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TRX GoldTRX -4.73%44 Net Margin % is 8.64% as of May. 2026, which is 28700% above its 10-year median of 0.03. GuruFocus rates TRX with a GF Score™ of 44/100 and a GF Value™ of $1.12 (Possible Value Trap). The stock has 1 warning sign investors should review. Among 841 Metals & Mining companies, TRX Gold ranks worse than 71.22% on this metric.
Net margin is calculated as Net Income divided by its Revenue. TRX Gold's Net Income for the
three
months ended in May. 2026 was $2.8 Mil. TRX Gold's Revenue for the
three
months ended in May. 2026 was $32.8 Mil. Therefore, TRX Gold's net margin for the quarter that ended in May. 2026 was 8.64%.
The historical rank and industry rank for TRX Gold's Net Margin % or its related term are showing as below:
TRX'
s Net Margin % Range Over the Past 10 Years
Min: -41.18 Med: 0.03 Max: 5.87
Current: -16.57
TRX's Net Margin % is ranked worse than 71.22% of 841
companies
in the Metals & Mining industry
Industry Median: 3.49
vs TRX: -16.57
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.
TRX Gold Net Margin % Related Terms
TRX Gold Net Margin % Historical Data
* Premium members only.
The historical data trend for TRX Gold'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, TRX Gold'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.
TRX Gold Net Margin % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, TRX Gold's Net Margin % distribution charts can be found below:
* The bar in red indicates where TRX Gold'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.
TRX Gold (TRX) has a Net Margin % of 8.64% as of May. 2026. Net margin is the ratio of total net income to net sales. View historical data on TRX Gold and its competitors. This is 28700% above median its historical median of 0.03. According to the industry distribution chart, TRX Gold ranks #599 out of 841 companies in the Metals & Mining industry, placing it in the top 71.2%.
Is TRX Gold's Net Margin % too high?
TRX Gold's current Net Margin % of 8.64% is 28700% above median its 10-year median of 0.03. The Metals & Mining industry median Net Margin % is 3.49. TRX Gold's value of 8.64% is 147.6% above this industry median. Based on the distribution chart, TRX Gold ranks #599 out of 841 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, TRX Gold has a GF Score™ of 44/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does TRX Gold's Net Margin % compare to NEM and AU?
According to the Metals & Mining industry distribution chart, TRX Gold ranks #599 out of 841 companies for Net Margin %. This places TRX Gold in the lower half of its industry. The industry median Net Margin % is 3.49. TRX Gold's value of 8.64% is 147.6% above this benchmark. While the company's 10-year median is 0.03 vs. the industry median of 3.49, TRX Gold 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 3.49, based on 841 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. TRX Gold's current Net Margin % of 8.64% is 147.6% 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 TRX Gold and its competitors. For the Metals & Mining industry, the median Net Margin % is 3.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TRX Gold's current Net Margin % is 8.64%, which is 28700% above median its own 10-year median of 0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TRX Gold stock overvalued right now?
Based on GuruFocus' analysis, TRX Gold (TRX) is currently considered Possible Value Trap. The stock's GF Value™ is $1.12, compared to a current price of $0.78 — trading 30.8% below its estimated fair value. The current Net Margin % is 8.64%, which is 28700% above median its 10-year median of 0.03 and 147.6% above the Metals & Mining industry median of 3.49. TRX Gold's overall GF Score™ is 44/100 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 TRX Gold (TRX), the current Net Margin % is 8.64% as of May. 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 TRX Gold (TRX) Overvalued in 2026?
Based on GuruFocus' analysis, TRX Gold stock appears to be undervalued.
The current stock price of $0.78 is trading 30.8% below its estimated GF Value™ of $1.12.
GuruFocus considers TRX Gold to be Possible Value Trap.
Key valuation signals for TRX:
Net Margin %: 8.64% (28700% above median its 10-year median of 0.03)
GF Value™: $1.12 vs. price of $0.78 (30.8% below fair value)
Industry Position: 147.6% above the Metals & Mining median (#599 of 841)
No single metric tells the full story. See the TRX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TRX Gold Corp is engaged in the exploration, development, and production of mineral property interests in the United Republic of Tanzania, focused on development and mining operations, and on exploring and evaluating its mineral properties. The business of exploring and mining for minerals involves a high degree of risk, and the underlying value of the mineral properties depends on the existence and economic recovery of mineral resources and reserves, as well as the ability to raise long-term financing to continue development. The company is focused on the Buckreef Gold Project, which comprises five prospects: Buckreef, Bingwa, Tembo, Eastern Porphyry, and Buziba, and includes three main mineralized zones: Buckreef South, Buckreef Main, and Buckreef North.
44GF Score
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