CMCL (Caledonia Mining) EBITDA Margin %: 46.58% (As of Mar. 2026) — 28% Above Median


CMCL Caledonia Mining Corp PLC CMCL
91 GF Score
Price $19.49
GF Value $20.85
Valuation Fairly Valued
! 5 Warning Signs
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What is Caledonia Mining EBITDA Margin %?

Caledonia Mining CMCL -0.51% 91 EBITDA Margin % is 46.58% as of Mar. 2026, which is 28% above its 10-year median of 36.35. GuruFocus rates CMCL with a GF Score™ of 91/100 and a GF Value™ of $20.85 (Fairly Valued). The stock has 5 warning signs investors should review. Among 841 Metals & Mining companies, Caledonia Mining ranks better than 80.86% on this metric.

EBITDA Margin % is calculated as EBITDA divided by its Revenue. Caledonia Mining's EBITDA for the three months ended in Mar. 2026 was $30.9 Mil. Caledonia Mining's Revenue for the three months ended in Mar. 2026 was $66.4 Mil. Therefore, Caledonia Mining's EBITDA margin for the quarter that ended in Mar. 2026 was 46.58%.


Caledonia Mining  (AMEX:CMCL) EBITDA Margin % Explanation

EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.


Caledonia Mining EBITDA Margin % Related Terms


Caledonia Mining EBITDA Margin % Historical Data

* Premium members only.

The historical data trend for Caledonia Mining's EBITDA 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.

Caledonia Mining EBITDA Margin % Chart

Caledonia Mining Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBITDA Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.43 28.40 17.41 32.63 47.10

Caledonia Mining Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBITDA Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 33.29 54.42 41.61 34.95 46.58

CMCL vs VGZ, IDR, CTGO: EBITDA Margin % Comparison

For the Gold subindustry, Caledonia Mining's EBITDA Margin %, along with its competitors' market caps and EBITDA 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.


Caledonia Mining EBITDA Margin % vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Caledonia Mining's EBITDA Margin % distribution charts can be found below:

* The bar in red indicates where Caledonia Mining's EBITDA Margin % falls into.


CMCL
91GF Score
Caledonia Mining Corp PLC CMCL
EBITDA Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Caledonia Mining EBITDA Margin % Calculation

EBITDA margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent.

Caledonia Mining's EBITDA Margin % for the fiscal year that ended in Dec. 2025 is calculated as

EBITDA Margin %=EBITDA (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=126.079/267.663
=47.10 %

Caledonia Mining's EBITDA Margin % for the quarter that ended in Mar. 2026 is calculated as

EBITDA Margin %=EBITDA (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=30.943/66.433
=46.58 %

* 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 EBITDA Margin % →
What does a EBITDA Margin % of 46.58% mean?
Caledonia Mining (CMCL) has a EBITDA Margin % of 46.58% as of Mar. 2026. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Caledonia Mining and its competitors. This is 28% above median its historical median of 36.35. Over the past decade, Caledonia Mining's EBITDA Margin % has ranged from 17.41 to 54.58. According to the industry distribution chart, Caledonia Mining ranks #161 out of 841 companies in the Metals & Mining industry, placing it in the top 19.1%.
Is Caledonia Mining's EBITDA Margin % too high?
Caledonia Mining's current EBITDA Margin % of 46.58% is 28% above median its 10-year median of 36.35. Over the past 10 years, this metric has ranged from a low of 17.41 to a high of 54.58. The Metals & Mining industry median EBITDA Margin % is 8.89. Caledonia Mining's value of 46.58% is 424% above this industry median. Based on the distribution chart, Caledonia Mining ranks #161 out of 841 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Caledonia Mining has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Caledonia Mining's EBITDA Margin % compare to VGZ and IDR?
According to the Metals & Mining industry distribution chart, Caledonia Mining ranks #161 out of 841 companies for EBITDA Margin %. This places Caledonia Mining in the top 19% of its industry — outperforming the majority of peers. The industry median EBITDA Margin % is 8.89. Caledonia Mining's value of 46.58% is 424% above this benchmark. Historically, Caledonia Mining's own EBITDA Margin % has ranged from 17.41 to 54.58 over the past decade. While the company's 10-year median is 36.35 vs. the industry median of 8.89, Caledonia Mining 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 EBITDA Margin % for a Metals & Mining company?
The median EBITDA Margin % among Metals & Mining companies is 8.89, based on 841 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Caledonia Mining's current EBITDA Margin % of 46.58% is 424% 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 EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Caledonia Mining and its competitors. For the Metals & Mining industry, the median EBITDA Margin % is 8.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Caledonia Mining's current EBITDA Margin % is 46.58%, which is 28% above median its own 10-year median of 36.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Caledonia Mining stock overvalued right now?
Based on GuruFocus' analysis, Caledonia Mining (CMCL) is currently considered Fairly Valued. The stock's GF Value™ is $20.85, compared to a current price of $19.49 — trading 6.5% below its estimated fair value. The current EBITDA Margin % is 46.58%, which is 28% above median its 10-year median of 36.35 and 424% above the Metals & Mining industry median of 8.89. Caledonia Mining's overall GF Score™ is 91/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For Caledonia Mining (CMCL), the current EBITDA Margin % is 46.58% as of Mar. 2026. 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 Caledonia Mining (CMCL) Overvalued in 2026?

Based on GuruFocus' analysis, Caledonia Mining stock appears to be undervalued. The current stock price of $19.49 is trading 6.5% below its estimated GF Value™ of $20.85. GuruFocus considers Caledonia Mining to be Fairly Valued.

Key valuation signals for CMCL:

  • EBITDA Margin %: 46.58% (28% above median its 10-year median of 36.35)
  • GF Value™: $20.85 vs. price of $19.49 (6.5% below fair value)
  • GF Score™: 91/100 with 5 warning signs
  • Industry Position: 424% above the Metals & Mining median (#161 of 841)

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


Caledonia Mining Business Description

Other Exchanges CMCL:UK9CD1:Germany
Address 2 Mulcaster Street, 2nd Floor, Saint Helier, JEY, JE2 3NJ
Caledonia Mining Corp PLC is a gold exploration, development, and mining company. The company's segment includes Blanket, South Africa, Bilboes Oxide mine, and E&E projects. The company generates the majority of its revenue from the Blanket project. The Blanket Mine is located in the south-west of Zimbabwe and operates at a depth of approximately 750 meters below the surface. Its project includes Maligreen and Motapa.
91GF Score

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

$19.49
Price
$20.85
GF Value