ETS Engineering and Technical Services SpA (MIL:ETS) ROE %: 35.75% (As of Dec. 2025) — 46% Below Median


MIL:ETS ETS Engineering and Technical Services SpA MIL:ETS
21 GF Score
Price €6.40
! 5 Warning Signs
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What is ETS Engineering and Technical Services SpA ROE %?

ETS Engineering and Technical Services SpA MIL:ETS -3.76% 21 ROE % is 35.75% as of Dec. 2025, which is 46% below its 10-year median of 66.22. GuruFocus rates MIL:ETS with a GF Score™ of 21/100. The stock has 5 warning signs investors should review. Among 1,738 Construction companies, ETS Engineering and Technical Services SpA ranks better than 94.02% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. ETS Engineering and Technical Services SpA's annualized net income for the quarter that ended in Dec. 2025 was €3.29 Mil. ETS Engineering and Technical Services SpA's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was €9.19 Mil. Therefore, ETS Engineering and Technical Services SpA's annualized ROE % for the quarter that ended in Dec. 2025 was 35.75%.

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

MIL:ETS' s ROE % Range Over the Past 10 Years
Min: 35.75   Med: 66.22   Max: 68.55
Current: 35.75

During the past 3 years, ETS Engineering and Technical Services SpA's highest ROE % was 68.55%. The lowest was 35.75%. And the median was 66.22%.

MIL:ETS's ROE % is ranked better than
94.02% of 1738 companies
in the Construction industry
Industry Median: 6.715 vs MIL:ETS: 35.75

ETS Engineering and Technical Services SpA  (MIL:ETS) 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
=3.285/9.1895
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(3.285 / 16.061)*(16.061 / 17.3265)*(17.3265 / 9.1895)
=Net Margin %*Asset Turnover*Equity Multiplier
=20.45 %*0.927*1.8855
=ROA %*Equity Multiplier
=18.96 %*1.8855
=35.75 %

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
=3.285/9.1895
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (3.285 / 4.637) * (4.637 / 4.632) * (4.632 / 16.061) * (16.061 / 17.3265) * (17.3265 / 9.1895)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7084 * 1.0011 * 28.84 % * 0.927 * 1.8855
=35.75 %

Note: The net income data used here is one times the annual (Dec. 2025) net income data. The Revenue data used here is one times the 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.

ETS Engineering and Technical Services SpA ROE % Related Terms

ETS Engineering and Technical Services SpA ROE % Historical Data

* Premium members only.

The historical data trend for ETS Engineering and Technical Services 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.

ETS Engineering and Technical Services SpA ROE % Chart

ETS Engineering and Technical Services SpA Annual Data
Trend Dec23 Dec24 Dec25
ROE %
68.55 66.22 35.75

ETS Engineering and Technical Services SpA Semi-Annual Data
Dec23 Dec24 Dec25
ROE % 68.55 66.22 35.75

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

For the Engineering & Construction subindustry, ETS Engineering and Technical Services 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.

ETS Engineering and Technical Services SpA ROE % vs Construction Industry

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

* The bar in red indicates where ETS Engineering and Technical Services SpA's ROE % falls into.


MIL:ETS
21GF Score
ETS Engineering and Technical Services SpA MIL:ETS
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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ETS Engineering and Technical Services SpA ROE % Calculation

ETS Engineering and Technical Services 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 )
=3.285/( (5.935+12.444)/ 2 )
=3.285/9.1895
=35.75 %

ETS Engineering and Technical Services 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: Dec. 2024 )+Total Stockholders Equity (Q: Dec. 2025 ))/ count )
=3.285/( (5.935+12.444)/ 2 )
=3.285/9.1895
=35.75 %

* 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 one times the 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 35.75% mean?
ETS Engineering and Technical Services SpA (MIL:ETS) has a ROE % of 35.75% 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 ETS Engineering and Technical Services SpA and its competitors. This is 46% below median its historical median of 66.22. Over the past decade, ETS Engineering and Technical Services SpA's ROE % has ranged from 35.75 to 68.55. According to the industry distribution chart, ETS Engineering and Technical Services SpA ranks #104 out of 1738 companies in the Construction industry, placing it in the top 6%.
Is ETS Engineering and Technical Services SpA's ROE % too high?
ETS Engineering and Technical Services SpA's current ROE % of 35.75% is 46% below median its 10-year median of 66.22. Over the past 10 years, this metric has ranged from a low of 35.75 to a high of 68.55. The Construction industry median ROE % is 6.72. ETS Engineering and Technical Services SpA's value of 35.75% is 432.4% above this industry median. Based on the distribution chart, ETS Engineering and Technical Services SpA ranks #104 out of 1738 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, ETS Engineering and Technical Services SpA has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does ETS Engineering and Technical Services SpA's ROE % compare to PWR and FIX?
According to the Construction industry distribution chart, ETS Engineering and Technical Services SpA ranks #104 out of 1738 companies for ROE %. This places ETS Engineering and Technical Services SpA in the top 6% of its industry — outperforming the majority of peers. The industry median ROE % is 6.72. ETS Engineering and Technical Services SpA's value of 35.75% is 432.4% above this benchmark. Historically, ETS Engineering and Technical Services SpA's own ROE % has ranged from 35.75 to 68.55 over the past decade. While the company's 10-year median is 66.22 vs. the industry median of 6.72, ETS Engineering and Technical Services 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 6.72, based on 1,738 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. ETS Engineering and Technical Services SpA's current ROE % of 35.75% is 432.4% 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 ETS Engineering and Technical Services SpA and its competitors. For the Construction industry, the median ROE % is 6.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ETS Engineering and Technical Services SpA's current ROE % is 35.75%, which is 46% below median its own 10-year median of 66.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ETS Engineering and Technical Services SpA stock overvalued right now?
ETS Engineering and Technical Services SpA (MIL:ETS) has a current ROE % of 35.75%. The current ROE % is 35.75%, which is 46% below median its 10-year median of 66.22 and 432.4% above the Construction industry median of 6.72. ETS Engineering and Technical Services SpA's overall GF Score™ is 21/100 with 5 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 ETS Engineering and Technical Services SpA (MIL:ETS), the current ROE % is 35.75% 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.

ETS Engineering and Technical Services SpA Business Description

Address Via Angelo Mazzi, 32, Villa d'Alme, Bergamo, ITA, 24018
ETS Engineering and Technical Services SpA is an engineering company. The company offers integrated services in civil and systems engineering. It provides end-to-end solutions from feasibility studies and energy diagnostics to design, project management, and site supervision, ensuring efficiency, cost control, and technical excellence for both public and private clients.
21GF 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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