Davide Campari-Milano NVDVCMY +0.33%77 Pretax Margin % is 8.10% as of Dec. 2025, which is 52% below its 10-year median of 16.80. GuruFocus rates DVCMY with a GF Score™ of 77/100 and a GF Value™ of $9.16 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 212 Beverages - Alcoholic companies, Davide Campari-Milano NV ranks better than 73.11% on this metric.
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Davide Campari-Milano NV Pretax Margin % Related Terms
Davide Campari-Milano NV Pretax Margin % Historical Data
* 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 Beverages - Wineries & Distilleries subindustry, Davide Campari-Milano NV's Pretax Margin %, along with its competitors' market caps and Pretax 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.
Davide Campari-Milano NV Pretax Margin % vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Davide Campari-Milano NV's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Davide Campari-Milano NV's Pretax 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.
Davide Campari-Milano NV (DVCMY) has a Pretax Margin % of 8.10% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Davide Campari-Milano NV and its competitors. This is 52% below median its historical median of 16.80. Over the past decade, Davide Campari-Milano NV's Pretax Margin % has ranged from 8.33 to 20.49. According to the industry distribution chart, Davide Campari-Milano NV ranks #57 out of 212 companies in the Beverages - Alcoholic industry, placing it in the top 26.9%.
Is Davide Campari-Milano NV's Pretax Margin % too high?
Davide Campari-Milano NV's current Pretax Margin % of 8.10% is 52% below median its 10-year median of 16.80. Over the past 10 years, this metric has ranged from a low of 8.33 to a high of 20.49. The Beverages - Alcoholic industry median Pretax Margin % is 6.04. Davide Campari-Milano NV's value of 8.10% is 34.1% above this industry median. Based on the distribution chart, Davide Campari-Milano NV ranks #57 out of 212 companies in the Beverages - Alcoholic industry, which is above the industry midpoint. Overall, Davide Campari-Milano NV has a GF Score™ of 77/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Davide Campari-Milano NV's Pretax Margin % compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, Davide Campari-Milano NV ranks #57 out of 212 companies for Pretax Margin %. This puts Davide Campari-Milano NV in the upper half of its industry. The industry median Pretax Margin % is 6.04. Davide Campari-Milano NV's value of 8.10% is 34.1% above this benchmark. Historically, Davide Campari-Milano NV's own Pretax Margin % has ranged from 8.33 to 20.49 over the past decade. While the company's 10-year median is 16.80 vs. the industry median of 6.04, Davide Campari-Milano NV 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 Pretax Margin % for a Beverages - Alcoholic company?
The median Pretax Margin % among Beverages - Alcoholic companies is 6.04, based on 212 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Davide Campari-Milano NV's current Pretax Margin % of 8.10% is 34.1% 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Davide Campari-Milano NV and its competitors. For the Beverages - Alcoholic industry, the median Pretax Margin % is 6.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Davide Campari-Milano NV's current Pretax Margin % is 8.10%, which is 52% below median its own 10-year median of 16.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Davide Campari-Milano NV stock overvalued right now?
Based on GuruFocus' analysis, Davide Campari-Milano NV (DVCMY) is currently considered Significantly Undervalued. The stock's GF Value™ is $9.16, compared to a current price of $6.15 — trading 32.9% below its estimated fair value. The current Pretax Margin % is 8.10%, which is 52% below median its 10-year median of 16.80 and 34.1% above the Beverages - Alcoholic industry median of 6.04. Davide Campari-Milano NV's overall GF Score™ is 77/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Davide Campari-Milano NV (DVCMY), the current Pretax Margin % is 8.10% 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 Davide Campari-Milano NV (DVCMY) Overvalued in 2026?
Based on GuruFocus' analysis, Davide Campari-Milano NV stock appears to be undervalued.
The current stock price of $6.15 is trading 32.9% below its estimated GF Value™ of $9.16.
GuruFocus considers Davide Campari-Milano NV to be Significantly Undervalued.
Key valuation signals for DVCMY:
Pretax Margin %: 8.10% (52% below median its 10-year median of 16.80)
GF Value™: $9.16 vs. price of $6.15 (32.9% below fair value)
Industry Position: 34.1% above the Beverages - Alcoholic median (#57 of 212)
No single metric tells the full story. See the DVCMY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Davide Campari-Milano is the Italian-headquartered parent of Campari Group and is the world's leading manufacturer of bitters, with a volume share of around 24% in 2025, according to Euromonitor. The company's liqueur portfolio includes Aperol, Campari, and Grand Marnier. The remainder of the portfolio spans a wide range of categories, including global brands Skyy vodka and Wild Turkey bourbon and niche brands such as Appleton Estate rum, Bulldog gin, and Espolòn tequila. Campari also produces and markets a range of Champagne and sparkling wines. Campari is controlled by Lagfin, a Luxembourg-based holding company, which holds 52% of the share capital and over 60% of the voting rights. The rest of the equity is free floating.
77GF Score
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