PNE AGXTER:PNE3 -0.37%67 Gross Margin % is 72.60% as of Mar. 2026, which is 2% above its 10-year median of 71.48. GuruFocus rates XTER:PNE3 with a GF Score™ of 67/100 and a GF Value™ of €27.07 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 404 Utilities - Independent Power Producers companies, PNE AG ranks better than 86.39% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. PNE AG's Gross Profit for the
three
months ended in Mar. 2026 was €40.8 Mil. PNE AG's Revenue for the
three
months ended in Mar. 2026 was €56.2 Mil. Therefore, PNE AG's Gross Margin % for the quarter that ended in Mar. 2026 was 72.60%.
The historical rank and industry rank for PNE AG's Gross Margin % or its related term are showing as below:
XTER:PNE3'
s Gross Margin % Range Over the Past 10 Years
Min: 53.49 Med: 71.48 Max: 90.21
Current: 74.32
During the past 13 years, the highestGross Margin % of PNE AG was 90.21%. The lowest was 53.49%. And the median was 71.48%.
XTER:PNE3's Gross Margin % is ranked better than 86.39% of 404
companies
in the Utilities - Independent Power Producers industry
Industry Median: 31.32
vs XTER:PNE3: 74.32
PNE AG had a gross margin of 72.60% for the quarter that ended in Mar. 2026 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for PNE AG was 3.10% per year.
PNE AG (XTER:PNE3) 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
PNE AG had a gross margin of 72.60% 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.
PNE AG Gross Margin % Related Terms
PNE AG Gross Margin % Historical Data
* Premium members only.
The historical data trend for PNE AG'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.
For the Utilities - Renewable subindustry, PNE AG'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.
PNE AG Gross Margin % vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, PNE AG's Gross Margin % distribution charts can be found below:
* The bar in red indicates where PNE AG'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.
PNE AG (XTER:PNE3) has a Gross Margin % of 72.60% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on PNE AG and its competitors. This is near median its historical median of 71.48. Over the past decade, PNE AG's Gross Margin % has ranged from 53.49 to 90.21. According to the industry distribution chart, PNE AG ranks #55 out of 404 companies in the Utilities - Independent Power Producers industry, placing it in the top 13.6%.
Is PNE AG's Gross Margin % too high?
PNE AG's current Gross Margin % of 72.60% is near median its 10-year median of 71.48. Over the past 10 years, this metric has ranged from a low of 53.49 to a high of 90.21. The Utilities - Independent Power Producers industry median Gross Margin % is 31.32. PNE AG's value of 72.60% is 131.8% above this industry median. Based on the distribution chart, PNE AG ranks #55 out of 404 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, PNE AG has a GF Score™ of 67/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does PNE AG's Gross Margin % compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, PNE AG ranks #55 out of 404 companies for Gross Margin %. This places PNE AG in the top 14% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 31.32. PNE AG's value of 72.60% is 131.8% above this benchmark. Historically, PNE AG's own Gross Margin % has ranged from 53.49 to 90.21 over the past decade. While the company's 10-year median is 71.48 vs. the industry median of 31.32, PNE AG 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 an Utilities - Independent Power Producers company?
The median Gross Margin % among Utilities - Independent Power Producers companies is 31.32, based on 404 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. PNE AG's current Gross Margin % of 72.60% is 131.8% 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 PNE AG and its competitors. For the Utilities - Independent Power Producers industry, the median Gross Margin % is 31.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PNE AG's current Gross Margin % is 72.60%, which is near median its own 10-year median of 71.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PNE AG stock overvalued right now?
Based on GuruFocus' analysis, PNE AG (XTER:PNE3) is currently considered Possible Value Trap. The stock's GF Value™ is €27.07, compared to a current price of €10.66 — trading 60.6% below its estimated fair value. The current Gross Margin % is 72.60%, which is near median its 10-year median of 71.48 and 131.8% above the Utilities - Independent Power Producers industry median of 31.32. PNE AG's overall GF Score™ is 67/100 with 6 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 PNE AG (XTER:PNE3), the current Gross Margin % is 72.60% 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 PNE AG (XTER:PNE3) Overvalued in 2026?
Based on GuruFocus' analysis, PNE AG stock appears to be undervalued.
The current stock price of €10.66 is trading 60.6% below its estimated GF Value™ of €27.07.
GuruFocus considers PNE AG to be Possible Value Trap.
Key valuation signals for XTER:PNE3:
Gross Margin %: 72.60% (near median its 10-year median of 71.48)
GF Value™: €27.07 vs. price of €10.66 (60.6% below fair value)
Industry Position: 131.8% above the Utilities - Independent Power Producers median (#55 of 404)
No single metric tells the full story. See the XTER:PNE3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PNE AG is a developer of projects in the renewable energy sector. The company's core business is the project development as well the construction and operation of onshore and offshore wind farms. It operates in three segments: project development (project planning of wind energy and photovoltaic projects), power generation, and services (management and servicing of wind farms and PV power plants as well as revenues from transformer station usage fees). In the power generation segment, revenues were achieved by the sale of electricity from ongoing operations of wind farms and of the Silbitz biomass power station. Key revenue is generated from power generation segment.
67GF Score
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