Valterra Platinum (JSE:VAL) Gross Margin %: 31.67% (As of Dec. 2025) — 53% Above Median


JSE:VAL Valterra Platinum Ltd JSE:VAL
79 GF Score
Price R1,130.00
GF Value R809.40
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Valterra Platinum Gross Margin %?

Valterra Platinum JSE:VAL +4.29% 79 Gross Margin % is 31.67% as of Dec. 2025, which is 53% above its 10-year median of 20.71. GuruFocus rates JSE:VAL with a GF Score™ of 79/100 and a GF Value™ of R809.40 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 730 Metals & Mining companies, Valterra Platinum ranks worse than 51.64% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Valterra Platinum's Gross Profit for the six months ended in Dec. 2025 was R23,437 Mil. Valterra Platinum's Revenue for the six months ended in Dec. 2025 was R73,993 Mil. Therefore, Valterra Platinum's Gross Margin % for the quarter that ended in Dec. 2025 was 31.67%.

Warning Sign:

Valterra Platinum Ltd gross margin has been in long-term decline. The average rate of decline per year is -16.2%.


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

JSE:VAL' s Gross Margin % Range Over the Past 10 Years
Min: 9.46   Med: 20.71   Max: 48.99
Current: 24.55


During the past 13 years, the highest Gross Margin % of Valterra Platinum was 48.99%. The lowest was 9.46%. And the median was 20.71%.

JSE:VAL's Gross Margin % is ranked worse than
51.64% of 730 companies
in the Metals & Mining industry
Industry Median: 26.175 vs JSE:VAL: 24.55

Valterra Platinum had a gross margin of 31.67% for the quarter that ended in Dec. 2025 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Valterra Platinum was -16.20% per year.


Valterra Platinum  (JSE:VAL) 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

Valterra Platinum had a gross margin of 31.67% for the quarter that ended in Dec. 2025 => 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.


Valterra Platinum Gross Margin % Related Terms


Valterra Platinum Gross Margin % Historical Data

* Premium members only.

The historical data trend for Valterra Platinum'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.

Valterra Platinum Gross Margin % Chart

Valterra Platinum 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 48.99 42.97 16.87 16.72 24.55

Valterra Platinum Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 16.70 21.76 12.08 12.10 31.67

JSE:VAL vs HL: Gross Margin % Comparison

For the Other Precious Metals & Mining subindustry, Valterra Platinum'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.


Valterra Platinum Gross Margin % vs Metals & Mining Industry

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

* The bar in red indicates where Valterra Platinum's Gross Margin % falls into.


JSE:VAL
79GF Score
Valterra Platinum Ltd JSE:VAL
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Valterra Platinum Gross Margin % Calculation

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

Valterra Platinum'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 )
=28558 / 116330
=(Revenue - Cost of Goods Sold) / Revenue
=(116330 - 87772) / 116330
=24.55 %

Valterra Platinum's Gross Margin for the quarter that ended in Dec. 2025 is calculated as


Gross Margin % (Q: Dec. 2025 )=Gross Profit (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=23437 / 73993
=(Revenue - Cost of Goods Sold) / Revenue
=(73993 - 50556) / 73993
=31.67 %

* 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 31.67% mean?
Valterra Platinum (JSE:VAL) has a Gross Margin % of 31.67% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Valterra Platinum and its competitors. This is 53% above median its historical median of 20.71. Over the past decade, Valterra Platinum's Gross Margin % has ranged from 9.46 to 48.99. According to the industry distribution chart, Valterra Platinum ranks #377 out of 730 companies in the Metals & Mining industry, placing it in the top 51.6%.
Is Valterra Platinum's Gross Margin % too high?
Valterra Platinum's current Gross Margin % of 31.67% is 53% above median its 10-year median of 20.71. Over the past 10 years, this metric has ranged from a low of 9.46 to a high of 48.99. The Metals & Mining industry median Gross Margin % is 26.18. Valterra Platinum's value of 31.67% is 21% above this industry median. Based on the distribution chart, Valterra Platinum ranks #377 out of 730 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Valterra Platinum has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Valterra Platinum's Gross Margin % compare to HL?
According to the Metals & Mining industry distribution chart, Valterra Platinum ranks #377 out of 730 companies for Gross Margin %. This places Valterra Platinum in the lower half of its industry. The industry median Gross Margin % is 26.18. Valterra Platinum's value of 31.67% is 21% above this benchmark. Historically, Valterra Platinum's own Gross Margin % has ranged from 9.46 to 48.99 over the past decade. While the company's 10-year median is 20.71 vs. the industry median of 26.18, Valterra Platinum 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 26.18, 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. Valterra Platinum's current Gross Margin % of 31.67% is 21% 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 Valterra Platinum and its competitors. For the Metals & Mining industry, the median Gross Margin % is 26.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Valterra Platinum's current Gross Margin % is 31.67%, which is 53% above median its own 10-year median of 20.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Valterra Platinum stock overvalued right now?
Based on GuruFocus' analysis, Valterra Platinum (JSE:VAL) is currently considered Significantly Overvalued. The stock's GF Value™ is R809.40, compared to a current price of R1,130.00 — trading 39.6% above its estimated fair value. The current Gross Margin % is 31.67%, which is 53% above median its 10-year median of 20.71 and 21% above the Metals & Mining industry median of 26.18. Valterra Platinum's overall GF Score™ is 79/100 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 Valterra Platinum (JSE:VAL), the current Gross Margin % is 31.67% 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 Valterra Platinum (JSE:VAL) Overvalued in 2026?

Based on GuruFocus' analysis, Valterra Platinum stock appears to be overvalued. The current stock price of R1,130.00 is trading 39.6% above its estimated GF Value™ of R809.40. GuruFocus considers Valterra Platinum to be Significantly Overvalued.

Key valuation signals for JSE:VAL:

  • Gross Margin %: 31.67% (53% above median its 10-year median of 20.71)
  • GF Value™: R809.40 vs. price of R1,130.00 (39.6% above fair value)
  • GF Score™: 79/100 with 6 warning signs
  • Industry Position: 21% above the Metals & Mining median (#377 of 730)

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


Valterra Platinum Business Description

Address 144 Oxford Road, Melrose, Rosebank, Johannesburg, GT, ZAF, 2196
Valterra Platinum Ltd supplies platinum group metals (PGMs). It provides services across the value chain, including mining, recycling, and trading of metals. Its products include PGMs such as platinum, palladium, rhodium, iridium, and ruthenium; base metals such as copper, nickel, cobalt sulphate, and chrome; and other by-products such as gold and sodium sulphate, with operations across different stages of production. The majority of the company's revenue is derived from the sale of Platinum. Geographically, it generates the maximum revenue from Japan.
79GF Score

Get the complete analysis for JSE:VAL

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

R1,130.00
Price
R809.40
GF Value