Seco SpA (MIL:IOT) Tax Rate %: 38.92% (As of Mar. 2026)

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MIL:IOT Seco SpA MIL:IOT
81 GF Score
Price €3.57
GF Value €3.10
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Seco SpA Tax Rate %?

Seco SpA MIL:IOT +5.94% 81 Tax Rate % is 38.92% as of Mar. 2026. GuruFocus rates MIL:IOT with a GF Score™ of 81/100 and a GF Value™ of €3.10 (Modestly Overvalued). The stock has 8 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Seco SpA's Tax Expense for the three months ended in Mar. 2026 was €0.3 Mil. Seco SpA's Pre-Tax Income for the three months ended in Mar. 2026 was €0.7 Mil. Therefore, Seco SpA's Tax Rate % for the quarter that ended in Mar. 2026 was 38.92%.

Seco SpA Tax Rate % Related Terms

Seco SpA Tax Rate % Historical Data

* Premium members only.

The historical data trend for Seco 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.

Seco SpA Tax Rate % Chart

Seco SpA Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Rate %
Get a 7-Day Free Trial 14.11 14.62 23.93 -6.66 74.15

Seco SpA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 Premium Member Only Premium Member Only -49.58 10.99 26.50 5.31 38.92
MIL:IOT
81GF Score
Seco SpA MIL:IOT
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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Seco SpA Tax Rate % Calculation

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

Seco 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 )
=1.426/1.923
=74.15 %

Seco SpA's Tax Rate % for the quarter that ended in Mar. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2026 )/Pre-Tax Income (Q: Mar. 2026 )
=0.288/0.74
=38.92 %

* 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 38.92% mean?
Seco SpA (MIL:IOT) has a Tax Rate % of 38.92% as of Mar. 2026.
Is Seco SpA's Tax Rate % too high?
Seco SpA's current Tax Rate % is 38.92%. Overall, Seco SpA has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Seco SpA's Tax Rate % compare to DELL and ANET?
Seco SpA's Tax Rate % of 38.92% can be compared against companies in the Hardware 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 Hardware company?
A good Tax Rate % depends on the Hardware 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. Seco SpA's current Tax Rate % is 38.92%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Seco SpA stock overvalued right now?
Based on GuruFocus' analysis, Seco SpA (MIL:IOT) is currently considered Modestly Overvalued. The stock's GF Value™ is €3.10, compared to a current price of €3.57 — trading 15% above its estimated fair value. The current Tax Rate % is 38.92%. Seco SpA's overall GF Score™ is 81/100 with 8 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 Seco SpA (MIL:IOT), the current Tax Rate % is 38.92% 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 Seco SpA (MIL:IOT) Overvalued in 2026?

Based on GuruFocus' analysis, Seco SpA stock appears to be overvalued. The current stock price of €3.57 is trading 15% above its estimated GF Value™ of €3.10. GuruFocus considers Seco SpA to be Modestly Overvalued.

Key valuation signals for MIL:IOT:

  • Tax Rate %: 38.92%
  • GF Value™: €3.10 vs. price of €3.57 (15% above fair value)
  • GF Score™: 81/100 with 8 warning signs

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

Seco SpA Business Description

Other Exchanges 7GV:Germany
Address Via Achille Grandi 20, Arezzo, ITA, 52100
Seco SpA is engaged in designing and developing embedded computing solutions and technologies for the digitization of industrial products, focusing on Edge Computing, Internet of Things (IoT), and Artificial Intelligence (AI). The group mainly serves industrial OEMs and system integrators through a business-to-business model, offering both hardware solutions-such as modules, single board computers, and HMI systems-and its proprietary Clea IoT-AI software platform for connectivity, device management, and AI deployment. The company operates through two segments: Seco and Seco NE.
81GF Score

Get the complete analysis for MIL:IOT

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

€3.57
Price
€3.10
GF Value