Tessellis SpA (LTS:0LLP) Gross Margin %: 32.32% (As of Jun. 2025) — 38% Below Median


What is Tessellis SpA Gross Margin %?

Tessellis SpA LTS:0LLP Gross Margin % is 32.32% as of Jun. 2025, which is 38% below its 10-year median of 52.28. The stock has 4 warning signs investors should review. Among 344 Telecommunication Services companies, Tessellis SpA ranks worse than 59.59% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Tessellis SpA's Gross Profit for the six months ended in Jun. 2025 was €32.5 Mil. Tessellis SpA's Revenue for the six months ended in Jun. 2025 was €100.7 Mil. Therefore, Tessellis SpA's Gross Margin % for the quarter that ended in Jun. 2025 was 32.32%.

Warning Sign:

Tessellis SpA gross margin has been in long-term decline. The average rate of decline per year is -5%.


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

LTS:0LLP' s Gross Margin % Range Over the Past 10 Years
Min: 41.93   Med: 52.28   Max: 60.75
Current: 41.93


During the past 13 years, the highest Gross Margin % of Tessellis SpA was 60.75%. The lowest was 41.93%. And the median was 52.28%.

LTS:0LLP's Gross Margin % is ranked worse than
59.59% of 344 companies
in the Telecommunication Services industry
Industry Median: 51.415 vs LTS:0LLP: 41.93

Tessellis SpA had a gross margin of 32.32% for the quarter that ended in Jun. 2025 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Tessellis SpA was -5.00% per year.


Tessellis SpA  (LTS:0LLP) 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

Tessellis SpA had a gross margin of 32.32% for the quarter that ended in Jun. 2025 => 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.


Tessellis SpA Gross Margin % Related Terms


Tessellis SpA Gross Margin % Historical Data

* Premium members only.

The historical data trend for Tessellis 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.

Tessellis SpA Gross Margin % Chart

Tessellis SpA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 49.19 47.20 44.23 43.61 41.97

Tessellis SpA Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
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 38.84 48.55 33.14 50.89 32.32

LTS:0LLP vs TMUS, VZ, T: Gross Margin % Comparison

For the Telecom Services subindustry, Tessellis 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.


Tessellis SpA Gross Margin % vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Tessellis SpA's Gross Margin % distribution charts can be found below:

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



Tessellis SpA Gross Margin % Calculation

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

Tessellis SpA's Gross Margin for the fiscal year that ended in Dec. 2024 is calculated as

Gross Margin % (A: Dec. 2024 )=Gross Profit (A: Dec. 2024 ) / Revenue (A: Dec. 2024 )
=91.1 / 216.991
=(Revenue - Cost of Goods Sold) / Revenue
=(216.991 - 125.918) / 216.991
=41.97 %

Tessellis SpA's Gross Margin for the quarter that ended in Jun. 2025 is calculated as


Gross Margin % (Q: Jun. 2025 )=Gross Profit (Q: Jun. 2025 ) / Revenue (Q: Jun. 2025 )
=32.5 / 100.652
=(Revenue - Cost of Goods Sold) / Revenue
=(100.652 - 68.121) / 100.652
=32.32 %

* 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 32.32% mean?
Tessellis SpA (LTS:0LLP) has a Gross Margin % of 32.32% as of Jun. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Tessellis SpA and its competitors. This is 38% below median its historical median of 52.28. Over the past decade, Tessellis SpA's Gross Margin % has ranged from 41.93 to 60.75. According to the industry distribution chart, Tessellis SpA ranks #205 out of 344 companies in the Telecommunication Services industry, placing it in the top 59.6%.
Is Tessellis SpA's Gross Margin % too high?
Tessellis SpA's current Gross Margin % of 32.32% is 38% below median its 10-year median of 52.28. Over the past 10 years, this metric has ranged from a low of 41.93 to a high of 60.75. The Telecommunication Services industry median Gross Margin % is 51.42. Tessellis SpA's value of 32.32% is 37.1% below this industry median. Based on the distribution chart, Tessellis SpA ranks #205 out of 344 companies in the Telecommunication Services industry, which is below the industry midpoint.
How does Tessellis SpA's Gross Margin % compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Tessellis SpA ranks #205 out of 344 companies for Gross Margin %. This places Tessellis SpA in the lower half of its industry. The industry median Gross Margin % is 51.42. Tessellis SpA's value of 32.32% is 37.1% below this benchmark. Historically, Tessellis SpA's own Gross Margin % has ranged from 41.93 to 60.75 over the past decade. While the company's 10-year median is 52.28 vs. the industry median of 51.42, Tessellis SpA 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 Telecommunication Services company?
The median Gross Margin % among Telecommunication Services companies is 51.42, based on 344 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. Tessellis SpA's current Gross Margin % of 32.32% is 37.1% 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 Tessellis SpA and its competitors. For the Telecommunication Services industry, the median Gross Margin % is 51.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tessellis SpA's current Gross Margin % is 32.32%, which is 38% below median its own 10-year median of 52.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tessellis SpA stock overvalued right now?
Based on GuruFocus' analysis, Tessellis SpA (LTS:0LLP) is currently considered Possible Value Trap. The stock's GF Value™ is €0.27, compared to a current price of €0.07 — trading 72.4% below its estimated fair value. The current Gross Margin % is 32.32%, which is 38% below median its 10-year median of 52.28 and 37.1% below the Telecommunication Services industry median of 51.42. 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 Tessellis SpA (LTS:0LLP), the current Gross Margin % is 32.32% as of Jun. 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.

Tessellis SpA Business Description

Other Exchanges TSL:ItalyTIQ:Germany
Address SS195 Km 2.3, Localita Sa Illetta, Cagliari, ITA, 09123
Tessellis SpA is a telecommunications operator in Italy. The company provides telecommunication services, which include broadband and narrowband internet access. It also offers voice services and portal and mobile telephone services. The operating segments of the business include - Access (connectivity BTC and BTB) and Corporate.