Porto Aviation Group SpAMIL:PAG -1.23%38 Gross Margin % is 108.62% as of Dec. 2025, which is 91% above its 10-year median of 56.97. GuruFocus rates MIL:PAG with a GF Score™ of 38/100 and a GF Value™ of €6.36 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 343 Aerospace & Defense companies, Porto Aviation Group SpA ranks better than 97.38% on this metric.
Porto Aviation Group SpA (MIL:PAG) 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
Porto Aviation Group SpA had a gross margin of 108.62% 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.
Porto Aviation Group SpA Gross Margin % Related Terms
Porto Aviation Group SpA Gross Margin % Historical Data
* 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:PAG vs SPCX, GE, RTX: Gross Margin % Comparison
For the Aerospace & Defense subindustry, Porto Aviation 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.
Porto Aviation Group SpA Gross Margin % vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Porto Aviation Group SpA's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Porto Aviation 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.
Porto Aviation Group SpA (MIL:PAG) has a Gross Margin % of 108.62% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Porto Aviation Group SpA and its competitors. This is 91% above median its historical median of 56.97. Over the past decade, Porto Aviation Group SpA's Gross Margin % has ranged from 41.87 to 77.64. According to the industry distribution chart, Porto Aviation Group SpA ranks #9 out of 343 companies in the Aerospace & Defense industry, placing it in the top 2.6%.
Is Porto Aviation Group SpA's Gross Margin % too high?
Porto Aviation Group SpA's current Gross Margin % of 108.62% is 91% above median its 10-year median of 56.97. Over the past 10 years, this metric has ranged from a low of 41.87 to a high of 77.64. The Aerospace & Defense industry median Gross Margin % is 26.61. Porto Aviation Group SpA's value of 108.62% is 308.2% above this industry median. Based on the distribution chart, Porto Aviation Group SpA ranks #9 out of 343 companies in the Aerospace & Defense industry, which is in the top quartile — a strong position relative to peers. Overall, Porto Aviation Group SpA has a GF Score™ of 38/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Porto Aviation Group SpA's Gross Margin % compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Porto Aviation Group SpA ranks #9 out of 343 companies for Gross Margin %. This places Porto Aviation Group SpA in the top 3% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 26.61. Porto Aviation Group SpA's value of 108.62% is 308.2% above this benchmark. Historically, Porto Aviation Group SpA's own Gross Margin % has ranged from 41.87 to 77.64 over the past decade. While the company's 10-year median is 56.97 vs. the industry median of 26.61, Porto Aviation Group 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 Aerospace & Defense company?
The median Gross Margin % among Aerospace & Defense companies is 26.61, based on 343 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. Porto Aviation Group SpA's current Gross Margin % of 108.62% is 308.2% 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 Porto Aviation Group SpA and its competitors. For the Aerospace & Defense industry, the median Gross Margin % is 26.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Porto Aviation Group SpA's current Gross Margin % is 108.62%, which is 91% above median its own 10-year median of 56.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Porto Aviation Group SpA stock overvalued right now?
Based on GuruFocus' analysis, Porto Aviation Group SpA (MIL:PAG) is currently considered Modestly Overvalued. The stock's GF Value™ is €6.36, compared to a current price of €8.00 — trading 25.8% above its estimated fair value. The current Gross Margin % is 108.62%, which is 91% above median its 10-year median of 56.97 and 308.2% above the Aerospace & Defense industry median of 26.61. Porto Aviation Group SpA's overall GF Score™ is 38/100 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 Porto Aviation Group SpA (MIL:PAG), the current Gross Margin % is 108.62% 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 Porto Aviation Group SpA (MIL:PAG) Overvalued in 2026?
Based on GuruFocus' analysis, Porto Aviation Group SpA stock appears to be overvalued.
The current stock price of €8.00 is trading 25.8% above its estimated GF Value™ of €6.36.
GuruFocus considers Porto Aviation Group SpA to be Modestly Overvalued.
Key valuation signals for MIL:PAG:
Gross Margin %: 108.62% (91% above median its 10-year median of 56.97)
GF Value™: €6.36 vs. price of €8.00 (25.8% above fair value)
Industry Position: 308.2% above the Aerospace & Defense median (#9 of 343)
No single metric tells the full story. See the MIL:PAG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Porto Aviation Group SpA designs, constructs, and markets single-engine aircraft. The group develops an activity of manufacturing aeronautical components, particularly propellers, propeller systems, control systems, wheels, braking systems, and hydraulic components.
38GF Score
Get the complete analysis for MIL:PAG
Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MIL:PAG has been successfully added to your 