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Mitchell ServicesASX:MSV +3.96%55 Gross Margin % is 79.20% as of Jun. 2026, which is 10% below its 10-year median of 87.99. GuruFocus rates ASX:MSV with a GF Score™ of 55/100 and a GF Value™ of A$0.34 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 733 Metals & Mining companies, Mitchell Services ranks better than 96.59% 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
Mitchell Services had a gross margin of 79.20% for the quarter that ended in Jun. 2026 => 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.
Mitchell Services Gross Margin % Related Terms
Mitchell Services Gross Margin % Historical Data
* Premium members only.
The historical data trend for Mitchell 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.
For the Other Industrial Metals & Mining subindustry, Mitchell 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.
Mitchell Services Gross Margin % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Mitchell Services's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Mitchell Services'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.
Mitchell Services (ASX:MSV) has a Gross Margin % of 79.20% as of Jun. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Mitchell Services and its competitors. This is 10% below median its historical median of 87.99. Over the past decade, Mitchell Services' Gross Margin % has ranged from 82.88 to 89.55. According to the industry distribution chart, Mitchell Services ranks #25 out of 733 companies in the Metals & Mining industry, placing it in the top 3.4%.
Is Mitchell Services' Gross Margin % too high?
Mitchell Services' current Gross Margin % of 79.20% is 10% below median its 10-year median of 87.99. Over the past 10 years, this metric has ranged from a low of 82.88 to a high of 89.55. The Metals & Mining industry median Gross Margin % is 27.06. Mitchell Services' value of 79.20% is 192.7% above this industry median. Based on the distribution chart, Mitchell Services ranks #25 out of 733 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Mitchell Services has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mitchell Services' Gross Margin % compare to competitors?
According to the Metals & Mining industry distribution chart, Mitchell Services ranks #25 out of 733 companies for Gross Margin %. This places Mitchell Services in the top 3% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 27.06. Mitchell Services' value of 79.20% is 192.7% above this benchmark. Historically, Mitchell Services' own Gross Margin % has ranged from 82.88 to 89.55 over the past decade. While the company's 10-year median is 87.99 vs. the industry median of 27.06, Mitchell 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 27.06, based on 733 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. Mitchell Services's current Gross Margin % of 79.20% is 192.7% 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 Mitchell Services and its competitors. For the Metals & Mining industry, the median Gross Margin % is 27.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mitchell Services's current Gross Margin % is 79.20%, which is 10% below median its own 10-year median of 87.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mitchell Services stock overvalued right now?
Based on GuruFocus' analysis, Mitchell Services (ASX:MSV) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.34, compared to a current price of A$0.53 — trading 54.4% above its estimated fair value. The current Gross Margin % is 79.20%, which is 10% below median its 10-year median of 87.99 and 192.7% above the Metals & Mining industry median of 27.06. Mitchell Services' overall GF Score™ is 55/100 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 Mitchell Services (ASX:MSV), the current Gross Margin % is 79.20% as of Jun. 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 Mitchell Services (ASX:MSV) Overvalued in 2026?
Based on GuruFocus' analysis, Mitchell Services stock appears to be overvalued.
The current stock price of A$0.53 is trading 54.4% above its estimated GF Value™ of A$0.34.
GuruFocus considers Mitchell Services to be Significantly Overvalued.
Key valuation signals for ASX:MSV:
Gross Margin %: 79.20% (10% below median its 10-year median of 87.99)
GF Value™: A$0.34 vs. price of A$0.53 (54.4% above fair value)
Industry Position: 192.7% above the Metals & Mining median (#25 of 733)
No single metric tells the full story. See the ASX:MSV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mitchell Services Ltd provides drilling services to the global exploration, mining, and energy industries. Its services extend across three key drilling divisions namely exploration, mine services, and underground. It provides drilling solutions at all stages of the mining lifecycle in both the minerals and energy sectors. The group's services include grassroots exploration, project feasibility, construction, production, closure and remediation. The company generates the majority of its revenue from Surface drilling services.
55GF Score
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