Gruppo Green Power SpA (MIL:GGP) Tax Rate %: 0.45% (As of Jun. 2020)


MIL:GGP Gruppo Green Power SpA MIL:GGP
4 GF Score
Price €4.59
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What is Gruppo Green Power SpA Tax Rate %?

Gruppo Green Power SpA MIL:GGP 4 Tax Rate % is 0.45% as of Jun. 2020. GuruFocus rates MIL:GGP with a GF Score™ of 4/100.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Gruppo Green Power SpA's Tax Expense for the six months ended in Jun. 2020 was €-0.01 Mil. Gruppo Green Power SpA's Pre-Tax Income for the six months ended in Jun. 2020 was €-3.10 Mil. Therefore, Gruppo Green Power SpA's Tax Rate % for the quarter that ended in Jun. 2020 was 0.45%.

Gruppo Green Power SpA Tax Rate % Related Terms

Gruppo Green Power SpA Tax Rate % Historical Data

* Premium members only.

The historical data trend for Gruppo Green Power 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.

Gruppo Green Power SpA Tax Rate % Chart

Gruppo Green Power SpA Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Tax Rate %
Get a 7-Day Free Trial Premium Member Only 4.82 11.02 -1.43 51.13 -11.84

Gruppo Green Power SpA Semi-Annual Data
Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20
Tax Rate % 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 -11.70 64.61 44.50 0.47 0.45
MIL:GGP
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Gruppo Green Power SpA MIL:GGP
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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Gruppo Green Power SpA Tax Rate % Calculation

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

Gruppo Green Power SpA's Tax Rate % for the fiscal year that ended in Dec. 2019 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2019 )/Pre-Tax Income (A: Dec. 2019 )
=0.273/-2.305
=-11.84 %

Gruppo Green Power SpA's Tax Rate % for the quarter that ended in Jun. 2020 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2020 )/Pre-Tax Income (Q: Jun. 2020 )
=-0.014/-3.1
=0.45 %

* 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 0.45% mean?
Gruppo Green Power SpA (MIL:GGP) has a Tax Rate % of 0.45% as of Jun. 2020.
Is Gruppo Green Power SpA's Tax Rate % too high?
Gruppo Green Power SpA's current Tax Rate % is 0.45%. Overall, Gruppo Green Power SpA has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Gruppo Green Power SpA's Tax Rate % compare to ENPH and SEDG?
Gruppo Green Power SpA's Tax Rate % of 0.45% can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Tax Rate % depends on the Semiconductors 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. Gruppo Green Power SpA's current Tax Rate % is 0.45%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gruppo Green Power SpA stock overvalued right now?
Gruppo Green Power SpA (MIL:GGP) has a current Tax Rate % of 0.45%. The current Tax Rate % is 0.45%. Gruppo Green Power SpA's overall GF Score™ is 4/100. 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 Gruppo Green Power SpA (MIL:GGP), the current Tax Rate % is 0.45% as of Jun. 2020. 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.

Gruppo Green Power SpA Business Description

Address Via Varotara 57, Mirano, ITA, 30035
Gruppo Green Power SpA provides services related to energy from renewable resources, such as water, sun, wind and geothermal energy. It offers photovoltaic systems, mini wind solar thermal systems and services.
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