Space Hellas RATH:SPACE +5.31%83 Gross Margin % is 18.51% as of Dec. 2025, which is 11% below its 10-year median of 20.78. GuruFocus rates ATH:SPACE with a GF Score™ of 83/100 and a GF Value™ of €8.02 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 2,683 Software companies, Space Hellas R ranks worse than 78.61% on this metric.
The historical rank and industry rank for Space Hellas R's Gross Margin % or its related term are showing as below:
ATH:SPACE'
s Gross Margin % Range Over the Past 10 Years
Min: 17.97 Med: 20.78 Max: 27.13
Current: 20.7
During the past 13 years, the highestGross Margin % of Space Hellas R was 27.13%. The lowest was 17.97%. And the median was 20.78%.
ATH:SPACE's Gross Margin % is ranked worse than 78.61% of 2683
companies
in the Software industry
Industry Median: 40.45
vs ATH:SPACE: 20.70
Space Hellas R had a gross margin of 18.51% for the quarter that ended in Dec. 2025 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Space Hellas R was 0.30% per year.
Space Hellas R (ATH:SPACE) Gross Margin % Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Space Hellas R had a gross margin of 18.51% for the quarter that ended in Dec. 2025 => No sustainable competitive advantage
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
Space Hellas R Gross Margin % Related Terms
Space Hellas R Gross Margin % Historical Data
* Premium members only.
The historical data trend for Space Hellas R's Gross Margin % 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.
ATH:SPACE vs CRM, SHOP, UBER: Gross Margin % Comparison
For the Software - Application subindustry, Space Hellas R's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Space Hellas R Gross Margin % vs Software Industry
For the Software industry and Technology sector, Space Hellas R's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Space Hellas R's Gross Margin % falls into.
* 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.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Space Hellas R (ATH:SPACE) has a Gross Margin % of 18.51% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Space Hellas R and its competitors. This is 11% below median its historical median of 20.78. Over the past decade, Space Hellas R's Gross Margin % has ranged from 17.97 to 27.13. According to the industry distribution chart, Space Hellas R ranks #2109 out of 2683 companies in the Software industry, placing it in the top 78.6%.
Is Space Hellas R's Gross Margin % too high?
Space Hellas R's current Gross Margin % of 18.51% is 11% below median its 10-year median of 20.78. Over the past 10 years, this metric has ranged from a low of 17.97 to a high of 27.13. The Software industry median Gross Margin % is 40.45. Space Hellas R's value of 18.51% is 54.2% below this industry median. Based on the distribution chart, Space Hellas R ranks #2109 out of 2683 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Space Hellas R has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Space Hellas R's Gross Margin % compare to CRM and SHOP?
According to the Software industry distribution chart, Space Hellas R ranks #2109 out of 2683 companies for Gross Margin %. This places Space Hellas R in the lower half of its industry. The industry median Gross Margin % is 40.45. Space Hellas R's value of 18.51% is 54.2% below this benchmark. Historically, Space Hellas R's own Gross Margin % has ranged from 17.97 to 27.13 over the past decade. While the company's 10-year median is 20.78 vs. the industry median of 40.45, Space Hellas R has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Software company?
The median Gross Margin % among Software companies is 40.45, based on 2,683 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Space Hellas R's current Gross Margin % of 18.51% is 54.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Space Hellas R and its competitors. For the Software industry, the median Gross Margin % is 40.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Space Hellas R's current Gross Margin % is 18.51%, which is 11% below median its own 10-year median of 20.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Space Hellas R stock overvalued right now?
Based on GuruFocus' analysis, Space Hellas R (ATH:SPACE) is currently considered Modestly Undervalued. The stock's GF Value™ is €8.02, compared to a current price of €7.14 — trading 11% below its estimated fair value. The current Gross Margin % is 18.51%, which is 11% below median its 10-year median of 20.78 and 54.2% below the Software industry median of 40.45. Space Hellas R's overall GF Score™ is 83/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Space Hellas R (ATH:SPACE), the current Gross Margin % is 18.51% 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 Space Hellas R (ATH:SPACE) Overvalued in 2026?
Based on GuruFocus' analysis, Space Hellas R stock appears to be undervalued.
The current stock price of €7.14 is trading 11% below its estimated GF Value™ of €8.02.
GuruFocus considers Space Hellas R to be Modestly Undervalued.
Key valuation signals for ATH:SPACE:
Gross Margin %: 18.51% (11% below median its 10-year median of 20.78)
GF Value™: €8.02 vs. price of €7.14 (11% below fair value)
Industry Position: 54.2% below the Software median (#2109 of 2683)
No single metric tells the full story. See the ATH:SPACE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Space Hellas R is principally engaged in the business of Telecommunications, IT, Security Systems & Services. The company has three main segments are namely Telecommunications, IT, Security Systems & Services. The company is based in Greece. Approximately 70% revenues derived from Telecommunications and IT sectors. Geographically it operates through the region of Greece. Approximately 70% revenues derived from Telecommunications and IT.
83GF Score
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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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