Mincon GroupLSE:MCON +0.89%54 Gross Margin % is 30.07% as of Dec. 2025, which is 10% below its 10-year median of 33.50. GuruFocus rates LSE:MCON with a GF Score™ of 54/100 and a GF Value™ of £0.42 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,997 Industrial Products companies, Mincon Group ranks better than 58.22% on this metric.
Mincon Group PLC gross margin has been in long-term decline. The average rate of decline per year is -4.2%.
The historical rank and industry rank for Mincon Group's Gross Margin % or its related term are showing as below:
LSE:MCON'
s Gross Margin % Range Over the Past 10 Years
Min: 27.87 Med: 33.5 Max: 40.12
Current: 29.88
During the past 13 years, the highestGross Margin % of Mincon Group was 40.12%. The lowest was 27.87%. And the median was 33.50%.
LSE:MCON's Gross Margin % is ranked better than 58.22% of 2997
companies
in the Industrial Products industry
Industry Median: 26.81
vs LSE:MCON: 29.88
Mincon Group had a gross margin of 30.07% for the quarter that ended in Dec. 2025 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Mincon Group was -4.20% per year.
Mincon Group (LSE:MCON) 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
Mincon Group had a gross margin of 30.07% 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.
Mincon Group Gross Margin % Related Terms
Mincon Group Gross Margin % Historical Data
* Premium members only.
The historical data trend for Mincon Group'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.
LSE:MCON vs SNA, RBC, LECO: Gross Margin % Comparison
For the Tools & Accessories subindustry, Mincon Group'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.
Mincon Group Gross Margin % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Mincon Group's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Mincon Group'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.
Mincon Group (LSE:MCON) has a Gross Margin % of 30.07% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Mincon Group and its competitors. This is 10% below median its historical median of 33.50. Over the past decade, Mincon Group's Gross Margin % has ranged from 27.87 to 40.12. According to the industry distribution chart, Mincon Group ranks #1252 out of 2997 companies in the Industrial Products industry, placing it in the top 41.8%.
Is Mincon Group's Gross Margin % too high?
Mincon Group's current Gross Margin % of 30.07% is 10% below median its 10-year median of 33.50. Over the past 10 years, this metric has ranged from a low of 27.87 to a high of 40.12. The Industrial Products industry median Gross Margin % is 26.81. Mincon Group's value of 30.07% is 12.2% above this industry median. Based on the distribution chart, Mincon Group ranks #1252 out of 2997 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Mincon Group has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mincon Group's Gross Margin % compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Mincon Group ranks #1252 out of 2997 companies for Gross Margin %. This puts Mincon Group in the upper half of its industry. The industry median Gross Margin % is 26.81. Mincon Group's value of 30.07% is 12.2% above this benchmark. Historically, Mincon Group's own Gross Margin % has ranged from 27.87 to 40.12 over the past decade. While the company's 10-year median is 33.50 vs. the industry median of 26.81, Mincon Group 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 an Industrial Products company?
The median Gross Margin % among Industrial Products companies is 26.81, based on 2,997 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. Mincon Group's current Gross Margin % of 30.07% is 12.2% 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 Mincon Group and its competitors. For the Industrial Products industry, the median Gross Margin % is 26.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mincon Group's current Gross Margin % is 30.07%, which is 10% below median its own 10-year median of 33.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mincon Group stock overvalued right now?
Based on GuruFocus' analysis, Mincon Group (LSE:MCON) is currently considered Significantly Overvalued. The stock's GF Value™ is £0.42, compared to a current price of £0.57 — trading 34.5% above its estimated fair value. The current Gross Margin % is 30.07%, which is 10% below median its 10-year median of 33.50 and 12.2% above the Industrial Products industry median of 26.81. Mincon Group's overall GF Score™ is 54/100 with 5 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 Mincon Group (LSE:MCON), the current Gross Margin % is 30.07% 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 Mincon Group (LSE:MCON) Overvalued in 2026?
Based on GuruFocus' analysis, Mincon Group stock appears to be overvalued.
The current stock price of £0.57 is trading 34.5% above its estimated GF Value™ of £0.42.
GuruFocus considers Mincon Group to be Significantly Overvalued.
Key valuation signals for LSE:MCON:
Gross Margin %: 30.07% (10% below median its 10-year median of 33.50)
GF Value™: £0.42 vs. price of £0.57 (34.5% above fair value)
Industry Position: 12.2% above the Industrial Products median (#1252 of 2997)
No single metric tells the full story. See the LSE:MCON stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mincon Group PLC designs, produces, and sells rock drilling tools. Its products are used in the mining exploration, oil and gas production, water well drilling, geothermal drilling, and seismic drilling sectors. Mincon's product offerings include conventional down-the-hole hammers, inverted circulation down-the-hole hammers, horizontal directional drilling systems, mast integration systems, drill pipes, and shock absorbers, among others. It also provides training, after-sales support, and related services to customers through its network of sales and distribution companies. Maximum revenue is derived from the sale of drilling equipment. Geographically, the company generates maximum revenue from Europe, Middle East, Africa (EMEA), followed by the Americas, Australasia, and Ireland.
54GF Score
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