Spindox SpA gross margin has been in long-term decline. The average rate of decline per year is -6.5%.
The historical rank and industry rank for Spindox SpA's Gross Margin % or its related term are showing as below:
MIL:SPN'
s Gross Margin % Range Over the Past 10 Years
Min: 33.2 Med: 38.01 Max: 52.43
Current: 33.2
During the past 6 years, the highestGross Margin % of Spindox SpA was 52.43%. The lowest was 33.20%. And the median was 38.01%.
MIL:SPN's Gross Margin % is not ranked
in the Software industry.
Industry Median: 40.45
vs MIL:SPN: 33.20
Spindox SpA had a gross margin of 45.93% for the quarter that ended in Jun. 2025 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Spindox SpA was -6.50% per year.
Spindox SpA (MIL:SPN) 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
Spindox SpA had a gross margin of 45.93% for the quarter that ended in Jun. 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.
Spindox SpA Gross Margin % Related Terms
Spindox SpA Gross Margin % Historical Data
* Premium members only.
The historical data trend for Spindox 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:SPN vs IBM, ACN, CTSH: Gross Margin % Comparison
For the Information Technology Services subindustry, Spindox 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.
Spindox SpA Gross Margin % vs Software Industry
For the Software industry and Technology sector, Spindox SpA's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Spindox 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.
Spindox SpA (MIL:SPN) has a Gross Margin % of 45.93% as of Jun. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Spindox SpA and its competitors. This is 21% above median its historical median of 38.01. Over the past decade, Spindox SpA's Gross Margin % has ranged from 33.20 to 52.43.
Is Spindox SpA's Gross Margin % too high?
Spindox SpA's current Gross Margin % of 45.93% is 21% above median its 10-year median of 38.01. Over the past 10 years, this metric has ranged from a low of 33.20 to a high of 52.43. The Software industry median Gross Margin % is 40.45. Spindox SpA's value of 45.93% is 13.5% above this industry median. Overall, Spindox SpA has a GF Score™ of 57/100, reflecting its overall financial health beyond just this single metric.
How does Spindox SpA's Gross Margin % compare to IBM and ACN?
Spindox SpA's Gross Margin % of 45.93% can be compared against companies in the Software industry. The industry median Gross Margin % is 40.45. Spindox SpA's value of 45.93% is 13.5% above this benchmark. Historically, Spindox SpA's own Gross Margin % has ranged from 33.20 to 52.43 over the past decade. While the company's 10-year median is 38.01 vs. the industry median of 40.45, Spindox 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 Software company?
The median Gross Margin % among Software companies is 40.45, based on 2,685 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. Spindox SpA's current Gross Margin % of 45.93% is 13.5% 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 Spindox SpA and its competitors. For the Software industry, the median Gross Margin % is 40.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spindox SpA's current Gross Margin % is 45.93%, which is 21% above median its own 10-year median of 38.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spindox SpA stock overvalued right now?
Spindox SpA (MIL:SPN) has a current Gross Margin % of 45.93%. The stock's GF Value™ is €10.82, compared to a current price of €12.95 — trading 19.7% above its estimated fair value. The current Gross Margin % is 45.93%, which is 21% above median its 10-year median of 38.01 and 13.5% above the Software industry median of 40.45. Spindox SpA's overall GF Score™ is 57/100 with 8 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 Spindox SpA (MIL:SPN), the current Gross Margin % is 45.93% as of Jun. 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 Spindox SpA (MIL:SPN) Overvalued in 2026?
Based on GuruFocus' analysis, Spindox SpA stock appears to be overvalued.
The current stock price of €12.95 is trading 19.7% above its estimated GF Value™ of €10.82.
Key valuation signals for MIL:SPN:
Gross Margin %: 45.93% (21% above median its 10-year median of 38.01)
GF Value™: €10.82 vs. price of €12.95 (19.7% above fair value)
Industry Position: 13.5% above the Software median
No single metric tells the full story. See the MIL:SPN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Spindox SpA operates in the Information and Communication Technology services and products market. It offers consulting, IT and network engineering services, AI technological solutions, and research support in the Italian market.
57GF Score
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