KME Group SpAMIL:KME -1.13%41 Gross Margin % is 16.45% as of Dec. 2025, which is 37% below its 10-year median of 25.97. GuruFocus rates MIL:KME with a GF Score™ of 41/100 and a GF Value™ of €1,294.15 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 730 Metals & Mining companies, KME Group SpA ranks worse than 54.11% on this metric.
The historical rank and industry rank for KME Group SpA's Gross Margin % or its related term are showing as below:
MIL:KME'
s Gross Margin % Range Over the Past 10 Years
Min: 22.5 Med: 25.97 Max: 28.94
Current: 22.5
During the past 13 years, the highestGross Margin % of KME Group SpA was 28.94%. The lowest was 22.50%. And the median was 25.97%.
MIL:KME's Gross Margin % is ranked worse than 54.11% of 730
companies
in the Metals & Mining industry
Industry Median: 26.175
vs MIL:KME: 22.50
KME Group SpA had a gross margin of 16.45% for the quarter that ended in Dec. 2025 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for KME Group SpA was 0.00% per year.
KME Group SpA (MIL:KME) 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
KME Group SpA had a gross margin of 16.45% for the quarter that ended in Dec. 2025 => No sustainable 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.
KME Group SpA Gross Margin % Related Terms
KME Group SpA Gross Margin % Historical Data
* Premium members only.
The historical data trend for KME Group 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.
For the Copper subindustry, KME Group 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.
KME Group SpA Gross Margin % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, KME Group SpA's Gross Margin % distribution charts can be found below:
* The bar in red indicates where KME Group 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.
KME Group SpA (MIL:KME) has a Gross Margin % of 16.45% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on KME Group SpA and its competitors. This is 37% below median its historical median of 25.97. Over the past decade, KME Group SpA's Gross Margin % has ranged from 22.50 to 28.94. According to the industry distribution chart, KME Group SpA ranks #395 out of 730 companies in the Metals & Mining industry, placing it in the top 54.1%.
Is KME Group SpA's Gross Margin % too high?
KME Group SpA's current Gross Margin % of 16.45% is 37% below median its 10-year median of 25.97. Over the past 10 years, this metric has ranged from a low of 22.50 to a high of 28.94. The Metals & Mining industry median Gross Margin % is 26.18. KME Group SpA's value of 16.45% is 37.2% below this industry median. Based on the distribution chart, KME Group SpA ranks #395 out of 730 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, KME Group SpA has a GF Score™ of 41/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does KME Group SpA's Gross Margin % compare to SCCO and FCX?
According to the Metals & Mining industry distribution chart, KME Group SpA ranks #395 out of 730 companies for Gross Margin %. This places KME Group SpA in the lower half of its industry. The industry median Gross Margin % is 26.18. KME Group SpA's value of 16.45% is 37.2% below this benchmark. Historically, KME Group SpA's own Gross Margin % has ranged from 22.50 to 28.94 over the past decade. While the company's 10-year median is 25.97 vs. the industry median of 26.18, KME Group 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 Metals & Mining company?
The median Gross Margin % among Metals & Mining companies is 26.18, based on 730 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. KME Group SpA's current Gross Margin % of 16.45% is 37.2% 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 KME Group SpA and its competitors. For the Metals & Mining industry, the median Gross Margin % is 26.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KME Group SpA's current Gross Margin % is 16.45%, which is 37% below median its own 10-year median of 25.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KME Group SpA stock overvalued right now?
Based on GuruFocus' analysis, KME Group SpA (MIL:KME) is currently considered Possible Value Trap. The stock's GF Value™ is €1,294.15, compared to a current price of €0.88 — trading 99.9% below its estimated fair value. The current Gross Margin % is 16.45%, which is 37% below median its 10-year median of 25.97 and 37.2% below the Metals & Mining industry median of 26.18. KME Group SpA's overall GF Score™ is 41/100 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 KME Group SpA (MIL:KME), the current Gross Margin % is 16.45% 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 KME Group SpA (MIL:KME) Overvalued in 2026?
Based on GuruFocus' analysis, KME Group SpA stock appears to be undervalued.
The current stock price of €0.88 is trading 99.9% below its estimated GF Value™ of €1,294.15.
GuruFocus considers KME Group SpA to be Possible Value Trap.
Key valuation signals for MIL:KME:
Gross Margin %: 16.45% (37% below median its 10-year median of 25.97)
GF Value™: €1,294.15 vs. price of €0.88 (99.9% below fair value)
Industry Position: 37.2% below the Metals & Mining median (#395 of 730)
No single metric tells the full story. See the MIL:KME stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
KME Group SpA is a diversified investment holding company. It invests in copper sector and financial and real estate assets sector. The copper sector includes the production and marketing of copper and copper-alloy semi-finished products. The financial and real estate assets sector includes the private equity activity, carried out mainly through the closed-ended investment fund, and the management of receivables. The company generates the majority of the revenue from the copper sector.
41GF Score
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