Friends SpA (MIL:AMI) Gross Margin %: 0.00% (As of Dec. 2025)

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MIL:AMI Friends SpA MIL:AMI
9 GF Score
Price €1.58
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What is Friends SpA Gross Margin %?

Friends SpA MIL:AMI 9 Gross Margin % is 0.00% as of Dec. 2025. GuruFocus rates MIL:AMI with a GF Score™ of 9/100. Among 944 Media - Diversified companies, Friends SpA ranks worse than 105932.1% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Friends SpA's Gross Profit for the six months ended in Dec. 2025 was €0.00 Mil. Friends SpA's Revenue for the six months ended in Dec. 2025 was €0.00 Mil. Therefore, Friends SpA's Gross Margin % for the quarter that ended in Dec. 2025 was 0.00%. If there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.


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


MIL:AMI's Gross Margin % is not ranked *
in the Media - Diversified industry.
Industry Median: 38.99
* Ranked among companies with meaningful Gross Margin % only.

Friends SpA had a gross margin of N/A% for the quarter that ended in Dec. 2025 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Friends SpA was 0.00% per year.


Friends SpA  (MIL:AMI) 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

Friends SpA had a gross margin of N/A% 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.


Friends SpA Gross Margin % Related Terms


Friends SpA Gross Margin % Historical Data

* Premium members only.

The historical data trend for Friends 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.

Friends SpA Gross Margin % Chart

Friends SpA Annual Data
Trend Dec24 Dec25
Gross Margin %
0.00 0.00

Friends SpA Semi-Annual Data
Dec24 Jun25 Dec25
Gross Margin % 0.00 0.00 0.00

MIL:AMI vs NFLX, DIS, WBD: Gross Margin % Comparison

For the Entertainment subindustry, Friends 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.


Friends SpA Gross Margin % vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Friends SpA's Gross Margin % distribution charts can be found below:

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


MIL:AMI
9GF Score
Friends SpA MIL:AMI
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Friends SpA Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

Friends 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 )
=0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0) / 0
=N/A %

Friends SpA'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 )
=0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0) / 0
=N/A %

* 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 0.00% mean?
Friends SpA (MIL:AMI) has a Gross Margin % of 0.00% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Friends SpA and its competitors. According to the industry distribution chart, Friends SpA ranks #999999 out of 944 companies in the Media - Diversified industry.
Is Friends SpA's Gross Margin % too high?
Friends SpA's current Gross Margin % is 0.00%. Based on the distribution chart, Friends SpA ranks #999999 out of 944 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers. Overall, Friends SpA has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does Friends SpA's Gross Margin % compare to NFLX and DIS?
According to the Media - Diversified industry distribution chart, Friends SpA ranks #999999 out of 944 companies for Gross Margin %. This places Friends SpA in the lower half of its industry. The industry median Gross Margin % is 38.99. 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 Media - Diversified company?
The median Gross Margin % among Media - Diversified companies is 38.99, based on 944 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. 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 Friends SpA and its competitors. For the Media - Diversified industry, the median Gross Margin % is 38.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Friends SpA's current Gross Margin % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Friends SpA stock overvalued right now?
Friends SpA (MIL:AMI) has a current Gross Margin % of 0.00%. The current Gross Margin % is 0.00%. Friends SpA's overall GF Score™ is 9/100. 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 Friends SpA (MIL:AMI), the current Gross Margin % is 0.00% 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.

Friends SpA Business Description

Address Via dei Sormani, 3, Milan, ITA, 20144
Friends SpA operates in the live music and events sector. It handles various activities, including concerts, sponsorships, events, television productions, and multimedia. The company is currently organized into several divisions, each specialized and dedicated to different business sectors, pursuing corporate objectives and actively collaborating with each other, combining people and skills: Direction and Management, Concerts, Events & TV, Production, Management, Artist Management, Creative Division, Ticketing, Promotion & Digital Marketing.
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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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