Caleffi SpA (MIL:CLF) Gross Margin %: 43.22% (As of Dec. 2025) — Near Median


MIL:CLF Caleffi SpA MIL:CLF
33 GF Score
Price €0.77
GF Value €0.90
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Caleffi SpA Gross Margin %?

Caleffi SpA MIL:CLF -3.97% 33 Gross Margin % is 43.22% as of Dec. 2025, which is 4% above its 10-year median of 41.42. GuruFocus rates MIL:CLF with a GF Score™ of 33/100 and a GF Value™ of €0.90 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,027 Manufacturing - Apparel & Accessories companies, Caleffi SpA ranks better than 69.81% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Caleffi SpA's Gross Profit for the six months ended in Dec. 2025 was €14.36 Mil. Caleffi SpA's Revenue for the six months ended in Dec. 2025 was €33.21 Mil. Therefore, Caleffi SpA's Gross Margin % for the quarter that ended in Dec. 2025 was 43.22%.


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

MIL:CLF' s Gross Margin % Range Over the Past 10 Years
Min: 35.42   Med: 41.42   Max: 44.31
Current: 43.68


During the past 13 years, the highest Gross Margin % of Caleffi SpA was 44.31%. The lowest was 35.42%. And the median was 41.42%.

MIL:CLF's Gross Margin % is ranked better than
69.81% of 1027 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 28.34 vs MIL:CLF: 43.68

Caleffi SpA had a gross margin of 43.22% for the quarter that ended in Dec. 2025 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Caleffi SpA was -0.30% per year.


Caleffi SpA  (MIL:CLF) 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

Caleffi SpA had a gross margin of 43.22% 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.


Caleffi SpA Gross Margin % Related Terms


Caleffi SpA Gross Margin % Historical Data

* Premium members only.

The historical data trend for Caleffi 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.

Caleffi SpA Gross Margin % Chart

Caleffi 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 44.31 41.92 40.92 43.39 43.68

Caleffi SpA Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 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 41.03 43.48 43.32 44.21 43.22

MIL:CLF vs AIN: Gross Margin % Comparison

For the Textile Manufacturing subindustry, Caleffi 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.


Caleffi SpA Gross Margin % vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Caleffi SpA's Gross Margin % distribution charts can be found below:

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


MIL:CLF
33GF Score
Caleffi SpA MIL:CLF
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Caleffi SpA Gross Margin % Calculation

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

Caleffi 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 )
=26.7 / 61.092
=(Revenue - Cost of Goods Sold) / Revenue
=(61.092 - 34.41) / 61.092
=43.68 %

Caleffi 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 )
=14.4 / 33.213
=(Revenue - Cost of Goods Sold) / Revenue
=(33.213 - 18.857) / 33.213
=43.22 %

* 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 43.22% mean?
Caleffi SpA (MIL:CLF) has a Gross Margin % of 43.22% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Caleffi SpA and its competitors. This is near median its historical median of 41.42. Over the past decade, Caleffi SpA's Gross Margin % has ranged from 35.42 to 44.31. According to the industry distribution chart, Caleffi SpA ranks #310 out of 1027 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 30.2%.
Is Caleffi SpA's Gross Margin % too high?
Caleffi SpA's current Gross Margin % of 43.22% is near median its 10-year median of 41.42. Over the past 10 years, this metric has ranged from a low of 35.42 to a high of 44.31. The Manufacturing - Apparel & Accessories industry median Gross Margin % is 28.34. Caleffi SpA's value of 43.22% is 52.5% above this industry median. Based on the distribution chart, Caleffi SpA ranks #310 out of 1027 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Caleffi SpA has a GF Score™ of 33/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Caleffi SpA's Gross Margin % compare to AIN?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Caleffi SpA ranks #310 out of 1027 companies for Gross Margin %. This puts Caleffi SpA in the upper half of its industry. The industry median Gross Margin % is 28.34. Caleffi SpA's value of 43.22% is 52.5% above this benchmark. Historically, Caleffi SpA's own Gross Margin % has ranged from 35.42 to 44.31 over the past decade. While the company's 10-year median is 41.42 vs. the industry median of 28.34, Caleffi 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 Manufacturing - Apparel & Accessories company?
The median Gross Margin % among Manufacturing - Apparel & Accessories companies is 28.34, based on 1,027 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. Caleffi SpA's current Gross Margin % of 43.22% is 52.5% 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 Caleffi SpA and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Gross Margin % is 28.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Caleffi SpA's current Gross Margin % is 43.22%, which is near median its own 10-year median of 41.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Caleffi SpA stock overvalued right now?
Based on GuruFocus' analysis, Caleffi SpA (MIL:CLF) is currently considered Modestly Undervalued. The stock's GF Value™ is €0.90, compared to a current price of €0.77 — trading 14% below its estimated fair value. The current Gross Margin % is 43.22%, which is near median its 10-year median of 41.42 and 52.5% above the Manufacturing - Apparel & Accessories industry median of 28.34. Caleffi SpA's overall GF Score™ is 33/100 with 3 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 Caleffi SpA (MIL:CLF), the current Gross Margin % is 43.22% 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 Caleffi SpA (MIL:CLF) Overvalued in 2026?

Based on GuruFocus' analysis, Caleffi SpA stock appears to be undervalued. The current stock price of €0.77 is trading 14% below its estimated GF Value™ of €0.90. GuruFocus considers Caleffi SpA to be Modestly Undervalued.

Key valuation signals for MIL:CLF:

  • Gross Margin %: 43.22% (near median its 10-year median of 41.42)
  • GF Value™: €0.90 vs. price of €0.77 (14% below fair value)
  • GF Score™: 33/100 with 3 warning signs
  • Industry Position: 52.5% above the Manufacturing - Apparel & Accessories median (#310 of 1027)

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


Caleffi SpA Business Description

Other Exchanges CLFm:UK
Address Via Belfiore, 24, Viadana, ITA, 46019
Caleffi SpA is engaged in the design, manufacturing, and marketing of luxury household linen including duvet covers, sheets, throws, towels, bathrobes, etc. The company's products are sold under its brands such as Caleffi Colors, Living, Campus, Yachting, Cambio, Spugnissima, etc., and through licensed brands such as Disney, Barbie, and Mariella Burani. It caters to both Italian and international markets through its distribution network, both in the retail business and in the wholesale. The company's product offering spans across two categories; Bed which includes the bed cover, lat linen, and accessories; and Other which includes the bathroom, furniture, nightwear, homewear, table, and kitchen textiles. Geographically, it derives key revenue from its business in Italy.
33GF Score

Get the complete analysis for MIL:CLF

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

€0.77
Price
€0.90
GF Value