CamecoMEX:CCJN 54 Net Margin % is 15.47% as of Mar. 2026, which is 253% above its 10-year median of 4.38. GuruFocus rates MEX:CCJN with a GF Score™ of 54/100 and a GF Value™ of MXN1,144.59 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 130 Other Energy Sources companies, Cameco ranks better than 88.46% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Cameco's Net Income for the
three
months ended in Mar. 2026 was MXN1,719 Mil. Cameco's Revenue for the
three
months ended in Mar. 2026 was MXN11,111 Mil. Therefore, Cameco's net margin for the quarter that ended in Mar. 2026 was 15.47%.
The historical rank and industry rank for Cameco's Net Margin % or its related term are showing as below:
MEX:CCJN'
s Net Margin % Range Over the Past 10 Years
Min: -9.5 Med: 4.38 Max: 18.39
Current: 18.39
MEX:CCJN's Net Margin % is ranked better than 88.46% of 130
companies
in the Other Energy Sources industry
Industry Median: 2.835
vs MEX:CCJN: 18.39
Cameco (MEX:CCJN) 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.
Cameco Net Margin % Related Terms
Cameco Net Margin % Historical Data
* Premium members only.
The historical data trend for Cameco'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 Uranium subindustry, Cameco'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.
Cameco Net Margin % vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, Cameco's Net Margin % distribution charts can be found below:
* The bar in red indicates where Cameco'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.
Cameco (MEX:CCJN) has a Net Margin % of 15.47% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Cameco and its competitors. This is 253% above median its historical median of 4.38. According to the industry distribution chart, Cameco ranks #15 out of 130 companies in the Other Energy Sources industry, placing it in the top 11.5%.
Is Cameco's Net Margin % too high?
Cameco's current Net Margin % of 15.47% is 253% above median its 10-year median of 4.38. The Other Energy Sources industry median Net Margin % is 2.84. Cameco's value of 15.47% is 445.7% above this industry median. Based on the distribution chart, Cameco ranks #15 out of 130 companies in the Other Energy Sources industry, which is in the top quartile — a strong position relative to peers. Overall, Cameco has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cameco's Net Margin % compare to UEC and LEU?
According to the Other Energy Sources industry distribution chart, Cameco ranks #15 out of 130 companies for Net Margin %. This places Cameco in the top 12% of its industry — outperforming the majority of peers. The industry median Net Margin % is 2.84. Cameco's value of 15.47% is 445.7% above this benchmark. While the company's 10-year median is 4.38 vs. the industry median of 2.84, Cameco 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 an Other Energy Sources company?
The median Net Margin % among Other Energy Sources companies is 2.84, based on 130 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. Cameco's current Net Margin % of 15.47% is 445.7% 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 Cameco and its competitors. For the Other Energy Sources industry, the median Net Margin % is 2.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cameco's current Net Margin % is 15.47%, which is 253% above median its own 10-year median of 4.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cameco stock overvalued right now?
Based on GuruFocus' analysis, Cameco (MEX:CCJN) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN1,144.59, compared to a current price of MXN1,900.00 — trading 66% above its estimated fair value. The current Net Margin % is 15.47%, which is 253% above median its 10-year median of 4.38 and 445.7% above the Other Energy Sources industry median of 2.84. Cameco's overall GF Score™ is 54/100 with 2 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 Cameco (MEX:CCJN), the current Net Margin % is 15.47% 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 Cameco (MEX:CCJN) Overvalued in 2026?
Based on GuruFocus' analysis, Cameco stock appears to be overvalued.
The current stock price of MXN1,900.00 is trading 66% above its estimated GF Value™ of MXN1,144.59.
GuruFocus considers Cameco to be Significantly Overvalued.
Key valuation signals for MEX:CCJN:
Net Margin %: 15.47% (253% above median its 10-year median of 4.38)
GF Value™: MXN1,144.59 vs. price of MXN1,900.00 (66% above fair value)
Industry Position: 445.7% above the Other Energy Sources median (#15 of 130)
No single metric tells the full story. See the MEX:CCJN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cameco Corp is a provider of uranium needed to generate clean, reliable baseload electricity around the globe and is one of those uranium producers. It has three reportable segments: Uranium, Fuel Services, and Westinghouse, deriving maximum revenue from the Westinghouse segment. The Uranium segment involves the exploration for, mining, milling, purchase, and sale of uranium concentrate, while the Fuel Services segment involves the refining, conversion, and fabrication of uranium concentrate and the purchase and sale of conversion services. Westinghouse Electric Company provides products and services to nuclear reactors, including outage and maintenance services, engineering support, instrumentation and controls equipment, plant modification, and components and parts.
54GF Score
Get the complete analysis for MEX:CCJN
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
MEX:CCJN has been successfully added to your 
