ElecnorXMAD:ENO -2.30%71 Gross Margin % is 49.39% as of Dec. 2025, which is 0% below its 10-year median of 49.46. GuruFocus rates XMAD:ENO with a GF Score™ of 71/100 and a GF Value™ of €22.42 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,719 Construction companies, Elecnor ranks better than 88.77% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. Elecnor's Gross Profit for the
six
months ended in Dec. 2025 was €1,178 Mil. Elecnor's Revenue for the
six
months ended in Dec. 2025 was €2,386 Mil. Therefore, Elecnor's Gross Margin % for the quarter that ended in Dec. 2025 was 49.39%.
The historical rank and industry rank for Elecnor's Gross Margin % or its related term are showing as below:
XMAD:ENO'
s Gross Margin % Range Over the Past 10 Years
Min: 46.11 Med: 49.46 Max: 51.56
Current: 49.6
During the past 13 years, the highestGross Margin % of Elecnor was 51.56%. The lowest was 46.11%. And the median was 49.46%.
XMAD:ENO's Gross Margin % is ranked better than 88.77% of 1719
companies
in the Construction industry
Industry Median: 20.71
vs XMAD:ENO: 49.60
Elecnor had a gross margin of 49.39% for the quarter that ended in Dec. 2025 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Elecnor was -0.10% per year.
Elecnor (XMAD:ENO) 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
Elecnor had a gross margin of 49.39% 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.
Elecnor Gross Margin % Related Terms
Elecnor Gross Margin % Historical Data
* Premium members only.
The historical data trend for Elecnor'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.
XMAD:ENO vs PWR, FIX, EME: Gross Margin % Comparison
For the Engineering & Construction subindustry, Elecnor'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.
Elecnor Gross Margin % vs Construction Industry
For the Construction industry and Industrials sector, Elecnor's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Elecnor'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.
Elecnor (XMAD:ENO) has a Gross Margin % of 49.39% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Elecnor and its competitors. This is near median its historical median of 49.46. Over the past decade, Elecnor's Gross Margin % has ranged from 46.11 to 51.56. According to the industry distribution chart, Elecnor ranks #193 out of 1719 companies in the Construction industry, placing it in the top 11.2%.
Is Elecnor's Gross Margin % too high?
Elecnor's current Gross Margin % of 49.39% is near median its 10-year median of 49.46. Over the past 10 years, this metric has ranged from a low of 46.11 to a high of 51.56. The Construction industry median Gross Margin % is 20.71. Elecnor's value of 49.39% is 138.5% above this industry median. Based on the distribution chart, Elecnor ranks #193 out of 1719 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Elecnor has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Elecnor's Gross Margin % compare to PWR and FIX?
According to the Construction industry distribution chart, Elecnor ranks #193 out of 1719 companies for Gross Margin %. This places Elecnor in the top 11% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 20.71. Elecnor's value of 49.39% is 138.5% above this benchmark. Historically, Elecnor's own Gross Margin % has ranged from 46.11 to 51.56 over the past decade. While the company's 10-year median is 49.46 vs. the industry median of 20.71, Elecnor 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 Construction company?
The median Gross Margin % among Construction companies is 20.71, based on 1,719 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. Elecnor's current Gross Margin % of 49.39% is 138.5% 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 Elecnor and its competitors. For the Construction industry, the median Gross Margin % is 20.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elecnor's current Gross Margin % is 49.39%, which is near median its own 10-year median of 49.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elecnor stock overvalued right now?
Based on GuruFocus' analysis, Elecnor (XMAD:ENO) is currently considered Significantly Overvalued. The stock's GF Value™ is €22.42, compared to a current price of €38.30 — trading 70.8% above its estimated fair value. The current Gross Margin % is 49.39%, which is near median its 10-year median of 49.46 and 138.5% above the Construction industry median of 20.71. Elecnor's overall GF Score™ is 71/100 with 7 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 Elecnor (XMAD:ENO), the current Gross Margin % is 49.39% 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 Elecnor (XMAD:ENO) Overvalued in 2026?
Based on GuruFocus' analysis, Elecnor stock appears to be overvalued.
The current stock price of €38.30 is trading 70.8% above its estimated GF Value™ of €22.42.
GuruFocus considers Elecnor to be Significantly Overvalued.
Key valuation signals for XMAD:ENO:
Gross Margin %: 49.39% (near median its 10-year median of 49.46)
GF Value™: €22.42 vs. price of €38.30 (70.8% above fair value)
Industry Position: 138.5% above the Construction median (#193 of 1719)
No single metric tells the full story. See the XMAD:ENO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Elecnor SA is a Spanish engineering and construction company. The company organizes itself into two segments: Services and Projects business, and Concessions business. It generates the vast majority of revenue from the Services and Projects business segment. It generates electricity, operates power lines and substations, provides gas pipeline services, provides services for railways, develops telecommunications infrastructure, and constructs and maintains other infrastructure projects. The company derives majority of its revenue Internationally.
71GF Score
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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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