Bathurst ResourcesASX:BRL -2.97%38 Gross Margin % is 13.17% as of Dec. 2025, which is 42% below its 10-year median of 22.54. GuruFocus rates ASX:BRL with a GF Score™ of 38/100 and a GF Value™ of A$0.51 (Fairly Valued). The stock has 2 warning signs investors should review. Among 597 Steel companies, Bathurst Resources ranks better than 66.5% 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
Bathurst Resources had a gross margin of 13.17% for the quarter that ended in Dec. 2025 => No sustainable competitive advantage
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.
Bathurst Resources Gross Margin % Related Terms
Bathurst Resources Gross Margin % Historical Data
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The historical data trend for Bathurst Resources's Gross 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.
ASX:BRL vs HCC, AMR, METC: Gross Margin % Comparison
For the Coking Coal subindustry, Bathurst Resources'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.
Bathurst Resources Gross Margin % vs Steel Industry
For the Steel industry and Basic Materials sector, Bathurst Resources's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Bathurst Resources'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.
Bathurst Resources (ASX:BRL) has a Gross Margin % of 13.17% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Bathurst Resources and its competitors. This is 42% below median its historical median of 22.54. Over the past decade, Bathurst Resources' Gross Margin % has ranged from 13.29 to 34.22. According to the industry distribution chart, Bathurst Resources ranks #200 out of 597 companies in the Steel industry, placing it in the top 33.5%.
Is Bathurst Resources' Gross Margin % too high?
Bathurst Resources' current Gross Margin % of 13.17% is 42% below median its 10-year median of 22.54. Over the past 10 years, this metric has ranged from a low of 13.29 to a high of 34.22. The Steel industry median Gross Margin % is 12.60. Bathurst Resources' value of 13.17% is 4.5% above this industry median. Based on the distribution chart, Bathurst Resources ranks #200 out of 597 companies in the Steel industry, which is above the industry midpoint. Overall, Bathurst Resources has a GF Score™ of 38/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bathurst Resources' Gross Margin % compare to HCC and AMR?
According to the Steel industry distribution chart, Bathurst Resources ranks #200 out of 597 companies for Gross Margin %. This puts Bathurst Resources in the upper half of its industry. The industry median Gross Margin % is 12.60. Bathurst Resources' value of 13.17% is 4.5% above this benchmark. Historically, Bathurst Resources' own Gross Margin % has ranged from 13.29 to 34.22 over the past decade. While the company's 10-year median is 22.54 vs. the industry median of 12.60, Bathurst Resources 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 Steel company?
The median Gross Margin % among Steel companies is 12.60, based on 597 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. Bathurst Resources's current Gross Margin % of 13.17% is 4.5% 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 Bathurst Resources and its competitors. For the Steel industry, the median Gross Margin % is 12.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bathurst Resources's current Gross Margin % is 13.17%, which is 42% below median its own 10-year median of 22.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bathurst Resources stock overvalued right now?
Based on GuruFocus' analysis, Bathurst Resources (ASX:BRL) is currently considered Fairly Valued. The stock's GF Value™ is A$0.51, compared to a current price of A$0.49 — trading 3.9% below its estimated fair value. The current Gross Margin % is 13.17%, which is 42% below median its 10-year median of 22.54 and 4.5% above the Steel industry median of 12.60. Bathurst Resources' overall GF Score™ is 38/100 with 2 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 Bathurst Resources (ASX:BRL), the current Gross Margin % is 13.17% 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 Bathurst Resources (ASX:BRL) Overvalued in 2026?
Based on GuruFocus' analysis, Bathurst Resources stock appears to be undervalued.
The current stock price of A$0.49 is trading 3.9% below its estimated GF Value™ of A$0.51.
GuruFocus considers Bathurst Resources to be Fairly Valued.
Key valuation signals for ASX:BRL:
Gross Margin %: 13.17% (42% below median its 10-year median of 22.54)
GF Value™: A$0.51 vs. price of A$0.49 (3.9% below fair value)
Industry Position: 4.5% above the Steel median (#200 of 597)
No single metric tells the full story. See the ASX:BRL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bathurst Resources Ltd is principally engaged in the exploration, development, and production of coal. The operating business segments of the company are Export, Domestic, and Corporate, with maximum revenue from the export segment. It has three operating mines in the South Island: Canterbury Coal, Stockton, and Takitimu. It also operates Maramarua and Rotowaro in the Waikato region of the North Island. Further, it has two mines the Cascade and Escarpment mines near Westport. It earns maximum from Export segment following domestic segment.
38GF Score
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