GLBXF (Globex Mining Enterprises) Gross Margin %: 96.22% (As of Mar. 2026) — Near Median

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GLBXF Globex Mining Enterprises Inc GLBXF
42 GF Score
Price $1.31
GF Value $0.60
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Globex Mining Enterprises Gross Margin %?

Globex Mining Enterprises GLBXF -1.36% 42 Gross Margin % is 96.22% as of Mar. 2026, which is 2% below its 10-year median of 98.46. GuruFocus rates GLBXF with a GF Score™ of 42/100 and a GF Value™ of $0.60 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 731 Metals & Mining companies, Globex Mining Enterprises ranks better than 96.85% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Globex Mining Enterprises's Gross Profit for the three months ended in Mar. 2026 was $0.41 Mil. Globex Mining Enterprises's Revenue for the three months ended in Mar. 2026 was $0.42 Mil. Therefore, Globex Mining Enterprises's Gross Margin % for the quarter that ended in Mar. 2026 was 96.22%.

Warning Sign:

Globex Mining Enterprises Inc gross margin has been in long-term decline. The average rate of decline per year is -1.2%.


The historical rank and industry rank for Globex Mining Enterprises's Gross Margin % or its related term are showing as below:

GLBXF' s Gross Margin % Range Over the Past 10 Years
Min: 93.99   Med: 98.46   Max: 99.88
Current: 94.76


During the past 13 years, the highest Gross Margin % of Globex Mining Enterprises was 99.88%. The lowest was 93.99%. And the median was 98.46%.

GLBXF's Gross Margin % is ranked better than
96.85% of 731 companies
in the Metals & Mining industry
Industry Median: 26.2 vs GLBXF: 94.76

Globex Mining Enterprises had a gross margin of 96.22% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Globex Mining Enterprises was -1.20% per year.


Globex Mining Enterprises  (OTCPK:GLBXF) 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

Globex Mining Enterprises had a gross margin of 96.22% for the quarter that ended in Mar. 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.


Globex Mining Enterprises Gross Margin % Related Terms


Globex Mining Enterprises Gross Margin % Historical Data

* Premium members only.

The historical data trend for Globex Mining Enterprises'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.

Globex Mining Enterprises Gross Margin % Chart

Globex Mining Enterprises Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 99.88 95.92 97.95 93.94 94.58

Globex Mining Enterprises Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 95.77 74.24 94.46 98.13 96.22

Globex Mining Enterprises Gross Margin % Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Globex Mining Enterprises'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.


Globex Mining Enterprises Gross Margin % vs Metals & Mining Industry

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

* The bar in red indicates where Globex Mining Enterprises's Gross Margin % falls into.


GLBXF
42GF Score
Globex Mining Enterprises Inc GLBXF
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Globex Mining Enterprises Gross Margin % Calculation

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

Globex Mining Enterprises's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=1 / 1.051
=(Revenue - Cost of Goods Sold) / Revenue
=(1.051 - 0.057) / 1.051
=94.58 %

Globex Mining Enterprises's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=0.4 / 0.423
=(Revenue - Cost of Goods Sold) / Revenue
=(0.423 - 0.016) / 0.423
=96.22 %

* 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 96.22% mean?
Globex Mining Enterprises (GLBXF) has a Gross Margin % of 96.22% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Globex Mining Enterprises and its competitors. This is near median its historical median of 98.46. Over the past decade, Globex Mining Enterprises' Gross Margin % has ranged from 93.99 to 99.88. According to the industry distribution chart, Globex Mining Enterprises ranks #23 out of 731 companies in the Metals & Mining industry, placing it in the top 3.1%.
Is Globex Mining Enterprises' Gross Margin % too high?
Globex Mining Enterprises' current Gross Margin % of 96.22% is near median its 10-year median of 98.46. Over the past 10 years, this metric has ranged from a low of 93.99 to a high of 99.88. The Metals & Mining industry median Gross Margin % is 26.20. Globex Mining Enterprises' value of 96.22% is 267.3% above this industry median. Based on the distribution chart, Globex Mining Enterprises ranks #23 out of 731 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Globex Mining Enterprises has a GF Score™ of 42/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Globex Mining Enterprises' Gross Margin % compare to competitors?
According to the Metals & Mining industry distribution chart, Globex Mining Enterprises ranks #23 out of 731 companies for Gross Margin %. This places Globex Mining Enterprises in the top 3% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 26.20. Globex Mining Enterprises' value of 96.22% is 267.3% above this benchmark. Historically, Globex Mining Enterprises' own Gross Margin % has ranged from 93.99 to 99.88 over the past decade. While the company's 10-year median is 98.46 vs. the industry median of 26.20, Globex Mining Enterprises 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 731 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. Globex Mining Enterprises's current Gross Margin % of 96.22% is 267.3% 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 Globex Mining Enterprises 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. Globex Mining Enterprises's current Gross Margin % is 96.22%, which is near median its own 10-year median of 98.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Globex Mining Enterprises stock overvalued right now?
Based on GuruFocus' analysis, Globex Mining Enterprises (GLBXF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.60, compared to a current price of $1.31 — trading 118.2% above its estimated fair value. The current Gross Margin % is 96.22%, which is near median its 10-year median of 98.46 and 267.3% above the Metals & Mining industry median of 26.20. Globex Mining Enterprises' overall GF Score™ is 42/100 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 Globex Mining Enterprises (GLBXF), the current Gross Margin % is 96.22% 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 Globex Mining Enterprises (GLBXF) Overvalued in 2026?

Based on GuruFocus' analysis, Globex Mining Enterprises stock appears to be overvalued. The current stock price of $1.31 is trading 118.2% above its estimated GF Value™ of $0.60. GuruFocus considers Globex Mining Enterprises to be Significantly Overvalued.

Key valuation signals for GLBXF:

  • Gross Margin %: 96.22% (near median its 10-year median of 98.46)
  • GF Value™: $0.60 vs. price of $1.31 (118.2% above fair value)
  • GF Score™: 42/100 with 2 warning signs
  • Industry Position: 267.3% above the Metals & Mining median (#23 of 731)

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


Globex Mining Enterprises Business Description

Other Exchanges G1MN:GermanyGMX:Canada
Address 89 Belsize Drive, Toronto, ON, CAN, M4S 1L3
Globex Mining Enterprises Inc is a Canada-based exploration company. The company is focused on exploration and development property bank which operates under the project generator business mode. The company is engaged in the acquisition, development, and exploration of mineral properties in North America. The company's mineral portfolio consists of early to mid-stage exploration, development, and royalty properties which contain Base Metals, Specialty Metals and Minerals and Industrial Minerals.
42GF Score

Get the complete analysis for GLBXF

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

$1.31
Price
$0.60
GF Value