Mineral Resources (ASX:MIN) Moat Score: 5/10 (As of Jun. 27, 2026)


ASX:MIN Mineral Resources Ltd ASX:MIN
83 GF Score
Price A$63.14
GF Value A$72.35
Valuation Modestly Undervalued
! 10 Warning Signs
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What is Mineral Resources Moat Score?

Mineral Resources ASX:MIN -1.56% 83 Moat Score is 5 as of Jun. 27, 2026. GuruFocus rates ASX:MIN with a GF Score™ of 83/100 and a GF Value™ of A$72.35 (Modestly Undervalued). The stock has 10 warning signs investors should review. Among 2,615 Metals & Mining companies, Mineral Resources ranks better than 98.74% on this metric.

Mineral Resources has the Moat Score of 5, which implies that the company might have Narrow Moat - Solid narrow moat.

Mineral Resources has Narrow Moat: Mineral Resources Ltd has a solid narrow moat due to its strong market position in mining services and commodities. It benefits from economies of scale and some customer switching costs. However, it lacks significant network effects and strong brand strength, limiting its moat to a narrow category.

Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more.

The company's Moat Score is based on these criteria:

1. Market leadership and sustainable market share
2. Network effects and significant customer switching costs
3. Valuable intellectual property and patents
4. Strong brand strength and deep customer loyalty
5. Durable cost advantages (e.g., economies of scale, proprietary technology)
6. Significant regulatory barriers and exclusive licenses
7. Superior distribution network
8. Strong and sustainable pricing power
9. Consistent and impactful innovation and R&D capabilities

Based on the research, GuruFocus believes Mineral Resources might have Narrow Moat - Solid narrow moat.

Mineral Resources  (ASX:MIN) Moat Score Explanation

The Moat Score ranges from 0 to 10, with 10 as the highest. GuruFocus divided Moat Score into following 8 categories:

Moat Score Moat Level
10Wide Moat - Exceptionally dominant and durable wide moat
8 - 9Wide Moat - Clear and robust wide moat
7Wide Moat - Entry-level wide moat, clearly possessing durable advantages
6Narrow Moat - Strong narrow moat, clearly distinguishable but not wide
5Narrow Moat - Solid narrow moat
4Narrow Moat - Discernible but modest moat
1 - 3No Moat - Very weak/transient advantages
0No Moat - No discernible moat

Mineral Resources Moat Score Related Terms

Mineral Resources Moat Score Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Mineral Resources's Moat Score, along with its competitors' market caps and Moat Score 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.

Mineral Resources Moat Score vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Mineral Resources's Moat Score distribution charts can be found below:

* The bar in red indicates where Mineral Resources's Moat Score falls into.


ASX:MIN
83GF Score
Mineral Resources Ltd ASX:MIN
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about Moat Score →
What does a Moat Score of 5 mean?
Mineral Resources (ASX:MIN) has a Moat Score of 5 as of Jun. 27, 2026. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. According to the industry distribution chart, Mineral Resources ranks #33 out of 2615 companies in the Metals & Mining industry, placing it in the top 1.3%.
Is Mineral Resources' Moat Score too high?
Mineral Resources' current Moat Score is 5. The Metals & Mining industry median Moat Score is 1.00. Mineral Resources' value of 5 is 400% above this industry median. Based on the distribution chart, Mineral Resources ranks #33 out of 2615 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Mineral Resources has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mineral Resources' Moat Score compare to competitors?
According to the Metals & Mining industry distribution chart, Mineral Resources ranks #33 out of 2615 companies for Moat Score. This places Mineral Resources in the top 1% of its industry — outperforming the majority of peers. The industry median Moat Score is 1.00. Mineral Resources' value of 5 is 400% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Moat Score for a Metals & Mining company?
The median Moat Score among Metals & Mining companies is 1.00, based on 2,615 companies in the industry. Companies in the top quartile (top 25%) have a Moat Score significantly above this median, while those in the bottom quartile fall well below. However, Moat Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mineral Resources's current Moat Score of 5 is 400% 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 Moat Score mean?
A high Moat Score can signal that a stock is expensive relative to its fundamentals. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. For the Metals & Mining industry, the median Moat Score is 1.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mineral Resources's current Moat Score is 5. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mineral Resources stock overvalued right now?
Based on GuruFocus' analysis, Mineral Resources (ASX:MIN) is currently considered Modestly Undervalued. The stock's GF Value™ is A$72.35, compared to a current price of A$63.14 — trading 12.7% below its estimated fair value. The current Moat Score is 5 and 400% above the Metals & Mining industry median of 1.00. Mineral Resources' overall GF Score™ is 83/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Moat Score calculated?
Moat Score is calculated from a company's financial statements. For Mineral Resources (ASX:MIN), the current Moat Score is 5 as of Jun. 27, 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 Mineral Resources (ASX:MIN) Overvalued in 2026?

Based on GuruFocus' analysis, Mineral Resources stock appears to be undervalued. The current stock price of A$63.14 is trading 12.7% below its estimated GF Value™ of A$72.35. GuruFocus considers Mineral Resources to be Modestly Undervalued.

Key valuation signals for ASX:MIN:

  • Moat Score: 5
  • GF Value™: A$72.35 vs. price of A$63.14 (12.7% below fair value)
  • GF Score™: 83/100 with 10 warning signs
  • Industry Position: 400% above the Metals & Mining median (#33 of 2615)

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

Mineral Resources Business Description

Address 20 Walters Drive, Osborne Park, Perth, WA, AUS, 6017
Mineral Resources listed on the ASX in 2006 following the merger of three mining services businesses. The subsidiary companies were previously owned by managing director Chris Ellison, who remains a large shareholder despite selling down. Operations include iron ore and lithium mining, iron ore crushing and screening services for third parties, and engineering and construction for mining companies. Mining and contracting activity is focused in Western Australia.
83GF Score

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A$63.14
Price
A$72.35
GF Value