Seco SpA (FRA:7GV) Gross Margin %: 38.64% (As of Mar. 2026) — 19% Below Median


FRA:7GV Seco SpA FRA:7GV
86 GF Score
Price €3.14
GF Value €2.98
Valuation Fairly Valued
! 7 Warning Signs
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What is Seco SpA Gross Margin %?

Seco SpA FRA:7GV +1.62% 86 Gross Margin % is 38.64% as of Mar. 2026, which is 19% below its 10-year median of 47.76. GuruFocus rates FRA:7GV with a GF Score™ of 86/100 and a GF Value™ of €2.98 (Fairly Valued). The stock has 7 warning signs investors should review. Among 2,454 Hardware companies, Seco SpA ranks better than 90.18% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Seco SpA's Gross Profit for the three months ended in Mar. 2026 was €18.9 Mil. Seco SpA's Revenue for the three months ended in Mar. 2026 was €49.0 Mil. Therefore, Seco SpA's Gross Margin % for the quarter that ended in Mar. 2026 was 38.64%.


The historical rank and industry rank for Seco SpA's Gross Margin % or its related term are showing as below:

FRA:7GV' s Gross Margin % Range Over the Past 10 Years
Min: 45.19   Med: 47.76   Max: 53.99
Current: 53.99


During the past 8 years, the highest Gross Margin % of Seco SpA was 53.99%. The lowest was 45.19%. And the median was 47.76%.

FRA:7GV's Gross Margin % is ranked better than
90.18% of 2454 companies
in the Hardware industry
Industry Median: 24.565 vs FRA:7GV: 53.99

Seco SpA had a gross margin of 38.64% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Seco SpA was 2.60% per year.


Seco SpA  (FRA:7GV) 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

Seco SpA had a gross margin of 38.64% for the quarter that ended in Mar. 2026 => Competition eroding margins


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.


Seco SpA Gross Margin % Related Terms


Seco SpA Gross Margin % Historical Data

* Premium members only.

The historical data trend for Seco SpA'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.

Seco SpA Gross Margin % Chart

Seco SpA Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial 47.91 47.35 53.00 50.71 53.86

Seco SpA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % 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 37.88 68.41 9.27 96.34 38.64

FRA:7GV vs SNDK, DELL, STX: Gross Margin % Comparison

For the Computer Hardware subindustry, Seco SpA'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.


Seco SpA Gross Margin % vs Hardware Industry

For the Hardware industry and Technology sector, Seco SpA's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Seco SpA's Gross Margin % falls into.


FRA:7GV
86GF Score
Seco SpA FRA:7GV
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Seco SpA Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Seco SpA's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=107.1 / 198.803
=(Revenue - Cost of Goods Sold) / Revenue
=(198.803 - 91.718) / 198.803
=53.86 %

Seco SpA's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=18.9 / 48.973
=(Revenue - Cost of Goods Sold) / Revenue
=(48.973 - 30.052) / 48.973
=38.64 %

* 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.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 38.64% mean?
Seco SpA (FRA:7GV) has a Gross Margin % of 38.64% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Seco SpA and its competitors. This is 19% below median its historical median of 47.76. Over the past decade, Seco SpA's Gross Margin % has ranged from 45.19 to 53.99. According to the industry distribution chart, Seco SpA ranks #241 out of 2454 companies in the Hardware industry, placing it in the top 9.8%.
Is Seco SpA's Gross Margin % too high?
Seco SpA's current Gross Margin % of 38.64% is 19% below median its 10-year median of 47.76. Over the past 10 years, this metric has ranged from a low of 45.19 to a high of 53.99. The Hardware industry median Gross Margin % is 24.57. Seco SpA's value of 38.64% is 57.3% above this industry median. Based on the distribution chart, Seco SpA ranks #241 out of 2454 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Seco SpA has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Seco SpA's Gross Margin % compare to SNDK and DELL?
According to the Hardware industry distribution chart, Seco SpA ranks #241 out of 2454 companies for Gross Margin %. This places Seco SpA in the top 10% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 24.57. Seco SpA's value of 38.64% is 57.3% above this benchmark. Historically, Seco SpA's own Gross Margin % has ranged from 45.19 to 53.99 over the past decade. While the company's 10-year median is 47.76 vs. the industry median of 24.57, Seco SpA has consistently been above 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 Hardware company?
The median Gross Margin % among Hardware companies is 24.57, based on 2,454 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. Seco SpA's current Gross Margin % of 38.64% is 57.3% above 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 Seco SpA and its competitors. For the Hardware industry, the median Gross Margin % is 24.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Seco SpA's current Gross Margin % is 38.64%, which is 19% below median its own 10-year median of 47.76. 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 (FRA:7GV) is currently considered Fairly Valued. The stock's GF Value™ is €2.98, compared to a current price of €3.14 — trading 5.4% above its estimated fair value. The current Gross Margin % is 38.64%, which is 19% below median its 10-year median of 47.76 and 57.3% above the Hardware industry median of 24.57. Seco SpA's overall GF Score™ is 86/100 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 Seco SpA (FRA:7GV), the current Gross Margin % is 38.64% 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 (FRA:7GV) Overvalued in 2026?

Based on GuruFocus' analysis, Seco SpA stock appears to be overvalued. The current stock price of €3.14 is trading 5.4% above its estimated GF Value™ of €2.98. GuruFocus considers Seco SpA to be Fairly Valued.

Key valuation signals for FRA:7GV:

  • Gross Margin %: 38.64% (19% below median its 10-year median of 47.76)
  • GF Value™: €2.98 vs. price of €3.14 (5.4% above fair value)
  • GF Score™: 86/100 with 7 warning signs
  • Industry Position: 57.3% above the Hardware median (#241 of 2454)

No single metric tells the full story. See the FRA:7GV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Seco SpA Business Description

Other Exchanges IOT:Italy
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.
86GF Score

Get the complete analysis for FRA:7GV

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

€3.14
Price
€2.98
GF Value