Fine Foods & Pharmaceuticals NTM SpA (MIL:FF) Gross Margin %: 47.81% (As of Mar. 2026) — 24% Above Median


MIL:FF Fine Foods & Pharmaceuticals NTM SpA MIL:FF
77 GF Score
Price €8.86
GF Value €9.14
Valuation Fairly Valued
! 3 Warning Signs
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What is Fine Foods & Pharmaceuticals NTM SpA Gross Margin %?

Fine Foods & Pharmaceuticals NTM SpA MIL:FF -0.23% 77 Gross Margin % is 47.81% as of Mar. 2026, which is 24% above its 10-year median of 38.60. GuruFocus rates MIL:FF with a GF Score™ of 77/100 and a GF Value™ of €9.14 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,902 Consumer Packaged Goods companies, Fine Foods & Pharmaceuticals NTM SpA ranks better than 80.6% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Fine Foods & Pharmaceuticals NTM SpA's Gross Profit for the three months ended in Mar. 2026 was €27.9 Mil. Fine Foods & Pharmaceuticals NTM SpA's Revenue for the three months ended in Mar. 2026 was €58.4 Mil. Therefore, Fine Foods & Pharmaceuticals NTM SpA's Gross Margin % for the quarter that ended in Mar. 2026 was 47.81%.


The historical rank and industry rank for Fine Foods & Pharmaceuticals NTM SpA's Gross Margin % or its related term are showing as below:

MIL:FF' s Gross Margin % Range Over the Past 10 Years
Min: 30.31   Med: 38.6   Max: 45.04
Current: 45.04


During the past 10 years, the highest Gross Margin % of Fine Foods & Pharmaceuticals NTM SpA was 45.04%. The lowest was 30.31%. And the median was 38.60%.

MIL:FF's Gross Margin % is ranked better than
80.6% of 1902 companies
in the Consumer Packaged Goods industry
Industry Median: 26.37 vs MIL:FF: 45.04

Fine Foods & Pharmaceuticals NTM SpA had a gross margin of 47.81% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Fine Foods & Pharmaceuticals NTM SpA was 3.50% per year.


Fine Foods & Pharmaceuticals NTM SpA  (MIL:FF) 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

Fine Foods & Pharmaceuticals NTM SpA had a gross margin of 47.81% for the quarter that ended in Mar. 2026 => 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.


Fine Foods & Pharmaceuticals NTM SpA Gross Margin % Related Terms


Fine Foods & Pharmaceuticals NTM SpA Gross Margin % Historical Data

* Premium members only.

The historical data trend for Fine Foods & Pharmaceuticals NTM 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.

Fine Foods & Pharmaceuticals NTM SpA Gross Margin % Chart

Fine Foods & Pharmaceuticals NTM 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 39.09 38.10 37.18 42.10 44.76

Fine Foods & Pharmaceuticals NTM SpA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 46.48 45.57 44.75 42.13 47.81

MIL:FF vs KHC, GIS: Gross Margin % Comparison

For the Packaged Foods subindustry, Fine Foods & Pharmaceuticals NTM 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.


Fine Foods & Pharmaceuticals NTM SpA Gross Margin % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Fine Foods & Pharmaceuticals NTM SpA's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Fine Foods & Pharmaceuticals NTM SpA's Gross Margin % falls into.


MIL:FF
77GF Score
Fine Foods & Pharmaceuticals NTM SpA MIL:FF
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Fine Foods & Pharmaceuticals NTM SpA Gross Margin % Calculation

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

Fine Foods & Pharmaceuticals NTM 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 )
=112.8 / 252.059
=(Revenue - Cost of Goods Sold) / Revenue
=(252.059 - 139.24) / 252.059
=44.76 %

Fine Foods & Pharmaceuticals NTM SpA's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=27.9 / 58.449
=(Revenue - Cost of Goods Sold) / Revenue
=(58.449 - 30.505) / 58.449
=47.81 %

* 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 47.81% mean?
Fine Foods & Pharmaceuticals NTM SpA (MIL:FF) has a Gross Margin % of 47.81% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Fine Foods & Pharmaceuticals NTM SpA and its competitors. This is 24% above median its historical median of 38.60. Over the past decade, Fine Foods & Pharmaceuticals NTM SpA's Gross Margin % has ranged from 30.31 to 45.04. According to the industry distribution chart, Fine Foods & Pharmaceuticals NTM SpA ranks #369 out of 1902 companies in the Consumer Packaged Goods industry, placing it in the top 19.4%.
Is Fine Foods & Pharmaceuticals NTM SpA's Gross Margin % too high?
Fine Foods & Pharmaceuticals NTM SpA's current Gross Margin % of 47.81% is 24% above median its 10-year median of 38.60. Over the past 10 years, this metric has ranged from a low of 30.31 to a high of 45.04. The Consumer Packaged Goods industry median Gross Margin % is 26.37. Fine Foods & Pharmaceuticals NTM SpA's value of 47.81% is 81.3% above this industry median. Based on the distribution chart, Fine Foods & Pharmaceuticals NTM SpA ranks #369 out of 1902 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Fine Foods & Pharmaceuticals NTM SpA has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Fine Foods & Pharmaceuticals NTM SpA's Gross Margin % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Fine Foods & Pharmaceuticals NTM SpA ranks #369 out of 1902 companies for Gross Margin %. This places Fine Foods & Pharmaceuticals NTM SpA in the top 19% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 26.37. Fine Foods & Pharmaceuticals NTM SpA's value of 47.81% is 81.3% above this benchmark. Historically, Fine Foods & Pharmaceuticals NTM SpA's own Gross Margin % has ranged from 30.31 to 45.04 over the past decade. While the company's 10-year median is 38.60 vs. the industry median of 26.37, Fine Foods & Pharmaceuticals NTM 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 Consumer Packaged Goods company?
The median Gross Margin % among Consumer Packaged Goods companies is 26.37, based on 1,902 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. Fine Foods & Pharmaceuticals NTM SpA's current Gross Margin % of 47.81% is 81.3% 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 Fine Foods & Pharmaceuticals NTM SpA and its competitors. For the Consumer Packaged Goods industry, the median Gross Margin % is 26.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fine Foods & Pharmaceuticals NTM SpA's current Gross Margin % is 47.81%, which is 24% above median its own 10-year median of 38.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fine Foods & Pharmaceuticals NTM SpA stock overvalued right now?
Based on GuruFocus' analysis, Fine Foods & Pharmaceuticals NTM SpA (MIL:FF) is currently considered Fairly Valued. The stock's GF Value™ is €9.14, compared to a current price of €8.86 — trading 3.1% below its estimated fair value. The current Gross Margin % is 47.81%, which is 24% above median its 10-year median of 38.60 and 81.3% above the Consumer Packaged Goods industry median of 26.37. Fine Foods & Pharmaceuticals NTM SpA's overall GF Score™ is 77/100 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 Fine Foods & Pharmaceuticals NTM SpA (MIL:FF), the current Gross Margin % is 47.81% 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 Fine Foods & Pharmaceuticals NTM SpA (MIL:FF) Overvalued in 2026?

Based on GuruFocus' analysis, Fine Foods & Pharmaceuticals NTM SpA stock appears to be undervalued. The current stock price of €8.86 is trading 3.1% below its estimated GF Value™ of €9.14. GuruFocus considers Fine Foods & Pharmaceuticals NTM SpA to be Fairly Valued.

Key valuation signals for MIL:FF:

  • Gross Margin %: 47.81% (24% above median its 10-year median of 38.60)
  • GF Value™: €9.14 vs. price of €8.86 (3.1% below fair value)
  • GF Score™: 77/100 with 3 warning signs
  • Industry Position: 81.3% above the Consumer Packaged Goods median (#369 of 1902)

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


Fine Foods & Pharmaceuticals NTM SpA Business Description

Other Exchanges 9S5:Germany
Address Via Berlino, 39, Verdellino, Zingonia, Bergamo, ITA, 24040
Fine Foods & Pharmaceuticals NTM SpA is engaged in contract development and manufacturing of pharmaceuticals, nutraceuticals, and medical devices in solid oral forms. The company produces pharmaceutical products such as powders and granules, tablets, film tablets, and hard gelatin capsules, packed in sachets, blisters, and pillows.
77GF Score

Get the complete analysis for MIL:FF

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

€8.86
Price
€9.14
GF Value