Indel B SpA (MIL:INDB) Gross Margin %: 43.89% (As of Dec. 2025) — Near Median


MIL:INDB Indel B SpA MIL:INDB
82 GF Score
Price €19.30
GF Value €21.99
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Indel B SpA Gross Margin %?

Indel B SpA MIL:INDB 82 Gross Margin % is 43.89% as of Dec. 2025, which is 6% above its 10-year median of 41.26. GuruFocus rates MIL:INDB with a GF Score™ of 82/100 and a GF Value™ of €21.99 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,313 Vehicles & Parts companies, Indel B SpA ranks better than 90.25% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Indel B SpA's Gross Profit for the six months ended in Dec. 2025 was €43.5 Mil. Indel B SpA's Revenue for the six months ended in Dec. 2025 was €99.1 Mil. Therefore, Indel B SpA's Gross Margin % for the quarter that ended in Dec. 2025 was 43.89%.


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

MIL:INDB' s Gross Margin % Range Over the Past 10 Years
Min: 37.22   Med: 41.26   Max: 46.02
Current: 44.08


During the past 12 years, the highest Gross Margin % of Indel B SpA was 46.02%. The lowest was 37.22%. And the median was 41.26%.

MIL:INDB's Gross Margin % is ranked better than
90.25% of 1313 companies
in the Vehicles & Parts industry
Industry Median: 19.84 vs MIL:INDB: 44.08

Indel B SpA had a gross margin of 43.89% for the quarter that ended in Dec. 2025 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Indel B SpA was 0.20% per year.


Indel B SpA  (MIL:INDB) 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

Indel B SpA had a gross margin of 43.89% 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.


Indel B SpA Gross Margin % Related Terms


Indel B SpA Gross Margin % Historical Data

* Premium members only.

The historical data trend for Indel B 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.

Indel B SpA Gross Margin % Chart

Indel B 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 46.02 45.73 40.78 43.84 44.08

Indel B SpA Semi-Annual Data
Dec15 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 41.54 41.92 46.13 44.26 43.89

MIL:INDB vs ORLY, AZO, BWA: Gross Margin % Comparison

For the Auto Parts subindustry, Indel B 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.


Indel B SpA Gross Margin % vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Indel B SpA's Gross Margin % distribution charts can be found below:

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


MIL:INDB
82GF Score
Indel B SpA MIL:INDB
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Indel B SpA Gross Margin % Calculation

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

Indel B 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 )
=91 / 206.494
=(Revenue - Cost of Goods Sold) / Revenue
=(206.494 - 115.47) / 206.494
=44.08 %

Indel B 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 )
=43.5 / 99.103
=(Revenue - Cost of Goods Sold) / Revenue
=(99.103 - 55.608) / 99.103
=43.89 %

* 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 43.89% mean?
Indel B SpA (MIL:INDB) has a Gross Margin % of 43.89% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Indel B SpA and its competitors. This is near median its historical median of 41.26. Over the past decade, Indel B SpA's Gross Margin % has ranged from 37.22 to 46.02. According to the industry distribution chart, Indel B SpA ranks #128 out of 1313 companies in the Vehicles & Parts industry, placing it in the top 9.7%.
Is Indel B SpA's Gross Margin % too high?
Indel B SpA's current Gross Margin % of 43.89% is near median its 10-year median of 41.26. Over the past 10 years, this metric has ranged from a low of 37.22 to a high of 46.02. The Vehicles & Parts industry median Gross Margin % is 19.84. Indel B SpA's value of 43.89% is 121.2% above this industry median. Based on the distribution chart, Indel B SpA ranks #128 out of 1313 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Indel B SpA has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Indel B SpA's Gross Margin % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Indel B SpA ranks #128 out of 1313 companies for Gross Margin %. This places Indel B SpA in the top 10% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 19.84. Indel B SpA's value of 43.89% is 121.2% above this benchmark. Historically, Indel B SpA's own Gross Margin % has ranged from 37.22 to 46.02 over the past decade. While the company's 10-year median is 41.26 vs. the industry median of 19.84, Indel B 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 Vehicles & Parts company?
The median Gross Margin % among Vehicles & Parts companies is 19.84, based on 1,313 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. Indel B SpA's current Gross Margin % of 43.89% is 121.2% 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 Indel B SpA and its competitors. For the Vehicles & Parts industry, the median Gross Margin % is 19.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indel B SpA's current Gross Margin % is 43.89%, which is near median its own 10-year median of 41.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indel B SpA stock overvalued right now?
Based on GuruFocus' analysis, Indel B SpA (MIL:INDB) is currently considered Modestly Undervalued. The stock's GF Value™ is €21.99, compared to a current price of €19.30 — trading 12.2% below its estimated fair value. The current Gross Margin % is 43.89%, which is near median its 10-year median of 41.26 and 121.2% above the Vehicles & Parts industry median of 19.84. Indel B SpA's overall GF Score™ is 82/100 with 6 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 Indel B SpA (MIL:INDB), the current Gross Margin % is 43.89% 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 Indel B SpA (MIL:INDB) Overvalued in 2026?

Based on GuruFocus' analysis, Indel B SpA stock appears to be undervalued. The current stock price of €19.30 is trading 12.2% below its estimated GF Value™ of €21.99. GuruFocus considers Indel B SpA to be Modestly Undervalued.

Key valuation signals for MIL:INDB:

  • Gross Margin %: 43.89% (near median its 10-year median of 41.26)
  • GF Value™: €21.99 vs. price of €19.30 (12.2% below fair value)
  • GF Score™: 82/100 with 6 warning signs
  • Industry Position: 121.2% above the Vehicles & Parts median (#128 of 1313)

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


Indel B SpA Business Description

Other Exchanges 2I6:Germany
Address Via Sarsinate, 27, Sant Agata Feltria, Rimini, ITA, 47866
Indel B SpA manufactures and sells mobile, refrigerators and cooling systems. The company offers fridges and parking air coolers for cars, off-road vehicles, motor homes/caravans, commercial vehicles, minibusses, luxury coaches, and ambulances; and hotel minibars, electronic safes, lock systems, hairdryers, LED lighting products, and LED televisions.
82GF Score

Get the complete analysis for MIL:INDB

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

€19.30
Price
€21.99
GF Value