Gas Plus SpAMIL:GSP -0.18%67 Net Margin % is 11.90% as of Dec. 2025, which is 908% above its 10-year median of 1.18. GuruFocus rates MIL:GSP with a GF Score™ of 67/100 and a GF Value™ of €3.23 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 916 Oil & Gas companies, Gas Plus SpA ranks better than 72.93% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Gas Plus SpA's Net Income for the
six
months ended in Dec. 2025 was €9.6 Mil. Gas Plus SpA's Revenue for the
six
months ended in Dec. 2025 was €80.6 Mil. Therefore, Gas Plus SpA's net margin for the quarter that ended in Dec. 2025 was 11.90%.
The historical rank and industry rank for Gas Plus SpA's Net Margin % or its related term are showing as below:
MIL:GSP'
s Net Margin % Range Over the Past 10 Years
Min: -45.44 Med: 1.18 Max: 30.93
Current: 11.83
MIL:GSP's Net Margin % is ranked better than 72.93% of 916
companies
in the Oil & Gas industry
Industry Median: 3.435
vs MIL:GSP: 11.83
Gas Plus SpA (MIL:GSP) 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.
Gas Plus SpA Net Margin % Related Terms
Gas Plus SpA Net Margin % Historical Data
* Premium members only.
The historical data trend for Gas Plus 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.
For the Oil & Gas E&P subindustry, Gas Plus 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.
Gas Plus SpA Net Margin % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Gas Plus SpA's Net Margin % distribution charts can be found below:
* The bar in red indicates where Gas Plus 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.
Gas Plus SpA (MIL:GSP) has a Net Margin % of 11.90% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on Gas Plus SpA and its competitors. This is 908% above median its historical median of 1.18. According to the industry distribution chart, Gas Plus SpA ranks #248 out of 916 companies in the Oil & Gas industry, placing it in the top 27.1%.
Is Gas Plus SpA's Net Margin % too high?
Gas Plus SpA's current Net Margin % of 11.90% is 908% above median its 10-year median of 1.18. The Oil & Gas industry median Net Margin % is 3.44. Gas Plus SpA's value of 11.90% is 246.4% above this industry median. Based on the distribution chart, Gas Plus SpA ranks #248 out of 916 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Gas Plus SpA has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Gas Plus SpA's Net Margin % compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Gas Plus SpA ranks #248 out of 916 companies for Net Margin %. This puts Gas Plus SpA in the upper half of its industry. The industry median Net Margin % is 3.44. Gas Plus SpA's value of 11.90% is 246.4% above this benchmark. While the company's 10-year median is 1.18 vs. the industry median of 3.44, Gas Plus 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 an Oil & Gas company?
The median Net Margin % among Oil & Gas companies is 3.44, based on 916 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. Gas Plus SpA's current Net Margin % of 11.90% is 246.4% 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 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 Gas Plus SpA and its competitors. For the Oil & Gas industry, the median Net Margin % is 3.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gas Plus SpA's current Net Margin % is 11.90%, which is 908% above median its own 10-year median of 1.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gas Plus SpA stock overvalued right now?
Based on GuruFocus' analysis, Gas Plus SpA (MIL:GSP) is currently considered Significantly Overvalued. The stock's GF Value™ is €3.23, compared to a current price of €5.52 — trading 70.9% above its estimated fair value. The current Net Margin % is 11.90%, which is 908% above median its 10-year median of 1.18 and 246.4% above the Oil & Gas industry median of 3.44. Gas Plus SpA's overall GF Score™ is 67/100 with 2 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 Gas Plus SpA (MIL:GSP), the current Net Margin % is 11.90% 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 Gas Plus SpA (MIL:GSP) Overvalued in 2026?
Based on GuruFocus' analysis, Gas Plus SpA stock appears to be overvalued.
The current stock price of €5.52 is trading 70.9% above its estimated GF Value™ of €3.23.
GuruFocus considers Gas Plus SpA to be Significantly Overvalued.
Key valuation signals for MIL:GSP:
Net Margin %: 11.90% (908% above median its 10-year median of 1.18)
GF Value™: €3.23 vs. price of €5.52 (70.9% above fair value)
Industry Position: 246.4% above the Oil & Gas median (#248 of 916)
No single metric tells the full story. See the MIL:GSP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Gas Plus SpA through its subsidiaries is engaged in the exploration and production of natural gas in Italy. The company is also involved in the production, purchase, distribution, and sale of natural gas. The company holds approximately 47 cultivation concessions distributed throughout Italy and manages a total of about 1,600 kilometers of regional distribution and transportation network located around 39 municipalities.
67GF Score
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