B&C Speakers SpAMIL:BEC +0.44%71 Gross Margin % is 37.35% as of Mar. 2026, which is 1% above its 10-year median of 37.11. GuruFocus rates MIL:BEC with a GF Score™ of 71/100 and a GF Value™ of €16.94 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 2,450 Hardware companies, B&C Speakers SpA ranks better than 70.29% on this metric.
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
B&C Speakers SpA had a gross margin of 37.35% 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.
B&C Speakers SpA Gross Margin % Related Terms
B&C Speakers SpA Gross Margin % Historical Data
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The historical data trend for B&C Speakers 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.
For the Consumer Electronics subindustry, B&C Speakers 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.
B&C Speakers SpA Gross Margin % vs Hardware Industry
For the Hardware industry and Technology sector, B&C Speakers SpA's Gross Margin % distribution charts can be found below:
* The bar in red indicates where B&C Speakers SpA's Gross Margin % falls into.
* 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.
B&C Speakers SpA (MIL:BEC) has a Gross Margin % of 37.35% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on B&C Speakers SpA and its competitors. This is near median its historical median of 37.11. Over the past decade, B&C Speakers SpA's Gross Margin % has ranged from 35.45 to 41.67. According to the industry distribution chart, B&C Speakers SpA ranks #728 out of 2450 companies in the Hardware industry, placing it in the top 29.7%.
Is B&C Speakers SpA's Gross Margin % too high?
B&C Speakers SpA's current Gross Margin % of 37.35% is near median its 10-year median of 37.11. Over the past 10 years, this metric has ranged from a low of 35.45 to a high of 41.67. The Hardware industry median Gross Margin % is 24.53. B&C Speakers SpA's value of 37.35% is 52.3% above this industry median. Based on the distribution chart, B&C Speakers SpA ranks #728 out of 2450 companies in the Hardware industry, which is above the industry midpoint. Overall, B&C Speakers SpA has a GF Score™ of 71/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does B&C Speakers SpA's Gross Margin % compare to AAPL?
According to the Hardware industry distribution chart, B&C Speakers SpA ranks #728 out of 2450 companies for Gross Margin %. This puts B&C Speakers SpA in the upper half of its industry. The industry median Gross Margin % is 24.53. B&C Speakers SpA's value of 37.35% is 52.3% above this benchmark. Historically, B&C Speakers SpA's own Gross Margin % has ranged from 35.45 to 41.67 over the past decade. While the company's 10-year median is 37.11 vs. the industry median of 24.53, B&C Speakers 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 24.53, based on 2,450 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. B&C Speakers SpA's current Gross Margin % of 37.35% is 52.3% 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 B&C Speakers SpA and its competitors. For the Hardware industry, the median Gross Margin % is 24.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. B&C Speakers SpA's current Gross Margin % is 37.35%, which is near median its own 10-year median of 37.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is B&C Speakers SpA stock overvalued right now?
Based on GuruFocus' analysis, B&C Speakers SpA (MIL:BEC) is currently considered Significantly Undervalued. The stock's GF Value™ is €16.94, compared to a current price of €11.30 — trading 33.3% below its estimated fair value. The current Gross Margin % is 37.35%, which is near median its 10-year median of 37.11 and 52.3% above the Hardware industry median of 24.53. B&C Speakers SpA's overall GF Score™ is 71/100 with 2 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 B&C Speakers SpA (MIL:BEC), the current Gross Margin % is 37.35% 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 B&C Speakers SpA (MIL:BEC) Overvalued in 2026?
Based on GuruFocus' analysis, B&C Speakers SpA stock appears to be undervalued.
The current stock price of €11.30 is trading 33.3% below its estimated GF Value™ of €16.94.
GuruFocus considers B&C Speakers SpA to be Significantly Undervalued.
Key valuation signals for MIL:BEC:
Gross Margin %: 37.35% (near median its 10-year median of 37.11)
GF Value™: €16.94 vs. price of €11.30 (33.3% below fair value)
Industry Position: 52.3% above the Hardware median (#728 of 2450)
No single metric tells the full story. See the MIL:BEC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
B&C Speakers SpA is an Italy-based company engaged in the production and marketing of professional loudspeakers. Its speaker product offerings span across different categories, including high-frequency drivers, low-frequency drivers, tweeters, coaxials, and horn drivers. The company operates its business in a single sector, acoustic transducers. Geographically, it derives maximum revenue from Europe (excluding Italy), followed by the Asia-Pacific region, Italy, North America, Latin America, and the Middle East and Africa.
71GF Score
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