Valterra PlatinumJSE:VAL -6.20%79 Operating Margin % is 29.99% as of Dec. 2025, which is 59% above its 10-year median of 18.91. GuruFocus rates JSE:VAL with a GF Score™ of 79/100 and a GF Value™ of R808.74 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 841 Metals & Mining companies, Valterra Platinum ranks better than 73.01% on this metric.
Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.
Be Aware
Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).
If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.
For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokias Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).
Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.
Valterra Platinum Operating Margin % Related Terms
Valterra Platinum Operating Margin % Historical Data
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The historical data trend for Valterra Platinum's Operating 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 Other Precious Metals & Mining subindustry, Valterra Platinum's Operating Margin %, along with its competitors' market caps and Operating 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.
Valterra Platinum Operating Margin % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Valterra Platinum's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Valterra Platinum's Operating Margin % falls into.
Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.
Valterra Platinum's Operating Margin % for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Valterra Platinum (JSE:VAL) has a Operating Margin % of 29.99% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Valterra Platinum and its competitors. This is 59% above median its historical median of 18.91. Over the past decade, Valterra Platinum's Operating Margin % has ranged from 7.75 to 48.39. According to the industry distribution chart, Valterra Platinum ranks #227 out of 841 companies in the Metals & Mining industry, placing it in the top 27%.
Is Valterra Platinum's Operating Margin % too high?
Valterra Platinum's current Operating Margin % of 29.99% is 59% above median its 10-year median of 18.91. Over the past 10 years, this metric has ranged from a low of 7.75 to a high of 48.39. The Metals & Mining industry median Operating Margin % is 5.79. Valterra Platinum's value of 29.99% is 418% above this industry median. Based on the distribution chart, Valterra Platinum ranks #227 out of 841 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Valterra Platinum has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Valterra Platinum's Operating Margin % compare to HL?
According to the Metals & Mining industry distribution chart, Valterra Platinum ranks #227 out of 841 companies for Operating Margin %. This puts Valterra Platinum in the upper half of its industry. The industry median Operating Margin % is 5.79. Valterra Platinum's value of 29.99% is 418% above this benchmark. Historically, Valterra Platinum's own Operating Margin % has ranged from 7.75 to 48.39 over the past decade. While the company's 10-year median is 18.91 vs. the industry median of 5.79, Valterra Platinum 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 Operating Margin % for a Metals & Mining company?
The median Operating Margin % among Metals & Mining companies is 5.79, based on 841 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Valterra Platinum's current Operating Margin % of 29.99% is 418% 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 Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on Valterra Platinum and its competitors. For the Metals & Mining industry, the median Operating Margin % is 5.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Valterra Platinum's current Operating Margin % is 29.99%, which is 59% above median its own 10-year median of 18.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Valterra Platinum stock overvalued right now?
Based on GuruFocus' analysis, Valterra Platinum (JSE:VAL) is currently considered Significantly Overvalued. The stock's GF Value™ is R808.74, compared to a current price of R1,083.50 — trading 34% above its estimated fair value. The current Operating Margin % is 29.99%, which is 59% above median its 10-year median of 18.91 and 418% above the Metals & Mining industry median of 5.79. Valterra Platinum's overall GF Score™ is 79/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For Valterra Platinum (JSE:VAL), the current Operating Margin % is 29.99% 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 Valterra Platinum (JSE:VAL) Overvalued in 2026?
Based on GuruFocus' analysis, Valterra Platinum stock appears to be overvalued.
The current stock price of R1,083.50 is trading 34% above its estimated GF Value™ of R808.74.
GuruFocus considers Valterra Platinum to be Significantly Overvalued.
Key valuation signals for JSE:VAL:
Operating Margin %: 29.99% (59% above median its 10-year median of 18.91)
GF Value™: R808.74 vs. price of R1,083.50 (34% above fair value)
Industry Position: 418% above the Metals & Mining median (#227 of 841)
No single metric tells the full story. See the JSE:VAL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Valterra Platinum Ltd supplies platinum group metals (PGMs). It provides services across the value chain, including mining, recycling, and trading of metals. Its products include PGMs such as platinum, palladium, rhodium, iridium, and ruthenium; base metals such as copper, nickel, cobalt sulphate, and chrome; and other by-products such as gold and sodium sulphate, with operations across different stages of production. The majority of the company's revenue is derived from the sale of Platinum. Geographically, it generates the maximum revenue from Japan.
79GF Score
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