Related Terms


Energy Time SpA ROE % Historical Data

* Premium members only.

The historical data trend for Energy Time 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.

Energy Time SpA ROE % Chart

Energy Time SpA Annual Data
Trend Dec24 Dec25
ROE %
23.65 27.52

Energy Time SpA Semi-Annual Data
Dec24 Jun25 Dec25
ROE % 0.00 6.97 50.03

MIL:ET vs FSLR, NXT, ENPH: ROE % Comparison

For the Solar subindustry, Energy Time 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.


Energy Time SpA ROE % vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Energy Time SpA's ROE % distribution charts can be found below:

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


MIL:ET
18GF Score
Energy Time SpA MIL:ET
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Energy Time SpA ROE % Calculation

Energy Time 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 )
=2.93/( (6.68+14.611)/ 2 )
=2.93/10.6455
=27.52 %

Energy Time 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 )
=5.386/( (6.918+14.611)/ 2 )
=5.386/10.7645
=50.03 %

* 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 50.03% mean?
Energy Time SpA (MIL:ET) has a ROE % of 50.03% 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 Energy Time SpA and its competitors. This is 96% above median its historical median of 25.59. Over the past decade, Energy Time SpA's ROE % has ranged from 23.65 to 31.16. According to the industry distribution chart, Energy Time SpA ranks #68 out of 1002 companies in the Semiconductors industry, placing it in the top 6.8%.
Is Energy Time SpA's ROE % too high?
Energy Time SpA's current ROE % of 50.03% is 96% above median its 10-year median of 25.59. Over the past 10 years, this metric has ranged from a low of 23.65 to a high of 31.16. The Semiconductors industry median ROE % is 4.55. Energy Time SpA's value of 50.03% is 999.6% above this industry median. Based on the distribution chart, Energy Time SpA ranks #68 out of 1002 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Energy Time SpA has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Energy Time SpA's ROE % compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Energy Time SpA ranks #68 out of 1002 companies for ROE %. This places Energy Time SpA in the top 7% of its industry — outperforming the majority of peers. The industry median ROE % is 4.55. Energy Time SpA's value of 50.03% is 999.6% above this benchmark. Historically, Energy Time SpA's own ROE % has ranged from 23.65 to 31.16 over the past decade. While the company's 10-year median is 25.59 vs. the industry median of 4.55, Energy Time 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 Semiconductors company?
The median ROE % among Semiconductors companies is 4.55, based on 1,002 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. Energy Time SpA's current ROE % of 50.03% is 999.6% 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 Energy Time SpA and its competitors. For the Semiconductors industry, the median ROE % is 4.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Energy Time SpA's current ROE % is 50.03%, which is 96% above median its own 10-year median of 25.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Energy Time SpA stock overvalued right now?
Energy Time SpA (MIL:ET) has a current ROE % of 50.03%. The current ROE % is 50.03%, which is 96% above median its 10-year median of 25.59 and 999.6% above the Semiconductors industry median of 4.55. Energy Time SpA's overall GF Score™ is 18/100 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 Energy Time SpA (MIL:ET), the current ROE % is 50.03% 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.

Energy Time SpA Business Description

Other Exchanges C7W:Germany
Address Via Arturo Giovannitt, Campobasso, ITA, 86100
Energy Time SpA provides renewable energy solutions, specializing in the design, procurement, installation, and maintenance of solar photovoltaic, and thermal systems, heat pumps, cogeneration, and energy-efficiency services.
18GF Score

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