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South Manganese Investment (FRA:00D0) 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
South Manganese Investment had a gross margin of 14.85% 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.
South Manganese Investment Gross Margin % Related Terms
South Manganese Investment 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.
South Manganese Investment Gross Margin % Competitor Comparison
For the Other Industrial Metals & Mining subindustry, South Manganese Investment'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.
South Manganese Investment Gross Margin % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, South Manganese Investment's Gross Margin % distribution charts can be found below:
* The bar in red indicates where South Manganese Investment'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.
South Manganese Investment (FRA:00D0) has a Gross Margin % of 14.85% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on South Manganese Investment and its competitors. This is 28% above median its historical median of 11.63. Over the past decade, South Manganese Investment's Gross Margin % has ranged from 3.08 to 18.23. According to the industry distribution chart, South Manganese Investment ranks #474 out of 733 companies in the Metals & Mining industry, placing it in the top 64.7%.
Is South Manganese Investment's Gross Margin % too high?
South Manganese Investment's current Gross Margin % of 14.85% is 28% above median its 10-year median of 11.63. Over the past 10 years, this metric has ranged from a low of 3.08 to a high of 18.23. The Metals & Mining industry median Gross Margin % is 27.06. South Manganese Investment's value of 14.85% is 45.1% below this industry median. Based on the distribution chart, South Manganese Investment ranks #474 out of 733 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, South Manganese Investment has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does South Manganese Investment's Gross Margin % compare to competitors?
According to the Metals & Mining industry distribution chart, South Manganese Investment ranks #474 out of 733 companies for Gross Margin %. This places South Manganese Investment in the lower half of its industry. The industry median Gross Margin % is 27.06. South Manganese Investment's value of 14.85% is 45.1% below this benchmark. Historically, South Manganese Investment's own Gross Margin % has ranged from 3.08 to 18.23 over the past decade. While the company's 10-year median is 11.63 vs. the industry median of 27.06, South Manganese Investment has consistently been below 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. South Manganese Investment's current Gross Margin % of 14.85% is 45.1% below 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 South Manganese Investment 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. South Manganese Investment's current Gross Margin % is 14.85%, which is 28% above median its own 10-year median of 11.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is South Manganese Investment stock overvalued right now?
South Manganese Investment (FRA:00D0) has a current Gross Margin % of 14.85%. The stock's GF Value™ is €0.01, compared to a current price of €0.03 — trading 225% above its estimated fair value. The current Gross Margin % is 14.85%, which is 28% above median its 10-year median of 11.63 and 45.1% below the Metals & Mining industry median of 27.06. South Manganese Investment's overall GF Score™ is 44/100 with 4 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 South Manganese Investment (FRA:00D0), the current Gross Margin % is 14.85% 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 South Manganese Investment (FRA:00D0) Overvalued in 2026?
Based on GuruFocus' analysis, South Manganese Investment stock appears to be overvalued.
The current stock price of €0.03 is trading 225% above its estimated GF Value™ of €0.01.
Key valuation signals for FRA:00D0:
Gross Margin %: 14.85% (28% above median its 10-year median of 11.63)
GF Value™: €0.01 vs. price of €0.03 (225% above fair value)
Industry Position: 45.1% below the Metals & Mining median (#474 of 733)
No single metric tells the full story. See the FRA:00D0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
South Manganese Investment Ltd is a mining company engaged in manganese mining, ore processing in China and Gabon, and downstream processing operations in the PRC. The company operates in four segments namely Manganese mining which engages in the mining and production of manganese products including mining, beneficiation, concentrating, grinding and the production of manganese concentrates; EMM and alloying materials production segment comprise hydrometallurgical processing and pyrometallurgical processing; Battery materials production segment engages in the production and sale of battery materials products, including Electrolytic Manganese Dioxide; and others business segment includes trading of various commodities such as manganese ore, sales of scraps, and others.
44GF Score
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