Caledonia Mining (LSE:CMCL) FCF Margin %: 18.49% (As of Mar. 2026) — 1678% Above Median


LSE:CMCL Caledonia Mining Corp PLC LSE:CMCL
93 GF Score
Price £14.75
GF Value £15.67
Valuation Fairly Valued
! 5 Warning Signs
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What is Caledonia Mining FCF Margin %?

Caledonia Mining LSE:CMCL -2.96% 93 FCF Margin % is 18.49% as of Mar. 2026, which is 1678% above its 10-year median of 1.04. GuruFocus rates LSE:CMCL with a GF Score™ of 93/100 and a GF Value™ of £15.67 (Fairly Valued). The stock has 5 warning signs investors should review. Among 847 Metals & Mining companies, Caledonia Mining ranks better than 81.94% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Caledonia Mining's Free Cash Flow for the three months ended in Mar. 2026 was £9.2 Mil. Caledonia Mining's Revenue for the three months ended in Mar. 2026 was £49.8 Mil. Therefore, Caledonia Mining's FCF Margin % for the quarter that ended in Mar. 2026 was 18.49%.

As of today, Caledonia Mining's current FCF Yield % is 12.68%.

The historical rank and industry rank for Caledonia Mining's FCF Margin % or its related term are showing as below:

LSE:CMCL' s FCF Margin % Range Over the Past 10 Years
Min: -10.68   Med: 1.04   Max: 17.17
Current: 17.17


During the past 13 years, the highest FCF Margin % of Caledonia Mining was 17.17%. The lowest was -10.68%. And the median was 1.04%.

LSE:CMCL's FCF Margin % is ranked better than
81.94% of 847 companies
in the Metals & Mining industry
Industry Median: -2.17 vs LSE:CMCL: 17.17


Caledonia Mining FCF Margin % Related Terms


Caledonia Mining FCF Margin % Historical Data

* Premium members only.

The historical data trend for Caledonia Mining's FCF 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 FCF Margin % Chart

Caledonia Mining Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.71 -1.04 -10.68 5.81 15.00

Caledonia Mining Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
FCF 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 8.65 24.10 8.28 18.45 18.49

LSE:CMCL vs VGZ, IDR, CTGO: FCF Margin % Comparison

For the Gold subindustry, Caledonia Mining's FCF Margin %, along with its competitors' market caps and FCF 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 FCF Margin % vs Metals & Mining Industry

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

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


LSE:CMCL
93GF Score
Caledonia Mining Corp PLC LSE:CMCL
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Caledonia Mining FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

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

FCF Margin=Free Cash Flow (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=29.992/199.944
=15.00 %

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

FCF Margin=Free Cash Flow (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=9.213/49.825
=18.49 %

* 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 FCF Margin % →
What does a FCF Margin % of 18.49% mean?
Caledonia Mining (LSE:CMCL) has a FCF Margin % of 18.49% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Caledonia Mining and its competitors. This is 1678% above median its historical median of 1.04. According to the industry distribution chart, Caledonia Mining ranks #153 out of 847 companies in the Metals & Mining industry, placing it in the top 18.1%.
Is Caledonia Mining's FCF Margin % too high?
Caledonia Mining's current FCF Margin % of 18.49% is 1678% above median its 10-year median of 1.04. Based on the distribution chart, Caledonia Mining ranks #153 out of 847 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 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Caledonia Mining's FCF Margin % compare to VGZ and IDR?
According to the Metals & Mining industry distribution chart, Caledonia Mining ranks #153 out of 847 companies for FCF Margin %. This places Caledonia Mining in the top 18% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for a Metals & Mining company?
A good FCF Margin % depends on the Metals & Mining industry context. However, FCF Margin % 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 FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Caledonia Mining and its competitors. Caledonia Mining's current FCF Margin % is 18.49%, which is 1678% above median its own 10-year median of 1.04. 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 (LSE:CMCL) is currently considered Fairly Valued. The stock's GF Value™ is £15.67, compared to a current price of £14.75 — trading 5.9% below its estimated fair value. The current FCF Margin % is 18.49%, which is 1678% above median its 10-year median of 1.04. Caledonia Mining's overall GF Score™ is 93/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Caledonia Mining (LSE:CMCL), the current FCF Margin % is 18.49% 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 (LSE:CMCL) Overvalued in 2026?

Based on GuruFocus' analysis, Caledonia Mining stock appears to be undervalued. The current stock price of £14.75 is trading 5.9% below its estimated GF Value™ of £15.67. GuruFocus considers Caledonia Mining to be Fairly Valued.

Key valuation signals for LSE:CMCL:

  • FCF Margin %: 18.49% (1678% above median its 10-year median of 1.04)
  • GF Value™: £15.67 vs. price of £14.75 (5.9% below fair value)
  • GF Score™: 93/100 with 5 warning signs

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


Caledonia Mining Business Description

Other Exchanges CMCL:USA9CD1: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.
93GF Score

Get the complete analysis for LSE:CMCL

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

£14.75
Price
£15.67
GF Value