GM Leather SpA (MIL:GML) Tax Rate %: 31.80% (As of Dec. 2025)


MIL:GML GM Leather SpA MIL:GML
62 GF Score
Price €0.76
GF Value €1.20
Valuation Possible Value Trap
! 9 Warning Signs
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What is GM Leather SpA Tax Rate %?

GM Leather SpA MIL:GML 62 Tax Rate % is 31.80% as of Dec. 2025. GuruFocus rates MIL:GML with a GF Score™ of 62/100 and a GF Value™ of €1.20 (Possible Value Trap). The stock has 9 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. GM Leather SpA's Tax Expense for the six months ended in Dec. 2025 was €-0.07 Mil. GM Leather SpA's Pre-Tax Income for the six months ended in Dec. 2025 was €-0.22 Mil. Therefore, GM Leather SpA's Tax Rate % for the quarter that ended in Dec. 2025 was 31.80%.

GM Leather SpA Tax Rate % Related Terms

GM Leather SpA Tax Rate % Historical Data

* Premium members only.

The historical data trend for GM Leather SpA's Tax Rate % 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.

GM Leather SpA Tax Rate % Chart

GM Leather SpA Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Rate %
Get a 7-Day Free Trial 25.21 13.43 26.33 64.94 80.52

GM Leather SpA Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.47 60.06 75.42 51.89 31.80
MIL:GML
62GF Score
GM Leather SpA MIL:GML
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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GM Leather SpA Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

GM Leather SpA's Tax Rate % for the fiscal year that ended in Dec. 2025 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2025 )/Pre-Tax Income (A: Dec. 2025 )
=0.124/0.154
=80.52 %

GM Leather SpA's Tax Rate % for the quarter that ended in Dec. 2025 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2025 )/Pre-Tax Income (Q: Dec. 2025 )
=-0.069/-0.217
=31.80 %

* 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 Tax Rate % →
What does a Tax Rate % of 31.80% mean?
GM Leather SpA (MIL:GML) has a Tax Rate % of 31.80% as of Dec. 2025.
Is GM Leather SpA's Tax Rate % too high?
GM Leather SpA's current Tax Rate % is 31.80%. Overall, GM Leather SpA has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does GM Leather SpA's Tax Rate % compare to AIN?
GM Leather SpA's Tax Rate % of 31.80% can be compared against companies in the Manufacturing - Apparel & Accessories industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for a Manufacturing - Apparel & Accessories company?
A good Tax Rate % depends on the Manufacturing - Apparel & Accessories industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. GM Leather SpA's current Tax Rate % is 31.80%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GM Leather SpA stock overvalued right now?
Based on GuruFocus' analysis, GM Leather SpA (MIL:GML) is currently considered Possible Value Trap. The stock's GF Value™ is €1.20, compared to a current price of €0.76 — trading 37.1% below its estimated fair value. The current Tax Rate % is 31.80%. GM Leather SpA's overall GF Score™ is 62/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For GM Leather SpA (MIL:GML), the current Tax Rate % is 31.80% 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 GM Leather SpA (MIL:GML) Overvalued in 2026?

Based on GuruFocus' analysis, GM Leather SpA stock appears to be undervalued. The current stock price of €0.76 is trading 37.1% below its estimated GF Value™ of €1.20. GuruFocus considers GM Leather SpA to be Possible Value Trap.

Key valuation signals for MIL:GML:

  • Tax Rate %: 31.80%
  • GF Value™: €1.20 vs. price of €0.76 (37.1% below fair value)
  • GF Score™: 62/100 with 9 warning signs

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

GM Leather SpA Business Description

Address Via Olimpica 11, Arzignano, ITA, 36071
GM Leather SpA engages in the treatment, processing, and marketing of bovine leather. Its products are predominantly intended for the furniture, leather goods, and footwear industries. Geographically, the company derives its maximum revenue from non-EU countries followed by Italy and EU countries.
62GF Score

Get the complete analysis for MIL:GML

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

€0.76
Price
€1.20
GF Value