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10-Year Return on Invested Incremental Capital (10-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 10-year.
Technical Publications Service SpA's 10-Year ROIIC % for the quarter that ended in Dec. 2025 was 15.33%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
MIL:TPS's 10-Year ROIIC % is ranked better than 80.9% of 796
companies
in the Transportation industry
Industry Median: 3.795
vs MIL:TPS: 15.33
Technical Publications Service SpA (MIL:TPS) 10-Year ROIIC % Explanation
Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.
High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Be Aware
It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.
Technical Publications Service SpA 10-Year ROIIC % Related Terms
Technical Publications Service SpA 10-Year ROIIC % 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.
Technical Publications Service SpA 10-Year ROIIC % Chart
For the Airports & Air Services subindustry, Technical Publications Service SpA's 10-Year ROIIC %, along with its competitors' market caps and 10-Year ROIIC % 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 10-Year ROIIC % vs Transportation Industry
For the Transportation industry and Industrials sector, Technical Publications Service SpA's 10-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Technical Publications Service SpA's 10-Year ROIIC % falls into.
10-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
10-Year Incremental Invested Capital**
=
( 5.350433 (Dec. 2025) - 0.6627772 (Dec. 2015) )
/
( 31.767 (Dec. 2025) - 1.192 (Dec. 2015) )
=
4.6876558
/
30.575
=
15.33%***
* 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.
** Annual data of NOPAT and Invested Capital was used to calculate 10-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.
Technical Publications Service SpA (MIL:TPS) has a 10-Year ROIIC % of 15.33 as of Dec. 2025. 10-Year ROIIC % measures the change in earnings as a percentage of change in investment over 10-year. View historical data on Technical Publications Service SpA and its competitors. According to the industry distribution chart, Technical Publications Service SpA ranks #152 out of 796 companies in the Transportation industry, placing it in the top 19.1%.
Is Technical Publications Service SpA's 10-Year ROIIC % too high?
Technical Publications Service SpA's current 10-Year ROIIC % is 15.33. The Transportation industry median 10-Year ROIIC % is 3.80. Technical Publications Service SpA's value of 15.33 is 304% above this industry median. Based on the distribution chart, Technical Publications Service SpA ranks #152 out of 796 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. 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 10-Year ROIIC % compare to JOBY and CAAP?
According to the Transportation industry distribution chart, Technical Publications Service SpA ranks #152 out of 796 companies for 10-Year ROIIC %. This places Technical Publications Service SpA in the top 19% of its industry — outperforming the majority of peers. The industry median 10-Year ROIIC % is 3.80. Technical Publications Service SpA's value of 15.33 is 304% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 10-Year ROIIC % for a Transportation company?
The median 10-Year ROIIC % among Transportation companies is 3.80, based on 796 companies in the industry. Companies in the top quartile (top 25%) have a 10-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 10-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Technical Publications Service SpA's current 10-Year ROIIC % of 15.33 is 304% 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 10-Year ROIIC % mean?
A high 10-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 10-Year ROIIC % measures the change in earnings as a percentage of change in investment over 10-year. View historical data on Technical Publications Service SpA and its competitors. For the Transportation industry, the median 10-Year ROIIC % is 3.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Technical Publications Service SpA's current 10-Year ROIIC % is 15.33. 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 10-Year ROIIC % is 15.33 and 304% above the Transportation industry median of 3.80. 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 10-Year ROIIC % calculated?
10-Year ROIIC % is calculated from a company's financial statements. For Technical Publications Service SpA (MIL:TPS), the current 10-Year ROIIC % is 15.33 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:
10-Year ROIIC %: 15.33
GF Value™: €7.25 vs. price of €8.45 (16.6% above fair value)
Industry Position: 304% above the Transportation median (#152 of 796)
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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