Bellini Nautica SpA (MIL:BELL) Tax Rate %: -214.29% (As of Dec. 2025)

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:BELL Bellini Nautica SpA MIL:BELL
72 GF Score
Price €3.04
GF Value €5.14
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is Bellini Nautica SpA Tax Rate %?

Bellini Nautica SpA MIL:BELL +1.33% 72 Tax Rate % is -214.29% as of Dec. 2025. GuruFocus rates MIL:BELL with a GF Score™ of 72/100 and a GF Value™ of €5.14 (Significantly Undervalued). The stock has 4 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Bellini Nautica SpA's Tax Expense for the six months ended in Dec. 2025 was €0.02 Mil. Bellini Nautica SpA's Pre-Tax Income for the six months ended in Dec. 2025 was €-0.01 Mil. Therefore, Bellini Nautica SpA's Tax Rate % for the quarter that ended in Dec. 2025 was -214.29%.


Bellini Nautica SpA Tax Rate % Related Terms


Bellini Nautica SpA Tax Rate % Historical Data

* Premium members only.

The historical data trend for Bellini Nautica SpA's Tax Rate % 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.

Bellini Nautica SpA Tax Rate % Chart

Bellini Nautica SpA Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Rate %
Get a 7-Day Free Trial 31.72 39.82 -6.17 616.13 51.52

Bellini Nautica SpA Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only 44.01 38.16 -3.99 42.44 -214.29
MIL:BELL
72GF Score
Bellini Nautica SpA MIL:BELL
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bellini Nautica SpA Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Bellini Nautica SpA's Tax Rate % for the fiscal year that ended in Dec. 2025 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2025 )/Pre-Tax Income (A: Dec. 2025 )
=0.102/0.198
=51.52 %

Bellini Nautica SpA's Tax Rate % for the quarter that ended in Dec. 2025 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2025 )/Pre-Tax Income (Q: Dec. 2025 )
=0.015/-0.007
=-214.29 %

* 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 Rate % →
What does a Tax Rate % of -214.29% mean?
Bellini Nautica SpA (MIL:BELL) has a Tax Rate % of -214.29% as of Dec. 2025.
Is Bellini Nautica SpA's Tax Rate % too high?
Bellini Nautica SpA's current Tax Rate % is -214.29%. Overall, Bellini Nautica SpA has a GF Score™ of 72/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bellini Nautica SpA's Tax Rate % compare to BC and PII?
Bellini Nautica SpA's Tax Rate % of -214.29% can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for a Vehicles & Parts company?
A good Tax Rate % depends on the Vehicles & Parts industry context. However, Tax Rate % 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 Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Bellini Nautica SpA's current Tax Rate % is -214.29%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bellini Nautica SpA stock overvalued right now?
Based on GuruFocus' analysis, Bellini Nautica SpA (MIL:BELL) is currently considered Significantly Undervalued. The stock's GF Value™ is €5.14, compared to a current price of €3.04 — trading 40.9% below its estimated fair value. The current Tax Rate % is -214.29%. Bellini Nautica SpA's overall GF Score™ is 72/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Bellini Nautica SpA (MIL:BELL), the current Tax Rate % is -214.29% 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 Bellini Nautica SpA (MIL:BELL) Overvalued in 2026?

Based on GuruFocus' analysis, Bellini Nautica SpA stock appears to be undervalued. The current stock price of €3.04 is trading 40.9% below its estimated GF Value™ of €5.14. GuruFocus considers Bellini Nautica SpA to be Significantly Undervalued.

Key valuation signals for MIL:BELL:

  • Tax Rate %: -214.29%
  • GF Value™: €5.14 vs. price of €3.04 (40.9% below fair value)
  • GF Score™: 72/100 with 4 warning signs

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


Bellini Nautica SpA Business Description

Other Exchanges F2F:Germany
Address Via Carlo Lanza, 28, Clusane d'Iseo, Brescia, ITA, 25049
Bellini Nautica SpA offers recreational vehicles. It specializes in the commercialization of high-end pleasure boats, with its offerings spanning different kinds of boats such as the Bellini yachts like B Atelier and Astor 36, and Vintage Riva boats like Florida Shore, Riva Junior, Sebino Shore, and others. The company also offers boat-related maintenance and restoration services.
72GF Score

Get the complete analysis for MIL:BELL

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

€3.04
Price
€5.14
GF Value