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Net margin is calculated as Net Income divided by its Revenue. MGX Resources's Net Income for the
six
months ended in Dec. 2025 was $-13.8 Mil. MGX Resources's Revenue for the
six
months ended in Dec. 2025 was $94.9 Mil. Therefore, MGX Resources's net margin for the quarter that ended in Dec. 2025 was -14.60%.
The historical rank and industry rank for MGX Resources's Net Margin % or its related term are showing as below:
MTGRF'
s Net Margin % Range Over the Past 10 Years
Min: -93.55 Med: 17.37 Max: 51.49
Current: -9.64
MTGRF's Net Margin % is ranked worse than 89.69% of 611
companies
in the Steel industry
Industry Median: 1.86
vs MTGRF: -9.64
MGX Resources (OTCPK:MTGRF) 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.
MGX Resources Net Margin % Related Terms
MGX Resources Net Margin % Historical Data
* Premium members only.
The historical data trend for MGX 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 Steel subindustry, MGX 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.
MGX Resources Net Margin % vs Steel Industry
For the Steel industry and Basic Materials sector, MGX Resources's Net Margin % distribution charts can be found below:
* The bar in red indicates where MGX 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.
MGX Resources (MTGRF) has a Net Margin % of -14.60% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on MGX Resources and its competitors. According to the industry distribution chart, MGX Resources ranks #548 out of 611 companies in the Steel industry, placing it in the top 89.7%.
Is MGX Resources' Net Margin % too high?
MGX Resources' current Net Margin % is -14.60%. Based on the distribution chart, MGX Resources ranks #548 out of 611 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, MGX Resources has a GF Score™ of 50/100, reflecting its overall financial health beyond just this single metric.
How does MGX Resources' Net Margin % compare to NUE and STLD?
According to the Steel industry distribution chart, MGX Resources ranks #548 out of 611 companies for Net Margin %. This places MGX Resources in the lower half of its industry. The industry median Net Margin % is 1.86. 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 Steel company?
The median Net Margin % among Steel companies is 1.86, based on 611 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. 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 MGX Resources and its competitors. For the Steel industry, the median Net Margin % is 1.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MGX Resources's current Net Margin % is -14.60%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MGX Resources stock overvalued right now?
MGX Resources (MTGRF) has a current Net Margin % of -14.60%. The stock's GF Value™ is $0.24, compared to a current price of $0.26 — trading 7.7% above its estimated fair value. The current Net Margin % is -14.60%. MGX Resources' overall GF Score™ is 50/100 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 MGX Resources (MTGRF), the current Net Margin % is -14.60% 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 MGX Resources (MTGRF) Overvalued in 2026?
Based on GuruFocus' analysis, MGX Resources stock appears to be overvalued.
The current stock price of $0.26 is trading 7.7% above its estimated GF Value™ of $0.24.
Key valuation signals for MTGRF:
Net Margin %: -14.60%
GF Value™: $0.24 vs. price of $0.26 (7.7% above fair value)
No single metric tells the full story. See the MTGRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MGX Resources Ltd is an Australian mining company. The company's flagship production asset is the Koolan Island mine in WA's Kimberley region. The Company also holds precious and base metals exploration tenements in the Mid-West and Gascoyne regions of Western Australia. Its other projects include the Central Tanami Gold Project and the WA Exploration - Tallering Peak and Edmund Basin.
50GF Score
Get the complete analysis for MTGRF
Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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