Sandfire ResourcesASX:SFR -1.30%86 Net Margin % is 14.55% as of Dec. 2025, which is 30% above its 10-year median of 11.17. GuruFocus rates ASX:SFR with a GF Score™ of 86/100 and a GF Value™ of A$14.50 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 843 Metals & Mining companies, Sandfire Resources ranks better than 67.5% on this metric.
The historical rank and industry rank for Sandfire Resources's Net Margin % or its related term are showing as below:
ASX:SFR'
s Net Margin % Range Over the Past 10 Years
Min: -6.59 Med: 11.17 Max: 22.34
Current: 10.84
ASX:SFR's Net Margin % is ranked better than 67.5% of 843
companies
in the Metals & Mining industry
Industry Median: 3.41
vs ASX:SFR: 10.84
Sandfire Resources (ASX:SFR) 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.
Sandfire Resources Net Margin % Related Terms
Sandfire Resources Net Margin % Historical Data
* Premium members only.
The historical data trend for Sandfire Resources'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 Copper subindustry, Sandfire Resources'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.
Sandfire Resources Net Margin % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Sandfire Resources's Net Margin % distribution charts can be found below:
* The bar in red indicates where Sandfire Resources'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.
Sandfire Resources (ASX:SFR) has a Net Margin % of 14.55% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on Sandfire Resources and its competitors. This is 30% above median its historical median of 11.17. According to the industry distribution chart, Sandfire Resources ranks #274 out of 843 companies in the Metals & Mining industry, placing it in the top 32.5%.
Is Sandfire Resources' Net Margin % too high?
Sandfire Resources' current Net Margin % of 14.55% is 30% above median its 10-year median of 11.17. The Metals & Mining industry median Net Margin % is 3.41. Sandfire Resources' value of 14.55% is 326.7% above this industry median. Based on the distribution chart, Sandfire Resources ranks #274 out of 843 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Sandfire Resources has a GF Score™ of 86/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sandfire Resources' Net Margin % compare to SCCO and FCX?
According to the Metals & Mining industry distribution chart, Sandfire Resources ranks #274 out of 843 companies for Net Margin %. This puts Sandfire Resources in the upper half of its industry. The industry median Net Margin % is 3.41. Sandfire Resources' value of 14.55% is 326.7% above this benchmark. While the company's 10-year median is 11.17 vs. the industry median of 3.41, Sandfire Resources 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 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. Sandfire Resources's current Net Margin % of 14.55% is 326.7% 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 Sandfire Resources 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. Sandfire Resources's current Net Margin % is 14.55%, which is 30% above median its own 10-year median of 11.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sandfire Resources stock overvalued right now?
Based on GuruFocus' analysis, Sandfire Resources (ASX:SFR) is currently considered Significantly Overvalued. The stock's GF Value™ is A$14.50, compared to a current price of A$19.67 — trading 35.7% above its estimated fair value. The current Net Margin % is 14.55%, which is 30% above median its 10-year median of 11.17 and 326.7% above the Metals & Mining industry median of 3.41. Sandfire Resources' overall GF Score™ is 86/100 with 6 warning signs 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 Sandfire Resources (ASX:SFR), the current Net Margin % is 14.55% 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 Sandfire Resources (ASX:SFR) Overvalued in 2026?
Based on GuruFocus' analysis, Sandfire Resources stock appears to be overvalued.
The current stock price of A$19.67 is trading 35.7% above its estimated GF Value™ of A$14.50.
GuruFocus considers Sandfire Resources to be Significantly Overvalued.
Key valuation signals for ASX:SFR:
Net Margin %: 14.55% (30% above median its 10-year median of 11.17)
GF Value™: A$14.50 vs. price of A$19.67 (35.7% above fair value)
Industry Position: 326.7% above the Metals & Mining median (#274 of 843)
No single metric tells the full story. See the ASX:SFR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sandfire Resources Ltd is a copper-focused mineral exploration and development company. The company's operating segments include DeGrussa Copper operations, MATSA Copper Operations, Black Butte Copper Project, Motheo Copper Operations, and Exploration and Other. It derives key revenue from the MATSA Copper Operations segment, which consists of the Minas de Aguas Tenidas (MATSA) polymetallic mining complex in Spain and exploration and evaluation activities in Spain and Portugal. The operations comprise three underground mines and a central processing facility. The mines generate revenue from the sale of copper, zinc, and lead concentrates containing a silver by-product. Geographically, the company generates maximum revenue from Spain, followed by China, Sweden, Malaysia, and other regions.
86GF Score
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