TORXF (Torex Gold Resources) Net Margin %: 38.48% (As of Mar. 2026) — 197% Above Median


TORXF Torex Gold Resources Inc TORXF
91 GF Score
Price $39.61
GF Value $33.25
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Torex Gold Resources Net Margin %?

Torex Gold Resources TORXF -1.50% 91 Net Margin % is 38.48% as of Mar. 2026, which is 197% above its 10-year median of 12.94. GuruFocus rates TORXF with a GF Score™ of 91/100 and a GF Value™ of $33.25 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 842 Metals & Mining companies, Torex Gold Resources ranks better than 88.24% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Torex Gold Resources's Net Income for the three months ended in Mar. 2026 was $208 Mil. Torex Gold Resources's Revenue for the three months ended in Mar. 2026 was $539 Mil. Therefore, Torex Gold Resources's net margin for the quarter that ended in Mar. 2026 was 38.48%.

The historical rank and industry rank for Torex Gold Resources's Net Margin % or its related term are showing as below:

TORXF' s Net Margin % Range Over the Past 10 Years
Min: -4   Med: 12.94   Max: 34.14
Current: 34.14


TORXF's Net Margin % is ranked better than
88.24% of 842 companies
in the Metals & Mining industry
Industry Median: 3.415 vs TORXF: 34.14

Torex Gold Resources  (OTCPK:TORXF) 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.


Torex Gold Resources Net Margin % Related Terms


Torex Gold Resources Net Margin % Historical Data

* Premium members only.

The historical data trend for Torex Gold 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.

Torex Gold Resources Net Margin % Chart

Torex Gold Resources Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.73 21.74 23.16 12.07 30.90

Torex Gold Resources Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 22.94 32.77 27.47 35.85 38.48

TORXF vs NEM, AU: Net Margin % Comparison

For the Gold subindustry, Torex Gold 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.


Torex Gold Resources Net Margin % vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Torex Gold Resources's Net Margin % distribution charts can be found below:

* The bar in red indicates where Torex Gold Resources's Net Margin % falls into.


TORXF
91GF Score
Torex Gold Resources Inc TORXF
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Torex Gold Resources Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Torex Gold Resources's Net Margin for the fiscal year that ended in Dec. 2025 is calculated as

Net Margin=Net Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=403.4/1305.6
=30.90 %

Torex Gold Resources's Net Margin for the quarter that ended in Mar. 2026 is calculated as

Net Margin=Net Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=207.5/539.3
=38.48 %

* 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.

Frequently Asked Questions Learn more about Net Margin % →
What does a Net Margin % of 38.48% mean?
Torex Gold Resources (TORXF) has a Net Margin % of 38.48% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Torex Gold Resources and its competitors. This is 197% above median its historical median of 12.94. According to the industry distribution chart, Torex Gold Resources ranks #99 out of 842 companies in the Metals & Mining industry, placing it in the top 11.8%.
Is Torex Gold Resources' Net Margin % too high?
Torex Gold Resources' current Net Margin % of 38.48% is 197% above median its 10-year median of 12.94. The Metals & Mining industry median Net Margin % is 3.42. Torex Gold Resources' value of 38.48% is 1026.8% above this industry median. Based on the distribution chart, Torex Gold Resources ranks #99 out of 842 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Torex Gold Resources has a GF Score™ of 91/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Torex Gold Resources' Net Margin % compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Torex Gold Resources ranks #99 out of 842 companies for Net Margin %. This places Torex Gold Resources in the top 12% of its industry — outperforming the majority of peers. The industry median Net Margin % is 3.42. Torex Gold Resources' value of 38.48% is 1026.8% above this benchmark. While the company's 10-year median is 12.94 vs. the industry median of 3.42, Torex Gold 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 3.42, based on 842 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. Torex Gold Resources's current Net Margin % of 38.48% is 1026.8% 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 Torex Gold Resources and its competitors. For the Metals & Mining industry, the median Net Margin % is 3.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Torex Gold Resources's current Net Margin % is 38.48%, which is 197% above median its own 10-year median of 12.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Torex Gold Resources stock overvalued right now?
Based on GuruFocus' analysis, Torex Gold Resources (TORXF) is currently considered Modestly Overvalued. The stock's GF Value™ is $33.25, compared to a current price of $39.61 — trading 19.1% above its estimated fair value. The current Net Margin % is 38.48%, which is 197% above median its 10-year median of 12.94 and 1026.8% above the Metals & Mining industry median of 3.42. Torex Gold Resources' overall GF Score™ is 91/100 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 Torex Gold Resources (TORXF), the current Net Margin % is 38.48% 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 Torex Gold Resources (TORXF) Overvalued in 2026?

Based on GuruFocus' analysis, Torex Gold Resources stock appears to be overvalued. The current stock price of $39.61 is trading 19.1% above its estimated GF Value™ of $33.25. GuruFocus considers Torex Gold Resources to be Modestly Overvalued.

Key valuation signals for TORXF:

  • Net Margin %: 38.48% (197% above median its 10-year median of 12.94)
  • GF Value™: $33.25 vs. price of $39.61 (19.1% above fair value)
  • GF Score™: 91/100 with 2 warning signs
  • Industry Position: 1026.8% above the Metals & Mining median (#99 of 842)

No single metric tells the full story. See the TORXF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Torex Gold Resources Business Description

Address 130 King Street West, Suite 740, Exchange Tower, Toronto, ON, CAN, M5X 2A2
Torex Gold Resources Inc is a Canadian mining company engaged in the exploration, development, and production of gold, copper, and silver from its flagship Morelos Complex in Guerrero, Mexico. It also owns the Los Reyes gold-silver project in Sinaloa, Mexico, and has acquired a portfolio of early-stage exploration properties, including the Batopilas and Guigui projects in Chihuahua, Mexico, and the Gryphon and Medicine Springs projects in Nevada, USA. The majority of the company's revenue is generated from the sale of gold, followed by silver and copper.
91GF Score

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Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$39.61
Price
$33.25
GF Value