Implenia AGXSWX:IMPN -3.23%56 Net Margin % is 3.13% as of Dec. 2025, which is 81% above its 10-year median of 1.73. GuruFocus rates XSWX:IMPN with a GF Score™ of 56/100 and a GF Value™ of CHF35.34 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,766 Construction companies, Implenia AG ranks worse than 60.08% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Implenia AG's Net Income for the
six
months ended in Dec. 2025 was CHF51 Mil. Implenia AG's Revenue for the
six
months ended in Dec. 2025 was CHF1,619 Mil. Therefore, Implenia AG's net margin for the quarter that ended in Dec. 2025 was 3.13%.
The historical rank and industry rank for Implenia AG's Net Margin % or its related term are showing as below:
XSWX:IMPN'
s Net Margin % Range Over the Past 10 Years
Min: -3.38 Med: 1.73 Max: 3.92
Current: 2.41
XSWX:IMPN's Net Margin % is ranked worse than 60.08% of 1766
companies
in the Construction industry
Industry Median: 3.92
vs XSWX:IMPN: 2.41
Implenia AG (XSWX:IMPN) 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.
Implenia AG Net Margin % Related Terms
Implenia AG Net Margin % Historical Data
* Premium members only.
The historical data trend for Implenia 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.
XSWX:IMPN vs PWR, FIX, EME: Net Margin % Comparison
For the Engineering & Construction subindustry, Implenia 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.
Implenia AG Net Margin % vs Construction Industry
For the Construction industry and Industrials sector, Implenia AG's Net Margin % distribution charts can be found below:
* The bar in red indicates where Implenia 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.
Implenia AG (XSWX:IMPN) has a Net Margin % of 3.13% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on Implenia AG and its competitors. This is 81% above median its historical median of 1.73. According to the industry distribution chart, Implenia AG ranks #1061 out of 1766 companies in the Construction industry, placing it in the top 60.1%.
Is Implenia AG's Net Margin % too high?
Implenia AG's current Net Margin % of 3.13% is 81% above median its 10-year median of 1.73. The Construction industry median Net Margin % is 3.92. Implenia AG's value of 3.13% is 20.2% below this industry median. Based on the distribution chart, Implenia AG ranks #1061 out of 1766 companies in the Construction industry, which is below the industry midpoint. Overall, Implenia AG has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Implenia AG's Net Margin % compare to PWR and FIX?
According to the Construction industry distribution chart, Implenia AG ranks #1061 out of 1766 companies for Net Margin %. This places Implenia AG in the lower half of its industry. The industry median Net Margin % is 3.92. Implenia AG's value of 3.13% is 20.2% below this benchmark. While the company's 10-year median is 1.73 vs. the industry median of 3.92, Implenia AG has consistently been below 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 Construction company?
The median Net Margin % among Construction companies is 3.92, based on 1,766 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. Implenia AG's current Net Margin % of 3.13% is 20.2% below 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 Implenia AG and its competitors. For the Construction industry, the median Net Margin % is 3.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Implenia AG's current Net Margin % is 3.13%, which is 81% above median its own 10-year median of 1.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Implenia AG stock overvalued right now?
Based on GuruFocus' analysis, Implenia AG (XSWX:IMPN) is currently considered Significantly Overvalued. The stock's GF Value™ is CHF35.34, compared to a current price of CHF71.90 — trading 103.5% above its estimated fair value. The current Net Margin % is 3.13%, which is 81% above median its 10-year median of 1.73 and 20.2% below the Construction industry median of 3.92. Implenia AG's overall GF Score™ is 56/100 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 Implenia AG (XSWX:IMPN), the current Net Margin % is 3.13% 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 Implenia AG (XSWX:IMPN) Overvalued in 2026?
Based on GuruFocus' analysis, Implenia AG stock appears to be overvalued.
The current stock price of CHF71.90 is trading 103.5% above its estimated GF Value™ of CHF35.34.
GuruFocus considers Implenia AG to be Significantly Overvalued.
Key valuation signals for XSWX:IMPN:
Net Margin %: 3.13% (81% above median its 10-year median of 1.73)
GF Value™: CHF35.34 vs. price of CHF71.90 (103.5% above fair value)
Industry Position: 20.2% below the Construction median (#1061 of 1766)
No single metric tells the full story. See the XSWX:IMPN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Implenia AG is a construction service company. The company operates through four business segments: Buildings, Civil engineering, and Service Solutions. The company's projects include complex new construction, modernization work on existing properties, tunnel construction, civil engineering, and others. The company generates majority of its revenue from Civil engineering segments, and more than half of its revenue is earned in Switzerland.
56GF Score
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