Technogym SpAMIL:TGYM -0.46%93 Net Margin % is 13.26% as of Dec. 2025, which is 33% above its 10-year median of 9.99. GuruFocus rates MIL:TGYM with a GF Score™ of 93/100 and a GF Value™ of €12.69 (Modestly Overvalued). Among 847 Travel & Leisure companies, Technogym SpA ranks better than 71.66% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Technogym SpA's Net Income for the
six
months ended in Dec. 2025 was €74 Mil. Technogym SpA's Revenue for the
six
months ended in Dec. 2025 was €560 Mil. Therefore, Technogym SpA's net margin for the quarter that ended in Dec. 2025 was 13.26%.
The historical rank and industry rank for Technogym SpA's Net Margin % or its related term are showing as below:
MIL:TGYM'
s Net Margin % Range Over the Past 10 Years
Min: 7.06 Med: 9.99 Max: 14.67
Current: 11.3
MIL:TGYM's Net Margin % is ranked better than 71.66% of 847
companies
in the Travel & Leisure industry
Industry Median: 4.78
vs MIL:TGYM: 11.30
Technogym SpA (MIL:TGYM) 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.
Technogym SpA Net Margin % Related Terms
Technogym SpA Net Margin % Historical Data
* Premium members only.
The historical data trend for Technogym 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 Leisure subindustry, Technogym 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.
Technogym SpA Net Margin % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Technogym SpA's Net Margin % distribution charts can be found below:
* The bar in red indicates where Technogym 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.
Technogym SpA (MIL:TGYM) has a Net Margin % of 13.26% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on Technogym SpA and its competitors. This is 33% above median its historical median of 9.99. Over the past decade, Technogym SpA's Net Margin % has ranged from 7.06 to 14.67. According to the industry distribution chart, Technogym SpA ranks #240 out of 847 companies in the Travel & Leisure industry, placing it in the top 28.3%.
Is Technogym SpA's Net Margin % too high?
Technogym SpA's current Net Margin % of 13.26% is 33% above median its 10-year median of 9.99. Over the past 10 years, this metric has ranged from a low of 7.06 to a high of 14.67. The Travel & Leisure industry median Net Margin % is 4.78. Technogym SpA's value of 13.26% is 177.4% above this industry median. Based on the distribution chart, Technogym SpA ranks #240 out of 847 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Technogym SpA has a GF Score™ of 93/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Technogym SpA's Net Margin % compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Technogym SpA ranks #240 out of 847 companies for Net Margin %. This puts Technogym SpA in the upper half of its industry. The industry median Net Margin % is 4.78. Technogym SpA's value of 13.26% is 177.4% above this benchmark. Historically, Technogym SpA's own Net Margin % has ranged from 7.06 to 14.67 over the past decade. While the company's 10-year median is 9.99 vs. the industry median of 4.78, Technogym 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 Travel & Leisure company?
The median Net Margin % among Travel & Leisure companies is 4.78, based on 847 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. Technogym SpA's current Net Margin % of 13.26% is 177.4% 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 Technogym SpA and its competitors. For the Travel & Leisure industry, the median Net Margin % is 4.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Technogym SpA's current Net Margin % is 13.26%, which is 33% above median its own 10-year median of 9.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Technogym SpA stock overvalued right now?
Based on GuruFocus' analysis, Technogym SpA (MIL:TGYM) is currently considered Modestly Overvalued. The stock's GF Value™ is €12.69, compared to a current price of €15.28 — trading 20.4% above its estimated fair value. The current Net Margin % is 13.26%, which is 33% above median its 10-year median of 9.99 and 177.4% above the Travel & Leisure industry median of 4.78. Technogym SpA's overall GF Score™ is 93/100. 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 Technogym SpA (MIL:TGYM), the current Net Margin % is 13.26% 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 Technogym SpA (MIL:TGYM) Overvalued in 2026?
Based on GuruFocus' analysis, Technogym SpA stock appears to be overvalued.
The current stock price of €15.28 is trading 20.4% above its estimated GF Value™ of €12.69.
GuruFocus considers Technogym SpA to be Modestly Overvalued.
Key valuation signals for MIL:TGYM:
Net Margin %: 13.26% (33% above median its 10-year median of 9.99)
GF Value™: €12.69 vs. price of €15.28 (20.4% above fair value)
Industry Position: 177.4% above the Travel & Leisure median (#240 of 847)
No single metric tells the full story. See the MIL:TGYM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Technogym SpA is a fitness equipment manufacturer. The company offers integrated solutions for personal wellness consisting of equipment, services, and digital solutions that can be personalized and adapted to the specific needs of end users and professional operators. The company offers a range of wellness, physical exercise, and rehabilitation solutions to the segments of the fitness equipment market and the overall wellness industry. Its geographical segments are Europe (except Italy), APAC, Americas, MEIA, and Italy.
93GF Score
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