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Merafe Resources's gross profit for the
six
months ended in Jun. 2026 was $204.0 Mil. Merafe Resources's gross profit for the trailing twelve months (TTM) ended in Jun. 2026 was $392.9 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. Merafe Resources's gross profit for the
six
months ended in Jun. 2026 was $204.0 Mil. Merafe Resources's Revenue for the
six
months ended in Jun. 2026 was $209.5 Mil. Therefore, Merafe Resources's Gross Margin % for the quarter that ended in Jun. 2026 was 97.36%.
Merafe Resources had a gross margin of 97.36% for the quarter that ended in Jun. 2026 => Durable competitive advantage
During the past 13 years, the highestGross Margin % of Merafe Resources was 98.62%. The lowest was 91.31%. And the median was 96.17%.
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
Merafe Resources had a gross margin of 97.36% for the quarter that ended in Jun. 2026 => Durable competitive advantage
Merafe Resources Gross Profit Related Terms
Merafe Resources Gross Profit Historical Data
* Premium members only.
The historical data trend for Merafe Resources's Gross Profit 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, Merafe Resources's Gross Profit, along with its competitors' market caps and Gross Profit 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.
Merafe Resources Gross Profit vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Merafe Resources's Gross Profit distribution charts can be found below:
* The bar in red indicates where Merafe Resources's Gross Profit falls into.
Gross Profit for the trailing twelve months (TTM) ended in Jun. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was $392.9 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* 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.
Merafe Resources (MERFF) has a Gross Profit of $392.9 Mil as of Jun. 2026. Gross Profit equals net sales less total cost of goods sold. View historical data on Merafe Resources and its competitors.
Is Merafe Resources' Gross Profit too high?
Merafe Resources' current Gross Profit is $392.9 Mil. Overall, Merafe Resources has a GF Score™ of 86/100, reflecting its overall financial health beyond just this single metric.
How does Merafe Resources' Gross Profit compare to competitors?
Merafe Resources' Gross Profit of $392.9 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Profit for a Metals & Mining company?
A good Gross Profit depends on the Metals & Mining industry context. However, Gross Profit 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 Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on Merafe Resources and its competitors. Merafe Resources's current Gross Profit is $392.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Merafe Resources stock overvalued right now?
Merafe Resources (MERFF) has a current Gross Profit of $392.9 Mil. The stock's GF Value™ is $0.16, compared to a current price of $0.22 — trading 36.1% above its estimated fair value. The current Gross Profit is $392.9 Mil. Merafe Resources' overall GF Score™ is 86/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For Merafe Resources (MERFF), the current Gross Profit is $392.9 Mil as of Jun. 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 Merafe Resources (MERFF) Overvalued in 2026?
Based on GuruFocus' analysis, Merafe Resources stock appears to be overvalued.
The current stock price of $0.22 is trading 36.1% above its estimated GF Value™ of $0.16.
Key valuation signals for MERFF:
Gross Profit: $392.9 Mil
GF Value™: $0.16 vs. price of $0.22 (36.1% above fair value)
No single metric tells the full story. See the MERFF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Merafe Resources Ltd through its wholly-owned subsidiary, Merafe Ferrochrome and Mining Proprietary Limited, participates in chrome mining and the beneficiation of chrome ore into ferrochrome. The Glencore-Merafe Chrome Venture (Venture) operates five ferrochrome smelters, twenty-two ferrochrome furnaces, and nine mines, situated in the North-West, Limpopo, and Mpumalanga provinces of South Africa. The company has operating mines namel Marikana West; and Kroondal Gemini. The Group has one reportable segment being the mining and beneficiation of chrome ore into ferrochrome and associated minerals. Geographically, it has its presence in Africa, Americas, Asia, China, Indonesia, Other Asia, and Europe.
86GF Score
Get the complete analysis for MERFF
Gross Profit is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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