MMGMMLTF 64 Pretax Margin % is 23.75% as of Dec. 2025, which is 114% above its 10-year median of 11.11. GuruFocus rates MMLTF with a GF Score™ of 64/100 and a GF Value™ of $0.49 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 843 Metals & Mining companies, MMG ranks better than 76.63% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. MMG's Pre-Tax Income for the
six
months ended in Dec. 2025 was $808 Mil. MMG's Revenue for the
six
months ended in Dec. 2025 was $3,401 Mil. Therefore, MMG's pretax margin for the quarter that ended in Dec. 2025 was 23.75%.
The historical rank and industry rank for MMG's Pretax Margin % or its related term are showing as below:
MMLTF'
s Pretax Margin % Range Over the Past 10 Years
Min: -5.64 Med: 11.11 Max: 35.34
Current: 27.79
MMLTF's Pretax Margin % is ranked better than 76.63% of 843
companies
in the Metals & Mining industry
Industry Median: 4.83
vs MMLTF: 27.79
MMG (OTCPK:MMLTF) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
MMG Pretax Margin % Related Terms
MMG Pretax Margin % Historical Data
* Premium members only.
The historical data trend for MMG's Pretax 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 Copper subindustry, MMG's Pretax Margin %, along with its competitors' market caps and Pretax 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.
MMG Pretax Margin % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, MMG's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where MMG's Pretax 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.
MMG (MMLTF) has a Pretax Margin % of 23.75% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on MMG and its competitors. This is 114% above median its historical median of 11.11. According to the industry distribution chart, MMG ranks #197 out of 843 companies in the Metals & Mining industry, placing it in the top 23.4%.
Is MMG's Pretax Margin % too high?
MMG's current Pretax Margin % of 23.75% is 114% above median its 10-year median of 11.11. The Metals & Mining industry median Pretax Margin % is 4.83. MMG's value of 23.75% is 391.7% above this industry median. Based on the distribution chart, MMG ranks #197 out of 843 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, MMG has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MMG's Pretax Margin % compare to SCCO and FCX?
According to the Metals & Mining industry distribution chart, MMG ranks #197 out of 843 companies for Pretax Margin %. This places MMG in the top 23% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 4.83. MMG's value of 23.75% is 391.7% above this benchmark. While the company's 10-year median is 11.11 vs. the industry median of 4.83, MMG 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 Pretax Margin % for a Metals & Mining company?
The median Pretax Margin % among Metals & Mining companies is 4.83, based on 843 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. MMG's current Pretax Margin % of 23.75% is 391.7% 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on MMG and its competitors. For the Metals & Mining industry, the median Pretax Margin % is 4.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MMG's current Pretax Margin % is 23.75%, which is 114% above median its own 10-year median of 11.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MMG stock overvalued right now?
Based on GuruFocus' analysis, MMG (MMLTF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.49, compared to a current price of $0.91 — trading 85.4% above its estimated fair value. The current Pretax Margin % is 23.75%, which is 114% above median its 10-year median of 11.11 and 391.7% above the Metals & Mining industry median of 4.83. MMG's overall GF Score™ is 64/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For MMG (MMLTF), the current Pretax Margin % is 23.75% 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 MMG (MMLTF) Overvalued in 2026?
Based on GuruFocus' analysis, MMG stock appears to be overvalued.
The current stock price of $0.91 is trading 85.4% above its estimated GF Value™ of $0.49.
GuruFocus considers MMG to be Significantly Overvalued.
Key valuation signals for MMLTF:
Pretax Margin %: 23.75% (114% above median its 10-year median of 11.11)
GF Value™: $0.49 vs. price of $0.91 (85.4% above fair value)
Industry Position: 391.7% above the Metals & Mining median (#197 of 843)
No single metric tells the full story. See the MMLTF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MMG Ltd is engaged in the exploration, development, and mining of zinc, copper, cobalt, gold, silver, molybdenum, and lead deposits around the world. The group has five reportable operating segments namely Dugald River, Kinsevere, Rosebery, Las Bambas, Khoemacau, Rosebery, and others. The company derives maximum revenue from Las Bambas mine, which is an open-pit, scalable, long-life copper and molybdenum mining operation located in the Cotabambas, Apurimac region of Peru.
64GF Score
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