Otofarma SpA (MIL:OTO) Tax Rate %: 58.66% (As of Dec. 2024)


MIL:OTO Otofarma SpA MIL:OTO
16 GF Score
Price €2.70
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What is Otofarma SpA Tax Rate %?

Otofarma SpA MIL:OTO -2.17% 16 Tax Rate % is 58.66% as of Dec. 2024. GuruFocus rates MIL:OTO with a GF Score™ of 16/100. The stock has 1 warning sign investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Otofarma SpA's Tax Expense for the six months ended in Dec. 2024 was €0.99 Mil. Otofarma SpA's Pre-Tax Income for the six months ended in Dec. 2024 was €1.68 Mil. Therefore, Otofarma SpA's Tax Rate % for the quarter that ended in Dec. 2024 was 58.66%.

Otofarma SpA Tax Rate % Related Terms

Otofarma SpA Tax Rate % Historical Data

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The historical data trend for Otofarma 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.

Otofarma SpA Tax Rate % Chart

Otofarma SpA Annual Data
Trend Dec23 Dec24
Tax Rate %
47.02 58.66

Otofarma SpA Semi-Annual Data
Dec23 Dec24
Tax Rate % 47.02 58.66
MIL:OTO
16GF Score
Otofarma SpA MIL:OTO
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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Otofarma SpA Tax Rate % Calculation

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

Otofarma SpA's Tax Rate % for the fiscal year that ended in Dec. 2024 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2024 )/Pre-Tax Income (A: Dec. 2024 )
=0.986/1.681
=58.66 %

Otofarma SpA's Tax Rate % for the quarter that ended in Dec. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2024 )/Pre-Tax Income (Q: Dec. 2024 )
=0.986/1.681
=58.66 %

* 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 58.66% mean?
Otofarma SpA (MIL:OTO) has a Tax Rate % of 58.66% as of Dec. 2024.
Is Otofarma SpA's Tax Rate % too high?
Otofarma SpA's current Tax Rate % is 58.66%. Overall, Otofarma SpA has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Otofarma SpA's Tax Rate % compare to ABT and SYK?
Otofarma SpA's Tax Rate % of 58.66% can be compared against companies in the Medical Devices & Instruments 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 Medical Devices & Instruments company?
A good Tax Rate % depends on the Medical Devices & Instruments 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. Otofarma SpA's current Tax Rate % is 58.66%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Otofarma SpA stock overvalued right now?
Otofarma SpA (MIL:OTO) has a current Tax Rate % of 58.66%. The current Tax Rate % is 58.66%. Otofarma SpA's overall GF Score™ is 16/100 with 1 warning sign 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 Otofarma SpA (MIL:OTO), the current Tax Rate % is 58.66% as of Dec. 2024. 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.

Otofarma SpA Business Description

Address Ripuaria Way, 50k, Marina di Varcaturo, Naples, ITA, 80014
Otofarma SpA is engaged in the construction and production of hearing aids, is constantly growing in the audiological field to provide adequate responses to every type of hearing aid need to its customers who require the possible personalized application of custom-made hearing aids. It provides otoacoustic medical devices and TELEMEDICINE services exclusively in affiliated pharmacies, possessing a portfolio of Instrumental IT patents.
16GF Score

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

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