Frendy Energy SpAMIL:FRE -2.09%28 Gross Margin % is 92.77% as of Dec. 2025, which is 4% below its 10-year median of 96.98. GuruFocus rates MIL:FRE with a GF Score™ of 28/100 and a GF Value™ of €0.22 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 403 Utilities - Independent Power Producers companies, Frendy Energy SpA ranks better than 96.77% on this metric.
Frendy Energy SpA had a gross margin of 92.77% for the quarter that ended in Dec. 2025 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Frendy Energy SpA was 5.10% per year.
Frendy Energy SpA (MIL:FRE) 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
Frendy Energy SpA had a gross margin of 92.77% 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.
Frendy Energy SpA Gross Margin % Related Terms
Frendy Energy SpA Gross Margin % Historical Data
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The historical data trend for Frendy Energy 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.
Frendy Energy SpA Gross Margin % Competitor Comparison
For the Utilities - Renewable subindustry, Frendy Energy 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.
Frendy Energy SpA Gross Margin % vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Frendy Energy SpA's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Frendy Energy 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.
Frendy Energy SpA (MIL:FRE) has a Gross Margin % of 92.77% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Frendy Energy SpA and its competitors. This is near median its historical median of 96.98. Over the past decade, Frendy Energy SpA's Gross Margin % has ranged from 65.96 to 99.85. According to the industry distribution chart, Frendy Energy SpA ranks #13 out of 403 companies in the Utilities - Independent Power Producers industry, placing it in the top 3.2%.
Is Frendy Energy SpA's Gross Margin % too high?
Frendy Energy SpA's current Gross Margin % of 92.77% is near median its 10-year median of 96.98. Over the past 10 years, this metric has ranged from a low of 65.96 to a high of 99.85. The Utilities - Independent Power Producers industry median Gross Margin % is 31.35. Frendy Energy SpA's value of 92.77% is 195.9% above this industry median. Based on the distribution chart, Frendy Energy SpA ranks #13 out of 403 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Frendy Energy SpA has a GF Score™ of 28/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Frendy Energy SpA's Gross Margin % compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Frendy Energy SpA ranks #13 out of 403 companies for Gross Margin %. This places Frendy Energy SpA in the top 3% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 31.35. Frendy Energy SpA's value of 92.77% is 195.9% above this benchmark. Historically, Frendy Energy SpA's own Gross Margin % has ranged from 65.96 to 99.85 over the past decade. While the company's 10-year median is 96.98 vs. the industry median of 31.35, Frendy Energy 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 an Utilities - Independent Power Producers company?
The median Gross Margin % among Utilities - Independent Power Producers companies is 31.35, based on 403 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. Frendy Energy SpA's current Gross Margin % of 92.77% is 195.9% 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 Frendy Energy SpA and its competitors. For the Utilities - Independent Power Producers industry, the median Gross Margin % is 31.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Frendy Energy SpA's current Gross Margin % is 92.77%, which is near median its own 10-year median of 96.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Frendy Energy SpA stock overvalued right now?
Based on GuruFocus' analysis, Frendy Energy SpA (MIL:FRE) is currently considered Modestly Undervalued. The stock's GF Value™ is €0.22, compared to a current price of €0.19 — trading 15% below its estimated fair value. The current Gross Margin % is 92.77%, which is near median its 10-year median of 96.98 and 195.9% above the Utilities - Independent Power Producers industry median of 31.35. Frendy Energy SpA's overall GF Score™ is 28/100 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 Frendy Energy SpA (MIL:FRE), the current Gross Margin % is 92.77% 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 Frendy Energy SpA (MIL:FRE) Overvalued in 2026?
Based on GuruFocus' analysis, Frendy Energy SpA stock appears to be undervalued.
The current stock price of €0.19 is trading 15% below its estimated GF Value™ of €0.22.
GuruFocus considers Frendy Energy SpA to be Modestly Undervalued.
Key valuation signals for MIL:FRE:
Gross Margin %: 92.77% (near median its 10-year median of 96.98)
GF Value™: €0.22 vs. price of €0.19 (15% below fair value)
Industry Position: 195.9% above the Utilities - Independent Power Producers median (#13 of 403)
No single metric tells the full story. See the MIL:FRE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Frendy Energy SpA is an Italian company. It is engaged in building and operating mini hydropower plants towards the production and sale of electricity.
28GF Score
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