Alexander Forbes Group HoldingsJSE:AFH +0.94%68 Gross Margin % is 10.06% as of Mar. 2026, which is 76% below its 10-year median of 42.77. GuruFocus rates JSE:AFH with a GF Score™ of 68/100 and a GF Value™ of R8.61 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 73 Diversified Financial Services companies, Alexander Forbes Group Holdings ranks worse than 50.68% on this metric.
JSE:AFH's Gross Margin % is ranked worse than 50.68% of 73
companies
in the Diversified Financial Services industry
Industry Median: 42.14
vs JSE:AFH: 42.14
Alexander Forbes Group Holdings had a gross margin of 10.06% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage
Alexander Forbes Group Holdings (JSE:AFH) Gross Margin % Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Alexander Forbes Group Holdings had a gross margin of 10.06% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
Alexander Forbes Group Holdings Gross Margin % Related Terms
Alexander Forbes Group Holdings Gross Margin % Historical Data
* 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.
Alexander Forbes Group Holdings Gross Margin % Chart
For the Financial Conglomerates subindustry, Alexander Forbes Group Holdings's Gross Margin %, along with its competitors' market caps and Gross 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.
Alexander Forbes Group Holdings Gross Margin % vs Diversified Financial Services Industry
For the Diversified Financial Services industry and Financial Services sector, Alexander Forbes Group Holdings's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Alexander Forbes Group Holdings's Gross 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.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Alexander Forbes Group Holdings (JSE:AFH) has a Gross Margin % of 10.06% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Alexander Forbes Group Holdings and its competitors. This is 76% below median its historical median of 42.77. Over the past decade, Alexander Forbes Group Holdings' Gross Margin % has ranged from 27.28 to 47.31. According to the industry distribution chart, Alexander Forbes Group Holdings ranks #37 out of 73 companies in the Diversified Financial Services industry, placing it in the top 50.7%.
Is Alexander Forbes Group Holdings' Gross Margin % too high?
Alexander Forbes Group Holdings' current Gross Margin % of 10.06% is 76% below median its 10-year median of 42.77. Over the past 10 years, this metric has ranged from a low of 27.28 to a high of 47.31. The Diversified Financial Services industry median Gross Margin % is 42.14. Alexander Forbes Group Holdings' value of 10.06% is 76.1% below this industry median. Based on the distribution chart, Alexander Forbes Group Holdings ranks #37 out of 73 companies in the Diversified Financial Services industry, which is below the industry midpoint. Overall, Alexander Forbes Group Holdings has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Alexander Forbes Group Holdings' Gross Margin % compare to VOYA and FRHC?
According to the Diversified Financial Services industry distribution chart, Alexander Forbes Group Holdings ranks #37 out of 73 companies for Gross Margin %. This places Alexander Forbes Group Holdings in the lower half of its industry. The industry median Gross Margin % is 42.14. Alexander Forbes Group Holdings' value of 10.06% is 76.1% below this benchmark. Historically, Alexander Forbes Group Holdings' own Gross Margin % has ranged from 27.28 to 47.31 over the past decade. While the company's 10-year median is 42.77 vs. the industry median of 42.14, Alexander Forbes Group Holdings has consistently been below 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 Gross Margin % for a Diversified Financial Services company?
The median Gross Margin % among Diversified Financial Services companies is 42.14, based on 73 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Alexander Forbes Group Holdings's current Gross Margin % of 10.06% is 76.1% below 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 Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Alexander Forbes Group Holdings and its competitors. For the Diversified Financial Services industry, the median Gross Margin % is 42.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alexander Forbes Group Holdings's current Gross Margin % is 10.06%, which is 76% below median its own 10-year median of 42.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alexander Forbes Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Alexander Forbes Group Holdings (JSE:AFH) is currently considered Modestly Undervalued. The stock's GF Value™ is R8.61, compared to a current price of R7.50 — trading 12.9% below its estimated fair value. The current Gross Margin % is 10.06%, which is 76% below median its 10-year median of 42.77 and 76.1% below the Diversified Financial Services industry median of 42.14. Alexander Forbes Group Holdings' overall GF Score™ is 68/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Alexander Forbes Group Holdings (JSE:AFH), the current Gross Margin % is 10.06% 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 Alexander Forbes Group Holdings (JSE:AFH) Overvalued in 2026?
Based on GuruFocus' analysis, Alexander Forbes Group Holdings stock appears to be undervalued.
The current stock price of R7.50 is trading 12.9% below its estimated GF Value™ of R8.61.
GuruFocus considers Alexander Forbes Group Holdings to be Modestly Undervalued.
Key valuation signals for JSE:AFH:
Gross Margin %: 10.06% (76% below median its 10-year median of 42.77)
GF Value™: R8.61 vs. price of R7.50 (12.9% below fair value)
Industry Position: 76.1% below the Diversified Financial Services median (#37 of 73)
No single metric tells the full story. See the JSE:AFH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Alexander Forbes Group Holdings Business Description
Alexander Forbes Group Holdings Ltd is a South Africa-based diversified financial services company. The company operates through seven segments: Retirement consulting, Healthcare consulting, Investments, Individual consulting, Multinational consulting, Solutions & Enablement, and Client Services & Business Optimization. Its services include Retirement consulting, Investments, Healthcare, Preservation funds, and Others. The company also offers online services.
68GF Score
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