Natuzzi SpANTZ 34 Gross Margin % is 30.20% as of Dec. 2025, which is 11% below its 10-year median of 33.94. GuruFocus rates NTZ with a GF Score™ of 34/100 and a GF Value™ of $4.35 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 419 Furnishings, Fixtures & Appliances companies, Natuzzi SpA ranks better than 60.62% on this metric.
The historical rank and industry rank for Natuzzi SpA's Gross Margin % or its related term are showing as below:
NTZ'
s Gross Margin % Range Over the Past 10 Years
Min: 28.07 Med: 33.94 Max: 36.29
Current: 33.53
During the past 13 years, the highestGross Margin % of Natuzzi SpA was 36.29%. The lowest was 28.07%. And the median was 33.94%.
NTZ's Gross Margin % is ranked better than 60.62% of 419
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 29.11
vs NTZ: 33.53
Natuzzi SpA had a gross margin of 30.20% for the quarter that ended in Dec. 2025 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Natuzzi SpA was 1.00% per year.
Natuzzi SpA (NYSE:NTZ) 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
Natuzzi SpA had a gross margin of 30.20% 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.
Natuzzi SpA Gross Margin % Related Terms
Natuzzi SpA Gross Margin % Historical Data
* Premium members only.
The historical data trend for Natuzzi 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.
NTZ vs EFOI, SNBR, CRWS: Gross Margin % Comparison
For the Furnishings, Fixtures & Appliances subindustry, Natuzzi 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.
Natuzzi SpA Gross Margin % vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Natuzzi SpA's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Natuzzi 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.
Natuzzi SpA (NTZ) has a Gross Margin % of 30.20% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Natuzzi SpA and its competitors. This is 11% below median its historical median of 33.94. Over the past decade, Natuzzi SpA's Gross Margin % has ranged from 28.07 to 36.29. According to the industry distribution chart, Natuzzi SpA ranks #165 out of 419 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 39.4%.
Is Natuzzi SpA's Gross Margin % too high?
Natuzzi SpA's current Gross Margin % of 30.20% is 11% below median its 10-year median of 33.94. Over the past 10 years, this metric has ranged from a low of 28.07 to a high of 36.29. The Furnishings, Fixtures & Appliances industry median Gross Margin % is 29.11. Natuzzi SpA's value of 30.20% is 3.7% above this industry median. Based on the distribution chart, Natuzzi SpA ranks #165 out of 419 companies in the Furnishings, Fixtures & Appliances industry, which is above the industry midpoint. Overall, Natuzzi SpA has a GF Score™ of 34/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Natuzzi SpA's Gross Margin % compare to EFOI and SNBR?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Natuzzi SpA ranks #165 out of 419 companies for Gross Margin %. This puts Natuzzi SpA in the upper half of its industry. The industry median Gross Margin % is 29.11. Natuzzi SpA's value of 30.20% is 3.7% above this benchmark. Historically, Natuzzi SpA's own Gross Margin % has ranged from 28.07 to 36.29 over the past decade. While the company's 10-year median is 33.94 vs. the industry median of 29.11, Natuzzi 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 Furnishings, Fixtures & Appliances company?
The median Gross Margin % among Furnishings, Fixtures & Appliances companies is 29.11, based on 419 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. Natuzzi SpA's current Gross Margin % of 30.20% is 3.7% 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 Natuzzi SpA and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Gross Margin % is 29.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Natuzzi SpA's current Gross Margin % is 30.20%, which is 11% below median its own 10-year median of 33.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Natuzzi SpA stock overvalued right now?
Based on GuruFocus' analysis, Natuzzi SpA (NTZ) is currently considered Possible Value Trap. The stock's GF Value™ is $4.35, compared to a current price of $1.92 — trading 55.9% below its estimated fair value. The current Gross Margin % is 30.20%, which is 11% below median its 10-year median of 33.94 and 3.7% above the Furnishings, Fixtures & Appliances industry median of 29.11. Natuzzi SpA's overall GF Score™ is 34/100 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 Natuzzi SpA (NTZ), the current Gross Margin % is 30.20% 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 Natuzzi SpA (NTZ) Overvalued in 2026?
Based on GuruFocus' analysis, Natuzzi SpA stock appears to be undervalued.
The current stock price of $1.92 is trading 55.9% below its estimated GF Value™ of $4.35.
GuruFocus considers Natuzzi SpA to be Possible Value Trap.
Key valuation signals for NTZ:
Gross Margin %: 30.20% (11% below median its 10-year median of 33.94)
GF Value™: $4.35 vs. price of $1.92 (55.9% below fair value)
Industry Position: 3.7% above the Furnishings, Fixtures & Appliances median (#165 of 419)
No single metric tells the full story. See the NTZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Natuzzi SpA is an Italian firm that designs, manufactures, and sells contemporary and traditional leather and fabric-upholstered furniture. Its product portfolio includes sofas, loveseats, armchairs, sectional furniture, motion furniture, sofa beds, living room furnishings, and accessories. The company markets its products under several brands such as Natuzzi Italia, Private Label, and Natuzzi Editions. The Group operates in two operating segments, the Natuzzi brand and Private label. The Natuzzi brand segment includes net sales from the Natuzzi Italia, Natuzzi Editions, and Divani&Divani by Natuzzi product lines. Geographically, it derives a majority of its revenue from the United States of America and also has an international presence in Italy, Spain, the UK, China, and Other countries.
34GF Score
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