Kaleon SPAMIL:KLN -0.24%18 ROE % is 3.17% as of Dec. 2025, which is 89% below its 10-year median of 28.10. GuruFocus rates MIL:KLN with a GF Score™ of 18/100. The stock has 2 warning signs investors should review. Among 822 Travel & Leisure companies, Kaleon SPA ranks better than 68.37% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Kaleon SPA's annualized net income for the quarter that ended in Dec. 2025 was €0.54 Mil. Kaleon SPA's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was €16.91 Mil. Therefore, Kaleon SPA's annualized ROE % for the quarter that ended in Dec. 2025 was 3.17%.
The historical rank and industry rank for Kaleon SPA's ROE % or its related term are showing as below:
MIL:KLN'
s ROE % Range Over the Past 10 Years
Min: 9.56 Med: 28.1 Max: 61.57
Current: 11.65
During the past 3 years, Kaleon SPA's highest ROE % was 61.57%. The lowest was 9.56%. And the median was 28.10%.
MIL:KLN's ROE % is ranked better than 68.37% of 822
companies
in the Travel & Leisure industry
Industry Median: 5.45
vs MIL:KLN: 11.65
Kaleon SPA (MIL:KLN) 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.
Kaleon SPA ROE % Related Terms
Kaleon SPA ROE % Historical Data
* Premium members only.
The historical data trend for Kaleon 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.
Kaleon SPA ROE % Chart
Kaleon SPA Annual Data
Trend
Dec23
Dec24
Dec25
ROE %
61.57
28.10
9.56
Kaleon SPA Semi-Annual Data
Dec23
Jun24
Dec24
Jun25
Dec25
ROE %
0.00
30.88
26.00
37.43
3.17
MIL:KLN vs BKNG, ABNB, RCL: ROE % Comparison
For the Travel Services subindustry, Kaleon 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.
Kaleon SPA ROE % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Kaleon SPA's ROE % distribution charts can be found below:
* The bar in red indicates where Kaleon 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.
Kaleon SPA (MIL:KLN) has a ROE % of 3.17% 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 Kaleon SPA and its competitors. This is 89% below median its historical median of 28.10. Over the past decade, Kaleon SPA's ROE % has ranged from 9.56 to 61.57. According to the industry distribution chart, Kaleon SPA ranks #260 out of 822 companies in the Travel & Leisure industry, placing it in the top 31.6%.
Is Kaleon SPA's ROE % too high?
Kaleon SPA's current ROE % of 3.17% is 89% below median its 10-year median of 28.10. Over the past 10 years, this metric has ranged from a low of 9.56 to a high of 61.57. The Travel & Leisure industry median ROE % is 5.45. Kaleon SPA's value of 3.17% is 41.8% below this industry median. Based on the distribution chart, Kaleon SPA ranks #260 out of 822 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Kaleon SPA has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Kaleon SPA's ROE % compare to BKNG and ABNB?
According to the Travel & Leisure industry distribution chart, Kaleon SPA ranks #260 out of 822 companies for ROE %. This puts Kaleon SPA in the upper half of its industry. The industry median ROE % is 5.45. Kaleon SPA's value of 3.17% is 41.8% below this benchmark. Historically, Kaleon SPA's own ROE % has ranged from 9.56 to 61.57 over the past decade. While the company's 10-year median is 28.10 vs. the industry median of 5.45, Kaleon SPA has consistently been below 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 Travel & Leisure company?
The median ROE % among Travel & Leisure companies is 5.45, based on 822 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. Kaleon SPA's current ROE % of 3.17% is 41.8% below 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 Kaleon SPA and its competitors. For the Travel & Leisure industry, the median ROE % is 5.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kaleon SPA's current ROE % is 3.17%, which is 89% below median its own 10-year median of 28.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kaleon SPA stock overvalued right now?
Kaleon SPA (MIL:KLN) has a current ROE % of 3.17%. The current ROE % is 3.17%, which is 89% below median its 10-year median of 28.10 and 41.8% below the Travel & Leisure industry median of 5.45. Kaleon SPA's overall GF Score™ is 18/100 with 2 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 Kaleon SPA (MIL:KLN), the current ROE % is 3.17% 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.
Kaleon SPA is a company specialized in the operational, administrative, and marketing management of both proprietary and third-parties' prominent cultural and tourist sites. It directly oversees the activities of the Terre Borromeo, the brand which identifies the portfolio of cultural and natural sites historically linked to the Borromeo Family located in the Lake Maggiore area. These include iconic destinations such as Isola Bella, Isola Madre, Rocca di Angera, Parco Pallavicino, Parco del Mottarone and Castelli di Cannero, blending culture, nature, and art with an extensive range of services (i.e., hospitality and leisure services) to offer visitors a full and memorable experience.
18GF Score
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