Iluka ResourcesILKAF +2.61%66 Gross Margin % is 55.32% as of Dec. 2025, which is 10% below its 10-year median of 61.61. GuruFocus rates ILKAF with a GF Score™ of 66/100 and a GF Value™ of $3.30 (Significantly Overvalued). The stock has 11 warning signs investors should review. Among 730 Metals & Mining companies, Iluka Resources ranks better than 84.79% 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
Iluka Resources had a gross margin of 55.32% 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.
Iluka Resources Gross Margin % Related Terms
Iluka Resources Gross Margin % Historical Data
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The historical data trend for Iluka Resources'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, Iluka Resources'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.
Iluka Resources Gross Margin % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Iluka Resources's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Iluka Resources'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.
Iluka Resources (ILKAF) has a Gross Margin % of 55.32% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Iluka Resources and its competitors. This is 10% below median its historical median of 61.61. Over the past decade, Iluka Resources' Gross Margin % has ranged from 42.56 to 70.87. According to the industry distribution chart, Iluka Resources ranks #111 out of 730 companies in the Metals & Mining industry, placing it in the top 15.2%.
Is Iluka Resources' Gross Margin % too high?
Iluka Resources' current Gross Margin % of 55.32% is 10% below median its 10-year median of 61.61. Over the past 10 years, this metric has ranged from a low of 42.56 to a high of 70.87. The Metals & Mining industry median Gross Margin % is 26.05. Iluka Resources' value of 55.32% is 112.4% above this industry median. Based on the distribution chart, Iluka Resources ranks #111 out of 730 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Iluka Resources has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Iluka Resources' Gross Margin % compare to competitors?
According to the Metals & Mining industry distribution chart, Iluka Resources ranks #111 out of 730 companies for Gross Margin %. This places Iluka Resources in the top 15% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 26.05. Iluka Resources' value of 55.32% is 112.4% above this benchmark. Historically, Iluka Resources' own Gross Margin % has ranged from 42.56 to 70.87 over the past decade. While the company's 10-year median is 61.61 vs. the industry median of 26.05, Iluka Resources 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 26.05, based on 730 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. Iluka Resources's current Gross Margin % of 55.32% is 112.4% 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 Iluka Resources and its competitors. For the Metals & Mining industry, the median Gross Margin % is 26.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Iluka Resources's current Gross Margin % is 55.32%, which is 10% below median its own 10-year median of 61.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Iluka Resources stock overvalued right now?
Based on GuruFocus' analysis, Iluka Resources (ILKAF) is currently considered Significantly Overvalued. The stock's GF Value™ is $3.30, compared to a current price of $5.11 — trading 54.7% above its estimated fair value. The current Gross Margin % is 55.32%, which is 10% below median its 10-year median of 61.61 and 112.4% above the Metals & Mining industry median of 26.05. Iluka Resources' overall GF Score™ is 66/100 with 11 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 Iluka Resources (ILKAF), the current Gross Margin % is 55.32% 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 Iluka Resources (ILKAF) Overvalued in 2026?
Based on GuruFocus' analysis, Iluka Resources stock appears to be overvalued.
The current stock price of $5.11 is trading 54.7% above its estimated GF Value™ of $3.30.
GuruFocus considers Iluka Resources to be Significantly Overvalued.
Key valuation signals for ILKAF:
Gross Margin %: 55.32% (10% below median its 10-year median of 61.61)
GF Value™: $3.30 vs. price of $5.11 (54.7% above fair value)
Industry Position: 112.4% above the Metals & Mining median (#111 of 730)
No single metric tells the full story. See the ILKAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Iluka Resources is a leading global mineral sands miner. It is the largest global producer of zircon, and one of the largest producers of titanium dioxide feedstocks (rutile, synthetic rutile). Low zircon costs are underpinned by the high-grade Jacinth-Ambrosia mine in South Australia, but reserve life is less than 10 years. A 20% shareholding in Deterra Royalties brings exposure to the high-quality Mining Area C iron ore royalty. Production from the Balranald rutile and zircon mine commenced in late 2025, and Iluka is also building a rare-earth refinery at Eneabba. The refinery will be able to process Iluka's existing monazite stockpile as well as feed from third parties, Balranald, and future Iluka projects.
66GF Score
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