Champion IronASX:CIA -0.52%84 Gross Margin % is 20.55% as of Mar. 2026, which is 47% below its 10-year median of 38.98. GuruFocus rates ASX:CIA with a GF Score™ of 84/100 and a GF Value™ of A$6.15 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 597 Steel companies, Champion Iron ranks better than 76.05% on this metric.
Champion Iron Ltd gross margin has been in long-term decline. The average rate of decline per year is -20.3%.
The historical rank and industry rank for Champion Iron's Gross Margin % or its related term are showing as below:
ASX:CIA'
s Gross Margin % Range Over the Past 10 Years
Min: 23.03 Med: 38.98 Max: 65.59
Current: 23.03
During the past 13 years, the highestGross Margin % of Champion Iron was 65.59%. The lowest was 23.03%. And the median was 38.98%.
ASX:CIA's Gross Margin % is ranked better than 76.05% of 597
companies
in the Steel industry
Industry Median: 12.6
vs ASX:CIA: 23.03
Champion Iron had a gross margin of 20.55% for the quarter that ended in Mar. 2026 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Champion Iron was -20.30% per year.
Champion Iron (ASX:CIA) Gross Margin % Explanation
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
Champion Iron had a gross margin of 20.55% for the quarter that ended in Mar. 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.
Champion Iron Gross Margin % Related Terms
Champion Iron Gross Margin % Historical Data
* Premium members only.
The historical data trend for Champion Iron'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:CIA vs NUE, STLD, RS: Gross Margin % Comparison
For the Steel subindustry, Champion Iron'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.
Champion Iron Gross Margin % vs Steel Industry
For the Steel industry and Basic Materials sector, Champion Iron's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Champion Iron'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.
Champion Iron (ASX:CIA) has a Gross Margin % of 20.55% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Champion Iron and its competitors. This is 47% below median its historical median of 38.98. Over the past decade, Champion Iron's Gross Margin % has ranged from 23.03 to 65.59. According to the industry distribution chart, Champion Iron ranks #143 out of 597 companies in the Steel industry, placing it in the top 24%.
Is Champion Iron's Gross Margin % too high?
Champion Iron's current Gross Margin % of 20.55% is 47% below median its 10-year median of 38.98. Over the past 10 years, this metric has ranged from a low of 23.03 to a high of 65.59. The Steel industry median Gross Margin % is 12.60. Champion Iron's value of 20.55% is 63.1% above this industry median. Based on the distribution chart, Champion Iron ranks #143 out of 597 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Champion Iron has a GF Score™ of 84/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Champion Iron's Gross Margin % compare to NUE and STLD?
According to the Steel industry distribution chart, Champion Iron ranks #143 out of 597 companies for Gross Margin %. This places Champion Iron in the top 24% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 12.60. Champion Iron's value of 20.55% is 63.1% above this benchmark. Historically, Champion Iron's own Gross Margin % has ranged from 23.03 to 65.59 over the past decade. While the company's 10-year median is 38.98 vs. the industry median of 12.60, Champion Iron 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. Champion Iron's current Gross Margin % of 20.55% is 63.1% 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 Champion Iron 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. Champion Iron's current Gross Margin % is 20.55%, which is 47% below median its own 10-year median of 38.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Champion Iron stock overvalued right now?
Based on GuruFocus' analysis, Champion Iron (ASX:CIA) is currently considered Significantly Undervalued. The stock's GF Value™ is A$6.15, compared to a current price of A$3.86 — trading 37.2% below its estimated fair value. The current Gross Margin % is 20.55%, which is 47% below median its 10-year median of 38.98 and 63.1% above the Steel industry median of 12.60. Champion Iron's overall GF Score™ is 84/100 with 6 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 Champion Iron (ASX:CIA), the current Gross Margin % is 20.55% 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 Champion Iron (ASX:CIA) Overvalued in 2026?
Based on GuruFocus' analysis, Champion Iron stock appears to be undervalued.
The current stock price of A$3.86 is trading 37.2% below its estimated GF Value™ of A$6.15.
GuruFocus considers Champion Iron to be Significantly Undervalued.
Key valuation signals for ASX:CIA:
Gross Margin %: 20.55% (47% below median its 10-year median of 38.98)
GF Value™: A$6.15 vs. price of A$3.86 (37.2% below fair value)
Industry Position: 63.1% above the Steel median (#143 of 597)
No single metric tells the full story. See the ASX:CIA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Champion Iron Ltd is engaged in the exploration and development of iron ore properties in Quebec, Canada. The company projects include Fire Lake North, Powderhorn/Gullbridge, Moire, Quinto Claims, Harvey Tuttle, O'keefe-Purdy, and others. Its segment includes Iron Ore Concentrate, Exploration and Evaluation, and Corporate. The company generates the maximum of its revenue from the Iron Ore Concentrate segment.
84GF Score
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