Euronext Athens Holding (MEX:HEEN) Gross Margin %: 75.10% (As of Dec. 2025) — 14% Above Median


MEX:HEEN Euronext Athens Holding SA MEX:HEEN
89 GF Score
Price MXN148.00
GF Value MXN167.89
! 4 Warning Signs
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What is Euronext Athens Holding Gross Margin %?

Euronext Athens Holding MEX:HEEN 89 Gross Margin % is 75.10% as of Dec. 2025, which is 14% above its 10-year median of 65.77. GuruFocus rates MEX:HEEN with a GF Score™ of 89/100 and a GF Value™ of MXN167.89. The stock has 4 warning signs investors should review. Among 617 Capital Markets companies, Euronext Athens Holding ranks better than 75.85% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Euronext Athens Holding's Gross Profit for the three months ended in Dec. 2025 was MXN340 Mil. Euronext Athens Holding's Revenue for the three months ended in Dec. 2025 was MXN453 Mil. Therefore, Euronext Athens Holding's Gross Margin % for the quarter that ended in Dec. 2025 was 75.10%.


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

MEX:HEEN' s Gross Margin % Range Over the Past 10 Years
Min: 61.62   Med: 65.77   Max: 74.28
Current: 74.28


During the past 13 years, the highest Gross Margin % of Euronext Athens Holding was 74.28%. The lowest was 61.62%. And the median was 65.77%.

MEX:HEEN's Gross Margin % is ranked better than
75.85% of 617 companies
in the Capital Markets industry
Industry Median: 48.3 vs MEX:HEEN: 74.28

Euronext Athens Holding had a gross margin of 75.10% for the quarter that ended in Dec. 2025 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Euronext Athens Holding was 3.10% per year.


Euronext Athens Holding  (MEX:HEEN) 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

Euronext Athens Holding had a gross margin of 75.10% for the quarter that ended in Dec. 2025 => 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.


Euronext Athens Holding Gross Margin % Related Terms


Euronext Athens Holding Gross Margin % Historical Data

* Premium members only.

The historical data trend for Euronext Athens Holding'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.

Euronext Athens Holding Gross Margin % Chart

Euronext Athens Holding 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 66.55 64.28 66.21 69.19 74.28

Euronext Athens Holding Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 74.88 69.16 71.67 77.87 75.10

MEX:HEEN vs SPGI, CME, ICE: Gross Margin % Comparison

For the Financial Data & Stock Exchanges subindustry, Euronext Athens Holding'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.


Euronext Athens Holding Gross Margin % vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Euronext Athens Holding's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Euronext Athens Holding's Gross Margin % falls into.


MEX:HEEN
89GF Score
Euronext Athens Holding SA MEX:HEEN
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Euronext Athens Holding Gross Margin % Calculation

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

Euronext Athens Holding'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 )
=1343.9 / 1809.32
=(Revenue - Cost of Goods Sold) / Revenue
=(1809.32 - 465.407) / 1809.32
=74.28 %

Euronext Athens Holding's Gross Margin for the quarter that ended in Dec. 2025 is calculated as


Gross Margin % (Q: Dec. 2025 )=Gross Profit (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=340.4 / 453.263
=(Revenue - Cost of Goods Sold) / Revenue
=(453.263 - 112.841) / 453.263
=75.10 %

* 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 75.10% mean?
Euronext Athens Holding (MEX:HEEN) has a Gross Margin % of 75.10% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Euronext Athens Holding and its competitors. This is 14% above median its historical median of 65.77. Over the past decade, Euronext Athens Holding's Gross Margin % has ranged from 61.62 to 74.28. According to the industry distribution chart, Euronext Athens Holding ranks #149 out of 617 companies in the Capital Markets industry, placing it in the top 24.1%.
Is Euronext Athens Holding's Gross Margin % too high?
Euronext Athens Holding's current Gross Margin % of 75.10% is 14% above median its 10-year median of 65.77. Over the past 10 years, this metric has ranged from a low of 61.62 to a high of 74.28. The Capital Markets industry median Gross Margin % is 48.30. Euronext Athens Holding's value of 75.10% is 55.5% above this industry median. Based on the distribution chart, Euronext Athens Holding ranks #149 out of 617 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Euronext Athens Holding has a GF Score™ of 89/100, reflecting its overall financial health beyond just this single metric.
How does Euronext Athens Holding's Gross Margin % compare to SPGI and CME?
According to the Capital Markets industry distribution chart, Euronext Athens Holding ranks #149 out of 617 companies for Gross Margin %. This places Euronext Athens Holding in the top 24% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 48.30. Euronext Athens Holding's value of 75.10% is 55.5% above this benchmark. Historically, Euronext Athens Holding's own Gross Margin % has ranged from 61.62 to 74.28 over the past decade. While the company's 10-year median is 65.77 vs. the industry median of 48.30, Euronext Athens Holding 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 Capital Markets company?
The median Gross Margin % among Capital Markets companies is 48.30, based on 617 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. Euronext Athens Holding's current Gross Margin % of 75.10% is 55.5% 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 Euronext Athens Holding and its competitors. For the Capital Markets industry, the median Gross Margin % is 48.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Euronext Athens Holding's current Gross Margin % is 75.10%, which is 14% above median its own 10-year median of 65.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Euronext Athens Holding stock overvalued right now?
Euronext Athens Holding (MEX:HEEN) has a current Gross Margin % of 75.10%. The stock's GF Value™ is MXN167.89, compared to a current price of MXN148.00 — trading 11.8% below its estimated fair value. The current Gross Margin % is 75.10%, which is 14% above median its 10-year median of 65.77 and 55.5% above the Capital Markets industry median of 48.30. Euronext Athens Holding's overall GF Score™ is 89/100 with 4 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 Euronext Athens Holding (MEX:HEEN), the current Gross Margin % is 75.10% 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 Euronext Athens Holding (MEX:HEEN) Overvalued in 2026?

Based on GuruFocus' analysis, Euronext Athens Holding stock appears to be undervalued. The current stock price of MXN148.00 is trading 11.8% below its estimated GF Value™ of MXN167.89.

Key valuation signals for MEX:HEEN:

  • Gross Margin %: 75.10% (14% above median its 10-year median of 65.77)
  • GF Value™: MXN167.89 vs. price of MXN148.00 (11.8% below fair value)
  • GF Score™: 89/100 with 4 warning signs
  • Industry Position: 55.5% above the Capital Markets median (#149 of 617)

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


Euronext Athens Holding Business Description

Address 110 Athinon Avenue, Athens, GRC, 10442
Euronext Athens Holding SA operates the Greek capital market, offering trading, clearing, settlement, and registry services for equities, derivatives, bonds, and energy markets.
89GF Score

Get the complete analysis for MEX:HEEN

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

MXN148.00
Price
MXN167.89
GF Value