Progressive Planet SolutionsASHXF -3.54%34 Gross Margin % is 34.23% as of Jan. 2026, which is 20% above its 10-year median of 28.43. GuruFocus rates ASHXF with a GF Score™ of 34/100 and a GF Value™ of $0.14 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 730 Metals & Mining companies, Progressive Planet Solutions ranks better than 57.95% on this metric.
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Progressive Planet Solutions had a gross margin of 34.23% for the quarter that ended in Jan. 2026 => Competition eroding margins
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
Progressive Planet Solutions Gross Margin % Related Terms
Progressive Planet Solutions Gross 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 Other Industrial Metals & Mining subindustry, Progressive Planet Solutions's Gross Margin %, along with its competitors' market caps and Gross 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.
Progressive Planet Solutions Gross Margin % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Progressive Planet Solutions's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Progressive Planet Solutions's Gross 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.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Progressive Planet Solutions (ASHXF) has a Gross Margin % of 34.23% as of Jan. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Progressive Planet Solutions and its competitors. This is 20% above median its historical median of 28.43. Over the past decade, Progressive Planet Solutions' Gross Margin % has ranged from 12.63 to 33.77. According to the industry distribution chart, Progressive Planet Solutions ranks #307 out of 730 companies in the Metals & Mining industry, placing it in the top 42.1%.
Is Progressive Planet Solutions' Gross Margin % too high?
Progressive Planet Solutions' current Gross Margin % of 34.23% is 20% above median its 10-year median of 28.43. Over the past 10 years, this metric has ranged from a low of 12.63 to a high of 33.77. The Metals & Mining industry median Gross Margin % is 26.05. Progressive Planet Solutions' value of 34.23% is 31.4% above this industry median. Based on the distribution chart, Progressive Planet Solutions ranks #307 out of 730 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Progressive Planet Solutions has a GF Score™ of 34/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Progressive Planet Solutions' Gross Margin % compare to competitors?
According to the Metals & Mining industry distribution chart, Progressive Planet Solutions ranks #307 out of 730 companies for Gross Margin %. This puts Progressive Planet Solutions in the upper half of its industry. The industry median Gross Margin % is 26.05. Progressive Planet Solutions' value of 34.23% is 31.4% above this benchmark. Historically, Progressive Planet Solutions' own Gross Margin % has ranged from 12.63 to 33.77 over the past decade. While the company's 10-year median is 28.43 vs. the industry median of 26.05, Progressive Planet Solutions 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 Gross Margin % for a Metals & Mining company?
The median Gross Margin % among Metals & Mining companies is 26.05, based on 730 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Progressive Planet Solutions's current Gross Margin % of 34.23% is 31.4% 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 Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Progressive Planet Solutions and its competitors. For the Metals & Mining industry, the median Gross Margin % is 26.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Progressive Planet Solutions's current Gross Margin % is 34.23%, which is 20% above median its own 10-year median of 28.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Progressive Planet Solutions stock overvalued right now?
Based on GuruFocus' analysis, Progressive Planet Solutions (ASHXF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.14, compared to a current price of $0.23 — trading 65.4% above its estimated fair value. The current Gross Margin % is 34.23%, which is 20% above median its 10-year median of 28.43 and 31.4% above the Metals & Mining industry median of 26.05. Progressive Planet Solutions' overall GF Score™ is 34/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Progressive Planet Solutions (ASHXF), the current Gross Margin % is 34.23% as of Jan. 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 Progressive Planet Solutions (ASHXF) Overvalued in 2026?
Based on GuruFocus' analysis, Progressive Planet Solutions stock appears to be overvalued.
The current stock price of $0.23 is trading 65.4% above its estimated GF Value™ of $0.14.
GuruFocus considers Progressive Planet Solutions to be Significantly Overvalued.
Key valuation signals for ASHXF:
Gross Margin %: 34.23% (20% above median its 10-year median of 28.43)
GF Value™: $0.14 vs. price of $0.23 (65.4% above fair value)
Industry Position: 31.4% above the Metals & Mining median (#307 of 730)
No single metric tells the full story. See the ASHXF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Progressive Planet Solutions Inc is a manufacturer of mineral-based products derived from diatomaceous earth, zeolite, and bentonite. It owns a diatomaceous earth mine and a bentonite mine both located in Canada, and is also an operator and partial owner of a zeolite mine. Its expertise lies in developing critical low-carbon and carbon sequestering solutions. The company is also engaged in research and development activities to expand its current operations by developing products for the agricultural and supplementary cementing materials markets. Geographically, its products are sold in the United States where it generates maximum revenue, and in Canada.
34GF Score
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