Pininfarina SpA (FRA:PNF) Gross Margin %: 43.82% (As of Mar. 2026) — 38% Below Median


FRA:PNF Pininfarina SpA FRA:PNF
52 GF Score
Price €0.76
GF Value €1.08
Valuation Possible Value Trap
! 5 Warning Signs
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What is Pininfarina SpA Gross Margin %?

Pininfarina SpA FRA:PNF -0.53% 52 Gross Margin % is 43.82% as of Mar. 2026, which is 38% below its 10-year median of 70.97. GuruFocus rates FRA:PNF with a GF Score™ of 52/100 and a GF Value™ of €1.08 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,307 Vehicles & Parts companies, Pininfarina SpA ranks better than 93.42% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Pininfarina SpA's Gross Profit for the three months ended in Mar. 2026 was €15.6 Mil. Pininfarina SpA's Revenue for the three months ended in Mar. 2026 was €35.7 Mil. Therefore, Pininfarina SpA's Gross Margin % for the quarter that ended in Mar. 2026 was 43.82%.

Warning Sign:

Pininfarina SpA gross margin has been in long-term decline. The average rate of decline per year is -5.6%.


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

FRA:PNF' s Gross Margin % Range Over the Past 10 Years
Min: 49.64   Med: 70.97   Max: 77.55
Current: 49.64


During the past 13 years, the highest Gross Margin % of Pininfarina SpA was 77.55%. The lowest was 49.64%. And the median was 70.97%.

FRA:PNF's Gross Margin % is ranked better than
93.42% of 1307 companies
in the Vehicles & Parts industry
Industry Median: 19.83 vs FRA:PNF: 49.64

Pininfarina SpA had a gross margin of 43.82% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Pininfarina SpA was -5.60% per year.


Pininfarina SpA  (FRA:PNF) 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

Pininfarina SpA had a gross margin of 43.82% for the quarter that ended in Mar. 2026 => Durable 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.


Pininfarina SpA Gross Margin % Related Terms


Pininfarina SpA Gross Margin % Historical Data

* Premium members only.

The historical data trend for Pininfarina 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.

Pininfarina SpA Gross Margin % Chart

Pininfarina SpA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 70.66 66.80 60.85 64.78 55.55

Pininfarina 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 70.80 62.26 51.48 46.78 43.82

FRA:PNF vs TSLA, GM, F: Gross Margin % Comparison

For the Auto Manufacturers subindustry, Pininfarina 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.


Pininfarina SpA Gross Margin % vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Pininfarina SpA's Gross Margin % distribution charts can be found below:

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


FRA:PNF
52GF Score
Pininfarina SpA FRA:PNF
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pininfarina SpA Gross Margin % Calculation

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

Pininfarina 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 )
=57 / 102.665
=(Revenue - Cost of Goods Sold) / Revenue
=(102.665 - 45.638) / 102.665
=55.55 %

Pininfarina 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 )
=15.6 / 35.698
=(Revenue - Cost of Goods Sold) / Revenue
=(35.698 - 20.054) / 35.698
=43.82 %

* 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 43.82% mean?
Pininfarina SpA (FRA:PNF) has a Gross Margin % of 43.82% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Pininfarina SpA and its competitors. This is 38% below median its historical median of 70.97. Over the past decade, Pininfarina SpA's Gross Margin % has ranged from 49.64 to 77.55. According to the industry distribution chart, Pininfarina SpA ranks #86 out of 1307 companies in the Vehicles & Parts industry, placing it in the top 6.6%.
Is Pininfarina SpA's Gross Margin % too high?
Pininfarina SpA's current Gross Margin % of 43.82% is 38% below median its 10-year median of 70.97. Over the past 10 years, this metric has ranged from a low of 49.64 to a high of 77.55. The Vehicles & Parts industry median Gross Margin % is 19.83. Pininfarina SpA's value of 43.82% is 121% above this industry median. Based on the distribution chart, Pininfarina SpA ranks #86 out of 1307 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Pininfarina SpA has a GF Score™ of 52/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Pininfarina SpA's Gross Margin % compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Pininfarina SpA ranks #86 out of 1307 companies for Gross Margin %. This places Pininfarina SpA in the top 7% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 19.83. Pininfarina SpA's value of 43.82% is 121% above this benchmark. Historically, Pininfarina SpA's own Gross Margin % has ranged from 49.64 to 77.55 over the past decade. While the company's 10-year median is 70.97 vs. the industry median of 19.83, Pininfarina 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 Vehicles & Parts company?
The median Gross Margin % among Vehicles & Parts companies is 19.83, based on 1,307 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. Pininfarina SpA's current Gross Margin % of 43.82% is 121% 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 Pininfarina SpA and its competitors. For the Vehicles & Parts industry, the median Gross Margin % is 19.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pininfarina SpA's current Gross Margin % is 43.82%, which is 38% below median its own 10-year median of 70.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pininfarina SpA stock overvalued right now?
Based on GuruFocus' analysis, Pininfarina SpA (FRA:PNF) is currently considered Possible Value Trap. The stock's GF Value™ is €1.08, compared to a current price of €0.76 — trading 30% below its estimated fair value. The current Gross Margin % is 43.82%, which is 38% below median its 10-year median of 70.97 and 121% above the Vehicles & Parts industry median of 19.83. Pininfarina SpA's overall GF Score™ is 52/100 with 5 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 Pininfarina SpA (FRA:PNF), the current Gross Margin % is 43.82% 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 Pininfarina SpA (FRA:PNF) Overvalued in 2026?

Based on GuruFocus' analysis, Pininfarina SpA stock appears to be undervalued. The current stock price of €0.76 is trading 30% below its estimated GF Value™ of €1.08. GuruFocus considers Pininfarina SpA to be Possible Value Trap.

Key valuation signals for FRA:PNF:

  • Gross Margin %: 43.82% (38% below median its 10-year median of 70.97)
  • GF Value™: €1.08 vs. price of €0.76 (30% below fair value)
  • GF Score™: 52/100 with 5 warning signs
  • Industry Position: 121% above the Vehicles & Parts median (#86 of 1307)

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


Pininfarina SpA Business Description

Other Exchanges PINF:ItalyPNF:Germany
Address Via Nazionale 30, Cambiano, Turin, ITA, 10020
Pininfarina SpA is an Italian company engaged in the production, development, designing, engineering, and manufacturing of vehicles in Italy, Germany, and China. It offers various services including automotive design, transportation design, architecture, and interior design in the fields of residential, hospitality, sport and commercial structures, industrial design, engineering, wind tunnel, sustainable mobility, and exclusive vehicles - restorations. The company has two reportable segments design and engineering, majority of revenue is generated from the Design segment. The company's geographical segment consists of Italy, Germany, China, USA. The majority of revenue is generated from non-EU countries.
52GF Score

Get the complete analysis for FRA:PNF

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

€0.76
Price
€1.08
GF Value