JL Mag Rare-Earth Co (FRA:3KLA) Research & Development: €66.3 Mil (TTM As of Mar. 2026)


FRA:3KLA JL Mag Rare-Earth Co Ltd FRA:3KLA
95 GF Score
Price €1.78
GF Value €1.45
Valuation Modestly Overvalued
! 6 Warning Signs
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What is JL Mag Rare-Earth Co Research & Development?

JL Mag Rare-Earth Co FRA:3KLA -9.18% 95 Research & Development is €66.3 Mil as of Mar. 2026. GuruFocus rates FRA:3KLA with a GF Score™ of 95/100 and a GF Value™ of €1.45 (Modestly Overvalued). The stock has 6 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. JL Mag Rare-Earth Co's Research & Development for the three months ended in Mar. 2026 was €15.3 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was €66.3 Mil.

JL Mag Rare-Earth Co  (FRA:3KLA) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

JL Mag Rare-Earth Co Research & Development Related Terms

JL Mag Rare-Earth Co Research & Development Historical Data

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The historical data trend for JL Mag Rare-Earth Co's Research & Development 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.

JL Mag Rare-Earth Co Research & Development Chart

JL Mag Rare-Earth Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.25 45.70 45.45 42.09 61.32

JL Mag Rare-Earth Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Research & Development 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 10.56 10.51 17.47 23.02 15.34
FRA:3KLA
95GF Score
JL Mag Rare-Earth Co Ltd FRA:3KLA
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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JL Mag Rare-Earth Co Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €66.3 Mil.

* 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 Research & Development →
What does a Research & Development of €66.3 Mil mean?
JL Mag Rare-Earth Co (FRA:3KLA) has a Research & Development of €66.3 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on JL Mag Rare-Earth Co and its competitors.
Is JL Mag Rare-Earth Co's Research & Development too high?
JL Mag Rare-Earth Co's current Research & Development is €66.3 Mil. Overall, JL Mag Rare-Earth Co has a GF Score™ of 95/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does JL Mag Rare-Earth Co's Research & Development compare to ATI and CRS?
JL Mag Rare-Earth Co's Research & Development of €66.3 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for an Industrial Products company?
A good Research & Development depends on the Industrial Products industry context. However, Research & Development 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 Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on JL Mag Rare-Earth Co and its competitors. JL Mag Rare-Earth Co's current Research & Development is €66.3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JL Mag Rare-Earth Co stock overvalued right now?
Based on GuruFocus' analysis, JL Mag Rare-Earth Co (FRA:3KLA) is currently considered Modestly Overvalued. The stock's GF Value™ is €1.45, compared to a current price of €1.78 — trading 22.8% above its estimated fair value. The current Research & Development is €66.3 Mil. JL Mag Rare-Earth Co's overall GF Score™ is 95/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For JL Mag Rare-Earth Co (FRA:3KLA), the current Research & Development is €66.3 Mil 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 JL Mag Rare-Earth Co (FRA:3KLA) Overvalued in 2026?

Based on GuruFocus' analysis, JL Mag Rare-Earth Co stock appears to be overvalued. The current stock price of €1.78 is trading 22.8% above its estimated GF Value™ of €1.45. GuruFocus considers JL Mag Rare-Earth Co to be Modestly Overvalued.

Key valuation signals for FRA:3KLA:

  • Research & Development: €66.3 Mil
  • GF Value™: €1.45 vs. price of €1.78 (22.8% above fair value)
  • GF Score™: 95/100 with 6 warning signs

No single metric tells the full story. See the FRA:3KLA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

JL Mag Rare-Earth Co Business Description

Address 81 West Jinling Road, Industrial Area, Economic and Technological Development Zone, Jiangxi Province, Ganzhou, CHN, 341000
JL Mag Rare-Earth is a leading global producer of high-performance rare-earth permanent magnets. JL Mag focuses on the production and sale of NdFeB PMs, the most widely used type of REPMs, mainly made from an alloy of neodymium (Nd), iron (Fe), and boron (B). The firm is ranked first in the world by high-performance REPMs, according to Frost & Sullivan. JL Mag is also ranked first in the global grain boundary diffusion REPMs market. Its products have a wide array of applications, mainly in new energy vehicles, automotive parts, wind turbine generators, and energy-saving variable-frequency air-conditioners.
95GF Score

Get the complete analysis for FRA:3KLA

Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€1.78
Price
€1.45
GF Value