Innovatec SpAMIL:INC -2.01%30 Gross Margin % is 49.62% as of Dec. 2025, which is 29% below its 10-year median of 70.30. GuruFocus rates MIL:INC with a GF Score™ of 30/100 and a GF Value™ of €0.04 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 491 Utilities - Regulated companies, Innovatec SpA ranks better than 91.24% 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
Innovatec SpA had a gross margin of 49.62% 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.
Innovatec SpA Gross Margin % Related Terms
Innovatec SpA Gross Margin % Historical Data
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The historical data trend for Innovatec 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.
MIL:INC vs NEE, SO, DUK: Gross Margin % Comparison
For the Utilities - Regulated Electric subindustry, Innovatec 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.
Innovatec SpA Gross Margin % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Innovatec SpA's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Innovatec 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.
Innovatec SpA (MIL:INC) has a Gross Margin % of 49.62% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Innovatec SpA and its competitors. This is 29% below median its historical median of 70.30. Over the past decade, Innovatec SpA's Gross Margin % has ranged from 52.03 to 100.74. According to the industry distribution chart, Innovatec SpA ranks #43 out of 491 companies in the Utilities - Regulated industry, placing it in the top 8.8%.
Is Innovatec SpA's Gross Margin % too high?
Innovatec SpA's current Gross Margin % of 49.62% is 29% below median its 10-year median of 70.30. Over the past 10 years, this metric has ranged from a low of 52.03 to a high of 100.74. The Utilities - Regulated industry median Gross Margin % is 30.95. Innovatec SpA's value of 49.62% is 60.3% above this industry median. Based on the distribution chart, Innovatec SpA ranks #43 out of 491 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Innovatec SpA has a GF Score™ of 30/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Innovatec SpA's Gross Margin % compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Innovatec SpA ranks #43 out of 491 companies for Gross Margin %. This places Innovatec SpA in the top 9% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 30.95. Innovatec SpA's value of 49.62% is 60.3% above this benchmark. Historically, Innovatec SpA's own Gross Margin % has ranged from 52.03 to 100.74 over the past decade. While the company's 10-year median is 70.30 vs. the industry median of 30.95, Innovatec 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 - Regulated company?
The median Gross Margin % among Utilities - Regulated companies is 30.95, based on 491 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. Innovatec SpA's current Gross Margin % of 49.62% is 60.3% 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 Innovatec SpA and its competitors. For the Utilities - Regulated industry, the median Gross Margin % is 30.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Innovatec SpA's current Gross Margin % is 49.62%, which is 29% below median its own 10-year median of 70.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Innovatec SpA stock overvalued right now?
Based on GuruFocus' analysis, Innovatec SpA (MIL:INC) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.04, compared to a current price of €0.18 — trading 356% above its estimated fair value. The current Gross Margin % is 49.62%, which is 29% below median its 10-year median of 70.30 and 60.3% above the Utilities - Regulated industry median of 30.95. Innovatec SpA's overall GF Score™ is 30/100 with 8 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 Innovatec SpA (MIL:INC), the current Gross Margin % is 49.62% 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 Innovatec SpA (MIL:INC) Overvalued in 2026?
Based on GuruFocus' analysis, Innovatec SpA stock appears to be overvalued.
The current stock price of €0.18 is trading 356% above its estimated GF Value™ of €0.04.
GuruFocus considers Innovatec SpA to be Significantly Overvalued.
Key valuation signals for MIL:INC:
Gross Margin %: 49.62% (29% below median its 10-year median of 70.30)
GF Value™: €0.04 vs. price of €0.18 (356% above fair value)
Industry Position: 60.3% above the Utilities - Regulated median (#43 of 491)
No single metric tells the full story. See the MIL:INC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Innovatec SpA is engaged in the field of energy efficiency and renewable energies. The group is an integrated energy service provider which develops and operates technology, products and services.
30GF Score
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