Philex MiningPHS:PX -1.13%65 Gross Margin % is -25.62% as of Mar. 2026. GuruFocus rates PHS:PX with a GF Score™ of 65/100 and a GF Value™ of ₱3.24 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 730 Metals & Mining companies, Philex Mining ranks worse than 62.88% on this metric.
Philex Mining Corp gross margin has been in long-term decline. The average rate of decline per year is -10.5%.
The historical rank and industry rank for Philex Mining's Gross Margin % or its related term are showing as below:
PHS:PX'
s Gross Margin % Range Over the Past 10 Years
Min: 2.17 Med: 22.57 Max: 36.28
Current: 17.18
During the past 13 years, the highestGross Margin % of Philex Mining was 36.28%. The lowest was 2.17%. And the median was 22.57%.
PHS:PX's Gross Margin % is ranked worse than 62.88% of 730
companies
in the Metals & Mining industry
Industry Median: 26.175
vs PHS:PX: 17.18
Philex Mining had a gross margin of -25.62% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Philex Mining was -10.50% per year.
Philex Mining (PHS:PX) 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
Philex Mining had a gross margin of -25.62% for the quarter that ended in Mar. 2026 => 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.
Philex Mining Gross Margin % Related Terms
Philex Mining Gross Margin % Historical Data
* Premium members only.
The historical data trend for Philex Mining'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, Philex Mining'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.
Philex Mining Gross Margin % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Philex Mining's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Philex Mining'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.
Philex Mining (PHS:PX) has a Gross Margin % of -25.62% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Philex Mining and its competitors. Over the past decade, Philex Mining's Gross Margin % has ranged from 2.17 to 36.28. According to the industry distribution chart, Philex Mining ranks #459 out of 730 companies in the Metals & Mining industry, placing it in the top 62.9%.
Is Philex Mining's Gross Margin % too high?
Philex Mining's current Gross Margin % is -25.62%. Over the past 10 years, this metric has ranged from a low of 2.17 to a high of 36.28. Based on the distribution chart, Philex Mining ranks #459 out of 730 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Philex Mining has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Philex Mining's Gross Margin % compare to competitors?
According to the Metals & Mining industry distribution chart, Philex Mining ranks #459 out of 730 companies for Gross Margin %. This places Philex Mining in the lower half of its industry. The industry median Gross Margin % is 26.18. Historically, Philex Mining's own Gross Margin % has ranged from 2.17 to 36.28 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 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. 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 Philex Mining 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. Philex Mining's current Gross Margin % is -25.62%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Philex Mining stock overvalued right now?
Based on GuruFocus' analysis, Philex Mining (PHS:PX) is currently considered Significantly Overvalued. The stock's GF Value™ is ₱3.24, compared to a current price of ₱7.90 — trading 143.8% above its estimated fair value. The current Gross Margin % is -25.62%. Philex Mining's overall GF Score™ is 65/100 with 8 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 Philex Mining (PHS:PX), the current Gross Margin % is -25.62% 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 Philex Mining (PHS:PX) Overvalued in 2026?
Based on GuruFocus' analysis, Philex Mining stock appears to be overvalued.
The current stock price of ₱7.90 is trading 143.8% above its estimated GF Value™ of ₱3.24.
GuruFocus considers Philex Mining to be Significantly Overvalued.
Key valuation signals for PHS:PX:
Gross Margin %: -25.62%
GF Value™: ₱3.24 vs. price of ₱7.90 (143.8% above fair value)
No single metric tells the full story. See the PHS:PX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Philex Mining Corporation is engaged in large-scale exploration, development, and utilization of mineral resources. The company mainly operates the Padcal Mine, an underground block cave operation in the Far East, producing copper, gold, and silver concentrates. The other projects in its portfolio are the Silangan Copper and Gold Project, situated in Surigao del Norte, Northeastern Mindanao; the Sibutad Project, in Zamboanga del Norte; and the Bulawan project, in Sipalay City, Philippines. Philex Mining generates maximum revenue from the sale of copper, followed by the sale of gold and silver concentrates. The company operates in two reportable business segments: the mining and metals segment, which generates the maximum revenue, and the energy and hydrocarbon segment.
65GF Score
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