Com Tel SpA (MIL:CMTL) Operating Margin %: 2.09% (As of Dec. 2025) — 48% Below Median

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MIL:CMTL Com Tel SpA MIL:CMTL
15 GF Score
Price €1.87
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What is Com Tel SpA Operating Margin %?

Com Tel SpA MIL:CMTL 15 Operating Margin % is 2.09% as of Dec. 2025, which is 48% below its 10-year median of 4.04. GuruFocus rates MIL:CMTL with a GF Score™ of 15/100. The stock has 5 warning signs investors should review. Among 2,824 Software companies, Com Tel SpA ranks worse than 55.21% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Com Tel SpA's Operating Income for the six months ended in Dec. 2025 was €1.04 Mil. Com Tel SpA's Revenue for the six months ended in Dec. 2025 was €49.49 Mil. Therefore, Com Tel SpA's Operating Margin % for the quarter that ended in Dec. 2025 was 2.09%.

The historical rank and industry rank for Com Tel SpA's Operating Margin % or its related term are showing as below:

MIL:CMTL' s Operating Margin % Range Over the Past 10 Years
Min: 1.94   Med: 4.04   Max: 6.31
Current: 2.28


MIL:CMTL's Operating Margin % is ranked worse than
55.21% of 2824 companies
in the Software industry
Industry Median: 3.885 vs MIL:CMTL: 2.28

Com Tel SpA's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Com Tel SpA's Operating Income for the six months ended in Dec. 2025 was €1.04 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was €1.86 Mil.


Com Tel SpA  (MIL:CMTL) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Com Tel SpA Operating Margin % Related Terms


Com Tel SpA Operating Margin % Historical Data

* Premium members only.

The historical data trend for Com Tel SpA's Operating 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.

Com Tel SpA Operating Margin % Chart

Com Tel SpA Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Operating Margin %
1.94 6.31 5.80 2.28

Com Tel SpA Semi-Annual Data
Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Operating Margin % Get a 7-Day Free Trial 10.02 0.87 35.42 2.57 2.09

MIL:CMTL vs IBM, ACN, FISV: Operating Margin % Comparison

For the Information Technology Services subindustry, Com Tel SpA's Operating Margin %, along with its competitors' market caps and Operating 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.


Com Tel SpA Operating Margin % vs Software Industry

For the Software industry and Technology sector, Com Tel SpA's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Com Tel SpA's Operating Margin % falls into.


MIL:CMTL
15GF Score
Com Tel SpA MIL:CMTL
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Com Tel SpA Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Com Tel SpA's Operating Margin % for the fiscal year that ended in Dec. 2025 is calculated as

Operating Margin %=Operating Income (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=1.856 / 81.449
=2.28 %

Com Tel SpA's Operating Margin % for the quarter that ended in Dec. 2025 is calculated as

Operating Margin %=Operating Income (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=1.036 / 49.491
=2.09 %

* 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.

Frequently Asked Questions Learn more about Operating Margin % →
What does a Operating Margin % of 2.09% mean?
Com Tel SpA (MIL:CMTL) has a Operating Margin % of 2.09% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Com Tel SpA and its competitors. This is 48% below median its historical median of 4.04. Over the past decade, Com Tel SpA's Operating Margin % has ranged from 1.94 to 6.31. According to the industry distribution chart, Com Tel SpA ranks #1559 out of 2824 companies in the Software industry, placing it in the top 55.2%.
Is Com Tel SpA's Operating Margin % too high?
Com Tel SpA's current Operating Margin % of 2.09% is 48% below median its 10-year median of 4.04. Over the past 10 years, this metric has ranged from a low of 1.94 to a high of 6.31. The Software industry median Operating Margin % is 3.89. Com Tel SpA's value of 2.09% is 46.2% below this industry median. Based on the distribution chart, Com Tel SpA ranks #1559 out of 2824 companies in the Software industry, which is below the industry midpoint. Overall, Com Tel SpA has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Com Tel SpA's Operating Margin % compare to IBM and ACN?
According to the Software industry distribution chart, Com Tel SpA ranks #1559 out of 2824 companies for Operating Margin %. This places Com Tel SpA in the lower half of its industry. The industry median Operating Margin % is 3.89. Com Tel SpA's value of 2.09% is 46.2% below this benchmark. Historically, Com Tel SpA's own Operating Margin % has ranged from 1.94 to 6.31 over the past decade. While the company's 10-year median is 4.04 vs. the industry median of 3.89, Com Tel SpA 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 Operating Margin % for a Software company?
The median Operating Margin % among Software companies is 3.89, based on 2,824 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Com Tel SpA's current Operating Margin % of 2.09% is 46.2% 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 Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on Com Tel SpA and its competitors. For the Software industry, the median Operating Margin % is 3.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Com Tel SpA's current Operating Margin % is 2.09%, which is 48% below median its own 10-year median of 4.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Com Tel SpA stock overvalued right now?
Com Tel SpA (MIL:CMTL) has a current Operating Margin % of 2.09%. The current Operating Margin % is 2.09%, which is 48% below median its 10-year median of 4.04 and 46.2% below the Software industry median of 3.89. Com Tel SpA's overall GF Score™ is 15/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For Com Tel SpA (MIL:CMTL), the current Operating Margin % is 2.09% 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.

Com Tel SpA Business Description

Address Via Vittor Pisani, 10, Milan, ITA, 20124
Com Tel SpA is engaged in ICT systems integration in Italy. The company connects people, technologies, and information in a single, dynamic, and scalable infrastructure. It specializes in making companies connected, secure and flexible, ready to face the technological changes of the future. The company's approach is not limited to the supply of software or hardware: It creates integrated solutions and services that help to emerge in an increasingly interconnected and competitive market.
15GF Score

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