ICOP SpAMIL:ICOP 15 ROE % is 32.60% as of Dec. 2025, which is 80% above its 10-year median of 18.14. GuruFocus rates MIL:ICOP with a GF Score™ of 15/100. The stock has 6 warning signs investors should review. Among 1,743 Construction companies, ICOP SpA ranks better than 91.11% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. ICOP SpA's annualized net income for the quarter that ended in Dec. 2025 was €38.5 Mil. ICOP SpA's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was €118.2 Mil. Therefore, ICOP SpA's annualized ROE % for the quarter that ended in Dec. 2025 was 32.60%.
The historical rank and industry rank for ICOP SpA's ROE % or its related term are showing as below:
MIL:ICOP'
s ROE % Range Over the Past 10 Years
Min: 10.49 Med: 18.14 Max: 27.5
Current: 27.5
During the past 4 years, ICOP SpA's highest ROE % was 27.50%. The lowest was 10.49%. And the median was 18.14%.
MIL:ICOP's ROE % is ranked better than 91.11% of 1743
companies
in the Construction industry
Industry Median: 6.69
vs MIL:ICOP: 27.50
ICOP SpA (MIL:ICOP) 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 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.
ICOP SpA ROE % Related Terms
ICOP SpA ROE % Historical Data
* Premium members only.
The historical data trend for ICOP 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 Engineering & Construction subindustry, ICOP 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.
ICOP SpA ROE % vs Construction Industry
For the Construction industry and Industrials sector, ICOP SpA's ROE % distribution charts can be found below:
* The bar in red indicates where ICOP 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 two times the semi-annual (Dec. 2025) net income data.
ROE % is displayed in the 30-year financial page.
ICOP SpA (MIL:ICOP) has a ROE % of 32.60% 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 ICOP SpA and its competitors. This is 80% above median its historical median of 18.14. Over the past decade, ICOP SpA's ROE % has ranged from 10.49 to 27.50. According to the industry distribution chart, ICOP SpA ranks #155 out of 1743 companies in the Construction industry, placing it in the top 8.9%.
Is ICOP SpA's ROE % too high?
ICOP SpA's current ROE % of 32.60% is 80% above median its 10-year median of 18.14. Over the past 10 years, this metric has ranged from a low of 10.49 to a high of 27.50. The Construction industry median ROE % is 6.69. ICOP SpA's value of 32.60% is 387.3% above this industry median. Based on the distribution chart, ICOP SpA ranks #155 out of 1743 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, ICOP SpA has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does ICOP SpA's ROE % compare to PWR and FIX?
According to the Construction industry distribution chart, ICOP SpA ranks #155 out of 1743 companies for ROE %. This places ICOP SpA in the top 9% of its industry — outperforming the majority of peers. The industry median ROE % is 6.69. ICOP SpA's value of 32.60% is 387.3% above this benchmark. Historically, ICOP SpA's own ROE % has ranged from 10.49 to 27.50 over the past decade. While the company's 10-year median is 18.14 vs. the industry median of 6.69, ICOP 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. ICOP SpA's current ROE % of 32.60% is 387.3% 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 ICOP 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. ICOP SpA's current ROE % is 32.60%, which is 80% above median its own 10-year median of 18.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ICOP SpA stock overvalued right now?
ICOP SpA (MIL:ICOP) has a current ROE % of 32.60%. The current ROE % is 32.60%, which is 80% above median its 10-year median of 18.14 and 387.3% above the Construction industry median of 6.69. ICOP SpA's overall GF Score™ is 15/100 with 6 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 ICOP SpA (MIL:ICOP), the current ROE % is 32.60% 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.
ICOP SpA operates domestically and internationally in the construction and engineering works sector. It is engaged in (i) special foundations; (ii) microtunnelling technologies ; (iii) maritime works (specialist works) and carries out, secondarily, (iv) public-private partnership (PPP) works and other infrastructure works.
15GF Score
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