Mako MiningMAKO -5.70%74 Net Margin % is 33.75% as of Mar. 2026, which is 227% above its 10-year median of 10.31. GuruFocus rates MAKO with a GF Score™ of 74/100 and a GF Value™ of $5.33 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 843 Metals & Mining companies, Mako Mining ranks better than 81.97% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Mako Mining's Net Income for the
three
months ended in Mar. 2026 was $23.1 Mil. Mako Mining's Revenue for the
three
months ended in Mar. 2026 was $68.6 Mil. Therefore, Mako Mining's net margin for the quarter that ended in Mar. 2026 was 33.75%.
The historical rank and industry rank for Mako Mining's Net Margin % or its related term are showing as below:
MAKO'
s Net Margin % Range Over the Past 10 Years
Min: -867.45 Med: 10.31 Max: 28.07
Current: 25.6
MAKO's Net Margin % is ranked better than 81.97% of 843
companies
in the Metals & Mining industry
Industry Median: 3.41
vs MAKO: 25.60
Mako Mining (NAS:MAKO) 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.
Mako Mining Net Margin % Related Terms
Mako Mining Net Margin % Historical Data
* Premium members only.
The historical data trend for Mako Mining'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, Mako Mining'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.
Mako Mining Net Margin % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Mako Mining's Net Margin % distribution charts can be found below:
* The bar in red indicates where Mako Mining'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.
Mako Mining (MAKO) has a Net Margin % of 33.75% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Mako Mining and its competitors. This is 227% above median its historical median of 10.31. According to the industry distribution chart, Mako Mining ranks #152 out of 843 companies in the Metals & Mining industry, placing it in the top 18%.
Is Mako Mining's Net Margin % too high?
Mako Mining's current Net Margin % of 33.75% is 227% above median its 10-year median of 10.31. The Metals & Mining industry median Net Margin % is 3.41. Mako Mining's value of 33.75% is 889.7% above this industry median. Based on the distribution chart, Mako Mining ranks #152 out of 843 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Mako Mining has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mako Mining's Net Margin % compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Mako Mining ranks #152 out of 843 companies for Net Margin %. This places Mako Mining in the top 18% of its industry — outperforming the majority of peers. The industry median Net Margin % is 3.41. Mako Mining's value of 33.75% is 889.7% above this benchmark. While the company's 10-year median is 10.31 vs. the industry median of 3.41, Mako Mining 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. Mako Mining's current Net Margin % of 33.75% is 889.7% 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 Mako Mining 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. Mako Mining's current Net Margin % is 33.75%, which is 227% above median its own 10-year median of 10.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mako Mining stock overvalued right now?
Based on GuruFocus' analysis, Mako Mining (MAKO) is currently considered Significantly Overvalued. The stock's GF Value™ is $5.33, compared to a current price of $7.27 — trading 36.4% above its estimated fair value. The current Net Margin % is 33.75%, which is 227% above median its 10-year median of 10.31 and 889.7% above the Metals & Mining industry median of 3.41. Mako Mining's overall GF Score™ is 74/100 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 Mako Mining (MAKO), the current Net Margin % is 33.75% 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 Mako Mining (MAKO) Overvalued in 2026?
Based on GuruFocus' analysis, Mako Mining stock appears to be overvalued.
The current stock price of $7.27 is trading 36.4% above its estimated GF Value™ of $5.33.
GuruFocus considers Mako Mining to be Significantly Overvalued.
Key valuation signals for MAKO:
Net Margin %: 33.75% (227% above median its 10-year median of 10.31)
GF Value™: $5.33 vs. price of $7.27 (36.4% above fair value)
Industry Position: 889.7% above the Metals & Mining median (#152 of 843)
No single metric tells the full story. See the MAKO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mako Mining Corp is a gold mining, development, and exploration firm. The companies primary asset is the San Albino mine, an open-pit mine located in Nicaragua. In addition to its mining operation, the company continues to explore its other concessions in Nicaragua and Guyana.
74GF Score
Get the complete analysis for MAKO
Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MAKO has been successfully added to your 
