Boxer RetailJSE:BOX -1.92%18 Gross Margin % is 22.73% as of Feb. 2026, which is 7% above its 10-year median of 21.17. GuruFocus rates JSE:BOX with a GF Score™ of 18/100. The stock has 4 warning signs investors should review. Among 1,113 Retail - Cyclical companies, Boxer Retail ranks worse than 75.56% on this metric.
The historical rank and industry rank for Boxer Retail's Gross Margin % or its related term are showing as below:
JSE:BOX'
s Gross Margin % Range Over the Past 10 Years
Min: 19.42 Med: 21.17 Max: 21.58
Current: 21.58
During the past 5 years, the highestGross Margin % of Boxer Retail was 21.58%. The lowest was 19.42%. And the median was 21.17%.
JSE:BOX's Gross Margin % is ranked worse than 75.56% of 1113
companies
in the Retail - Cyclical industry
Industry Median: 36.26
vs JSE:BOX: 21.58
Boxer Retail had a gross margin of 22.73% for the quarter that ended in Feb. 2026 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Boxer Retail was 0.00% per year.
Boxer Retail (JSE:BOX) 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
Boxer Retail had a gross margin of 22.73% for the quarter that ended in Feb. 2026 => Competition eroding margins
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.
Boxer Retail Gross Margin % Related Terms
Boxer Retail Gross Margin % Historical Data
* Premium members only.
The historical data trend for Boxer Retail's Gross 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 Department Stores subindustry, Boxer Retail'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.
Boxer Retail Gross Margin % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Boxer Retail's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Boxer Retail'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.
Boxer Retail (JSE:BOX) has a Gross Margin % of 22.73% as of Feb. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Boxer Retail and its competitors. This is near median its historical median of 21.17. Over the past decade, Boxer Retail's Gross Margin % has ranged from 19.42 to 21.58. According to the industry distribution chart, Boxer Retail ranks #841 out of 1113 companies in the Retail - Cyclical industry, placing it in the top 75.6%.
Is Boxer Retail's Gross Margin % too high?
Boxer Retail's current Gross Margin % of 22.73% is near median its 10-year median of 21.17. Over the past 10 years, this metric has ranged from a low of 19.42 to a high of 21.58. The Retail - Cyclical industry median Gross Margin % is 36.26. Boxer Retail's value of 22.73% is 37.3% below this industry median. Based on the distribution chart, Boxer Retail ranks #841 out of 1113 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Boxer Retail has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Boxer Retail's Gross Margin % compare to DDS and M?
According to the Retail - Cyclical industry distribution chart, Boxer Retail ranks #841 out of 1113 companies for Gross Margin %. This places Boxer Retail in the lower half of its industry. The industry median Gross Margin % is 36.26. Boxer Retail's value of 22.73% is 37.3% below this benchmark. Historically, Boxer Retail's own Gross Margin % has ranged from 19.42 to 21.58 over the past decade. While the company's 10-year median is 21.17 vs. the industry median of 36.26, Boxer Retail 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 Retail - Cyclical company?
The median Gross Margin % among Retail - Cyclical companies is 36.26, based on 1,113 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. Boxer Retail's current Gross Margin % of 22.73% is 37.3% 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 Boxer Retail and its competitors. For the Retail - Cyclical industry, the median Gross Margin % is 36.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Boxer Retail's current Gross Margin % is 22.73%, which is near median its own 10-year median of 21.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Boxer Retail stock overvalued right now?
Boxer Retail (JSE:BOX) has a current Gross Margin % of 22.73%. The current Gross Margin % is 22.73%, which is near median its 10-year median of 21.17 and 37.3% below the Retail - Cyclical industry median of 36.26. Boxer Retail's overall GF Score™ is 18/100 with 4 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 Boxer Retail (JSE:BOX), the current Gross Margin % is 22.73% as of Feb. 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.
Boxer Retail Ltd is engaged in the retail of food, health and beauty products, general merchandise and liquor, and additional value-added services, in South Africa and Eswatini. The group has one operating segment, namely Boxer Group which includes all retail operations under the Boxer Superstores, Boxer Build and Boxer Liquors brands selling products such as groceries, general merchandise and liquor.
18GF Score
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