Tenax International SpA (MIL:TNX) ROE %: -51.74% (As of Dec. 2025)


MIL:TNX Tenax International SpA MIL:TNX
45 GF Score
Price €1.10
GF Value €1.75
Valuation Possible Value Trap
! 10 Warning Signs
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What is Tenax International SpA ROE %?

Tenax International SpA MIL:TNX -3.51% 45 ROE % is -51.74% as of Dec. 2025. GuruFocus rates MIL:TNX with a GF Score™ of 45/100 and a GF Value™ of €1.75 (Possible Value Trap). The stock has 10 warning signs investors should review. Among 1,305 Vehicles & Parts companies, Tenax International SpA ranks worse than 93.49% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Tenax International SpA's annualized net income for the quarter that ended in Dec. 2025 was €-3.17 Mil. Tenax International SpA's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was €6.12 Mil. Therefore, Tenax International SpA's annualized ROE % for the quarter that ended in Dec. 2025 was -51.74%.

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

MIL:TNX' s ROE % Range Over the Past 10 Years
Min: -32.34   Med: 5.43   Max: 26.36
Current: -31.46

During the past 8 years, Tenax International SpA's highest ROE % was 26.36%. The lowest was -32.34%. And the median was 5.43%.

MIL:TNX's ROE % is ranked worse than
93.49% of 1305 companies
in the Vehicles & Parts industry
Industry Median: 6.64 vs MIL:TNX: -31.46

Tenax International SpA  (MIL:TNX) 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
=-3.168/6.123
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-3.168 / 14.384)*(14.384 / 24.9525)*(24.9525 / 6.123)
=Net Margin %*Asset Turnover*Equity Multiplier
=-22.02 %*0.5765*4.0752
=ROA %*Equity Multiplier
=-12.69 %*4.0752
=-51.74 %

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
=-3.168/6.123
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-3.168 / -3.186) * (-3.186 / 0.844) * (0.844 / 14.384) * (14.384 / 24.9525) * (24.9525 / 6.123)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9944 * -3.7749 * 5.87 % * 0.5765 * 4.0752
=-51.74 %

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.


Tenax International SpA ROE % Related Terms


Tenax International SpA ROE % Historical Data

* Premium members only.

The historical data trend for Tenax International 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.

Tenax International SpA ROE % Chart

Tenax International SpA Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial 4.59 5.57 10.31 1.25 -32.34

Tenax International SpA Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.43 14.29 -11.81 -13.31 -51.74

MIL:TNX vs TSLA, GM, F: ROE % Comparison

For the Auto Manufacturers subindustry, Tenax International 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.


Tenax International SpA ROE % vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Tenax International SpA's ROE % distribution charts can be found below:

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


MIL:TNX
45GF Score
Tenax International SpA MIL:TNX
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tenax International SpA ROE % Calculation

Tenax International 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 )
=-2.06/( (7.401+5.34)/ 2 )
=-2.06/6.3705
=-32.34 %

Tenax International 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 )
=-3.168/( (6.906+5.34)/ 2 )
=-3.168/6.123
=-51.74 %

* 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 -51.74% mean?
Tenax International SpA (MIL:TNX) has a ROE % of -51.74% 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 Tenax International SpA and its competitors. According to the industry distribution chart, Tenax International SpA ranks #1220 out of 1305 companies in the Vehicles & Parts industry, placing it in the top 93.5%.
Is Tenax International SpA's ROE % too high?
Tenax International SpA's current ROE % is -51.74%. Based on the distribution chart, Tenax International SpA ranks #1220 out of 1305 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Tenax International SpA has a GF Score™ of 45/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Tenax International SpA's ROE % compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Tenax International SpA ranks #1220 out of 1305 companies for ROE %. This places Tenax International SpA in the lower half of its industry. The industry median ROE % is 6.64. 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 Vehicles & Parts company?
The median ROE % among Vehicles & Parts companies is 6.64, based on 1,305 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. 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 Tenax International SpA and its competitors. For the Vehicles & Parts industry, the median ROE % is 6.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tenax International SpA's current ROE % is -51.74%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tenax International SpA stock overvalued right now?
Based on GuruFocus' analysis, Tenax International SpA (MIL:TNX) is currently considered Possible Value Trap. The stock's GF Value™ is €1.75, compared to a current price of €1.10 — trading 37.1% below its estimated fair value. The current ROE % is -51.74%. Tenax International SpA's overall GF Score™ is 45/100 with 10 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 Tenax International SpA (MIL:TNX), the current ROE % is -51.74% 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.

Is Tenax International SpA (MIL:TNX) Overvalued in 2026?

Based on GuruFocus' analysis, Tenax International SpA stock appears to be undervalued. The current stock price of €1.10 is trading 37.1% below its estimated GF Value™ of €1.75. GuruFocus considers Tenax International SpA to be Possible Value Trap.

Key valuation signals for MIL:TNX:

  • ROE %: -51.74%
  • GF Value™: €1.75 vs. price of €1.10 (37.1% below fair value)
  • GF Score™: 45/100 with 10 warning signs

No single metric tells the full story. See the MIL:TNX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tenax International SpA Business Description

Other Exchanges 7IH:Germany
Address Via Balduina 3, Rio Saliceto, ITA, 42010
Tenax International SpA is engaged in designing and production of low-voltage electric road sweepers and street washers in Italy. The company also offers pre-owned street washers and road sweepers.
45GF Score

Get the complete analysis for MIL:TNX

ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€1.10
Price
€1.75
GF Value