Morgan Advanced Materials (LSE:MGAM) Gross Margin %: 0.00% (As of Dec. 2025)


LSE:MGAM Morgan Advanced Materials PLC LSE:MGAM
74 GF Score
Price £2.13
GF Value £2.41
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Morgan Advanced Materials Gross Margin %?

Morgan Advanced Materials LSE:MGAM -1.84% 74 Gross Margin % is 0.00% as of Dec. 2025. GuruFocus rates LSE:MGAM with a GF Score™ of 74/100 and a GF Value™ of £2.41 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 2,997 Industrial Products companies, Morgan Advanced Materials ranks better than 98.1% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Morgan Advanced Materials's Gross Profit for the six months ended in Dec. 2025 was £474.0 Mil. Morgan Advanced Materials's Revenue for the six months ended in Dec. 2025 was £474.0 Mil. Therefore, Morgan Advanced Materials's Gross Margin % for the quarter that ended in Dec. 2025 was 0.00%. If there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.


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

LSE:MGAM' s Gross Margin % Range Over the Past 10 Years
Min: 70.3   Med: 73.71   Max: 77
Current: 70.3


During the past 13 years, the highest Gross Margin % of Morgan Advanced Materials was 77.00%. The lowest was 70.30%. And the median was 73.71%.

LSE:MGAM's Gross Margin % is ranked better than
98.1% of 2997 companies
in the Industrial Products industry
Industry Median: 26.81 vs LSE:MGAM: 70.30

Morgan Advanced Materials had a gross margin of N/A% for the quarter that ended in Dec. 2025 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Morgan Advanced Materials was -0.50% per year.


Morgan Advanced Materials  (LSE:MGAM) 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

Morgan Advanced Materials had a gross margin of N/A% 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.


Morgan Advanced Materials Gross Margin % Related Terms


Morgan Advanced Materials Gross Margin % Historical Data

* Premium members only.

The historical data trend for Morgan Advanced Materials'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.

Morgan Advanced Materials Gross Margin % Chart

Morgan Advanced Materials 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 73.40 72.66 72.84 74.01 70.30

Morgan Advanced Materials 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 0.00 0.00 0.00 0.00 0.00

LSE:MGAM vs GEV, ETN, PH: Gross Margin % Comparison

For the Specialty Industrial Machinery subindustry, Morgan Advanced Materials'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.


Morgan Advanced Materials Gross Margin % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Morgan Advanced Materials's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Morgan Advanced Materials's Gross Margin % falls into.


LSE:MGAM
74GF Score
Morgan Advanced Materials PLC LSE:MGAM
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Morgan Advanced Materials Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

Morgan Advanced Materials'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 )
=700.6 / 996.6
=(Revenue - Cost of Goods Sold) / Revenue
=(996.6 - 296) / 996.6
=70.30 %

Morgan Advanced Materials'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 )
=474 / 474
=(Revenue - Cost of Goods Sold) / Revenue
=(474 - 0) / 474
=N/A %

* 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 0.00% mean?
Morgan Advanced Materials (LSE:MGAM) has a Gross Margin % of 0.00% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Morgan Advanced Materials and its competitors. Over the past decade, Morgan Advanced Materials' Gross Margin % has ranged from 70.30 to 77.00. According to the industry distribution chart, Morgan Advanced Materials ranks #57 out of 2997 companies in the Industrial Products industry, placing it in the top 1.9%.
Is Morgan Advanced Materials' Gross Margin % too high?
Morgan Advanced Materials' current Gross Margin % is 0.00%. Over the past 10 years, this metric has ranged from a low of 70.30 to a high of 77.00. Based on the distribution chart, Morgan Advanced Materials ranks #57 out of 2997 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Morgan Advanced Materials has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Morgan Advanced Materials' Gross Margin % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Morgan Advanced Materials ranks #57 out of 2997 companies for Gross Margin %. This places Morgan Advanced Materials in the top 2% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 26.81. Historically, Morgan Advanced Materials' own Gross Margin % has ranged from 70.30 to 77.00 over the past decade. 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. 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 Morgan Advanced Materials 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. Morgan Advanced Materials's current Gross Margin % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Morgan Advanced Materials stock overvalued right now?
Based on GuruFocus' analysis, Morgan Advanced Materials (LSE:MGAM) is currently considered Modestly Undervalued. The stock's GF Value™ is £2.41, compared to a current price of £2.13 — trading 11.6% below its estimated fair value. The current Gross Margin % is 0.00%. Morgan Advanced Materials' overall GF Score™ is 74/100 with 7 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 Morgan Advanced Materials (LSE:MGAM), the current Gross Margin % is 0.00% 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 Morgan Advanced Materials (LSE:MGAM) Overvalued in 2026?

Based on GuruFocus' analysis, Morgan Advanced Materials stock appears to be undervalued. The current stock price of £2.13 is trading 11.6% below its estimated GF Value™ of £2.41. GuruFocus considers Morgan Advanced Materials to be Modestly Undervalued.

Key valuation signals for LSE:MGAM:

  • Gross Margin %: 0.00%
  • GF Value™: £2.41 vs. price of £2.13 (11.6% below fair value)
  • GF Score™: 74/100 with 7 warning signs

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


Morgan Advanced Materials Business Description

Address Sheet Street, York House, Windsor, GBR, SL4 1DD
Morgan Advanced Materials PLC is an advanced materials company that co-designs and manufactures mission-critical solutions using material science and application expertise. The Company's products and solutions include semiconductor consumables, collector strips and carbon brushes, graphite powders, face seals, sliding bearings, rotary seals, rotary vane pump components, structural ceramic components, engineered coatings, ceramic cores, ceramic-to-metal assemblies, braze alloys, ceramic tubes and rollers, extruded products, laser products, and MACOR machinable glass ceramic. The Group operates through three segments: Thermal Products generates maximum revenue, Performance Carbon, and Technical Ceramics. Geographically, it generates the majority of its revenue from the USA.
74GF Score

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

£2.13
Price
£2.41
GF Value