Ecora Royalties (STU:HGR) Gross Margin %: 68.53% (As of Dec. 2025) — 20% Below Median


STU:HGR Ecora Royalties PLC STU:HGR
55 GF Score
Price €1.59
GF Value €0.74
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Ecora Royalties Gross Margin %?

Ecora Royalties STU:HGR +1.66% 55 Gross Margin % is 68.53% as of Dec. 2025, which is 20% below its 10-year median of 85.61. GuruFocus rates STU:HGR with a GF Score™ of 55/100 and a GF Value™ of €0.74 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 729 Metals & Mining companies, Ecora Royalties ranks better than 89.44% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Ecora Royalties's Gross Profit for the six months ended in Dec. 2025 was €23.45 Mil. Ecora Royalties's Revenue for the six months ended in Dec. 2025 was €34.21 Mil. Therefore, Ecora Royalties's Gross Margin % for the quarter that ended in Dec. 2025 was 68.53%.

Warning Sign:

Ecora Royalties PLC gross margin has been in long-term decline. The average rate of decline per year is -2.6%.


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

STU:HGR' s Gross Margin % Range Over the Past 10 Years
Min: 67.15   Med: 85.61   Max: 93.55
Current: 67.16


During the past 13 years, the highest Gross Margin % of Ecora Royalties was 93.55%. The lowest was 67.15%. And the median was 85.61%.

STU:HGR's Gross Margin % is ranked better than
89.44% of 729 companies
in the Metals & Mining industry
Industry Median: 26.15 vs STU:HGR: 67.16

Ecora Royalties had a gross margin of 68.53% for the quarter that ended in Dec. 2025 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Ecora Royalties was -2.60% per year.


Ecora Royalties  (STU:HGR) 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

Ecora Royalties had a gross margin of 68.53% 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.


Ecora Royalties Gross Margin % Related Terms


Ecora Royalties Gross Margin % Historical Data

* Premium members only.

The historical data trend for Ecora Royalties'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.

Ecora Royalties Gross Margin % Chart

Ecora Royalties 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 77.85 90.40 85.78 84.70 67.14

Ecora Royalties 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 82.18 93.05 44.01 63.63 68.53

Ecora Royalties Gross Margin % Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Ecora Royalties'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.


Ecora Royalties Gross Margin % vs Metals & Mining Industry

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

* The bar in red indicates where Ecora Royalties's Gross Margin % falls into.


STU:HGR
55GF Score
Ecora Royalties PLC STU:HGR
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Ecora Royalties Gross Margin % Calculation

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

Ecora Royalties'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 )
=32.1 / 47.739
=(Revenue - Cost of Goods Sold) / Revenue
=(47.739 - 15.685) / 47.739
=67.14 %

Ecora Royalties'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 )
=23.4 / 34.213
=(Revenue - Cost of Goods Sold) / Revenue
=(34.213 - 10.766) / 34.213
=68.53 %

* 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 68.53% mean?
Ecora Royalties (STU:HGR) has a Gross Margin % of 68.53% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Ecora Royalties and its competitors. This is 20% below median its historical median of 85.61. Over the past decade, Ecora Royalties' Gross Margin % has ranged from 67.15 to 93.55. According to the industry distribution chart, Ecora Royalties ranks #77 out of 729 companies in the Metals & Mining industry, placing it in the top 10.6%.
Is Ecora Royalties' Gross Margin % too high?
Ecora Royalties' current Gross Margin % of 68.53% is 20% below median its 10-year median of 85.61. Over the past 10 years, this metric has ranged from a low of 67.15 to a high of 93.55. The Metals & Mining industry median Gross Margin % is 26.15. Ecora Royalties' value of 68.53% is 162.1% above this industry median. Based on the distribution chart, Ecora Royalties ranks #77 out of 729 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Ecora Royalties has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ecora Royalties' Gross Margin % compare to competitors?
According to the Metals & Mining industry distribution chart, Ecora Royalties ranks #77 out of 729 companies for Gross Margin %. This places Ecora Royalties in the top 11% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 26.15. Ecora Royalties' value of 68.53% is 162.1% above this benchmark. Historically, Ecora Royalties' own Gross Margin % has ranged from 67.15 to 93.55 over the past decade. While the company's 10-year median is 85.61 vs. the industry median of 26.15, Ecora Royalties 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 26.15, based on 729 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. Ecora Royalties's current Gross Margin % of 68.53% is 162.1% 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 Ecora Royalties and its competitors. For the Metals & Mining industry, the median Gross Margin % is 26.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ecora Royalties's current Gross Margin % is 68.53%, which is 20% below median its own 10-year median of 85.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ecora Royalties stock overvalued right now?
Based on GuruFocus' analysis, Ecora Royalties (STU:HGR) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.74, compared to a current price of €1.59 — trading 114.6% above its estimated fair value. The current Gross Margin % is 68.53%, which is 20% below median its 10-year median of 85.61 and 162.1% above the Metals & Mining industry median of 26.15. Ecora Royalties' overall GF Score™ is 55/100 with 9 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 Ecora Royalties (STU:HGR), the current Gross Margin % is 68.53% 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 Ecora Royalties (STU:HGR) Overvalued in 2026?

Based on GuruFocus' analysis, Ecora Royalties stock appears to be overvalued. The current stock price of €1.59 is trading 114.6% above its estimated GF Value™ of €0.74. GuruFocus considers Ecora Royalties to be Significantly Overvalued.

Key valuation signals for STU:HGR:

  • Gross Margin %: 68.53% (20% below median its 10-year median of 85.61)
  • GF Value™: €0.74 vs. price of €1.59 (114.6% above fair value)
  • GF Score™: 55/100 with 9 warning signs
  • Industry Position: 162.1% above the Metals & Mining median (#77 of 729)

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


Ecora Royalties Business Description

Address Kent House, 14 - 17 Market Place, 3rd Floor North, London, GBR, W1W 8AJ
Ecora Royalties PLC is a critical minerals focused royalty company with a portfolio of royalties and streams that generate cash flow. Its portfolio includes copper and other commodities related to electrification trends. Some of its assets include Voisey's Bay; Mantos Blancos; Maracas Menchen and others. The company's segments include Cobalt, Royalty, Copper Royalties, Nickel Royalties, Steelmaking Royalties, Uranium Royalties, and Others. The majority of revenue is derived from the Steelmaking Royalties segment. Geographically, the maximum revenue is generated from the Americas royalties.
55GF Score

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

€1.59
Price
€0.74
GF Value