Vocento (XMAD:VOC) Gross Margin %: 88.45% (As of Mar. 2026) — Near Median


XMAD:VOC Vocento SA XMAD:VOC
42 GF Score
Price €0.83
GF Value €0.68
Valuation Modestly Overvalued
! 1 Warning Sign
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What is Vocento Gross Margin %?

Vocento XMAD:VOC -0.72% 42 Gross Margin % is 88.45% as of Mar. 2026, which is 0% above its 10-year median of 88.21. GuruFocus rates XMAD:VOC with a GF Score™ of 42/100 and a GF Value™ of €0.68 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 953 Media - Diversified companies, Vocento ranks better than 93.18% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Vocento's Gross Profit for the three months ended in Mar. 2026 was €47.6 Mil. Vocento's Revenue for the three months ended in Mar. 2026 was €53.8 Mil. Therefore, Vocento's Gross Margin % for the quarter that ended in Mar. 2026 was 88.45%.


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

XMAD:VOC' s Gross Margin % Range Over the Past 10 Years
Min: 69.17   Med: 88.21   Max: 92.51
Current: 91.45


During the past 13 years, the highest Gross Margin % of Vocento was 92.51%. The lowest was 69.17%. And the median was 88.21%.

XMAD:VOC's Gross Margin % is ranked better than
93.18% of 953 companies
in the Media - Diversified industry
Industry Median: 38.9 vs XMAD:VOC: 91.45

Vocento had a gross margin of 88.45% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Vocento was 2.50% per year.


Vocento  (XMAD:VOC) 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

Vocento had a gross margin of 88.45% for the quarter that ended in Mar. 2026 => 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.


Vocento Gross Margin % Related Terms


Vocento Gross Margin % Historical Data

* Premium members only.

The historical data trend for Vocento'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.

Vocento Gross Margin % Chart

Vocento 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 92.35 91.42 92.51 92.47 91.54

Vocento Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 89.03 93.87 -0.03 94.83 88.45

XMAD:VOC vs NYT, WLY: Gross Margin % Comparison

For the Publishing subindustry, Vocento'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.


Vocento Gross Margin % vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Vocento's Gross Margin % distribution charts can be found below:

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


XMAD:VOC
42GF Score
Vocento SA XMAD:VOC
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Vocento Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Vocento'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 )
=305.8 / 334.023
=(Revenue - Cost of Goods Sold) / Revenue
=(334.023 - 28.254) / 334.023
=91.54 %

Vocento's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=47.6 / 53.76
=(Revenue - Cost of Goods Sold) / Revenue
=(53.76 - 6.209) / 53.76
=88.45 %

* 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 88.45% mean?
Vocento (XMAD:VOC) has a Gross Margin % of 88.45% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Vocento and its competitors. This is near median its historical median of 88.21. Over the past decade, Vocento's Gross Margin % has ranged from 69.17 to 92.51. According to the industry distribution chart, Vocento ranks #65 out of 953 companies in the Media - Diversified industry, placing it in the top 6.8%.
Is Vocento's Gross Margin % too high?
Vocento's current Gross Margin % of 88.45% is near median its 10-year median of 88.21. Over the past 10 years, this metric has ranged from a low of 69.17 to a high of 92.51. The Media - Diversified industry median Gross Margin % is 38.90. Vocento's value of 88.45% is 127.4% above this industry median. Based on the distribution chart, Vocento ranks #65 out of 953 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, Vocento has a GF Score™ of 42/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Vocento's Gross Margin % compare to NYT and WLY?
According to the Media - Diversified industry distribution chart, Vocento ranks #65 out of 953 companies for Gross Margin %. This places Vocento in the top 7% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 38.90. Vocento's value of 88.45% is 127.4% above this benchmark. Historically, Vocento's own Gross Margin % has ranged from 69.17 to 92.51 over the past decade. While the company's 10-year median is 88.21 vs. the industry median of 38.90, Vocento 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 Media - Diversified company?
The median Gross Margin % among Media - Diversified companies is 38.90, based on 953 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. Vocento's current Gross Margin % of 88.45% is 127.4% 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 Vocento and its competitors. For the Media - Diversified industry, the median Gross Margin % is 38.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vocento's current Gross Margin % is 88.45%, which is near median its own 10-year median of 88.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vocento stock overvalued right now?
Based on GuruFocus' analysis, Vocento (XMAD:VOC) is currently considered Modestly Overvalued. The stock's GF Value™ is €0.68, compared to a current price of €0.83 — trading 22.1% above its estimated fair value. The current Gross Margin % is 88.45%, which is near median its 10-year median of 88.21 and 127.4% above the Media - Diversified industry median of 38.90. Vocento's overall GF Score™ is 42/100 with 1 warning sign 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 Vocento (XMAD:VOC), the current Gross Margin % is 88.45% as of Mar. 2026. 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 Vocento (XMAD:VOC) Overvalued in 2026?

Based on GuruFocus' analysis, Vocento stock appears to be overvalued. The current stock price of €0.83 is trading 22.1% above its estimated GF Value™ of €0.68. GuruFocus considers Vocento to be Modestly Overvalued.

Key valuation signals for XMAD:VOC:

  • Gross Margin %: 88.45% (near median its 10-year median of 88.21)
  • GF Value™: €0.68 vs. price of €0.83 (22.1% above fair value)
  • GF Score™: 42/100 with 1 warning sign
  • Industry Position: 127.4% above the Media - Diversified median (#65 of 953)

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


Vocento Business Description

Other Exchanges 0KDD:UKVON:Germany
Address Gran Via Don Diego Lopez de Haro, 45, 3rd Floor, Bilbao, ESP, 48011
Vocento SA is a multimedia communication company. It provides distribution of press and other products, the sale of advertising space, newspaper printing and technical counseling on audiovisual productions. In addition, the group is also involved in the operation of various portal such as pisos.com, a real estate classified portal; infoempleo.com, an employment classified portal; and autocasion.com, a used vehicles classified portal. Geographically, all the business activities are functioned through the region of Spain.
42GF Score

Get the complete analysis for XMAD:VOC

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

€0.83
Price
€0.68
GF Value