Capstone CopperTSX:CS -6.11%90 Gross Margin % is 36.13% as of Mar. 2026, which is 108% above its 10-year median of 17.34. GuruFocus rates TSX:CS with a GF Score™ of 90/100 and a GF Value™ of C$13.13 (Fairly Valued). The stock has 8 warning signs investors should review. Among 730 Metals & Mining companies, Capstone Copper ranks better than 52.47% on this metric.
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
Capstone Copper had a gross margin of 36.13% for the quarter that ended in Mar. 2026 => 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.
Capstone Copper Gross Margin % Related Terms
Capstone Copper Gross Margin % Historical Data
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The historical data trend for Capstone Copper'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 Copper subindustry, Capstone Copper'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.
Capstone Copper Gross Margin % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Capstone Copper's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Capstone Copper'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.
Capstone Copper (TSX:CS) has a Gross Margin % of 36.13% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Capstone Copper and its competitors. This is 108% above median its historical median of 17.34. Over the past decade, Capstone Copper's Gross Margin % has ranged from 6.17 to 45.35. According to the industry distribution chart, Capstone Copper ranks #347 out of 730 companies in the Metals & Mining industry, placing it in the top 47.5%.
Is Capstone Copper's Gross Margin % too high?
Capstone Copper's current Gross Margin % of 36.13% is 108% above median its 10-year median of 17.34. Over the past 10 years, this metric has ranged from a low of 6.17 to a high of 45.35. The Metals & Mining industry median Gross Margin % is 26.18. Capstone Copper's value of 36.13% is 38% above this industry median. Based on the distribution chart, Capstone Copper ranks #347 out of 730 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Capstone Copper has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Capstone Copper's Gross Margin % compare to SCCO and FCX?
According to the Metals & Mining industry distribution chart, Capstone Copper ranks #347 out of 730 companies for Gross Margin %. This puts Capstone Copper in the upper half of its industry. The industry median Gross Margin % is 26.18. Capstone Copper's value of 36.13% is 38% above this benchmark. Historically, Capstone Copper's own Gross Margin % has ranged from 6.17 to 45.35 over the past decade. While the company's 10-year median is 17.34 vs. the industry median of 26.18, Capstone Copper 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. Capstone Copper's current Gross Margin % of 36.13% is 38% 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 Capstone Copper 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. Capstone Copper's current Gross Margin % is 36.13%, which is 108% above median its own 10-year median of 17.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Capstone Copper stock overvalued right now?
Based on GuruFocus' analysis, Capstone Copper (TSX:CS) is currently considered Fairly Valued. The stock's GF Value™ is C$13.13, compared to a current price of C$12.91 — trading 1.7% below its estimated fair value. The current Gross Margin % is 36.13%, which is 108% above median its 10-year median of 17.34 and 38% above the Metals & Mining industry median of 26.18. Capstone Copper's overall GF Score™ is 90/100 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 Capstone Copper (TSX:CS), the current Gross Margin % is 36.13% 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 Capstone Copper (TSX:CS) Overvalued in 2026?
Based on GuruFocus' analysis, Capstone Copper stock appears to be undervalued.
The current stock price of C$12.91 is trading 1.7% below its estimated GF Value™ of C$13.13.
GuruFocus considers Capstone Copper to be Fairly Valued.
Key valuation signals for TSX:CS:
Gross Margin %: 36.13% (108% above median its 10-year median of 17.34)
GF Value™: C$13.13 vs. price of C$12.91 (1.7% below fair value)
Industry Position: 38% above the Metals & Mining median (#347 of 730)
No single metric tells the full story. See the TSX:CS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Capstone Copper Corp is a company that mines, explores, and develops mineral properties in the Americas. Specifically, the group has operating mines in the United states, Mexico, and Canada, and development projects in Chile and Canada. The company's main focus is copper, but the company also produces zinc, lead, molybdenum, silver, and gold. The company has six reportable segments which are Pinto Valley (united states), Mantos Blancos (Chile), Mantoverde (Chile), Cozamin (Mexico), as well as the Santo Domingo development project (Chile), and Other.
90GF Score
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