Circle SpAMIL:CIRC -2.19%83 Net Margin % is 10.52% as of Dec. 2025, which is 8% below its 10-year median of 11.42. GuruFocus rates MIL:CIRC with a GF Score™ of 83/100 and a GF Value™ of €12.25 (Fairly Valued). The stock has 7 warning signs investors should review. Among 2,825 Software companies, Circle SpA ranks better than 75.93% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Circle SpA's Net Income for the
six
months ended in Dec. 2025 was €1.26 Mil. Circle SpA's Revenue for the
six
months ended in Dec. 2025 was €12.01 Mil. Therefore, Circle SpA's net margin for the quarter that ended in Dec. 2025 was 10.52%.
The historical rank and industry rank for Circle SpA's Net Margin % or its related term are showing as below:
MIL:CIRC'
s Net Margin % Range Over the Past 10 Years
Min: -1.79 Med: 11.42 Max: 17.77
Current: 10.15
MIL:CIRC's Net Margin % is ranked better than 75.93% of 2825
companies
in the Software industry
Industry Median: 2.54
vs MIL:CIRC: 10.15
Circle SpA (MIL:CIRC) 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.
Circle SpA Net Margin % Related Terms
Circle SpA Net Margin % Historical Data
* Premium members only.
The historical data trend for Circle SpA'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.
MIL:CIRC vs IBM, ACN, FISV: Net Margin % Comparison
For the Information Technology Services subindustry, Circle SpA'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.
Circle SpA Net Margin % vs Software Industry
For the Software industry and Technology sector, Circle SpA's Net Margin % distribution charts can be found below:
* The bar in red indicates where Circle SpA'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.
Circle SpA (MIL:CIRC) has a Net Margin % of 10.52% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on Circle SpA and its competitors. This is near median its historical median of 11.42. According to the industry distribution chart, Circle SpA ranks #680 out of 2825 companies in the Software industry, placing it in the top 24.1%.
Is Circle SpA's Net Margin % too high?
Circle SpA's current Net Margin % of 10.52% is near median its 10-year median of 11.42. The Software industry median Net Margin % is 2.54. Circle SpA's value of 10.52% is 314.2% above this industry median. Based on the distribution chart, Circle SpA ranks #680 out of 2825 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Circle SpA has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Circle SpA's Net Margin % compare to IBM and ACN?
According to the Software industry distribution chart, Circle SpA ranks #680 out of 2825 companies for Net Margin %. This places Circle SpA in the top 24% of its industry — outperforming the majority of peers. The industry median Net Margin % is 2.54. Circle SpA's value of 10.52% is 314.2% above this benchmark. While the company's 10-year median is 11.42 vs. the industry median of 2.54, Circle SpA 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 a Software company?
The median Net Margin % among Software companies is 2.54, based on 2,825 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. Circle SpA's current Net Margin % of 10.52% is 314.2% 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 Circle SpA and its competitors. For the Software industry, the median Net Margin % is 2.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Circle SpA's current Net Margin % is 10.52%, which is near median its own 10-year median of 11.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Circle SpA stock overvalued right now?
Based on GuruFocus' analysis, Circle SpA (MIL:CIRC) is currently considered Fairly Valued. The stock's GF Value™ is €12.25, compared to a current price of €13.40 — trading 9.4% above its estimated fair value. The current Net Margin % is 10.52%, which is near median its 10-year median of 11.42 and 314.2% above the Software industry median of 2.54. Circle SpA's overall GF Score™ is 83/100 with 7 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 Circle SpA (MIL:CIRC), the current Net Margin % is 10.52% 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 Circle SpA (MIL:CIRC) Overvalued in 2026?
Based on GuruFocus' analysis, Circle SpA stock appears to be overvalued.
The current stock price of €13.40 is trading 9.4% above its estimated GF Value™ of €12.25.
GuruFocus considers Circle SpA to be Fairly Valued.
Key valuation signals for MIL:CIRC:
Net Margin %: 10.52% (near median its 10-year median of 11.42)
GF Value™: €12.25 vs. price of €13.40 (9.4% above fair value)
Industry Position: 314.2% above the Software median (#680 of 2825)
No single metric tells the full story. See the MIL:CIRC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Circle SpA is engaged in providing consulting services, technological solutions, and digital marketing services to companies operating predominantly in the logistics and transportation sectors. It provides strategic consulting services in the fields of port management, logistics, and transport, and also develops software solutions to optimize flow management and improve logistics processes. The company's service offerings in the digital marketing sector include; services for the analysis, identification, and use of multi-channel communication tools for the implementation of digital marketing strategies.
83GF Score
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