Italian Wine Brands SpA (MIL:IWB) Gross Margin %: 33.81% (As of Dec. 2025) — Near Median


MIL:IWB Italian Wine Brands SpA MIL:IWB
75 GF Score
Price €18.80
GF Value €21.13
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Italian Wine Brands SpA Gross Margin %?

Italian Wine Brands SpA MIL:IWB +0.64% 75 Gross Margin % is 33.81% as of Dec. 2025, which is 8% below its 10-year median of 36.70. GuruFocus rates MIL:IWB with a GF Score™ of 75/100 and a GF Value™ of €21.13 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 205 Beverages - Alcoholic companies, Italian Wine Brands SpA ranks worse than 68.29% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Italian Wine Brands SpA's Gross Profit for the six months ended in Dec. 2025 was €71.3 Mil. Italian Wine Brands SpA's Revenue for the six months ended in Dec. 2025 was €210.8 Mil. Therefore, Italian Wine Brands SpA's Gross Margin % for the quarter that ended in Dec. 2025 was 33.81%.

Warning Sign:

Italian Wine Brands SpA gross margin has been in long-term decline. The average rate of decline per year is -2.2%.


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

MIL:IWB' s Gross Margin % Range Over the Past 10 Years
Min: 30.58   Med: 36.7   Max: 44.84
Current: 34.27


During the past 11 years, the highest Gross Margin % of Italian Wine Brands SpA was 44.84%. The lowest was 30.58%. And the median was 36.70%.

MIL:IWB's Gross Margin % is ranked worse than
68.29% of 205 companies
in the Beverages - Alcoholic industry
Industry Median: 42.29 vs MIL:IWB: 34.27

Italian Wine Brands SpA had a gross margin of 33.81% for the quarter that ended in Dec. 2025 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Italian Wine Brands SpA was -2.20% per year.


Italian Wine Brands SpA  (MIL:IWB) 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

Italian Wine Brands SpA had a gross margin of 33.81% for the quarter that ended in Dec. 2025 => Competition eroding margins


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.


Italian Wine Brands SpA Gross Margin % Related Terms


Italian Wine Brands SpA Gross Margin % Historical Data

* Premium members only.

The historical data trend for Italian Wine Brands 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.

Italian Wine Brands SpA Gross Margin % Chart

Italian Wine Brands 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 34.75 30.58 32.05 34.69 34.27

Italian Wine Brands 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 32.68 34.43 34.93 34.79 33.81

MIL:IWB vs BF.B: Gross Margin % Comparison

For the Beverages - Wineries & Distilleries subindustry, Italian Wine Brands 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.


Italian Wine Brands SpA Gross Margin % vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Italian Wine Brands SpA's Gross Margin % distribution charts can be found below:

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


MIL:IWB
75GF Score
Italian Wine Brands SpA MIL:IWB
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Italian Wine Brands SpA Gross Margin % Calculation

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

Italian Wine Brands 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 )
=135.7 / 395.9
=(Revenue - Cost of Goods Sold) / Revenue
=(395.9 - 260.233) / 395.9
=34.27 %

Italian Wine Brands 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 )
=71.3 / 210.766
=(Revenue - Cost of Goods Sold) / Revenue
=(210.766 - 139.508) / 210.766
=33.81 %

* 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 33.81% mean?
Italian Wine Brands SpA (MIL:IWB) has a Gross Margin % of 33.81% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Italian Wine Brands SpA and its competitors. This is near median its historical median of 36.70. Over the past decade, Italian Wine Brands SpA's Gross Margin % has ranged from 30.58 to 44.84. According to the industry distribution chart, Italian Wine Brands SpA ranks #140 out of 205 companies in the Beverages - Alcoholic industry, placing it in the top 68.3%.
Is Italian Wine Brands SpA's Gross Margin % too high?
Italian Wine Brands SpA's current Gross Margin % of 33.81% is near median its 10-year median of 36.70. Over the past 10 years, this metric has ranged from a low of 30.58 to a high of 44.84. The Beverages - Alcoholic industry median Gross Margin % is 42.29. Italian Wine Brands SpA's value of 33.81% is 20.1% below this industry median. Based on the distribution chart, Italian Wine Brands SpA ranks #140 out of 205 companies in the Beverages - Alcoholic industry, which is below the industry midpoint. Overall, Italian Wine Brands SpA has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Italian Wine Brands SpA's Gross Margin % compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, Italian Wine Brands SpA ranks #140 out of 205 companies for Gross Margin %. This places Italian Wine Brands SpA in the lower half of its industry. The industry median Gross Margin % is 42.29. Italian Wine Brands SpA's value of 33.81% is 20.1% below this benchmark. Historically, Italian Wine Brands SpA's own Gross Margin % has ranged from 30.58 to 44.84 over the past decade. While the company's 10-year median is 36.70 vs. the industry median of 42.29, Italian Wine Brands SpA has consistently been below 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 Beverages - Alcoholic company?
The median Gross Margin % among Beverages - Alcoholic companies is 42.29, based on 205 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. Italian Wine Brands SpA's current Gross Margin % of 33.81% is 20.1% below 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 Italian Wine Brands SpA and its competitors. For the Beverages - Alcoholic industry, the median Gross Margin % is 42.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Italian Wine Brands SpA's current Gross Margin % is 33.81%, which is near median its own 10-year median of 36.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Italian Wine Brands SpA stock overvalued right now?
Based on GuruFocus' analysis, Italian Wine Brands SpA (MIL:IWB) is currently considered Modestly Undervalued. The stock's GF Value™ is €21.13, compared to a current price of €18.80 — trading 11% below its estimated fair value. The current Gross Margin % is 33.81%, which is near median its 10-year median of 36.70 and 20.1% below the Beverages - Alcoholic industry median of 42.29. Italian Wine Brands SpA's overall GF Score™ is 75/100 with 4 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 Italian Wine Brands SpA (MIL:IWB), the current Gross Margin % is 33.81% 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 Italian Wine Brands SpA (MIL:IWB) Overvalued in 2026?

Based on GuruFocus' analysis, Italian Wine Brands SpA stock appears to be undervalued. The current stock price of €18.80 is trading 11% below its estimated GF Value™ of €21.13. GuruFocus considers Italian Wine Brands SpA to be Modestly Undervalued.

Key valuation signals for MIL:IWB:

  • Gross Margin %: 33.81% (near median its 10-year median of 36.70)
  • GF Value™: €21.13 vs. price of €18.80 (11% below fair value)
  • GF Score™: 75/100 with 4 warning signs
  • Industry Position: 20.1% below the Beverages - Alcoholic median (#140 of 205)

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


Italian Wine Brands SpA Business Description

Other Exchanges MR3:Germany
Address Viale Abruzzi 94, Milan, ITA, 20131
Italian Wine Brands SpA through its subsidiaries is engaged in the production and distribution of wine in Italy. The group works through two different sales channels namely Distance Selling and Wholesale. The company also offers gourmet food products, coffee, and extra virgin olive oil, to Terre dei Gigli and Italian Art Cafe brands. The company operates in Europe and rest of the world.
75GF Score

Get the complete analysis for MIL:IWB

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

€18.80
Price
€21.13
GF Value