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Technical Publications Service SpAMIL:TPS 94 ROE % is 12.39% as of Dec. 2025, which is 9% below its 10-year median of 13.60. GuruFocus rates MIL:TPS with a GF Score™ of 94/100 and a GF Value™ of €7.25 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 986 Transportation companies, Technical Publications Service SpA ranks better than 68.56% on this metric.
MIL:TPS'
s ROE % Range Over the Past 10 Years
Min: 7.62 Med: 13.6 Max: 113.27
Current: 12.09
During the past 11 years, Technical Publications Service SpA's highest ROE % was 113.27%. The lowest was 7.62%. And the median was 13.60%.
MIL:TPS's ROE % is ranked better than 68.56% of 986
companies
in the Transportation industry
Industry Median: 7.61
vs MIL:TPS: 12.09
Technical Publications Service SpA (MIL:TPS) 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.
Technical Publications Service SpA ROE % Related Terms
Technical Publications Service SpA ROE % Historical Data
* 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 Airports & Air Services subindustry, Technical Publications Service 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.
Technical Publications Service SpA ROE % vs Transportation Industry
For the Transportation industry and Industrials sector, Technical Publications Service SpA's ROE % distribution charts can be found below:
* The bar in red indicates where Technical Publications Service 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.
Technical Publications Service SpA (MIL:TPS) has a ROE % of 12.39% 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 Technical Publications Service SpA and its competitors. This is near median its historical median of 13.60. Over the past decade, Technical Publications Service SpA's ROE % has ranged from 7.62 to 113.27. According to the industry distribution chart, Technical Publications Service SpA ranks #310 out of 986 companies in the Transportation industry, placing it in the top 31.4%.
Is Technical Publications Service SpA's ROE % too high?
Technical Publications Service SpA's current ROE % of 12.39% is near median its 10-year median of 13.60. Over the past 10 years, this metric has ranged from a low of 7.62 to a high of 113.27. The Transportation industry median ROE % is 7.61. Technical Publications Service SpA's value of 12.39% is 62.8% above this industry median. Based on the distribution chart, Technical Publications Service SpA ranks #310 out of 986 companies in the Transportation industry, which is above the industry midpoint. Overall, Technical Publications Service SpA has a GF Score™ of 94/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Technical Publications Service SpA's ROE % compare to JOBY and CAAP?
According to the Transportation industry distribution chart, Technical Publications Service SpA ranks #310 out of 986 companies for ROE %. This puts Technical Publications Service SpA in the upper half of its industry. The industry median ROE % is 7.61. Technical Publications Service SpA's value of 12.39% is 62.8% above this benchmark. Historically, Technical Publications Service SpA's own ROE % has ranged from 7.62 to 113.27 over the past decade. While the company's 10-year median is 13.60 vs. the industry median of 7.61, Technical Publications Service 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 Transportation company?
The median ROE % among Transportation companies is 7.61, based on 986 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. Technical Publications Service SpA's current ROE % of 12.39% is 62.8% 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 Technical Publications Service SpA and its competitors. For the Transportation industry, the median ROE % is 7.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Technical Publications Service SpA's current ROE % is 12.39%, which is near median its own 10-year median of 13.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Technical Publications Service SpA stock overvalued right now?
Based on GuruFocus' analysis, Technical Publications Service SpA (MIL:TPS) is currently considered Modestly Overvalued. The stock's GF Value™ is €7.25, compared to a current price of €8.45 — trading 16.6% above its estimated fair value. The current ROE % is 12.39%, which is near median its 10-year median of 13.60 and 62.8% above the Transportation industry median of 7.61. Technical Publications Service SpA's overall GF Score™ is 94/100 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 Technical Publications Service SpA (MIL:TPS), the current ROE % is 12.39% 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 Technical Publications Service SpA (MIL:TPS) Overvalued in 2026?
Based on GuruFocus' analysis, Technical Publications Service SpA stock appears to be overvalued.
The current stock price of €8.45 is trading 16.6% above its estimated GF Value™ of €7.25.
GuruFocus considers Technical Publications Service SpA to be Modestly Overvalued.
Key valuation signals for MIL:TPS:
ROE %: 12.39% (near median its 10-year median of 13.60)
GF Value™: €7.25 vs. price of €8.45 (16.6% above fair value)
Industry Position: 62.8% above the Transportation median (#310 of 986)
No single metric tells the full story. See the MIL:TPS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Technical Publications Service SpA Business Description
Technical Publications Service SpA provides technical publications services to the aerospace industry. The company creates logistical support, use and maintenance manuals, spare parts catalogs, after-sales support documents, etc.
94GF Score
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