Lechwerke AGHAM:LEC -0.80%60 Net Margin % is 12.52% as of Dec. 2025, which is 42% above its 10-year median of 8.80. GuruFocus rates HAM:LEC with a GF Score™ of 60/100 and a GF Value™ of €43.87 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 501 Utilities - Regulated companies, Lechwerke AG ranks better than 55.69% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Lechwerke AG's Net Income for the
six
months ended in Dec. 2025 was €60.3 Mil. Lechwerke AG's Revenue for the
six
months ended in Dec. 2025 was €481.8 Mil. Therefore, Lechwerke AG's net margin for the quarter that ended in Dec. 2025 was 12.52%.
The historical rank and industry rank for Lechwerke AG's Net Margin % or its related term are showing as below:
HAM:LEC'
s Net Margin % Range Over the Past 10 Years
Min: 0.89 Med: 8.8 Max: 10.16
Current: 10.16
HAM:LEC's Net Margin % is ranked better than 55.69% of 501
companies
in the Utilities - Regulated industry
Industry Median: 8.8
vs HAM:LEC: 10.16
Lechwerke AG (HAM:LEC) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Lechwerke AG Net Margin % Related Terms
Lechwerke AG Net Margin % Historical Data
* Premium members only.
The historical data trend for Lechwerke AG's Net 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 - Diversified subindustry, Lechwerke AG's Net Margin %, along with its competitors' market caps and Net 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.
Lechwerke AG Net Margin % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Lechwerke AG's Net Margin % distribution charts can be found below:
* The bar in red indicates where Lechwerke AG's Net 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.
Lechwerke AG (HAM:LEC) has a Net Margin % of 12.52% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on Lechwerke AG and its competitors. This is 42% above median its historical median of 8.80. Over the past decade, Lechwerke AG's Net Margin % has ranged from 0.89 to 10.16. According to the industry distribution chart, Lechwerke AG ranks #222 out of 501 companies in the Utilities - Regulated industry, placing it in the top 44.3%.
Is Lechwerke AG's Net Margin % too high?
Lechwerke AG's current Net Margin % of 12.52% is 42% above median its 10-year median of 8.80. Over the past 10 years, this metric has ranged from a low of 0.89 to a high of 10.16. The Utilities - Regulated industry median Net Margin % is 8.80. Lechwerke AG's value of 12.52% is 42.3% above this industry median. Based on the distribution chart, Lechwerke AG ranks #222 out of 501 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Lechwerke AG has a GF Score™ of 60/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lechwerke AG's Net Margin % compare to SRE and AES?
According to the Utilities - Regulated industry distribution chart, Lechwerke AG ranks #222 out of 501 companies for Net Margin %. This puts Lechwerke AG in the upper half of its industry. The industry median Net Margin % is 8.80. Lechwerke AG's value of 12.52% is 42.3% above this benchmark. Historically, Lechwerke AG's own Net Margin % has ranged from 0.89 to 10.16 over the past decade. While the company's 10-year median is 8.80 vs. the industry median of 8.80, Lechwerke 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 Net Margin % for an Utilities - Regulated company?
The median Net Margin % among Utilities - Regulated companies is 8.80, based on 501 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Lechwerke AG's current Net Margin % of 12.52% is 42.3% 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Lechwerke AG and its competitors. For the Utilities - Regulated industry, the median Net Margin % is 8.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lechwerke AG's current Net Margin % is 12.52%, which is 42% above median its own 10-year median of 8.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lechwerke AG stock overvalued right now?
Based on GuruFocus' analysis, Lechwerke AG (HAM:LEC) is currently considered Modestly Overvalued. The stock's GF Value™ is €43.87, compared to a current price of €62.00 — trading 41.3% above its estimated fair value. The current Net Margin % is 12.52%, which is 42% above median its 10-year median of 8.80 and 42.3% above the Utilities - Regulated industry median of 8.80. Lechwerke AG's overall GF Score™ is 60/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Lechwerke AG (HAM:LEC), the current Net Margin % is 12.52% 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 Lechwerke AG (HAM:LEC) Overvalued in 2026?
Based on GuruFocus' analysis, Lechwerke AG stock appears to be overvalued.
The current stock price of €62.00 is trading 41.3% above its estimated GF Value™ of €43.87.
GuruFocus considers Lechwerke AG to be Modestly Overvalued.
Key valuation signals for HAM:LEC:
Net Margin %: 12.52% (42% above median its 10-year median of 8.80)
GF Value™: €43.87 vs. price of €62.00 (41.3% above fair value)
Industry Position: 42.3% above the Utilities - Regulated median (#222 of 501)
No single metric tells the full story. See the HAM:LEC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lechwerke AG is a regional energy supplier in Bavaria and parts of Baden-Wurttemberg. The company offers both electricity and gas products as well as all energy-related services such as contracting, energy certificates and energy controlling. The company also works in the field of street lighting as well as the development and implementation of energy efficiency projects and comprehensive energy concepts.
60GF Score
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