OVS SpAMIL:OVS +0.25%71 Gross Margin % is 60.54% as of Jan. 2026, which is 5% above its 10-year median of 57.67. GuruFocus rates MIL:OVS with a GF Score™ of 71/100 and a GF Value™ of €3.41 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,024 Manufacturing - Apparel & Accessories companies, OVS SpA ranks better than 89.06% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. OVS SpA's Gross Profit for the
six
months ended in Jan. 2026 was €604 Mil. OVS SpA's Revenue for the
six
months ended in Jan. 2026 was €997 Mil. Therefore, OVS SpA's Gross Margin % for the quarter that ended in Jan. 2026 was 60.54%.
The historical rank and industry rank for OVS SpA's Gross Margin % or its related term are showing as below:
MIL:OVS'
s Gross Margin % Range Over the Past 10 Years
Min: 55.59 Med: 57.67 Max: 60.96
Current: 60.96
During the past 13 years, the highestGross Margin % of OVS SpA was 60.96%. The lowest was 55.59%. And the median was 57.67%.
MIL:OVS's Gross Margin % is ranked better than 89.06% of 1024
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 28.415
vs MIL:OVS: 60.96
OVS SpA had a gross margin of 60.54% for the quarter that ended in Jan. 2026 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for OVS SpA was 1.20% per year.
OVS SpA (MIL:OVS) 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
OVS SpA had a gross margin of 60.54% for the quarter that ended in Jan. 2026 => 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.
OVS SpA Gross Margin % Related Terms
OVS SpA Gross Margin % Historical Data
* Premium members only.
The historical data trend for OVS 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:OVS vs RL, LEVI, VFC: Gross Margin % Comparison
For the Apparel Manufacturing subindustry, OVS 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.
OVS SpA Gross Margin % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, OVS SpA's Gross Margin % distribution charts can be found below:
* The bar in red indicates where OVS 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.
OVS SpA (MIL:OVS) has a Gross Margin % of 60.54% as of Jan. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on OVS SpA and its competitors. This is near median its historical median of 57.67. Over the past decade, OVS SpA's Gross Margin % has ranged from 55.59 to 60.96. According to the industry distribution chart, OVS SpA ranks #112 out of 1024 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 10.9%.
Is OVS SpA's Gross Margin % too high?
OVS SpA's current Gross Margin % of 60.54% is near median its 10-year median of 57.67. Over the past 10 years, this metric has ranged from a low of 55.59 to a high of 60.96. The Manufacturing - Apparel & Accessories industry median Gross Margin % is 28.42. OVS SpA's value of 60.54% is 113.1% above this industry median. Based on the distribution chart, OVS SpA ranks #112 out of 1024 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, OVS SpA has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does OVS SpA's Gross Margin % compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, OVS SpA ranks #112 out of 1024 companies for Gross Margin %. This places OVS SpA in the top 11% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 28.42. OVS SpA's value of 60.54% is 113.1% above this benchmark. Historically, OVS SpA's own Gross Margin % has ranged from 55.59 to 60.96 over the past decade. While the company's 10-year median is 57.67 vs. the industry median of 28.42, OVS 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 Manufacturing - Apparel & Accessories company?
The median Gross Margin % among Manufacturing - Apparel & Accessories companies is 28.42, based on 1,024 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. OVS SpA's current Gross Margin % of 60.54% is 113.1% 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 OVS SpA and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Gross Margin % is 28.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. OVS SpA's current Gross Margin % is 60.54%, which is near median its own 10-year median of 57.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OVS SpA stock overvalued right now?
Based on GuruFocus' analysis, OVS SpA (MIL:OVS) is currently considered Significantly Overvalued. The stock's GF Value™ is €3.41, compared to a current price of €6.06 — trading 77.7% above its estimated fair value. The current Gross Margin % is 60.54%, which is near median its 10-year median of 57.67 and 113.1% above the Manufacturing - Apparel & Accessories industry median of 28.42. OVS SpA's overall GF Score™ is 71/100 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 OVS SpA (MIL:OVS), the current Gross Margin % is 60.54% as of Jan. 2026. 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 OVS SpA (MIL:OVS) Overvalued in 2026?
Based on GuruFocus' analysis, OVS SpA stock appears to be overvalued.
The current stock price of €6.06 is trading 77.7% above its estimated GF Value™ of €3.41.
GuruFocus considers OVS SpA to be Significantly Overvalued.
Key valuation signals for MIL:OVS:
Gross Margin %: 60.54% (near median its 10-year median of 57.67)
GF Value™: €3.41 vs. price of €6.06 (77.7% above fair value)
Industry Position: 113.1% above the Manufacturing - Apparel & Accessories median (#112 of 1024)
No single metric tells the full story. See the MIL:OVS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
OVS SpA is an Italian fashion retailer. The company develops and markets menswear, womenswear and children's wear. Its operating segment includes OVS, UPIM and Sempione Fashion. OVS segment offers stylish and high-quality clothing at competitive prices focusing on the latest trends and fashion. Its UPIM segment offers women's, men's and children's clothing products, homeware and fragrance, The company generates maximum revenue from the OVS segment. Geographically, it has a presence in Italy, Bangladesh, China, Hong Kong, India, Pakistan, Turkey, Spain, Croatia, and Serbia.
71GF Score
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