Net margin is calculated as Net Income divided by its Revenue. Focus Minerals's Net Income for the
six
months ended in Dec. 2025 was A$51.1 Mil. Focus Minerals's Revenue for the
six
months ended in Dec. 2025 was A$223.5 Mil. Therefore, Focus Minerals's net margin for the quarter that ended in Dec. 2025 was 22.84%.
The historical rank and industry rank for Focus Minerals's Net Margin % or its related term are showing as below:
ASX:FML'
s Net Margin % Range Over the Past 10 Years
Min: -25.01 Med: -2.93 Max: 90.44
Current: 90.44
ASX:FML's Net Margin % is ranked better than 96.56% of 843
companies
in the Metals & Mining industry
Industry Median: 3.41
vs ASX:FML: 90.44
Focus Minerals (ASX:FML) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Focus Minerals Net Margin % Related Terms
Focus Minerals Net Margin % Historical Data
* Premium members only.
The historical data trend for Focus Minerals's Net 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 Gold subindustry, Focus Minerals's Net Margin %, along with its competitors' market caps and Net 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.
Focus Minerals Net Margin % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Focus Minerals's Net Margin % distribution charts can be found below:
* The bar in red indicates where Focus Minerals's Net 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.
Focus Minerals (ASX:FML) has a Net Margin % of 22.84% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on Focus Minerals and its competitors. According to the industry distribution chart, Focus Minerals ranks #29 out of 843 companies in the Metals & Mining industry, placing it in the top 3.4%.
Is Focus Minerals' Net Margin % too high?
Focus Minerals' current Net Margin % is 22.84%. The Metals & Mining industry median Net Margin % is 3.41. Focus Minerals' value of 22.84% is 569.8% above this industry median. Based on the distribution chart, Focus Minerals ranks #29 out of 843 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Focus Minerals has a GF Score™ of 59/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Focus Minerals' Net Margin % compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Focus Minerals ranks #29 out of 843 companies for Net Margin %. This places Focus Minerals in the top 3% of its industry — outperforming the majority of peers. The industry median Net Margin % is 3.41. Focus Minerals' value of 22.84% is 569.8% 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 Net Margin % for a Metals & Mining company?
The median Net Margin % among Metals & Mining companies is 3.41, based on 843 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Focus Minerals's current Net Margin % of 22.84% is 569.8% 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Focus Minerals and its competitors. For the Metals & Mining industry, the median Net Margin % is 3.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Focus Minerals's current Net Margin % is 22.84%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Focus Minerals stock overvalued right now?
Based on GuruFocus' analysis, Focus Minerals (ASX:FML) is currently considered Fairly Valued. The stock's GF Value™ is A$1.80, compared to a current price of A$1.65 — trading 8.3% below its estimated fair value. The current Net Margin % is 22.84% and 569.8% above the Metals & Mining industry median of 3.41. Focus Minerals' overall GF Score™ is 59/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Focus Minerals (ASX:FML), the current Net Margin % is 22.84% 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 Focus Minerals (ASX:FML) Overvalued in 2026?
Based on GuruFocus' analysis, Focus Minerals stock appears to be undervalued.
The current stock price of A$1.65 is trading 8.3% below its estimated GF Value™ of A$1.80.
GuruFocus considers Focus Minerals to be Fairly Valued.
Key valuation signals for ASX:FML:
Net Margin %: 22.84%
GF Value™: A$1.80 vs. price of A$1.65 (8.3% below fair value)
Industry Position: 569.8% above the Metals & Mining median (#29 of 843)
No single metric tells the full story. See the ASX:FML stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Focus Minerals Ltd is engaged in gold exploration and production in Western Australia. The company's projects include Three Mile Hill Processing plant, Varischetti Village, and Coolgardie Gold Project which generates key revenue.
59GF Score
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