Metro Performance GlassASX:MPP 33 Gross Margin % is 20.96% as of Mar. 2026, which is 50% below its 10-year median of 41.89. GuruFocus rates ASX:MPP with a GF Score™ of 33/100 and a GF Value™ of A$0.49 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,724 Construction companies, Metro Performance Glass ranks better than 70.3% on this metric.
ASX:MPP's Gross Margin % is ranked better than 70.3% of 1724
companies
in the Construction industry
Industry Median: 20.705
vs ASX:MPP: 30.96
Metro Performance Glass had a gross margin of 20.96% for the quarter that ended in Mar. 2026 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Metro Performance Glass was -1.60% per year.
Metro Performance Glass (ASX:MPP) 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
Metro Performance Glass had a gross margin of 20.96% 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.
Metro Performance Glass Gross Margin % Related Terms
Metro Performance Glass 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.
ASX:MPP vs TT, JCI, CARR: Gross Margin % Comparison
For the Building Products & Equipment subindustry, Metro Performance Glass'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.
Metro Performance Glass Gross Margin % vs Construction Industry
For the Construction industry and Industrials sector, Metro Performance Glass's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Metro Performance Glass'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.
Metro Performance Glass (ASX:MPP) has a Gross Margin % of 20.96% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Metro Performance Glass and its competitors. This is 50% below median its historical median of 41.89. Over the past decade, Metro Performance Glass' Gross Margin % has ranged from 30.96 to 73.04. According to the industry distribution chart, Metro Performance Glass ranks #512 out of 1724 companies in the Construction industry, placing it in the top 29.7%.
Is Metro Performance Glass' Gross Margin % too high?
Metro Performance Glass' current Gross Margin % of 20.96% is 50% below median its 10-year median of 41.89. Over the past 10 years, this metric has ranged from a low of 30.96 to a high of 73.04. The Construction industry median Gross Margin % is 20.71. Metro Performance Glass' value of 20.96% is 1.2% above this industry median. Based on the distribution chart, Metro Performance Glass ranks #512 out of 1724 companies in the Construction industry, which is above the industry midpoint. Overall, Metro Performance Glass has a GF Score™ of 33/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Metro Performance Glass' Gross Margin % compare to TT and JCI?
According to the Construction industry distribution chart, Metro Performance Glass ranks #512 out of 1724 companies for Gross Margin %. This puts Metro Performance Glass in the upper half of its industry. The industry median Gross Margin % is 20.71. Metro Performance Glass' value of 20.96% is 1.2% above this benchmark. Historically, Metro Performance Glass' own Gross Margin % has ranged from 30.96 to 73.04 over the past decade. While the company's 10-year median is 41.89 vs. the industry median of 20.71, Metro Performance Glass 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 Construction company?
The median Gross Margin % among Construction companies is 20.71, based on 1,724 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. Metro Performance Glass's current Gross Margin % of 20.96% is 1.2% 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 Metro Performance Glass and its competitors. For the Construction industry, the median Gross Margin % is 20.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Metro Performance Glass's current Gross Margin % is 20.96%, which is 50% below median its own 10-year median of 41.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Metro Performance Glass stock overvalued right now?
Based on GuruFocus' analysis, Metro Performance Glass (ASX:MPP) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.49, compared to a current price of A$0.95 — trading 92.9% above its estimated fair value. The current Gross Margin % is 20.96%, which is 50% below median its 10-year median of 41.89 and 1.2% above the Construction industry median of 20.71. Metro Performance Glass' overall GF Score™ is 33/100 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 Metro Performance Glass (ASX:MPP), the current Gross Margin % is 20.96% 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 Metro Performance Glass (ASX:MPP) Overvalued in 2026?
Based on GuruFocus' analysis, Metro Performance Glass stock appears to be overvalued.
The current stock price of A$0.95 is trading 92.9% above its estimated GF Value™ of A$0.49.
GuruFocus considers Metro Performance Glass to be Significantly Overvalued.
Key valuation signals for ASX:MPP:
Gross Margin %: 20.96% (50% below median its 10-year median of 41.89)
GF Value™: A$0.49 vs. price of A$0.95 (92.9% above fair value)
Industry Position: 1.2% above the Construction median (#512 of 1724)
No single metric tells the full story. See the ASX:MPP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Metro Performance Glass Ltd operates as a glass processor. It group supplies processed flat glass and related products to the residential and commercial building sectors. It offers a range of glass products, including Decorative Glass, low Glass, Mirrors, bathroom shower screens, Shower Glass, Safety Security glass, Obscure, Frosted, and Privacy Glass, doors, and others. Its geographical segments include New Zealand and Australia. It generates a majority of its revenue from New Zealand.
33GF Score
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