Spindox SpA (MIL:SPN) Operating Margin %: 9.02% (As of Jun. 2025) — 15% Above Median


MIL:SPN Spindox SpA MIL:SPN
57 GF Score
Price €12.95
GF Value €10.82
! 8 Warning Signs
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What is Spindox SpA Operating Margin %?

Spindox SpA MIL:SPN 57 Operating Margin % is 9.02% as of Jun. 2025, which is 15% above its 10-year median of 7.83. GuruFocus rates MIL:SPN with a GF Score™ of 57/100 and a GF Value™ of €10.82. The stock has 8 warning signs investors should review.

Operating Margin % is calculated as Operating Income divided by its Revenue. Spindox SpA's Operating Income for the six months ended in Jun. 2025 was €4.7 Mil. Spindox SpA's Revenue for the six months ended in Jun. 2025 was €51.7 Mil. Therefore, Spindox SpA's Operating Margin % for the quarter that ended in Jun. 2025 was 9.02%.

Good Sign:

Spindox SpA operating margin is expanding. Margin expansion is usually a good sign.

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

MIL:SPN' s Operating Margin % Range Over the Past 10 Years
Min: 3.25   Med: 7.83   Max: 9.72
Current: 9.08


MIL:SPN's Operating Margin % is not ranked
in the Software industry.
Industry Median: 3.865 vs MIL:SPN: 9.08

Spindox SpA's 5-Year Average Operating Margin % Growth Rate was 11.20% per year.

Spindox SpA's Operating Income for the six months ended in Jun. 2025 was €4.7 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2025 was €9.5 Mil.


Spindox SpA  (MIL:SPN) 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.


Spindox SpA Operating Margin % Related Terms


Spindox SpA Operating Margin % Historical Data

* Premium members only.

The historical data trend for Spindox 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.

Spindox SpA Operating Margin % Chart

Spindox SpA Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Operating Margin %
Get a 7-Day Free Trial 9.22 9.72 7.29 7.26 8.36

Spindox SpA Semi-Annual Data
Dec19 Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
Operating Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.10 -1.57 7.58 9.14 9.02

MIL:SPN vs IBM, ACN, CTSH: Operating Margin % Comparison

For the Information Technology Services subindustry, Spindox 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.


Spindox SpA Operating Margin % vs Software Industry

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

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


MIL:SPN
57GF Score
Spindox SpA MIL:SPN
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Spindox 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.

Spindox SpA's Operating Margin % for the fiscal year that ended in Dec. 2024 is calculated as

Operating Margin %=Operating Income (A: Dec. 2024 ) / Revenue (A: Dec. 2024 )
=8.963 / 107.256
=8.36 %

Spindox SpA's Operating Margin % for the quarter that ended in Jun. 2025 is calculated as

Operating Margin %=Operating Income (Q: Jun. 2025 ) / Revenue (Q: Jun. 2025 )
=4.663 / 51.684
=9.02 %

* 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 9.02% mean?
Spindox SpA (MIL:SPN) has a Operating Margin % of 9.02% as of Jun. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Spindox SpA and its competitors. This is 15% above median its historical median of 7.83. Over the past decade, Spindox SpA's Operating Margin % has ranged from 3.25 to 9.72.
Is Spindox SpA's Operating Margin % too high?
Spindox SpA's current Operating Margin % of 9.02% is 15% above median its 10-year median of 7.83. Over the past 10 years, this metric has ranged from a low of 3.25 to a high of 9.72. The Software industry median Operating Margin % is 3.87. Spindox SpA's value of 9.02% is 133.4% above this industry median. Overall, Spindox SpA has a GF Score™ of 57/100, reflecting its overall financial health beyond just this single metric.
How does Spindox SpA's Operating Margin % compare to IBM and ACN?
Spindox SpA's Operating Margin % of 9.02% can be compared against companies in the Software industry. The industry median Operating Margin % is 3.87. Spindox SpA's value of 9.02% is 133.4% above this benchmark. Historically, Spindox SpA's own Operating Margin % has ranged from 3.25 to 9.72 over the past decade. While the company's 10-year median is 7.83 vs. the industry median of 3.87, Spindox 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 Operating Margin % for a Software company?
The median Operating Margin % among Software companies is 3.87, based on 2,818 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. Spindox SpA's current Operating Margin % of 9.02% is 133.4% 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 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 Spindox SpA and its competitors. For the Software industry, the median Operating Margin % is 3.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spindox SpA's current Operating Margin % is 9.02%, which is 15% above median its own 10-year median of 7.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spindox SpA stock overvalued right now?
Spindox SpA (MIL:SPN) has a current Operating Margin % of 9.02%. The stock's GF Value™ is €10.82, compared to a current price of €12.95 — trading 19.7% above its estimated fair value. The current Operating Margin % is 9.02%, which is 15% above median its 10-year median of 7.83 and 133.4% above the Software industry median of 3.87. Spindox SpA's overall GF Score™ is 57/100 with 8 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 Spindox SpA (MIL:SPN), the current Operating Margin % is 9.02% as of Jun. 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 Spindox SpA (MIL:SPN) Overvalued in 2026?

Based on GuruFocus' analysis, Spindox SpA stock appears to be overvalued. The current stock price of €12.95 is trading 19.7% above its estimated GF Value™ of €10.82.

Key valuation signals for MIL:SPN:

  • Operating Margin %: 9.02% (15% above median its 10-year median of 7.83)
  • GF Value™: €10.82 vs. price of €12.95 (19.7% above fair value)
  • GF Score™: 57/100 with 8 warning signs
  • Industry Position: 133.4% above the Software median

No single metric tells the full story. See the MIL:SPN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Spindox SpA Business Description

Address via Bisceglie 76, Milan, ITA, 20152
Spindox SpA operates in the Information and Communication Technology services and products market. It offers consulting, IT and network engineering services, AI technological solutions, and research support in the Italian market.
57GF Score

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Operating Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€12.95
Price
€10.82
GF Value