GR Engineering Services (ASX:GNG) Gross Margin %: 50.27% (As of Dec. 2025) — 15% Above Median


ASX:GNG GR Engineering Services Ltd ASX:GNG
76 GF Score
Price A$4.84
GF Value A$2.82
Valuation Significantly Overvalued
! 5 Warning Signs
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What is GR Engineering Services Gross Margin %?

GR Engineering Services ASX:GNG +0.62% 76 Gross Margin % is 50.27% as of Dec. 2025, which is 15% above its 10-year median of 43.75. GuruFocus rates ASX:GNG with a GF Score™ of 76/100 and a GF Value™ of A$2.82 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 727 Metals & Mining companies, GR Engineering Services ranks better than 77.03% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. GR Engineering Services's Gross Profit for the six months ended in Dec. 2025 was A$109.6 Mil. GR Engineering Services's Revenue for the six months ended in Dec. 2025 was A$218.0 Mil. Therefore, GR Engineering Services's Gross Margin % for the quarter that ended in Dec. 2025 was 50.27%.


The historical rank and industry rank for GR Engineering Services's Gross Margin % or its related term are showing as below:

ASX:GNG' s Gross Margin % Range Over the Past 10 Years
Min: 33.44   Med: 43.75   Max: 54.84
Current: 52.97


During the past 13 years, the highest Gross Margin % of GR Engineering Services was 54.84%. The lowest was 33.44%. And the median was 43.75%.

ASX:GNG's Gross Margin % is ranked better than
77.03% of 727 companies
in the Metals & Mining industry
Industry Median: 26.2 vs ASX:GNG: 52.97

GR Engineering Services had a gross margin of 50.27% for the quarter that ended in Dec. 2025 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for GR Engineering Services was 6.80% per year.


GR Engineering Services  (ASX:GNG) 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

GR Engineering Services had a gross margin of 50.27% for the quarter that ended in Dec. 2025 => Durable 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.


GR Engineering Services Gross Margin % Related Terms


GR Engineering Services Gross Margin % Historical Data

* Premium members only.

The historical data trend for GR Engineering Services'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.

GR Engineering Services Gross Margin % Chart

GR Engineering Services Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.47 33.44 39.16 54.84 53.20

GR Engineering Services Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Gross 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 25.41 78.11 51.22 55.81 50.27

GR Engineering Services Gross Margin % Competitor Comparison

For the Other Industrial Metals & Mining subindustry, GR Engineering Services'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.


GR Engineering Services Gross Margin % vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, GR Engineering Services's Gross Margin % distribution charts can be found below:

* The bar in red indicates where GR Engineering Services's Gross Margin % falls into.


ASX:GNG
76GF Score
GR Engineering Services Ltd ASX:GNG
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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GR Engineering Services Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

GR Engineering Services's Gross Margin for the fiscal year that ended in Jun. 2025 is calculated as

Gross Margin % (A: Jun. 2025 )=Gross Profit (A: Jun. 2025 ) / Revenue (A: Jun. 2025 )
=254.9 / 479.02
=(Revenue - Cost of Goods Sold) / Revenue
=(479.02 - 224.161) / 479.02
=53.20 %

GR Engineering Services's Gross Margin for the quarter that ended in Dec. 2025 is calculated as


Gross Margin % (Q: Dec. 2025 )=Gross Profit (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=109.6 / 218.012
=(Revenue - Cost of Goods Sold) / Revenue
=(218.012 - 108.407) / 218.012
=50.27 %

* 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.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 50.27% mean?
GR Engineering Services (ASX:GNG) has a Gross Margin % of 50.27% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on GR Engineering Services and its competitors. This is 15% above median its historical median of 43.75. Over the past decade, GR Engineering Services' Gross Margin % has ranged from 33.44 to 54.84. According to the industry distribution chart, GR Engineering Services ranks #167 out of 727 companies in the Metals & Mining industry, placing it in the top 23%.
Is GR Engineering Services' Gross Margin % too high?
GR Engineering Services' current Gross Margin % of 50.27% is 15% above median its 10-year median of 43.75. Over the past 10 years, this metric has ranged from a low of 33.44 to a high of 54.84. The Metals & Mining industry median Gross Margin % is 26.20. GR Engineering Services' value of 50.27% is 91.9% above this industry median. Based on the distribution chart, GR Engineering Services ranks #167 out of 727 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, GR Engineering Services has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does GR Engineering Services' Gross Margin % compare to competitors?
According to the Metals & Mining industry distribution chart, GR Engineering Services ranks #167 out of 727 companies for Gross Margin %. This places GR Engineering Services in the top 23% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 26.20. GR Engineering Services' value of 50.27% is 91.9% above this benchmark. Historically, GR Engineering Services' own Gross Margin % has ranged from 33.44 to 54.84 over the past decade. While the company's 10-year median is 43.75 vs. the industry median of 26.20, GR Engineering Services 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 26.20, based on 727 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. GR Engineering Services's current Gross Margin % of 50.27% is 91.9% 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 GR Engineering Services and its competitors. For the Metals & Mining industry, the median Gross Margin % is 26.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GR Engineering Services's current Gross Margin % is 50.27%, which is 15% above median its own 10-year median of 43.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GR Engineering Services stock overvalued right now?
Based on GuruFocus' analysis, GR Engineering Services (ASX:GNG) is currently considered Significantly Overvalued. The stock's GF Value™ is A$2.82, compared to a current price of A$4.84 — trading 71.6% above its estimated fair value. The current Gross Margin % is 50.27%, which is 15% above median its 10-year median of 43.75 and 91.9% above the Metals & Mining industry median of 26.20. GR Engineering Services' overall GF Score™ is 76/100 with 5 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 GR Engineering Services (ASX:GNG), the current Gross Margin % is 50.27% 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 GR Engineering Services (ASX:GNG) Overvalued in 2026?

Based on GuruFocus' analysis, GR Engineering Services stock appears to be overvalued. The current stock price of A$4.84 is trading 71.6% above its estimated GF Value™ of A$2.82. GuruFocus considers GR Engineering Services to be Significantly Overvalued.

Key valuation signals for ASX:GNG:

  • Gross Margin %: 50.27% (15% above median its 10-year median of 43.75)
  • GF Value™: A$2.82 vs. price of A$4.84 (71.6% above fair value)
  • GF Score™: 76/100 with 5 warning signs
  • Industry Position: 91.9% above the Metals & Mining median (#167 of 727)

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


GR Engineering Services Business Description

Address 71 Daly Street, Ascot, Perth, WA, AUS, 6104
GR Engineering Services Ltd provides process engineering, detailed engineering design, process control, and automation design and construction services to the mining and mineral processing industry. In addition, it also provides operations, maintenance, engineering, and advisory services to the energy sector. The company has been a part of several projects, including the Mungari Future Growth Project, Kathleen Valley Lithium Backfill Project, and the Woodlawn Restart Project, among others. It operates in two segments: Mineral Processing and Oil and Gas. Key revenue is derived from the Mineral processing segment, which includes Engineering, Procurement, and Construction (EPC) contracts of mineral projects. Geographically, the group derives maximum revenue from its business in Australia.
76GF Score

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

A$4.84
Price
A$2.82
GF Value