SPXSF (Spirax Group) Gross Margin %: 0.00% (As of Dec. 2025)


SPXSF Spirax Group PLC SPXSF
89 GF Score
Price $91.10
GF Value $111.46
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Spirax Group Gross Margin %?

Spirax Group SPXSF 89 Gross Margin % is 0.00% as of Dec. 2025. GuruFocus rates SPXSF with a GF Score™ of 89/100 and a GF Value™ of $111.46 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 3,003 Industrial Products companies, Spirax Group ranks better than 98.87% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Spirax Group's Gross Profit for the six months ended in Dec. 2025 was $1,179 Mil. Spirax Group's Revenue for the six months ended in Dec. 2025 was $1,179 Mil. Therefore, Spirax Group's Gross Margin % for the quarter that ended in Dec. 2025 was 0.00%. If there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.


The historical rank and industry rank for Spirax Group's Gross Margin % or its related term are showing as below:

SPXSF' s Gross Margin % Range Over the Past 10 Years
Min: 75.52   Med: 76.09   Max: 77.34
Current: 76.83


During the past 13 years, the highest Gross Margin % of Spirax Group was 77.34%. The lowest was 75.52%. And the median was 76.09%.

SPXSF's Gross Margin % is ranked better than
98.87% of 3003 companies
in the Industrial Products industry
Industry Median: 26.79 vs SPXSF: 76.83

Spirax Group had a gross margin of N/A% for the quarter that ended in Dec. 2025 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Spirax Group was 0.10% per year.


Spirax Group  (OTCPK:SPXSF) 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

Spirax Group had a gross margin of N/A% 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.


Spirax Group Gross Margin % Related Terms


Spirax Group Gross Margin % Historical Data

* Premium members only.

The historical data trend for Spirax Group'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.

Spirax Group Gross Margin % Chart

Spirax Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 77.34 76.09 76.08 76.19 76.83

Spirax Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

SPXSF vs GEV, ETN, PH: Gross Margin % Comparison

For the Specialty Industrial Machinery subindustry, Spirax Group'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.


Spirax Group Gross Margin % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Spirax Group's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Spirax Group's Gross Margin % falls into.


SPXSF
89GF Score
Spirax Group PLC SPXSF
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Spirax Group Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

Spirax Group's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=1751.4 / 2279.652
=(Revenue - Cost of Goods Sold) / Revenue
=(2279.652 - 528.246) / 2279.652
=76.83 %

Spirax Group's Gross Margin for the quarter that ended in Dec. 2025 is calculated as


Gross Margin % (Q: Dec. 2025 )=Gross Profit (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=1179 / 1178.983
=(Revenue - Cost of Goods Sold) / Revenue
=(1178.983 - 0) / 1178.983
=N/A %

* 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.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 0.00% mean?
Spirax Group (SPXSF) has a Gross Margin % of 0.00% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Spirax Group and its competitors. Over the past decade, Spirax Group's Gross Margin % has ranged from 75.52 to 77.34. According to the industry distribution chart, Spirax Group ranks #34 out of 3003 companies in the Industrial Products industry, placing it in the top 1.1%.
Is Spirax Group's Gross Margin % too high?
Spirax Group's current Gross Margin % is 0.00%. Over the past 10 years, this metric has ranged from a low of 75.52 to a high of 77.34. Based on the distribution chart, Spirax Group ranks #34 out of 3003 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Spirax Group has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Spirax Group's Gross Margin % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Spirax Group ranks #34 out of 3003 companies for Gross Margin %. This places Spirax Group in the top 1% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 26.79. Historically, Spirax Group's own Gross Margin % has ranged from 75.52 to 77.34 over the past decade. 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 Industrial Products company?
The median Gross Margin % among Industrial Products companies is 26.79, based on 3,003 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. 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 Spirax Group and its competitors. For the Industrial Products industry, the median Gross Margin % is 26.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spirax Group's current Gross Margin % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spirax Group stock overvalued right now?
Based on GuruFocus' analysis, Spirax Group (SPXSF) is currently considered Modestly Undervalued. The stock's GF Value™ is $111.46, compared to a current price of $91.10 — trading 18.3% below its estimated fair value. The current Gross Margin % is 0.00%. Spirax Group's overall GF Score™ is 89/100 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 Spirax Group (SPXSF), the current Gross Margin % is 0.00% 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 Spirax Group (SPXSF) Overvalued in 2026?

Based on GuruFocus' analysis, Spirax Group stock appears to be undervalued. The current stock price of $91.10 is trading 18.3% below its estimated GF Value™ of $111.46. GuruFocus considers Spirax Group to be Modestly Undervalued.

Key valuation signals for SPXSF:

  • Gross Margin %: 0.00%
  • GF Value™: $111.46 vs. price of $91.10 (18.3% below fair value)
  • GF Score™: 89/100 with 4 warning signs

No single metric tells the full story. See the SPXSF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Spirax Group Business Description

Address Cirencester Road, Charlton House, Charlton Kings, Cheltenham, Gloucestershire, GBR, GL53 8ER
Spirax is a global manufacturer of a wide range of applications for industrial and commercial steam systems, electric thermal solutions, and peristaltic pumps used across multiple industries. The group operates across three segments and has over 110,000 direct customers across 130 countries. Approximately 85% of group sales are generated from recurring maintenance and small improvements to existing customer systems. Spirax has 1,700 product lines and 2,100 sales and service engineers, who account for 25% of employees.
89GF Score

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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$91.10
Price
$111.46
GF Value