SIT SpA (MIL:SIT) Tax Provision: €-3.3 Mil (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MIL:SIT SIT SpA MIL:SIT
63 GF Score
Price €2.16
GF Value €1.94
Valuation Modestly Overvalued
! 2 Warning Signs
View Full Analysis

What is SIT SpA Tax Provision?

SIT SpA MIL:SIT -3.57% 63 Tax Provision is €-3.3 Mil as of Mar. 2026. GuruFocus rates MIL:SIT with a GF Score™ of 63/100 and a GF Value™ of €1.94 (Modestly Overvalued). The stock has 2 warning signs investors should review.

SIT SpA's tax provision for the three months ended in Mar. 2026 was €-0.6 Mil. Its tax provision for the trailing twelve months (TTM) ended in Mar. 2026 was €-3.3 Mil.

SIT SpA Tax Provision Historical Data

* Premium members only.

The historical data trend for SIT SpA's Tax Provision 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.

SIT SpA Tax Provision Chart

SIT SpA Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Provision
Get a 7-Day Free Trial Premium Member Only -3.46 -2.36 7.91 -10.87 -3.48

SIT SpA Quarterly Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Tax Provision Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.79 -1.26 -1.32 -0.11 -0.62
MIL:SIT
63GF Score
SIT SpA MIL:SIT
Tax Provision is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SIT SpA Tax Provision Calculation

Tax to be paid.

Tax Provision for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €-3.3 Mil.

* 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.

Frequently Asked Questions Learn more about Tax Provision →
What does a Tax Provision of €-3.3 Mil mean?
SIT SpA (MIL:SIT) has a Tax Provision of €-3.3 Mil as of Mar. 2026. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on SIT SpA and its competitors.
Is SIT SpA's Tax Provision too high?
SIT SpA's current Tax Provision is €-3.3 Mil. Overall, SIT SpA has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SIT SpA's Tax Provision compare to GEV and ETN?
SIT SpA's Tax Provision of €-3.3 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Provision for an Industrial Products company?
A good Tax Provision depends on the Industrial Products industry context. However, Tax Provision 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 Tax Provision mean?
A high Tax Provision can signal that a stock is expensive relative to its fundamentals. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on SIT SpA and its competitors. SIT SpA's current Tax Provision is €-3.3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SIT SpA stock overvalued right now?
Based on GuruFocus' analysis, SIT SpA (MIL:SIT) is currently considered Modestly Overvalued. The stock's GF Value™ is €1.94, compared to a current price of €2.16 — trading 11.3% above its estimated fair value. The current Tax Provision is €-3.3 Mil. SIT SpA's overall GF Score™ is 63/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Provision calculated?
Tax Provision is calculated from a company's financial statements. For SIT SpA (MIL:SIT), the current Tax Provision is €-3.3 Mil as of Mar. 2026. 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 SIT SpA (MIL:SIT) Overvalued in 2026?

Based on GuruFocus' analysis, SIT SpA stock appears to be overvalued. The current stock price of €2.16 is trading 11.3% above its estimated GF Value™ of €1.94. GuruFocus considers SIT SpA to be Modestly Overvalued.

Key valuation signals for MIL:SIT:

  • Tax Provision: €-3.3 Mil
  • GF Value™: €1.94 vs. price of €2.16 (11.3% above fair value)
  • GF Score™: 63/100 with 2 warning signs

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

SIT SpA Business Description

Address Viale A. Volta, 2, Cusago, Milan, ITA, 20090
SIT SpA is engaged in the manufacture of industrial products. The company products include timing belt drives, polyurethane belt drives, V-belt drives, POLY-V belt drives, flat belt drives, chain drives, couplings, locking devices, bearing units and rod ends, antivibration mounts, and electronic equipment, motor bases, tensioners, and TEN-SIT. The company exports its products to Spain, France, Germany, Switzerland, the USA, and China.
63GF Score

Get the complete analysis for MIL:SIT

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

€2.16
Price
€1.94
GF Value